Draft:Saleh Malaikah
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Dr. Saleh Malaikah (born 1960) (Arabic, مالئكة جميل صالح .د ) is a Saudi businessman, financier and economist. He was born in Saudi Arabia but spent his early years in Cairo, Egypt. He is the founder and Chairman of Rusd Holding Group[1], with experience in Islamic banking and financial services.
Early life and education
[edit]Dr. Malaikah earned a Bachelor’s degree in Civil Engineering from King Fahd University of Petroleum and Minerals in 1981, followed by a Master’s degree in business from KFUPM in 1984. He completed his Doctorate in business administration with a specialization in finance and investment at Michigan State University in 1990.
Career
[edit]Dr. Malaikah worked as an associate professor of finance and investment at KFUPM, later he served as the CEO of Al Baraka[2] Investment and Development Company and the Chairman of Al-Tawfeek Company for Investment Funds and Al Amin Bank in Bahrain. In 2002, Dr. Malaikah established Rusd Investment Bank Inc.[3] in Labuan, Malaysia ’s offshore financial sector, aiming to strengthen Sharia-compliant financial connections between GCC countries and Malaysia.
He has also made significant contributions to the Takaful[4] (Islamic insurance) and Re-Takaful (Islamic reinsurance) industries. He has chaired several companies, including BEST-Re , which operates across various countries. He also founded and led subsidiaries under the Salama Group[5].
Awards
[edit]Dr. Malaikah has received several awards for his contributions to Islamic finance, including recognition from the Islamic Banking and Finance Forum in 1997, 1998 Lifetime Achievement Award, Islamic Banking & Finance Symposium (LARIBA[6] ) for his work in structuring financial transactions.
Personal Life
[edit]Dr. Malaikah has a son and four daughters. In 2002, he survived the crash of Egypt Air Flight 843[7]
References
[edit]- ^ "Dr. Saleh J. Malaikah - Rusd Capital". 2020-10-01. Retrieved 2025-04-14.
- ^ "Malaysian investment bank signs MoU with Al Tawfeek". Khaleej Times. Retrieved 2025-04-14.
- ^ "Islamic Banker in Bid to Boost Business Between GCC and Malaysia". Arab News. 2004-11-08. Retrieved 2025-04-14.
- ^ "Malaika Named Takaful Leader for the Year 2007". Arab News. 2007-04-17. Retrieved 2025-04-14.
- ^ Release, Press. "Islamic Arab Insurance Company Rebrands As "Salama" Islamic Arab Insurance Company". www.zawya.com. Retrieved 2025-04-14.
- ^ "LARIBA". www.lariba.com. Retrieved 2025-04-14.
- ^ "Final Death Toll: 14 Killed in EgyptAir Crash - 2002-05-08". Voice of America. 2009-10-27. Retrieved 2025-04-14.