Shariah Representative Service
Your external Shariah advisory board
What we do
We serve as your bank's external Shariah advisory board. We are your named Shariah advisor for regulators, stakeholders, and public-facing materials. Retainer-based with minimal ongoing work from your side.
Shariah Representative Service
Recurring Retainer
What's included
Official AdvisorBe listed as your official Shariah advisor
Regulatory ReviewReview regulatory filings for Shariah accuracy
Public MaterialsReview public materials before release
Board AttendanceAttend board meetings as Shariah representative
Annual StatementProvide annual Shariah compliance statement
Advisory OnlyWe advise on Shariah matters. You make business decisions.
Why you need it
Having a named Shariah advisor builds credibility with customers and regulators
Independent Shariah representation is increasingly expected by stakeholders
We provide objective oversight without the cost of a full internal Shariah board
Annual compliance statements demonstrate your commitment to Shariah governance
How it works
1
Contact Us
Discuss your Shariah representation needs
2
Agree Terms
Sign retainer agreement and scope
3
Onboarding
We review your existing products and materials
4
Ongoing Service
Regular reviews, meetings, and annual statement
Common questions
What does the Shariah representative actually do?
We are listed as your official Shariah advisor. We review regulatory filings and public materials, attend board meetings as needed, and provide an annual Shariah compliance statement. It is a retainer service with defined scope.
How is this different from hiring a full Shariah board?
A full Shariah board typically involves 3 to 5 scholars meeting quarterly. Our service gives you a named Shariah advisor at a fraction of the cost. For many institutions in Hong Kong, this is the right level of support.
Can you act as Shariah representative for multiple banks?
Yes. As an independent advisory firm, we can represent multiple institutions. Each engagement is confidential and we maintain strict information barriers.
Ready to get started?
Contact us and we'll discuss how we can help your institution.