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David John Doree Vicary (Daud Vicary Abdullah)

David is a Chartered Professional in Islamic Finance (CPIF) & FCPA (Aus). He had over 16 years in Management Consulting to the Financial Services Industry (1988 – 2005), preceded by 15 years working for Banks in Operations and control (1973 – 1988). Returned to Banking between 2005 – 2008 in leadership positions in Islamic Banking in Malaysia. Established an Islamic Finance Consultancy (DVA Consulting Sdn Bhd) in November 2008. He was appointed Global leader of Deloitte’s Global Islamic Finance Group (GIFG) with effect 1 June 2009 until June 2011, CEO and President of INCEIF (International Centre for Education in Islamic Finance) August 2011 -July 2017.

He co-authored, with Keon Chee, a book on Islamic finance entitled “ISLAMIC FINANCE: WHY IT MAKES SENSE” published by Marshall Cavendish 2009. A second Edition 2013

A frequent commentator and speaker on Islamic Finance, David was appointed to the Board of AAOIFI in December 2003 – 2007, installed as a Distinguished Fellow of the Islamic Finance and Banking Institute of Malaysia (IBFIM) in July 2007. He is a member of UK Governments GIFIG (March 2014-17), Board of Trustees of the Responsible Finance Foundation (January 2015), Chairman of Advisory Board IslamicMarkets.com (2018), Chairman of Advisory Board at Fasset (2019), Chairman of Advisory Board for ISLAMIC Finance at AIFC Kazakhstan (2018-20), Trustee at Gateway Global (2020), Consultant on Islamic Social Finance to IFRC (2018-20), Shura member at Ethis Ventures (2019) and Chairman of the Board at Ethis Ventures from December 2021. He is also a Board Member at Digital Bank (2019) and Sustainability Consultant at DDCAP Group (2018) and was appointed to the Board at Finalytix in April 2020.

David was the recipient of the 2014 LARIBA Recognition Award for Excellence in Riba Free Banking AAA award 2015.

His specialties include Islamic Banking and Finance, Management Consulting, Operations and process control, and Change Management, Social Finance and Sustainability.

Expert Profile

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Name

David John Doree Vicary (Daud Vicary Abdullah)

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Areas of Expertise

Islamic Finance; Islamic Finance Education; Management; Advisory; Operational Processes; Governance.

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Qualifications

  • BSc Honours in Economic and Social History, Bristol University UK
  • FCPA, Fellow of CPA Australia
  • Member of CIIF Chartered Institute of Islamic Finance

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Awards

2015 Lariba Award for contributions to Riba Free Finance

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Credentials

  • Founding Trustee of Responsible Finance &Investment (RFI) Foundation
  • Chairman of Advisory Board at IslamicMarkets.Com
  • Chairman of the Board at Ethis Global
  • Founding Trustee at Gateway Global (Islamic Finance Advisory)
  • Former Chairman of Islamic Finance Advisory Board at Astana International Financial Centre AIFC
  • Board Member at Fasset Labuan
  • Board Member at Finalytix Inc.
  • Former member of Islamic Finance Advisory Board to HM Government UK
  • Former President and CEO of INCEIF – The Global University of Islamic Finance
  • Former Managing Partner Deloitte responsible for Global Islamic Finance
  • Former CEO Asian Finance Bank
  • Former Managing Director of Hong Leong Islamic Bank
  • Advisor on Islamic Finance to the International Federation of Red Cross and Red Crescent Societies
  • Author of numerous Articles, papers and Books on Islamic Finance

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Highlight of Achievements

  • Founding Managing Director of Hong Leong Islamic Bank
  • Establishment of Deloitte’s Global Centre of Excellence for Islamic Finance
  • Advised of the establishment of the first Islamic Bank in the Peoples Republic of China

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Total years of Experience

49 years of Experience