IISF Consultancy Services
Professional Guidance in Zakat, Waqf, Sadaqah & Shariah-Compliant Finance
About Our Consultancy
The IISF Consultancy Team brings together leading scholars, certified practitioners, and financial experts to provide authoritative guidance on Islamic Social Finance (ISF) instruments. Established under the Institute of Islamic Social Finance — a specialized institution registered in Bangladesh in September 2025 and affiliated with the Center for Zakat Management (CZM) — our team bridges scholarly knowledge with practical implementation to help organizations, institutions, and individuals achieve Shariah-compliant, socially impactful financial outcomes.
Zakat Management & Calculation
We provide end-to-end Zakat services: governance framework design, disbursement system development, and Fiqh Al-Zakat compliance advisory for institutions. Crucially, we offer dedicated Zakat Calculation Services for businesses and corporate entities (calculating Zakatable assets, liabilities, and net Zakat obligation), for other organizations including NGOs and foundations, and for individuals seeking accurate personal Zakat assessments covering wealth, trade goods, savings, investments, and agricultural produce.
Waqf & Endowment Advisory
Our team provides comprehensive guidance on structuring cash Waqf instruments, establishing Waqf governance models, developing Waqf-linked social finance programmes, and ensuring proper Shariah supervision. We assist in aligning Waqf initiatives with sustainable development objectives including SDGs.
Sadaqah & Qard Al-Hasanah
We assist institutions in mobilizing Sadaqah funds effectively, designing impact-driven Sadaqah programmes, and structuring Qard Al-Hasanah (benevolent loan) schemes for underserved communities. Our guidance covers governance, reporting, and Shariah compliance for these instruments.
Shariah Compliance & Audit
IISF provides Shariah audit services, product review, and compliance advisory for financial institutions, NGOs, and development organizations working in the Islamic finance space. Our consultants review policies, product structures, and operational frameworks to ensure full Shariah conformity.
Capacity Building & Training
We design and deliver training programmes for professionals, government officials, NGO staff, and students on ISF instruments. Through the IISF-CZM partnership, we offer structured courses, workshops, and certification pathways to build institutional capacity in Islamic social finance.
Research & Policy Advisory
Our experts contribute to policy development, feasibility studies, and applied research on Islamic Social Finance. We support government bodies, development organizations, and academic institutions in producing evidence-based insights that shape ISF regulation and practice in Bangladesh and beyond.
Dr. A.K.M. Abdul Quader
- Professor, Arabic Department, University of Chittagong
- Member, Shariah Supervisory Board, Center for Zakat Management (CZM)
- Executive Committee Member, Bangladesh Institute of Islamic Thought (BIIT)
Dr. Zubair Mohammad Ehsanul Hoque, CSAA
- Professor, Department of Arabic, University of Dhaka
- Chairman, Shariah Supervisory Board, Sonali Bank PLC
- Member, Shariah Supervisory Committee, Islami Bank PLC
- Member, Shariah Committee, Bangladesh Finance
- Member, Shariah Supervisory Board, Center for Zakat Management (CZM)
Dr. Mohammad Omar Farooq
- Professor and Head, Department of Economics, United International University (UIU)
- Director, UIU's Institute of Islamic Banking, Finance and Economics (IIBFE)
- Former Head, Centre for Islamic Finance, Bahrain Institute of Banking and Finance (BIBF)
Professor Mokhter Ahmad
- Founder Chairman, Tarbiyah Education Network
- Member, Shariah Supervisory Board, Center for Zakat Management (CZM)
- Former Director, Daffodil Centre for Islamic Studies, Daffodil International University
- Former Associate Professor, International Islamic University Chittagong (Dhaka Campus)
- Islamic Scholar, Author, TV Presenter, and Shariah Consultant
Maulana Shah Mohammad Wali Ullah, CSAA
- Khatib, Sobhanbag Jame Masjid, Dhanmondi, Dhaka
- Member, Shariah Advisory Board (SAB), Bangladesh Bank
- Member, Shariah Supervisory Board, Center for Zakat Management (CZM)
- Islamic Scholar, Author, TV Presenter, and Shariah Consultant
Mohammad Abdul Wadud, FCA
- Founder, Shiraj Wadud & Co., Chartered Accountants
- Former Partner, FAMES & R, Chartered Accountants
- Former Head of Finance, DBH Finance PLC
- Professional Consultant in Accounting, Taxation, Corporate Affairs, SOP Development, Advisory & Management Consultancy
Shahriar Kabir
- Executive Director, Institute of Islamic Social Finance (IISF)