We're committed to Shariah Law

Compliance with Islamic Shariah principles is at the forefront of Tabby's values and are upheld in accordance with Shariah Laws.

How does Tabby ensure Shariah compliancy?Tabby set out to build a more rewarding relationship with money by empowering people to reach financial freedom while advocating responsible and ethical spending habits. We rely on Shariah principles as our reference and guide to commit to our mission and values. Tabby regularly seeks legal and Islamic counsel to adhere to Shariah principles in our core services.

We are committed to complying with Shariah governance practices, such as (but not limited to), the establishment of a Shariah Committee, independence of pronouncement, administration of Shariah audit and Shariah reporting.

To achieve this, we have appointed Shariyah Review Bureau (“SRB”) to help us adhere to the best practices and guidelines on Shariah governance. In this role, SRB will facilitate Shariah related discussions, product research, and Shariah reporting while working with the head of functions to augment Shariah principles and rulings at different levels of the organization. SRB will also help ensure that the members of the Shariah Committee operate with independence and autonomy and warrants effective decision-making and Shariah assurance practices.
Shariah committeeFor the purpose of effective Sharia governance and
supervision, two renowned and qualified Sharia scholars
have been assigned. The Sharia Committee independently issues
pronouncements, and these rulings are binding onus.
The names of the Sharia Committee members are provided below:
Dr Salah Fahad Al Shalhoob

Shaikh Salah is a Sharia scholar who procured his PhD from Edinburgh University (UK) and Masters from Al Imam University (KSA). He has led a broad range of engagements in the US, Europe, and the GCC, focusing on banking and investment products, real-estate acquisitions, Islamic, Insurance management, listed securities, and private equity fund. His product based experience spans sukuks, home mortgages, leasing, SME Financing and asset management transactions. He is currently a faculty member at the Saudi Electronic University, Riyadh. Before that, he was a faculty member and director of the Islamic Banking and Finance Center at King Fahd University of Petroleum and Minerals in Dhahran.

Sheikh Muhammad Ahmad

Shaikh Muhammad has over 10 years of experience as a Shari’a consultant and academic in various parts of Islamic finance.

He has worked predominantly in the financial services along with retail and investment banking and has expertise in corporate advisory and real-estate funds. Sheikh Muhammad works extensively with leading global and domestic financial institutions across the GCC. His work ranges from redesigning conventional Sukuk, organizational structures of funds in the banking, insurance and private equity sector. He procured his Masters (A’alamiyah) in Fiqh and Usool ul Fiqh from Jami’ah Ahsan Ul Uloom and procured Bachelors in Islamic sciences from Jamia Dar-ul-Uloom.

About Shariyah Review Bureau
About Shariyah Review BureauShariyah Review Bureau (SRB) is a Middle East-based firm with an international scholarly platform of +37 scholars covering 4 major school of jurisprudences and spreading over 16 countries including Saudi Arabia, Bahrain, UAE, Malaysia, Pakistan, UK, Germany and Russia. SRB is licensed and regulated by the Central Bank of Bahrain and has been serving the Islamic financial industry for almost 20 years and is committed to empowering Sharia compliance for businesses around the world.
Tabby FZ-LLC, In5 Tech, Dubai Internet City