Osman Aurakzai is a seasoned Islamic Banker with over 21 years of experience. For 3 years he acted as an Islamic Banking Consultant including a year and a half with Ernst & Young Riyadh office Saudi Arabia before joining Bank Al Jazira in 2009. Osman’s current areas of responsibility are assessment, improvement, monitoring and implementation of Sharia and IT Governance in Islamic banking products and services offered by Bank al Jazira. His recent paper “A Practitioners view of Issues in Implementing Sharia Board Guidelines in Islamic Banks” was widely appreciated in academic circles. He was the first to write a research papers on the Impact of Basel II on Islamic Banks & Introduction of IT Governance in Islamic Financial Institutions. Previously, he was instrumental in setting up the Islamic Banking Department (Sharia Audit Division) at the State Bank of Pakistan. Osman was the key player to seek approval for the setting up of the Shari’a Board in the State Bank of Pakistan. He conducted Shari’a Audits assisted banks in launching new Islamic branches, conducting product reviews and setting up of their internal Shari’a audit departments while working at the State Bank of Pakistan for 12 years. He provided Islamic Financial advisory services while on deputation to KSA from State Bank of Pakistan that included, developing of an Over Draft product, five Sukuk structures and providing Management Consultation to a private Shari’a Audit Firm. He also documented Financial Governance manuals; conducted Sharia Audit and reviewed the Sharia Board Charter of an Islamic Bank. He is a DAIBP and has a Dip. in Islamic Banking and Finance from the Center of Islamic Economics. He also has numerous business, management and leadership trainings to his credit. Osman has an MBA in Finance and he obtained CISA Certification from ISACA USA.