SHARI'AH SUPERVISORY BOARD

The Shariah Supervisory Board directs, reviews and supervises the activities of AHL’s Islamic subsidiary, AHT.

Responsibilities:
  • Guide, monitor and supervise the activities of the company to ensure compliance with Islamic principles.
  • Review and approve compliant individual and corporate products.
  • Review and approve compliant member and shareholder investments.
Shari'ah Supervisory Board:
Professor.Dr. Abdulaziz Al-Qassar - Chairman

Occupation: He is the Director of the Department of Arabic & Islamic Studies at the College of Arts at the University of Kuwait. He is an Assistant Professor and holds a Ph.D. in Shari’ah and Law from El Azhar University in Cairo, Egypt.

Shari’ah Board Membership: He is a member the Shari’ah Board for the First Co. for Investment in Kuwait, a member of the Shari’ah Board for the Kuwaiti Real Estate Bank in Kuwait, a member of the Shari’ah Board for the Kuwait Ministry of Awqaf & Islamic Affairs, a member of the Shari’ah Board for the Ahli United Bank Group for Al Hilal Islamic Banking Services, the chairman of the Shari’ah Board for Bank London & Middle East in the UK and the chairman of the Shari’ah Board for Al-Safat Co. for Investment in Kuwait.

Professor. Dr. Ali Ibrahim Eissa Alrashed - Member

Occupation: Professor at the Department of Comparative Jurisprudence and Shari’a Politics – Faculty of Sharia, Kuwait University.

Academic qualification: Graduated with honors in 1996 from the College of Shari’a and Islamic Studies – Kuwait University with a B.S. in jurisprudence & its origins, Obtained in 2001 a master’s degree in Shari’a with a thesis entitled: Transformation in Contracts, and a Ph.D. in 2005 from Cairo University with a thesis entitled: The delay in Islamic jurisprudence, a comparative jurisprudential study.


Experience: Dr. Ali Alrashed is currently a Professor of Jurisprudence at the Department of Comparative Jurisprudence and Shari’a Politics – Faculty of Shari’a, Kuwait University. He is a member of the Shari’a Supervisory Board of Boubyan Bank from 2013 to date, a member of the Shari’a Supervisory Board of Ahli United Bank (Kuwait) from 2017 to date, a member of the Shari’a Supervisory Board of Warba Bank from 2018 to date as well as a member of the Shari’a Supervisory Board of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) from 2010 to date.

Publications: He has published various works which includes books and several research papers that tackles various types of Islamic Finance, Islamic Fiqh, Zakah and Islamic Economy.

Dr. Fareed Mohammed Hadi - Member

Occupation: He is a Director at the Department of Arabic & Islamic Studies at the College of Arts at the University of Bahrain. He is an Assistant Professor and holds a Ph.D.

Academic qualification: He studied at the Imam Muhammad Ibn Saud Islamic University in the Kingdom of Saudi Arabia and obtained an MA degree. He obtained a Ph.D. from the University of Edinburgh in 1999 and obtained a Ph.D. from the University of King Muhammad the 5th in Morocco in 2002.

Shari’ah Board Membership: He is an executive member of GFH Investment in the Kingdom of Bahrain, an executive member of Khaleeji Commercial Bank in the Kingdom of Bahrain and a member of the Shari’ah Board of Ahli United Bank Group for Al Hilal Islamic Banking.