October 25 Wednesday

Kamel Lecture and Chirelstein Colloquium: "Islamic Finance: Historical Roots and Contemporary Applications," with Fred P. Phillips IV '90, CEO, Innovative Card Systems, and Majid Dawood, CEO, Yasaar Limited

  • Wednesday, October 25, 2017 at 12:10PM - 1:30PM
  • Faculty Lounge
  • Open To The Yale Community
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Description

Fred P. Phillips IV ‘90, Chief Executive Officer, Innovative Card Systems, and Majid Dawood, Chief Executive Officer, Yasaar Limited, “Islamic Finance: Historical Roots and Contemporary Applications.”

Lunch will be served starting at 12:00 pm; the talk will begin at 12:10 pm. 

Readings available here.

Fred P. Phillips IV ’90 was born and raised in Houston, Texas, and obtained degrees from Cornell, Oxford, and Yale Universities. After being graduated from Yale Law School, he clerked for the Chief Judge of the U.S. Court of Appeals for the Ninth Circuit (Alfred Goodwin); worked in the Honors Program of the U.S. Department of Justice (Civil Appellate); and received a Fulbright Scholarship to the Philippines.

After his time in government, Mr. Phillips joined the private sector, first as a lawyer in a large international law firm and then working for global financial institutions. He was based in Amsterdam and directed ABN AMRO Bank's private equity investments in technology companies, and he then was based in London and directed The Carlyle Group’s international investments in fintech companies. Afterwards, Mr. Phillips co-developed a fintech company from formation to a sale to a global bank. He has served on the boards of over a dozen companies, including those that now have multi-billion-dollar market caps.

Mr. Phillips has taught courses and seminars at Yale, London Business School, and Stanford, and he is on the Executive Committee for Yale Law School.

Mr. Phillips is the founder and CEO of Innovative Card Systems, a financial technology company that has developed technology to link debit cards to both cash and securities, thereby transforming securities into digital currencies to pay for card transactions.

* Majid Dawood is the Chief Executive Officer of Yasaar Limited, an independent global Shariah (Islamic Law) consultancy, with offices in Dubai and London, offering financial institutional clients Shariah compliance services including reviews of financial product structures and advice on amendments to achieve compliance where possible, the provision of support to integrate the amendments proposed to attain Shariah compliant financial product/transaction, and the provision of a Shariah Supervisory Board/Panel. Yasaar Research, a subsidiary, has partnered with FTSE, the Global Index Company, to create Shariah compliant stock indexes since 2005. For example, the first Pan Asian Islamic Index was developed with FTSE and Singapore Stock Exchange (SGX) and launched in February 2006; similarly the FTSE Bursa Malaysia Hijrah Shariah index was launched in May 2007. Mr. Dawood graduated from the University of Massachusetts (B.A.).

Sponsoring Organization(s)

The  Abdallah S. Kamel Center for the Study of Islamic Law and Civilization

The Yale Law School Center for the Study of Corporate Law