- Bank Islam Malaysia Berhad
- Syarikat Takaful Malaysia Berhad
- BIMB Securities Sdn. Bhd
- BIMB Investment Management Berhad
Ustaz Professor Dato’ Dr. Ahmad Hidayat Buang
Ustaz Professor Dato’ Dr. Ahmad Hidayat BuangChairman
Ustaz Prof. Dato' Dr. Ahmad Hidayat Buang was appointed Chairman of the Shariah Supervisory Council of Bank Islam on 1 April 2015. He has been with the council since 2011.
He is currently a Professor at the Department of Shariah and Law, Academy of Islamic Studies, University of Malaya. He has had stint as the academy's Director from October 2006 - January 2011. He also served as Deputy Director for the Research and Development section of the academy as well as its Head of Department Shariah and Law from 1997 – 1999.
He is currently holds the post of Chairman of the Shariah Committee for Takaful Ikhlas Berhad. Prior to that, he served as Shariah advisor for several financial institutions and organisations, which included CIMB Bank Berhad (2005-2006), OCBC Bank (2004-2005), Commerce Tijari Bank (2004-2005), Amanah Raya Unit Trust Management Sdn. Bhd. (2006-2007), ASM MARA Unit Trust Management Berhad (2004-2006), I-Free Capital Pte Ltd (Singapore) (2003-2005), Bumiputra Commerce Trustee Sdn. Bhd. (2002-2006) and Perbadanan Usahawan Nasional Berhad (2002). He is also formerly a member of the Shariah Working Committee for Islamic Banking and Takaful for Bank Negara Malaysia (2003-2004) and a member of the Islamic Education Coordination Advisory Council for the Council of Rulers Malaysia (2008-2011).
He holds a Bachelor of Shariah from University of Malaya. He is also the holder of a Master of Law (School of Oriental and African Studies) and a doctorate in Doctor of Philosophy (School of Oriental and African Studies), both from University of London, UK.
Ustazah Dr. Yasmin Hanani Mohd Safian
Ustazah Dr. Yasmin Hanani Mohd SafianMember
Ustazah Dr. Yasmin Hanani Mohd Safian was appointed as a member of the Shariah Supervisory Council of Bank Islam on 1 April 2015. She is also a member of the Syarak Consultative Committee of Majlis Agama Islam Wilayah Persekutuan. Dr. Yasmin is currently a senior lecturer for the Faculty of Shariah and Law at Universiti Sains Islam Malaysia (USIM).
She has spent most of her professional career at USIM, starting out as a lecturer in 2003. She was appointed to her current position in 2007, and has had stint as Deputy Dean for USIM’s Graduates Learning Centre from 2011-2013. She served as Deputy Dean for the Faculty of Shariah and Law in 2012 before taking up the post of the faculty’s Dean, a position she held on until September 2014.
She has published several books on Islamic law, and has contributed to a number of journals which included Malaysian Law Journal of Shariah & Law and The Journal of Muamalat & Islamic Finance Research. She has also published and presented several research papers on Islamic banking & finance.
She holds a BA (Hons.) in Shariah from Al-Azhar University, Egypt and a MA in Islamic Studies from University of Birmingham, UK. She obtained her PhD in Arab and Islamic Studies from University of Exeter, UK.
Ustaz Saiful Anuar Hambali
Ustaz Saiful Anuar HambaliSecretary
Ustaz Saiful Anuar Hambali has been in the banking industry for over 20 years and currently is the Deputy Chief Shariah Officer of Bank Islam Malaysia Berhad. He is the Secretary of Shariah Supervisory Council of Bank Islam and sits in several internal committees of the Bank including Financing Committee A & B, Underwriting & Investment Committee, Asset Liability Committee, Product Management Committee, Management Risk Control Committee, Operational Risk Control Committee, Compliance & Governance Working Group and Zakat & Charity Committee.
Prior to joining Bank Islam, he was the Head of Shariah Supervisory Department, Affin Islamic Bank Berhad. He was also working with other several Islamic financial institutions such as RHB Islamic Bank Berhad, OCBC Bank (M) Berhad, Bank Muamalat Malaysia Berhad and Bank Bumiputera Malaysia Berhad in different business areas including Shariah advisory & compliance, product & business development, consumer banking and project management office.
Prof. Dr. Asmadi Mohamed Naim
Dr. Shamsiah Binti Mohamad
Professor Dr. Muhammad Rahimi Osman
Professor Dr. Muhammad Rahimi Osman
Prof. Dr. Muhammad Rahimi Osman was appointed as a member of the Shariah Advisory Body of Takaful Malaysia on 12 January 2010. He is currently the Dean of the Academy of Contemporary Islamic Studies at Universiti Teknologi MARA (UiTM), Shah Alam.
Dr. Muhammad Rahimi joined UiTM, Shah Alam in 1988 as an academic staff at the Centre for Islamic Education. At UiTM, he held a number of administrative posts, which included Coordinator of Islamic Social Science, Head of Zakat Unit, Deputy Director for Centre for Islamic Thought and Understanding (CITU) and Director of the Zakat Research Institute of Malaysia (IKaZ).
Dr. Muhammad Rahimi currently serves as a member of the Curriculum Review Committee for Muamalat, Takaful, Islamic Banking and Finance of the Ministry of Higher Education, Malaysia. He is also a member of the Senate University as well as a member of the Dean Council of Islamic Studies, Higher Learning Institutions of Malaysia and several other committees inside and outside of the university. Dr. Muhammad Rahimi has written books and presented papers at national and international seminars related to Islamic economics, Islamic banking and finance. His articles have been published in local and international journals.
Dr. Muhammad Rahimi holds a Bachelor of Shariah (Hons) from University of Malaya. He obtained his Master in Islamic Economics from the University of Yarmouk, Jordan and a Doctor of Philosophy (PhD) in Islamic Banking from International Islamic University Malaysia
Dr. Ahmad Sufian Che Abdullah
Dr. Ahmad Sufian Che Abdullah
He obtained a Bachelor of Shariah & Management and a Master of Shariah with specialization in Islamic Finance (Finance Fiqh), from the University of Malaya in 2003 and 2007 respectively. In 2015, he obtained his Doctor of Philosophy in Islamic Economic and Banking, from the University of Yarmouk, Jordan.
He started his career at the University of Malaya in 2003 as a parttime tutor until he became a fellow in 2005. Currently he is a senior lecturer at the Department of Shariah and Management, Academy of Islamic Studies, University of Malaya. He is currently a member of Shariah Advisor Committee of Kenanga Investment Bank Berhad, and Sabnuha Jewellery PLT. In 2016 he was appointed as a member of the Muamalat Expert Panel, Jabatan Kemajuan Islam Malaysia (JAKIM).
He is the founder and administrator of “muamalat.my” that strive to become a medium of education in enhancing public awareness in Islamic Finance and Takaful since 2013.
Dr. Marhanum Che Mohd Salleh
Dr. Marhanum Che Mohd Salleh
She obtained a Doctor of Philosophy degree in Islamic Banking and Finance from the International Islamic University Malaysia (IIUM) in 2014, a Masters in Islamic Finance from the IIUM in 2009 and a Bachelor’s degree in Shariah and Management (with Distinction) from the University of Malaya in 2006.
She started her career with IIUM in 2007 as a Research Assistant in the Department of Communication, Departments of Finance and Business & Administration until 2012. She also served as a Part Time Lecturer at the Department of Business & Administration from January 2008 until she became an Academic Trainee at the same department in 2009.
She is currently an Assistant Professor at the Department of Finance, IIUM and also a member of the Shariah Committee of UOB Malaysia. Her areas of expertise include Islamic Finance, Banking, Takaful, Islamic marketing and Waqf. She has published her works in national and international journals including in the Australian Journal of Basic and Applied Sciences, Journal of Islamic Finance and Business Research, Journal of Islamic Finance and International Journal of atThaqafah.
Megat Hizaini Hassan
Megat Hizaini Hassan
He graduated with a Bachelor of Laws (First Class Hons) from the International Islamic University Malaysia (IIUM) and Masters in Law from Harvard Law School, United States of America and the University of Cambridge, United Kingdom.
He started his career in 1991 as a Lecturer at the Kulliyyah of Laws, IIUM. He is an Advocate & Solicitor of the High Court of Malaya and was called to the Malaysian Bar in 1991. He joined the law firm of Messrs. Zaid Ibrahim & Co. in 1999 and was a partner at the firm from 2006 until 2010. He was also appointed as a Director of ZI Shariah Advisory Services Sdn Bhd, a Shariah compliance advisory firm registered as a Shariah Adviser for Sukuk and Islamic capital market products with the Securities Commission of Malaysia from 2007 until 2010. He was also a Cambridge Commonwealth Trust Scholar at the University of Cambridge, a Royal Dutch/Shell Group of Companies Scholar at the IIUM and Kulliyyah Award for Best Overall Student in Law from the IIUM.
Currently, he heads Lee Hishammuddin Allen & Gledhill’s Islamic Finance practice and advises on Islamic finance matters as well as corporate legal and regulatory developments. He has advised local and international clients on issues pertaining to the legal and regulatory framework on Islamic banking and finance, as well as matters relating to applicable Shariah standards for Islamic financial/investment transactions in Malaysia and abroad. These include structuring and documentation of Islamic financing facilities and investment structures such as Murabahah (cost plus sale), Commodity Murabahah/Tawarruq (monetisation transaction), Ijarah (Islamic lease/hire), Bai’ Istisna’(construction contract), Bai’ Salam (advance sale), Bai’ Bithaman Ajil (sale with deferred payment), Bai’ ‘Inah (sale and buyback transaction), Musharakah (profit and loss sharing structure) and Mudarabah (profit sharing structure).
He has presented at various seminars and conferences on legal and regulatory issues pertaining to Islamic finance. He is a registered arbitrator for Islamic finance in the Kuala Lumpur Regional Centre for Arbitration, an accreditation panel member of the Finance Accreditation Agency Malaysia, a member of the Islamic Finance Committee of the Malaysian Bar Council, and has also previously lectured on a part-time/guest lecturer basis at the Ahmad Ibrahim Kulliyyah of Laws, IIUM on Islamic finance and other legal subjects. He has also written for publishers such as Sweet & Maxwell as co-author of a book “The Law and Practice of Islamic Banking and Finance” and “An Introduction to Islamic and Conventional Corporate Finance”. He has been recognised as one of the leading lawyers in his field, through publications such as the International Financial Law Review’s Guide to the World’s Leading Islamic Finance Lawyers and Expert Guides, Legal 500, Chambers Asia as well as Islamic Finance News.
Dr. Nik Abdul Rahim Nik Abu Ghani
Professor Emeritus Dato' Paduka Dr. Mahmood Zuhdi Haji Abdul Majid
Professor Emeritus Dato' Paduka Dr. Mahmood Zuhdi Haji Abdul MajidChairman
Emeritus Prof. Dato' Paduka Dr. Mahmood Zuhdi Haji Abd. Majid has been a member of the Shariah Advisory Committee of BIMB Securities since June 2008. He also sits on the Shariah Committees of Public Islamic Bank Bank and AIA Public Takaful as the Chairman. Prof. Dato' Dr. Mahmood is a member of the Shariah Committee for all Shariah funds managed by Permodalan Nasional Berhad (PNB) and a member of Shariah Advisory Board of AsSalihin Trustee.
Prof. Dato' Dr. Mahmood specialises in History of Islamic Law, the Principles of Islamic Jurisprudence and the Administration of Islamic Criminal Law. An accomplished writer, he has published numerous Shariah-related papers over the years dissecting into his area of specialisation. Prof. Dato' Dr. Mahmood has also written a number of articles, which include 'Fiqh Malaysia: Konsep dan Cabaran' (2000), 'Peranan Zakat Dalam Pembangunan Ummah' (2002) and 'Teori Politik Islam: Memahami siasah Syariah' (2003). He is the recipient of the 'Dato' Paduka Jiwa Mahkota Kelantan Yang Amat Mulia' (DJMK) title, conferred by His Royal Highness Sultan of Kelantan.
Prof. Dato' Dr. Mahmood holds a Bachelor Degree in Shariah & Law from the Islamic Centre For Higher Studies.
Ir. Dr. Muhamad Fuad Abdullah
Ir. Dr. Muhamad Fuad AbdullahMember
Ir. Dr. Muhamad Fuad Abdullah was appointed a member of the Shariah Advisory Committee of BIMB Securities on 1 June 2011. A designated person-in-charge of all Shariah matters in BIMB Securities, Dr. Muhammad Fuad is a registered Shariah Adviser with the Securities Commission Malaysia (SC), which qualifies him to advise on Shariahcompliant products and services regulated by the SC.
Dr. Muhammad Fuad is also the Chairman of the Shariah Committee of MIDF (Malaysian Industrial Development Finance Berhad) Group of Companies and a member of the Group Shariah Committee of MNRB Holdings Bhd. A registered Shariah lawyer of Majlis Agama Islam Perak, he also serves as an Adjunct Professor of Universiti Teknikal Malaysia Melaka. Dr. Muhammad Fuad currently sits on the boards of Sime Darby Berhad, Sime Darby Energy Sdn. Bhd., Sime Darby Utilities Sdn. Bhd., MIDF, MIDF Property Berhad, Mesiniaga Berhad and Institut Kefahaman Islam Malaysia.
Previously a board member for Sime Darby Property Berhad, Dr. Muhammad Fuad had served as Chairman of Hospital Pusrawi Sdn. Bhd., and held various posts which included; member of Shariah Advisory Board of Halal Foundation (Labuan); member of Board of Governors at Al-Basirah International Islamic School Gombak; member of the Advisory Board of World Assembly of Muslim Youths Malaysia; member of the Board of Studies of the B.A. (Fiqh and Usul Fiqh) Programme at International Islamic University of Malaysia; member of Majlis Agama Islam Wilayah Persekutuan; an Adjunct Professor of Universiti Teknologi Petronas; and an Adjunct Staff of the Department of Electrical and Electronic Engineering at Universiti Putra Malaysia.
Dr. Muhammad Fuad holds a Bachelor of Science in Electrical Engineering and a Master of Philosophy in Electrical Engineering , both from University of Southampton, UK. He obtained a Bachelor of Arts (Jayyid) in Shariah from University of Jordan and a Doctor of Philosophy in Muslim Civilization doctorate from the University of Aberdeen, UK.
Ustaz Mohd Nazri Chik
Group Chief Shariah Officer
Ustaz Mohd Nazri ChikGroup Chief Shariah Officer
Ustaz Mohd Nazri Chik is the Chief Shariah Officer for BIMB Holdings Berhad and Bank Islam Malaysia Berhad. He was appointed as the Secretary of the Shariah Supervisory Council of Bank Islam in 2011.
Ustaz Mohd Nazri has over 11 years of experience in Shariah management within the Islamic banking industry. He first joined Bank Islam Malaysia Berhad in June 2004 before taking up the position of Shariah Audit Manager at Noor Investment Group at Dubai, UAE, in June 2004. During this period, he was appointed as a member of Bank Islam's Shariah Supervisory Council. Ustaz Mohd Nazri re-joined Bank Islam in January 2011 in his current position, and is instrumental in strengthening its Shariah governance framework and facilitating efforts to promote Shariahcompliant products and services. Starting his career as a tutor at University of Malaya where he was also a graduate student, Ustaz Mohd Nazri continues to serve his alma mater as an academician.
Ustaz Mohd Nazri is also the Deputy Chairman of the Shariah Supervisory Council of Amana Bank Limited in Sri Lanka; Accredited Panel of the Finance Accreditation Agency; Member of Professional Practices Bureau Association of Shariah Advisors; Accredited Trainer for Islamic Banking and Finance Institute of Malaysia; and External Shariah Advisor of Ghazanfar Bank in Afghanistan. In May 2014, Ustaz Mohd Nazri was selected as the recipient of the Promising Young Banker Award 2014 by the Asian Banker publication.
Ustaz Mohd Nazri holds a Master's degree and a Bachelor’s degree in Shariah (Islamic Jurisprudence) from University of Malaya where he currently serves on as an academician.
Ustaz Dr. Ahmad Shahbari @ Sobri Salamon
Ustaz Dr. Ahmad Shahbari @ Sobri SalamonChairman
Ustaz Dr. Ahmad Shahbari @ Sobri Salamon is the Chairman of the Shariah Advisory Body of Takaful Malaysia and Chairman of the Shariah Committee of BIMB Investment Management, as well as a member of the Shariah Supervisory Council of Bank Islam. He was previously the Chairman of the Shariah Supervisory Council of Bank Islam until 31 March 2015.
He was previously the Executive Chairman of Pusrawi Corporation Sdn. Bhd., a position he has held since 1996. He started his career in 1978 as a lecturer at Universiti Kebangsaan Malaysia (UKM) for its Shariah Department, Faculty of Islamic Studies. He served as the university’s Coordinator for General Teachings from 1981-1982, and was subsequently appointed as Acting Head of Shariah Department in 1982. He also served as UKM's Programme Coordinator for Diploma and Certificate in Islamic Studies until 1983, and was appointed as an Associate Professor in the Shariah Department in 1984. He has had two stints as a lecturer at International Islamic University Malaysia (IIUM); the first was on secondment at IIUM’s Kulliyah of Economics from 1983-1984, and for the second stint, he lectured for Ahmad Ibrahim Kulliyah of Law from 1986 - 1996. He then went on to become Executive Director of Pusat Rawatan Islam (Islamic Religious Council of Selangor or MAIS) from 1996-1999.
He previously served as Shariah advisor for Abrar Group (1996-1999), Arab Malaysia Merchant Bank (1996 – 1999), Arab Malaysian Finance (1996 - 1999), and PT Takaful Indonesia (2000-2011). He had served as a member of MAIS for 21 years since 1985, and is currently a member of the Shariah Committee of ASEAN ReTakaful International Ltd. and a member of the Islamic Consultative Council in the Prime Minister’s Office. He is an approved Individual Shariah Advisor by the Securities Commissions of Malaysia.
He was awarded the ‘Tokoh Ulamak Bestari Negeri Selangor’ recognition in 2000 and received the ‘Tokoh Ma’al Hijrah Negeri Selangor’s award in 2001. He has produced writings in educational history, economy, Islamic banking and Islamic law, for television and publication purposes. His body of work includes 14 books and translations of eight volumes of books on Islamic Jurisprudence by Dr. Wahbah Al-Zuhaily.
He holds a Bachelor of Shariah from Al-Azhar University, Egypt and a Master of Economic from Fairlaigh Dickinson University, USA. He obtained a Doctor of Philosophy (Modern Middle Eastern History) doctorate from New York University, USA.
Ustaz Dr Azrul Azlan Bin Iskandar Mirza
Ustaz Dr Azrul Azlan Bin Iskandar MirzaMember
Dr Azrul Azlan is currently a Senior Lecturer at Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia (USIM). He served as the Advisor of Business Development Unit (BDU) USIM January to December 2018. He also served as Head of Islamic Banking and Finance of the faculty in 2016 and 2017. He is currently holding a post as Shariah Committee for Alliance Islamic Bank Berhad, Alliance Investment Bank Berhad (Stockbroking) and HSBC Amanah Takaful Berhad. Prior to that, he served as a Shariah Advisor for several financial institutions and organisations, which includes OSK Investment Bank (2012-2013), KAF Investment Bank Bank (2013-2015), Negeri Sembilan State Government – Inter Agency Financing (2017-2020) and Waqf Committee of USIM (2016-2017). He is a registered Shariah Adviser (individual) with Securities Commission Malaysia. He has been in the BIMB Invest’s Shariah Committee since April 2019.
Ustazah Dr. Asmak Ab. Rahman
Ustazah Dr. Asmak Ab. RahmanMember
Ustazah Dr. Asmak Ab. Rahman was appointed as a member of the Shariah Committee of BIMB Investment Management Berhad on 1 November 2008. She is currently a senior lecturer for Department of Shariah and Economics, Academy of Islamic Studies at University of Malaya (UM).
Ustazah Dr. Asmak has been teaching at UM since 2005. She started her career as a research assistant in a fatwa research project, before being appointed as a lecturer after completing her PhD in 2005. She was promoted as senior lecturer in 2007.
Ustazah Dr. Asmak is an Exco for the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS). She is currently a Shariah Advisor for Ambank Islamic, SME Bank Berhad and Hong Leong MSIG Takaful. Ustazah Dr. Asmak has written and published several books on takaful, Islamic economics, Islamic banking and waqf. Her works has been published in a number of international journals.
Ustazah Dr. Asmak is a holder of a PhD in Shariah and Economics from University of Malaya. She also obtained her BA and MA in Shariah and Economics from the same university.