The Syariah Advisory Committee (SAC) was formed in October 2000 with the mandate given by the Board of Directors of Standard Chartered Bank Malaysia Berhad to oversee the bank's Islamic banking business and ensure we comply with the strict requirements of Syariah Law.
The committee is made up of distinguished academicians from prominent universities in Malaysia and independent consultants who are experts in Syariah. The committee meets regularly to:
- Discuss the development of new Islamic banking products
- Review the various procedures and practices related to the Islamic banking business
Associate Professor Dr Zurina Binti Shafii
Dr. Zurina Binti Shafii is an Associate Professor in Islamic finance at the Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia (USIM) and a research fellow at USIM’s Islamic Finance and Wealth Management Institute (IFWMI). Her areas of expertise include Shariah Compliance Audit, Islamic Wealth Management, Islamic Accounting and Halal Management.
She received her first degree in Accounting from Universiti Teknologi Mara (UiTM) and later obtained her Master’s Degree and PhD both in Islamic Finance from Durham University, United Kingdom.
She was awarded ACCA Professional Level Certificate and a Certified Islamic Financial Planner. She authored Islamic finance related books in areas of Islamic financial planning titled “Islamic Accounting and Halal Governance” published by IBFIM and two books titled “Governance and Shariah Audit in Islamic Financial Institution” and “State of Islamic Finance: A Retrospective Assessment and Looking Forward” published by Penerbit USIM.
Dr. Hikmatullah Babu Sahib
Dr. Hikmatullah Babu Sahib is currently serving in the Kulliyyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University Malaysia (IIUM) as an Assistant Professor. He obtained his Ph.D in Islamic Jurisprudence from the University of Edinburgh, Scotland in 1995. He earlier obtained his BA and MA in Islamic Studies from the University of Peshawar, Pakistan in 1989 and 1992 respectively. He completed his postdoctoral research fellowship in Islamic Metaphysics at Yale University (USA) in 2001.
Dr. Hikmatullah is a Singaporean and has served as a Syariah Adviser to a good number of organizations in Singapore before moving here to take up the post in IIUM. Dr. Hikmatullah was born in 1963.
Dr. Wan Azhar bin Wan Ahmad
Dr. Wan Azhar is currently the Director of Centre for Study of Syariah, Law and Politics, IKIM. He is currently an Alternate Member, Committee for the Promotion of Understanding and Harmony among Religious Adherents (under the Prime Minister's Department) and a Panel Assessor (Syariah) of the Malaysian Qualifications Agency (MQA).
Dr Wan Azhar studied law at the International Islamic University Malaysia (IIUM) and obtained his LL.B. in 1992. He received his M.A. (in Islamic Law) in 1996 from the International Institute of Islamic Thought and Civilization (ISTAC) and was conferred his Ph.D. (in theology and law) ten years later by the same Institute in 2006.
He actively write books and articles for magazines. Since 2006 he has been contributing on a monthly basis as a columnist for a local daily, The Star, on various legal related issues. He also delivers lectures, as speaker or panelist and he regularly appears on IKIM's radio channel, IKIMfm, and TV programmes. Dr. Wan Azhar was born in 1969 and is from Kota Bharu, Kelantan.
Mufti Muhammad Abdul Mubeen
Mufti Muhammad Abdul Mubeen is the Head of Shariah Department for Group Islamic Banking function of Standard Chartered Bank and Shariah Board Member/Shariah Advisor for Standard Chartered Bank (Pakistan) Limited for the past 10 years. He obtained Shahadat ul Alamiyyah from Jamiat ul Uloom il Islamiyyah, Allamah Binnori Town Karachi, Pakistan. He has done his Takhassus fil Ifta from Jamiah Darul- Uloom Karachi, Pakistan
MuftiMuhammad Abdul Mubeen received his Master of Commercial Law from The University of Melbourne, Australia and LLB (Hons) Shariah & Law from International Islamic University, Islamabad.
He is also member of Shariah Advisors Forum (Forum Established by State Bank of Pakistan) and has participated in preparing & issuing Shariah Standards for Islamic Banking Industry in Pakistan.
Ustaz Abdul Latif bin Ahmad Subki
Abdul Latif @ Rahbar Bin Ahmad Subki is currently with the Ma'ahadul Ulum Al-Islamiyyah, a private Islamic school in Sungai Buloh Selangor. He studied Advanced Islamic Studies covering the subjects of Syariah, Usuluddin, Tafsir, Hadith and Arabic Literatures in the Darul Uloom Zakariyya in Johannesburg, South Africa in 2000-2006. He obtained his Syahadah 'Alimiyyah from the same institute. Upon his return from South Africa, he has been giving religious lectures at a number of mosques in KL, Shah Alam and Kuala Terengganu.
Abdul Latif was born in Kuala Lumpur in 1982 and is the youngest amongst the Syariah Advisers selected to the Syariah Advisory Committee. His appointment reflects the determination by Standard Chartered Saadiq Syariah Advisory Committee to groom qualified young talent to be leading Syariah Scholar.