Shaban Mohammad Islam
Muharraq,Bahrain
Summary
Experienced professional in Islamic finance with a strong background in Shari'ah compliance and training. Proven ability to conduct comprehensive courses and training sessions for various institutions. Known for developing educational content and providing expert consultancy in Takaful and Islamic banking regulations.
Overview
26
26
years of professional experience
6003
6003
years of post-secondary education
1
1
Certification
Work history
Conducting the training on Takaful Insurance: Concept, Challenges and Opportunities
Emirates Institute of Finance (EIF)
2024.06 - 2025.07
- Company Overview: Collaboration with BIBF
- Collaboration with BIBF
Conducting the Course on Understanding IFSB Standards -Detailed Analysis of Select Standards
Bahrain Institute of Banking and Finance (BIBF)
2023.10 - 2025.07
Conducting the CBB Islamic Banking Regulations (Rulebook 2) Compliance and Regulation for Islamic Banks
Bahrain Institute of Banking and Finance (BIBF)
2023.06 - 2025.07
Partner
Qutoof Consultancy Company
2019.01 - 2025.07
Updating the content for the Takaful Qualification Chapter -Investment in The Context of Takaful Industry
Bahrain Institute of Banking and Finance (BIBF)
2019.01 - 2025.07
Member of Business Administration College Industrial Advisory Council
Kingdom University
2018.01 - 2025.07
Member of Board of Trustee
Human Development University
2013.01 - 2025.07
- Company Overview: Kurdistan Region of Iraq
- Kurdistan Region of Iraq
Part-time lecturer
Bahrain Institute of Banking and Finance (BIBF)
2010.01 - 2025.07
- Islamic Insurance
- Fiqh of Takaful
- Fiqh of Zakat and Waqf
- Principles of Fatwa and Applied jurisprudence
Senior Specialist, Shari'ah Consultant
Islamic Financial Services Board
2021.07 - 2024.12
Member of Shari'ah Supervisory Board's and General Secretary
Takaful Oman Company
2013.01 - 2021.12
Conducting internal training on Shari'ah and takaful for employees
Takaful Oman Insurance Company
2014.01 - 2019.12
- Company Overview: Sultanate of Oman
- Sultanate of Oman
Group Head of Shari'ah Compliance
Bank Alkhair
2016.02 - 2019.05
Board member of Waqf Fund
Central Bank of Bahrain (CBB)
2016.01 - 2019.04
Executive Shari'ah Supervisory Board member
Tazur Regional Takaful Company
2016.01 - 2017.12
- Company Overview: headquarters in Bahrain
- Headquarters in Bahrain
3 days trainings: Shari'ah structuring products for Islamic financial institutions
Central Bank of Oman
2016.01 - 2016.12
Conducting internal training on Shari'ah and takaful for employees
Tazur Islamic Insurance Company
2009.01 - 2016.12
Head of Shari'ah Compliance Department
Tazur Regional Takaful Company
2008.07 - 2016.02
- Company Overview: headquarters in Bahrain
- Headquarters in Bahrain
E-Learning project manager
Bahrain Institute of Banking and Finance (BIBF)
2014.01 - 2015.12
- Company Overview: E-Learning platform project
- E-Learning platform project
Demystification of the Selected AAOIFI Shari'ah Standards - 3 days Shari'ah Standards' workshops
Bahrain Institute of Banking and Finance (BIBF)
2013.01 - 2015.12
Conducting the Takaful Certificate - 5 days
General Counsel for Islamic banks and Financial Institutions (CIBAFI)
2014.11 - 2014.11
5 days Training of staff
Bank Cihan
Erbil, Iraq
2014.04 - 2014.04
- Company Overview: an Islamic Investment bank
- Introduction to Islamic finance and banking
- An Islamic Investment bank
Training of CIMA Islamic Finance Certificate (in English)
Earnest & Young
Bahrain
2013.01 - 2013.12
Training of CIMA Islamic Finance Certificate (in Arabic)
Talal Abu Ghazala Group
Bahrain
2012.01 - 2013.12
3 days training: Shari'ah structuring products for Islamic financial institutions
Bahrain Institute of Banking and Finance (BIBF)
2012.01 - 2012.12
Academic Contents Developer of MBA and Executive Diploma programs in Islamic finance (for E-Learning)
Open Malaysian University (OUM)
2007.01 - 2012.12
- Company Overview: hosted by Arab Open University -Bahrain Branch
- Hosted by Arab Open University -Bahrain Branch
Head of internal Shari'ah Compliance Unit
Capital Management House
2006.01 - 2008.06
- Company Overview: an Islamic investment bank
- An Islamic investment bank
Part time lecturer
International Islamic University - Malaysia
2004.01 - 2005.12
Shari'ah supervisor of Zakat Program
International Islamic University - Malaysia
2000.02 - 2000.06
Education
Ph.D. - Islamic transactions
International Islamic University
KL07.2006
Degree of Bachelor - Islamic studies, Shari'ah & Islamic studies
Dohuk University
Master degree - Islamic transactions
International Islamic University
KL05.2000
Skills
- Curriculum development
- Shari'ah compliance
- Takaful structuring
- Islamic finance regulations
- Training development
- Team collaboration
- Proofreading accuracy
Certification
- Certificate of Shari'ah Audit, Bahrain Institute of Banking and Finance (BIBF), 2007, Bahrain
- Certificate of Anti Money Laundering, BIBF, 2007
- Train of the trainer certificate, BIBF, 07/2011
- Certified Trainer in Islamic finance and takaful, General Counsel for Islamic Banking and Financial Institutions (CIBAFI), 2013
- Certificate of attendance of the program on Corporate Governance and Strategy for Board of Directors, BIBF, 2017
Languages
Arabic
English
Persian
Persian
Custom
- Takaful Insurance: Concept, Challenges and Opportunities, Emirates Institute of Finance (EIF), 06/2024
- Understanding IFSB Standards - Detailed Analysis of Select Standards, BIBF, 10/2023
- CBB Islamic Banking Regulations (Rulebook 2) Compliance and Regulation for Islamic Banks, BIBF, 06/2023
- Internal training on Shari'ah and takaful for employees of Tazur Islamic Insurance Company, Bahrain, 2009-2016
- Updating the content for the Takaful Qualification Chapter - Investment in The Context of Takaful Industry, BIBF, 2019
- Internal training on Shari'ah and takaful for employees of Takaful Oman Insurance Company, Oman, 2014-2019
- Shari'ah structuring products for Islamic financial institutions, Oman, 2016
- Introduction to Islamic finance and banking, Iraq, Kurdistan, 04/2014
- Takaful Certificate, CIBAFI, 11/2014
- Demystification of the Selected AAOIFI Shari'ah Standards, 2013-2015
- Training of CIMA Islamic Finance Certificate (in Arabic), Talal Abu Ghazala Group, Bahrain, 2012-2013
- Training of CIMA Islamic Finance Certificate (in English), Earnest & Young, Bahrain, 2013
- Shari'ah structuring products for Islamic financial institutions, BIBF, 2012
Personal Information
- Citizenship: Iraq
- Date of birth: 01/01/71
- Marital status: Married
Timeline
Conducting the training on Takaful Insurance: Concept, Challenges and Opportunities
Emirates Institute of Finance (EIF)
2024.06 - 2025.07
Conducting the Course on Understanding IFSB Standards -Detailed Analysis of Select Standards
Bahrain Institute of Banking and Finance (BIBF)
2023.10 - 2025.07
Conducting the CBB Islamic Banking Regulations (Rulebook 2) Compliance and Regulation for Islamic Banks
Bahrain Institute of Banking and Finance (BIBF)
2023.06 - 2025.07
Senior Specialist, Shari'ah Consultant
Islamic Financial Services Board
2021.07 - 2024.12
Partner
Qutoof Consultancy Company
2019.01 - 2025.07
Updating the content for the Takaful Qualification Chapter -Investment in The Context of Takaful Industry
Bahrain Institute of Banking and Finance (BIBF)
2019.01 - 2025.07
Member of Business Administration College Industrial Advisory Council
Kingdom University
2018.01 - 2025.07
Group Head of Shari'ah Compliance
Bank Alkhair
2016.02 - 2019.05
Board member of Waqf Fund
Central Bank of Bahrain (CBB)
2016.01 - 2019.04
Executive Shari'ah Supervisory Board member
Tazur Regional Takaful Company
2016.01 - 2017.12
3 days trainings: Shari'ah structuring products for Islamic financial institutions
Central Bank of Oman
2016.01 - 2016.12
Conducting the Takaful Certificate - 5 days
General Counsel for Islamic banks and Financial Institutions (CIBAFI)
2014.11 - 2014.11
5 days Training of staff
Bank Cihan
2014.04 - 2014.04
Conducting internal training on Shari'ah and takaful for employees
Takaful Oman Insurance Company
2014.01 - 2019.12
E-Learning project manager
Bahrain Institute of Banking and Finance (BIBF)
2014.01 - 2015.12
Member of Board of Trustee
Human Development University
2013.01 - 2025.07
Member of Shari'ah Supervisory Board's and General Secretary
Takaful Oman Company
2013.01 - 2021.12
Demystification of the Selected AAOIFI Shari'ah Standards - 3 days Shari'ah Standards' workshops
Bahrain Institute of Banking and Finance (BIBF)
2013.01 - 2015.12
Training of CIMA Islamic Finance Certificate (in English)
Earnest & Young
2013.01 - 2013.12
Training of CIMA Islamic Finance Certificate (in Arabic)
Talal Abu Ghazala Group
2012.01 - 2013.12
3 days training: Shari'ah structuring products for Islamic financial institutions
Bahrain Institute of Banking and Finance (BIBF)
2012.01 - 2012.12
Part-time lecturer
Bahrain Institute of Banking and Finance (BIBF)
2010.01 - 2025.07
Conducting internal training on Shari'ah and takaful for employees
Tazur Islamic Insurance Company
2009.01 - 2016.12
Head of Shari'ah Compliance Department
Tazur Regional Takaful Company
2008.07 - 2016.02
Academic Contents Developer of MBA and Executive Diploma programs in Islamic finance (for E-Learning)
Open Malaysian University (OUM)
2007.01 - 2012.12
Head of internal Shari'ah Compliance Unit
Capital Management House
2006.01 - 2008.06
Part time lecturer
International Islamic University - Malaysia
2004.01 - 2005.12
Shari'ah supervisor of Zakat Program
International Islamic University - Malaysia
2000.02 - 2000.06
Ph.D. - Islamic transactions
International Islamic University
Degree of Bachelor - Islamic studies, Shari'ah & Islamic studies
Dohuk University
Master degree - Islamic transactions
International Islamic University