Islam Abdallah

Islam Abdallah

Manager, Audit & Assurance, Financial Services

Financial Services Banking

Executive summary

Consulting focus/specialization

  • Auditing of annual and consolidated financial statements in accordance with HGB and IFRS, as well as regulatory requirements, with an emphasis on risk management and credit business
  • Responsibility and leadership of international audit projects focusing on credit business and credit risk management
  • Extensive expertise in IFRS 9 Expected Credit Losses, particularly regarding Credit File Reviews
  • Management of consultancy projects within credit business, concentrating on credit processes and controls
  • Continuous support and active participation in the implementation of new regulatory requirements, as well as in the preparation, execution, and post-processing of ECB audits and special audits pursuant to § 44 KWG
  • Specialization in Islamic Banking, with audit and consultation experience related to Sharia compliance, especially concerning Sharia-compliant financial products and governance structures
  • Expert in Internal Audit Services with leadership in comprehensive internal audit projects within the banking sector, as well as independent planning and execution of internal audits
  • Active collaboration with BDO Global to support and carry out international and multinational audit and advisory projects, enhancing global cooperation and communication across the BDO network

Sector focus

  • Financial Services Banking

Further sector expertise

  • FinTech
  • Private banking
  • Islamic Banks

Engagement

  • Head of Islamic banking desk
  • Responsible liaison for BDO Middle East Network