Islamic Finance Advisory
Structuring Shari'ah-compliant financial solutions, governance frameworks and compliance audits.
About Ihsaan Takaful and Financial Services
A Zanzibar consulting firm specialising in Islamic finance, business valuations and feasibility studies - and the international collaboration that extends its reach.
Company overview
Built by people who have carried the responsibility they now advise on
Ihsaan Takaful and Financial Services was incorporated in Zanzibar in 2022 to serve as a premier advisory firm dedicated to Islamic finance, business, wealth management, Islamic capital markets, the Halal industry and business-process re-engineering.
From inception, our mission has been to bridge global standards with local realities, ensuring that institutions, investors and communities benefit from solutions that are both principled and practical.
Our directors bring decades of hands-on leadership across diverse financial ecosystems. Collectively, they have:
- Chaired Shari'ah boards for leading financial institutions.
- Steered a national bank through a full turnaround, restoring stability and growth.
- Conducted audits across various entities, strengthening regulatory oversight.
- Published peer-reviewed research on Takaful and Islamic banking, contributing to global scholarship.
We are not theorists working at a distance. We are practitioners who have navigated the complexities of governance, compliance and institutional transformation firsthand. This foundation enables us to deliver advisory services that are rigorous, context-sensitive and aligned with both Shari'ah principles and international best practice.
Our commitment is to empower organisations in Zanzibar and beyond with strategies that endure — whether structuring SUKUK for infrastructure, designing feasibility studies for new ventures, or guiding boards toward ethical and sustainable governance.
Executive leadership & governance
Our Vision
To become a globally trusted consulting company in Islamic Finance and Business advisory services.
Our Mission
To deliver value addition professional services on Islamic Finance and Business advisory solutions to our customers.
Core expertise
Specialised consulting across Islamic finance and ethical markets
Ihsaan Takaful and Financial Services is not only a consulting firm but a strategic partner in shaping ethical, Shari'ah-compliant financial ecosystems — combining advisory, valuation, wealth management, capital markets and halal industry expertise to help institutions, governments and investors achieve sustainable growth aligned with Islamic principles.
Wealth Management
Tailored investment strategies, zakat planning and ethical portfolio diversification.
Business Valuations
Independent valuations, and valuation for mergers and acquisitions.
Halal Industry Development
Certification, supply chain management and halal ecosystem formulation.
Islamic Capital Markets
SUKUK structuring, Shari'ah-compliant equity and liquidity management instruments.
Core values
Seven pillars that decide how we work
These are not aspirations on a wall. They are the tests we apply when an engagement gets difficult and the easy answer is available.
Quality
Work is delivered to the standard our own professional bodies would apply to it, not to the minimum a client would accept.
Integrity
We say the same thing to the board, the regulator and the client, including when it is unwelcome.
Independence
Our advice is not shaped by a product we are trying to sell you, because we are not selling one.
Commitment
We stay with an engagement until the change is embedded, not until the report is delivered.
Customer Focus
Every recommendation is built around your risk profile, your market and your capacity to execute it.
Professionalism
Certified practitioners, documented methodology, and confidentiality treated as an obligation rather than a clause.
Embracing
We work across schools of thought, jurisdictions and sectors, and we bring partners in when they know more than we do.
Corporate philosophy & governance
How risk, transparency and responsibility are handled
Risk management
Every engagement is scoped against the risks it carries for the client - regulatory, financial, reputational and Shari'ah - and those risks are stated in writing before work begins. Our directors' backgrounds in central bank internal audit, bank turnaround and Shari'ah supervision mean risk is assessed by people who have carried it.
Transparent decision execution
Recommendations are traceable: the data behind them, the assumptions applied, and the alternatives considered are all documented, so a board can interrogate a conclusion rather than simply accept it.
Corporate social responsibility
The firm contributes professional capacity to the community it operates in - advisory support to public institutions on Waqf, Zakat and Islamic social security, and training that raises the standard of financial practice across the region rather than only inside our client list.
Governance
The board behind the practice
Five directors whose credentials are on the public record: a former bank chief executive, two registered Certified Public Accountants, a PhD in Islamic banking and finance, and a globally recognised Shari'ah advisor.
CPA. Juma Amour Mohammed
Chairman
Seasoned banking and finance leader with over 25 years of executive experience as a banker, advisor and consultant.
Full profile
Dr. Abdalla Ussi Hamad
Director
Senior Lecturer at Zanzibar University and a published researcher in Islamic banking, Takaful mechanisms and economic evaluation.
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CPA. Abubakar Mohamed Abubakar
Director
Registered Certified Public Accountant and tax consultant with over 10 years in auditing, tax and financial management.
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Mr. Khalfan Abdallah
Director
Professional banker, trainer and financial consultant; recognised among the Global Leaders in Islamic Economy.
Full profile
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