The World’s First Professional Practice Exclusively Dedicated to Shariah Audit
ABOUT US
Founded in the UK, we provide independent Shariah audit solutions to institutional clients worldwide across key sectors of the Islamic finance industry and the broader Halal economy:
Banking and Finance
Investment and Wealth Management
Insurance and Re-Insurance
Development and Social Finance
FinTech and Web3 Platforms
Halal-Focused Corporates and Businesses
VISION AND COMMITMENT
Independence Matters
Traditional modus operandi that combines Shariah audit with advisory roles risks conflicts of interest. Hence, Shariah Audit Group was founded to lead the next phase of Shariah Governance through independent, specialist Shariah assurance aligned with industry standards and global best practices
As the world’s first practice exclusively dedicated to Shariah audit, we provide no advisory or certification services and hold no overlapping roles with clients. This unique model minimises conflicts of interest and strengthens the credibility of Shariah governance across Islamic finance and the wider Halal economy
Our Commitment
Minimise conflicts of interest through an exclusive Shariah audit model
Advocate compliance with Shariah and Governance Standards of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)
Elevate Shariah audit beyond simplistic tick-box exercises to value-adding assurance
Cultivate the next generation of expert Shariah audit professionals
LEADERSHIP AND EXPERTISE
Najib Al Aswad
Founder and Managing Partner
Najib is a UK-based Islamic finance specialist with over 15 years of rich and diverse expertise. Throughout his career, he has led numerous pioneering consultancy projects and Shariah audit engagements in 50+ countries. Central to Najib’s professional journey is Shariah audit, where he has led and conducted Shariah audit assignments for multiple institutions in banking and finance, development and social finance, asset management, insurance and re-insurance, FinTech, and others, across Asia, Africa, Europe, and North America
Supported by a trusted network of Shariah audit specialists and consultants, Najib leads the Shariah Audit Group to achieve its strategic vision and commitment to the industry
OUR SHARIAH AUDIT AND ASSURANCE SOLUTIONS
We offer a specialised suite of Shariah audit and assurance services designed to meet diverse institutional needs:
Outsourced Internal Shariah Audit
Independent Shariah audit provided as an outsourced function to support an organisation’s internal Shariah governance and compliance framework
External Shariah Audit
A comprehensive external examination of an organisation’s activities to assess compliance with the defined Shariah audit criteria and provide an additional independent layer of assurance
Agreed-Upon Shariah Audit Procedures
Tailored Shariah audit engagements focusing on providing assurance on specific Shariah compliance areas within an organisation, or certain instruments, products, or systems