Staff Directory


Aiman @ Nariman Binti Mohd. Sulaiman

Academic Qualification

  • Ph.D in Corporate Governance of Public Listed Companies - Doctor of Philosophy, Bond University
  • Masters of Comparative Law - Masters Degree, International Islamic University Malaysia
  • Bachelor of Laws - Bachelor Degree, International Islamic University Malaysia
  • Matriculation - Certificate, International Islamic University Malaysia

Aiman @ Nariman Binti Mohd. Sulaiman (Prof. Dr.)

Professor
IIUM Gombak Campus

AHMAD IBRAHIM KULLIYYAH OF LAWS


aimann@iium.edu.my
4367


Expert Profile


Aiman Nariman bt Mohd Sulaiman is attached to the Faculty of Law, and has been a faculty member since graduating from IIUM in 1993 with a First Class (Hon). She obtained her doctoral degree (SJD) on Corporate Law and Corporate Governance from Bond University, Australia in 2000.
She was a key figure in the Malaysian Corporate Law Reform Programme (2004-2008), firstly in proposing for a comprehensive corporate law review which led to the establishment and functioning of the Corporate Law Reform Committee and the Corporate Law Reform Project; subsequently, as a consultant for the Corporate Law Reform Project. She was a recipient of the Australian Government's Endeavour Fellowship ( November 2012-March 2013) analysing the enforcement strategies for conflict of interest and related party transation where she was attached to the School of Law, Bond University as a Visiting Professor. She was a recipient of the IIUM Quality Award for Reseacrh in 2008. She is a member of the Corporate Law Teachers' Association (CLTA) based in Australia and a member of the Society of Legal Scholars (SLS) based in the UK.
She is currently a member of the Listing Committee of Bursa Malaysia (2014-present); having held the same position between 2008-2012. She is the Chairperson and Director of IIUM Corporate Management Sdn Bhd, a subsidiary of IIUM Holdings Sdn Bhd. Dr. Aiman Nariman was also a member of audit committee of the IIUM between 2010-2012 and is presently serving in the same position.


Area of Specialisation


  • Economics, Business And Management ~ Economics, Business And Management ~ Islamic Finance ~ Islamic Corporate Governance
  • Social Science ~ Social Science ~ Law ~ Governance - financial institutions, corporations and other business vehicles
  • Social Science ~ Social Science ~ Law ~ Corporations and Associations Law - capital market and securities regulation
  • Social Science ~ Social Science ~ Law Enforcement ~ Other Law Enforcement n.e.c.
  • Economics, Business And Management ~ Economics, Business And Management ~ Finance ~ Capital Market
  • Economics, Business And Management ~ Economics, Business And Management ~ Management ~ Business Ethics
  • Social Science ~ Social Science ~ Law ~ Legal Practice and Ethics - corporate law , corporate governance and enforcement issues


Professional Membership


  • 2019 - 2020: Member of Profesional Body / Association: (member of ethics standards board), ethics standards board


Teaching Responsibilities


ADVANCED ENGLISH II 1995/1996
CLINICAL LEGAL EDUCATION 2021/2022
COMPANY LAW I 2023/2024 2022/2023 2021/2022 2017/2018 2016/2017 2015/2016 2014/2015 2013/2014 2011/2012 2010/2011 2009/2010 2008/2009 2007/2008 2006/2007 2005/2006 2003/2004 2001/2002 2000/2001 1996/1997 1995/1996 1994/1995
COMPANY LAW II 2023/2024 2022/2023 2021/2022 2020/2021 2019/2020 2018/2019 2017/2018 2016/2017 2015/2016 2014/2015 2013/2014 2011/2012 2010/2011 2009/2010 2008/2009 2007/2008 2005/2006 2003/2004 2002/2003 2001/2002 2000/2001 1996/1997 1995/1996 1994/1995
COMPARATIVE COMPANY LAW 2014/2015 2010/2011 2009/2010 2008/2009 2006/2007 2005/2006 2003/2004 2002/2003
CORPORATE FINANCE LAW 2023/2024 2022/2023 2021/2022 2020/2021
CORPORATE GOVERNANCE 2023/2024 2022/2023 2021/2022 2019/2020 2018/2019 2017/2018 2016/2017 2015/2016 2013/2014 2012/2013 2010/2011 2009/2010 2008/2009 2007/2008 2006/2007 2005/2006 2004/2005
EQUITY & TRUST II 1995/1996 1994/1995
EQUITY & TRUSTS I 1995/1996 1994/1995
EVIDENCE & PROCEDURE OF SHARIAH COURT I 1995/1996 1994/1995
EVIDENCE & PROCEDURE OF SHARIAH COURT II 1994/1995
LAW OF ASSOCIATION 1994/1995
LAW OF CONTRACT I 2003/2004
LAW OF MEETING 2003/2004 2002/2003
LEGAL METHOD 2013/2014 2007/2008 2006/2007


Supervision


Strengthening Existing Regulatory Framework On Related Party Transactions For Asean With Special Reference To The Role Of Independent Directors And Minority Shareholders.
Ph.D Completed 2023 Main Supervisor
An Analysis Of Regulatory And Governance Reform In The Banking Industry In Indonesia After The Financial Crisis Of 1997/1998.
Ph.D Completed 2019 Main Supervisor
Corporate Criminal Liability: Towards Regulating Corporate Behaviour Through Criminal Sanctions In Nigeria.
Ph.D Completed 2015 Main Supervisor
Corporate Criminal Liability: Towards Regulating Corporate Behaviour Through Criminal Sanctions In Nigeria.
Ph.D Completed 2015 Main Supervisor
The Directors ,Sharehdders And Stakeholders Dimension In Corporate Governance: An Analysis Of The Law In Nigeria.
Ph.D Completed 2012 Main Supervisor
Directors And Corporate Liability For Corruption And The Use Of The Unexplained Wealth Order.
Ph.D In Progress Main Supervisor
The Application Of Modern Collateral By Islamic Banks In Malaysia: A Shariah Analysis.
Ph.D In Progress Co-supervisor
Shariah And Legal Issues In Stock Trading In Pakistan.
Ph.D In Progress Co-supervisor
Class Action Litigation In Corporate And Security Laws: A Study Between Australia And Malaysia..
Master Completed 2013 Main Supervisor
The Financial Rights Of Shareholders In The Company : Comparative Study Between Malaysia And Australia.
Master Completed 2010 Main Supervisor
Loan Recovery Through Deventure : Malaysian Banking Experience.
Master Completed 2002 Main Supervisor


Research Projects


Completed
2020 - 2021 Study on Gap Analysis and on the Adoption of Chapter 11 of US Bankruptcy Code Related to Corporate Rescue Mecganism in Malaysia
2019 - 2020 Pelaksanaan Program Pembangunan Rang Undang-undang Pendidikan tinggi Negara
2014 - 2018 Mis-Selling of Financial Products in the Financial Services Industry - Formulating Comprehensive Investor Protection Mechanism And Enforcement Framework
2014 - 2018 Issuers' and Directors' Liability for Ongoing or Continuous Disclosure Obligation in the Capital Market
2011 - 2014 Shareholders' Empowerment and Responsibility Framework Addressing the Gap between Theory and Practice
2011 - 2016 Formulation of Governance Framework for Limited Liability Partnership (LLP) in Malaysia
2011 - 2013 Jawatankuasa Penyemak dan Meminda Akta Institusi Pendidikan Tinggi Swasta 1996 (AKTA 555)
2011 - 2014 Financial Reporting Failures - Enforcement Trends, Challenges and Lessons for Malaysia
2010 - 2011 Directors' Fiduciary Duty to Disclose Misconduct
2008 - 2010 Enforcement of Financial Misreporting and Securities Fraud
2008 - 2011 Independent Non-executive Directors and Liability Risks
2008 - 2010 The Development of the Concept of the Independent Director in Malaysia
2007 - 2010 Stock Options for Non-Executive Directors - Shareholders Voting and Features of Options Scheme
2005 - 2006 The Cross Jurisdictional Study Of The Capital Maintenance Regime With Special Focus On The Financial Assistance Legislative Framework-Reforming Malaysian Company Law
On-Going
2009 - Present Corporate, Financial Law & Regulation Research Unit


Award & Recognition


01 Nov, 2013 Endeavour Fellowship Award - Government of Australia International
01 May, 2008 Quality Award - Ahmad Ibrahim Kulliyyah of Law University
01 May, 2008 Quality Award - INternational Islamic University Malaysia University
01 May, 2003 Quality Award - Ahmad Ibrahim Kulliyyah of Laws University
04 Mar, 2003 Excellent Researcher Award - International Islamic University Malaysia Kulliyyah


Publications


Article

2020 Cooperatives for prosperity. The Star, () pp.
2020 Liability risks in shareholders’ engagement via electronic communication and social media. International Journal of Law and Management, 62 (6) pp. 539-555
2020 Maintain trust in business. the Star, 25th September 2020 () pp.
2019 Expanding shareholders' power: an analysis of reform proposals in Malaysia. Review of Law and Economics, 15 (1) pp.
2018 Expanding shareholders’ power: An analysis of reform proposals in Malaysia. Review of Law & Economics, () pp.
2018 The use of floating charge as an Islamic collateral instrument: a shariah compatibility analysis. Al-Shajarah, Special Issue (Special Issue: Islamic Banking and Finance) pp. 191-224
2017 Shareholder primacy, controlling shareholders and Malaysia’s Companies Act 2016. Journal of Corporate Law Studies, 17 (1) pp. 203-224
2017 When arbitration clause and oppression claim collide. Commonweallth Law Bulletin, 43 (1) pp. 33-47
2016 Of Ponzi schemes and investment scams: a case study of enforcement actions in Malaysia. Journal of Financial Crime, 23 (1) pp. 231-243
2013 "But we had obtained professional / legal advice!" the disclosure conundrum and diectors' dilema. Journal of Financial Crime, 20 (3) pp. 312-323
2013 Controlling shareholders: issues and challenges for shareholders’ empowerment in directors’ remuneration in corporate Malaysian . Asian Journal of Comparative Law, () pp.
2013 Financial reporting failures, board's competency and effectiveness. International Journal of Disclosure and Governance, 10 (2) pp. 155-174
2013 Misleading announcement to the stock exchange and director's breach of duty of care: Centro, James Hardie and Fortescue. The Company Lawyer, (7) pp. 233-228
2011 Internalising corporate social responsibility (CSR) –looking beyond directors’ duties. Journal of Applied Sciences Research, 7 (13) pp. 2411-2420
2010 Strengthening the independence criteria: a comparison of the United Kingdom, Malaysia, Hong Kong and Singapore. International Company and Commercial Law Review, 21 (7) pp. 239-252
2009 Directors' reliance and responsibility to supervise and auditors' duty of care: Planassurance PAC formerly known as Patrick Lee Pac V Gaelic Inns Pte Ltd. Malayan Law Journal Articles, 4 (44) pp. i-xiv
2008 Financial misreporting and securities fraud — public and private enforcement. Australian Journal of Corporate Law, 22 () pp. 31-50
2007 Challenges of public and/or private enforcement of the Corporate Governance code. International Corporate and Comparative Law Journal , 6 (1) pp. 15-38
Conference or Workshop Item

2021 Law and digitalization. In: DIFCON 2021: The 1st International Conference on Law and Digitalization (ICLD) VIRTUAL CONFERENCE: June 21-23, 2021,
2017 Companies Act 2016 versus Companies Act 1965. In: The Companies Act 2016 – Moving Forward 27 July 2017,
2017 Directors’ accountability under the Companies Act 2016. In: Seminar Pengarah,
2017 Mis-selling of financial products and investors enforcement mechanism-whither Malaysia?. In: Asian Law Institute Conference,
2016 Companies act 2016: the game changer. In: The MIA International Accountants Conference 2016,
2016 Empowered shareholder or interfering shareholder-balancing rights and accountability in governance and decision making. In: Companies Bill 2015: Doing business will not be the same anymore,
2016 Mastering the new corporate finance rules-rights and accountability; rules and process. In: Companies Bill 2015: Doing business will not be the same anymore,
2016 Minority share holders' rights- protection and enforcement. In: Malaysian Corporate Law and Case Law on Protection of Minority Shareholders,
2016 Shareholders activism and shareholders power to instruct. In: 5th International Conference on Law and Society (ICLAS V) 2016,
2016 The regulation of equity crowdfunding in Malaysia.. In: 5th International Conference on Law and Society (ICLAS V) 2016,
2015 Consumer protection in Indonesian banking industry. In: The 8th UUM International Legal Conference 2015,
2015 Extending the scope of proprietary remedies to recovery of pure profits from successful investment of bribes: the endgames in Lister v Stubbs. In: The 8th UUM International Legal Conference 2015,
2015 Pengharmonian Akta Kontrak 1950 dan prinsip-prinsip shariah. In: Persidangan Meja Bulat Pengharmonian Undang-undang-Kajian Undang-undang Bertulis,
2015 When arbitration clause and oppression claims collide. In: 4th International Conference on Law & Society (ICLAS IV) 2015 ,
2014 Public and private enforcement strategies in regulating market misconduct and continuous disclosure- an overview of issues and challenges in Malaysia. In: Comparative Enforcement of Corporate and Securities Law in Asia 2014,
2013 Bribes and the scope for the imposition of constructive trusts - the way forward for Malaysia. In: International Conference on Commercial Laws (ICCL 2013),
Book

2021 Malaysia Company Law: principles and practices , 3rd edition. Wolters Kluwer, ISBN: 978-967-2875-00-0
2018 Malaysia company law: principles and practice. Wolters Kluwer, ISBN: 9789670853505
2015 Malaysia company law: principles and practices. Commerce Clearing House Sdn Bhd (Wolters Kluwer), ISBN: 978-967-0853-05-5
2011 Corporations and partnerships in Malaysia. Kluwer Law International, ISBN: 9789041137876
2011 Governance of corporations and business associations: issues and recent developments. IIUM Press, ISBN: 9789674181093
2008 Commercial applications of company law in Malaysia, 3rd. ed.. Commerce Clearing House Sdn Bhd (Wolters Kluwer), ISBN: 9789814228343
2005 Commercial applications of company law in Malaysia, 2nd ed.. Commerce Clearing House Sdn Bhd (Wolters Kluwer), ISBN: 9789814180870
2002 Commercial applications of company law in Malaysia. Commerce Clearing House Sdn Bhd (Wolters Kluwer), ISBN: 9810463375
2002 Commercial applications of company law in Malaysia. Commerce Clearing House Sdn Bhd (Wolters Kluwer), ISBN: 9810463375
2002 The Annotated Statutes of Malaysia: companies commission of Malaysia Act 2001 (Act 614) - 2002 issue. Malayan Law Journal Sdn Bhd, ISBN: 967-962-430-7
Book Section

2019 Protection of minority investors in the capital market: public enforcement and shareholders' litigation. In: Cambridge University Press, ISBN: 9781107108608, pp. 944-986
2018 Malaysia. In: Kluwer Law International BV, ISBN: 978-90-654-4946-7, pp. 13-184
2017 Company law and corporate governance in Malaysia- harmonisation of Shariah and the common law. In: Routledge, Taylor & Francis, ISBN: 978-1-3157-6701-7, pp. 228-244
2016 Company law and corporate governance in Malaysia: harmonisation of Shariah and the Common law. In: Routledge Taylor & Francis, ISBN: 978-1-1387-8689-9, pp. 228-244
2016 Company law and corporate governance in Malaysia: harmonisation of Shariah and the Common law. In: Routledge Taylor & Francis, ISBN: 978-1-1387-8689-9, pp. 228-244
2011 Constructive trusts. In: IIUM Press, ISBN: 9789674182236, pp. 87-108
2011 Recent developments on directors' remuneration: lessons for Malaysia. In: IIUM Press, ISBN: 9789674181093, pp. 95-118
Monograph

2018 Modern collateral instruments and underlying assets for collateral: a sharīʿah compatibility analysis. In: International Shari’ah Research Academy for Islamic Finance (ISRA),
2016 Harmonisation of Contracts Act 1950 and the Shariah. In: ,
2015 International encyclopedia for corporations & partnerships. In: Wolter Kluwers,