Al Meezan Investments

Shariah Advisor

We are very particular about providing Halal and Riba-Free investment opportunities. For all our operations and investments; we draw guidance on matters related to Shariah from the Shariah Supervisory Board of Meezan Bank Limited which comprises of the following eminent and learned Islamic scholars:

Dr. Imran Ashraf Usmani

Shariah Advisor

Dr. Muhammad Imran Usmani, son of Justice (Retd.) Mufti Muhammad Taqi Usmani, holds an LLB, M. Phil, and Ph. D. in Islamic Finance and graduated as a scholar with specialization (Takhassus) in Islamic Fiqh and fatwa from Jamia Darul-Uloom, Karachi.

Dr. Muhammad Imran Usmani, Shariah Advisor and Group Head of the Product Development & Shariah Compliance Department (PDSC) at Meezan Bank, is responsible for R&D and Product Development of Islamic banking products, advisory for Shariah-compliant banking and supervision of Shariah Audit & Compliance.

Dr. Imran Usmani has served as an advisor / member of Shariah Boards of several renowned institutions since 1997 which includes the State Bank of Pakistan, HSBC – Amanah Finance, UBS – Switzerland, Guidance Financial Group USA, Lloyds TSB Bank – UK, Japan Bank for International Cooperation (JABIC), Credit Suisse Switzerland, RBS Global, Old Mutual Albarakah Equity & Balanced Funds South Africa, AIG Takaful, ACR Retakaful Malaysia, Capitas Group USA, Bank of London And Middle East Kuwait, BMI Bank Bahrain, Al Khaliji Bank Qatar, Sarasin Bank Switzerland, DCD group Dubai and other Mutual and Property funds, Takaful Companies and international Sukuk etc. He is also an Executive Committee Member of AAOIFI (Dubai) and Shariah Supervisory Board of International Islamic Financial Market (IIFM) Bahrain and International Center for Education in Islamic Finance (INCEIF) Malaysia, Institute of Business Administration (IBA), Karachi and Center for Islamic Economics (CIE), Karachi.

Dr. Imran Usmani is the author of numerous publications related to Islamic finance and other Shariah-related subjects. He has presented papers in numerous national and international seminars and has delivered lectures at academic institutions including Harvard, LSE, LUMS and IBA. Dr. Usmani is also the head of Hira Foundation School, a project of Jamia Darul Uloom Karachi to provide a high standard education from Montessori level to University level combining conventional modern academics with Islamic teachings. He also serves as a lecturer of different subjects of Shariah and is amongst the administration board of Jamia Darul-Uloom, Karachi. He is a visiting faculty member at Karachi University and IBA. He has also been leading Friday khuthbah and prayer at a Jamia Mosque for 20 years.