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Professor Habib Ahmed

Sharjah Chair in Islamic Law and Finance

MA Economics (Chittagong, Bangladesh), MEcon (Oslo, Norway), PhD (Connecticut, USA)


Affiliations
AffiliationRoom numberTelephone
Sharjah Chair in Islamic Law and Finance in the Business SchoolMHL 381+44 (0) 191 33 45114
Member of the Institute for Middle Eastern and Islamic Studies  

Biography

Before joining Durham University as the Sharjah Chair, Habib Ahmed was Manager, Research and Development, Islamic Banking Development Group, The National Commercial Bank (NCB), Kingdom of Saudi Arabia. He also worked at Islamic Research & Training Institute of the Islamic Development Bank Group, Saudi Arabia and taught at the University of Connecticut, USA, National University of Singapore, and University of Bahrain. He has been a member of the Capital Adequacy Working Group of Islamic Financial Services Board (IFSB) which is responsible for, among others, setting standards and guidelines for Islamic banks and financial institutions.

Mini Biography

Before joining Durham University as the Sharjah Chair, Habib Ahmed was Manager, Research and Development, Islamic Banking Development Group, The National Commercial Bank (NCB), Kingdom of Saudi Arabia. He also worked at Islamic Research & Training Institute of the Islamic Development Bank Group, Saudi Arabia and taught at the University of Connecticut, USA, National University of Singapore, and University of Bahrain.

Research interests

  • Islamic Economics and Finance
  • Contemporary applications of Islamic commercial law
  • Economics of law
  • Non Profit Organisations and Waqf

Publications

Authored book

  • Ahmed, Habib (2011). Product Development in Islamic Banks. Edinburgh: Edinburgh University Press.
  • Ahmed, Habib (2007). 'Issues in Islamic Corporate Finance: Capital Structure in Firms'. Jeddah: Islamic Research and Training Institute, Islamic Development Bank Group.
  • Ahmed, Habib (2005). 'Operational Format for Islamic Equity Finance: Lessons from Venture Capital'. Jeddah: Islamic Research and Training Institute, Islamic Development Bank Group.
  • Ahmed, Habib (2004). 'Role of Zakat and Awqaf in Poverty Alleviation'. Jeddah: Islamic Research and Training Institute, Islamic Development Bank Group.
  • Ahmed, Habib & Chapra, M. Umer (2002). 'Corporate Governance in Islamic Financial Institutions'(Translated into Arabic). Jeddah: Islamic Research and Training Institute, Islamic Development Bank Group.
  • Ahmed, Habib (2002). 'A Microeconomic Model of an Islamic Bank'. Jeddah: Islamic Research and Training Institute, Islamic Development Bank Group.
  • Ahmed, Habib (2001). 'Exchange Rate Stability: Theory and Policies from an Islamic Perspective'. Jeddah: Islamic Research and Training Institute, Islamic Development Bank Group.
  • Ahmed, Habib & Khan, Tariqullah (2001). 'Risk Management: An Analysis of Issues in Islamic Financial Industry'(Translated into Arabic and French). Jeddah: Islamic Research and Training Institute, Islamic Development Bank Group.

Chapter in book

  • Ahmed, Habib (2020). The Islamic social sector (zakat and waqf) and development: principles, status and prospects. In Islamic and International Development: Insights for working with Muslim Communities. Khan, Ajaz Ahmed & Cheema, Affan Practical Action Publishing, Rugby.
  • Ahmed, H. (2018). The Challenge Facing Islamic Banking and Finance: Has it Moved Away from its Core Objectives, with Special Reference to Maqasid. In The Objectives of Islamic Law: The Promises and Challenges of the Maqasid al-Shari’a. Nassery, I., Ahmed, R. & Tatari, M. Lexington Books.
  • Ahmed, Habib (2017). Taking Takaful to the Next Level. In Realising the Value Proposition of the Takaful Industry for a Stable and Inclusive Financial System. Islamic Financial Services Board and World Bank.
  • Ahmed, H. (2015). Legal Environment for Islamic Banks: Status in Selected Gulf Cooperation Council Countries. In Islamic finance: political economy, performance and risk. Volume 1, Political economy, values and innovation. Asutay, Mehmet & Turkistani, Abdullah Q. Berlin: Grelach Press.
  • Ahmed, H. & Binmahfouz, S. (2015). Investigation into the Managerial Investment Skills of Islamic and Conventional Equity Mutual Fund Managers in Saudi Arabia. In Islamic finance: political economy, performance and risk. Volume 3, Performance and efficiency. Asutay, Mehmet & Turkistani, Abdullah Q. Berlin: Grelach Press. 3.
  • Ahmed, H. (2014). Analytical tools of Islamic economics: choice and the equi-marginal principle. In Handbook on Islam and Economic Life. Hassan, M. Kabir & Lewis, Mervyn K. Cheltenham: Edward Elgar. 90-110.
  • Ahmed, Habib (2013). 'Financial Inclusion and Islamic Finance: Organizational Formats, Products, Outreach and Sustainability'. In Economic Development and Islamic Finance. Iqbal, Zamir & Mirakhor, Abbas The World Bank, Washington DC. 203-229.
  • Ahmed, Habib (2012). 'Organizational models of Islamic microfinance'. In Shari'a Compliant Microfinance. S. Nazim Ali Routledge. 17-32.
  • Ahmed, Habib (2012). 'Waqfs'. In Encyclopedia of Global Studies. Helmut K. Anheier Mark Juergensmeyer & Victor Faessel Sage Publications, Thousand Oaks.
  • Ahmed, Habib (2011). 'Waqf-Based Microfinance: Realizing the Social Role of Islamic Finance'. In Essential Readings in Contemporary Waqf Issues. Monzer Kahf & Siti Mashitoh Mahamood CERT, Kuala Lumpur.
  • Ahmed, Habib (2009). 'The Methodology of Islamic Economics'. In Encyclopedia of Islamic Economics, Principles, Definitions & Methodology. M.N. Siddiqi Yildiz A.S., Istanbul. 177-185.
  • Ahmed, Habib & Khan, Tariqullah (2007). 'Risk Management in Islamic Banking'. In Handbook on Islamic Banking. Hassan, M. Kabir & Lewis, Mervyn K. Edward Elgar.
  • Ahmed, Habib (2006). 'Withdrawal Risk in Islamic Banks, Market Discipline and Bank Stability'. In Islamic Financial Architecture: Risk Management and Financial Stability. Khan, Tariqullah & Muljawan, Dadang Jeddah: Islamic Research and Training Institute, Islamic Development Bank Group. 457-477.
  • Ahmed, Habib (2005). 'The Islamic Financial System and Economic Growth: An Assessment'. In Islamic Finance and Economic Development. Iqbal, Munawar & Ahmad, Ausaf New York: Palgrave Macmillan. 29-48.
  • Ahmed, Habib (2002). 'Incentive Compatible Profit-Sharing Contracts: A Theoretical Treatment'. In Islamic Banking and Finance: New Perspectives in Profit Sharing and Risk. Iqbal, Munawar & Llewellyn, David T. Edward Elgar. 40-54.

Edited book

  • Ahmed, H., Asutay, M. & Wilson, R. (2014). Islamic Banking and Financial Crisis: Reputation, Stability and Risks. Edinburgh: Edinburgh University Press.
  • Ahmed, Habib & Muhammad Sirajul Hoque (2011). Handbook of Islamic Economics, Vol I, Exploring the Essence of Islamic Economics. Islamic Research & Training Institute, Islamic Development Bank Group, Jeddah.
  • Ahmed, Habib & Hassan, Zubair (2009). Macroeconomics from Islamic Perspectives: Theory and Contemporary Issues.
  • Ahmed, Habib & Iqbal, Munawar (2005). Poverty in Muslim Countries and the New International Economic Order. New York: Palgrave Macmillan.
  • Ahmed, Habib (2002). Theoretical Foundations of Islamic Economics. Book of Readings No. 3. Jeddah: Islamic Research and Training Institute, Islamic Development Bank, Jeddah.

Journal Article

Newspaper/Magazine Article

  • Ahmed, Habib (2013). Islamic Wealth Management: Goals and Instruments. The Q Report Issue No. 1 / 2013: 26-30.
  • Ahmed, Habib (2012). A different perspective on the financial crisis. Papers of Dialogue 3: 18-19.
  • Ahmed, Habib (2012). Defining Ethics in Islamic Finance: Looking Beyond Legality. NewHorizon 184, July-September 2012: 20-26
  • Ahmed, Habib (2011). Waqf as a Sustainable Social Enterprise: Organisational Architecture and Prospects. Global Islamic Finance 32-39.

Supervision students