Shari'ah Board

Prof. Mufti Munib-Ur-Rehman

Chairman Shari’ah Board

Prof. Mufti Munib-ur-Rehman, working with MCB Islamic Bank since September 2015, is a renowned Sharīʻah scholar with a vast 52 years’ teaching and 37 years’ fatāwá issuance experience. He remained the member of Sharīʻah Advisory Board of Securities and Exchange Commission of Pakistan (SECP) for three terms and the member of the Council of Islamic Ideology Pakistan (CIIP), he rendered voluntary services for the country since 2001 to 2020 as Chairman Central Moon Sighting Committee Pakistan. He served as a Director of Islamic Studies, Hong Kong in 1985. He is the president of Tanzeem-ul-Madaris Ahle Sunnat Pakistan & Secretary General of Ittihad-e-Tanzeemat-e-Madaris Pakistan. He participated in international seminars in Saudi Arabia, UK, Norway, USA, Canada, Kazakhstan, Turkey and other Countries.

Government of Pakistan bestowed the prestigious Sitara-e-Imtiaz to him in 2024, in recognition of his services for the country and Muslim Ummah. He remained member of the Board of Studies of University of Karachi, Federal Urdu University & Board of Intermediate Karachi. He remained member of the syndicate of University of Karachi & PMAS Arid University, Rawalpindi. He is the member of National Curriculum Pakistan & National Education Task Force. He was Sharīʻah Adviser of Federal Shariat Court Pakistan. The 13 Volumes of his fatāwá have already published and have vast acceptability amongst Ulama. He is the Principal & Managing Trustee of Jamia Naeemia Karachi. He is a Chairman Sharīʻah Advisory Committee of Dawood Family Takaful Ltd and remained Chairman Sharīʻah Board of Burj Bank Ltd. for more than a decade.

Mufti Syed Sabir Hussain

Resident Shari’ah Board Member/ Head-Shari’ah Compliance Department
Email: [email protected]  Contact Number: +92 321 2880864 

Mufti Syed Sabir Hussain, working with MCB Islamic Bank Ltd. since September 2015, is a prominent Sharīʻah Scholar and experienced Islamic Banker with 25 years of teaching, 18 years of Fatāwá and Islamic banking experience. He holds Shahadat-Al-Alimiyah & Takhassus-Fil-Fiqh, M.A Islamic Studies, M.Phil. in Islamic Banking & Finance and M.S (I.T) degrees. He is enrolled in PhD. in Islamic Banking and Finance from International Islamic University, Islamabad and his thesis is in foreign evaluation process.

He is ex-member of Sharīʻah Advisory Board of SECP, Member of the Committee on Accounting and Auditing Standards of ICAP, invitee participant of Sharīʻah Advisory Committee of State Bank of Pakistan and Member of several committees constituted by SBP on AAOIFI Sharīʻah standards. He is also the member of working group “Fast Track adoption of International Standards constituted under the Committee for Transformation of Conventional Banking into Islamic. Further, he was member of review committee for Urdu translation of AAOIFI Sharīʻah standards. He is author of 34 books on Islamic economics & banking and other social issues. Additionally, his research articles have been published in various HEC recognized journals. He also delivers lectures at various Dar-ul-Ulooms and universities, especially at the National Institute of Banking and Finance (NIBAF). .

Mufti Nadeem Iqbal

Shari’ah Board Member

Mufti Nadeem Iqbal is the Sharīʻah Board Member at MCB Islamic Bank since October, 2018. He is a senior teacher and Mufti at Dar-ul-Uloom Amjadia, Karachi and currently heading Dar-ul-Ifta. He has 33 years’ experience of teaching Islamic Jurisprudence and 21 years’ experience of issuing Fatāwá. He has 19 years’ experience in Islamic Banking. He holds Master’s Degree in Islamic Studies from University of Karachi, Takhusus-Fil-Fiqh from Dar-ul-Uloom Amjadia, Karachi, Fazil Dars-e-Nizami, and Fazil Shahadat-Al-Alimiyah. He gave his services as Resident Sharīʻah Board Member/Sharīʻah Advisor at Soneri Bank’s Islamic Banking Division for 13 years. He has served as visiting faculty member at Sheikh Zayed Islamic Centre, University of Karachi and Hamdard University, Karachi. He is a writer of several books including Islamic Jurisprudence..


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