Iqbal Khan (banker)

Iqbal Ahmed Khan
Born (1957-02-13) 13 February 1957
India
Alma mater Aligarh Muslim University, INSEAD
Occupation CEO, Fajr Capital
Known for Private Equity, Islamic Finance

Iqbal Khan is the Founding Board Member and Chief Executive Officer of Fajr Capital, and a Member of the Board of Directors of Jadwa Investment in Saudi Arabia, Bank Islam Brunei Darussalam in Brunei and MENA Infrastructure Fund.[1]

Mr. Khan was previously the Founding Chief Executive Officer of HSBC Amanah.[2] He simultaneously served as a Board Member of HSBC Bank Middle East, the Saudi British Bank, and HSBC Investment Bank in the Middle East and Saudi Arabia.[3]

Early life

Born in India in 1957, Mr. Khan has a Master's degree in Political Science and International Relations and a B.Sc. (Hons) in Physics and Chemistry, both from Aligarh Muslim University. He further obtained an Advanced Management qualification from INSEAD as well as a professional qualification from NASD, New York.[4] Mr. Khan started his banking career with BCCI (Bank of Credit and Commerce International).

Notable Achievements

Iqbal Khan has played a prominent role in developing and promoting Islamic finance on a global scale. He was instrumental in establishing and supporting a number of industry institutions and initiatives, including the Islamic Finance Project at Harvard University, the International Institute for Islamic Banking and Insurance in London and the IDB Infrastructure Fund.[5]

Mr. Khan was bestowed with the Euromoney award for Outstanding Contribution to Islamic Finance for 2006, and was recognised by the United States House of Representatives in 2000 for his contribution to the field of finance and economics.[6]

2012 Royal Award for Islamic Finance

In September 2012, Mr Khan was presented The Royal Award For Islamic Finance, by His Majesty Tuanku Abdul Halim Mu’adzam Shah, the King of Malaysia.[7] The award selection criteria focused on both qualitative and quantitative aspects to honour Mr Khan's contribution to the global development of Islamic finance in the areas of financial innovation; exceptional leadership and vision; serving as an inspiration; and influencing the future progress and development of the Islamic finance industry.[8]

References

  1. "Fajr Capital Website". Fajr Capital.
  2. Ong, Bee (16 April 2010). "Institutional investors and Sharia". Investment & Pensions Asia. Retrieved 9 February 2011.
  3. "No interest allowed, but Islamic lending is finally finding a way". The Times. 30 September 2006. Archived from the original on 9 February 2011.
  4. "Our People - Management Team". Fajr Capital Website.
  5. "Fajr Capital Media Announcement" (PDF). Various.
  6. "Board of Directors". Fajr Capital.
  7. "Islamic banker Iqbal Khan receives Royal Award for Islamic Finance". The Star Malaysia.
  8. "RAIF 2012 Media Announcement" (PDF). Fajr Capital and the Securities Commission.
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