Sharia Commitment
Our Commitment to
Core Principles
At Quara Finance, we are dedicated to Shariah compliance, ensuring that every financial service we provide aligns with and upholds the highest standards of Islamic principles.
Our Commitment
We are deeply committed to upholding the principles and ethics outlined by Sharia law. Our goal is to create financial solutions that align with the values and beliefs of the Islamic community, ensuring that every aspect of our operations respects and adheres to the highest standards of Sharia compliance.
Commitment to Transparency
Transparency and fairness are at the heart of our operations. We focus on clear communication, simple contract terms, and ethical practices that foster trust and support lasting partnerships.
Riba-Free Financial Products
Quara Finance offers financial solutions in line with Islamic principles. We provide asset-based financing models, ensuring fair and mutually beneficial outcomes for all involved.
Shariah Supervisory Board
We work closely with a renowned board of Sharia scholars who offer expert oversight and guidance to ensure all our products and services strictly adhere to Islamic principles. This involves regular audits, thorough assessments, and ongoing updates to maintain compliance and strengthen client trust.
Benefits for You
We are deeply committed to upholding the principles and ethics outlined by Sharia law. Our goal is to create financial solutions that align with the values and beliefs of the Islamic community, ensuring that every aspect of our operations respects and adheres to the highest standards of Sharia compliance.
Aligned with Your Values
Our financial products seamlessly blend your financial goals with your moral and ethical commitments, ensuring they resonate with your beliefs and values.
Continuous Innovation and Compliance
We create modern financial products within Sharia law, driven by ongoing research, scholarly collaboration, and advanced financial technologies.
Shariah-Compliant Assurance
Rest assured that all our financial activities align with Islamic principles.
Shariah Review Bureau
The Sharia Review Bureau is a premier authority offering expert Sharia advisory, auditing, and certification to ensure financial practices align with Islamic law. By partnering with the Sharia Review Bureau, Quara Finance guarantees that all its products and services uphold rigorous Sharia standards.
SHARIAH REVIEW BUREAU WEBSITE 
Mohammed Abdullah Bu Tayban
Chairman of the Sharia Committee
Mohammed Abdullah Bu Tayban is the Chairman of the Sharia Committee, with a distinguished background in comparative jurisprudence and legal advisory. He holds a PhD in Comparative Jurisprudence (2014) and a Master’s in Comparative Jurisprudence (2006) from the Higher Judicial Institute in Saudi Arabia, along with a Bachelor’s in Sharia from the College of Sharia at Imam Muhammad bin Saud Islamic University (1999). Additionally, he earned a Fellowship in Legal Advisory from the Scientific Society of Judiciary in 2022.
His professional experience includes serving as Vice President of the Rasou Association for Personality Building and Partnerships Supervisor at the Mutab bin Abdulaziz Al Saud Foundation, both starting in 2024. From 2019 to 2022, he chaired the Waqf Committee at the Chamber of Commerce, and from 2015 to 2022, he was the Executive Director of the Baqaa Endowment Foundation.
Mohammed’s board memberships include his current roles as a Member of the Sharia Committee at Al-Riyadh Bank and Khazana Financing Company, both beginning in 2024.
Mansour Ali Alqudah
Member of the Sharia Committee
Mansour Ali Muhammad Alqudah serves as a Member of the Sharia Committee with extensive expertise in Islamic economics and banking. He holds a PhD in Islamic Economics and Banking (2009), a Master’s in Islamic Economics (1998), and a Bachelor’s in Islamic Jurisprudence and Studies (1995), all from Yarmouk University, Jordan.
His professional experience includes his current role as Head of the Sharia Department and Internal Sharia Auditor at Bank Nizwa in Muscat, Oman, since 2017. Previously, he served as Assistant Director of the Sharia Group and Manager of Policy and Procedure Control at Alinma Bank in Riyadh, Saudi Arabia, from 2008 to 2017, and worked with the Islamic International Arab Bank – Dallah Al Baraka Banking Group in Jordan from 1999 to 2008.
Mansour also holds board memberships as a Member of the Sharia Committee at Sulfa Financing Company since 2023 and as a member of the Siraj Educational Endowment Institution in Oman starting in 2024.