Shaiful Kamarul

Background

About Shaiful Kamarul

Dynamic Senior Country Manager with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) – Islamic Development Bank (IsDB) Group, bringing over 15 years of leadership in Islamic finance, export credit, and investment insurance. I specialize in mobilizing financing, structuring debt instruments using insurance/takaful solutions, and executing multi-million-dollar cross-border transactions that strengthen trade and investment across OIC member states in Asia, Africa, and the CIS region. I have successfully originated, negotiated, and closed transactions exceeding $200 million in cumulative exposure across the telecom, mining, infrastructure, and commodities sectors. My work focuses on building strong partnerships with ECAs, DFIs, multilateral institutions, and global banks, delivering innovative risk-mitigation and reinsurance solutions that align with Shariah principles and ESG goals. Career Highlights: • Expanded Malaysia Eximbank and Indonesia Eximbank ICIEC’s reinsurance capacity through ICIEC reinsurance Treaty Program and built alliances with Sinosure in supporting Belt & Road and OIC infrastructure projects. • Structured landmark telecom deal in Indonesia, Azerbaijan, and Uzbekistan, mobilizing financing with global banks. • Advanced ICIEC’s regional footprint through OIC and IsDB strategic initiatives, promoting trade and investment integration. Recognized for strategic foresight, stakeholder diplomacy, and execution excellence, I am committed to advancing the global relevance of Islamic credit and political risk insurance and strengthening ICIEC’s contribution to sustainable economic resilience across emerging markets.