Obituary – Death – Cause of death News :

Remembering the Father of Malaysian Islamic Banking: Datuk Dr Abdul Halim Ismail

Datuk Dr Abdul Halim Ismail, the visionary leader known as the father of Malaysian Islamic banking, passed away at the age of 85 on Sunday morning. Bank Islam Malaysia Bhd confirmed the news through a post on their official Facebook page, paying tribute to Abdul Halim’s immense contributions to the Islamic finance industry in Malaysia.

As the first managing director of Bank Islam, Abdul Halim played a pivotal role in laying the foundation for Islamic finance in Malaysia. His dedication and pioneering spirit were instrumental in shaping the journey of Bank Islam and making a lasting impact on the development of Malaysia’s Islamic finance industry.

Bank Islam described Abdul Halim as a leader who not only introduced a new banking system but also led with wisdom and great vision. His legacy extends beyond the walls of the bank, reaching the lives of many who have benefitted from his efforts to promote Islamic finance and provide essential financial solutions.

In addition to his professional achievements, Abdul Halim was known for his brave nature, high integrity, humility, and commitment to community service. He was the initiator of Sadaqa House Bank Islam, which has benefitted thousands of deserving recipients.

Born in Kedah in 1939, Abdul Halim pursued his education at various institutions before obtaining a PhD in Economics from the University of Oxford. His pivotal moment came in 1983 when he was appointed as the first managing director of Bank Islam, paving the way for the growth of Islamic banking in Malaysia.

Abdul Halim’s legacy will continue to inspire future generations in the Islamic finance industry, and his contributions will always be remembered. Our heartfelt condolences go out to his family and loved ones during this difficult time.

Who was Datuk Dr Abdul Halim Ismail?

Datuk Dr Abdul Halim Ismail, known as the father of Malaysian Islamic banking, passed away at the age of 85 Sunday morning. He was the first managing director of Bank Islam Malaysia Bhd and was a visionary leader who built the foundation of Islamic finance in Malaysia. His dedication and pioneering spirit played an important role in shaping the journey of Bank Islam and had a lasting impact on the development of Malaysia’s Islamic finance industry.

What was Abdul Halim’s Contribution to Islamic Finance in Malaysia?

Abdul Halim’s leadership at Bank Islam was crucial in introducing a new banking system and leading with wisdom and vision. His legacy extended beyond the bank’s walls, benefiting many through his efforts to promote Islamic finance and provide access to financial solutions. This included advancements in the takaful industry, Islamic trust fund management, stockbroking, and other financial services.

What Were Abdul Halim’s Professional Achievements?

Apart from his professional achievements in Islamic finance, Abdul Halim was known for his brave nature, high integrity, humility, and commitment to community service. He initiated the Sadaqa House at Bank Islam, which has helped thousands of deserving recipients. His leadership at the bank and his contributions to the community have left a significant mark on Malaysia’s financial landscape.

What Was Abdul Halim’s Educational Background?

Abdul Halim was born on Jan 28, 1939, in Kedah. He received his early education at the Simpang Empat Malay School and later attended the Al-Maahad Al-Mahmud (Mahmud College) in Kedah. He continued his education at the Sultan Abdul Hamid College (SAHC) for Form Six before graduating from the University of Malaya in 1965 with a Bachelor of Arts degree in Economics. He furthered his studies at the University of Oxford, obtaining a Doctor of Philosophy (PhD) in Economics in 1966.

What Was Abdul Halim’s Career Milestone?

Abdul Halim’s pivotal moment came in 1983 when he was appointed as the first managing director of Bank Islam, Malaysia’s pioneering Islamic bank. His leadership at the bank paved the way for the growth of Islamic finance in the country and set the stage for further developments in the industry.

Throughout his career, Abdul Halim Ismail made significant contributions to Islamic finance in Malaysia, leaving a lasting legacy that continues to impact the financial sector in the country. His vision, leadership, and commitment to community service have earned him a revered place in the history of Islamic banking in Malaysia.

Sources:
– The Edge Markets
– Bank Islam Malaysia Bhd
– Merdeka Award Trust