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Dr. Eskandar Shah’s: Strengthening Islamic Finance in Malaysia

From navigating the fast-paced development of a young nation in Qatar to leading strategic growth at one of Malaysia’s premier Islamic finance institutions, Associate Professor Dr. Mohamed Eskandar Shah’s journey reflects a deep commitment to advancing an industry where Malaysia continues to lead on the global stage.

As a Returning Expert Programme (REP) returnee, Dr. Eskandar serves as the Chief Executive Officer (CEO) of ISRA Associates, a subsidiary of INCEIF University. In his role, he drives business growth, leads consultancy initiatives and works closely with organisations across the Islamic Finance ecosystem.

Building Expertise Beyond Borders

For several years, Dr. Eskandar built his career in Qatar, a country that offered a unique professional environment shaped by rapid development, international talent and ambitious national aspirations.

What stood out most during his time there was the opportunity to work alongside professionals from across the globe. Qatar’s ability to attract some of the best minds from different industries created an environment where diverse perspectives, skills and experiences came together to solve complex challenges.

Beyond the professional exposure, living in a young and rapidly evolving nation allowed Dr. Eskandar to witness firsthand how bold ideas could be transformed into reality. “Working with people from different backgrounds made the whole process enjoyable,” he shares. “You are not only contributing your own ideas but constantly learning from others as well.”

Lessons from a Nation Driven by Ambition

Among the many lessons Qatar offered, one stood above the rest: ambition.

For Dr. Eskandar, the country’s successful hosting of the FIFA World Cup demonstrated what can be achieved when a nation sets bold goals and commits fully to achieving them. “They aimed for perfection and were ambitious about it,” he reflects. “What impressed me was their ability to execute that vision and deliver on a global stage.”

It is a mindset he believes Malaysia can continue to embrace as it pursues its own aspirations for growth and international competitiveness.

Returning Home for Islamic Finance

Despite the experience gained abroad, Dr. Eskandar always saw Malaysia as the ideal place to build the next chapter of his career. The opportunity to take on a leadership position within INCEIF University was a significant factor in his decision.

Dr. Eskandar getting ready for an interview at INCEIF University.

“I always felt that if I wanted to excel in Islamic finance, Malaysia would be the best place to do it,” he says. Compared to Qatar, Malaysia offers a more mature and established ecosystem. With the support provided under the MyHeart Returning Expert Programme (REP), Dr. Eskandar took the opportunity to return home not only to advance his own career but also to contribute directly to an industry that remains central to Malaysia’s economic development.

“Without REP, I probably would not have considered coming back,” he shares. While the programme’s incentives were valuable, he emphasises that its greatest strength lies in the guidance and support provided throughout the return journey. “REP is not just about financial incentives,” he explains. “It gives you confidence because you know there is a process and support system in place.”

Passion Above All

Returning home is a major life decision and one that should be driven by more than just convenience or familiarity. A strong sense of purpose, he believes, helps individuals navigate the inevitable challenges that come with adapting to a new environment after years abroad.

“People often underestimate how difficult it can be to adapt after being an expatriate,” he explains. “Having a strong reason for returning helps you stay committed for the long journey ahead.”

Returning home was ultimately about more than career progression for Dr. Eskandar. It was about pursuing his passion in Islamic Finance, contributing to an industry where Malaysia leads the world and playing a meaningful role in the nation’s future.

If you are a Malaysian professional working abroad who is looking to contribute your expertise back home, MyHeart’s REP is here to support your journey. Register as a member and apply for REP today!

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Incentives Templer Park International School

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Savings of over RM10,000 plus additional benefits

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For new students at any ISP (International School Partnership) School in Malaysia

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Savings of over RM10,000 plus additional benefits

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For new students at any ISP (International School Partnership) School in Malaysia

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100% OFF Application & Registration fees + 10% OFF Annual School Fees

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For new students at any ISP (International School Partnership) School in Malaysia

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Only for new enrollments into any of Taylor’s International School (Branch Kuala Lumpur / Puchong) from now until 31 December 2023

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Dr Catheryn Lim

Who is Dr Catheryn Lim?

Currently a Senior Research Fellow at Matthew Wood group and Chair, Early-Mid Career Researchers Committee at Department of Paediatrics, University of Oxford. Received her Ph.D., Molecular Genetics and Biochemistry from UNSW Dr. Lim is now working on understanding disease mechanisms and developing genetic treatments for neuromuscular diseases. Two of these strategies are now at later stages of development where she is collaborating with industrial partners to optimise the strategies in preparation for first-in-human clinical trials.

Woman with safety glasses resting on her head, working with a microscope in a laboratory
Connect with Malaysian talent: Dr. Catheryn Lim, a researcher who developed genetic and gene therapies
Man standing in front of a TV giving a presentation to seated audience members

Format of the sharing session

The participants for the session consisted of students and academicians coming from various biological and related sciences background.

During the session, Dr. Lim shared about her experience and journey in the research world and delved into the new developments being made in genetic treatments (specifically in neuromuscular diseases). She also shared some tips and advice on how to be active in the biotechnology research industry.

Outcome

The session has exposed 183 participants to new development in genetic treatments (specifically in neuromuscular diseases).

Dr Aid Fawzal

Who is Dr Aid Fawzal?

Experienced CFD Engineer with a demonstrated history of working in the automotive, energy and oil & gas industries. Strong professional background with a Doctor of Philosophy (Ph.D.) in Mechanical, Automotive and Manufacturing Engineering from Coventry University. Invented a constant number which is called the Fawzal Number (Fa) which is used to optimize supercar’s cooling system.

Dr. Aid Fawzal posing and smiling for a photograph
Dr Aid Fawzal wearing a helmet sitting in a modified car at a racetrack pit lane

Format of the sharing session

Our participants consist of students from various engineering field and various level of studies, from bachelor’s degree to PhD.

During the session, Dr Aid shared with us the step-by-step process involved in designing a car using a simulation software where he explained why certain components are designed in such ways and the importance of each component. He also shared some tips to students who are planning to go into the automotive field.

Outcome

The session has benefited 284 participants with new knowledge and exposure to the automotive world and inspire our future engineers to pursue and improve our automotive industry.

Samantha Chong

In 2022, we collaborated with KL City Opera and organised a masterclass with Samantha Chong, a Malaysian mezzo-soprano based in Hong Kong

Samantha Chong and a co-presenter on stage behind a microphone stand with multiple news outlet name boards attached
Samantha Chong holding glasses in her hand while standing on stage
Samantha Chong and a group of performers in colorful outfits celebrating on stage during a show

Objective

To develop the performing arts scene in Malaysia via a collaboration with a leading name in classical Italian opera.

Format of the masterclass

The masterclass was held over 2 days, where 4 participants were selected to perform an aria or duet. Samantha then provided verbal and demonstrative feedback to each participant for 7-9 minutes each, which included song and scene interpretation, and stage presence.

Outcome

Samantha made a conscious effort to focus her sharing NOT on singing, but on the various aspects of performance, something that Malaysian performers lacked. So, MyCollabs acted as a medium for her to guide the students in navigating the world of classical opera, including dealing with different stakeholders like conductors, music directors and repetiteurs.

The students, on the other hand, received a rare opportunity to undergo a masterclass conducted by a seasoned performer for free. They could then use the knowledge they gained to enhance their opera skills and hopefully, pursue a career as full-time professional opera singers, something which is a rarity in Asia.