Shariah Committee


Shariah Committee Chairman

Dr. Aznan Hasan was appointed as Chairman of the Shariah Committee of BPMB on 1 April 2017. He holds a Bachelor Degree in Shariah from University of Al-Azhar, Egypt. He then successfully completed his Master Degree in Shariah from Cairo University, Egypt with distinction. He later obtained his Ph.D from University of Wales, Lampeter, United Kingdom.

Dr. Aznan is currently a Professor at the IIUM Institute of Islamic Banking and Finance, International Islamic University of Malaysia. He teaches post-graduate level students and specializes in the subjects of Shariah such as Islamic commercial law, Islamic legal maxim and other related areas of Islamic banking and finance.

Dr. Aznan is a renowned Shariah scholar locally as well as at the international arena in the field of Islamic finance. He has an extensive experience and involvement in Shariah advisory for approximately 15 years, where he has served as a Shariah advisor and consultant to various financial institutions, corporates entities, government agencies and regulatory authorities. He was involved in advising and approving various Islamic financial products in the banking, capital market and takaful industries. He has also conducted and published more than 40 researches and presented more than 100 presentations on Shariah and Islamic finance world-wide.

Currently, Dr. Aznan serves as the President of the Association of Shariah Advisors in Islamic Finance. He is also the Deputy Chairman of Shariah Advisory Council of the Securities Commission Malaysia and the Chairman of the Shariah Committee of Maybank Islamic Berhad.


Shariah Committee Member

Dr. Ahmad Basri Ibrahim was appointed as a Member of the Shariah Committee of BPMB on 1 April 2017. He holds a Bachelor in Islamic Jurisprudence and Legislation from the University of Jordan, Jordan. He also holds a Master Degree in Islamic Revealed Knowledge and Heritage from the International Islamic University Malaysia and a Ph.D in Islamic Law from the University of Birmingham, United Kingdom.

Dr. Ahmad Basri is currently Head of Islamic Project at Permodalan Nasional Berhad (PNB). He leads and oversees a team which is in-charge of Shariah matters in unit trust funds management. Prior to this, he was an Associate Professor at the Department of Fiqh and Usul Al-Fiqh at the Kulliyyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University Malaysia. He used to teach subjects of Shariah such as Usul Al-Fiqh, Islamic criminal law, introduction to Fiqh and his research areas of interest includes Islamic law of transactions, Islamic political system and Islamic legal maxims.

Dr. Ahmad Basri has wide experience in Shariah advisory as he has previously served as chairman and member of Shariah Committee of a number of Islamic financial institutions in Islamic banking and takaful industries. He also conducted researches and published articles, book chapters as well as invited to present papers and training on Shariah and Islamic finance in conferences.

Currently, Dr. Ahmad Basri is a member of Association of Shariah Advisors in Islamic Finance.


Shariah Committee Member

Ustaz Mohd Fadhly Md Yusoff was appointed as a Member of the Shariah Committee of BPMB on 1 April 2017. He holds a Bachelor Degree in Shariah (First Class) from the University of Malaya, Malaysia.

Ustaz Mohd Fadhly currently runs his own business and is also an independent Shariah advisor and consultant. Prior to this, he was previously a manager with the Islamic Capital Market Department in Securities Commission Malaysia where he had served for 12 years. He was responsible in managing, supervising and monitoring Shariah compliance requirements of Islamic product structures in relation to submissions for issuance of Sukuk, structured products, collective investments and Islamic real estate investment trusts. He was also in-charge of research and development activities in relation to Islamic capital market products and outlined the criteria and manuals for Islamic securities. Besides, he was also involved in reviewing and providing technical inputs for preparation of Islamic capital market guidelines.

Ustaz Mohd Fadhly was appointed as a consultant for the Islamic Capital Market Department after he left the Securities Commission. He was also appointed as Shariah advisor and consultant by a number of educational, non-governmental organisations and financial institutions. On capacity building front, he is involved in reviewing Shariah and Islamic finance curriculum and syllabus for human capital development and training providers. He is also an accredited trainer for Islamic Finance Qualification by Chartered Institute for Securities and Investment.

Currently, Ustaz Mohd Fadhly is a member of Association of Shariah Advisors in Islamic Finance. He is also a member of Shariah Committee of RHB Islamic Bank Berhad and Sun Life Takaful Berhad.


Shariah Committee Member

Professor Dr. Zurina Shafii was appointed as a Member of the Shariah Committee of BPMB on 1 April 2021. She holds a Bachelor in Accountancy from University Technology MARA Malaysia, MSC Finance from Durham University, United Kingdom and PhD. In Islamic Finance, also from Durham University, United Kingdom.

She is the president of Association of Islamic Financial and Wealth Management (AIFIWM), a non-governmental organisation championing the issues of Islamic wealth management. She is too a member of Shariah Committee (SC) for Standard Chartered Saadiq Malaysia and Khadijah International Waqf Foundation (Labuan), advising and monitoring the Shariah operational aspects of the institutions. She sat on the Shariah Committee of MBSB Bank for 4 years, having had the opportunity to advise the bank for its full conversion process initiated in 2017. Starting January 2021, she holds the responsibility to lead as the Director of Centre of Waqf and Zakat of Universiti Sains Islam Malaysia, leading, strategizing and fundraising zakat and waqf for the Centre.

She and her team members are the founders of MIG consultancy that provides training, adopting immersive educational tool, a board game for Islamic finance education. The innovation is called Muamalat Interactive Game (MIG). The invention won many awards, conferred by PECIPTA, ITEX and IENA in Germany. The board games are used in trainings in a number of Islamic banks, zakat institutions, universities, schools and NGOs.

Her expertise in Islamic finance led her the responsibility as an external expert panel for Finance Accreditation Agency (FAA) and A SME for IBFIM on Shariah audit, heading the project of making the Certified Professional Shariah Auditor to the market in December 2019. Her engagement with the all functions of Shariah governance; Shariah risk managers, Shariah reviewers and Shariah auditors as the main trainer for Module 5: Shariah Audit Planning and Program and Module 4: Shariah Risk Management provided the avenues to engage on Islamic banking and takaful issues of the day.

She was appointed as a visiting research fellow in Durham University Business School (Durham University, UK), Islamic Research Training Institute (IRTI) of Islamic Development Bank (IDB) and Global Islamic Finance Development Centre, a research centre for World Bank based in Istanbul in 2014-2015. In 2018, she was in ASAFAS Kyoto University, as Visiting Research Scholar.