GOVERNANCE
MBN's governance framework brings together industry leadership, strategic advisory and secretariat support to guide the Network's direction and operations
MBN operates as an industry-led platform supported by a structured governance framework that promotes effective leadership, strategic alignment and coordinated implementation in support of its objectives and the broader MIFC agenda. The governance framework comprises the MIFC Advisory Panel (MAP), Founding Members, the Executive Committee (EXCO) and the Secretariat, each with distinct roles in supporting the Network's direction and operations.
Together, these governance components provide strategic guidance, industry leadership and operational support to strengthen collaboration across the Islamic finance ecosystem while ensuring MBN remains responsive to evolving industry priorities and opportunities.
ORGANIZATION CHART
MIFC Advisory Panel
The MIFC Advisory Panel (MAP) comprises senior representatives from regulators, government agencies, GLICs and industry organisations, bringing together diverse perspectives to support the continued development of Malaysia's Islamic finance ecosystem.
MAP serves as a strategic advisory body that provides guidance and consultation on MBN's strategic priorities, industry developments and emerging opportunities, while strengthening collaboration and coordination across the broader Islamic finance ecosystem.
Retirement Fund (Incorporated)
Employees Provident Fund (EPF)
Executive Committee (EXCO)
Strategic direction is guided by an Executive Committee (EXCO) comprising senior industry representatives across key segments of the Islamic finance ecosystem, with perspectives that reflect both domestic priorities and international engagement.
The EXCO provides direction on MBN’s priorities, engagement focus, and overall development.
Chairman
YM Raja Amir Shah Raja Azwa
CEO, HSBC Amanah
Deputy Chairman
Yusry Yusoff
CEO, Islamic Banking & Finance Institute Malaysia (IBFIM)
Members
Ahmad Shahriman Mohd Shariff
CEO, CIMB Islamic
Bilal Parvaiz
CEO, Standard Chartered Saadiq
Kamaludin Ahmad
CEO, Etiqa Insurance & Takaful
Mohd Yasin Abdullah
GCEO, Islamic Banking and CEO, Maybank Islamic
Munirah Khairuddin
CEO, Head of ASEAN & Global Shariah, Principal Asset Management
Founding Members
MBN is supported by a group of founding members comprising leading institutions across the Islamic finance and Shariah-aligned business ecosystem.
These members contribute to shaping MBN’s strategic direction, supporting its priorities, and strengthening its role as an industry-driven platform.










Secretariat
The Secretariat supports the day-to-day coordination of MBN, including facilitating engagements, managing communications and implementing agreed initiatives.
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