Muamalat Invest Sdn Bhd

Khairul Kamarudin is the President and Chief Executive Officer of Bank Muamalat Malaysia Berhad, a position he has held since 1 November 2019. With his extensive career experience of 22 years, he brings a wealth of Islamic banking experience to the role. He previously served as Chief Executive Officer (CEO) of Bank Islam Malaysia Berhad (BIMB) (July 2017 to August 2018) and former CEO of BIMB Holdings Berhad (June 2017 to August 2018). During his 14 years tenure with BIMB and prior to his appointment as the CEO he held the positions of Deputy CEO, Director of Business Development, Head of Consumer Banking and Head of Special Recovery.

He has a Law Degree from Anglia Ruskin University, United Kingdom. He is also a Member of the Chartered Institute of Islamic Finance (CIIF).

He has also served on the boards of various financial institutions, contributing to the growth and development of Islamic banking in Malaysia and globally. Encik Khairul’s Islamic Banking and Finance Industry experience includes being Director of BIMB Investment Berhad, Board Member of IAP (Investment Account Platform), Board Member of Islamic Banking and Finance Institute Malaysia (IBFIM), Board Member of Majlis Agama Islam Wilayah Persekutuan (MAIWP). Before joining BIMB he was with Pengurusan Danaharta Nasional Berhad for 5 years. Encik Khairul started his career as an Audit Senior with PriceWaterhouseCoopers Malaysia (Assurance & Business Advisory Services, Banking & Financial Services Group).

Encik Khairul’s efforts to position Bank Muamalat as a leader in Islamic banking have seen the Bank making strides in innovation, customer satisfaction, and sustainable growth. Under his leadership, the Bank achieved significant milestones, including the highest profit before tax in its history, record low gross impaired financing ratio, and top ranking in Customer Service Satisfaction Index.

The Bank has also been recognized with numerous awards locally and internationally, such as the “Most Improved Islamic Retail Bank in Malaysia 2023” at the Islamic Retail Banking Awards, wherein Khairul was celebrated as “CEO of the Year 2023”. Other notable awards include IFN Regulatory Deal of the Year at the Islamic Finance News Awards 2023, ASEAN Islamic Banking Excellence Awards 2024 awarded by The KSI Strategic Institute for Asia Pacific, and Most Innovative Mortgage Product award conferred by The Banker Islamic Banking Awards 2024. Khairul was also conferred the “CEO of the Year 2024 Award” at the Global Islamic Finance Awards 2024.

Mr. Md. Khairuddin Haji Arshad is an Independent Non-Executive Director of Bank Muamalat Malaysia Berhad. He also serves as the Chairman of the Board Risk Management Committee and is a member of the Board Audit Committee, Board Veto Committee, and Board Compliance Committee.

With over 25 years of experience in the banking industry, Mr. Khairuddin began his career with Bank Negara Malaysia (BNM) in 1991, where he served in the Bank Regulation Department and the Islamic Banking and Takaful Department until 2005. He was involved in the establishment of the International Islamic Financial Market and the Islamic Financial Services Board.

He was part of the pioneering management team assigned to establish the Malaysia Deposit Insurance Corporation (PIDM). He served as the Chief Operating Officer and Senior Vice President of the Insurance, Risk Assessment, and Monitoring Division from its inception in 2005 until 2013. He was also the first Chairman of the Islamic Deposit Insurance Group of the International Deposit Insurance Association.

Mr. Khairuddin joined Bank Rakyat in 2013 as Chief Risk Officer, and his last position there was Chief Operating Officer, where he was responsible for expanding retail and corporate banking operations, ensuring effective recovery and resolution activities, managing corporate services, and continually improving the overall operational effectiveness and efficiency of the bank.
He holds a Bachelor’s Degree in Accounting from the International Islamic University Malaysia (IIUM). He also attended the Advanced Management and Leadership Program at Oxford University and the Global Leadership Development Program at ICLIF. Additionally, he holds a Master of Business Administration (MBA) from Heriot-Watt University.

Pn. Roshidah Abdullah is an Independent Non-Executive Director of Bank Muamalat Malaysia Berhad. She is the Chairman of the Board Audit Committee and a member of the Board Nomination & Remuneration Committee and the Board Compliance Committee.

With over 25 years of experience in financial management, corporate strategy development, governance, and risk management across various industries, including upstream oil and gas, pharmaceutical manufacturing and distribution, and construction and engineering, both in Malaysia and internationally (particularly in Kazakhstan, Indonesia, and the Middle East), she brings a wealth of knowledge to the Board. Having spent nearly 20 years in listed companies and large conglomerates in roles such as Chief Financial Officer (CFO) and equivalent positions, Pn. Roshidah has gained extensive exposure to the requirements and establishment of corporate governance codes and enterprise-wide risk management frameworks in her previous organizations.
She began her career as an auditor with Deloitte and Touche (Kassim Chan & Co) in 1989. She left the firm in December 1992 to join Time Engineering Berhad as Group Accountant.

In January 1995, Pn. Roshidah moved to Remedi Pharmaceuticals (M) Sdn Bhd (Remedi) to lead the Finance Department. At that time, Remedi had just secured a 15-year concession contract to manage the procurement of medicines for the Ministry of Health Malaysia. She was also directly involved in the merger and acquisition of Remedi, Raza Manufacturing Berhad, and Strand Pharmaceuticals Sdn Bhd by Pharmaniaga Berhad (Pharmaniaga) in 1998, as well as Pharmaniaga’s public listing on the Bursa Securities in 1999. In January 2000, she was promoted to the position of General Manager of Finance, and later in April 2003, she was appointed as the Chief Financial Officer of Pharmaniaga. She also served as Chief Operating Officer of Pharmaniaga from 2006 until March 2008.

Pn. Roshidah spent the next two years, until early 2010, as the Director of Finance at UEM Group Berhad and UEM Builders Berhad before returning to Pharmaniaga to assist the company in finalizing negotiations for the renewal of its concession agreement and preparing for changes in the controlling shareholder.

After leaving Pharmaniaga in March 2011, she had a brief period as a business consultant. From April 2013 to October 2016, she served as the Chief Financial Officer of Sumatec Resources Berhad.

Pn. Roshidah holds a Bachelor of Arts in Accounting from the South Australian Institute of Technology, Australia (now known as the University of South Australia), which she obtained in 1988. She is a member of the Malaysian Institute of Accountants and a CPA Australia member since 1992.

Khadijah Sairah joined Muamalat Invest in May 2024, bringing over 26 years of industry experience. Her prior exposure to equity research, investment analysis, portfolio management, unit trust operations, product development, business development, and marketing has shaped her into a strong leader in the fund management industry. During her previous leadership role as the Chief Executive Officer of Eastspring Al-Wara’ Investment Bhd, she was highly regarded for her contributions in turning the company profitable and doubling its assets under management.

Her experience in several other asset management firms (both local and international), supported by banks, trustees, and insurance entities, along with her regional and global collaborations, has provided her with a comprehensive, forward-thinking view of the potential opportunities in the capital markets. She began her career in 1997 with Perdana Nasional Asset Managers, where she was their graduate scholar.

She holds an MBA in Finance with Honors from the University of Malaya, a Graduate Diploma in Applied Finance and Investment (GDAFI) from the Securities Institute of Australia/PNBi, and a BBA in Transportation with the Best Student Award from Universiti Teknologi MARA.

Ling Kim Moy joined Muamalat Invest Sdn Bhd (MISB) in November 2023. She holds a Bachelor’s Degree in Accounting with Honors from the University of Malaya. She has 12 years of experience in finance and 15 years in fund management.

She began her career at Hong Leong Finance as an Internal Audit Executive. In 1994, she took on the role of Accountant at Hong Leong Management and later moved to Hong Leong Yamaha Distributors in 1997. In 1999, she was promoted to Finance Manager at Hong Leong Fund Management and became a registered compliance officer with the Securities Commission. In 2008, she joined Amundi Asset Management as Senior Manager, Finance and Administration, where she was part of the pioneering team, and was later promoted to Chief Operating Officer and Associate Director in 2014. Before joining MISB, she served as the Financial Controller at HL Management Co.

Amirudin bin Abdul Hamid joined Muamalat Invest Sdn Bhd (“MISB”) in October 2021 as Chief Investment Officer. He brings a unique and extensive experience of 19 years in managing both domestic and offshore equities. He began his career in 2002 with Permodalan Nasional Berhad as an investment analyst before being promoted to fund manager in 2006. In 2008, he joined Amundi Asset Management Malaysia as one of its pioneering team members. In 2014, he briefly worked with Public Mutual before moving to RHB Islamic International Asset Management Berhad in 2016 as a Senior Fund Manager. Prior to joining MISB, he served with Gax MD Sdn Bhd as a portfolio manager for a digital and algorithm-based investment platform called MYTHEO.

Mr. Md. Khairuddin Haji Arshad is an Independent Non-Executive Director of Bank Muamalat Malaysia Berhad. He also serves as the Chairman of the Board Risk Management Committee and is a member of the Board Audit Committee, Board Veto Committee, and Board Compliance Committee.

With over 25 years of experience in the banking industry, Mr. Khairuddin began his career with Bank Negara Malaysia (BNM) in 1991, where he served in the Bank Regulation Department and the Islamic Banking and Takaful Department until 2005. He was involved in the establishment of the International Islamic Financial Market and the Islamic Financial Services Board.

He was part of the pioneering management team assigned to establish the Malaysia Deposit Insurance Corporation (PIDM). He served as the Chief Operating Officer and Senior Vice President of the Insurance, Risk Assessment, and Monitoring Division from its inception in 2005 until 2013. He was also the first Chairman of the Islamic Deposit Insurance Group of the International Deposit Insurance Association.

Mr. Khairuddin joined Bank Rakyat in 2013 as Chief Risk Officer, and his last position there was Chief Operating Officer, where he was responsible for expanding retail and corporate banking operations, ensuring effective recovery and resolution activities, managing corporate services, and continually improving the overall operational effectiveness and efficiency of the bank.

He holds a Bachelor’s Degree in Accounting from the International Islamic University Malaysia (IIUM). He also attended the Advanced Management and Leadership Program at Oxford University and the Global Leadership Development Program at ICLIF. Additionally, he holds a Master of Business Administration (MBA) from Heriot-Watt University.

Pn. Roshidah Abdullah is an Independent Non-Executive Director of Bank Muamalat Malaysia Berhad. She is the Chairman of the Board Audit Committee and a member of the Board Nomination & Remuneration Committee and the Board Compliance Committee.

With over 25 years of experience in financial management, corporate strategy development, governance, and risk management across various industries, including upstream oil and gas, pharmaceutical manufacturing and distribution, and construction and engineering, both in Malaysia and internationally (particularly in Kazakhstan, Indonesia, and the Middle East), she brings a wealth of knowledge to the Board. Having spent nearly 20 years in listed companies and large conglomerates in roles such as Chief Financial Officer (CFO) and equivalent positions, Pn. Roshidah has gained extensive exposure to the requirements and establishment of corporate governance codes and enterprise-wide risk management frameworks in her previous organizations.

She began her career as an auditor with Deloitte and Touche (Kassim Chan & Co) in 1989. She left the firm in December 1992 to join Time Engineering Berhad as Group Accountant.

In January 1995, Pn. Roshidah moved to Remedi Pharmaceuticals (M) Sdn Bhd (Remedi) to lead the Finance Department. At that time, Remedi had just secured a 15-year concession contract to manage the procurement of medicines for the Ministry of Health Malaysia. She was also directly involved in the merger and acquisition of Remedi, Raza Manufacturing Berhad, and Strand Pharmaceuticals Sdn Bhd by Pharmaniaga Berhad (Pharmaniaga) in 1998, as well as Pharmaniaga’s public listing on the Bursa Securities in 1999. In January 2000, she was promoted to the position of General Manager of Finance, and later in April 2003, she was appointed as the Chief Financial Officer of Pharmaniaga. She also served as Chief Operating Officer of Pharmaniaga from 2006 until March 2008.

Pn. Roshidah spent the next two years, until early 2010, as the Director of Finance at UEM Group Berhad and UEM Builders Berhad before returning to Pharmaniaga to assist the company in finalizing negotiations for the renewal of its concession agreement and preparing for changes in the controlling shareholder.

After leaving Pharmaniaga in March 2011, she had a brief period as a business consultant. From April 2013 to October 2016, she served as the Chief Financial Officer of Sumatec Resources Berhad.

Pn. Roshidah holds a Bachelor of Arts in Accounting from the South Australian Institute of Technology, Australia (now known as the University of South Australia), which she obtained in 1988. She is a member of the Malaysian Institute of Accountants and a CPA Australia member since 1992.

Encik Amirul Nasir Abdul Rahim is currently the Chief Financial Officer (CFO) of Bank Muamalat Malaysia Berhad (BMMB), effective 1 September 2021. Prior to joining BMMB, he served as the Director of Strategy & Finance at CIMB Niaga, Indonesia.