Muhammad Ashfaq

Chief Executive Officer, Amanah IIFE, Germany

Mr. Muhammad Ashfaq is widely recognized as an outstanding and experienced Islamic Finance expert. He has contributed to the further development of the Islamic financial industry through his cutting-edge research and global initiatives for human capital development and organizational capacity building.

Mr. Ashfaq has also conducted a number of lectures and facilitated training programs for many institutions and companies on the topic of Islamic Finance, Banking, the Halal industry, Islamic Microfinance, Islamic Insurance (Takaful) and Islamic Law. He recently conducted a TV lecture series on Islamic Finance for Paghiam TV Network.

Mr. Ashfaq has spoken on the topic of Islamic Banking and Finance at conferences in more than 20 countries worldwide, and has served as peer-review referee for a number of international conferences.

Before joining Amanah IIFE, Mr. Muhammad Ashfaq served as Lecturer/Scientific Staff Member at the Rhine-Waal University of Applied Sciences in Germany.

Mr. Ashfaq also worked in the professional industry in various roles including Specialist in Finance at the Pfizer Manufacturing Deutschland GmbH Germany (a subsidiary of Pfizer U.S. Corporation), just to mention a few. In pursuit of his passion, Mr. Ashfaq is currently a visiting faculty member of the international MBA program at the Wittenborg Business School in the Netherlands, where he regularly teaches Finance and Management related courses.

Mr. Ashfaq holds an MBA in Financial Management from Coburg University in Germany, a Post Graduate Diploma in Islamic Banking and Finance and an MBA in Banking and Finance from the University of the Punjab, Pakistan where he graduated with distinction.

Mr. Ashfaq was awarded the Young Scholars Research Award by the Bilkent University, Turkey in 2015 for his cutting-edge research contributions in the area of Islamic Finance and Law. Furthermore, Mr. Ashfaq is the co-editor of “In Welcher Gesellschaft Wollen wir Leben? Befunde zu Wirtschaftsethik in der globalisierten Gesellschaft Grundsätzlich Überlegungen aus Theorie und Praxis in Wirtschaft, Recht und im Speziellen in Ethical Finance & Islamic Banking” a book published in German and English by Rainer Hampp Verlag Germany.

He speaks three international languages including German, English and Urdu.

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