INTRODUCING

Datuk Prof. Dr. Mohamad Akram Laldin

Country of Origin
Malaysia

Qualification
Ph.D in Principles of Islamic Jurisprudence (Usul al-Fiqh) from the University of Edinburgh in Scotland, UK

Phone Number
+603 7651 4201

A Brief Introduction

Datuk Prof. Dr. Mohamad Akram is currently a Professor at INCEIF University, Malaysia. Prior to joining INCEIF, he served as an Assistant Professor at the Kulliyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University Malaysia (IIUM). Between 2002 and 2004, he was a Visiting Assistant Professor at the University of Sharjah in the United Arab Emirates. He also held the position of Executive Director at the International Shari’ah Research Academy for Islamic Finance (ISRA), an institution established by Bank Negara Malaysia, until 2023.

Prof. Akram is an esteemed member of various Shari’ah advisory boards and councils. He is currently a Member of the Shari’ah Advisory Council at Bank Negara Malaysia, a Member of the MIFC Leadership Council, Chairman of the Shari’ah Board of the Employees Provident Fund Malaysia (EPF), and Chairman of the Shariah Supervisory Council of Labuan Financial Services Authority (FSA). He also serves as a Member of the Internal Shariah Supervisory Committee at Dubai Islamic Bank, a Member of the Shariah Advisory Council at the International Islamic Financial Market (IIFM) in Bahrain, and a Member of the AAOIFI Public Interest Monitoring Consultative Committee (PIMCC). Additionally, he holds positions as a Member of the Internal Shariah Supervision Committee at First Abu Dhabi Bank (FAB), a Member of the Financial Regulation Advisory Council of Experts (FRACE) at the Central Bank of Nigeria, a Member of the Shariah Supervisory Board at Bank Musqat Meethaq Islamic Bank, and Chairman of the Shariah Advisory Committee of Permodalan Nasional Berhad (PNB) Malaysia. Prof. Akram is also a Member of the Shariah Advisory Committee of Lembaga Tabung Haji Malaysia, Chairman of the Board of Directors at ASNB Wakalah Sdn Bhd Malaysia, and a Member of the Institute of Corporate Directors Malaysia (ICDM).

He holds a B.A. Honours degree in Islamic Jurisprudence and Legislation from the University of Jordan in Amman and a Ph.D. in Principles of Islamic Jurisprudence (Usul al-Fiqh) from the University of Edinburgh in Scotland. Prof. Akram has presented numerous papers on Islamic Banking, Finance, and Fiqh topics at both national and international forums and has been conducting training sessions on Islamic Banking and Finance for various sectors since 1999. He is a registered Shariah Advisor for Islamic Securities with the Securities Commission of Malaysia and has advised on the issuance of many sukuks. Moreover, he is a prolific author in the field of Islamic Banking and Finance.

Prof. Akram’s contributions to the field have earned him several prestigious awards, including the Zaki Badawi Award for Excellence in Shariah Advisory and Research, the Most Outstanding Individual Contribution to Islamic Finance during KLIFF 2016 organized by CERT, and the 2017/1439H Malaysian Islamic Personality Award, conferred by the Government of Malaysia. In recognition of his service, he was awarded the Panglima Jasa Negara (PJN), Commander of the Order of Meritorious Service, which carries the title “Datuk,” on June 6, 2022, by the King of Malaysia.

Publications

Articles

  • Mohamad Akram Laldin. (2012). Sukuk in Various Jurisdictions: Shari’ah and Legal Issues. Journal of Islamic Business and Management, 2 (1), 15-34.
  • Mohamad Akram Laldin & Hafas Furqani. (2012). The Approaches and Directions in Islamic Banking and Finance Development. Australian Journal of Islamic Banking and Finance, 1 (1), 103-116. Updated Jan 2024.
  • Mohamad Akram Laldin & Hafas Furqani. (2012). Maqasid al-Shari’ah and the Foundational Requirements in Developing Islamic Banking and Finance. ISRA International Journal of Islamic Finance, 4 (1), 183 – 189.
  • Mohamad Akram Laldin, Mek Wok Mahmud & Mohd. Fuad Sawari. (2012). Maqasid al-Syari’ah dalam Pelaksanaan Waqaf (Maqasid al-Shari’ah in Waqaf Implementation). In Mahmood Zuhdi, Mek Wok Mahmud & Akhtarzaite Abdul Aziz (eds.), Maqasid al-Syari’ah (pp. 259-284). Kuala Lumpur: IIUM Press.
  • Mohamad Akram Laldin, Mohamed Fairooz Abdul Khir & Nusaibah Mohd Parid. (2012). Fatwas in Islamic Banking: A Comparative Study between Malaysia and Gulf Cooperation Council (GCC) Countries. ISRA Research Paper 31. Kuala Lumpur: ISRA.
  • Mohamad Akram Laldin & Hafas Furqani. (2012). The Objectives of the Shari’ah in Islamic Finance: Identifying the Ends (Maqasid) and the Means (Wasa’il). ISRA Research Paper 32. Kuala Lumpur: ISRA.
  • Mohamad Akram Laldin. (2012). Sukuk in Various Jurisdictions: Shariah and Legal Issues. Journal of Islamic Business and Management, vol. 2, No. 1, pp. 15-35.
  • Mohamad Akram Laldin and Hafas Furqani. (2013). “Developing Islamic Finance in the Framework fo Maqasid al-Shari’ah: Understanding the Ends (maqasid) and the Means (Wasa’il)”. International Journal of Islamic and Middle Eastern Finance and Management, Vol. 6, No. 4, pp. 278-289.
  • Mohamad Akram Laldin and Hafas Furqani. (2013). “The Future of Islamic Finance: A Reflection based on Maqasid al-Shari’ah”, Tafhim, IKIM Journal of Islam and the Contemporary World, vol. 6, pp. 41-54.
  • Mohamad Akram Laldin and Hafas Furqani. (2013). “The Foundations of Islamic Finance and the Maqasid al-Shari’ah Requirements”, Journal of Islamic Finance (IIUM Institute of Islamic Banking and Finance), Vol. 2 No. 1 (2013), pp. 31-37.
  • Mohamad Akram Laldin & Hafas Furqani. (2014). “Meeting Expectations: The Roles and Responsibilities of Shari’ah Scholars in Islamic Finance”. In M. Kabir Hasan & Mervyn K. Lewis (eds.), Handbook on Islam and Economic Life. Edward Elgar Publication, pp. 336-352.
  • Mohamad Akram Laldin & Hafas Furqani. (2014). “Inovasi dalam Kewanan Islam: Realiti dan Cabaran”. In Abd. Karim Ali and Rumaizi Ahmad (eds.), Islam dan Tajdid: Tinjauan Isu-Isu dan Perspektif Semasa. Selangor, Malaysia: Persatuan Ulama Malaysia, pp. 71-94.
  • Mohamad Akram Laldin. (2014). “Legal, Regulatory and Enabling Framework”. In Prospects and challenges in the development of Islamic finance for Bangladesh. Kuala Lumpur: IFSB, pp. 29-42.
  • Mohamad Akram Laldin. (2014). “Objectives of Islamic Banking: A Theoretical Discussion”. In Mervyn K. Lewis, Mohamed Ariff and Shamser Mohamad, Risk and Regulation of Islamic Banking. UK: Edward Elgar Publishing Limited, pp. 43-54. Updated Jan 2024.
  • Mohamad Akram Laldin and Hafas Furqani. (2014). Maqasid al-Shari’ah and Stipulation of Conditions (Shurut) In Contracts. ISRA International Journal of Islamic Finance, vol. 6, No. 1.
  • Mohamad Akram Laldin and Hafas Furqani. (2015). “Shari’ah Scholars, Ijtihād and Decision Making in Islamic Finance”. Journal of Islamic Business and Management, vol. 5, No. 1, pp. 1-15.
  • Mohamad Akram Laldin, Farrukh Habib and Ahcene Lahsasna. (2015). A Fiqhi analysis of tradability of Islamic securities. ISRA International Journal of Islamic Finance, vol. 7, No. 1.
  • Mohamad Akram Laldin and Hafas Furqani. (2015). The Future of Islamic Finance: A Reflection Based on Maqāṣid al-Sharīʿah. AFHIM: IKIM Journal of Islam and the Contemporary World, vol 6, pp. 41-54.
  • Mohamad Akram Laldin, Hafas Furqani and Ratna Mulyany. (2016). Good Finance: Integration of Ethics and Shariah In Islamic Finance. International Journal of Islamic Business Ethics, vol. 1, No. 2, pp. 121-130.
  • Mohamad Akram Laldin and Hafas Furqani. (2016). Innovation versus Replication: Some Notes on the Approaches in Defining Shariah Compliance in Islamic Finance. Al-Jami’ah: Journal of Islamic Studies. Vol.54, No. 2, pp. 249-272.
  • Mohamad Akram Laldin and Hafas Furqani. (2018). Islamic Financial Services Act (IFSA) 2013 and the Sharīʿah-compliance requirement of the Islamic finance industry in Malaysia. ISRA International Journal of Islamic Finance, vol. 10, No. 1. Pp. 94-101.
  • Mohamad Akram Laldin. (2018). Understanding of the Shariah in Regard to Construction. Concept and Application of Shariah for the Construction Industry: Shariah Compliance In Construction Contracts, Project Finance And Risk Management, World Scientific Publishing. Co. Pte. Ltd.
  • Mohamad Akram Laldin and Puteri Nur Farah. (2019). Classification and types of risk for properties belonging to low-income and poor individuals in Malaysia. MATEC Web of Conferences.
  • Laldin, M. A., & Hafas. F. (2019). FinTech and Islamic Finance: Setting the Shari’ah Parameters, Book titled: Fintech in Islamic finance: Theory and practice. Edited: Oseni, U. A., & Ali, S. N. (Eds.), Routledge.
  • Laldin, M. A., & Djafri, F. (2019). Islamic Finance in The Digital World: Opportunities and Challenges (Kewangan Islam dalam Dunia Digital: Peluang dan Cabaran). Journal of Islam in Asia (E-ISSN 2289-8077), 16(3), 283-299.
  • Laldin, M. A., & Fares, D. (2019). The Malaysian Experience in Sukuk Issuance. International Shariah Research Academy for Islamic Finance – ISRA. Vol 10 (1), ISSN 2231-7325.
  • Laldin, M. A. & et al. (2020). Ethics in the Light of Maqasid Al-Shari’ah: A Case Study of Islamic Economics and Finance. Handbook of Ethics of Islamic Economics and Finance (pp.21-47) Publisher: De Gruyter Oldenburg. Updated Jan 2024.
  • Laldin, M. A., Fares, D. & Sharifah, Z. (2021). WAQF DEVELOPMENT IN MALAYSIA, Book titled: “WAQF DEVELOPMENT AND INNOVATIONS: Multi-Jurisdictional Case Studies”, edited by S. N. Ali and Oseni, U.A. Publisher: Taylor and Francis, Routledge, (Accepted).
  • Laldin, M. A., & Fares. D (2021). The role of Islamic finance in achieving Sustainable Development Goals (SDG’S), Book titled: Islamic Finance and Sustainable Development – A Sustainable Economic Framework for Muslim and non-Muslim Countries, edited by Kabir Hassan & et al. Publisher: Springer Nature Switzerland, (Accepted).
  • Fauzi, P. N. F. N. M., & Laldin, M. A. (2022). Micro-takāful scheme for the protection of houses belonging to low-income groups in Malaysia. ISRA International Journal of Islamic Finance, (ahead-of-print).
  • Laldin, M.A and Djafri, F. (2022). The Malaysian Experience in Islamic Insurance (Takaful): An Analytical Study (Arabic). At-Tajdid, 26 (52), 35-70.
  • Djafri, F., Laldin, M. A., & Syed Abdul Kader, S. Z. (2022). ي تطور الحوكمة وإطار العمل القانو ن ي مال ييا للوقف ف ي والمؤسسا ن . Sultan Qaboos University – Legal Studies Journal, 1 (1), 45-84.
  • Laldin, M. A., Djafri, F., & Mikail, S. A. (2022). Law of Property and Property Rights in Islam (A Summary of Fiqh al-Māl). In Muhammad Ayub (Ed.), Economics and Economic Policy: Islamic Perspective (pp. 93-109). Riphah International University (RIU), International Institute of Islamic Thought (IIIT).
  • Laldin, M.A and Djafri صنادق الملكية الخاصة Paper presented at Bank al-Ahli Annual Conference, Riyadh KSA.
  • Laldin, M.A and Djafri Contemporary Issues in Ijarah Muntahiyyah bi al-Tamlik, Paper presented at Majma Fiqh OIC Conference Jeddah.

Books

  • Al-tajribat al-Maliziya fi al-ta’min al-takafuli: dirasat tahliyah
  • Al-istithmar al-masul ijtima’yan wa tatbiqatuhu fi al-muasasat al-maliyat al-Islamiyyah
  • Sukuk in various jurisdictions: Shari’ah and legai issues
  • The approaches and directions taken in Islamic banking and finance development
  • Maqasid al-Shari’ah and the foundational requirements in developing Islamic banking and finance

Teaching Courses