Islamic finance expert announced as new IIUM president

Mohd Daud Bakar.

PETALING JAYA: The International Islamic University Malaysia (IIUM) today announced Islamic finance expert Mohd Daud Bakar as the eighth president of the institution.

Daud, who was deputy rector for student affairs at IIUM from 2002 to 2005, will serve as president for three years effective July 1.

He replaces Education Minister Maszlee Malik, who resigned from the post following pressure from the Cabinet, Pakatan Harapan leaders and activists.

Maszlee’s critics said his acceptance of the presidency was against the coalition’s promise not to put politicians in charge of public universities.

In a statement, IIUM congratulated Daud on his appointment and thanked Maszlee for his service.

Daud obtained a bachelor of shariah law from Kuwait University before earning a PhD at the University of St Andrews in the UK.

He previously served as shariah adviser for several Islamic financial institutions and was also a member of the Malaysia Islamic Economic Development Foundation.