Members of the Shariah Board
BNP Paribas Shariah Supervisory Committee is composed of well-known and highly commended scholars.
Sheikh Nidham Yaquby – Bahrain
Chairman of the BNP Paribas Shariah Supervisory Committee
As an internationally recognised scholar in the Islamic finance industry, Sheikh Nidham holds influential positions on the Shariah boards of many international and regional financial institutions and insurance companies. He is a member of the Shariah standard-setting bodies, including the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the International Islamic Financial Market (IIFM), as well as Islamic indices such as the Dow Jones Islamic Market Index. He pursued traditional Islamic studies in Mecca, India and Morocco under the guidance of eminent Islamic scholars. Sheikh Nidham holds a PhD in Islamic Law from the UK’s University of Wales, and a Bachelor’s Degree in Economics and Comparative Religion from Canada’s McGill University.
Sheikh Dr. Yousef Al-Shubaily – Kingdom of Saudi Arabia
Sheikh Dr. Yousef Al-Shubaily is a highly experienced and respected scholar who serves on multiple Shariah boards of both banks and financial institutions within the Gulf Cooperation Council (GCC) and Malaysia. He is widely known for his influential series of books, academic papers, and articles on Islamic Finance. He is a member of many Shariah standard-setting bodies, including the Accounting and Auditing Organization for Islamic Financial Institutions, and the International Islamic Financial Market in Bahrain. Sheikh Dr. Yousef obtained his Bachelors, Masters and PhD degrees from Imam Muhammad Bin Saud Islamic University in Saudi Arabia.
Professor Dr. Mohamed Ali Elgari
Dr. Mohamed Ali Elgari, a distinguished scholar in Islamic jurisprudence, economics and finance, serves as a member of multiple Shariah boards worldwide including the Shariah Council and Board of Trustees of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), Dow Jones Islamic Markets Index, and the International Islamic Financial Market, while also chairing several prominent boards such as the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and International Islamic Liquidity Management. He holds a PhD and a Master’s in Economics from the University of California, and a Bachelor’s in Economics from King Abdul‑Aziz University. Dr. Elgari is a former professor of Islamic Economics at King Abdul-Aziz University, Jeddah, and former director at the Center for Research in Islamic Economics at the same university. Dr. Elgari has been recognized with the Islamic Development Bank prize in Islamic banking and finance, the KLIFF Islamic Finance Award for Most Outstanding Contribution to Islamic Finance, and Euromoney’s Outstanding Contribution to Islamic Finance award.