At Sharafat Consultancy, we are driven by our mission of helping businesses succeed while adhering to the highest ethical standards set forth by Islamic Law.
Our experienced team provides consultations on Shariah-compliant solutions tailored to meet the specific needs of your business or non-profit endeavors.
We have a deep understanding of Islamic Law and its implementation in different contexts and can help you ensure the right path is taken to fulfill your obligations. Our advice takes into account all aspects of Shariah compliance, including corporate governance, finance, investment, social responsibility, and more.
With an extensive team of experts from diverse backgrounds, including Shariah scholars, financial advisors, business process experts, consultants, Software experts and accountants, we are able to provide our clients with the best advice and solutions.
Our Vision
For achieving the pleasure of ALLAH SUBHAN WA TAALA, serve, provide, and enhance the importance of Shariah governance in all fields of life especially in commercial activities either at individual or at corporate levels.
Our Mission
With the divine guidance and in light with the Ahadees Mubaraka of Prophet Muhammad Sallallahu Alayhi Wa Sallam, we strive to serve the society at all walks of life. We not only engage businesses but also corporate sector organizations to streamline their all operations in line with the teaching of Islamic jurisprudence and regulations.
Our Team
Ashraf Alam Siddiqui
Ashraf Alam Siddiqui is a distinguished Shariah Advisor and Islamic scholar, renowned for his deep commitment to ensuring Shariah-compliant solutions across diverse sectors. He is a member of the Shariah Advisory Board at UBL Insurer Ltd. and Habib Insurance Company Limited – Window Takaful, where he has been providing expert guidance on Islamic finance and Shariah compliance since 2019.
Ashraf holds an esteemed Al-Takhassus Fil Ifta (Specialization in Islamic Jurisprudence) from Jamia Darul Uloom Karachi (2008), where he focused on fatawas by prominent scholars like Mufti-e-Azam Pakistan, Mufti Muhammad Shafi Usmani, particularly on subjects like Ijarah and Miscellaneous. He also earned the Al-Aalmiyyah degree with a 1st Division (Mumtaz), which is equivalent to a Master’s in Islamic Studies. Further, he holds a Shahadat Hifzul Quraan Al Karim certification, having memorized the entire Quran with distinction.
Ashraf’s professional career extends beyond academia. He serves as Naib Imam at the Grand Masjid Jamia Darul Uloom Karachi under the supervision of Hazrat Mufti AbdurRauf Sakharvi, where he leads prayers and provides spiritual guidance. Additionally, Ashraf has been a Religious Coordinator (Khateeb) at Hamsons Textile Company since 2009, where he leads religious affairs, including offering sermons during Friday prayers.
In addition to his religious and academic roles, Ashraf’s practical experience extends to the Takaful Industry, where he has served as a Unit Head at PAK-QATAR Family Takaful (2009-2010) and continues to play an instrumental role in Shariah compliance at various financial institutions.
Mufti Muhammad Farhan Farooq
Mufti Muhammad Farhan Farooq, a distinguished Shariah Advisor, is a registered and approved authority by the Securities & Exchange Commission of Pakistan. He holds a prestigious degree of Sahahadatul Almiya Fil Uloomal Arabia Wal Islamia from "WIFAQ Ul Madaris Al Arabia Pakistan," which holds recognition by both the "Higher Education Commission Pakistan" and the "University of Karachi" as being equivalent to an M.A in Arabic / Islamic studies.
His profound expertise in Islamic jurisprudence and Islamic laws has been further enhanced through a specialized Takhassus-Fil-Fiqh / Ph.D. equivalent certification from the renowned Islamic Institution, Jamia Darululoom Karachi. with a wealth of knowledge in Islamic Finance, Mufti Farhan is dedicated to providing comprehensive solutions in corporate matters, ensuring compliance with Shariah principles.
Having achieved certification in Accounting and Auditing Shariah Standards from the esteemed Accounting and Auditing Organization for Islamic Financial Institutions (AAOIF) through the centre for Islamic Economics, Mufti Farhan has been instrumental in leading Shariah audits for prominent banking and non-banking Islamic financial institutions. Notably, he has contributed his expertise to auditing institutions such as Dubai Islamic Bank Pakistan, Bank Islami Pakistan Limited, Standard Chartered Bank Pakistan Limited (Islamic), Habib Metropolitan Bank (Islamic), Bank Alfalah (Islamic), United Bank Limited (Islamic), Allied Bank Limited (Islamic), Jubilee life and general insurance WTO, and EFU life and general insurance WTO on behalf of "KPMG Taseer hadi & Co."
Beyond his financial expertise, Mufti Farhan has been actively associated with various Halal Certification Bodies, including SGS Pakistan, where he has excelled as a lead auditor. Conducting more than 300 halal audits across diverse sectors such as Food, Slaughtering, Pharma, Biochemical, Cosmetics, and Chemical Industry, he has consistently upheld the principles of halal compliance.
Mufti Muhammad Farhan Farooq's comprehensive knowledge, unwavering commitment to Shariah principles, and extensive experience in Islamic finance make him a distinguished expert and a valuable asset to any organization seeking professional guidance and counsel.
Muhammad Sohaib Jawed
Muhammad Sohaib Jawed is a seasoned veteran with over seven years of hands-on Sharia compliance consultancy experience in diverse organizations, ensuring their adherence to Sharia Laws. Currently serving as the Senior Patient Welfare Officer in the Sharia Department at The Indus Hospital, Karachi, he takes charge of various responsibilities, including Sharia compliance assessment for patients, documentation for utilization of funds regarding Zakat and Donations, and providing financial aid recommendations.
In addition to his role at The Indus Hospital, Muhammad Sohaib Jawed is an esteemed Sharia Board Member at the Islamic Medical Learners Association (Patel Hospital, Karachi), where he guides all Sharia-related matters for medical practices, develops a comprehensive Sharia compliance framework, and reviews and approves various materials for conformity with Sharia principles.
He holds the position of Sharia Consultant & Advisor for the Karachi Down Syndrome Program, certifying permissible financial products through Fatwas, conducting Sharia audits, and providing guidance on the institution's social role.
Muhammad Sohaib Jawed serves as the Head of the Sharia Board at the Afzal Memorial Thalassemia Foundation, leading the board and recommending best practices of Sharia compliance laws and policies.
His previous experiences include being the Sharia Coordinator and Patient Welfare Officer at Patel Hospital, Karachi, where he efficiently managed Zakat and Donation funds, advised on appropriate courses of action for patients, and facilitated the acquisition of help from relevant institutions or departments.
Education-wise, he holds an MBA in Islamic Banking & Finance, a Post Graduate Diploma in Islamic Banking and Takaful, as well as Takkhassus and Shahadat-E-Almia qualifications from renowned institutions in Karachi.
With an impressive track record and a profound understanding of Sharia compliance, Muhammad Sohaib Jawed is a valuable asset to any organization seeking to align their practices with Sharia Laws.