Assistant Professor - College of Business Administration
University of Modern Sciences
Total years of experience :18 years, 4 Months
UMS offers postgraduate and undergraduate academic programs in various faculties. http://ums.ae/en
Completed Research and Presentations
• Impact of Sukuk Investments in developing the UAE Economy
• Shariah Governance Approach in Islamic Banking Business
Highlights
• Assisted several students in successful completion of their research programs and internship projects on the UAE Economy.
Key Responsibilities
• Teach assigned postgraduate courses using innovative teaching-learning methods with an optimum mix of interactive sessions, group discussions and computer-aided learning.
• Participate in curriculum design ensuring the programs offered by the University remain current and relevant to industry requirements.
• Develop comprehensive module including course structure, lesson plans, course materials and presentations, tests and assignments.
• Teach students of Master’s programs in Principles of Economics and Islamic Economics and Finance as per curricula and schedules.
• Supervise internship research projects of students on business and management in the United Arab Emirates
• Monitor progress and performance of students and provide effective counseling and guidance for improving performance and completing course requirements.
• Conduct research on various topics and issues in Islamic economics and finance and present papers at seminars at the College of Business
• Participate in continual evaluation of the quality of the courses and programs offered by the College ensuring protection and reinforcement of the University’s reputation and brand.
• Utilize substantial professional experience with reputed organizations to ensure that the programs on Islamic banking and finance are up to date and fulfill the expectations of the industry.
• Extend support to the administration department to ensure academic compliance and student database management.
• Arrange guest lectures and seminars and invite expert speakers to deliver specific courses; assess post-training improvement and knowledge of students.
Courses Taught
• Business Ethics
• Investment Analysis
• Risk Analysis and Modelling
• Fundamental of Microeconomics
• Islamic Financial Contracts and Product Development
MEDIU offers doctoral, postgraduate and undergraduate programs across a wide range of academic faculties through on-campus and online modes. http://www.mediu.edu.my/
Supervision of PhD Students
• Scholar 1: Islamic banking and finance in Mauritius: Issues, prospects and challenges, 2012 to date
• Scholar 2: Islamic Financial Engineering and its role in developing Financial Market Products, 2012 to date
Highlights
• Successful in teaching both undergraduate and postgraduate courses through online learning platforms
• Conducted examination of research theses on Islamic banking and finance of several postgraduate students
Key Responsibilities
• Deliver lectures on various subjects as per curricula to undergraduate and postgraduate classes as per curricula.
• Manage on-campus classes as per schedule and supervised classroom work and evaluated assignments of students.
• Prepare and deliver online lessons for various courses in coordination with the technical team including follow-up support to students.
• Participate in course design to provide courses and modules reflecting current practices and trends in Islamic banking and finance
• Support postgraduate students and doctoral scholars in planning and executing their research program and writing dissertations.
• Assist the institution in organizing events like conferences and seminars on Islamic banking and finance.
• Conduct regular tests to evaluate the academic strength of every candidate, provide inputs on improving performance and arrange additional classes to support learning; recommend reading material.
• Assign topics for primary and desk research, review questionnaires, assist in data collection, analysis and interpretation and guide students in the academic report presentations.
Key Academic Coursework taught online and through class-room teaching
• Introduction to Islamic finance
• Principles of Islamic finance / Microfinance
• Introduction to Usul al fiqh for Islamic finance
• Islamic Heritage and Civilization
• Islamic Law of Contracts
• Islamic Project Finance
• Islamic Trade Finance
HBSMU offers e-learning programs in the academic disciplines of business, quality management, education, healthcare and environment. http://www.hbmsu.ac.ae/
Dissertation Supervised
• Capital adequacy requirements for Islamic banks - a comparative study of IFSB and Basel standards Scholar: Amal Juma.
Highlights
• Successfully assisted assigned students in completing their research projects on Islamic banking and finance
• Built adequate knowledge among learners on the sources of Islamic law and application of Islamic law in Islamic banking and finance.
Key Responsibilities
• Served as an Adjunct Professor and taught various courses for postgraduate programs through interactive learning methodologies to establish an intelligent tutoring system.
• Taught Master’s program classes in Islamic banking and finance ensuring completion of all learning objectives as per the curriculum requirements
• Supervised research projects on Islamic Financial Institutions (IIF) in the UAE of postgraduate students of the Islamic banking and finance program and preparation of dissertations.
• Leveraged extensive international practical experience including working with IFSB in providing inputs for formulating comprehensive program curricula.
• Developed course plans, lesson plans, course materials, presentations and tests and assessments for the assigned modules and courses.
• Monitored progress of students and provided required counseling and support in completing all stipulated course requirements.
Courses Taught
• Business and Society
• Usul al fiqh and Qawaid Fiqhiyyah
• Islamic banking Operations
• Islamic Financial Contracts and products development
• Legal and Regulatory issue in Islamic Banking and Finance
• Islamic Financial Markets and Institutions
Noor Investment Group, an investment Group, provides Takaful insurance, Trade and commercial banking services.
Key Responsibilities
• Reviewed various Islamic finance activities in which NIG was associated including Islamic syndication facilities, Awqaf (Islamic endowments) managed by Noor Awqaf, Sukuk and legal agreements to assure Shariah compliance.
• Offered assistance in setting up Shariah compliant systems and procedures, established a robust reporting structure and presented reports to the senior management for review.
• Provided financial advisory services with a view to generate maximum returns through judicious financial planning.
• Conducted studies on training requirements, developed appropriate modules and delivered a wide range of training programs covering the entire hierarchy of NIG management
• Prepared an induction schedule, developed presentations for job-specific induction training for the staff of NIG and submitted training evaluation reports.
• Assessed individual and team performance to finalize performance improvement plans.
• Conducted Shariah compliance audits of products and services of the group comprising of Islamic banking, Takaful undertakings and Islamic capital markets
• Investigated major challenges in terms of system and procedural compliance and operational bottlenecks faced by Noor Investment Group entities including Noor Islamic Bank and recommended viable and credible Shariah compliant solutions.
Training Courses and Modules Handled
• Sharia: Fundamentals of Islamic Banking Products
• Induction Training for Managerial Levels
• Core principles of Islamic Insurance (Takaful) Undertakings.
• Foundations of Islamic Banking & Finance
• Sukuk Instruments in Islamic Financial Markets
Highlights
• Participated in the development of IFSB standards facilitating effective implementation of Shariah compliant Islamic banking and financial practices in institutions offering Islamic financial services (IIFS)
• As a senior member of the Facilitating the Implementation of IFSB Standards (FIS) team, coordinated with central banks and market players in the Middle East, South Asia, Central Asia and West, Central and North Africa in organizing and conducting training workshops on various IFSB standards.
Key Responsibilities as Islamic Finance Expert
• Contributed to the drafting of IFSB standards on Conduct of Business and Shariah Governance Systems for institutions offering Islamic financial services (IIFS).
• Provided specific inputs to ensure that the operational plan did not violate Islamic banking rules and regulations; explained the interpretation of rules under the law to eliminate funding to prohibited sectors.
• Highlighted the concepts of Islamic investment, constituents of a particular type of portfolio, profits and returns; explained the financial instruments available to build a strong and 100% compliant investment portfolio.
• Prepared course inputs and case studies for workshops for capacity building in Shariah-based functions.
• Created a library of suitable case studies on Islamic finance for training designed to enable implementation of IFSB standards.
• Formulated effective orientation and training modules on theoretical and practical aspects of Islamic banking, Takaful undertakings and Islamic capital markets for various parties working in the financial domain.
• Handled sessions and delivered lectures at training courses and modules across various international locations.
Training Courses and Modules Handled
• Introduction to Islamic financial contracts/products
• Introduction to Islamic finance
• Guiding principles of Shariah governance systems for IIFS.
• Shariah legal Documentation in Islamic finance.
• Taxonomy of Islamic economics.
• Corporate governance for Islamic Financial Institutions
• Islamic commercial law (Fiqh Mu’amalat).
• Core principles of Islamic insurance (Takaful) undertakings
Key Responsibilities as Shariah Adviser / Review Services Provider
• Provided advisory services on Islamic finance to IFSB member countries and market players in specific jurisdictions.
• Assisted banking and financial institutions in interpreting the provisions of the law, finalizing procedures and establishing Shariah compliant departments in addition to their regular banking business models.
• Provided guidance and consultancy in setting up monitoring systems, database management and reporting of information generated through operational activities.
• Advised the management at companies / banking institutions about preparation of financial statements and audit requirements under Shariah law.
• Supported IFSB member countries with consultancy / advisory services in analyzing regulatory issues related to Islamic finance and recommending solutions based on Shariah principles.
• Conducted Shariah audits to evaluate the composition and structure of financial products and services and ensured compliance with Shariah guidelines through restructuring of capital and shareholders’ equity.
• Participated in the review of Sukuk structures and products of the International Islamic Liquidity Management Corporation (IILM), Kuala Lumpur.
Concurrent Previous Assignments
• 2 years, Lecturer - Department of Islamic Law, International Islamic University Malaysia (IIUM), Malaysia
2 years, Researcher on the Taxonomy of Islamic Economics, IIUM Library, Malaysia
PhD – Islamic Financial Contracts and Islamic Economics, 2002 – 2005 Dissertation Title – New stipulations in Islamic Financial Contracts – a critical analysis Professional Development Professional Accomplishments • Consultant in Islamic Finance – Provided Shariah consultancy services to ISRA Consultancy Malaysia on the management of pension funds – Wakalah investment guidelines and Sukuk development • Journal Reviewer – Review of articles submitted to the journal and conferences of International Journal of Business and Economic Research and the ISRA Journal of Islamic Finance • Coordination of IFSB International Conferences – Headed the team in coordinating Shariah seminars, conferences, workshops and roundtables – drafted program schedules and provided value added suggestions on proposed research topics • Head of Academic Committee, Al-Madinah International University Malaysia – Headed the Academic Committee for organizing the 1st and 2nd International Conference on Islamic Finance including drafting of programs and providing value added suggestions on proposed research topics • Active Member of the Shariah Boar of Noor Takaful Nigeria from the inception of their Islamic finance business Professional Certifications • Certificate in General Translation, Arabic Version International, 2009 • Chartered Islamic Finance Professional (CIFP), The Global University of Islamic Finance (INCEIF), 2008 • Certificate in Shariah Auditing and Review in Islamic Finance, CERT, 2007 Current Research Interests • Principles of Risk Sharing In Islamic Finance • Islamic Financial Contracts And Takaful Undertakings (Islamic Insurance) • Shariah Review and Shari‛ah. Auditing: A Need for Professional Approach • Shariah Compliant of Islamic Financial Products • Modern Discovery of Financial Product in accordance with the Fuqaha’s Analysis • Islamic Finance Prudential Glossary and Terminologies • Islamic Capital Market (Sukuk Development) • Islamic Trade Finance
MA in Usul al fiqh and Islamic Business Law, 2000 - 2001 Key Papers Presented at International Conferences • 3rd Islamic Finance Conference Doha, organized by Bait al Mashura finance consultations, at Sheraton hotel Doha. • Core principles of Takaful undertakings: its legal basis (Arabic). This paper presented in international conference on Islamic insurance: its dimension and the position of Islamic law in it, organized by International Fiqh Academy Jeddah, 11-13 April 2010 • Concept of Tabarru' commitment in Takaful undertaking. This paper presented in international conference on corporate law in June 2009 ‘University Airlanggar Surabaya Indonesia. • Note: Attended and presented papers at 35+ International Conferences and Seminars on subjects including Islamic banking, Islamic capital markets (Sukuk development) and Takaful undertakings
BA in Usul al fiqh and Islamic Business Law, 1997 – 2000 - Started studies in Khartoum Sudan and graduated from IIUM Malaysia Publications in English and Arabic Publications in Refereed Journals • Abdussalam Ismail O, The impact of Sukuk (Islamic bonds) in developing UAE economy, published in innovation Arabia 8 International conference, 2015. • Abdussalam Ismail O, Sanjai K Parahoo, & Ahmed Al-Nakeeb; Revisiting customer satisfaction models in the Gulf region: Case of Dubai banking, Journal of Academy for Advancement of Business Research, Vol 3, Number 1, 2014 • Abdussalam Ismail O, Sanjai K Parahoo, & Ahmed Al-Nakeeb; Modeling customer satisfaction in Dubai banking: role of individual culture, Journal of Financial Services Marketing, 2014. • Abdussalam Ismail O, Shari’ah audit framework: A case study of UAE Noor Takaful operations, HBMSU International conference, 2014. • Abdussalam, Ismail. O; Shari’ah governance system: a need for professional approach, International journal of Business and society, University Malaysia Sarawak UNIMAS, 2013 • A Abdussalam, Ismail. O; Enhancement of Malaysian regulatory framework for robust of Islamic financial services: a legal analysis, accepted for publication in Arab law Journal, 2013 • Abdussalam, Ismail. O; the Concept of Tabarru' commitment in Takaful undertakings, (English), Journal of Islamic Economics, Banking & Finance, Vol 9, October-December, 2013. • Shariah consultancy approaches in Islamic Financial Institutions: a case study of Malaysia and Sudan, (Arabic). Published in 5th International conference on Islamic banking and finance, October, 2012. • Core principles of Takaful undertakings and its legal basis (Arabic). Published in International conference on Islamic insurance conference proceeding, April 2010. • Solvency of Takaful fund: a case of subordinated Qard, Journal of Islamic economy studies, IRTI, Vol 18, No 1 2010. • New stipulations in non-financial contracts. Journal of Human sciences, (Arabic) 2010. Online publication. • Disclosure in Islamic finance: the case of illegitimate income. (English) Journal of Muamalaat & Islamic finance research, USIM, vol.6 No.1 2009. • “Al-Hirābat wa tatbiqātuhā ‛ala ba‛ã al jarāhim al mu‛āsirah fá al mujtama‛i al Mālaysá: Dirāsah fiqhiyyah muqāranah, (Arabic) Journal of Shari‛ah & Islamic Studies Sudan, Africa University, 2008. • “Arabun (Non refundable deposit) as a tool of risk management of product in Islamic financial Institutions (English). Published in the INCEIF colloquium, April 2006. Publications in Conference Proceedings • Misconception of Fiqh MuÑamalÉt and Islamic finance: A Critical analysis. December, 2013. • The Basel III impact on Islamic Banks: Shariah issues and Challenges, published at Al Madinah International University (MEIDU) first conference on Islamic finance, 23 May 2012. • Managing Shariah Non compliance risk in Takaful undertakings, published at Al Madinah International University (MEIDU) second conference on Takaful (Islamic insurance), 14 November, 2012. Chapter in Books • Contribution of Shaykh Adam Al-Alory to the Philosophy of Islamic law (Arabic) , Book on Works of Shaykh Adam Abdullahi al-Ilory in Islamic studies, 2013. • Abdussalam, Ismail. O; Regulatory and legal challenges facing Islamic Financial Institutions, published by Islamic Financial Services Board (IFSB), Malaysia: Kuala Lumpur, March 2011. Books Authored • Abdussalam, Ismail. O; Shari’ah audit framework: A case study of UAE Noor Takaful operations, Lambert Academic Publishing, Germany. 2015 • Abdussalam, Ismail. O; Application of Modern transactions in Islamic law of contracts. Malaysia: Kuala Lumpur, March 2012. • Regulatory Glossary for Islamic finance. Malaysia: Kuala Lumpur, 2012 References • Available on request.