Winner of Islamic Economy Knowledge Infrastructure Award
Global Islamic Economy Summit
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THANK YOU.

Amanie Advisors would like to extend our sincerest gratitude to all of the participants who helped make our Shariah Minds Forum a success. Click here for our image gallery...
Amanie Advisors is proud to announce...

The arrival of Dr. Mohd Daud Bakar's latest book, Emirates Airline Sukuk, which takes a critical look at the factors which influenced this Sukuk's incredible success and how the industry can move forward.
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Amanie Advisors LLC, won the coveted Islamic Economy Award category for best Islamic Economy Knowledge Infrastructure at the Global Islamic Economy Summit (GIES) 2015. The Founder and Chairman of Amanie Advisors, Dr Mohd Daud Bakar received the award from His Highness Sheikh Mohammed bin Rashid Al Maktoum at the prestigious event in Dubai. The annual Award recognizes innovative world-class business initiatives and ideas that have contributed to the social and economic welfare of the Muslim population. The Islamic Economy Knowledge Infrastructure is one of eight category under this award.
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OUR AWARDS
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WE ARE THE SHARIAH MINDS
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Please enter your name and email address below and receive a complimentary chapter and the table of contents of Shariah scholar, Dr Daud Bakar's renowned book "Shariah Minds in Islamic Finance"

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Amanie Advisors is a leading Shariah advisory firm specializing in Islamic finance solutions covering a wide range of services including Shariah advisory and consultancy, training and research & develop¬ment for institutional and corporate clientele focusing on Islamic financial services.

Guided by its international Shariah Supervisory Board, Amanie provides end-to-end Shariah solutions to the client through its global offices.

Our best-fit solutions are measured against high-level fiduciary standards. Islamic capital markets, retail/wholesale banking, project finance and asset management are the key areas of Amanie’s strength, and as an advisory firm we continually break new ground in advising clients on strategic transactions, and in pioneering the global expansion of Islamic finance.
OUR CREDENTIALS
The Amanie team of consultants have extensive experience from diverse and specialized disciplines ranging from Shariah, investment banking, legal, economics, accounting, risk, corporate finance, and strategic planning. Together we have successfully implemented the following projects:
- A Cayman-domiciled Islamic fund offering short-term financing through Murabahah contracts, where the fund buys and sells merchandise on behalf of the company and shares a portion of the profits. The fund caters to small Asian manufacturers.

- Several Luxembourg-domiciled funds that invest in Shariah-compliant equity and equity-related securities including common stocks of companies located anywhere in the world, including Emerging Markets. The funds also invest in American, European and Global Depository Receipts.
- The development of a Shariah equivalent of a gold futures product by Amanie for a member of the Dubai Gold & Commodities Exchange is the first in the world.

- A Jersey based trust certificate issuance programme that offers a platform for each issuer to issue a wide range of trust certificates offering various types of returns.
- The first ringgit-denominated sustainable and responsible investment (SRI) sukuk to raise funds for its trust schools programme.

- The largest sukuk programme issued by a European corporate to date.

- The first corporate Sukuk issued in Oman.
- Established the Islamic banking window of a multi-national bank and commodity dealer/broker based in Singapore.

- Converted a large US conventional asset management company into an Islamic asset management company.
- Pioneered the first Shariah Standard on gold, a landmark initiative which sees the first extensive collaboration between a Shariah standard setting body and a market development authority.

- Assisted in the development of a centralised establishment of Islamic finance in a middle-east country.
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THE WORLD OF SHARIAH MINDS
Our global presence is perfectly positioned to offer international perspective and global best practices to clients around the world.
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AMANIE SHARIAH SUPERVISORY BOARD
Anchoring Amanie Advisors’ work is the Amanie Shariah Supervisory Board (“SSB”) comprising of four globally renowned Shariah scholars. The Amanie SSB lends credibility and guidance to the team.
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DR. MOHAMED ALI ELGARI
CHAIRMAN
DR. MOHD DAUD BAKAR
EXECUTIVE MEMBER
DR. MUHAMMAD AMIN ALI QATTAN
MEMBER
DR. OSAMA AL DEREAI
MEMBER
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COLLECTIVE EXPERTISE
The Amanie Advisors' team of experts have extensive experience from diverse and specialized disciplines ranging from Shariah, investment banking, legal, economics, accounting, risk, corporate finance, and strategic planning.
Dr. Mohd Daud Bakar on "Shariah Scholars and Shariah Boards"
Maya Marissa Malek on "Shariah Standard on Gold"
Idris Mojaddidi on "Aqd or Contracts in Islamic Finance"
Nurul Farhan Osman on "Shariah Compliance"
Mohd Zikri Mohd Shairy on "Shariah Compliance in the Banking Industry"
Nur Izzaatirah Rosli on "Shariah Compliant Funds"
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GLOBAL OFFICE
Maya Marissa Malek
Executive Director,
Global Shariah Advisory
Chief Executive Officer,
Amanie Advisors Global Office
Syaril Ahmad Tajuddin
Chief Financial Officer,
Amanie Advisors Global Office
Aiman Aizuddin
Associate Director
Global Shariah Advisory
Amanie Advisors Global Office
Idris Mojaddidi
Senior Associate
Global Shariah Advisory
Amanie Advisors Global Office
Wan Nor Hafizi Wan Abdul Halim
Senior Associate
Global Shariah Advisory
Amanie Advisors Global Office
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Azerizan Johari
Associate
Global Shariah Advisory
Amanie Advisors Global Office
HEAD OFFICE
Mohd Zikri Mohd Shairy
Chief Executive Officer,
Head Office
South East Asia
Ainul Azura Zakiyudin
Chief Operating Officer
Head Office
South East Asia
Amran Ibrahim
Consultant
Head Office
South East Asia
Nurul Farhan Osman
Associate Shariah Advisory
Head Office
South East Asia
Nur Izzaatirah Rosli
Associate Shariah Advisory
Head Office
South East Asia
EUROPE OFFICE
Benjamin Clarehugh
Director Global Shariah Advisory
Europe Office
KAZAKHSTAN OFFICE
Edige Alpysbay
Managing Director
Kazakhstan Office
Olzhas Togayev
Executive Director
Kazakhstan Office
Nazerke Seitkaziyeva
Associate Consultant
Kazakhstan Office
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DIVERSE BUSINESS NETWORK
Amanie is perfectly positioned between the supply and demand side of the Islamic finance industry. This placement allows Amanie to not only transact on globally available opportunities but to also bring more players to the discussion and further the needs of all stakeholders in the Islamic finance space.

SUPPLY
SUKUK ISSUERS
PRIVATE EQUITY
FUND MANAGERS
INVESTMENT BANKERS
ISLAMIC BANKS
PRODUCT OWNERS
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DEMAND
QUASI GOVERNMENT INVESTMENT BODIES
TAKAFUL OPERATORS
HIGH NETWORTH INDIVIDUALS
PENSION FUNDS
CONVENTIONAL BANKS
SOVEREIGN WEALTH FUNDS

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SHARIAH SOLUTIONS
Amanie provides end-to-end Shariah solutions for both financial and non-financial clientele. Our best-fit and cutting-edge solutions developed and delivered direct to Amanie’s clients are measured against high-level industry-wide fiduciary and governance standards. Amanie’s core services cover the whole spectrum of Islamic finance and involve consultancy work in various areas including the following key areas:
Amanie develops the solution for any particular arising problem from the market. Amanie will engage with new entities and be briefed on their idea in producing a Shariah-compliant product or new initiative. Amanie’s first question will always be, “What is the economic effect you are looking to achieve?” and we will work backwards from there. Amanie will then, using the expertise of its well-diversified consultants and consulted by its SSB members, structure a Shariah-compliant solution to the product or new initiative where feasible. These will be based on global international standards to ensure that it will be widely acceptable by worldwide countries across the regions. Sometimes it is not possible to mirror the desired economic effect in a Shariah compliant manner and we feel that a quick no is best in these situations.
Amanie Advisors offers a total Shariah outsourcing solution through its specialised Shariah advisory team from various technical backgrounds, guided by the Amanie Shariah Supervisory Board comprised of globally renowned Shariah scholars. This Shariah outsourcing solution ensures accelerated Shariah capabilities within an institution, enabling efficient and speedy time to market, lower capital outlay and fast recognition in the industry.
Amanie works closely with its clients to design and conceptualise a specific financial product which is relevant to the client’s needs, without compromising on Shariah compliance. Amanie prides itself on our ability to arrive at both simple and complex Shariah solutions that provide the precise intended commercial effects our clients need. We have an extensive track record of successfully implemented products across all areas of Islamic finance. Amanie also has wide-ranging expertise on the operational issues, such as those related to legal, risk, accounting & IT aspects of the overall product development process.
In addition to the continuous Shariah supervisory and monitoring services, Amanie undertakes annual Shariah review and audit exercise for the purpose of issuing annual certification on Shariah compliance either at product level or entity level, in line with industry best practices. With its tried and tested Shariah audit methodology, the Shariah audit process not only provides Shariah credibility but also enhances existing practices towards better and more efficient Shariah operationalisation.
Amanie helps its clients establish a proper and sound governance framework designed to support their capabilities within Islamic finance. A robust and comprehensive Shariah Governance Framework allows institutions to offer Shariah-compliant products and services without having to worry about potential Shariah issues arising unexpectedly. The framework and relevant policy documents that follow – drafted by a team with a wealth of expertise in the field – detail all the relevant internal authorities, structures and processes to ensure efficient day-to-day business is conducted in a Shariah-compliant manner.
Amanie Advisors has the requisite expertise for the conversion of a conventional product/activity into a Shariah compliant product/activity while maintaining equivalent economic benefits, where possible. The process includes, among others, mapping a conversion strategy, staff reorientation, process re-engineering
Amanie is a premier provider of Islamic finance talent development programs. We offer high quality educational courses, public workshops and structured in-house training. These programs are designed to provide a comprehensive understanding of various areas of Islamic banking and finance. Our training programs cover the most pressing conceptual and operational issues, along with a heavy dose of practical knowledge by incorporating real-world case studies, exercises, and group work.

Amanie also provides module development services for universities and professional certification bodies. Some of our recent work includes development of modules for CIMA Advanced Diploma in Islamic Finance (CADIF) the CIMA Diploma in Islamic Finance (CDIF) and INCEIF Chartered Islamic Finance Professional qualification.
Amanie undertakes the certain best fit activities and environmental assessments including an assessment of the existing IT environment and a gap analysis against a set of Shariah parameters and international best practices. Subsequently we support the design, management, and evaluation of the processes related to core banking and product systems, ensuring alignment to Shariah parameters as well as business and technology requirements.
Amanie’s team of specialists may assist companies to make informed and empowered market entry, investment, reorganisation, and formation of new entity decisions for Islamic related projects or institutions. Samples of projects that we can deliver are spin-off of Islamic banking window/subsidiary, setting up of a takaful company, formation of a zakat institution, creation of a specialised waqf fund/corporation, building of a pilgrimage administration body, development of an Islamic securitisation house and structuring of an Islamic investment fund, amongst others.
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AMANIE ADVISORS LLC
GLOBAL OFFICE

Unit 1304, Tower II
Al Fattan Currency House
Dubai International Financial Centre
PO BOX 506837, Dubai
United Arab Emirates
Tel: +971 43888576

AMANIE ADVISORS Sdn Bhd
HEAD OFFICE

Level 33, Menara Binjai
No. 2, Jalan Binjai
Off Jalan Ampang
50450 Kuala Lumpur
Tel : +603 2181 8228 
AMANIE ADVISORS CIS LLC
KAZAKHSTAN OFFICE

Office 1701, 29/1
Konayev Str.
Z05H9D8 Astana
Republic of Kazakhstan
Tel: +7 778 001 0021
edige@amanieadvisors.com

AMANIE ADVISORS
EUROPE REPRESENTATIVE

5 Hunter's Court
Hunter's Way
Leeds LS15 0LB
United Kingdom
Tel: +44 749 645 6915
benjamin@amanieadvisors.com

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