Amanie Advisors opened a new office in the Egyptian capital of Cairo, having as purpose to captalise on the considerable business potential in Egypt and North Africa advising bankers and fund managers.
Dr. Mohd Daud Bakar is administring the Amanie Advisors group.
Dr. Bakar is also the Chairman of Shariah Advisory Board of Central Bank of Malaysia and Securities Commission of Malaysia as well a member of Shariah board of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI); Morgan Stanley (Dubai); Noor Islamic Bank and Takaful (Dubai); Bank of London and Middle East (London); and Jadwa-Rusell Islamic Funds (Riyad), amongst others.
Kuwait International Bank (KIB) is keen on opportunities for mutual ventures and cooperation with Islamic finance and banking institutions, both in and beyond Kuwait.
Assistant Chief Executive Officer (CEO) Diyaa Al-Asfoor was speaking to the press upon a visit by a delegation from the Central bank of Malaysia and noted this visit was important for exchange of expertise in the field.