Shaiq Ahmad Ghafoorzai
PhD Candidate Islamic Banking And Finance
Kulola Pushta Kabul
Summary
I am a PhD candidate at Institute of Islamic Banking and Finance (IIiBF) in International Islamic University of Malaysia which is one of the world top Islamic banking and finance institute. I also hold a Masters’ Degree in Islamic Banking and Finance from the same university with a CGPA of 3.8 out of 4. Through my various professional and academic experiences, I have got an excellent insight into the world of issues and concepts related to Islamic banking and finance in different sectors including but not limited to – agriculture, health, and retail banking.
Overview
10
10
years of professional experience
6
6
years of post-secondary education
Work History
Islamic Investment Officer
Agricultural Development Fund (ADF)
Kabul
02.2022 - 04.2023
- Developed and Improved two financing models namely, Murabaha and Wakalah-bil-Istithmar.
- Managed relationship with the Sharia Advisory Board (SAB) and SAB meetings.
- Reviewed all Sharia-compliant transaction documentation prior to being submitted to the relevant committee to ensure the accuracy and the highest quality.
- Acted as a point of contact for all Sharia-compliant issues within ADF.
- Assisted Chief Credit Officer in preparation of formats documents and related materials for Islamic investments.
- Worked closely with the agricultural companies, associations, and cooperatives as well as financial institutions to develop investments arrangements.
- Developed and appraised investments proposals in various stages like the preliminary scrutiny, working out on financial viability/bankability (balance sheet analysis, cash flows projection, ratio analysis, sensitivity analysis, etc.).
- Visited clients if required for Islamic investments issues/inquires.
Internee
Al-Huda Center For Islamic Banking And Finance Based In Dubai, UAE.
Kuala Lumpur
10.2020 - 12.2020
- Performed several tasks during this internship period, which includes article/research writing, data analysis, and marketing campaigns along with several webinars and trainings on Islamic Banking and Finance.
Internee
Islamic Bank Of Afghaanistan
Kabul
06.2019 - 08.2019
- Worked closely with CSO, CSR, Western Union and Branch Manager.
- Assisted with day-to-day operations, working efficiently and productively with all team members.
- Delivered services to customers.
Finance and Admin Assistant
Helping Hand For Relief And Development(HHRD)
Kabul
08.2017 - 03.2018
- Worked closely with management to provide effective assistance for specific aspects of business operations.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Supported director with special projects and additional job duties.
Finance & Administrative Manager
Morwarid-E-Shamal Logistics Company
Kabul
06.2013 - 09.2014
- Analyzed budgets, forecasts and current trends to support overall financial operations.
- Managed expense tracking and personnel vouchers.
- Prepared and posted receipts and deposits to facilitate standard bookkeeping.
Education
Bachelor of Arts - Economics
Nangarhar University
Jalalabad, Nangarhar, Afghanistan 09.2013 - 08.2017
Master of Science - Islamic Banking And Finance
Institute of Islamic Banking And Finance (IIiBF)
Kualalumpur, Malaysia 02.2019 - 02.2021
Ph.D. - Islamic Banking And Finance
Institute of Islamic Banking And Finance (IIiBF)
Kuala Lumpur, Malaysia 04.2023 - Current
Skills
Language Skill: Pashto & Dari Native, English, Arabic, Urdu
Accomplishments
- Achievements:
- Developed Two Financing Models namely, Murabaha and Wakalah-bil-Istithmar for ADF and got the approval from Da Afghanistan Bank (DAB) Shariah Board.
- Dean’s List Merit Certificate from IIUM Institute of Islamic Banking &Finance.
- Presented paper titled “Concept of Ijarah and Issues in its Implementation in Retail Banking in Malaysia” in the seminar of Legal Issues & Transactions in Islamic Banking & Finance at IIiBF, IIUM, Malaysia in May 2019.
- Presented paper titled “Developing the Hybrid Model (Waqf & Zakat) for Improving the Zakat Recipients Healthcare in Selangor” in Islamic Social Finance: Pandemic Crisis & Possible solutions Online conference on 29th September 2020 and published in Journal of Islamic Finance, IIUM.
- Publications:
- “Waqf based Islamic Fintech Model for Agriculture Sector of Indonesia” International Journal of Business Ethics and Governance(IJBEG) https:/ doi.org/10.51325/ijbeg.v4i1.61.
- Developing the Hybrid Model (Waqf & Zakat) for Improving the Zakat Recipients Healthcare in Selangor” Journal of Islamic Finance, IIUM. https:/journals.iium.edu.my/iiibfjournal/index.php/jif/article/view/528/229.
- “Justifying the Need for Smoothing Tools by IslamicBanks” El-Barakah:Journalof IslamicEconomics& Business https://jurnal.iainponorogo.ac.id/index.php/elbarka/artic le/view/2446.
- “Proposing a Waqf Based Ijarah Smart Sukuk for Development of Waqf Properties” Springer International Publishing. https://www.springerprofessional.de/en/proposing-awaqf-based-ijarah-smart-sukuk-model-fordevelopment-/2324977.
Additional Information
- Afghanistan Tax Law by AZYM Business Consulting Services, Kabul, Afghanistan.
- Participated in AAOIFI Standards Two Days Online Seminar .
Timeline
Ph.D. - Islamic Banking And Finance
Institute of Islamic Banking And Finance (IIiBF)
04.2023 - Current
Islamic Investment Officer
Agricultural Development Fund (ADF)
02.2022 - 04.2023
Internee
Al-Huda Center For Islamic Banking And Finance Based In Dubai, UAE.
10.2020 - 12.2020
Internee
Islamic Bank Of Afghaanistan
06.2019 - 08.2019
Master of Science - Islamic Banking And Finance
Institute of Islamic Banking And Finance (IIiBF)
02.2019 - 02.2021
Finance and Admin Assistant
Helping Hand For Relief And Development(HHRD)
08.2017 - 03.2018
Bachelor of Arts - Economics
Nangarhar University
09.2013 - 08.2017
Finance & Administrative Manager
Morwarid-E-Shamal Logistics Company
06.2013 - 09.2014
Similar Profiles
DR. IGBAUKUM EMMANUELDR. IGBAUKUM EMMANUEL
State Programme coordinator. at International Fund for Agricultural Development Assisted Value Chain Development Programme, BenueState Programme coordinator. at International Fund for Agricultural Development Assisted Value Chain Development Programme, Benue
Mansour AlnumaniMansour Alnumani
Senior Credit Quality Assurance Specialist at Agricultural Development FundSenior Credit Quality Assurance Specialist at Agricultural Development Fund
Gabriel T LaizerGabriel T Laizer
Partnership Officer at International Fund for Agricultural DevelopmentPartnership Officer at International Fund for Agricultural Development
Nahida OmariNahida Omari
Stager/Midwife at Rabye Balkhi HospitalStager/Midwife at Rabye Balkhi Hospital
Bibi Yasameen AziziBibi Yasameen Azizi
Public Prosecutor at Attorney General's Office of AfghanistanPublic Prosecutor at Attorney General's Office of Afghanistan