The Jan 2012 semester, which commences on 16 Jan, will see INCEIF welcoming 3 luminaries in the Islamic finance world coming onboard as Adjunct Professors of INCEIF. They are Prof Simon Archer, Prof Volker Nienhaus and Prof Mohamed Ismail Mohamed Shariff.
Prof Nienhaus has been a member of INCEIF Governing Council since its establishment in 2005. Prof Nienhaus received his doctorate in economics (1979) and his post-doctorate (1985) from the University of Bochum. He was full professor of economics at the German universities of Trier (1989-1990) and Bochum (1990-2004) where he also was director of the Institute of Development Research and Development Policy and vice rector for structure, planning and finance (2000-2003). He was president of the University of Marburg from 2004 to 2010. He holds an honorary professorship of the University of Bochum (since 2004) and an honorary doctorate of the I.M. Sechenov Moscow Medical Academy (since 2009).
Prof Dr Volker Nienhaus.
Since September 2010 he is Visiting Professor at the ICMA Centre, Henley Business School, University of Reading (UK). In addition, he was a Visiting Scholar at the University of Malaya under the Securities Commission Malaysia Islamic Capital Market programme in 2011. He is currently Visiting Professor at the Faculty of Islamic Studies of Qatar Foundation, Doha. He served as a member of several academic advisory committees and boards in Germany. He was consultant to the Islamic Financial Services Board.
His research interests are in the fields of service sector economics, economic systems, international economics, and Islamic economics and finance. He has published books and articles on Islamic economics and Islamic banking and finance since the 1980s.
Prof Archer, MA PhD FCA FRSA, is Visiting Professor at the ICMA Centre at University of Reading. Previously, he was Professor of Financial Management at the University of Surrey, UK, having been Midland Bank Professor of Financial Sector Accounting at the University of Wales, Bangor. He has been a visiting professor at various universities and business schools, including Bordeaux, Metz, ESCP-EAP and HEC in France, Frankfurt and Koblenz in Germany, and IIUM in Malaysia.
Prof Dr Simon Archer.
After studies in Philosophy, Politics and Economics at Oxford University, Prof Archer qualified as a Chartered Accountant with Arthur Andersen in London and then moved to Price Waterhouse in Paris, where he became Partner in charge of Management Consultancy Services in France and Scandinavia. His academic career thus began after substantial experience as a practitioner, mainly in management consulting.
Prof Archer’s main research interests are in the fields of International Accounting, Accounting Theory and Accounting for Banks, including the financial reporting, capital adequacy, risk management and corporate governance of financial institutions. His recent work has been particularly concerned with Islamic financial institutions.
He is co-author of the International Accounting and Financial Reporting Standards Guide published by CCH and co-editor of the Miller European Accounting Guide, published by Aspen, in addition to being co-editor (and chapter author) of Islamic Finance: Innovation and Growth, published by Euromoney Books and of Islamic Finance: the Regulatory Challenge published by John Wiley.and Takaful (Islamic Insurance): Concepts and Regulatory Issues to be published by John Wiley. He is also the author of a considerable number of academic papers on accounting theory, international accounting and accounting, finance and governance issues in financial institutions, including those in Islamic finance. He supervises PhD research students in these areas, and has been an invited speaker at numerous conferences and seminars.
Prof Ismail holds an LL.B. (Hons.) degree from the University of Singapore (1969) and an LL.M. from King’s College, University of London (1974). He is a Barrister-at-Law of Lincoln’s Inn, a Fellow of the Chartered Institute of Arbitrators (UK) and Fellow of the Malaysian Institute of Arbitrators. He is a Notary Public and a Practising Member of the Association of Chartered Islamic Financial Professionals Malaysia (ACIFP).
Prof Mohamed Ismail Mohamed Shariff.
He was called to the Malayan Bar in 1970 and to the bar of the Supreme Court of the Republic of Singapore in 1992. He has been in private legal practice for 41 years and has had a varied practice. He was a partner at Skrine, Advocates & Solicitors, Kuala Lumpur until the end of September 2011 and retired from that Firm on that date. He has established his own legal practice on 1st October 2011 in Damansara Heights, Kuala Lumpur.
He is a director of Kuwait Finance House (Malaysia) Berhad, the first foreign-owned Islamic bank in Malaysia. He was the first director of the Bank upon incorporation in 2004 and is now the most senior member of the Board. He served as Chairman of the Audit Committee of the Bank for 5 years and is currently a member of the Audit Committee and the Nomination Committee as well as Chairman of the Remuneration Committee.
From January 2001 to January 2005 he was a Director of Bank Muamalat Malaysia Berhad, the second licensed Islamic bank in Malaysia, as a nominee of Khazanah Nasional Berhad, the Malaysian National Investment Corporation.
He drafted the first Islamic banking documents used by the banking industry which continue to be used till now with some minor amendments made from time to time. When these documents were challenged in Court Mr Ismail was called upon to appear in Court to argue the cases and he won all the cases in which he appeared as counsel.
He is also the only lawyer to have practised Islamic banking in all its various aspects, namely as (i) solicitor, (ii) counsel, (iii) tutor/lecturer, (iv) workshop leader in Islamic banking and finance, (v) paper writer and presenter at seminars and conferences, (vi) author of articles in learned journals, both local and international, (vi) member of steering committee/working groups on Islamic banking, (vii) advisor to other legal firms and also (viii) as a banker.