OASIS HOUSE • 96 UPPER ROODEBLOEM ROAD • UNIVERSITY ESTATE • CAPE TOWN 7925 • SOUTH AFRICA | propertyleasing@oasiscrescent.com • TEL: +27-21-413 7860
THE OASIS SHARI'AH ADVISORY BOARD
THE COMPLIANT WAY
Our products are managed in accordance to the investment guidelines that have been established by the Oasis Group’s independent Shari’ah Advisory Board. These guidelines stipulate the exclusion of securities whose primary business activities are non-permissible according to Shari’ah law from the investment portfolios of the Oasis Crescent Range of products.
The Shari’ah Advisory Board has been appointed to advise The Oasis Group on Islamic investment and ethical issues. In addition, this board is responsible for conducting an independent analysis of the Oasis Crescent Range of products and investments as well as investment income to ensure that it is aligned with Islamic investment guidelines. Annually, a certificate of compliance is issued for all of the Islamic funds that the Oasis Group manages.
SHAYKH NEDHAM YAQOOBI
An active scholar in Islamic finance and has been the Professor of Tafsir, Hadith and Fiqh in Bahrain since 1976. In addition to his academic endeavours, Shaykh Nedham works as an independent Shari’ah consultant in Bahrain and currently sits on the Islamic supervisory boards of several Islamic financial institutions.
SHAYKH YUSUF TALAL DELORENZO
A leading Islamic scholar based in the United States. He has translated over twenty books from Arabic, Persian and Urdu for publication in English. Shaykh DeLorenzo compiled the first English translation of legal rulings issued by Shari’ah supervisory boards on the operations of Islamic banks. Since 1989 he has served as secretary of the Fiqh Council of North America. He is also a Shari’ah consultant to several Islamic financial institutions
and was an advisor on Islamic education to the government of Pakistan.
PROFESSOR MOHD DAUD BAKAR
a respected academic and Associate Professor in the Department of Islamic and Family Law at the International Islamic University in Malaysia. He has presented numerous papers and publications regarding Islamic banking and investment. Professor Bakar serves as a member of the Shari’ah Advisory Council of the Securities Commission in Malaysia as well as the Bank Negara Malaysia (Central Bank of Malaysia). In addition, he is a Shari’ah consultant to numerous investment committees throughout the world.
