This email address is being protected from spambots. You need JavaScript enabled to view it.


Academic Qualification

  • 2016    MSc in Islamic Banking and Finance, International Islamic University Malaysia
  • 2015    Certified Islamic Professional Accountant, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain
  • 2011    Chartered Certified Accountant (ACCA Member), Association of Chartered Certified Accountants (ACCA), UK
  • 2010    BSc in Applied Accounting, Oxford Brookes University, UK
  • 2007     Certified Accounting Technician, Association of Chartered Certified Accountants (ACCA), UK
  • 2006    Certificate in Cost Accounting, London Chamber of Commerce and Industries (LCCI), UK
  • 2005    Certificate in Accounting, London Chamber of Commerce and Industries (LCCI), UK


Work Experience

  • 2015 - Present    International Shari’ah Research Academy for Islamic Finance (ISRA), Researcher
  • 2014 - 2016    International Islamic University Malaysia, Graduate Teaching/Research Assistant
  • 2011 - 2013    A. Qasem & Co. (PwC affiliate firm), Bangladesh, Assistant Manager (Audit and Assurance)
  • 2010 - 2011    Bangladesh Institute of Management Studies, Head of External and Professional Courses and Lecturer (ACCA & ICAEW)


Areas of Interest

  1. Financial reporting of Islamic financial institutions
  2. Auditing and governance of Islamic financial institutions
  3. Islamic banking
  4. Islamic capital market
  5. Takaful



Books/Reports/Research Papers:

  1. Co-editor and Co-writer: Islamic Financial System: Principles & Operations (2nd ed.). (2016). Kuala Lumpur: ISRA.
  2. Co-editor and Co-writer: External Shari’ah Audit Report. (2016). Kuala Lumpur: ISRA and London: UKIFC.
  3. Mohamad, S., Badri, M., & Ahmed, M. (2017). Preference Shares: An Analysis of Sharīʿah Issues. ISRA Research Paper, 94/2017.

Journal Articles:

  1. Ahmed, M., Sabirzyanov, R., & Romzie, R. (2016). A Critique on Accounting for Murabaha Contract: A Comparative Analysis of IFRS and AAOIFI Accounting Standards. Journal of Islamic Accounting and Business Research, 7(3). (Scopus and awarded as highly commended paper).
  2. Rosman, R., Hamid, M., Amin, S., & Ahmed, M. (2016). Financial Reporting of Murabaha Contracts: IFRS or AAOIFI Accounting Standards? MEI Insights.
  3. Tarique, K., Ahmed, M., Hossain, D., & Momen, M. (2017, September). Maqasid al-Shariah in CSR Practices of the Islamic Banks: A Case Study of IBBL. Journal of Islamic Economics, Banking and Finance (JIEBF), 13(3), 47-63. (Scopus)
  4. Alhabshi, S., Rashid, H., Agil, S., & Ahmed, M. (2017). Financial reporting of intangible assets in Islamic finance. ISRA International Journal of Islamic Finance, 9(2), 190-195.
  5. Mohamad, S., Ahmed, M., & Badri, M. (2017). Preference shares: analysis of Sharīʿah issues. ISRA International Journal of Islamic Finance, 9(2), 185-189.
  6. Ahmed, M. (2018, January-March). Islamic Banking in Bangladesh: A Proposal for Improvement. Islami Ain O Bichar, 14(53), 73-94.

Magazine/Newspaper Articles:

  1. Ahmed, M. (2017, July 12). External Shariah audit in Islamic banks. Retrieved from The Financial Express:
  2. Ahmed, M. (2017, April 12). External Shariah audit of Islamic banks. Islamic Finance News, 14(15).
  3. Ahmed, M. (2017). Lead Story External Shariah audits of Islamic banks. Path Bulletin(36).
  4. Ahmed, M. (2016, June). The Compounding Effect of Conventional Banks' Interest Rates and the Emergence of Islamic Banking. ISRA Islamic Finance Space(5), 5-8.
  5. Ahmed, M. (2015, December). Financial Reporting of Islamic Financial Institutions: The Rationale, the Present, and the Future. Islamic Finance News Guide 2016, pp. 6-7.
  6. Ahmed, M. (2015, September). Islamic Finance Deserves Wider Syllabus Coverage, UK: PQ Magazine.
  7. Ahmed, M. (2015, July). Proposition for ACCA to Launch Islamic Finance Variant. Islamic Finance News, pp. 20-21.
  8. Ahmed, M. (2015, April). IFRS for Islamic Finance: Development is Needed With no Delay. Islamic Finance News, pp. 26-27.
  9. Ahmed, M. (2015, April). Bangladesh: Islamic Banking Continues to Grow. Islamic Finance News, p. 19.
  10. Ahmed, M., & Rosman, R. (2015, March). Financial Reporting for Islamic Financial Institutions in Malaysia: Issues and Challenges. Islamic Finance Review, pp. 52-53.
  11. Rosman, R., & Ahmed, M. (2015, March). In Numbers: Islamic Banking in Bangladesh. Islamic Finance News, pp. 23-25.
  12. Ahmed, M. (2014, December). Riba, Bank Interest, and Islamic Banking: A Summarised Response to Fundamental Questions. NEWHORIZON, pp. 24-28.
  13. Kasri, N., & Ahmed, M. (2017, December). Protection of Investment Account Holders in Islamic Banks in Malaysia: Legal and Accounting Analysis. ISRA Islamic Finance Space(9), 30-33.

Conference Presentation:

  1. Ahmed, M., Sabirzyanov, R., & Rosman, R. (2015). Financial Reporting for Islamic Financial Instruments: The Issues in IFRS-based Reporting. IIUM International Accounting Conference (INTAC) VI. Kuala Lumpur: IIUM.
  2. Tarique, K., Ahmed, M., Hossain, D., & Momen, M. (2015). Reflection of Maqasid Al-Shariah in CSR Practices of the Islamic Banks: A Case Study of Islami Bank Bangladesh Limited. International Conference on Maqasid Al-Shariah in Public Policy and Governance. Kuala Lumpur: International Institute of Advanced Islamic Studies (IAIS).
  3. Ahmed, M., Sabirzyanov, R., Rosman, R., & AlHabshi, S. (2015). Accounting treatment of Islamic financial instruments: A comparative analysis of IFRS and AAOFI accounting standards. International Conference on Islamic Perspective of Accounting, Finance, Economics and Management (IPAFEM). Glasgow: University of Glasgow.