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The consultancy provides assistance in the fields of concepts and operations to financial institutions.

Some of the areas that the Institute covers include:

  • Preparing feasibility studies for the establishment of Islamic banks and insurance companies;

  • Operation of Islamic banks and insurance companies;

  • Converting a conventional bank into an Islamic bank;

  • Constituting a Shariah Board and specifying its role;

  • Providing Information about Islamic modes of financing and the range of Shariah-compliant services available globally;

  • Providing accurate financial analyses of Islamic banks and institutions.
  • Shariah audit of management process.
  • Independent audit of Shariah compliant financial product