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Centre for Islamic Economics & Finance, South Africa

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“To Play a leading role in the revival of Islamic Economic and Financial Principles & assist businesses, organizations and professionals in achieving the highest standards of Shariah compliance”


The Centre for Islamic Economics and Finance South Africa (CIEFSA) has been established with the objective of reviving the knowledge and Implementation of Islamic Economic, Commercial and Financial Principles.

Established in 2007 (1428AH) under the guidance of leading scholars, academics and industry experts, the Centre aims to fulfill the growing need of creating awareness of Islamic Economic Principles and providing practical solutions to contemporary economic and financial matters.

  • Alim (Islamic Scholarship) Course - at Taleemuddeen (Durban,South Africa)

  • Certified Islamic Professional Accountant (AAOIFI-Bahrain)

  • Certified Shariah Advisor and Auditor (AAOIFI- Bahrain)

  • BCompt ( Bachelors - Accounting and Auditing)- University of South Africa

  • Completed various Advanced courses in Islamic Finance under Mufti Taqi Usmani

  • Served as Head of Shariah Department at Albaraka Bank South Africa, 2005 - July 2010.

  • Achieved 1st Position internationally in CSAA exam (2008) administered by standard setting authority AAOIFI

  • Serves as a lecturer in Tafseer, Hadith and Islamic Commercial Law at Madrasa Hamidiyya Durban since 2005.

  • Served as member of the South African Government's National Treasury Task Committee for the introduction of legislation to accommodate Islamic financial instruments in South Africa

  • Member of the Shariah Board - Al Bogari Holdings - Dubai

  • Advisor to Global American Line - USA

  • Shariah Advisor to the Euro Capital and Euro Packaging Group - UK

  • Alim (Islamic Scholarship) Course - at Taleemuddeen ( Durban,South Africa)

  • Iftaa completed in 3 years at Darul Uloom Karachi with thesis completed in Islamic partnership structures under the guidance of Mufti Taqi Usmani

  • Registered Certified Shariah Advisor and Auditor - Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)

  • Member of Shariah Supervisory Board of Albaraka Bank Limited, South Africa

  • Member of Shariah Supervisory Board of Lanka Orix Leasing Company - Sri Lanka

  • Served as Shariah Advsior to Amaana Investments, Sri Lanka

  • Serves in Darul Ifta - Darul Ihsan Islamic Services Center

Our recent clients

Ciefsa Islamic Clients

Give us a call today and make your business shariah compliant
Ph: +27 (031) 836 0634 / 083 704 5606

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