Omar is a Fellow member of the Institute of Chartered Accountants
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Omar is a Fellow member of the Institute of Chartered Accountants
Omar is a Fellow member of the Institute of Chartered Accountants of Pakistan (ICAP). Omar is a Partner at Ernst & Young Ford Rhodes Sidat Hyder - A member firm of Ernst & Young in Pakistan, heading their Islamic Financial Services Group for Pakistan & Afghanistan. [He will be shortly joining AAOIFI as Assistant Secretary General – Accounting & Auditing.] Omar’s key area of expertise is assurance and advisory services to Islamic financial institutions, including Islamic accounting advisory, Audits, Shariah Audits, Corporate Finance Advisory, Structuring of Shariah Compliant Transactions, Accountancy and Financial Reporting, Islamic Finance Training, Financial Modelling, Risk Management & Development and Review of Manuals and Systems. He is author of two books on Islamic finance, namely “Managing Finances - A Shariah Compliant Way” and “Islamic Microfinance Bank : Working Model” (in Urdu). Omar is a member (ex-chairman) of ICAP's committee responsible for development of Islamic financial accounting standards for Pakistan and also a member of Insurance Committee leading the accounting regulations development for Takaful. He was a member of Securities & Exchange Commission of Pakistan (SECP) Shariah Board and part of the committee for revision of Takaful Rules, besides being part of several committees and task forces of the State Bank of Pakistan. He is advisor to Saudi Organization for Certified Public Accountants (SOCPA) on Shariah issues concerning IFRS adoption. He has contributed several articles in various newspapers and journals, and papers in conferences and is also a regular trainer and speaker on various forums on topics related to Islamic finance including forums like the State Bank of Pakistan, universities and professional bodies.