Serving the Islamic Ummah


Mr. Ahmed Murad Hammouda - Chairman

Mr. Hammouda has more than 25 years of experience in Finance, Accounting & Auditing, Risk Management and developing Management Information Systems, covering a wide range of activities in many countries. Since July 2008 he has been serving as Director, Group Internal Audit Department at Islamic Development Bank (IDB). He has also served in the capacity of Division Chief, Operational and Market Risk in Risk Management Department of IDB, following his association with the IDB as Section Head, Treasury Liquidity Portfolio in the Risk Management Department.
Prior to the noteworthy positions held at IDB, he provided his professional services at Ernst & Young, Kuwait and Jeddah offices as Accountant, following his association with KPMG Hazem Hassan – Cairo, Egypt as Assistant Auditor. Mr. Ahmed Murad Hammouda has a Bachelor of Commerce (Accountancy Major) Ain Shams University – Cairo, Egypt and is CPA (Certified Public Accountant) , USA and CFE (Certified Fraud Examiner) USA.

Mr. Mohd Razlan Mohamed - Vice Chairman

Mr. Razlan is the Chief Executive Officer of Malaysian Rating Corporation Berhad (MARC), a Malaysian domestic credit rating agency. He started his career as a business analyst with ExxonMobil Production Malaysia Inc. undertaking project economic investment appraisals for the company’s upstream oil and gas projects.
After 3 years in the oil and gas industry, he joined the corporate and investment banking sector which included serving in Maybank Investment Bank and Bank of America (Malaysia). During his 14-year career as an investment banking, he had accumulated extensive .experience originating and structuring a wide array of corporate debt, project finance and structured finance transactions via the loan and Islamic debt capital markets.
He was appointed CEO of MARC in 2007. Razlan graduated with a BSE (cum laude) degree in Civil Engineering from Duke University, USA and obtained an MBA in Finance from Rice University, USA. He is also an independent non-executive Director of HSBC Amanah Malaysia Berhad.

Mr. Faheem Ahmad - Director on Special Assignments

Mr. Faheem Ahmad was recognized among top 500 Islamic personalities by Islamica500.
Faheem Ahmad is the founder of the VIS Group, Pakistan. He has top level management experience at international level in the fields of credit rating, and Islamic and conventional financial risk assessment modeling. In 1997, he formed a JV with a leading rating agency of USA, to form DCR-VIS. JCRA joined JCR-VIS subsequent to DCR’s merger with Fitch. JCR-VIS is currently a prominent financial services provider in Pakistan and is recognized by all relevant regulatory authorities as a full service rating provider.
In 2001, Mr. Ahmad participated in the establishment of Islamic International Rating Agency (IIRA) in Bahrain. In 2011, he developed and launched a ‘Fiduciary Rating System’; capturing Mudarib's quality, governance and compliance with Shari’a principles. IIRA now has mandates in 11 Islamic countries such as Saudi Arabia, Bahrain, Qatar, Sudan, Turkey, Jordan, Pakistan, Egypt, and UAE.
In 2002, he was a member of the founding team that established the Association of Credit Rating Agencies in Asia (ACRAA), headquartered in Manila. ACRAA represents 30 rating agencies in Asia. In December 2013, recognizing his commitment towards ACRAA, Mr. Ahmad was elected as the Chairman of the Board of Directors. During his association with ACRAA, he has also served as the Chairman of the Best Practices Committee, he played a leading role to develop "ACRAA Code of Conduct Fundamentals for Domestic Credit Rating Agencies" and important publications, including ‘Credit Ratings – The Basics Revisited’, ‘Rating Shopping'. In this regard, Mr. Ahmad in 2012, conducted a study, funded by ADB, for the development of ‘Idealized Default Curves’ for mapping national scale ratings to facilitate cross border fund flows.
Mr. Faheem Ahmad also serves on the Board of Directors of CRISL, Bangladesh, a company he helped found in 2003. CRISL has since grown to be one of the largest and most prominent rating agencies in Bangladesh and is recognized by all relevant, national, regulatory authorities.

Mr. Abdulrahman Shehab - Board Member

Mr. Shehab is a holder of Master in Business Administration, University of Hull, UK. He Has over 37 years of banking experience gained in senior positions with various international financial institutions, both Islamic and conventional.
He commenced his career with Habib Bank Ltd in 1973, later worked with (then) Chase Manhattan Bank, Bahrain, Bank of America, Bahrain, American Express Bank, Bahrain and Bahrain Middle East Bank, Bahrain.
After a successful career with Shamil Bank of Bahrain (formerly Faysal Islamic Bank of Bahrain), he was appointed as Assistant Chief Executive Officer – Operations at Bahrain Islamic Bank in 2002, and thereafter joined Al Baraka Banking Group in May 2006. Mr. Shehab is a Board member of Banque Al Baraka D’Algérie, and Al Baraka Bank Ltd Pakistan.

Mr. Khlaed Zadah - Board Member

Mr. Zubair Nawaz Chattha - Board Member

Sabeen Saleem,CFA - Chief Executive Officer

Sabeen Saleem, CFA has 19 years of multifaceted experience in financial risk assessments spanning Banks, Manufacturing Concerns, Fund Managers and Insurance Companies, with specialized focus on Islamic finance in all of these areas. Sabeen has extensive experience working in developing countries, chiefly in Pakistan, but also very notably in Bangladesh and Middle Eastern countries. She has been associated with the credit ratings industry for over a decade and has pioneered ratings in the social sector of Pakistan while also being actively involved in research endeavors of considerable significance in the area of Islamic finance. She has authored a number of rating methodologies for several sectors and has been actively involved in writing for reputed journals and speaking at high profile gatherings of finance professionals. She has a Masters degree from the Institute of Business Administration, Karachi and is also a CFA charter holder.