| Sufyan Gulam Ismail | |
| Birth Date: | 1975 9, df=y |
| Birth Place: | Gujarat, India |
| Nationality: | British |
| Citizenship: | British |
| Alma Mater: | University of Manchester |
| Occupation: | Philanthropist and entrepreneur |
| Known For: | Retiring at 39 to tackle Islamophobia |
Sufyan Gulam Ismail is a British entrepreneur and philanthropist,[1] ranked amongst the 500 most influential Muslims in the World on five occasions. A graduate of the University of Manchester, he started his career with Deloitte. In 2001, he set up 1st Ethical, the UK's first FSA authorised, Shariah-compliant, financial services firm, which he later converted into a charity. In 2007, he founded OneE Group, a specialist wealth management and consultancy operation. Sufyan retired formally from full-time business activity in 2014 to tackle Islamophobia. Sufyan's businesses have donated over £5m to alleviating poverty, community empowerment and humanitarian relief.
Ismail studied Economics and Corporate Finance at the University of Manchester[2] and then commenced his professional training with Deloitte. During his final exams his father died in a car accident.[3] He also holds the Advanced financial planning qualification (AFPC).
In 2001, he set up 1st Ethical, the UK's first FSA authorized financial services company aimed at the Muslim community.[4] [5] The company specialized in regulated investments and pensions advice with a strong focus on property investment. By 2003, the firm had become a national brand and was awarded UK's fastest growing company. In 2006, with margins falling in financial services Sufyan converted 1st ethical into a charity for education and humanitarian relief.[6]
In 2006, Sufyan founded OneE Group,[7] [8] [9] [10] a specialist wealth advisory service which aims to give clients tax breaks through R&D investment and other UK tax reliefs.[11] The company's growth resulted in it being ranked 57th in the Sunday Times Fast Track listing in 2011 and 53rd in the Sunday Times Profit Track Listing in 2012.[12] The company operates out of offices in Greater Manchester, London and Cyprus today employing approximately 80 staff.
Sufyan is a keen proponent of non-interest based finance and has written extensively on Islamic financing models. He also runs a Private Equity business,[13] which invests in numerous start up businesses by young Muslims.[14]
In 2003, Sufyan set up 1st Ethical Charitable Trust with a view to alleviating poverty and supporting empowerment of underprivileged communities. To date, the Trust and himself personally have donated over £5million to humanitarian causes. The countries benefiting from the Trust include Zambia, Malawi, Philippines and India.
In 2014, Sufyan founded MEND (Muslim Engagement and Development), a specialist initiative geared towards tackling Islamophobia by advocacy work with the media and Westminster.[15] MEND's work involved improving the media and political literacy of grass roots British Muslims. In 2016, Ismail stepped down from CEO of MEND.
In 2014, MEND's work was recognised by the World Economic Forum.[16] MEND is a partner with the electoral commission and a representative body for British Muslims with IPSO.
Sufyan has authored several papers on elements of Islamic Finance ranging from the prohibition of interest in Islamic Law,[13] Islamic inheritance laws and UK wills,[17] Zakat[18] and Insurance in Islam.[19] In 2008, Sufyan part-authored a University Textbook on Islamic finance which was published.[20]
Over the years, Sufyan and his firms have won numerous awards including following awards;
Sufyan lives in Greater Manchester and is married, with three children.[3]