| Rokiah Mahmud |
AN ISLAMIC Finance holding company, Yasaar Group, announced that it will launch an office in Bandar Seri Begawan under the name Yasaar Advisory Services (B) Sdn Bhd.
According to a press statement, Yasaar UK, an independent firm based in London, was founded by seasoned Financial Services Professional and CEO Majid Dawood.
The firm offers unparalleled Islamic finance and Syariah compliance services to various institutions and regulatory authorities worldwide.
Majid Dawood said that Yasaar Group is very optimistic about the significance and prospect of Islamic finance in Brunei Darussalam.
“Yasaar wants to integrate into the Islamic finance eco-system by partnering with Brunei’s financial institutions, related intermediaries and key stakeholders for the long term,” said Majid Dawood.
Yasaar Advisory Services in Brunei is headed by former Islamic banker and private equity professional Aidil Salleh.
Aidil explained that he is delighted to have a role in the setting up of the first Syariah advisory and consulting company based in Brunei.
“We look forward to contributing in the development of home-grown talents among the local Brunei graduates in various fields of Islamic finance,” added Aidil.
Yaasar Group’s office in Brunei will have a broad Syariah advisory and consultancy mandate to undertake Syariah Certifications, Structuring and Compliance for Equity Funds, Islamic Indices, Framework and Governance, Audit and Review, Waqaf management, Product Structuring, Innovation and Research and development.
Yasaar Advisory Services (B) Sdn Bhd is located at 8th Floor, PGGMB Building, Jalan Kianggeh in Bandar Seri Begawan.