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  • Comment: It is pointless to keep on editing this, it has been rejected and will not be considered further. Theroadislong (talk) 14:39, 15 October 2024 (UTC)
  • Comment: There is absolutely no evidence, or even any real suggestion, of notability, despite multiple previous declines. For this reason, I have rejected this draft, to avoid further reviewer effort being expended on it.
    Besides all that, the draft remains practically unreferenced, as well as promotional, and the author clearly has a conflict of interest, which has not been appropriately disclosed. DoubleGrazing (talk) 10:04, 3 October 2024 (UTC)
  • Comment: Large portion of this submission is unsourced. Please see WP:GNG and WP:ANYBIO, and demonstrate notability accordingly. Hitro talk 09:29, 3 October 2024 (UTC)

Majid Siddique Dawood
BornNovember, 1947
Bantva, Gujrat, India
CitizenshipNaturalised British
EducationSt. 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 active1970 - Present
Organization(s)Yasaar Limited, Yasaar Research
Known forIslamic Finance, Capital Markets, Innovation, Author
SpouseAngela Dawood (M: 1992 - Present)

Susan Dignan (M: 1986 - 1989)

Yasmeen Latif (M: 1974-1980)
ChildrenMikayl & Samya Shezad Dawood
Parents
  • Siddique Dawood (father)
  • Haifa Dawood (mother)
FamilySiblings - Dr Farooque Dawood; Rafique Dawood; Farida Rokadia Dawood Family
Websitehttps://www.yasaar.org/home.php,

Majid Siddique Dawood

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Summary

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Majid Dawood. 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.[1][1]*, 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

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Majid Dawood was born in India post partition and his family emigrated to Pakistan. In Pakistan, Majid attended St Patrick's High School in Karachi, until the age of 15.

At age 15 he was sent to boarding school at St Peter’s in York[2], 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.[3] 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

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Majid Dawood began his career in finance, focusing on risk management and compliance.

Recognizing the growing demand for Shariah-compliant financial services, Majid 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.

In 2008, Majid opened Yasaar's offices in Brunei [2].

Under Majid 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.

In 2007, Majid Dawood negotiated a partnership with FTSE Russell FTSE Indices, which, after more than a decade, continues to provide Shariah compliant stock screening services to Global FTSE Indices, specifically the FTSE Global Equity Shariah Index Series. In honour of this relationship, in 2023, FTSE Indices renamed their Global Shariah Compliant Index to FTSE Yasaar Global Equity Shariah Index Series

Contributions to Islamic Finance

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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.

Majid 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.

Throughout his career, Majid has been asked to contribute to a number of conferences, interviews, publications and authored a number of articles (both as an individual and also as a team).

In October 2008, Majid Dawood was invited The International Islamic Finance Forum to speak about Growth in Islamic Finance in New markets like Climate Change, Sustainability, Green investment[4]. The forum was held in Istanbul, Turkey.

One of the publications who Majid was asked to contribute to was the Harvard University Forum on Islamic Finance, Islamic Finance after the Global Financial Crisis, a joint article written with Huma Sodher (Page 69)[5] in 2012. In the publication, Majid Dawood has been described as an experienced financial services professional, establishing Yasaar Limited, the first Shariah compliance services company. They also mention that he as won a number of awards, including Deloitte and Touche award for most innovative Islamic Finance Product for Caravan Sukuk 1 in December 2007 and again in January 2009 (Page 313 to 314).

One of Majid's major contributions is to enhance Shariah Scholarship in Islamic Finance. In August 2009, Majid was interviewed by The Institute of Islamic Banking and Insurance (IIBI) regarding Shariah scholar training and the demand for Shariah scholars in the Islamic Finance industry[6] and Demand for Shariah Scholars[7].

In March 2010, Majid was invited by Harvard University to be part of a panel discussion looking at Recovering from a Recession[8], for their Ninth Harvard University Forum on Islamic Finance.

In January 2020, Majid was asked by White and Cross to be the guest speaker at their 5 th Annual Islamic Finance Seminar, where he discussed opportunities for Islamic Finance in relation to climate change through Green bonds and sustainability[9]

In January 2022, The Halal Times (a digital only media platform publishing news and views about global Halal, Islamic Finance and other sub-sectors in the global Islamic economy), invited Majid Dawood for an interview regarding the Role of Islamic Finance in Boosting trade.[10]

Philanthropy and Advocacy

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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.

Majid is a Trustee at the Festival of Muslim Cultures ( the Patron of the Festival of Muslim Cultures is King Charles lll, and the International Patron is Princess Haya of Jordan). Majid is also a member of the Founders Circle of the British Asian Trust

Personal Life

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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. Majid home residence is London, England.

Recognition and Legacy

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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. His requests for writing articles, talking at conferences and the influence he has shown in pushing Islamic Finance forward has been recognised by the industry.

Reference

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  1. ^ "Yasaar | Website". www.yasaar.org. Retrieved 2024-09-19.
  2. ^ "Welcome to Admissions | St Peter's School". www.stpetersyork.org.uk. Retrieved 2024-09-19.
  3. ^ Boston, UMass. "UMass Boston". www.umb.edu. Retrieved 2024-09-19.
  4. ^ "13 – 16 OCTOBER 2008 – ISTANBUL : "ISLAMIC FINANCE FORUM – NEW MARKETS" – ASSAIF". Retrieved 2024-10-15.
  5. ^ Ali, S. Nazmi (2012). "Building Bridges Across Financial Communities, The Global Financial Crisis, Social Responsibility, and Faith-Based Finance" (PDF). Harvard University Forum: Page 69, Pages 313 to 314.
  6. ^ IIBILondon (2012-01-03). Shari'ah Scholars Training | Mr Majid Saddique Dawood, CEO Yasaar Limited. Retrieved 2024-10-15 – via YouTube.
  7. ^ IIBILondon (2012-01-30). Demand for Shari'ah Scholars | Mr Majid Saddique Dawood, CEO Yasaar Limited. Retrieved 2024-10-15 – via YouTube.
  8. ^ Ninth Harvard University Forum on Islamic Finance, Building Bridges Across Financial Communities March 27th, 2010, Page 2 https://muslimcreditunionmembers.ca/wp-content/uploads/2021/06/2010-Ninth_Forum_Program.pdf
  9. ^ seminar "White and Case". January 2020. {{cite web}}: Check |url= value (help)
  10. ^ "The Role of Islamic Finance in Boosting Trade:". January 2022.