President & CEO SHAPE Consultant

Abdulkader Thomas

Experience:

  • Director Alkhabeer Capital (2007 – Present)
  • External Consultant, University Bank (2003 – Present)
  • General Manager, New York Branch, United Bank of Kuwait (Oct 1995 – May 2000)
  • Head of Real Estate & Project Finance, Sumitomo Bank (1990 – 1995)

Based in Kuwait, Abdulkader has over 35 years of diversified financial services experience in major markets including Bahrain, New York, London, Los Angeles and Washington, D.C. He has served in senior positions of international banks and the CEO of regional banks and financial service companies. His areas of activity have included trade finance, real estate finance, securities, and alternative finance at various global and regional financial institutions. Abdulkader works on projects that include launching regulation, de novo Islamic banks and Islamic banking windows, policies and procedures, Shari’ah compliance, product development and structuring. Clients include a diversified universe of financial institutions from North America, the MENA region, Southeast Asia, Africa, and Europe.

Abdulkader was the architect of three US regulatory rulings authorizing Islamic credit and depository instruments. He has also worked for the successful authorization of two Islamic home finance instruments at Freddie Mac.

He is the co-author of Interest in Islamic Economics (Rutledge 2006), Structuring Islamic Finance Transactions (Euromoney 2005), Islamic Bonds (Euromoney 2004), Sukuk (Sweet & Maxwell 2009), and Managing Funds Flow Risks and Derivatives: Applications in Islamic Institutions (Sweet & Maxwell 2012) and Housing the Nation (Cagamas 2013).

Abdulkader serves as a director of Alkhhabeer Capital in Jeddah. He was chairman of Sanabel Investment Co. (formerly Alkhhabeer International) in Bahrain. He is currently chairman of Alkhabeer Capital (DIFC) Limited. He is a member of the international advisory board of the Securities Commission of Malaysia. Abdulkader speaks English, Arabic, French and Spanish.