Mr. Ijlal Ahmed Alvi
Mr. Ijlal Ahmed Alvi has extensive experience in the financial services sector spanning over 25 years with international and middle-eastern financial institutions, with the last decade focusing on standard-setting in the Islamic Financial Services Industry as the Chief Executive Officer and Secretary to the Board of IIFM where he has been influential in initiating standardization of Islamic financial contracts & product templates globally.
Mr. Alvi manages IIFM’s market consultations, global working groups, Shari’ah guidance and legal reforms towards developing unified Islamic standard agreements and guidance notes for specific products covering Islamic hedging, liquidity management, capital market, trade finance and corporate finance. He also manages IIFM’s market awareness programs by organizing various specialized seminars and technical workshops across the globe.
Mr. Alvi has been part of several international working committees/task-forces and currently is a member of the International Monetary Fund (IMF) External Advisory Group on Islamic finance, Working Group Member of AAOIFI FAS on Wa’ad & Khayar, OIC Member States Stock Exchanges Forum etc.
Mr. Alvi also participates as an expert in technical events hosted by regulators & others such as Securities Commission Malaysia, Central Bank of Bahrain, Bank Indonesia, State Bank of Pakistan, Central Bank of Turkey, The World Bank, Islamic Development Bank, etc. He has contributed a number of articles/papers and commented on various topics in financial news, journals and forums such as Havard/LSE workshop. He has also reviewed books and papers on Islamic finance and is a regular speaker at major Islamic finance conferences worldwide.
During his tenure so far, IIFM has signed MoU’s with international organizations such as ISDA, ICMA, IRTI, ISRA, IBRD (The World Bank), Borsa Istanbul etc. which have had resulted into a number of Islamic marker unification initiatives.
Mr. Alvi holds a Master’s in Finance from Golden Gate University, California, USA.