SC director honoured for role in Islamic finance
By Basil Foo

Kuala Lumpur: The Securities Commision (SC) senior executive director Datuk Nik Ramlah Mahmood has been named the “Most Outstanding Person for Contribution to Islamic Finance” by the Kuala Lumpur Finance Forum 2007 (KLIFF).

Nik Ramlah was selected from among other leading players in the Malaysian Islamic finance circle based on her significant role in developing the Malaysian Islamic capital market (ICM), outstanding leadership qualities, professional achievements and contributions related to the activities of Islamic finance.

In a statement yesterday, the SC said this was the first time that KLIFF is presenting the award to an individual in recognition of the person’s contribution to the Islamic finance industry.

“I am deeply honoured to receive this award which is also recognition of the SC’s efforts to develop the Malaysian Islamic financial market,” said Nik Ramlah, who received the award from Second Finance Minister Tan Sri Nor Mohamed Yakcop at the KLIFF gala dinner here last night.

Last week, the SC was acknowledged as the “Best Regulator for Islamic Funds” for outstanding achievement in the global Islamic funds industry at the inaugural Master of Islamic Funds Awards in Dubai, United Arab Emirates.

Nik Ramlah’s appointment as the SC’s director of policy and development in 1998 marked her foray into the ICM arena, which was at its nascent stage in Malaysia at that time.

Currently the SC’s senior executive director for strategy and development, she leads the ICM Department in pursuing the Capital Market Masterplan (CMP) recommendations and the Malaysia International Islamic Finance Centre (MIFC) initiatives relating to the Islamic capital market.

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Courtesy The Edge Daily

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