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.

Hikmah

God the Most High loves it when someone brings happiness to a believer by satisfying his hunger, dispelling his worries, or paying off his debt (Hadith At-Tabarani)

Quotable Quotes

Coming together is a beginning; keeping together is progress; working together is success. - Henry Ford

Humour Without Malice

A bedouin joined the Imam for Fajar Salah. He had an appointment after the prayer but the Imam decided to recite Surah Baqarah (The Cow). As a result of the length of this Surah, the bedouin was delayed and missed his appointment. The next day he arrived early and joined the Imam again, who this time began to recite Surah Feel (The Elephant). As soon as the bedouin heard the word Feel (Elephant), completely angry, the bedouin broke his Salah and left the mosque immediately, shouting "Yesterday you read The Cow and took almost an hour to finish; today you are reciting The Elephant, you will probably finish at midnight."

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