Fatwas

Fatwas

ISSC issues fatwas and resolutions that are binding upon Emirates NBD.
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Profit Rates

Profit Rates

Stay informed about the latest Emirates NBD ISLAMIC Profit Rates.
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Internal Shari’ah Supervision Committee

The Shari'ah governance process is managed through a three lines of defense approach with an Islamic window, an Internal Shari'ah control unit and Internal Shari'ah Audit unit. These units ensure Emirates NBD’s Internal Shari’ah Supervision Committee (“ISSC”) is the Bank’s main Shari’ah governance. The ISSC operates in accordance with the requirements of the CBUAE and undertakes supervision of all Shari'ah compliant businesses, activities, product and services. ISSC issues fatwas and resolutions that are binding upon Emirates NBD.
Dr Mohamed Ali Elgari

Dr. Mohamed Ali Elgari

Dr. Elgari holds the distinction of being a Former Professor of Islamic Economics at King Abdulaziz University, Jeddah, Saudi Arabia, and Former Director of the Center for Research in Islamic Economics, at the same university. He is an Expert at the Islamic Jurisprudence Academy of the OIC and the Islamic Jurisprudence Academy of the Islamic World League.

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Prof dr Mohammad Abdul Rahim Sultan Al Olama

Prof. Dr. Mohammad Abdul Rahim Sultan Al Olama

Prof. Dr. Mohammad Abdul Rahim Sultan Al Olama is a professor of jurisprudence and its fundamentals at the College of Law at the United Arab Emirates University in Al Ain, in addition to being a certified expert in financial affairs concerning compliance with Islamic Shari’ah principles. Notably, he leads the Shari’ah committee at the Zakat Fund in the United Arab Emirates.

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Dr Salim Ali Al Ali

Dr. Salim Ali Al-Ali

Dr. Salim Ali Al-Ali is an assistant professor at the Department of Shari’ah and Islamic Studies at the College of Law at the United Arab Emirates University, where he teaches a spectrum of courses related to Islamic law and Islamic banking. He was educated in the United Kingdom, where he received his PhD in Financial Law from the University of London.

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Dr Muhammad Qaseem

Dr. Muhammad Qaseem

Dr. Muhammad Qaseem is a well-known Shari’ah scholar and Islamic banking expert. He is the Chairman of the Shari’ah Board of Deutsche Bank Malaysia and Emaan Islamic Banking of Silk Bank Ltd. He is also a member of the ISSC of Dubai Islamic Bank, ENBD and some other institutions. Dr. Qaseem has also served as Shari’ah Board member of Central Bank of Pakistan, DFM, ADCB and many other Islamic banks.

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Dr Amin Fateh

Dr. Amin Fateh

Dr. Amin Fateh holds a bachelor’s and Master’s in honorable Hadith, and a PhD in Islamic studies. He has been part of the Islamic Banking industry ever since its early stages in 1988, initially contributing to the Shari’ah compliance function of Kuwait Finance House. Across the years he has work with many of the most prominent Shari’ah scholars in the field. For more than a decade he has lead Islamic Shari’ah advisory Minhaj.

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