Dr Samir Alamad
Dr Samir Alamad is Head of Sharia Compliance & Product Development at Al Rayan Bank and the Sharia Supervisory Committee’s representative in the Bank. He is an expert in the Islamic banking and finance industry and has a scholarly knowledge of Sharia, Islamic jurisprudence and Islamic commercial law, and their applications in financial services.
Dr Alamad has played a leading part in Al Rayan Bank’s pioneering development of Islamic finance and banking in the UK by working with the UK Government and the Islamic finance industry to create a diverse portfolio of unique Sharia compliant financial products and services. Within the realm of Sharia governance and audit, Dr Alamad has established a robust Sharia compliance framework within Al Rayan Bank, which is vital to its continuing success and unrivalled market reputation.
Dr Alamad holds a PhD from Aston University Business School in Financial Innovation and Engineering and a Master’s degree in Islamic Banking Finance and Management from Loughborough University. He holds two Postgraduate Diplomas in Sharia and International Studies and another in Islamic Commercial Law with distinction from Al Fateh University and a BA degree with distinction in Islamic Studies from Um Durman University,
Dr Alamad is an AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institutions) Certified Sharia Adviser and Auditor (CSAA). Additionally, he serves as an adviser to various institutions and is a member of AAOIFI, the Government Help to Buy mortgage guarantee Senior Monitoring Board, a member of the government’s Help to Buy ISA working group of experts and a member of the World Economic Association. He is also a regular speaker at national and international conferences; he has delivered numerous lectures, seminars and taken part in many TV and radio shows, debates and has been featured in various national media.
In his capacity as a leading Islamic finance expert, he has advised a number of departments within the UK Government including HM Treasury, the Bank of England, Foreign and Commonwealth Office (FCO), the Department of Business Innovation and Skills (BIS), Department of Health and other government’s departments.