In addition to normal audits, Lotus Capital subjects itself to a regular Shari'ah review of operations carried out by an independent Shari'ah Advisory Board. This review certifies that no funds are used for prohibited activities and also guides the development of new products and services. The members of the Shari'ah Advisory Board are Islamic scholars well versed in Islamic laws, principles and traditions relating to trade, finance and economics. The Shari'ah Advisory Board confirms whether, in their opinion, current and proposed investments are acceptable from an Islamic perspective.

Professor Dr. Monzer Kahf has over 30 years experience in Islamic finance, banking and economics. He is currently Professor of Islamic finance at the MSC program in the Qatar Faculty of Islamic Studies. He has been a private Consultant, Professional Trainer and Lecturer, in Islamic banking, finance and economics in practice based in California, USA. He also has over 14 years experience as an Economist, Senior Economist and finally Head of the Research Division of the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IDB), Jeddah, Saudi Arabia between 1985 and 1999.

Professor Dr. Kahf provides professional training and consultations to international and national banks, finance and investment institutions and specialists, legal advisors, etc. in the area of Islamic finance, banking and economics. He also provides expert opinions to courts in disputes related to Islamic finance.

Over the years, his training programs have been evaluated top by both participants and training companies he has worked with. He has developed several training modules in Islamic banking and finance, Zakah, Trusts (Awqaf) and Islamic economics in general that he offers directly to financial institutions as in-house training or through reputed training companies such as Euromoney, Islamic Finance Training, Terrapinn Financial Training, Advance Studies and Training Centre and others. His training experience with different training companies spans across USA, Canada, UK, Switzerland, Germany, Turkey, Egypt, South Africa, Trinidad and Tobago, Kuwait, United Arab Emirates, Bahrain, Iran, Malaysia Indonesia and Singapore.

In addition to his experience as a lecturer, he also served as a Professor of Islamic Economics and Banking in the graduate program of Islamic economics and banking, School of Shari'ah, Yarmouk University, Jordan.

He has written 28 books and presented over 91 published articles (both in English and Arabic) on Trusts (Awqaf), Zakah, Islamic finance and banking and other areas of Islamic economics, in conferences and seminars across North America, Europe, Africa, Asia and the Middle East.

Dr. Kahf holds a Ph.D in Economics from the University of Utah, Salt Lake City, Utah, March 1975, a High Diploma in Social and Economic Planning, UN Institute of Planning, Damascus, Syria, 1967 and also a B.A, Business from University of Damascus, Damascus, Syria, June 1962 which earned him the President of Syria Award for best University Graduating Student, July 1962. Dr. Kahf was also awarded the Islamic Development Bank (IDB) Prize for Islamic Economics in 2001. He speaks English, Arabic and French.

Professor Muhammad Bashar is the Head of the Department of Economics, Usman Dan Fodio University, Sokoto. He is a well-published, prolific writer. He has a B.A. (Hons.) Economics, from Jamia Millia Islamia, New Delhi, an M.A. (Economics) from Jawaharlal Nehru University, New Delhi, a Ph.D. (Economics) from Usman Dan Fodio University, Sokoto, a Certificate in Arabic and Islamic Studies from University of Medina at Sokoto and a Certificate in Arabic from Usman Dan Fodio University, Sokoto.

He studied the following courses at graduate level; Advanced Macroeconomics, Fiqh (Islamic Jurisprudence) for Economists, Development Economics, Islamic Banking and Finance and Public Finance. He is proficient in Hausa, English, Hindi and Arabic.

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