Mr Nathif is a veteran Islamic banker, with more than 30 years of career banking experience covering all aspects of retail, commercial, investment and Islamic banking. He commenced his banking career at Kenya Commercial Bank in the early 80’s before proceeding in 1985 to join Al-Rajhi (Islamic) Bank in Riyadh, Saudi Arabia where he held supervisory positions in the bank’s Trade Finance and Treasury departments. In 1991, he joined Qatar Islamic Bank in Doha and worked there until 2002 when he left the bank in the capacity of Executive Manager in-charge of the bank’s huge cross-border investments in International Trade, Securities and Portfolio Management.
In 2002, he joined National Bank of Sharjah in the UAE to help in the conversion of that bank to become a full-fledged Islamic Bank, thereby becoming Sharjah Islamic Bank (SIB). He initiated the formation of SIB’s Investment and International Banking Division and was responsible for all structured finance activities including Debt & Equity Finance, Syndications, Mutual Funds and Islamic Bonds (Sukuk). At the time of his return to Kenya in October 2007, he was a Senior Vice President at Sharjah Islamic Bank, and was in charge of the bank’s overall investment portfolio in excess of US$ 600 Million (Kshs. 40 Billion).
He was the main promoter in the establishment of First Community Bank (FCB) and in 2007 he returned to Kenya to initiate FCB which became the first bank to be approved by the Central Bank of Kenya for Sharia Compliant Business. He was the first MD of the bank which has since grown into a successful retail bank with 17 branches across the country in addition to Takaful and Investment banking activities.
Mr. Adam is a distinguished personality in the global Islamic finance fraternity and in March 2012 was crowned as the ‘father of Islamic Banking in Kenya’ at a grand function officiated by the governor of the Central Bank of Kenya, Prof. Njuguna Ndungu.
He has written many papers and articles covering various topical matters relating to the subject. He also co-authored the first book to be written on the subject of Islamic Bonds (Sukuk). The book titled Islamic Bonds: Your Guide to Issuing, Structuring and Investing in Sukuk is published and marketed by Euromoney, UK. He has also been a resource person and a member of Dubai International Financial Centre (DIFC) Sukuk Development Task Force.
He is an invited speaker at all major international conferences on Islamic banking and finance and offers training on the subject as a visiting lecturer at a number of reputable international learning institutions.
Mr. Adam has a Masters degree in Islamic Banking, Finance and Management from the University of Gloucestershire. He is an associate of the UK Chartered Institute of Bankers and holds an MBA certificate in International Trade from Heriot-Watt University, Scotland