Muamalah Financial Consulting

Muamalah Financial Consulting Sdn Bhd (Muamalah), incorporated in September 2000, is made up of a team of highly experienced ex-Islamic Bankers, legal practioners and Islamic Scholars, a company set-up specifically to provide hands-on Islamic Finance advisory and consultancy services to local Financial Institutions and Corporates.

 

Muamalah is licensed by the Securities Commission (SC) of Malaysia as an approved:

 

1. Syariah Adviser for Sukuk Issuance; and

 

2. Syariah Adviser for Islamic Unit Trust Funds.

 

Since inception, Muamalah has successfully advise numerous large sukuk issuance and has built a reputation as the leading advisory and cosultancy in its field. Amongst its clients list are Petroleum Malaysia Berhad (Petronas), Bursa Malaysia, Kumpulan Guthrie Berhad, Tenaga Nasional Berhad, Wolsey Securities UK and Bank AlBilad, Saudi Arabia.

 

Due to demand of its services also by foreign Institutions, MFC is expanding its services overseas focusing in the regions of South East Asia, United Kingdom, Middle East and Africa.

 

Muamalah shall focus in transforming economies, inter alia, financial services, set-up Islamic banks, energy (oil & gas), commodities, agriculture, bio-technology, infrastructure, real estate and health care sectors.

 

Muamalah overall services are mainly related to  providing Syariah advisory and consultancy for:

 

1. Sukuk Issuances and Islamic Unit Trusts;

2. Arrangement for for Sukuk Issuances;

3. Provision of Training courses on Islamic Banking, Islamic Capital Market; Islamic Stockbroking & Investments and Takaful;

4. Provision of consultancy services in setting up of Islamic Banks (including Islamic banking window operations in a conventional bank), Investment Bank's Islamic Capital Market Department and Takaful operations (including set-up);

5. Product design and provision of consultancy services in other areas of Islamic Financing, Islamic Banking, Islamic Instruments, Islamic Investments & Takaful;

6. Advisory for Islamic system's specification and Request For Proposal (RFP) requirements for Islamic banking system for tender purposes, undertake independent user acceptance test (including preparation of test plans) and evaluate Islamic banking system's syariah compliant status;

7. Preparation of end-to-end standard operating procedures (SOP), policies, including Syariah Framework, Islamic Risk Management and Islamic Accounting;

8. Arrangement of Islamic Financing on behalf of Corporation that requires Ringgit and non-Ringgit funding for their existing projects and contracts;

9. Provide full suite Islamic Finance system, data warehouse, internet and mobile banking application working together with system software development companies;

10. Provide simulation Islamic banking system (working with partner) with online remote entry capability for training purposes. This may be applicable to universities offering Islamic banking courses and banks that do have training modules in a separate servers.

​

Muamalah also assists clients that require Ringgit and non-Ringgit funding and advisory (to secure financing and/or investors, where applicable) for their existing project/s or contracts.