Deutsche appoints managing director for Sharia subsidiary

Deutsche Bank has appointed Humayon Dar as managing director of its global Sharia advisory service Dar Al Istithmar (DI). Dar will be based in London and reports to the company board of directors.

Dar has been at DI since March 2005. Prior to joining DI he was at the UK's Loughborough University where he founded and directed an MSc course in Islamic economics, banking and finance.

“Our goal is to be a high-end global provider of Sharia advice to the institutions offering Islamic financial services through a continuous process of innovation in financial solutions and to develop into an international think-tank for the Islamic finance industry," Dar said in a statement. "We are

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