Shariah Advisor

Popular Islamic Modaraba has appointed Mufti Mohammad Ibrahim Essa as Shariah Advisor who checks the financing proposals according to the Injunctions of Quran and Sunnah. Only those proposals which qualify the said Injunctions are approved the Shariah Advisor for financing. The type of Business must be Halal, and the modality of financing be according to Shariah Principles e.g., no speculative business is allowed under Islamic Financing.