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SHARIA AUDIT & ADVISORY

In today’s evolving Islamic finance landscape, Sharia compliance is not just a regulatory requirement – it’s a competitive advantage. At Corporate General Solution (Pvt.) Ltd., we provide end-to-end Sharia audit and advisory services to ensure your financial operations, products, and transactions adhere to Islamic principles and global Sharia standards. Our team of certified Sharia scholars and Islamic finance experts delivers comprehensive, practical, and audit-ready solutions for banks, financial institutions, and businesses operating under Islamic frameworks.

SHARIA AUDIT & ADVISORY SERVICES SUMMARY

Advisory for Islamic Banking, Takaful & Islamic Financial Markets Non-Banking Financial Institutions, Modaraba Companies & Corporate Sector, Commercial & Real Estate Sector, Hospitals & Non-Governmental Organizations (NGOs), Religious & Academic Institutions, and Halal Food Industry Performance.

  • Trainings for CSAA (Certified Shariah Advisor and Auditor, AAOIFI) Preparation Course, Post Graduate Diploma in Islamic Banking and Takaful, Certified Takaful Professional, Islamic Finance Accountancy Professional , Shariah Advisor Development Program (Corporate Sector), Professional Shariah Compliance Auditor, Wealth Management from a Shariah-Centric Approach, Private Equity & Venture Capital Investments, Ethical EthicalMarketing & Advertising, Human Development (Resource) Management, Import and Finance Sukuk Structuring, Professional Zakat Management System, Halal Food & Halal Management System.
  • Advisory for Formation of Shariah Boards Structuring, Shariah-Compliant Transactions, Shariah Compliance Auditing and Supervision, External Shariah Review Services, Conversion to Shariah-Compliant Financial Institutions, Formation of Shariah-Compliant Institutions, and Professional Zakat Calculation Services.
Our Sharia Audit & Advisory Services
Why Choose Our Sharia Audit Services?
Ensure Authentic Sharia Compliance

Frequently Asked Question

Need product-specific Sharia certification? Preparing for SBP inspection? We provide targeted solutions!

We are aiming to answer your inquiries to facilitate you.

A Sharia Audit is an independent review of financial and business operations to ensure compliance with Islamic principles (as per AAOIFI, IFSB, and local Sharia board guidelines).

  • Islamic Banks & Financial Institutions

  • Takaful (Islamic Insurance) Providers

  • Sukuk Issuers & Islamic Funds

  • Halal-Certified Businesses (e.g., food, cosmetics)

  • Avoids Riba (Interest) & Gharar (Uncertainty): Ensures transactions are halal.

  • Investor Confidence: Attracts Islamic investors and customers.

  • Regulatory Requirement: Mandatory for Islamic financial institutions.

  • Financial Products (Murabaha, Ijara, Mudaraba)

  • Operational Processes (Profit distribution, purification of income)

  • Documentation (Contracts, disclosures)

  1. Planning (Scope, Sharia standards)

  2. Fieldwork (Sample testing, interviews)

  3. Reporting (Findings, recommendations)

  4. Follow-up (Compliance verification)

  • Annual audits (Standard for Islamic banks)

  • Quarterly reviews (For high-risk products)

  • Fatwa Compliance: Ensuring products meet Sharia board approvals.

  • Product Structuring: Designing Sharia-compliant financial instruments.

  • Sharia Governance Framework: Policies, training, and board setup.

Yes! We assist in:
✔ Selecting qualified scholars
✔ Defining SSB roles & responsibilities
✔ Drafting governance policies

Yes, customized programs on:

  • Basics of Islamic Finance

  • Sharia-compliant accounting (AAOIFI standards)

  • Anti-Money Laundering (AML) in Islamic finance

  • AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions)

  • IFSB (Islamic Financial Services Board)

  • Local Central Bank Guidelines (e.g., BNM, SAMA, CBUAE)

We recommend:
✅ Income purification (Donating non-halal earnings)
✅ Contract revisions (To meet Sharia requirements)
✅ Retraining staff (To prevent recurrence)

Absolutely! We help with:
✔ Structure selection (Ijara, Musharaka)
✔ Documentation (Prospectus, Sharia certificates)
✔ Post-issuance compliance

  • Retainer-based (For ongoing advisory)

  • Project-based (For audits, product launches)

✅ Certified Sharia Auditors (AAOIFI, CIPA, ISRA)
✅ Global Experience (Middle East, Southeast Asia, Africa)
✅ End-to-End Solutions (Audit + Advisory + Training)

Partner with CGS for Transformation That Lasts!

Contact CGS today to learn how we can reshape your business for the better.

FOR FURTHER INQUIRY

(+92) - 321 - 6680065

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