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Private Banking and Wealth Management Survey 2010:
Country risk 2010:

Country risk 2010:

Bi-annual Country risk survey monitoring political and economic stability of 186 countries

December 2008

Islamic finance debate: Participants





Islamic finance debate: Prospects and problems of Shariah-compliant finance

Mohamad Nedal Alchaar

Mohamad Nedal Alchaar (MNA – chair) is the secretary general of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). He was director of market performance analysis at Fannie Mae, and previously vice-president at Johnson & Higgins in Washington, DC. He also taught for several years at George Washington University, where he received a PhD in monetary economics.

Ahmed Al Khan

Ahmed Al Khan (AAK) joined Global Banking Corporation as head of investment banking with more than 10 years’ experience in financial services, including working in New York. He is on the boards of various leading establishments in the Middle East. Before joining GBCorp, he was chief executive of Diyar Al Bahrain.

Afaq Khan

Afaq Khan (AK) is chief executive of Standard Chartered Saadiq, the global Islamic banking business of Standard Chartered Bank. He joined Standard Chartered in 2003 with the mandate to launch the Islamic business division. Since then, he has been responsible for the strategic build-up of a global Islamic banking business covering retail, corporate and investment banking.

Ijlal Ahmed Alvi

Ijlal Ahmed Alvi (IAA) is the chief executive of the International Islamic Finance Market (IIFM). He has more than two decades of experience, mainly in treasury, capital markets, financial institution set-up and reorganization. He manages IIFM’s global working groups on standardization of Islamic documents, products and practices. He has recently overseen the launch of the first standardized treasury murabaha documentation.

Nik Norishky Thani

Nik Norishky Thani (NNT) is the executive director of Islamic finance at Dubai International Finance Centre. He has more than 10 years’ experience in advising and structuring Islamic financial instruments, in particular Islamic sukuk. Before joining DIFC he was head of Islamic capital markets for MIMB Investment Bank Malaysia and Bank Islam Malaysia Berhad.

Khalid Hamad

Khalid Hamad (KH) is the executive director of banking supervision at the Central Bank of Bahrain where he has held several senior posts. His present responsibilities include supervision of all banking institutions, including Islamic banks, as well as inspection of all financial institutions, comprising banks, insurance firms and capital market players. He is chairman of the IIFM, and chairman of the Waqf Fund for research, education and training in Islamic finance.

Neale Downes

Neale Downes (ND) is a partner in the international finance group of law firm Trowers & Hamlins. Particular areas of expertise include asset-backed and asset-based financing, syndicated lending, and project and other leveraged and structured finance.






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