"Oh you who believe! Fear Allah, and give up what remains of your demand for usury, if you are Indeed believers."

Surah 2, Verse 278

Contact Us : info@ifisa.co.za
Tel :  +27 (0) 31 301 6366
Fax:  +27 (0) 31 301 0642
Sms :+27 (0) 82 55 111 84

Registration for the 3 month Conversational Arabic Course is now open ! Call us for more info (Classes in Durban only)

Do you want IFISA to conduct a workshop in your area ? 
E-mail us or contact us

Visit the International Peace University of Southern Africa :



For Islamic Educational Material for Children, visit :


or contact Zinergy Consultants, the Official Distributor for the Southern African region.

(031) 301 6366








Copyright ©2008
Islamic Finance Institute of Southern Africa(IFISA)
All rights reserved.


Academic Advisory Committee

 Mufti A K Hoosen
 BA (Hons)(RAU)  MA(RAU)  Aalim Fadil(Karachi)

Mufti Abdul Kader Hoosen was born in Heidelberg in 1957. Through the Mercy and grace of Allah Subhanahu wa ta’ala, he completed his hifz in 1970 and went on to complete his Alim course in 1980.

 He completed his Masters studies through Rand Afrikaans University in 1990 and by the year 2000, he had taught and served as Vice Principal of the Newcastle Darul Uloom for twenty years.

 Mufti Abdul Kader Hoosen is the  Mufti of a satellite radio station called Channel Islam International and conducts many programs on air as well, one of the most famous programs being of course : Q & A.

 Mufti Hoosen has attended and completed a course in Islamic Judgery(Qadhi) in Saudi Arabia and has delivered papers at conferences in the Middle East .

He served on the Shariah Advisory board of the Futuregrowth Albaraka Equity Fund for a period. He presently conducts lecture tours internationally. He has delivered lectures in almost every part of Southern Africa, Kenya and Australia

Mufti Hoosen is well-known for his extensive knowledge, particularly in the laws of inheritance and has conducted workshops for professionals, businessmen  and theologians(ulama) in South Africa.

Mufti Muhammad Ashraf Quraishi

Mufti Quraishi is one of the leading Islamic Finance Scholars in the Southern African region. He is the head of Iftaa at Springs Islamic University in South Africa.

He has lectured in Pakistan after graduating from Jamiatul Uloomil Islaamiyah, Binnori Town, Karachi in Pakistan and furthering his studies under the auspices of the Mufti Muhammad Taqi Uthmani, specialising in Islamic Finance.

Mufti Quraishi was instrumental in developing a unique Waqf Fund model for 'Takafol South Africa' that has been acknowledged as a preferred method of practising Takafol internationally.

Mufti Quraishi is part of the following Shariah Boards in South Africa :

Takafol South Africa (Chairman)
Frater Asset Management (Member)
Old Mutual (Member)
ABSA Islamic Banking (Member) 

Mufti Ahmad Suliman    

Mufti Ahmad currently serves on the following Shariah Advisory Boards :

Frater Asset Management
Takafol South Africa

Islamic Investments Malawi