Bank Islam Trust Company (Labuan) Ltd (Company No. : LL04013) (“BTL” or “Company”) was incorporated as an offshore company under the Offshore Companies Act 1990 on 20 November 2003.
BTL is a wholly owned subsidiary of Bank Islam Malaysia Berhad. The principal activity of the Company is to carry on business as a trust company in Labuan that offers various services including but not limited to formation and management of offshore company such as provision of registered office, company secretary, resident directors, nominee shareholders, company redomiciliation, agent for the foreign offshore company and accounting services, provision of trustee, custodian and administration services for investment funds, Islamic banking and advisory services, establishment of funds and fund related activities and provision of trustee and waqaf services.
BTL has a wholly owned subsidiary known as BIMB Offshore Company Management Services Sdn Bhd (“BOCM” or Company”)(Company No.: 587171-M). BOCM was incorporated on 23 July 2002 under the Companies Act 1965. The principal activity of the Company is to act as resident corporate secretary and director for offshore companies.
The Chairman - Zahari @ Mohd Zin Bin Idris.
Encik Zahari @ Mohd Zin Idris was the General Manager, Commercial Banking Division of Malayan Banking Berhad before he retired in 1996. Later, he became the Managing Director of Inter-City MPC (M) Sdn Bhd from 1999 to 2005. Encik Zahari is currently the Chairman of Bank Islam Trust Company (Labuan) Ltd, BIMB Offshore Company Management Services Sdn Bhd, BIMB Securities (Holdings) Sdn Bhd and BIMB Securities Sdn Bhd. He is also a director of BIMB Holdings Berhad.
Encik Zahari was appointed as a director of Bank Islam on 20 September 2002.
Encik Zahari has no family relationship with any director and/or major shareholder of Bank Islam. He has no conflict of interest with Bank Islam and neither has he been charged with any offences.
Head, Legal & Secretarial - Maria Mat Said
Puan Maria Mat Said has about 25 years of experience in the banking industry, mainly, performing legal functions. She has been with Bank Islam since 2005 and was appointed to her current position in 2009. Her areas of responsibility include provision of legal and corporate secretarial services for the Bank. As the Company Secretary, Puan Maria ensures proper governance within the Bank.
Puan Maria is also the Group Company Secretary where she acts as the Company Secretary for BIMB Holdings Berhad.
Puan Maria holds a Bachelor of Law from University of Malaya.
Professor Dato' Dr. Ahmad Hidayat Buang
Professor Dato’ Dr Ahmad Hidayat Buang was appointed Chairman of the Shariah Supervisory Council of Bank Islam on 1 April 2015. He has been with the Council since 2011.
Professor Dato’ Dr Ahmad Hidayat is currently a Professor at the Department of Shariah and Law, Academy of Islamic Studies, University of Malaya. He served as the academy’s Director from October 2006 – January 2011. He also served as Deputy Director for the Research and Development section of the academy in 2006 as well as Head of Department of Shariah and Law from 1997-1999.
Professor Dato’ Dr Ahmad Hidayat is currently holding a post as Chairman of Shariah Committee for Takaful Ikhlas Berhad. Prior to that, he served as a Shariah Advisor for several financial institutions and organisations, which includes CIMB Bank Berhad (2005-2006), OCBC Bank (2004-2005), Commerce Tijari Bank (2004-2005), Amanah Raya Unit Trust Management Sdn Bhd (2006-2007), ASM MARA Unit Trust Management Berhad (2004-2006), I-Free Capital Pte Ltd (Singapore) (2003-2005), Bumiputra Commerce Trustee Sdn Bhd (2002-2006) and Perbadanan Usahawan Nasional Berhad (2002). He was also formerly a member of the Shariah Working Committee for Islamic Banking and Takaful for Bank Negara Malaysia (2003-2004) and a member of the Islamic Education Coordination Advisory Council for the Council of Rulers Malaysia (2008-2011).
Professor Dato’ Dr Ahmad Hidayat has no family relationship with any director and/or major shareholder of Bank Islam. He has no conflict of interest with Bank Islam and neither has he been charged with any offences.
Ustaz Dr. Ahmad Shahbari @ Sobri Salamon
Ustaz Dr Ahmad Shahbari @ Sobri Salamon was first appointed as a member of the Shariah Supervisory Council in 1984 and previously the Chairman of the Shariah Supervisory Council of Bank Islam until 31 March 2015. He is also the Chairman of the Shariah Advisory Body of Takaful Malaysia and Chairman of the Shariah Committee of BIMB Investment Management. Ustaz Dr Ahmad Shahbari started his career in 1978 as a lecturer at Universiti Kebangsaan Malaysia (“UKM”) for it’s Shariah Department, Faculty of Islamic Studies and was appointed as an Associate Professor in the Shariah Department in 1984. He had two stints as a lecturer at International Islamic University of Malaysia; the first was on secondment at the university’s Kulliyah of Economics from 1983-1984, and for the second stint, he lectured for Ahmad Ibrahim Kulliyah of Law from 1986-1996. Later, he was appointed as the Executive Director of Pusat Rawatan Islam (Islamic Religious Council of Selangor or MAIS) from 1996-1999 and afterward was appointed as the Executive Chairman of the company until 2015.
Ustaz Dr Ahmad Shahbari previously served as Shariah Advisor to Abrar Group, Arab Malaysia Merchant Bank, Arab Malaysian Finance, PT Takaful Indonesia, Asean ReTakaful International Ltd,Labuan Offshore Banking Financial Authority and a member of Board of Directors Yayasan Pembangunan Ekonomi Islam Malaysia (“YAPIEM”) (1985-1995). He had served as a member of Majlis Agama Islam Selangor (“MAIS”) for 21 years since 1985 and as a member of the Islamic Consultative Council in the Prime Minister’s Office. Ustaz Dr Ahmad Shahbari is an approved Individual Shariah Advisor by the Securities Commissions of Malaysia.
Dr Ahmad Shahbari was awarded ‘Tokoh Ulama’ Bestari Negeri Selangor’ in 2000 and received the ‘Tokoh Ma’al Hijrah Negeri Selangor’ in 2001. He has produced writings in educational history, economy, Islamic banking and Islamic law, for television and publication purposes. His body of work includes 14 books and translations of eight volumes of books on Islamic Jurisprudence by Professor Dr Sheikh Wahba Mustafa al-Zuhayli.
Dr Ahmad Shahbari has no family relationship with any director and/or major shareholder of Bank Islam. He has no conflict of interest with Bank Islam and neither has he been charged with any offences.
Dr. Yasmin Hanani Mohd Safian
Ustazah Dr Yasmin Hanani was appointed as a member of Shariah Supervisory Council in April 2015.She is currently a Senior Lecturer at Faculty of Syariah and Law, Universiti Sains Islam Malaysia (“USIM”). She also serves as a member of Islamic Consultative Committee Majlis Agama Islam Wilayah Persekutuan (“MAIWP”), Jabatan Kemajuan Islam Malaysia’s (“JAKIM”) Malaysian Halal Certification Advisory Committee, a member of Advisory Board for Islamic Finance and Wealth Management Institute (“IFWMI USIM”) and a fellow for Institute of Halal Research and Management (“IHRAM USIM”). Ustazah Dr Yasmin Hanani is a Certified Halal Trainer as well as Islamic Banking and Finance Trainer.
Prior to joining Bank Islam, Ustazah Dr Yasmin Hanani was a Shariah Committee member for Affin Islamic Berhad since 2011 until 2015. She also served as the Dean of Faculty of Shariah Law, Deputy Dean of Postgraduate Centre USIM and was a senate member of USIM.
Ustazah Dr Yasmin Hanani has conducted various researches and written numerous articles on Islamic commercial law, Islamic jurisprudence, Islamic banking, and takaful. She is actively involved in conference presentation and research, training locally and internationally in the related area for both Muslim and Non-Muslim participants.
Ustazah Dr Yasmin Hanani has no family relationship with any director and/or major shareholder of Bank Islam. She has no conflict of interest with Bank Islam and neither has she been charged with any offences.
Assistant Professor Dr. Uzaimah Ibrahim
Assistant Professor Dr Uzaimah Ibrahim was first appointed as a member of the Shariah Supervisory Council in 2009. She is currently an Assistant Professor in Ahmad Ibrahim Kuliyyah of Laws (Department of Islamic Law), International Islamic University of Malaysia (“IIUM”).
Dr Uzaimah is also a Shariah Advisor for Hong Leong MSIG Takaful Berhad, a post she has held since 2006. Prior to that, she was a Shariah Advisor for Hong Leong Islamic Bank Berhad. In 2005, Dr Uzaimah became the Deputy Director of the Islamic Banking and Finance Institute, IIUM, an international centre for education and research in Islamic finance.
Dr Uzaimah was accredited as a Syar’ie lawyer in 1995 and has conducted various researches on Islamic commercial law, Islamic jurisprudence, Islamic banking law, derivatives and securitisation as well as takaful and corporate social responsibility. She has also given numerous presentations in seminars and workshops, and contributed a chapter to Halsbury’s Laws of Malaysia published by Malaysian Law Journal.
Dr Uzaimah has no family relationship with any director and/or major shareholder of Bank Islam. She has no conflict of interest with Bank Islam and neither has she been charged with any offences.
SS Ustaz Dr. Anhar Opir
Saiful Anuar Hambali
Masdayana Md Setamam,
Chief Executive Officer / Principal Officer
She possesses a bachelor degree in International Business degree from University Malaysia Sabah (UMS) and started her career with BTL back in 2005 as the Assistant Manager which undertakes the task of all financial & fiscal management aspects of BTL’s operations.
She has over 11 years of extensive experience in Offshore Trust industries and held various position including Compliance Manager, Business Continuity Management Division Coordinator as well as Business Risk Officer. She was also appointed by the board of director of BTL to be the Manager and authorized officer of BIMB Offshore Company Management Services which was the subsidiary company of BTL.
Currently she is the Chief Executive Officer and also a Principal Officer and a qualified Trust Officer, a licensed certified by the Labuan FSA for BTL.
She started joining BTL in the year 2000 and has served with BTL for more than 17 years and possessing tremendous experience in Offshore Trust industries.
She is currently holding a post of Operations Manager and entrusted to manage BTL’s overall operations units including the secretarial services department, Trust & Foundation department as well as finance administration department.
The area of expertise including the establishment of Labuan licensed entities under the Labuan IBFC.
Eric Rodriquez Sigutil,
Legal and Secreterial Manager
A law graduate from United Kingdom and obtained his Bachelor of Laws, LLB (Hons) from university of Northumbria, at Newcastle Upon Tyne and currently holding a post of Manager Legal & Secretarial in BTL.
He was also appointed as a head of BTL Risk Controller recommended by CEO and also a qualified Trust Officer, a licensed certified by the Labuan FSA.
He has served BTL for more than 5 years and has extensive experience in providing advice and solution in establishing an offshore entity particularly the area of wealth management products such as Labuan Foundation and Labuan Trust.