Majid Dawood
Majid is an experienced financial services professional. He has
been a key individual in the establishment of Yasaar Limited, the
first Shariah compliance services company. Majid’s role as
chief executive of Yasaar is to offer, together with Yasaar Limited’s
Board of Shariah scholars, global cost-effective Shariah assistance
to financial institutions. Yasaar does this by reviewing financial
product structures and advising and supporting financial institutions
in the amendments that may be required in order to achieve Shariah
compliance.
Majid
is a director of BRR Investments, set up in the early 1980s with
shareholders including Robert Fleming and the International Finance
Corporation, who are the managers of the first and largest Islamic
leasing company in Pakistan. Prior to setting up Yasaar, Majid held
the position of country representative for Credit Lyonnais Securities
(Asia) Ltd as well as capital markets consultant to Credit Lyonnais
and Jardine Fleming, advising on privatisation and capital market
issues.
Majid
is a well known and much sought after speaker on Islamic finance
and Shariah, having presented on these topics globally as well as
having written numerous articles for industry journals. In 2004,
Majid was presented the Deloitte & Touche award for the most
innovative Islamic finance product for the Caravan 1 Sukuk. Under
his leadership and guidance in December 2007 Yasaar was voted ‘The
Best Islamic Finance Advisory Firm’ by the readers of Islamic
Business & Finance magazine. Majid holds a BA (Economics) from
the University of Massachusetts.
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