Shariah Governance
Member of Shariah Committee

Prof. Dr. Ashraf Md Hashim
Chairman of the Shariah Committee
Prof. Dr Ashraf Bin Md Hashim is the Chief Executive Officer of ISRA Consultancy. He is also a Senior Researcher at International Research Academy for Islamic Finance (ISRA) and a Professor at International Centre of Education in Islamic Finance (INCEIF).
Dr Ashraf currently sits on the Central Bank of Malaysia's Shariah Advisory Council (SAC BNM) as Deputy Chairman and the Securities Commission of Malaysia’s Shariah Advisory Council (SAC SC). He is also a member of Shari’ah Committee for International Islamic Liquidity Management Cooperation (IILM) and the Chairman of Shariah Committee of Bursa Malaysia (Malaysia Exchange House). In addition, he also serves as member of National Fatwa Council of Malaysia, a registered Shariah adviser of Security Commission, advising a few REIT companies particularly in Singapore. He is also a member of Shariah Committee for Tabung Haji (Pilgrimage Fund) and Association of Islamic Banking Association Malaysia (AIBIM). He is actively involved in many consultation works related to Islamic finance in Malaysia and abroad, among others the Islamic Bank of Australia (Project) and Noor Takaful Nigeria (Chairman of Advisory Council of Experts). Recently, he has also been appointed as Chairman for Panel of Experts in Muamalat Matters under the Islamic Development Division, Prime Minister Department Malaysia.
Dr Ashraf obtained his PhD (Islamic Law) from University of Birmingham, United Kingdom. His Masters in Fiqh and Usul Fiqh from University of Jordan and his BA in Shariah from Islamic University in Medina, Saudi Arabia. He is also a holder of Postgraduate Diploma in Shariah Law and Practice (DSLP) from International Islamic University Malaysia.

Prof. Dr. Younes Soualhi
Member of the Shariah Committee
Prof. Dr. Younes Soualhi is currently a Senior Researcher at the International Shariah Research Academy for Islamic Finance (ISRA) and a Professor at the Global University if Islamic Finance (INCEIF). He is also the head of Islamic banking Unit at ISRA. He was the former Deputy Dean of the IIUM Institute of Islamic Banking and Finance (IIiBF) and a former Lecturer in the Department of Fiqh and Usul al-Fiqh, IIUM having more than 22 years of teaching experience.
He is a member of the Shari’ah Committe of HSBC Amanah Malaysia, the chairman of the Shari’ah board of Munich Re Takaful, the Shariah advisor for Kuwait Retakaful (Malaysia), a member of the Takaful committee (Malaysia Financial Planning Council-MFPC), as well as a founding member of the French Council of Islamic Finance (Coffis), Paris. He is also a member of Shariah advisory council of Adegreen (Dubai) and Salihin Bhd.
He is registered financial planner (RFP), a certificate awarded by the Malaysian Financial planning council (MFPC). He published many articles and Books in pure Shari’ah-related issues and in Islamic Banking and Finance. He is actively involved in Islamic Banking and Finance as a lecturer, researcher, trainer and consultant. He got his B.A in Shari’ah from Emir Abdulqadir University for Islamic Sciences in Algeria ,and his M.A&P.HD from IIUM and UM respectively. He also holds a Diploma in Human Sciences.

Dr. Shamsiah Mohamad
Member of the Shariah Committee
Dr. Shamsiah Mohamad was a former Senior Researcher at the International Research Academy for Islamic Finance (ISRA) and also was a former Associate Professor at the Department of Fiqh and Usul, Academy of Islamic Studies of University Malaya.
Dr. Shamsiah obtained her PhD in Shariah from the University of Jordan and her MA in Shariah and Degree in Shariah from Universiti Malaya.
Dr. Shamsiah currently sits on the Shariah Advisory Council (SAC) of both Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM). In addition to being a member of the Shariah Advisory Committee of the Association of Islamic Banking Institutions Malaysia (AIBIM), she also serves as a member of the Shariah Review Panel of the Department of Islamic Development Malaysia (JAKIM) and is a registered Shariah Adviser with SC.