Mapping Malaysia's Resource Centres

134 MAPPING MALAYSIA’S RESOURCE CENTRES ZICO SHARIAH ADVISORY SERVICES (ZICO) Introduction ZICO Shariah is a leading Shariah advisory service provider that offers a full suite of services ranging from Islamic finance to family matters. Licensed by the Securities Commission of Malaysia and approved by the Central Bank of Malaysia, ZICO provides Shariah advice that is enhanced by their extensive experience and legal insights in local and cross-border Islamic finance transactions. Given their portfolio, the ZICO team possesses Shariah, finance, business and legal qualifications, and have over a decade of experience in structuring, drafting, advisory and consultation work in relation to Islamic finance. With an extensive domestic client database comprising of regulatory authorities, financial institutions, corporations and individuals, ZICO has also extended its services into Indonesia via its affiliate firm, PT Zahir Syariah Indonesia. Area of Expertise ZICO’s areas of expertise are wide and extensive. This includes advisory on Shariah compliance; regulatory compliance; Shariah advisory for corporations; Shariah governance structure; structuring of Islamic instruments and drafting of legal documentation; drafting of policies, manuals and procedures; law reforms to facilitate Islamic finance; establishment of Islamic operations; monitoring of Shariah compliant funds; Islamic wealth management; Islamic family law; and advisory on halal certification matters. Strengths and Achievements Since its establishment in 2007, ZICO boasts of many achievements. With a deep understanding and knowledge of Islamic financial services in Malaysia and globally, they have been involved in numerous strategic and master planning studies for government and regulatory authorities and multi-lateral institutions. In addition to that, considering that they possess a multi-disciplinary team with strong regional experience and global knowledge, their expertise has been sought to advise international financial centers on enhancing their competitive edge. Furthermore, they work closely with other economics, Shariah and finance experts from around the world and hence have successfully carried out multiple Islamic finance projects internationally. Projects Undertaken (Domestic) Over the last decade ZICO has worked tirelessly on numerous local assignments. These include: 1. Labuan International Business & Financial Centre, 2. Employees Provident Fund Malaysia, 3. Securities Commission of Malaysia, 4. Central Bank of Malaysia, 5. Pengurusan Danaharta Nasional Berhad, 6. Malaysian Industrial Development Authority (MIDA), 7. Islamic Financial Services Board, 8. Lembaga Tabung Haji, 9. Public Mutual Berhad, I S L A M I C F I N A N C E A N D A D V I S O R Y