Shariah Board Member
Mufti Abdul Basit has been serving as a Shariah Board Member at Faysal Bank Limited since 2021. Prior to this role, he held the position of Shariah Support at the Product Management and Development Department of Faysal Bank Limited.
Mufti Abdul Basit holds both contemporary and religious academic qualifications. He obtained a Shadat-ul-Aalamia (Masters in Islamic Studies & Arabic) from the esteemed Jamia Darul Uloom, Karachi, under the guidance of Justice Retd. Mufti Taqi Usmani and Takhassus Fiqh-ul-Muamlaat from Jamia Tur Rasheed, Karachi. Additionally, he holds a graduation degree in Commerce from the University of Karachi.
With wide-ranging professional and educational experience, Mufti Abdul Basit brings valuable expertise to his roles. He possesses extensive experience in Islamic Banking. Furthermore, he has a significant background in teaching, having served as a Permanent and Visiting Faculty Member at renowned institutions such as;
- Sheikh Zyed Islamic Centre – University of Karachi
- IBA – CEIF (Centre for Excellence in Islamic Finance)
- AL – Ihsan Courses.
Mufti Abdul Basit is a Certified Shariah Adviser & Auditor (CSAA) recognized by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain. He has also completed the NIBAF Islamic Banking Certificate Course – Capacity Building of Shariah Scholars organized by the National Institute of Banking and Finance, State Bank of Pakistan. Additionally, he is a certified professional trainer accredited by IAPPD and registered as a Shariah Advisor with the Securities and Exchange Commission of Pakistan (SECP).
