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Baashir Advisory Group · Institutional desk

Shariah representative services

Named independent advisor — without the overhead of a full supervisory board

CapacityExternal Shariah advisor
ModelAnnual retainer
ConflictsIndependent advisor
LicenceNot SFC-regulated

Many institutions — particularly in Hong Kong and cross-border desks — need a credible, named Shariah voice for stakeholders without staffing a three-scholar supervisory board. We act in an advisory representative capacity: reviewing materials, attending nominated meetings, and issuing periodic written statements on Shariah matters within an agreed mandate.

We are not your Shariah Supervisory Board in the regulatory sense unless your governance documents explicitly appoint us as such under your own legal framework. We do not make binding fatwas on behalf of depositors or investors, and we do not accept regulatory liability for your licensed activities.

Regulatory & filing support

Review Shariah-related sections of licence applications, periodic returns, and regulator correspondence for consistency with your approved opinions — you submit; we advise on wording.

Public-facing materials

Annual reports, website copy, investor presentations, and Sukuk offering summaries — checked for Shariah accuracy before you publish.

Board & committee attendance

Attend Shariah committee or board sessions as external advisor (in person or remote), within an agreed annual allocation of sessions.

Stakeholder enquiries

Support management responses to investor, rating-agency, or partner questions on Shariah structure — draft comments for your approval.

Annual Shariah statement

Written advisory statement on the Shariah compliance framework for the period — suitable for internal governance; not a substitute for audited financial statements.

Escalation channel

Priority access for urgent Shariah questions arising between scheduled reviews, subject to retainer terms.

Typical retainer rhythm

Quarterly touchpoints · pre-agreed meeting quota · annual written statement · ad-hoc material reviews within scope

Can you be named on our website as Shariah advisor?
Yes, where our engagement letter permits it and your legal team approves the disclosure. We will not imply SFC authorisation or deposit insurance we do not hold.
Do you represent multiple institutions?
We may advise multiple clients as an independent firm. Information barriers and conflict checks apply; we disclose any material conflicts before acceptance.
Is this the same as a Shariah audit?
No. We provide governance-oriented advisory and review. External audit and regulatory examination remain separate functions performed by your auditors and regulators.
Engagement
Retainer letter defines scope, meeting quota, response times, and fees.