Jun 15, 2014

Sharia Advisor

Islamic financial adviser’s representative” means an individual, however styled, in the direct employment of, acting for or by arrangement with an approved Islamic financial adviser, who performs for the Islamic financial adviser any services relating to Islamic financial advisory business;

“Islamic financial advisory business” means any of the following:

(a) analyzing the financial planning needs of a person relating to a takaful product;

(b) recommending an appropriate takaful product to a person;

(c) sourcing a takaful product from a licensed takaful operator for a person;

(d) arranging of a contract in respect of a takaful product for a person; or

(e) such other business, service or activity in relation to a financial service.

Source : IFSA 2013 

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