Muhammad Ashfaq PhD

Muhammad Ashfaq PhD
Country of Origin
By appointment

Muhammad Ashfaq is a trainer and consultant, and is currently working as Chief Executive of Amanah IIFE, an ethical banking and Islamic finance consulting firm based in Germany and Pakistan.

Prior to joining Amanah IIFE, Mr Ashfaq worked in various positions like Scientific Staff/Lecturer at Rhine-Waal University in Germany, and Specialist Finance at Pfizer Manufacturing Deutschland GmbH, a subsidiary of Pfizer Corporation USA. In pursuit of his passion, he is also a visiting faculty member of the International MBA program at Coburg University of Applied Sciences where he regularly teaches Financial Management.

Mr Ashfaq has also delivered numerous guest lectures in the area of traditional finance, Islamic finance, banking, global halal industry, corporate governance and Islamic law in various institutions as well as conducting a TV lecture series for Paghiam TV. Mr Ashfaq has written various research articles and has attended and spoken at several national and international conferences in more than 25 countries. He is an established writer and has contributed several chapters in different books, and co-edited a book on the topic of Finance, Ethics and Islamic banking.


Mr Ashfaq has a profound background in management, finance and Islamic ecosystem internationally spanning over 10 years. He received his bachelor's education in Pakistan and then moved to Germany for higher education. Mr Ashfaq was awarded two consecutive scholarships during his banking and finance studies at Hailey College of Banking & Finance, University of the Punjab, Lahore, Pakistan, a rare achievement reserved for only the best and the brightest. He graduated with a Master in Financial Management (MBA) from Coburg University of Applied Sciences, Germany in 2011.

Muhammad also holds a postgraduate diploma in Islamic banking and finance. His tireless pursuit of academic excellence gained him a place for a PhD at the prestigious Eberhard Karl University Tuebingen, Germany, and he has already submitted his dissertation (Islamic finance in continental Europe especially with focus on Germany) and expects to receive his degree in the next few months. He is a passionate traveller and fluent in English, German and Urdu. He loves to speak on financial as well as non-financial topics.

Expertise / Subjects
Global Halal Industry
Islamic Banking and Finance
Strategic Management
International Business
Ethical Banking