- Humayon Dar
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Humayon Dar Born Muhammad Humayon Abbas Dar
1970
Gakkhar Mandi, PakistanResidence London, England Occupation Economist Website http://humayondar.com/ Dr Humayon Dar (born Muhammad Humayon Abbas Dar in 1970) is an Islamic economist, transformational thinker, author, Sharia advisor and Islamic banking expert, focusing on how to create financial solutions that conform with Sharia law.
Contents
Biography
Education and personal life
Dar was born in Gakkhar Mandi on the Pakistani side of the Punjab province. After he finished secondary school education at his home town, the young Dar was sent to Lahore, where he attended Government College Lahore (now renamed as University Government College Lahore). He spent two years there before he was admitted to International Islamic University Islamabad in 1986.
Dar holds a BSc (Hons) and MSc (both in Islamic Economics) from the International Islamic University Islamabad (IIU), as well as an MPhil and PhD (both in Economics) from Cambridge University.[1] Dar currently lives in London, where he is married with two sons and a daughter.
Professional life
Dar co-founded (with Professor John Presley) an MSc program in Islamic economics, banking & finance at Loughborough University.[2] He has also assisted the Cass Business School, of London's City University, in creating and offering an Executive MBA in Islamic Finance.[3] He is also a Visiting Professor of Islamic Finance at Universiti Teknologi Mara (UiTM) in Malaysia.
In 2005, he joined Dar Al Istithmar, a joint venture between Deutsche Bank, the Oxford Center for Islamic Studies and Russell Wood, which was created to provide advice on offering financial products that comply with Islamic law.[4] Deutsche Bank provided a series of seminars regarding Islamic finance throughout the Middle East in 2005, with Humayon Dar as one of the speakers for those seminars.[5] In March 2006, Dar was named managing director of Dar Al Istithmar.[2]
In 2007, the team from Dar Al Istithmar was absorbed by the BMB Group, the Eastern-focused investment and advisory group led by Rayo Withanage, the resulting company renamed BMB Islamic. Dar was appointed as its CEO.[6][7] Euromoney awarded the company "Best Islamic Advisory & Assurance" award, for both 2006 and 2007.[citation needed] In 2008, BMB Islamic was accepted as member of the Bahrain-based association Accounting and Auditing Organisation for Islamic Financial Institutions.[8]
In addition to his role at BMB Islamic, he sits on a number of Sharia Advisory Boards, including those of Allianz Global Investors (Luxembourg), Hong Leong Islamic Bank (Malaysia), Hong Leong Tokio Takaful Marine (Malaysia) and Halal Industries Group (UK).[citation needed]
Dar's book on "Sharia and Legal Aspects of Islamic Finance" (co-edited with Umar Moghul) was published in 2009 by Chancellor Publications, London (UK). Dar is also founding editor of Global Islamic Finance Report, an annual publication reporting on developments in the Islamic financial services industry worldwide.[9] In 2009, he also founded Islamic Finance Access Programme (IFAP), which aims at providing affordable Islamic financial intelligence to the institutions and individuals seeking to learn more about the trillion dollar Islamic financial services industry. His new publication, Islamic Finance Review, is another of his industry building initiatives.
References
- ^ http://www.admin.cam.ac.uk/reporter/1997-8/weekly/5745/23.html
- ^ a b "Humayon Dar appointed managing director of Deutsche Bank subsidiary Dar Al Istithmar". AME Info. 2006-03-27. http://www.ameinfo.com/81528.html.
- ^ Riazat Butt (2008-03-12). "Sharia economist one of a new breed". The Guardian (London). http://www.guardian.co.uk/business/2008/mar/12/islamicfinance.islam.
- ^ "Islamic advising firm appoints Dar director". International Herald Tribune. 2006-03-28. http://www.iht.com/articles/2006/03/27/bloomberg/bxshake.php.
- ^ K.S. Ramkumar (2005-04-07). "Deutsche Bank Hosts Seminars on Islamic Finance". Arab News. http://www.arabnews.com/?page=6§ion=0&article=61748&d=7&m=4&y=2005.
- ^ "World's Top Shariah Product Team Absorbed By The BMB Group." (Press release). PR Newswire. http://www.accessmylibrary.com/coms2/summary_0286-31360761_ITM.
- ^ "Islamic banking in need of guidelines". AME Info. 2007-11-18. http://www.ameinfo.com/138824.html.
- ^ "AAOIFI welcomes BMB Islamic as an associate member". AME Info. 2008-03-16. http://www.ameinfo.com/150098.html.
- ^ "GIFR 2011 - Editor's Note". http://www.globalislamicfinancereport.com/editors_note.htm.
External links
Categories:- Living people
- Academics of Loughborough University
- Pakistani economists
- 1970 births
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