The idea behind establishing IFAAS emerged from the founding partners’ passion to serve the Umma through safeguarding the Islamic financial industry and developing it into an inclusive, viable and efficient financial system.
IFAAS was founded in the UK as an advisory firm dedicated to Islamic finance. From our head office in Birmingham, we started offering our professional services to the world
With our aspiration to grow and serve a larger client base, we crossed the channel to France where we established our Paris office. The office played a lead role in the development of Islamic finance in France and several French speaking countries
IFAAS Bahrain was established as our hub to serve the growing number of clients across the GCC. At this point, we also started providing government advisory solutions to policy makers and regulators
We were awarded the world’s first EFICA (Ethical Finance Innovation Challenge Award) at the Global Islamic Economy Summit in Dubai for our innovative Mudaraba working capital product. The award came with a trophy and US$100,000 cash prize
Having established ourselves as a leading Islamic finance consultancy company in Europe and the Middle East, we opened our Pakistan office to strengthen our global operations and outreach into Asia and southeast Asia
IFAAS Morocco was opened in Casablanca as our fifth office, expanding our core team, and focusing mainly on our growing client base in North and West Africa and strengthening our position as a first-class multilingual service provider
Our journey is only beginning and we aim to continue with our trailblazing projects for decades to come. With our firm belief in Islamic finance and our dedicated team of experts, we are all geared up for the impending challenges ahead