Amanah Finance Consultancy Ltd was launched to serve as a platform for service provision and product development in the Islamic finance industry. Amanah Finance Consultancy is directed by Mufti Faraz.
Mufti Faraz Adam has spent almost a decade studying Islamic law. He initially completed his Islamic studies in the six-year Alimiyyah degree at Darul Uloom Leicester. He then went onto specialise in Islamic law and graduated as a Mufti in South Africa at Darul Iftaa Mahmudiyyah, Durban. He super-specialised in Islamic finance during his studies. Upon qualifying from the Darul Iftaa as a Mufti (juriconsult) in 2012, where he was accredited with: Masters of Arts in Islamic Theology with specialisation in Juristic verdicts (Iftaa) and a Diploma in Islamic Finance. Mufti Faraz went onto complete a Master’s Degree in Islamic Finance, Banking and Management at Newman University in 2017. During his studies, he has attained various industry qualifications such as the Certified Islamic Finance Executive (CIFE™) under Ethica and the Islamic Finance Qualification (IFQ) with Chartered Institutes of Securities and Investment. Currently, he is studying ACCA and is working to become a qualified chartered accountant.
Mufti Faraz has been active in Shariah advisory services for a number of years and has written over 5,000 fatawa (religious edicts) with a large proportion regarding Islamic finance. In 2016, he joined National Zakat Foundation in UK where he serves as a Zakat advisor and researcher. He launched Amanah Finance Consultancy as a Shariah consultancy platform. Amanah Finance Consultancy provides global Shariah advisory services to a number of organisations such as Simplyethical, Ethica, Shariyah Review Bureau, iWill Solicitors, Ummah Finance, Gateway Lawyers LLP and others.
He regularly delivers lectures and workshops across UK on different aspects of Islam & specialises in delivering Islamic Finance training. Mufti Faraz Adam is passionate about establishing an economy which upholds justice, equity and growth for all members of society.