The Sterling Advisory Committee of Experts

Abdulkader Thomas

  • Master of Arts Law and Diplomacy, The Fletcher School of Law & Diplomacy.
  • Bachelor of Arts Arabic & Islamic Studies, The University of Chicago.

Shariah Board Experience:
  • Bank Muscat Meethaq (Since 2013)
  • Sterling Bank Nigeria (Since 2013)
  • University Bank, USA (Since 2006)

Based in Kuwait, Abdulkader has over 35 years of diversified financial services experience in major markets including Bahrain, New York, London, Los Angeles and Washington, D.C. His areas of activity have included trade finance, real estate finance, securities, and alternative finance at various global and regional financial institutions.

As the general manager of a foreign bank branch in New York, he was responsible for securing the first US banking regulatory approvals of alternative financial instruments in the mortgage and installment credit/sale as banking instruments. Later as the founding member of a de novo Client project, he secured US regulatory approval for profit sharing deposits. Abdulkader has been involved in the successful implementation of these products in the US market. He is an authority on Islamic deal structures and securities. Abdulkader has worked on ifta projects in Europe, Africa and Southeast Asia.

He is the co-author of Structuring Islamic Finance Transactions (Euromoney 2005), Islamic Bonds (Euromoney 2004), Sukuk (Sweet & Maxwell 2009), and Managing Funds Flow Risks and Derivatives: Applications in Islamic Institutions (Sweet & Maxwell 2012) and Housing the Nation (Cagamas 2013). He also serves as a director of Alkhabeer Capital in Jeddah. He was chairman and director of Sanabel Investment Co. (formerly Alkhabeer International) in Bahrain. Abdulkader is a member of the international advisory board of the Securities Commission of Malaysia. Abdulkader speaks English, Arabic, French and Spanish.

Abduraheem Imam Sayi

Abduraheem Imam Sayi, born in Nigeria,is a graduate of Usman danfodio university with a LL.B (Combined) Hons. (Common & Islamic Laws),and alsoDiploma in Arabic and Islamic Studies : Institute of Arabic and Islamic Guidance.He is currently the principal partner A.A. Sayi& Co.(Qist Chambers), Presiding Qadi Independent Shari’ah Panel of Lagos State, Partner - In - Chambers, T.A.Dairo& Co.,(Legal Practitioners).

Abubakar Muhammad Musa

Abubakar Muhammad Musa is currently a Sharia a Advisor and a member of Advisory Committee of Experts (ACE) on Non-Interest Banking, NIB, Sterling Bank Plc, Nigeria. He is also a Sharia Advisor and Consultant for SHAPE Knowledge Services a consulting firm based in Kuwait. He has been involved in product development, Sharia research and approval of Islamic banking products for different clients. His work covers retail banking, corporate banking and project finance deals.

Formerly, Abubakar worked as a Sharia Researcher in different units at International Shariah Research Academy for Islamic Finance (ISRA) in Kuala Lumpur, Malaysia. Besides his primary assignments in ISRA, he taught Shariah Rules in Financial Transactions to Chartered Islamic Finance Professional (CIFP) Masters online Students of International Centre for Education in Islamic Finance (INCEIF), Malaysia. He also taught MBA and BBA Students different Islamic Banking and Finance Subjects at University College of Bahrain.

Abubakar holds two Diplomas with distinction, one in Islamic Law and the other in Arabic Language from Al-Imam University Riyadh. He also holds LLB (Hons) degree in Shariah from the same University. He successfully completed his (CIFP) Professional Masters Degree Programme at (INCEIF), Malaysia. He had his internship program on Islamic Banking & Finance at Fajr Capital in Kuala Lumpur. During the programme, Abubakar conducted research relating to product structuring and market development.