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Dubai Islamic Bank Pakistan (DIBPL) has appointed Mufti Muhammad Hassaan Kaleem as the Bank's new country head of Shari'a. Mufti Hassaan has also been appointed a member of the bank's Shari'a Board by the Board of Directors of DIBPL, subject to approval of State Bank of Pakistan.
Mufti Hassaan has vast experience in matters of Shari'a teachings and advisory and has been teaching various courses in Islamic Studies and Arabic at Darl-ul-Uloom Karachi for the last 17 years. He is a member of Dar-ul-Ifta, Jamia Darul-ul-Uloom Karachi, Chairman Shari'a Board of Securities & Exchange Commission of Pakistan (SECP), Shari'a Board Member of Pak Kuwait Takaful Company Ltd, Shari'a Board Member of Pak Qatar Family Takaful, Shari'a Consultant for Deloitte (Global Islamic Finance Team) and Shari'a council member of Al-Ameen UBL Funds
In addition, Mufti Hassaan is a Shari'a board member of Hanover ReTakaful Bahrain, Shari'a Board Member of Takaful Emirate UAE, Shari'a board member of Amana Bank Limited Sri Lanka, permanent faculty member of Center for Islamic Economics Karachi, trainer of Shari'a standards at Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) Bahrain and visiting faculty member of National Institute of Banking and Finance (State Bank of Pakistan).
DIBPL is a subsidiary of Dubai Islamic Bank UAE, the world's first Islamic Bank. DIBPL has an endeavour to provide innovative financial products and services to its customer to experience world class banking. The bank has 157 locations (128 branches and 29 branchless booths) in 40 cities and a customer base of over 150,000. The bank enjoys a short-term credit rating of 'A-1' and long-term credit rating of 'A', indicating the bank's robust position in the industry. The bank continues to reaffirm its commitment to Pakistan with new branches and absolutely Halal & Shari'a compliant new products and services.-PR

Copyright Business Recorder, 2014

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