Close
EN
BM

Personal

Business

Muamalat Venture Sdn Bhd

Muamalat Venture Sdn Bhd (“MVSB”) is a wholly-owned subsidiary of Bank Muamalat Malaysia Berhad (“Bank Muamalat”). MVSB was incorporated in Malaysia on 20 June 2006 as a private limited liability company and has been in operation since 1 October 2006. MVSB is principally engaged in the business of Islamic venture capital through Musharakah investment concept and provisions of Islamic venture capital management.

MVSB is a registered licensed Islamic venture capital management corporation under the Securities Commission of Malaysia (SC) since 6 May 2010. MVSB is also a member of the Malaysian Venture Capital and Private Equity Association. MVSB manages investment which covers high growth companies, mezzanine and pre-IPO companies.

MVSB is governed by its Board of Directors comprising members of the senior management of Bank Muamalat, while the Investment Committee (“IC”) of Bank Muamalat provides oversight on all investment decisions.

MVSB leverages on the experience and infrastructure of Bank Muamalat. The management of MVSB is under the responsibility of Investment Banking Division of Bank Muamalat, which covers originating investment potentials, managing investment under MVSB and execution of investment strategy to generate the desired Return On Investment (“ROI”). Investment Banking team of Bank Muamalat comprises of investment banking professionals covering the debt & equity markets, which also provide advisory services to its investee companies.

 

Contact Details

Business Office
Muamalat Venture Sdn Bhd (Company No 200601018563 (738316-M))
5th Floor, Menara Bumiputra
21 Jalan Melaka
50100 Kuala Lumpur

Tel: 03-2615 8212 / 8214 / 8217

Email: mvsb@muamalat.com.my

Khairul Kamarudin
Non-Executive Non-Independent Director

Experience and Qualifications

En. Khairul Kamarudin is currently the Chief Executive Officer of Bank Muamalat Malaysia Berhad. Encik Khairul bin Kamarudin brings with him 22 years of experience in the financial industry, of which 14 years were with Bank Islam Malaysia Berhad (BIMB). He was Chief Executive Officer (CEO) of BIMB (July 2017 to August 2018) and former CEO of BIMB Holdings Berhad (June 2017 to August 2018). During his tenure with BIMB and prior to his appointment as the CEO he held the positions of Deputy CEO, Director of Business Development, Head of Consumer Banking and Head of Special Recovery.

He has a Law Degree from Anglia Ruskin University, United Kingdom. He is also a Member of the Chartered Institute of Islamic Finance (CIIF).

Encik Khairul’s Islamic Banking and Finance Industry experience includes being Director of BIMB Investment Berhad, Board Member of IAP (Investment Account Platform), Board Member of Islamic Banking and Finance Institute Malaysia (IBFIM), Board Member of Majlis Agama Islam Wilayah Persekutuan (MAIWP). Before joining BIMB he was with Pengurusan Danaharta Nasional Berhad for 5 years. Encik Khairul started his career as an Audit Senior with PriceWaterhouseCoopers Malaysia (Assurance & Business Advisory Services, Banking & Financial Services Group).

Encik Amirul Nasir Abdul Rahim
Investment Committee Member

Experience and Qualifications

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.

Chat with us on
WhatsApp
AUSTRALIAN DOLLARAUD2.8160002.6640002.648000
BRUNEI DOLLARBND3.2590003.0730003.062000
CANADIAN DOLLARCAD2.9800002.8760002.859000
SWISS FRANCCHF5.2070004.9850004.967000
EURO EUR4.8880004.6200004.598000
STERLING POUNDGBP5.5790005.3370005.328000
NEW ZEALAND DOLLARNZD2.4860002.3100002.295000
SINGAPORE DOLLARSGD3.2590003.0730003.072000
UNITED STATES DOLLARUSD4.1700003.9480003.931000

2026-01-22 08:37:33