About our firm

Solidarity Financial Advisory Inc. is a Toronto-based advisory platform delivering ethical finance, Shariah governance, and practical institutional transformation. With over 25 years of leadership across Canada, the UK, the GCC, MENA, South Asia, and East Africa, we empower financial institutions, takaful operators, and fintech innovators to launch and scale robust, values-driven solutions.

An integrated advisory model built for modern finance

We bring together two disciplines that are too often separated: operational excellence and deep Shariah expertise. Solidarity focuses on making institutions, products and processes work effectively in practice, while our Shariah capability ensures that the underlying structures, governance and implementation remain genuinely compliant.

Our value is not simply in determining whether a fund or financial structure is Shariah-compliant. It is in helping build the operating model around that compliance — the governance, documentation, workflows, controls and ongoing monitoring needed to make it work in practice. Together, we reduce the friction between religious standards, operational requirements and market acceptance, giving our clients scholar-led confidence at every stage.

Built for institutions seeking credible, commercially grounded Islamic and ethical finance capability

Solidarity advises institutions at every stage of their journey — from organizations entering Islamic finance for the first time to established market participants seeking stronger governance, better products, greater operational discipline, and long-term institutional credibility.

We assist banks and financial institutions with Islamic windows, conversion strategies, product development, governance frameworks, liquidity solutions, documentation, and institution-wide training.

We help insurers and Takaful operators establish, transform, and strengthen their businesses through product design, retakaful arrangements, Shariah audit, underwriting frameworks, claims governance, and operational implementation.

We advise on Shariah screening, sukuk and REIT structures, investment mandates, product governance, fund development, and staff capability — helping investment businesses align commercial objectives with credible Shariah oversight.

We work with emerging financial businesses on Islamic neobank models, crowdfunding, digital onboarding, investor journeys, product architecture, and compliance-by-design from the outset.

We support public-sector and mission-led institutions with policy input, governance frameworks, training, charitable compliance, institutional design, and ethical transformation initiatives.

How We Work With Clients

Every engagement is shaped around the institution’s objectives, maturity, regulatory environment, and level of support required. Our role can be strategic, technical, implementation-focused, or ongoing.

Typical engagements include:

  • Strategic diagnostics and transformation roadmaps
  • Product structuring and documentation
  • Shariah governance, certification, audit, and training
  • Takaful, retakaful, and Islamic-window implementation
  • Fund and investment-structure advisory
  • Ongoing advisory retainers for boards, founders, executives, and compliance teams

Our aim is not simply to advise, but to help clients build structures that are commercially viable, operationally robust, regulator-ready, and trusted in the market.

Global reach and proven institutional pedigree

Our advisory strength is rooted in a distinguished track record of launching, restructuring, and expanding ethical finance institutions worldwide. Our leadership and extended Shariah ecosystem bring decades of direct engagement with premier global and regional organizations, including:

  • Lloyd's of London / Atrium Syndicate
  • Standard Chartered Sadiq and Standard Chartered Modaraba
  • Ernst & Young Ford Rhodes
  • AAOIFI (Bahrain) and Rotman School of Management (Canada)
  • Dubai and Abu Dhabi Government Excellence Programs
  • Stearns Bank, Meezan Bank, Habib Metropolitan Bank, Allied Bank, Sindh Bank, and Summit Bank
  • Pak-Qatar Takaful, Pak-Kuwait Takaful, Takaful Pakistan, and EFU Life, General & Health
  • Orix Leasing Pakistan, Dolmen City REIT, Gulf Halal Centre (UAE), and Equitable Financial Solutions (Australia)

  • Gulf Halal Centre - UAE

  • Tajweez Advisory Co. WLL - Bahrain

  • Alif Capital / Alif Nasiya - Uzbekistan

  • Astana International Exchange - Kazakhstan

  • Uzbek Leasing - Uzbekistan

  • Appex Ijarah Sukuks - Kazakhstan

  • Craft3 - USA

  • RTS Financials Inc. - USA

  • Afro-Asian Insurance & Reinsurance Brokers - UK

  • Crescent Maritime Surveyors & Loss Adjusters - UAE

"Solidarity provides the exact balance institutions need: pragmatic commercial execution backed by rigorous, scholar-led Shariah governance."

Solidarity Financial Advisory Inc. — Toronto, Canada