Muslim Money with Dr Imran Lum
The Muslim Money podcast, hosted by Dr Imran Lum, talks about anything and everything related to Muslims and money. The idea behind this podcast series is to increase Islamic financial literacy on all things related to Muslims and Money. Leveraging the host's academic studies and work in the Islamic finance industry, the series covers some of the prohibitions namely ribā or what many interpret as interest, Islamic economics, Islamic finance structures, and also what it's like to work in the Islamic finance industry. The host talks to experts, business leaders, investors, and academics who are shaping the Islamic finance industry and it will also cover money and relationships. About the host: Imran is the Head of an award-winning Islamic Finance business at a major Australian bank and is the author of 'A Comparative Study of Islamic Finance in Australia and the UK' (Routledge, UK, 2022). Prior to this he served on the Board of the Australia-ASEAN Council, Department of Foreign Affairs and Trade, and was an Honorary Research Fellow at the Institute for Religion, Politics and Society at the Australian Catholic University. Imran was ranked in the top 500 who make the Islamic Economy by ISLAMICA 500 (2017-2019) and he was the 2019 Corporate Winner for the 40 Under 40 Most Influential Asian-Australians. Imran has an undergraduate degree from the University of Adelaide, a Masters in Islamic Studies from the University of New England and a PhD in Islamic Studies from the Melbourne Law School and the Asia Institute at the University of Melbourne.
Muslim Money with Dr Imran Lum
Episode 10: Oz Ahmed's Path to Becoming One of the Youngest CEOs - Part B
This is the second part of our discussion with one of the biggest movers and shakers in the Islamic finance industry Oz Ahmed (CEO, Al-Rajhi Bank, Malaysia). In this episode, we track his rapid rise to becoming one of the youngest CEOs of HSBC and in Malaysia. We cover Value-Based Intermediation (VBI) a move towards re-orienting Islamic finance business models towards realising the Maqasid al-Shariah (Objectives of Shariah). We also discuss Al-Rajhi's innovative approach to 'Unbanking the bank'.
Arsalaan 'Oz' Ahmed
Oz is the current Chief Executive Officer of Al-Rajhi Bank Malaysia and is a recognised leader in Islamic finance with over 15 years in financial services, he has extensive experience in wholesale and retail banking across Europe, GCC and South East Asia. From Analyst to Chief Executive innovating and championing change across the Islamic finance industry, Oz has worked in Corporate Banking and Retail Banking and is a leader in Debt Capital Markets / Sukuk bonds structuring and issuances. He was involved in many world-first deals including overseeing the ‘United Nations Sustainable Development Goals’ Sukuk arranged by HSBC Amanah. Oz is a Pioneer and industry leader in banking for Value-Based Intermediation (Value Based Banking); and a thought leader in Sustainable Business Strategy. He is also the Chair of the Malaysian Financial Services JC3 (Joint Committee on Climate Change) Sub-Committee 4 on Engagement and Capacity Building and the Treasurer of the Association of Islamic Banking and Financial Institutions, Malaysia (AIBIM). Oz is also one of the Founders & a Board Member of a UK FinTech company, MMOB, which specialises in Open Banking and Open Finance technology infrastructure.
Oz holds a Master of Business Administration (MBA) with distinction from London Business School executive program a Corporate Director Certificate from the Harvard Business School, and certificates for Sustainability from both Harvard Business School and London Business School. He has a Masters in Economics, Finance and Management from The University Bristol; and a Bachelors Degree in Information Management from University College London. Oz has received Islamic Finance industry acknowledgment through The Asset AAA 2018 award for Islamic Banker of the year for the industry.
Prior to his current role he was the previously he was the CEO, HSBC Amanah Malaysia Berhad, Head of Islamic Treasury, The Saudi British Bank and the Head of Capital Financing & Financial Institutions Dukhan bank, Qatar.