IAIS Malaysia

Mohammad Mahbubi Ali

mahbubiDr. Mohammad Mahbubi Ali is head of economics, finance, awqaf and zakat unit cum research fellow at the International Institute of Advanced Islamic Studies (IAIS) Malaysia. He also serves as a Shariah committee member of Affin Islamic Bank. Previously, he was a researcher at the International Shari’ah Research Academy for Islamic Finance (ISRA). During his stint at ISRA, he had contributed to numerous ISRA’s research publications, mainly involving in the drafting of BNM Shari’ah Standards. He also served as Shariah consultant for ZICO Shariah Advisory Bhd and Roosdiono & Partners, Jakarta. He was a lecturer at the University of Kuala Lumpur and Unitar International University.

In his young age, he has managed to contribute extensively to Islamic finance through his regular writings featured in the Islamic Finance News (IFN), Business Islamica, The General Council for Islamic Banks and Financial Institutions (CIBAFI), New Straits Times and many others. He has published numerous articles in international and local referred academic journals, written several book chapters and presented a number of papers in various international conferences. His paper entitled: “A Framework of Income Purification for Islamic Financial Institutions,” co-authored with Dato’ Dr. Asyraf Wajdi Dusuki and Lokmanulhakim Hussain, was conferred best paper presentation in Sharia Economics Conference, University of Hannover, Germany, 2013. He received a PhD in Islamic Banking and Finance from the IIUM Institute of Islamic Banking and Finance, Malaysia. He holds a bachelor degree in Shari’ah Business and Financial Management from the Islamic Business School, Tazkia Indonesia and Chartered Islamic Finance Professional (CIFP) from INCEIF, The Global University in Islamic Finance, Malaysia.

Quotable Quotes

Think twice before you speak, because your words and influence will plant the seed of either success or failure in the mind of another - Napoleon Hill

Humour Without Malice

David and Wilson were lost in desert. They were dying of thirst when they came upon an oasis, and there was a mosque. David to Wilson, "Look! There is a mosque, lets pretend we are Muslims, otherwise we'll not get any food or water. I am going to call myself 'Ahmad'." Wilson refused to change his name and said: "My name is Wilson and I will never pretend to be other than what I am!". The imam of the mosque received both of them well and asked for their names. David: "I am Ahmad." Wilson: "I am Wilson". Imam turned to his helpers and said, "Bring some food for Wilson only." And then Imam turned towards David and said, "Ramadhan Mubarak, Brother Ahmad!".


The best among Muslims are those who are best in character.

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