INTRODUCING

Assoc. Prof. Dr. Ziyaad Mahomed

Country of Origin
South Africa

Qualification
PhD (Islamic Finance), INCEIF

Phone Number
+603 7651 4183

A Brief Introduction

Associate Professor Dr. Ziyaad Mahomed stands as a distinguished Shariah Advisor, extending his expertise to over twelve boards of Islamic financial institutions on an international scale. Notably, he holds the esteemed position of Chairman of the HSBC Amanah Shariah Board in Malaysia, underscoring his influence in shaping Shariah compliance within the financial sector.

Dr. Ziyaad’s research and consultancy efforts have left an indelible mark on the global Islamic finance landscape. His focus on innovating Takaful products and models spans diverse regions, including South Africa, Nigeria, Mauritius, and Malaysia. His leadership in numerous consultancies has been instrumental in the development of Islamic Banking windows and the evolution of Takaful in various countries, with notable contributions to the UK, Maldives, Nigeria, the Philippines, Afghanistan and Kazakhstan, among others. He serves as a Senior World Bank Consultant for advancement of Islamic Finance in Africa and South-East Asia.

Currently he is a Lead Researcher at the Center of Islamic Social Finance, after establishing the Social Finance unit in 2017. Dr Ziyaad is also head of EMIF and online programs including the Micra short course established during his tenure as Associate Dean of eLearning. His commitment to advancing knowledge delivery is evident in his leadership of a team responsible for designing cutting-edge eLearning programs.

Furthermore, his leadership extends to spearheading the development of a new Master’s online degree, employing the latest methodologies in eLearning. His multifaceted role includes active participation in creating both VBI (Value-Based Intermediation) and VBiT (Value-Based Takaful) in Malaysia, showcasing his pivotal role in shaping ethical financial practices. As a Shariah Advisor on multiple international boards, Dr. Ziyaad’s influence transcends borders, contributing significantly to developing and adhering to Shariah principles in Islamic finance. His unwavering commitment to advancing education and ethical financial practices positions him as a key figure in the global Islamic finance arena.

Publications

Books

  1. Taking Islamic Finance Education to New Heights, INCEIF Refinitiv Islamic Finance Knowledge Outlook Report 2020. Bahrain.
  2. Maximizing Social Impact through Waqf Solutions. Malaysia. World Bank, INCEIF and ISRA (2019)
  3. Malaysia as a Global Fund Administration Hub. (Volume 1) BNP Paribas Centre for Islamic Assets and Wealth Management. INCEIF, Malaysia.
  4. SRIs & the Case for Islamic Investment Funds, BNP Paribas Centre for Islamic Wealth Management, INCEIF, Malaysia.
  5. Malaysia as a Global Hub for Fund Administration. (Volume 1) BNP Paribas Centre for Islamic Assets and Wealth Management. INCEIF, Malaysia.
  • Journal Articles
    1. Mahomed, Z. & Mahbot, A. (2024), “Sustainable And Responsible Investment (SRI) Sukuk: Lessons From Khazanah’s Sukuk Ihsan”, International Journal of Islamic and Middle Eastern Finance and Management.
  • 2. Shamsudheen, S.V., Mohamad, S., Muneeza, A. and Mahomed, Z. (2024), “Ethical discourse of ethical (Islamic) finance: a systematic literature review (1988–2022) and the way forward”, Journal of Islamic Accounting and Business Research.
  • 3. Salim, K., Hamid, B. A., Mahomed, Z., & Hassan, W. (2024). Zakat-based urban farming: A tool for poverty alleviation, community empowerment, financial inclusion, and food security. Review of Islamic Social Finance and Entrepreneurship.
  • 4. Ali, M., Hussain, H. I., Nisar, Q. A., Chang, Y. W., Hamid, B. A., & Mahomed, Z. (2023). Are gig workers protected? A possible solution. International Journal of Economics and Finance Studies, 15(3), 282-302.
  • 5. Mahomed, Z., Abdul Hamid, B. Salim, K., Ali, P., Mat Nor, F., Johari, F., Zal, W.A. and Hassan, W., (2023). Case for a Centralized Database for Waqf Administration in Malaysia. Przestrzen Spoteczna (Social Space), ISSN: 2082-7696; E-ISSN: 2082-1558.

Chapters in books

  1. Mahomed, Z. (2022). Assessing Financing for Healthcare Infrastructure in Sub-Saharan Africa: Can Islamic finance assist? Edward Elgar.
  2. Mahomed, Z., Akinlaso, M., and Mohamad, S. (2022). Reactivating Abandoned Infrastructure Development in Nigeria: Considering the Islamic Finance Option. Edward Elgar.
  3. Mahomed, Z. and Hydara, M. (2022). Applying an Integrated Islamic Social Finance Model for Women Farmer Empowerment in The Gambia. Edward Elgar.
  4. Mahomed, Z. (2022), “Modelling Effective Zakat Management for the ‘Stans’ of Central Asia and Establishing Pandemic Resilience”, Hassan, M.K., Muneeza, A. and Sarea, A.M. (Ed.) Towards a Post-Covid Global Financial System, Emerald Publishing Limited, Bingley, pp. 143-159. https://doi.org/10.1108/978-1-80071-625-420210008
  5. Ma’ruf, A., Mahomed, Z., Mohamad, S. (2021). Sustainable Finance and a Sharī’ Analysis of Environmental, Social and Governance (ESG) Criteria. Title: Islamic Sustainable Finance. IGI Publication. .
  6. Mahomed, Z., Unal, I., Mohamad, S. (2021). Funding the Refugee Crisis in Turkey: A Case for Social Impact Sukuk. Book Title: Impact of COVID-19 on Islamic Social Finance. Routledge.
  7. Ali, M., Oravampurath, H., & Mahomed, Z. (2020). Social Impact Sukuk for Migrants: An Innovative Solution, Handbook of Research on Theory and Practice of Global Islamic Finance. IGI Global.
  8. Akinlaso, I. M., Adediran, I. O., Diallo, A. K., & Mahomed, Z. (2019). A future beyond digital identity. Fintech in Islamic Finance: Theory and Practice, 76.
  9. Zada, N., Lahsasna, A., Mahomed, Z., & Saleem, M. (2017). Islamic Finance Insolvencies under Secular Bankruptcy Laws:A Casey Study of Arcapita Bank under US Chapter 11, Islamic Banking:Growth, Stability and Inclusion (pp. 24). Palgrave.
  10. Shamsher, M., Mohamed, Z., & Kamil, N. (2017). Islamic Banking Business of Conventional Banks: Transition from Windows to Islamic Subsidiaries, In Mohamed Ariff (Ed.), Islamic Finance in Malaysia: Growth & Development (pp. 86-114). Pearson Malaysia Sdn. Bhd.
  11. Mahomed, Z. (2017). Islamic Capital Market: Sukuk, Islamic Finance : The New Normal (pp. 19). RAM Holdings Berhad.
  12. Mahomed, Z., Ariff, M., & Shamsher, M. (2017). Wealth Effect of Sukuk Issuance Announcement in Two Markets, In Mohamed Ariff and Shamsher Mohamad (Eds.), Islamic Wealth Management: Theory and Practice (pp. 225-245). United Kingdom: Edward Elgar Publishing Limited UK.
  13. Mahomed, Z. (2017). Zakat in Islamic Wealth Management, In Mohamed Ariff and Shamsher Mohamed (Eds.), Islamic Wealth Management – Theory and Practices(pp. 363-380). United Kingdom: Edward Elgar Publication.
  14. Mahomed, Z., Shah, E., (2016) Islamic Money Market Instruments, (‘Islamic Financial System, Principles & Operations’), ISRA

Teaching Courses