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The Shariah Advisory Committee (SAC)
of State Bank of Pakistan (SBP) is
an apex body which provides Shariah
opinion and advice on Shariah related
matters. The Shariah Advisory Committee
consists of Shariah scholar members
drawn from among Islamic scholars
and Technical members including accountant,
lawyer, senior official from SBP,
and a specialist from other fields
i.e. Economics or Banking & Finance
with good knowledge of Islamic finance
and practices.
Members of the Shariah Advisory Committee
are:
i. Mufti Irshad
Ahmad Aijaz as Shariah scholar member
and Chairman,
ii. Dr. Noor Ahmed Shahtaz as Shariah
scholar member,
iii. Ayatullah Shabbir Hasan Lakhani
(Maisami) as Shariah scholar member,
iv. Syed Najmul Hussain as Accountant
member,
v. Justice (R) Syed Jamshed Ali
as Lawyer member,
vi. Mr. Mansur-Ur-Rehman Khan as
member from other field i.e. Economics
or Banking & Finance,
vii. Syed Samar Hasnain, Executive
Director (Development Finance Group)
as ex-officio member,
whereas, Mr. Ghulam Muhammad, Director
Islamic Banking Department, SBP
to act as ex-officio Secretary (non-member)
to the Committee.
List of
Previous Members:
Since its inception, following members
have served on Shariah Advisory Committee
(formerly SBP Shariah Board)
Term |
Chairman (Shariah Scholar) |
Shariah Scholar(s) |
Accountant |
Lawyer |
Ex-Officio member/ Secretary |
1st
(2004 – 2005) |
Dr.
Mahmood Ahmad Ghazi |
Dr.
Imran Usmani |
Mr.
Ebrahim Sidat |
Syed
Riaz-ul-Hasan Gilani |
Mr.
Pervez Said |
2nd
(2006 – 2007) |
Dr.
Mahmood Ahmad Ghazi |
Dr.
Imran Usmani |
Mr.
Ebrahim Sidat |
Syed
Riaz-ul-Hasan Gilani |
Mr.
Pervez Said |
3rd
(2008 –2009) |
Dr.
Mahmood Ahmad Ghazi |
Dr.
Imran Usmani |
Mr.
Ebrahim Sidat |
Syed
Riaz-ul-Hasan Gilani |
Mr.
Pervez Said |
4th
(2010 – 2011) |
Dr.
Mahmood Ahmad Ghazi /
Dr. Fida Muhammad Khan
|
Dr.
Imran Usmani |
Mr.
Ebrahim Sidat |
Syed
Riaz-ul-Hasan Gilani |
Mr.
Pervez Said / Mr. Saleem Ullah |
|
Dr.
Fida Muhammad Khan |
i)
Mufti Muhammad Zubair Usmani
(ii) Dr. Muhammad Qaseem
|
Mr.
Ebrahim Sidat |
Justice
Khalil-ur- Rehman Khan |
Mr.
Saleem Ullah |
|
Justice
(R) Mufti Muhammad Taqi Usmani |
i)
Mufti Muhammad Zubair Usmani
(ii) Dr. Muhammad Qaseem
|
Mr.
Ebrahim Sidat |
Justice
Khalil-ur- Rehman Khan |
Mr.
Saleem Ullah/ Mr. Yavar Moini
/ Mr. Ghulam Muhammad |