SHARIAH SOLUTIONS

EST 1998

For Business & Finance

RATIONALE

Principles of opinion

Shariah Compliance in Islamic Finance
Islamic finance is rooted in faith-based principles that prohibit riba (interest) and gharar (excessive uncertainty or incomplete disclosure), as outlined in the Qur’an, Hadith, Sunnah and Islamic traditions

Yasaar: A Pioneering Independent Approach
Yasaar, a UK-based advisory firm, takes an independent and confidential approach to Shariah compliance and coordination. We offer expert services to:

  • Financial institutions
  • Regulatory bodies
  • Investors & fund managers
  • Legal, accounting, and auditing firms
  • Rating agencies
  • corporate entities
By offering impartial, high-quality Shariah compliance solutions, Yasaar empowers clients to operate with confidence in the Islamic finance landscape.

About Yasaar
Yasaar is an independent, London-based advisory firm offering expert Shariah compliance services and consultancy to financial institutions worldwide. Unlike many providers or consultancies, we operate without affiliation to any financial institution or investment organisation, ensuring unbiased and client-focused services.

Our team of highly qualified Shariah scholars is fluent in both Arabic and English, with unmatched expertise in Islamic finance.

We add further value by specialising in Classical and modern financial Arabic, bridging the gap between traditional Islamic jurisprudence and contemporary financial practices.

All our services are conducted with strict confidentiality, tailored to each client’s needs, and fully compliant with:

  • The legal frameworks of relevant jurisdictions
  • Islamic Shariah principles, particularly Fiqh Al-Muamalat (Islamic Law on Financial Transactions)

With Yasaar, clients can confidently navigate Shariah compliance while meeting the highest industry standards.

Global Reach
Yasaar serves clients worldwide, offering cutting-edge Shariah compliance guidance across diverse markets and industries. Whether you're a start-up or a multinational corporation, our extensive network ensures localised insights and solutions that meet international standards. With a strong global presence, we help businesses navigate Islamic finance with confidence.

Customer-Centric Solutions
At Yasaar, we take a client-focused, collaborative approach to Shariah compliance. We work closely with you to understand your business goals and develop tailored solutions that ensure compliance while maintaining competitiveness. From product structuring and documentation review to ongoing compliance monitoring, we provide end-to-end support, making Yasaar your trusted Shariah compliance partner.

Team

Our Leadership & Expertise


Our strength lies in our experienced leadership team and distinguished Shariah Supervisory Board, ensuring the highest standards of Shariah compliance and advisory services.

LEADERSHIP TEAM
Majid Dawood, Founder & Chief Executive Officer
Angela Dawood, Chief Operating Officer
Haytham Kaddoura Head of GCC Markets
Dr Hardeep Tamana Consultant Head of Regulation and Product Development

SHARIAH SUPERVISORY BOARD
Our Shariah Supervisory Board comprises of leading scholars with extensive experience and expertise in Fiqh al-Muamalat (Islamic commercial jurisprudence), banking, and regulatory frameworks:

Datuk Dr Aznan Hasan (Malaysia)
Datuk Dr Mohamad Akram Laldin (Malaysia)
Dr Mohammad Burhan Arbouna (Bahrain)

Supported by a dedicated team of researchers, administrators, and marketing professionals, our scholars bring deep industry knowledge and fluency in both Arabic and English.

Their expertise in Shariah law, modern finance, and regulatory compliance makes Yasaar a trusted partner in Islamic financial services.
-----MANAGEMENT-----

Majid Dawood

Founder & Chief Executive Officer

Angela Dawood

Chief Operating Officer

Haytham Kaddoura

Head of GCC Markets

Dr Hardeep Tamana

Consultant Head of Regulation and Product
Development
-----SHARIAH SUPERVISORY BOARD-----

Datuk Professor Dr Aznan Hasan

Professor and Shariah Scholar, Ahmad Ibrahim Kulliyyah of Laws

Datuk Dr Mohamad Akram Laldin

Executive Director of International Shari'ah Research Academy for Islamic
Finance (ISRA)

Dr Mohammed Burhan Arbouna

Expert in Islamic Banking and
Finance

Services

OUR SERVICES


Shariah Compliance Certification

Shariah Advisory & Consultation

Shariah Auditing & Compliance Review

Shariah Coordination Services

Shariah Research and Development Services

Partnerships

PARTNERSHIPS

Media

Media

Glossary

GLOSSARY OF ISLAMIC FINANCIAL TERMS

A-B | C-G | H-J | K-M | N-R | S-T | U-Z
Al Ajr
A commission, fees or wages levied for services.
Amana/Amanah
Reliability or trustworthiness. Important value of Islamic society in mutual dealings. It also refers to deposits in trust. A person may hold property in trust for another, sometimes by implication of a contract.
Al Wadia
Absolute power of attorney.
Al Rahn Al
Arrangement where a valuable asset is placed as a collateral for a debt. The collateral is disposable in the event of a default. Pawn Broking.
Al Wadiah
Safe keeping.
Awkaf/Awqaf
A religious foundation set up to assist the poor and needy.
Bai Muajjal (Deferred Payment Contract)
A contract involving the sale of goods on a deferred payment basis. The bank or provider of capital buys the goods (assets) on behalf of the business owner. The bank then sells the goods to the client at an agreed price, which will include a mark-up since the bank needs to make a profit. The business owner can pay the total balance at an agreed future date or pay by installments over a pre-agreed period. This is similar to a Murabaha contract since it is also a credit sale.
Bai al Dayn Debt financing: the provision of financial resources required for production, commerce and services by way of sale/purchase of trade documents and papers. Bai al-Dayn is a short-term facility with a maturity of not more than a year. Only documents evidencing debts arising from bona fide commercial transactions can be traded.
Bai al Salam This term refers to advance payment for goods which are to be delivered later. Normally, no sale can be effected unless the goods are in existence at the time of the bargain. But this type of sale forms an exception to the general rule provided the goods are defined and the date of delivery is fixed. One of the conditions of this type of contract is advance payment; the parties cannot reserve their option of rescinding it but the option of revoking it on account of a defect in the subject matter is allowed. It is usually applied in the agricultural sector where the bank advances money for various inputs to receive a share in the crop, which the bank sells in the market.
Baitul Mal
Treasury.

Contact

How can we help?

A client can contact us at any appropriate phase of a policy initiative; a financial transaction structure; the establishment of an investment fund vehicle; and a Shariah compliance review or audit. Ideally, our involvement should be at the onset of any Shariah-compliant initiative or transaction. However, irrespective of timing, we will endeavour to provide a professional, value-added, competitively-priced, and confidential service - always strictly in compliance with Shariah.

Address

Yasaar Research Limited, F 6, New Crown, 100 St Pauls Road, London, N1 2QP,
United Kingdom

Call Us

+4420 3664 9026

Email Us

info@yasaar.org

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