Mahomed Akoob (Chapter 8) has been Chief Executive Officer of the newly established Hannover ReTakaful B.S.C.© Bahrain since November 2006. He brings to this role a wealth of experience in general management, technical insurance and reinsurance underwriting, risk management, and financial management. Prior to this, he was Group Chief Financial Officer of Hannover Re Africa from November 2002. His responsibilities included corporate finance, investments, information technology, and reinsurance. He was also instrumental in establishing the first takaful company in South Africa. He began his career with Munich Reinsurance Company of Africa in 1976 and was appointed General Manager in 1996. He currently serves on the Advisory Committee of Short Term Insurance and the Directorate of Market Abuse in South Africa, appointed by the Minister of Finance. He also serves as a director of the South African Reserve Bank Captive Insurance Company (SARBCIC) and Fahmiyah Investments (Pty.) Limited (Investment Company).
Dr. Mohd Daud Bakar (Chapter 3) is currently the President/CEO of International Institute of Islamic Finance (IIIF) Inc. (BVI), IIIF Education Sdn. Bhd., and Amanie Business Solutions Sdn. Bhd. (Kuala Lumpur). He was the Deputy Rector (Student Affairs and Development) and an Associate Professor at the International Islamic University Malaysia. He received his first degree in Shari'ah from the University of Kuwait (1988) and a Ph.D. from the University of St. Andrews, United Kingdom (1993). In 2002, he completed his external Bachelor of Jurisprudence at the University of Malaya. He has published more than 30 articles in various academic journals and presented more than 200 papers at conferences both local and abroad. He is now Chairman of the Shari'ah Advisory Council at the Central Bank of Malaysia, and a member of the Shari'ah Advisory Council at various regional and global financial institutions. He has been involved in advising Islamic funds and Islamic sukuk both local and globally. He is a licensed Shari'ah advisor for Islamic Securities in Malaysia. He was awarded the Islamic Banker Award of 2005 by the Association of Islamic Banking Institutions Malaysia.
Peter Casey (Chapter 7) is Director, Policy and Head of Islamic Finance in the Dubai Financial Services Authority (DFSA), having previously been responsible for the supervision of banking and insurance firms. In this role, he has been a member of several Islamic Financial Services Board Working Groups, including those on Governance of Takaful Operations, and Solvency Requirements for Takaful Operators. Before joining the DFSA, he was Head of the Non-Life Insurance Department of the U.K. Financial Services Authority. Before that, he held senior regulatory posts in the Treasury, the Department of Trade and Industry, and the Office of Fair Trading. Peter was educated at Cambridge University.
Arup Chatterjee (Chapter 6) is Principal Administrator, International Association of Insurance Supervisors (IAIS) at Basel, Switzerland. He has over 20 years' hands-on experience in the insurance industry spanning across operations, regulation, supervision, and policy making in emerging and developed markets. A former Deputy Director of the Insurance Regulatory and Development Authority–India, in his current position at IAIS he focuses on standards setting and its implementation, including microinsurance and takaful. An honors graduate in Economics from Delhi University, and with a Master's from Jawaharlal Nehru University and the Indian Institute of Foreign Trade, both in New Delhi, he also serves as a resource person in the area of insurance regulations and risk management.
Abdullah Haron (Chapter 9) is Assistant Secretary General of the Islamic Financial Services Board. Previously, he was a Project Manager where his main area of work was on the preparation of guidance on risk management, the supervisory review process, and special issues of capital adequacy. He also participated in task forces on, among other matters, the preparation of an issues paper on prudential takaful regulation and supervision, and a compilation guide on a prudential database of Islamic financial services institutions. His prior experience includes the development of a risk management and measurement framework, and insurance prudential regulation and supervision. Abdullah received a BSLAS in Actuarial Science from the University of Illinois and an MBA from Ohio University.
Elham Hassan (Chapter 13) is the Senior Partner of PricewaterhouseCoopers Bahrain. She has more than 25 years' experience in banking and financial institutions—more specifically, Islamic banking and takaful. In 1986, Elham became the first qualified U.S. Certified Public Accountant in the Gulf Cooperation. She is a regular speaker at banking and capital market conferences. With her vast experience, she provided advice to a wide range of regional and international organizations. Elham is active in economic circles in the Middle East and has been voted as one of the region's most powerful businesswomen by Forbes magazine. She sits on several professional, academic, and economic boards.
Madzlan Mohamad Hussain (Chapter 5) is Senior Project Manager, Islamic Financial Services Board (IFSB). Madzlan has been with the IFSB since April 2004, when he first joined as a Project Manager and was later promoted to Senior Project Manager. He is responsible for overseeing the development of IFSB prudential standards on corporate governance practices for all segments of Islamic financial services, including banking, capital markets, and insurance. Prior to joining the IFSB, Madzlan practiced law at one of the premier legal firms in Kuala Lumpur, where he specialized in capital markets practices, corporate and debt restructurings, and Islamic finance. Madzlan graduated with a Bachelor of Laws (Hons.) from the International Islamic University Malaysia and obtained his Master of Science in Islamic Economics, Banking and Finance from Loughborough University (U.K.).
Andrew Murray (Chapter 12) is a Senior Director within Fitch's insurance department. Since joining Fitch in May 2002, his role has included rating various insurance and reinsurance companies in the U.K. and Northern Europe. He now also has responsibility for the rating of insurance-linked securities, hybrid capital securities, and takaful firms. Prior to joining Fitch, Andrew worked for Deloitte in its financial services practice, which included experience in insurance company audits. He graduated in Economics from Cambridge University, and is a qualified Chartered Accountant and a CFA charter holder.
Andre Rohayem (Chapter 13) is the Partner leading the insurance practice of PricewaterhouseCoopers in the Middle East. He has 14 years' experience in the insurance and reinsurance industry in Europe and the Middle East. Andre has been actively involved in auditing and providing advisory services to insurance and reinsurance companies. He has also advised and assisted several investors and multinational companies in the establishment of insurance and takaful companies in the Middle East.
James Smith (Chapter 10) is an Executive Director in the Hong Kong firm of Ernst & Young. During his career, he has specialized in providing services to the insurance industry, including audit, due diligence, and regulatory consultancy. Originally from the U.K., he has also lived and worked in Australia and several Asian countries, during which time he developed an interest in takaful. A chartered accountant and certified insurance professional, James holds Scottish and English university degrees. He has written and spoken extensively on financial services regulatory issues, and currently serves on the Islamic Financial Services Board's Working Party on Solvency Requirements for Takaful Operators.
Dawood Taylor (Chapter 9) has recently been appointed Senior Regional Executive–Takaful, Middle East for Prudential PLC, where his role is to develop takaful throughout the Gulf region. Previously, Dawood was the General Manager of the Bank Aljazira Takaful Ta'awuni operation, where he was at the forefront of Islamic life insurance development in Saudi Arabia and the Middle East. He and his team developed the Takaful Ta'awuni program, a hugely successful and multi-award-winning Islamic life insurance and savings program for Bank Aljazira. Dawood conceived and developed the initial wakalah-based Takaful Ta'awuni concept that is now the Islamic contract model of choice for most new takaful operators. Dawood is a member of the Islamic Financial Services Board Takaful Governance and Takaful Solvency committees, and of the International Cooperative and Mutual Insurance Federation Intelligence Committee.
Abdulrahman Tolefat (Chapter 11) is the Chief Executive Officer of Allianz Takaful BSC. He began his career as a Mathematics lecturer in the University of Bahrain and later moved into the fast-growing financial services field in Bahrain. Profound knowledge of the region and outstanding credentials have driven his career graph in the Central Bank of Bahrain–CBB (formerly known as Bahrain Monetary Agency). After nine years, Dr. Tolefat took charge of Allianz Takaful in Bahrain, the global hub for Islamic insurance (takaful) of Allianz Group. As a member of various committees and boards in the financial field, he has played an instrumental role in imparting international standards to Islamic banking and takaful. Dr. Tolefat pursued higher education following his graduation from the University of Bahrain, including being awarded an MBA from the prestigious DePaul University in the U.S. and a Ph.D. from the renowned Durham University in the U.K.