Lion City Advisory, IFA Consultancy join to promote Shariah-compliant investment
The partnership aims to introduce Shariah-compliant investment solutions, diversify financing options, and promote ethical and transparent practices, supporting the country’s economic transformation through sustainable Islamic finance.
Mufti Yousuf Sultan, co-founder of IFAC, and Abdullah Al Faisal, director of Lion City Advisory sign a MoU to strengthen Bangladesh’s Islamic finance sector. Photo: Courtesy
Mufti Yousuf Sultan, co-founder of IFAC, and Abdullah Al Faisal, director of Lion City Advisory sign a MoU to strengthen Bangladesh’s Islamic finance sector. Photo: Courtesy
Keeping the Islamic Investment Summit at the forefront, a Memorandum of Understanding (MoU) has been signed between Lion City Advisory Limited and IFA Consultancy Ltd (IFAC) to strengthen Bangladesh’s Islamic finance sector.

The partnership aims to introduce Shariah-compliant investment solutions, diversify financing options, and promote ethical and transparent practices, supporting the country’s economic transformation through sustainable Islamic finance.

As part of the collaboration, the two organisations will now jointly host the upcoming Islamic Investment Summit, bringing together regulators, investors, and scholars to discuss growth opportunities in Shariah-compliant finance, reads a press release today (17 August).

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The agreement, a strategic effort to expand ethical and compliant financial practices, will primarily focus on fostering investor confidence in Bangladesh’s Islamic finance market.

The agreement was signed by Mufti Yousuf Sultan, co-founder of IFAC, and Abdullah Al Faisal, director of Lion City Advisory. The signing ceremony included senior representatives from both organisations and industry experts.