Follow Updates

Wan Abdul Rahim Kamil currently serves as an Islamic Capital Market consultant with the Securities Commission (Malaysia's Capital Market regulatory authority). Being in that position, he advise and help
formulate and develop the regulatory as well as market framework for the Islamic capital market industry in Malaysia. He was also involved in similar tasks with respect to the Islamic banking works during his
days with Bank Islam Malaysia Berhad.

During his tenure as Managing Director / CEO of Abrar Discounts Berhad from 1994 to 2006, he successfully converted and repositioned the then-fledgling Jati Discounts Berhad into a fully-dedicated
Islamic Discount House and into an active Capital Market industry player that had innovated several capital market products and treasury mechanisms into the industry.

As one of the pioneer staff of Bank Islam from 1983 to 2003, he was entrusted to handle Corporate Advisory, Investment Banking and Project Development activities. Throughout his three decades
involvement in Islamic finance, he is personally credited with several of the Islamic finance innovations introduced in the market such as Rahnu (for Islamic 'pawnshops'), Murabahah Notes Issuance Facility (MuNIF) commercial papers, Islamic bonds (Sukuk) issued under the contracts of Musharakah, Qardhul Hasan and Bai' Bithaman Ajil (BAIDS) and the first Islamic Asset-Backed Securities (ABS).

Much-sought after expert on Islamic finance, he actively contributes in his capacity as member of International Islamic Financial Market (IIFM)'s Market & Product Development Committee, NationalEconomic Action Committee (NEAC)'s Islamic Banking Committee, Securities Commission's Islamic Capital Market Working Group and Labuan LOFSA's Task Force on Islamic Finance. Elsewhere, Wan Rahim has been a consultant for Egypt Financial Services and the United States Agency for International Development (or USAID) in the development of the sukuk and bond markets. He is a regular contributor to the Islamic Banker, an internationally-distributed monthly publication on Islamic finance.

He holds a Professional Membership from the Institute of tatisticians (now merged with Royal Statistical Society) of United Kingdom. He also holds a post-graduate degree from the International Institute of
Islamic Banking and Economics, Republic of Northern Cyprus. Wan Rahim is currently an Academic Fellow at Kolej Universiti Insaniah, Kedah Darul Aman, Malaysia. Having had exposures from mid 1970's at Aseambankers (M) Berhad, Bank Islam Malaysia Berhad, Abrar Discounts Berhad and now Securities Commission, Wan Rahim is regarded as a specialist in Islamic Capital Market and Liquidity Management.
Wan Rahim is a director and principal consultant at the First International Consulting Sdn Bhd, Malaysia, a firm that specialises in Islamic finance consulting, training and advisory.