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Adj. Prof. Dr. Nizam Shah Allabasc

SHAH ALAM, Malaysia

Dr. Nizam Shah is an Adjunct Professor of Business Administration at the University of Geomatika Malaysia, a Visiting Professor at the Dili Institute of Technology (DIT), Timor-Leste, and PhD Supervisor at SEGi University Malaysia. A Chartered Accountant of the Malaysian Institute of Accountants (MIA) since 2008, and he is the founder of the accounting firm A. Nizam Shah & Co. since 2016 and Chief Compliance and Risk Officer (CCRO) of du-it Malaysia (BNPL – B2B).

He is also accredited by HRDCorp and a well-known International Corporate Trainer in ASEAN countries, together with the Kingdom of Saudi Arabia, the Maldives, Papua New Guinea, Qatar, and the Sultanate of Oman.  

He has over 23 years of professional experience in the monetary industry with a diverse background in Corporate, Conventional, Islamic Banking and Finance, and in-depth specialisation in audit review and findings, business process transformation, digitalisation, Islamic FinTech, policy & procedures, operational risks management, regulatory compliance, consulting on corporate governance and sustainability development. He is a Panel of Experts at the International Governance and Sustainability Centre, an affiliate entity in the Sultanate of Oman and Malaysia.

Dr. Nizam Shah holds a Ph.D. in Operational Risk Management from the University Tun Abdul Razak in 2022, a Professional Certificate in Islamic FinTech from the Science University of Malaysia in 2021, an MBA from the University of Selangor in 2008, and a Bachelor of Accounting (Hons) from the Science University of Malaysia in 2003. He is an ASEAN CPA since 2019, a Fellow Member of the International Compliance Association UK, and an International Certified Black Belt (ICBB) of the International Association for Six Sigma Certification USA. He holds an AML/CFT/CPF Certification for Compliance Officers from Money Services Business in Malaysia.

Dr Nizam Shah received the "Inspiring Human Award" from the International Book of Records (World Records of Excellence)” on 16th December 2024 for his individual work, which integrates hybrid methodologies and insights from global banking regulators across 34 countries.

Dr Nizam Shah received MIMCOIN’s Jury Special Award on Outstanding Individual National Achievement at the Golden Dinar Awards 2024 on 3rd February 2024.

Dr Nizam Shah is also a national award recipient from The Malaysia Book of Records (MBR) 2023, titled, First (1st) PhD Research in Operational Risks Management Between Islamic and Conventional Banking in 2023 on 10th November 2023. This Malaysian national award recognised as outstanding comprehensive research conducted by an individual, delivers exclusive insights, with a hybrid methodology on Operational Risks Management for the monetary industry in Malaysia.

Dr Nizam Shah is ranked #47 on the world’s largest thought leaders and influencers as Global Top Thought Leaders and Influencers on Risk Management, Business Continuity, and International Relations in 2023.

Dr Nizam Shah also received a national award from Britishpedia’s (British Encyclopedia) on Successful People in Malaysia under banking and finance (a biographical encyclopedia that highlights Malaysians' contributions to nation-building) in 2021.

Dr Nizam Shah received MIMCOIN’s Leadership Excellence in Accounting Profession at the Golden Dinar Awards 2020.

Dr. Nizam Shah has made significant achievements and community impact through his extensive work in academic research, professional accounting, corporate training, and risk management within the global banking and financial industries.

Adj. Prof. Dr. Nizam Shah Allabasc Points
Academic 11
Author 0
Influencer 0
Speaker 0
Entrepreneur 0
Total 11

Points based upon Thinkers360 patent-pending algorithm.

Thought Leader Profile

Portfolio Mix

Company Information

Areas of Expertise

Business Continuity 30.12
Finance 31.11
GovTech 30.36
Leadership 30.08
Risk Management 30.46
Security 30.25

Industry Experience

Financial Services & Banking
Higher Education & Research
Other
Professional Services

Publications

1 Academic Course
International Moral Hazard Risks Management in Monetary Institutions
IKSP Journal of Business and Economics, München, Germany
November 03, 2025
The article likely discusses managing moral hazard risks within international monetary institutions, a significant topic in financial economics, especially in the context of bank regulation, government bailouts, and risk management. A related article by the same author in the same journal (likely an earlier or a special issue article) focused on "Global regulators' assessments on operational risk management, international fines and sanctions violations

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Tags: Business Continuity, Finance, Risk Management

2 Conference Publications
Global Regulators Assessments on Operational Risk Management, International Fines and Sanctions Violations
IKSP Journal of Business and Economics, 1(2), 44-50. München, Germany
November 03, 2025

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Tags: Leadership, Risk Management, Security

Global Moral Hazard Risk Management and Prevention in Banking and Financial Institutions
School of Social Sciences, Universiti Sains Malaysia
December 04, 2019
This study examines the moral hazard risk impacts by main financial continents for global
monetary industry. Most of the risks are due to natural causes but the moral hazard risk is not
due to nature but it occurs because of failure of human value system. The fines imposed on the
banks are highlighted by regions. The AML and KYC is fully controlled and the sanctions fines
could be prevented if appropriate mechanism and permanent controls applied, like standard
operating procedures, systems and employees involved in processing. The consequences of the
money laundering are severe as it not only destroys the local economy but also affects the host
economy in the form of financing illegal activities and counter financing of terrorism related
activities. The regulators are to be more stringent in policy implementation to prevent these
AML activities. The fines imposed on the financial institutions and growing nature of fines and
sanctions indicate the severity of the problem in recent times. To reduce this risk, moral and
religious education is the way to prevent this moral hazard risk together with adequate
regulatory policies, controls and procedures, then to monitor the implementation of those
regulatory policies and to take necessary actions to enhanced measures to manage and mitigate
the risks.

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Tags: Finance, GovTech, Risk Management

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Adj. Prof. Dr. Nizam Shah Allabasc


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