x About the Contributors
Mohammad A. Qayyumjoined the IIBI at the invitation of the late
chairman, and prior to this, he was responsible for developing and
maintaining relationships with correspondent banks and central banks as
joint head of the international division in a major international bank. After
graduating in 1963, he started his career in banking with Grindlays Bank
Ltd in Pakistan, with a period of training in London. He moved to London
in 1972 and took up assignments with other banks. He is the executive
editor of NewHorizon magazine, published by the IIBI. His interests include
a variety of voluntary work andempowering others to succeed.
Mohammad Shafiqueis an affiliate of the Association of Chartered
Certified Accountants and holds a bachelors degree in accounting, as well as
a masters in business administration and finance. He has completed an IIBI
postgraduate diploma course, and his work experience includes working at
Edexcel (an examination body), British Marketing Research Bureau and
State Bank of Pakistan. At IIBI, he is responsible for the Institute’s
professional development programmes that include training and course
development. He is an examiner for two Islamic finance units offered by the
Association of Business Executives. He organizes the IIBI’s ongoing monthly
lectures and represents the IIBI at external meetings and conferences. He
is an editor of NewHorizon, and his interest includes reading and playing
cricket.Islamic Bank of Britainis headquartered in Birmingham, and became
the first Islamic bank in the Western world when it opened in 2004. It has
since pioneered Islamic retail banking in the UK and launched a wide range
of products, including savings accounts, personal finance, commercial
property finance and treasury facilities. The bank was also the first to
introduce Islamic business banking to the UK, and now offers a wide range
of institutional, private and businessbanking products and services.
Sultan Choudhuryis an executive board director at the Islamic Bank of
Britain. Sultan has been with the bank since January 2004, during which
time he set up head office and branch operations, implemented the UK’s
firsthalalsavings and personal finance products and raised the profile and
awareness of the Islamic Bank of Britain through public relations work in
international, UK mainstream and ethnic media. He previously held roles
at Charles Schwab Europe, Barclays Private Bank and Deloitte. He is a
chartered accountant and a member of the Securities Institute. Sultan is
currently on the UK Trade and Investment Financial Services Sector
Advisory Board sub-group for Islamic financial services, and chairs the
Banking Working Group.Islamic Finance Advisory and Assurance Services UK Ltd(IFAAS) is
a UK based consultancy, specialized in providing advisory services to
financial institutions in the domain of Shari’a compliance. IFAAS was
incorporated in 2007 with the vision of supporting the development and
growth of the Islamic financial industry in the UK and Europe. With its