User:Omar Azami/sandbox
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Majid Siddique Dawood | |
|---|---|
| File:Yes | |
| Born | November, 1947 Bantva, Gujrat, India |
| Citizenship | Naturalised British |
| Education | St. Patrick's High School, Karachi, Pakistan; St Peter's School, York, England; University of Massachusetts, Boston, USA, BA Economics |
| Occupation(s) | Businessman, Investor, Entrepreneur & Philanthropist |
| Years active | 1970 - Present |
| Organization | Yasaar Limited |
| Known for | Islamic Finance, Capital Markets, Innovation, Author |
| Spouse | Angela Dawood (M: 1992 - Present)
Susan Dignan (M: 1986 - 1989) Yasmeen Latif (M: 1974-1980) |
| Children | Mikayl & Samya Shezad Dawood |
| Parents |
|
| Family | Siblings - Dr Farooque Dawood; Rafique Dawood; Farida Rokadia Dawood Family |
| Website | https://www.yasaar.org/home.php, www.dawood.com |
Majid Siddique Dawood
[edit]Summary
[edit]*Majid Dawood.[1]* is a British businessman and entrepreneur of Pakistani/Indian origin, known for his contributions to Islamic finance and risk management.
He is the founder and CEO of *Yasaar Limited[2]*, a pioneering advisory firm that specialises in providing Shariah compliance services to Islamic financial institutions. Majid Dawood has played a crucial role in bridging the gap between traditional Islamic principles and modern financial practices.
Early Life and Education
[edit]Majid Dawood was born in India post partition and his family emigrated to Pakistan. At age 15 he was sent to boarding school at St Peter’s in York[3], the oldest public school in the United Kingdom. He has spent a large portion of his life in the United Kingdom.
He completed his education in the UK and got a BA in Economics from the University of Massachusetts in Boston.[4] After spending his early formative life in many business activities, he later developed a keen interest in finance and business. His diverse cultural background and education provided him with a unique perspective on integrating Islamic principles into the global financial industry.
Business Career
[edit]Majid Dawood began his career in finance, focusing on risk management and compliance.
Recognizing the growing demand for Shariah-compliant financial services, Dawood founded *Yasaar Limited* in 1998. The company provides Shariah advisory services to institutions seeking to operate in compliance with Islamic law, particularly in banking, insurance (takaful), asset management, and capital markets. Yasaar Limited has since become one of the leading firms in the field, advising clients across the Middle East, Asia, and Europe.
Under Dawood's leadership, Yasaar has expanded its services to offer consultation on ethical and socially responsible investing, aligning Islamic financial principles with global trends in sustainable and responsible investing.
Yasaar with its partnership with FTSERussell FTSE Indices, part of the London stock Exchange Group continues to provide Shariah compliant stock screening services to the FTSE, Indices, specifically the FTSE Yasaar Global Equity Shariah Index Series[5]
Contributions to Islamic Finance
[edit]Majid Dawood is recognized as a key figure in the Islamic finance industry for his work in promoting transparency, risk management, and ethical practices. He has contributed to the development of Shariah-compliant financial products and services, facilitating the growth of Islamic finance as a globally recognized alternative financial system.
Dawood has also been an advocate for the standardization of Islamic finance practices, working with scholars and financial experts to ensure that products are compliant with Islamic principles while being competitive with conventional financial products.
Philanthropy and Advocacy
[edit]In addition to his work in finance, Dawood is known for his philanthropic efforts and advocacy for education in underprivileged communities. He supports various charitable initiatives aimed at improving access to education and healthcare, particularly in developing countries.
Trustee; Festival of Muslim Cultures (Patron King Charles lll, International Patron Princess Hana of Jordan)
Personal Life
[edit]Majid Dawood is a family man who divides his time between the UK and the Middle East. He is also a frequent speaker at international conferences and forums on Islamic finance, risk management, and ethical investing.
Recognition and Legacy
[edit]Majid Dawood's contributions to Islamic finance have been widely recognized, and he continues to be a leading figure in the industry. Through his work, he has helped shape the modern landscape of Shariah-compliant financial services, making them more accessible and appealing to a global audience.
Further Readings/Viewings
[edit]Islamic Finance after the Global Financial Crisis:
Catalog of Mr. Majid Dawood’s Donation (Year 2015):
Islamic Investment Banking, Emerging Trends, Developments and Opportunities
Current Issues in Islamic Banking and Finance: Resilience and Stability in The Present System (Into)
The Role of Islamic Finance in Boosting Trade
Reference
[edit]- ^ Azami, Omar (Linked In). "Majid Dawood Linked In Profile".
{{cite web}}: Check date values in:|date=(help)CS1 maint: url-status (link) - ^ "Yasaar | Website". www.yasaar.org. Retrieved 2024-09-19.
- ^ "Welcome to Admissions | St Peter's School". www.stpetersyork.org.uk. Retrieved 2024-09-19.
- ^ Boston, UMass. "UMass Boston". www.umb.edu. Retrieved 2024-09-19.
- ^ Azami, Omar (FTSE Website). "Yasaar Global Shariah Indices".
{{cite web}}: Check date values in:|date=(help)CS1 maint: url-status (link)