MIF has appointed Meezan Bank Limited as the Shariah Advisor. The Bank is the First Islamic Scheduled Bank in the country and draws Shariah expertise from world-renowned scholars through its Shariah Board. The Shariah Board comprises of the following scholars:

Justice (Retd.) Mufti Muhammad Taqi Usmani
Dr. Abdul Sattar Abu Ghuddah
Sheikh Essam M. Ishaq
Dr. Muhammad Imran Ashraf Usmani

Justice (Retd.) Mufti Muhammad Taqi Usmani

Justice (Retd.) Mufti Muhammad Taqi Usmani is a renowned figure in the field of Shariah, particularly in Islamic Finance. Currently he holds advisory positions in a number of financial institutions practicing Islamic Banking and Finance.

Justice (Retd.) Mufti Muhammad Taqi Usmani has vast experience in Islamic Shariah, he has been teaching various subjects on Islam for 40 years. He also served as a Judge in the Shariat Appellate Bench, Supreme Court of Pakistan from 1982 to 2002. He also edits the magazine Albalagh in English and Urdu, and contributes articles in leading Pakistani newspapers.

Born in Pakistan, Justice (Retd.) Mufti Muhammad Taqi Usmani holds an LLB from Karachi University. He graduated from Punjab University in 1970. Prior to that, he completed Takhassus course i.e. the specialization course of Islamic Fiqh and Fatwa (Islamic Jurisprudence) from Jamia Darululoom Karachi.

Other positions currently held:
Permanent Member International Islamic Fiqh Academy, Jeddah
Vice President, Darul Uloom Karachi
Chairman, Shariah Council AAOIFI, Bahrain
Member, Islamic Fiqh Academy of Rabita-al-Alam-e-Islami, Makkah
Member, European Council of Fatwa and Research, Dublin, Ireland
Chairman, Center for Islamic Economics Pakistan since 1991
Chairman, Shariah Board Dow Jones Islamic Market Index, New York
Chairman, Shariah Board, Bahrain Monetary Agency, Bahrain
Chairman, Shariah Board, Amana Investments Limited, Sri Lanka
Chairman, Shariah Board Abu Dhabi Islamic Bank, UAE
Chairman, Shariah Board Islamic House of Britain plc, UK
Member, Shariah Board, First Islamic Investment Bank, Bahrain
Member Shariah Board, Islamic Corporation for Development of the         Private Sector, (ICD) an organ of IDB, Jeddah
Member Shariah Board, Guidance Financial Group, USA

Dr. Abdul Sattar Abu Ghuddah

Dr. Abdul Sattar Abu Ghuddah holds positions of Shariah Advisor and Director, Department of Financial Instruments at Al-Baraka Investment Co. of Saudi Arabia. He holds a PhD in Islamic Law from Al Azhar University Cairo, Egypt. He is an active member of Islamic Fiqh Academy and the Accounting & Auditing Standards Board of Islamic Financial Institutions.

Dr. Abdul Sattar teaches Fiqh, Islamic studies and Arabic in Riyadh and has done a valuable task of researching and compiling information for the Fiqh Encyclopedia in the Ministry of Awqaf and Islamic Affairs in Kuwait. He was a member of the Fatwa Board in the Ministry from 1982 to 1990.

Other positions currently held:
Member Shariah Board, Dow Jones Islamic Market Indexes
Member Shariah Board, UBS, Switzerland
Member Shariah Board Guidance Financial Group, USA
Member Shariah Board, Saudi American Bank
Member Shariah Supervisory Board, First Islamic Investment Bank

Sheikh Essam M.Ishaq

Born in Bahrain Sheikh Essam M. Ishaq graduated in Political Science from McGill University, Montreal, Canada. Currently he is teaching Fiqh, Aqeeda and Tafseer courses in Bahrain. He holds the position of Shariah Advisor at Discover Islam Bahrain. He holds position of Director in a number of Business and Educational institutions, which include:

Al Baraka Islamic Bank, Bahrain
Bahrain Development Bank, Bahrain
Discover Islam, Bahrain
Middle East Traders, Bahrain
Zawaya Property Development, Bahrain
Al Iman Islamic School, Bahrain
Muslim Educational Society, Bahrain

Dr. Muhammad Imran Ashraf Usmani - Shariah Advisor

Dr. Muhammad Imran Ashraf Usmani is a M. Phil, Ph. D. in Islamic Economics and graduated as scholar from Jamia Darul-Uloom, Karachi and did specialization course in Islamic Jurisprudence. He is also involved in conducting training sessions for Meezan Bank staff in Islamic finance and Shariah issues. Dr. Usmani has been teaching at several branches of Islamic learning since 1998 at Jamia Darul-Uloom, Karachi. He is also a visiting faculty member of Institute of Business Administration (IBA)Karachi.

Other positions currently held:
Shariah Advisor, UBS, Switzerland
Shariah Advisor, Mashreq bank PSC, Dubai, UAE
Shariah Advisor, Ihilal.com, Dubai, UAE
Member, Shariah Supervisory Board, Guidance Financial Group, USA
Shariah Advisor, Future Growth Equity Fund, South Africa