The following question and answer by Sheikh Yusuf Talal DeLorenzo attendees of the Dow Jones University Courses on Islamic Investement.
Question:: Who are the scholars of the shari'ah board. What are their orientations, especially when it comes to interpreting the different schools of thought?
Answer: The scholars of the Dow Jones Islamic Market Index Shari`ah Board are featured, withtheir bios, at the DJIMI website. Obviously, they are a group of very accomplished scholars.With regard to their legal orientation, the members of the Shari`ah Board represent nearly allof the major schools of Islamic jurisprudence; and they are certainly at home with the teachingsof all the different classical and modern schools of Islamic legal thought. More importantly,however, they base their scholarship on the teachings of the Qur'an and the Sunnah; and all ofthem have published important studies on these subjects. Of particular relevance to the DJIMI,however, is their membership on the Shari`ah Supervisory Boards of major Islamic mutual funds.Finally, you may also note that they come from all over the world.