Shariah Advisory & Consultancy Services
Institutional Shariah Advisor
Act as corporate Shariah Advisor on retainer basis in order to advise on Shariah matters involving the operationalisation of existing Shariah compliant offerings.
Structuring & Certification
Provide tailor-made structuring and certification services for financial products, capital market instruments, cooperative business, micro-credit facilities.
Conversion of Products
Convert conventional products and services into Shariah-compliant offerings in line with applicable Shariah standards and to guide on end-to-end Shariah compliance processes.
Shariah Governance
Develop and enhance Shariah governance frameworks, policies, and procedures in order to strengthen oversight on Shariah compliance and risk management.
Review & Assurance
Provide Shariah compliance and governance reviews and assurance to ensure robust adherence to Shariah requirements and effective reporting and disclosure.
Regulatory Policy Development
Establish rules and regulations, policy and framework to develop, facilitate and supervise Islamic financial sectors, in line with industry standards and best practices.
Experience & Capability
Diverse Range of Clients & Business
Advised among others, unit trust funds, private equity funds, IT-based business, cooperative business, leasing business, interest scheme operators, education savings and financing scheme, mortgage finance business, development finance and consumer credit business.
Local and International Presence
Consulted with clients, including regulatory agencies on Shariah and Islamic finance matters.
Leading Market Share
Advised approximately 50% of market share of listed Shariah-compliant REIT funds and approximately 30% of market share of Islamic unit trust funds .
Conversion of Fund
Advised first conversion of a conventional REIT fund into Islamic REIT fund in Malaysia.
Waqf-linked Fund
Advised among others, unit trust funds, private equity funds, IT-based business, cooperative business, leasing business, interest scheme operators, education savings and financing scheme, mortgage finance business, development finance and consumer credit business.
Setting Up an Islamic Banking Window
Advised a conventional financial institution in setting up an Islamic banking window business.
Shariah Compliance Review
Conducted ex-post Shariah compliance review on implementation and execution of Islamic products and services.
Panel of Subject Matter Experts
IBFIM’s in-house consultants are supported by Panel of Subject Matter Experts, which consists of senior Shariah scholars, industry experts, academicians and former regulatory experts, to meet the needs of all clients and stakeholders.