Sheikh Taha Abdul-Basser
Sheikh Taha Abdul-Basser is an American scholar best known for his long tenure as Muslim chaplain at Harvard University, where he supported the Harvard Islamic Society and the broader Muslim student community for years. He is not part of any US halal home financing provider's Shariah board, but he chairs the Ethical Board of Wahed Invest and serves on Fajr Capital's Shariah Advisory Board — making him one of the more visible American Shariah scholars in the wider Islamic finance industry that home-financing boards also draw from.
Background
Sheikh Abdul-Basser grew up in Brooklyn, New York, and earned an A.B. in the Comparative Study of Religion from Harvard College in 1996, followed by an A.M. in Arabic and Islamic Studies from Harvard's Department of Near Eastern Languages and Civilizations. Alongside his chaplaincy, he worked as a staff researcher on Harvard's Islamic Finance Information Program, taught an independent-study course on the principles of Islamic finance at Harvard Business School, and served as a Senior Tutorial Advisor in Near Eastern Languages and Civilizations. He has acted as a Shariah compliance reviewer and consultant to investment funds, investment banks, and retail banks since 1998, and is co-founder of StraightWay Ethical Advisory, a consulting group serving the Shariah-compliant financial services sector.
Role in Islamic finance
Sheikh Abdul-Basser's most visible current Shariah board role is chairing Wahed Invest's Ethical Board — Wahed markets itself as the first Islamic robo-advisor — alongside Sheikh Humza Maqbool Chaudhry and Sheikh Musa Furber. He also sits on Fajr Capital's Shariah Advisory Board. Neither role is specific to home financing, but his Harvard coursework on Islamic finance principles and two decades of Shariah compliance consulting inform the same underlying framework — diminishing Musharakah, Ijara, and Murabaha — that US halal mortgage providers build their products on.
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