Special Premiere to University Islamic Financial:
Click here to read the FATWA from the FIQH COUNCIL OF NORTH AMERICA on Islamic Home Financing. (October 4, 2006)

 
Fatawa

SHAPE Financial Corporation: Headquartered in Falls Church, Virginia, SHAPE Financial Corp.. (“SHAPE™) is a leading knowledge resource for Islamic banking & finance. A member of Alshaya Group International, SHAPE™ has offices, through Alshaya Group International in Kuwait and Jordan serving global markets.

MALT Home Finance Fatawa:

  1. Ijara Program Fatwa
  2. Murabaha Program Fatwa

SHAPE Deposit :

  1. SHAPE Profit Sharing Deposit Fatwa

SHAPE Sharia Board

Sh. Yusuf DeLorenzo

Shaykh DeLorenzo is the lead member of the SHAPE™ Financial Corp. Ethical Advisory Committee. He also serves on the Sharia'a supervisory boards of several Islamic financial institutions in the United States and abroad including Dow Jones Indexes, Yasaar Ltd, iHilal.com and Wafra Investment Advisors. He has translated over 20 books from Arabic, Persian, and Urdu for publication in English, including a three-volume Compendium of Legal Rulings on the Operations of Islamic Banks, has several publications in journals, has contributed chapters and written introductions to books, and is a frequent speaker at conferences and conventions. Following his education in the United States, including Cornell University, Shaykh DeLorenzo studied the classical Sharia'a Sciences with scholars in Egypt and Pakistan.

Sh. Nizam Yaquby

Sh. Yaquby is a leading authority on the Islamic law of contract for financial institutions. A graduate of McGill University, he is a member of Sharia'a boards for numerous Islamic banks including HSBC's Amanah Unit (operating in New York, London and Dubai), City Islamic Investment Bank in Bahrain, and Abu Dhabi Islamic Bank. He has been involved with the United Bank of Kuwait and HSBC's consumer contracts used in the US as well as commercial contracts used by other Islamic organizations.

 
 
 
 
 
             
University Islamic Financial Corporation is a subsidiary of University Bank which is Member FDIC. All deposits through University Bank. No recommendation to buy or sell any security is intended from this material nor should one be inferred. Securities and mutual funds are offered by Equitas America, LLC, a registered broker/dealer, member NASD and SIPC. University Insurance & Investment Services, Inc. and University Bank are not broker/dealers nor are they affiliated with Equitas America,LLC. Non-deposit investment products are NOT FDIC INSURED, NOT GUARANTEED by any bank or government agency and MAY LOSE VALUE.
 
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