Akmal Hassan [more info] Chief Executive Officer & Executive Director

Chief Executive Officer of AIIMAN, Akmal Hassan shared at a recent corporate client update in Kuala Lumpur, "We are doing business in very challenging times. Many have been with us since we rolled out our offerings and we have built up the CMS suite to almost RM5.2 billion . We hope to continue building on our track record and expanding our solutions and capabilities to cater to the growing market locally," Akmal concluded.

Updated 1 Oct 2010 - Akmal Hassan succeeded Nor' Azamin Salleh as the Acting Chief Executive Officer of AIIMAN on 1 October 2010 and subsequently appointed as the Chief Executive Officer & Executive Director of AIIMAN on 18 November 2010.

In a briefing held today, Mr. Akmal Hassan, Chief Executive Officer and Executive Director of Asian Islamic Investment Management Sdn Bhd ("AIIMAN")together with Mr. Baiza Bain, Director of Amanie Advisors Sdn Bhd (formerly known as Amanie Business Solutions Sdn. Akmal said, "Firstly, Shariah-compliant products are for everyone and they are competitive in terms of performance, innovation and diversity. As such, Shariah-compliant products should be considered an avenue for diversification rather than a replacement or alternative to their conventional counterparts," Akmal said. The added growth opportunities in both the conventional and Shariah space are compelling reasons to consider Shariah-compliant a staple in all investment portfolios as opposed to a replacement. The risk diversification and attractive returns over time continues to attract migratory investments and is sometimes seen as a threat to the competing conventional products. However, it is impossible for such products to replace the conventional as the whole Islamic Financial System accounts for less than 1 per cent of the global financial system. In closing, Akmal concluded, "There are tremendous opportunities to capture institutional investments from sovereign wealth funds, central banks, takaful and pension funds.

Akmal Hassan, Investment Director of Asian Islamic Investment Management Sdn Bhd. (AIIMAN) shares his views on AIIMAN's perspective on global and local Islamic finance.