Rehan Saeed has an MBA in Islamic Banking and Finance from the well renowned International Islamic University of Malaysia and Bachelors in Information Technology from York University, Toronto, Canada.
He started his career in financial services industry with Edulinx, a subsidiary of Canadian Imperial Bank of Commerce (CIBC), dealing with government sponsored student loans, where he worked as Interest Relief Analyst. He later joined hands with the principals of UM Financial, a firm providing Shariah-compliant mortgages in Ontario. He was responsible for marketing and later back office operations at UM Financial. He was part of the team that was instrumental in the rapid growth of the firm from an upstart to a $110 million asset-based company in less than 2 years.
Subsequently, he left for Malaysia to pursue his MBA in Islamic Finance. While in Malaysia, he worked as a research analyst and trainer for Kuwait Finance House (KFH), one of the largest Islamic banks in the world. He developed KFH’s in-house training program in consultation with their Shariah Board. During that time he trained over 100 conventional bankers in Islamic Finance and Banking.
Currently, he is responsible for liaising with the Shariah scholars from writing the initial product papers & contracts till the final Shariah endorsement stage. He also acts as an advisor to various Credit Unions in Ontario in developing Shariah-compliant financial instruments on both sides of the balance sheet. He is also working with Centennial College in Toronto to offer the well renowned Islamic Finance Qualification (IFQ) from the UK and make it part of the business curriculum.
Since 2006, Rehan has been regularly conducting seminars and certification courses on Islamic Finance especially in the areas of debt & equity based instruments. He is frequently invited as a speaker at various conferences and by business schools at York University and the University of Toronto. His area of interest lies in training and product structuring especially in the re-engineering of conventional financial products into Shariah-compliant counterparts.
His formal education in Islamic finance and subsequent work experience in both conventional and Islamic financial institutions has given him unique exposure, both locally and abroad. He is passionate about developing the nascent Shariah compliant financial services industry in Canada. Mr. Saeed has written many white papers, most notably an original research white paper on a Shariah compliant Mortgage Investment Corporation (MIC) which was presented at a 4-day Islamic Banking & Finance Conference held in Toronto.
3150 Ridgeway Dr. Unit 26
Mississauga, Ontario L5L 5R5
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