Muamalat Invest Sdn Bhd

Md Khairuddin Haji Arshad was appointed as an Independent Non-Executive Director of Bank Muamalat Malaysia Berhad on 10 September 2019. He also serves as the Chairman of the Board Risk & Compliance Committee and a member of the Board Audit and Board Veto Committees.

Md Khairuddin has over 25 years of experience in the banking industry. He started his career with Bank Negara Malaysia (BNM) in 1991 and served in the Bank Regulation Department and Islamic Banking and Takaful Department until 2005. He was involved in the establishment of the International Islamic Financial Market and the Islamic Financial Services Board.

He was part of the pioneer management team tasked with the establishment of Perbadanan Insurans Deposit Malaysia. He served as Chief Operating Officer and General Manager, Insurance, Risk Assessment and Monitoring Division since its establishment in 2005 until 2013. He was also the first Chairman of the Islamic Deposit Insurance Group of International Association of Deposit Insurers.

He joined Bank Rakyat in 2013 as Chief Risk Officer and his last position was Chief Operating Officer where he was entrusted with the responsibilities to expand the retail and corporate banking businesses, ensure effective implementation of the recovery and rehabilitation activities, manage corporate services effectively and continuously improve the effectiveness and efficiencies of the overall banking operations.

He holds a Bachelor’s Degree in Accounting from the International Islamic University Malaysia. He also attended the Oxford Advanced Management and Leadership Programme and ICLIF Global Leadership Development Programme. He also has a Master of Business Administration from Heriot Watt University.

Roshidah Abdullah was appointed as an Independent Non-Executive Director of Bank Muamalat Malaysia Berhad on 1 September 2021. She is the Chairman of the Board Audit Committee and a member of the Board Nomination & Remuneration and Board Technology Committees.

Roshidah has more than 26 years’ experience in financial management, corporate strategy development, governance and risk management in various organisations across diverse industries – upstream oil and gas; pharmaceutical manufacturing and distribution; construction and engineering – with operations in Malaysia and abroad (particularly Kazakhstan, Indonesia and the Middle East). Having worked for almost 20 years in public listed companies and large conglomerates in the capacity of Chief Financial Officer and equivalent positions, she has had much exposure to the requirements and set up a code of corporate governance and enterprise-wide risk management framework in her previous organisations.

Roshidah started her career as an auditor with Deloitte and Touche (Kassim Chan & Co) in 1989. She left the firm in December 1992 to join Time Engineering Berhad as a Group Accountant.

In January 1995, Roshidah moved to Remedi Pharmaceuticals (M) Sdn Bhd (Remedi) to head the Finance Department. Remedi was at that point just secured a 15-year concession contract to manage the drug procurement for the Ministry of Health Malaysia. She was also directly involved in the merger and acquisition of Remedi, Raza Manufacturing Berhad and Strand Pharmaceuticals Sdn Bhd by Pharmaniaga Berhad (Pharmaniaga) in 1998, and the subsequent public listing of Pharmaniaga on Bursa Securities in 1999. In January 2000, Roshidah was promoted as the General Manager Finance and later in April 2003, as the Chief Financial Officer for Pharmaniaga. She was also Pharmaniaga’s Chief Operating Officer from 2006 to March 2008.

Roshidah then spent the next two years until early 2010 as Finance Director at UEM Group Berhad and UEM Builders Berhad before she returned to Pharmaniaga to assist the Company to, amongst others, finalise its negotiation for renewal of the concession agreement and prepare for the change in controlling shareholders.

After leaving Pharmaniaga in March 2011, Roshidah had a short stint as a business consultant. Then from April 2013 to October 2016, she was the Chief Financial Officer with Sumatec Resources Berhad.

She is currently an Independent Non-Executive Director of Pos Malaysia Berhad and Independent Director of Protect Health Corporation Sdn Bhd.

Roshidah obtained a Bachelors of Arts degree in Accountancy from South Australian Institute of Technology, Australia (now known as University of South Australia) in 1988. She is also a chartered member of Malaysian Institute of Accountants and a certified member of Australian CPA since 1992.

Encik Amirul Nasir Abdul Rahim is a seasoned finance leader with more than 18 years of experience driving financial excellence, strategic transformation and sustainable growth across Malaysia and Indonesia. Since his appointment as Chief Financial Officer of Bank Muamalat Malaysia Berhad in 2021, he has been instrumental in strengthening the Bank’s financial resilience and positioning it for long-term growth.

Under his stewardship, Bank Muamalat has delivered three consecutive years of record profit before tax, reflecting strong revenue generation and disciplined cost management. More importantly, Encik Amirul has been at the forefront of transforming the Bank’s finance function in line with its strategic focus areas, ensuring finance plays a pivotal role in driving sustainable growth. He has championed the rollout of major transformation initiatives, embedding automation, digital tools and advanced analytics to strengthen strategic decision-making, optimize capital and liquidity management, and elevate financial performance monitoring. His forward-looking approach has redefined finance as a true strategic partner to the business, directly supporting the Bank’s long-term ambitions and competitive positioning.

Prior to joining Bank Muamalat, he held senior leadership roles within CIMB Niaga and CIMB Group, where he spearheaded the regional implementation of IFRS 9, pioneered Risk Adjusted Return on Capital (RAROC) frameworks, and advanced transformation projects that strengthened forecasting, credit risk management and revenue strategies. He began his career at Ernst & Young in Malaysia and Singapore, specializing in banking audits and advisory, providing him with a solid foundation in governance and risk oversight.

A Chartered Accountant by profession, Encik Amirul holds an ACCA qualification from Sunway University College, where he distinguished himself by securing national first place in the Audit Paper. Widely respected for his strategic foresight, integrity and commitment to excellence, Encik Amirul continues to contribute to board governance, regulatory advisory and financial stewardship, driving Bank Muamalat’s journey towards sustainable growth and operational excellence.

Recently, Encik Amirul was conferred as the World Muslim Outstanding CFO Excellence Award at the InterContinental Kuala Lumpur, Malaysia and the Top ASEAN CFO Excellence Award at the ASEAN CFO Sustainability Leadership Summit 2025, an acknowledgement of his strategic leadership in financial management, governance excellence, and ethical stewardship. This regional recognition not only reflects his personal calibre but also reinforces Bank Muamalat’s commitment to strong financial discipline, sustainability-driven growth, and high-performance leadership as it advances its long-term strategic ambitions.

Khadijah Sairah joined Muamalat Invest in May 2024. She brings with her more than 26 years of industry experience. Her previous exposures to equity research, investment analysis, portfolio management, unit trust operations, product development, business development and marketing have moulded her into a well-rounded leader in the fund management industry.

During her previous leadership as the Executive Director/Chief Executive Officer of Eastspring Al-Wara’ Investment Bhd, she was highly regarded for her contribution towards turning the company to profit and doubling its assets under management. From her stints at several other asset managers (both local and foreign) with bank-backing, trustee-backing and insurance-backing with regional and global collaborations have provided her with holistic foresight of the potential opportunities within the capital market.

She started her career in PNB in 1997 as an investment analyst and later progressed to managing fund, involved in the unit trust operation at ASNB (contributing towards the business process improvement at the back-office) and product development during her 11 years with the PNB Group. During her career journey, she has headed the Business Development & Marketing at Meridian Asset Management, the Unit Trust Sales & Marketing at AmanahRaya Investment, the Portfolio Advisory at Manulife Asset Management, the Institutional Business at RHB Islamic International Asset Management and the team lead of Eastspring Al-Wara’ Investment.

She holds a MBA (Finance) with Distinction from University of Malaya, a Graduate Diploma in Applied Finance and Investment (GDAFI) from Securities Institute of Australia/PNBi and BBA (Transport) with Best Student Award from MARA University of Technology.

Khadijah Sairah joined Muamalat Invest in May 2024. She brings with her more than 26 years of industry experience. Her previous exposures to equity research, investment analysis, portfolio management, unit trust operations, product development, business development and marketing have moulded her into a well-rounded leader in the fund management industry.

During her previous leadership as the Executive Director/Chief Executive Officer of Eastspring Al-Wara’ Investment Bhd, she was highly regarded for her contribution towards turning the company to profit and doubling its assets under management. From her stints at several other asset managers (both local and foreign) with bank-backing, trustee-backing and insurance-backing with regional and global collaborations have provided her with holistic foresight of the potential opportunities within the capital market.

She started her career in PNB in 1997 as an investment analyst and later progressed to managing fund, involved in the unit trust operation at ASNB (contributing towards the business process improvement at the back-office) and product development during her 11 years with the PNB Group. During her career journey, she has headed the Business Development & Marketing at Meridian Asset Management, the Unit Trust Sales & Marketing at AmanahRaya Investment, the Portfolio Advisory at Manulife Asset Management, the Institutional Business at RHB Islamic International Asset Management and the team lead of Eastspring Al-Wara’ Investment.

She holds a MBA (Finance) with Distinction from University of Malaya, a Graduate Diploma in Applied Finance and Investment (GDAFI) from Securities Institute of Australia/PNBi and BBA (Transport) with Best Student Award from MARA University of Technology.

Ling Kim Moy joined Muamalat Invest Sdn Bhd (MISB) in November 2023. She holds a Bachelor’s Degree in Accounting with Honors from the University of Malaya. She has 12 years of experience in finance and 15 years in fund management.

She began her career at Hong Leong Finance as an Internal Audit Executive. In 1994, she took on the role of Accountant at Hong Leong Management and later moved to Hong Leong Yamaha Distributors in 1997. In 1999, she was promoted to Finance Manager at Hong Leong Fund Management and became a registered compliance officer with the Securities Commission. In 2008, she joined Amundi Asset Management as Senior Manager, Finance and Administration, where she was part of the pioneering team, and was later promoted to Chief Operating Officer and Associate Director in 2014. Before joining MISB, she served as the Financial Controller at HL Management Co.

Mohd Nur Azrul Bin Mohd Tarmizi joined Muamalat Invest Sdn Bhd (MISB) in November 2025. He holds a Master’s Degree in Quantitative Sciences with a major in Financial Engineering and a Bachelor’s Degree in Actuarial Science, both from Universiti Teknologi MARA. He is certified in Advance AML/CFT and regulatory compliance by the Asian Institute of Chartered Bankers.

He brings over 15 years of experience in compliance, financial crime prevention, and risk management across banking, investment, and insurance sectors. He began his career at HSBC, where he was involved in customer support and later specialized in financial crime and regulatory compliance.

He then moved to AmFunds Management Berhad, focusing on compliance frameworks and regulatory submissions, before joining BIMB Investment Management Berhad, where he managed AML/CFT/CPF advisory, policy development, and governance oversight.

Mohd Azmir Bin Mohd Shahidan joined Muamalat Invest Sdn Bhd (MISB) in August 2025. He has more than 15 years of professional experience encompassing areas of analysis, product research, and development. He is extensively involved in the Malaysian Capital and Financial markets and has been part of a dynamic team responsible for analysis on Quantitative Strategies, Asset Allocation Recommendations, Risk Management and Attribution Analysis, Economic Outlook, and the generation of product for various asset classes.

From his previous posting in a Fund Management firm, he was tasked to perform daily investment activities in line with the firm’s mandate such as Trading, Allocation, Conformation, and Reporting of Security Transactions. He was responsible for analysing, evaluating and recommending investment actions on listed companies within the stock universe.

He has conducted Due Diligence on companies and industries by researching, reviewing financial statements, and market data. He has also set the comprehensive Risk Appetite Statements (RAS) and Asset Liability Management (ALM) framework as a guide for achieving the optimal structure in addressing risk, ensuring all Key Risk Indicator (KRI) required for reporting to regulators including but not limited to Securities Commission of Malaysia are accurately and timely, for any potential areas of concern and to meet standards of regulatory expectations. He currently holds
a Capital Markets Services Representative Licence (CMSRL).

Md Khairuddin Haji Arshad was appointed as an Independent Non-Executive Director of Bank Muamalat Malaysia Berhad on 10 September 2019. He also serves as the Chairman of the Board Risk & Compliance Committee and a member of the Board Audit and Board Veto Committees.

Md Khairuddin has over 25 years of experience in the banking industry. He started his career with Bank Negara Malaysia (BNM) in 1991 and served in the Bank Regulation Department and Islamic Banking and Takaful Department until 2005. He was involved in the establishment of the International Islamic Financial Market and the Islamic Financial Services Board.

He was part of the pioneer management team tasked with the establishment of Perbadanan Insurans Deposit Malaysia. He served as Chief Operating Officer and General Manager, Insurance, Risk Assessment and Monitoring Division since its establishment in 2005 until 2013. He was also the first Chairman of the Islamic Deposit Insurance Group of International Association of Deposit Insurers.

He joined Bank Rakyat in 2013 as Chief Risk Officer and his last position was Chief Operating Officer where he was entrusted with the responsibilities to expand the retail and corporate banking businesses, ensure effective implementation of the recovery and rehabilitation activities, manage corporate services effectively and continuously improve the effectiveness and efficiencies of the overall banking operations.

He holds a Bachelor’s Degree in Accounting from the International Islamic University Malaysia. He also attended the Oxford Advanced Management and Leadership Programme and ICLIF Global Leadership Development Programme. He also has a Master of Business Administration from Heriot Watt University.

Roshidah Abdullah was appointed as an Independent Non-Executive Director of Bank Muamalat Malaysia Berhad on 1 September 2021. She is the Chairman of the Board Audit Committee and a member of the Board Nomination & Remuneration and Board Technology Committees.

Roshidah has more than 26 years’ experience in financial management, corporate strategy development, governance and risk management in various organisations across diverse industries – upstream oil and gas; pharmaceutical manufacturing and distribution; construction and engineering – with operations in Malaysia and abroad (particularly Kazakhstan, Indonesia and the Middle East). Having worked for almost 20 years in public listed companies and large conglomerates in the capacity of Chief Financial Officer and equivalent positions, she has had much exposure to the requirements and set up a code of corporate governance and enterprise-wide risk management framework in her previous organisations.

Roshidah started her career as an auditor with Deloitte and Touche (Kassim Chan & Co) in 1989. She left the firm in December 1992 to join Time Engineering Berhad as a Group Accountant.

In January 1995, Roshidah moved to Remedi Pharmaceuticals (M) Sdn Bhd (Remedi) to head the Finance Department. Remedi was at that point just secured a 15-year concession contract to manage the drug procurement for the Ministry of Health Malaysia. She was also directly involved in the merger and acquisition of Remedi, Raza Manufacturing Berhad and Strand Pharmaceuticals Sdn Bhd by Pharmaniaga Berhad (Pharmaniaga) in 1998, and the subsequent public listing of Pharmaniaga on Bursa Securities in 1999. In January 2000, Roshidah was promoted as the General Manager Finance and later in April 2003, as the Chief Financial Officer for Pharmaniaga. She was also Pharmaniaga’s Chief Operating Officer from 2006 to March 2008.

Roshidah then spent the next two years until early 2010 as Finance Director at UEM Group Berhad and UEM Builders Berhad before she returned to Pharmaniaga to assist the Company to, amongst others, finalise its negotiation for renewal of the concession agreement and prepare for the change in controlling shareholders.

After leaving Pharmaniaga in March 2011, Roshidah had a short stint as a business consultant. Then from April 2013 to October 2016, she was the Chief Financial Officer with Sumatec Resources Berhad.

She is currently an Independent Non-Executive Director of Pos Malaysia Berhad and Independent Director of Protect Health Corporation Sdn Bhd.

Roshidah obtained a Bachelors of Arts degree in Accountancy from South Australian Institute of Technology, Australia (now known as University of South Australia) in 1988. She is also a chartered member of Malaysian Institute of Accountants and a certified member of Australian CPA since 1992.

Shahadatulazreennaim Rosli was appointed as a member of the Investment Committee of Muamalat Invest Sdn Bhd with effect from 1 January 2026.

He is currently the Vice President, Head of Finance of Bank Muamalat Malaysia Berhad and has close to 20 years of experience in finance, taxation, financial reporting, regulatory compliance, asset quality management, and financial performance management across the banking and corporate sectors.

In his current role, he oversees the Bank’s finance functions, including Tax, Asset Quality, Group Corporate Reporting, Financial Performance, and General Ledger. He plays a key role in ensuring the integrity of financial reporting and supporting strategic decision-making for senior management, the Board, shareholders, regulators, and other stakeholders.

Throughout his career, Shahadatulazreennaim has led various strategic initiatives, including the implementation of e-Invoicing, SST scope expansion, investment portfolio optimisation, and financial transformation projects. He has also contributed significantly to initiatives that strengthened governance, enhanced regulatory compliance, improved earnings stability, and generated cost efficiencies.

Prior to joining Bank Muamalat Malaysia Berhad, he held senior tax and finance positions with HICOM Holdings Berhad.

Shahadatulazreennaim holds a Bachelor of Accounting from Universiti Utara Malaysia and is a member of the Malaysian Institute of Certified Public Accountants (MICPA), the Chartered Tax Institute of Malaysia (CTIM), and the Malaysian Institute of Accountants (MIA).