London – 15/01/2018
For Immediate Release
Mufti Faraz Adam joins Ummah Finance as a Shariah Advisor
Ummah Finance is proud to announce the appointment Mufti Faraz Adam as a Shariah Advisor.
Mufti Faraz has a wide range of experience in the Islamic Finance sector and advises companies such as National Zakat Foundation, Gateway Law, and Shariyah Review Bureau.
Ummah Finance was established in November 2016 and is part of a new wave of FinTech companies seeking to challenge the established banking industry. The company is intending to launch its range of mobile retail products during the first half of 2018.
Ummah Finance’s CEO, Hassan Waqar, said: “We have very ambitious plans to reconfigure the way Islamic finance products are provided to the public and our appointment of Mufti Faraz Hanif Adam is indicative of our desire to have an integrated holistic approach to the Islamic economy and wider community”.
Mufti Faraz Hanif Adam, said “I am delighted to be part of such a young, experienced and talented team of entrepreneurs who are building the first digital Islamic Bank which meets the demands of the millennials. I look forward to working with Ummah Finance and be part of a revolutionary change in the Islamic Banking sector.”.
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