The 500 Who Make the Islamic Economy

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The 500 Who Make the Islamic Economy The 500 who make the Islamic Economy 2015 PRE-VERSION INTRODUCTION The Islamic economy, also described as the Halal industry, is the fastest growing segment of world’s economy. It encompasses one human being out of five. It is a blank page that still needs to be written. The Islamic economy faces several challenges including: - the lack of structures and instruments to assess its development - the predominance of the Islamic finance segment - the communautarism An economy needs to be structured to develop to the fullest. In the Islamic economy, struc- tures, organisations, standards and instruments are all very new. The Global international organisations like the IMF or the Workd Bank have recently started to look at it seriously. Institutions tend to predominantly have a view on the sole Islamic financial segment, which is the visible part of the Islamic iceberg. Without sound structures, control bodies and instruments, the Halal industry will evolve between « Halalywood » and « Halaloween », a success or a horror show where the Muslim consumer will either win or lose. The riper segment of the Islamic Economy is Islamic Finance. The Economy and the Finance are interrelated. They need to complete each other. The Islamic economy is the body and Islamic finance is the blood that irrigates the body. If we want to avoid the clashes of the conventional world, we need to work at making Islamic finance a part of the Islamic economy and not the contrary. The Islamic economy is a vibrant part of world’s economy, just like fair trade or the organic segment industry. Islam should not suffer from communautarization which excludes rather than englobes. In economic terms, it is obvious that the Islamic economy goes beyond the Islamic countries or the OIC. Most of the suppliers in the Halal industry are based in the West, London is the world’s Capital of Islamic Finance, there are 40 million Muslims in Europe and more Muslims in China than in the GCC ! Therefore, the Islamic economy is a global pheno- menon, like it or not. The oumma of consumerism goes beyond the Islamic world and needs to be regarded with pragmatic eyes and no emotional distress. The ISLAMICA 500 is an independent instrument to assess the dynamic of the Islamic eco- nomy. The global leaders recognized in the ISLAMICA 500 witness a variety of profiles and industries showing the diversity of the achievements made at a global scale, beyond gender, nationality, religion, sectors. From rulers with global thought vision to hard working professionals with concrete achieve- ments, the ISLAMICA 500 is a unique window of the best of what the Islamic economy can offer. The ISLAMICA 500 is a unique independent source of informa- tion to connect with the Global leaders of the Islamic economy. Prof. Laurent Marlière Publisher THE TOP 50 BY ALPHABETICAL ORDER Title Last Name First Name Designation/po- Company name Company’s sition country Dr. Abdulaal Mahmoud CEO Aafaq Islamic Finance UAE Abdulmohsen Hamad Chairman Kuwait Finance House Kuwait Al-Marzouq Akhtar Navid CEO & Founder Alchemiya Media UK Al Aboodi Khaled Mo- CEO and General Islamic Corporation for the Saudi hammed Manager Development of the Private Arabia Sector (ICD) Al Awar Abdulla Mo- CEO DIEDC (Dubai Islamic Economy UAE hammed Development Centre) H.E. Al Madani Ahmed Mo- President Islamic Development Bank KSA Dr. hammed Ali Al-Ghannam Ahmad Director General Saudi Fund for Development Saudi Arabia Al-Jabri Hasan Shakib CEO SEDCO Capital Saudi Arabia Dr. Tan Aziz Zeti Akhtar Governor Bank of Negara Malaysia Sri Prof. Azmi Omar Mohamed Director General Islamic Research & Training Saudi Institute (IRTI) Arabia Bahardeen Fazal CEO CrescentRating & HalalTrip Singapore Datuk Bakar Mohammad Founder and Amanie Advisors Malaysia Dr. Daud Group Chairman Mr. Belatik Abdelilah Secretary General CIBAFI Bahrain Bin Ghalaita Jamal Saeed CEO Emirates Islamic Bank UAE Dato Bin Mustapha Othman Chairman Jakim Malaysia Haji Boulif Mohamed Managing Director Al Maalya Islamic Finance Belgium Consulting Charot Philippe Karim Président Agro-food industry - Vita Meal Morocco Dr. Chilwan Adnan CEO Dubai Islamic Bank UAE Cox Stella Founder & Senior DDCAP UK Analyst Deschamps Marc Advisor in Islamic AWEX Belgium Economy Durrani Adnan CEO Saffron Road USA Dr. Emir Hidayat Sutan Head of Business University College of Bahrain Bahrain Administration and Humanities Department Dr. Farook Sayd CEO Middle East Global Advisors UAE Freeman Ashley Senior Counsel Charles Russell Speechlys LLP UK 4 Gamal Bassel Group Chief exe- QIB (Qatar Islamic Bank) Qatar cutive officer Hakim Dr. Ir. Lukma- Managing director LPPOM MUI Indonesia nul Hisham Muzaffar Group Head, Isla- Maybank Islamic Malaysia mic Banking/ Chief Executive Officer Mr. Irfan Harris Managing Director EIIB-Rasmala UK Jamil Bidin Y. Bhg. Dato’ CEO Halal Industry Development Malaysia Seri Corporation (HDC) Datuk Kamzo Noripah Chairman of Malaysia US Chamber Of Malaysia Islamic Finance Commerce Industry Council Kateeb Mohammed CEO Path Solutions Kuwait Khan Iqbal CEO Fajr Capital UAE Lootah Saleh CEO Al Islami foods UAE Datin Mahbob Maznah CEO Amislamic Fund Malaysia Mahmoud Tirad M. CEO ADIB UAE Masood Faisal Founder American Muslim Consumer USA Consortium Dr. Merah Hamed Secretary General Accounting and Auditing Or- Bahrain ganisation for Islamic Financial Institutions (AAOIFI) Salameh Constantin Chief Executive Al-Ghurair Investment UAE Officer Salim Anthoni President Director Indofood Indonesia Mrs Sen Sebnem Head of Tradeflow DMCC UAE Seyidli Elnur Chairman HalalBooking.com UK Shahul Hamid Mohamad Senior MD & CIMB Islamic Malaysia Safri Deputy CEO Shikoh Rafi-uddin Founder & CEO DinarStandard USA Siddiqui Rushdi CEO ZilZar Malaysia Uyan Ufuk CEO and member Kuveyt Turk Turkey of the Board of Directors Veettil Abdul Yusuffali Managing Director LuLu Group International UAE Kader Musaliam Mr Vicary Abdul- Daud President & CEO INCEIF Malaysia lah Dr. Wilson Jonathan Editor-in-chief, Emerald Group Publishing Ltd. UK Journal of Islamic Marketing Prof. Yassine Talal Managing Director Crescent Wealth Australia Yousif Adnan Ahmed President & Chief Al Baraka Banking Group (ABG) Bahrain Executive 5 MEDIA PARTNERS Editors: Director of publications: Prof. Laurent Marlière Project manager: Zineb Bensaïd & Mounia Filali Maarouf Printer: Copyhouse, Belgium Distribution: Distributed by Isfin, A brand of Brainmatch SCS Survey and datas collected as 30th May 2015. Any subsequent change will be corrected in future editions, if any. © 2015 by Islamica 500, A Brand of Powerlex Ltd, 8 Northumberland Avenue, London United Kingdom All rights reserved. No part of this publication may be reproduced in any manner without permission. All images are © the nominees, reproduced with the kind permission of the nominees, public availability and/or their representatives. Every effort has been made to contact copyright holders and to ensure that all the infor- mation presented is correct. Some of the facts in this volume may be subject to debate or dispute. If proper copyright acknowledgment has not been made, or for clarifications and corrections, please contact the publishers and we will correct the information in future reprintings, if any. ISBN in registration REACH THE UNREACHABLES ISLAMICA 500 is a an exclusive guide of selected thought leaders, executives, professionals and entrepreneurs from around the world, active in the Islamic Economy and the Halal indus- try. It is THE reference for Global Leaders in the Islamic Economy. The ISLAMICA 500 is the only independent source of information to connect with the Global leaders of the Islamic economy. Willing to be connected at the highest level with Leaders of the Islamic Economy. For full biography and direct contact details, contact us at [email protected] METHODOLOGY Personalities listed have been selected from across the globe and invitation is granted only to those individuals who have demonstrated leadership, achievement and contribution to the development of the Islamic economy. Personalities active in our area of practice have been surveyed to be part of that unique and exclusive guide which is a premiere as it focuses solely on the Economy, the contribution of the Islamic Economy to World economy. Each personality anticipated to be part of the ISLAMICA 500 receives a draft of bio that he/ she can update or amend. The ISLAMICA 500 has been analysing the capabilities of individuals across the world, with a comprehensive research programme revised and updated every year to bring the most up- to-date vision of the global Islamic market. The TOP 50 and the personality of the year are based on a series of criteria to highlight who are providing the most cutting edge and innovative achievements to the Islamic Economy. Our research is based on the work of highly qualified consultants and peer to peer review. 7 THE TOP 500 BY ALPHABETICAL ORDER (THE List) * Profiles not listed in this edition but will be available on the website Title First Name Last Name Designation/position Company name Company’s country Mr. Abdel Abu Mousa Governor Faisal Islamic Bank Egypt * Hamid Hamad Rasool Director Wapda Sukuk pakistan * Mohammed Saleh Chairman of the Board Jordan securities jordan * Hourani of Commissioners commission Datin Paduka Sheikh CEO KPJ Healthcare Malaysia * Siti Sa’diah Bakir Bader A. AL-Su- CEO Global Investment Kuwait * mait House Mr. Jeffery A. Hedberg CEO Pakistan Mobile Com- Pakistan * munications John A. Sandwick General manager Safa Investment Switzerland * Services Tn.
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