- SEBI Registered RA (INH000016199)
- BSE Enlistment No: 6158
- +91 8694010200
- info@zamzam-capital.com
- SEBI Registered RA (INH000016199)
- BSE Enlistment No: 6158
- +91 8694010200
- info@zamzam-capital.com
Saif Ahmed, Managing Partner
Saif is a prominent Islamic Finance & Investments practitioner who specializes in developing Shari’a compliant savings, credit and investment products for the Indian market. He is the Managing Partner at Zamzam Capital, a Shari’a compliant investment research & advisory firm focused on the Indian financial markets. He had earlier managed Zayd Chit Funds Pvt. Ltd., which was India’s first Shari‘a compliant licensed chit fund company. Saif began his career as an investment banker working for Merrill Lynch and J.P. Morgan in New York and London. He later worked in senior roles as an Islamic Banker in Kuwait with the investment subsidiaries of Kuwait Finance House, the 2nd largest Islamic Bank in the world and has also served as the Head of Risk Management at Rehbar Financial Consultants in Bangalore. Saif graduated from Bates College, USA with a double major in Economics and Mathematics and is also a graduate of the London School of Economics (LSE). He has passed the Series 7 and 63 securities exams conducted by the Financial Industry Regulatory Authority (FINRA), USA and the Series-VI and XV (Research Analyst) exams conducted by the National Institute of Securities Markets (NISM).
Saif Ahmed
Saif Ahmed, Managing Partner
Saif is a prominent Islamic Finance & Investments practitioner who specializes in developing Shari’a compliant savings, credit and investment products for the Indian market. He is the Managing Partner at Zamzam Capital, a Shari’a compliant investment research & advisory firm focused on the Indian financial markets. He had earlier managed Zayd Chit Funds Pvt. Ltd., which was India’s first Shari‘a compliant licensed chit fund company. Saif began his career as an investment banker working for Merrill Lynch and J.P. Morgan in New York and London. He later worked in senior roles as an Islamic Banker in Kuwait with the investment subsidiaries of Kuwait Finance House, the 2nd largest Islamic Bank in the world and has also served as the Head of Risk Management at Rehbar Financial Consultants in Bangalore. Saif graduated from Bates College, USA with a double major in Economics and Mathematics and is also a graduate of the London School of Economics (LSE). He has passed the Series 7 and 63 securities exams conducted by the Financial Industry Regulatory Authority (FINRA), USA and the Series-VI and XV (Research Analyst) exams conducted by the National Institute of Securities Markets (NISM).
Managing Partner
Shafik Ahmed, Partner
Shafik has over 40 years experience in management, business development, investments and marketing spread across various businesses and companies in India, Nigeria and Azerbaijan. He is the Partner at Zamzam Capital LLP, a Shari’a compliant wealth management and research firm focused on the Indian stock market. A Mechanical Engineer, by qualification from BMS College of Engineering, Shafik began his career with Bharat Fritz Werner in Bangalore. He has been involved with the Indian stock market since the mid-1980s, which has given him exposure to various market cycles of boom and bust during this time and thus he brings a tremendous wealth of experience in the capital markets. Shafik is also a co-founder of Infinity Consultants, an Islamic Finance focused advisory and training firm and also served as a Director of Zayd Chit Funds Pvt. Ltd., India’s first Shari’a compliant licensed chit fund company based in Bangalore. He is a trustee with Zayd Foundation and is an avid golfer in his free time.
Shafik Ahmed
Shafik Ahmed, Partner
Shafik has over 40 years experience in management, business development, investments and marketing spread across various businesses and companies in India, Nigeria and Azerbaijan. He is the Partner at Zamzam Capital LLP, a Shari’a compliant wealth management and research firm focused on the Indian stock market. A Mechanical Engineer, by qualification from BMS College of Engineering, Shafik began his career with Bharat Fritz Werner in Bangalore. He has been involved with the Indian stock market since the mid-1980s, which has given him exposure to various market cycles of boom and bust during this time and thus he brings a tremendous wealth of experience in the capital markets. Shafik is also a co-founder of Infinity Consultants, an Islamic Finance focused advisory and training firm and also served as a Director of Zayd Chit Funds Pvt. Ltd., India’s first Shari’a compliant licensed chit fund company based in Bangalore. He is a trustee with Zayd Foundation and is an avid golfer in his free time.
Partner
Mujahid Ahmed, Investment Advisor
Mujahid is a seasoned investor and advisor in the Indian stock market since 2004, and has since been advising many clients on various financial products available in the market. He began his career with Indiabulls Securities and later worked at IIFL Securities for 17 years where he held the title of Associate Vice President. Mujahid specializes in macroeconomic analysis of all key factors affecting the Indian markets and is an expert in both technical and fundamental analysis. He is a Computer Engineer by qualification and has passed the Series V and VIII exams conducted by the National Institute of Securities Markets (NISM).
Mujahid Ahmed
Mujahid Ahmed, Investment Advisor
Mujahid is a seasoned investor and advisor in the Indian stock market since 2004, and has since been advising many clients on various financial products available in the market. He began his career with Indiabulls Securities and later worked at IIFL Securities for 17 years where he held the title of Associate Vice President. Mujahid specializes in macroeconomic analysis of all key factors affecting the Indian markets and is an expert in both technical and fundamental analysis. He is a Computer Engineer by qualification and has passed the Series V and VIII exams conducted by the National Institute of Securities Markets (NISM).
Senior Advisor
Saif Ahmed, Managing Partner
Saif is a prominent Islamic Finance & Investments practitioner who specializes in developing Shari’a compliant savings, credit and investment products for the Indian market. He is the Managing Partner at Zamzam Capital, a Shari’a compliant investment research & advisory firm focused on the Indian financial markets. He had earlier managed Zayd Chit Funds Pvt. Ltd., which was India’s first Shari‘a compliant licensed chit fund company. Saif began his career as an investment banker working for Merrill Lynch and J.P. Morgan in New York and London. He later worked in senior roles as an Islamic Banker in Kuwait with the investment subsidiaries of Kuwait Finance House, the 2nd largest Islamic Bank in the world and has also served as the Head of Risk Management at Rehbar Financial Consultants in Bangalore. Saif graduated from Bates College, USA with a double major in Economics and Mathematics and is also a graduate of the London School of Economics (LSE). He has passed the Series 7 and 63 securities exams conducted by the Financial Industry Regulatory Authority (FINRA), USA and the Series-VI and XV (Research Analyst) exams conducted by the National Institute of Securities Markets (NISM).
Saif Ahmed
Saif Ahmed, Managing Partner
Saif is a prominent Islamic Finance & Investments practitioner who specializes in developing Shari’a compliant savings, credit and investment products for the Indian market. He is the Managing Partner at Zamzam Capital, a Shari’a compliant investment research & advisory firm focused on the Indian financial markets. He had earlier managed Zayd Chit Funds Pvt. Ltd., which was India’s first Shari‘a compliant licensed chit fund company. Saif began his career as an investment banker working for Merrill Lynch and J.P. Morgan in New York and London. He later worked in senior roles as an Islamic Banker in Kuwait with the investment subsidiaries of Kuwait Finance House, the 2nd largest Islamic Bank in the world and has also served as the Head of Risk Management at Rehbar Financial Consultants in Bangalore. Saif graduated from Bates College, USA with a double major in Economics and Mathematics and is also a graduate of the London School of Economics (LSE). He has passed the Series 7 and 63 securities exams conducted by the Financial Industry Regulatory Authority (FINRA), USA and the Series-VI and XV (Research Analyst) exams conducted by the National Institute of Securities Markets (NISM).
Managing Partner
Shafik Ahmed, Partner
Shafik has over 40 years experience in management, business development, investments and marketing spread across various businesses and companies in India, Nigeria and Azerbaijan. He is the Partner at Zamzam Capital LLP, a Shari’a compliant wealth management and research firm focused on the Indian stock market. A Mechanical Engineer, by qualification from BMS College of Engineering, Shafik began his career with Bharat Fritz Werner in Bangalore. He has been involved with the Indian stock market since the mid-1980s, which has given him exposure to various market cycles of boom and bust during this time and thus he brings a tremendous wealth of experience in the capital markets. Shafik is also a co-founder of Infinity Consultants, an Islamic Finance focused advisory and training firm and also served as a Director of Zayd Chit Funds Pvt. Ltd., India’s first Shari’a compliant licensed chit fund company based in Bangalore. He is a trustee with Zayd Foundation and is an avid golfer in his free time.
Shafik Ahmed
Shafik Ahmed, Partner
Shafik has over 40 years experience in management, business development, investments and marketing spread across various businesses and companies in India, Nigeria and Azerbaijan. He is the Partner at Zamzam Capital LLP, a Shari’a compliant wealth management and research firm focused on the Indian stock market. A Mechanical Engineer, by qualification from BMS College of Engineering, Shafik began his career with Bharat Fritz Werner in Bangalore. He has been involved with the Indian stock market since the mid-1980s, which has given him exposure to various market cycles of boom and bust during this time and thus he brings a tremendous wealth of experience in the capital markets. Shafik is also a co-founder of Infinity Consultants, an Islamic Finance focused advisory and training firm and also served as a Director of Zayd Chit Funds Pvt. Ltd., India’s first Shari’a compliant licensed chit fund company based in Bangalore. He is a trustee with Zayd Foundation and is an avid golfer in his free time.
Partner
Mujahid Ahmed, Investment Advisor
Mujahid is a seasoned investor and advisor in the Indian stock market since 2004, and has since been advising many clients on various financial products available in the market. He began his career with Indiabulls Securities and later worked at IIFL Securities for 17 years where he held the title of Associate Vice President. Mujahid specializes in macroeconomic analysis of all key factors affecting the Indian markets and is an expert in both technical and fundamental analysis. He is a Computer Engineer by qualification and has passed the Series V and VIII exams conducted by the National Institute of Securities Markets (NISM).
Mujahid Ahmed
Mujahid Ahmed, Investment Advisor
Mujahid is a seasoned investor and advisor in the Indian stock market since 2004, and has since been advising many clients on various financial products available in the market. He began his career with Indiabulls Securities and later worked at IIFL Securities for 17 years where he held the title of Associate Vice President. Mujahid specializes in macroeconomic analysis of all key factors affecting the Indian markets and is an expert in both technical and fundamental analysis. He is a Computer Engineer by qualification and has passed the Series V and VIII exams conducted by the National Institute of Securities Markets (NISM).
Senior Advisor
Mufti Asadullah Qasmi, Shariah Board Member
Mufti Asadullah is a trained and highly qualified Islamic jurist and one of the few religious scholars in India who have researched and worked in the field of Islamic finance. He wrote almost 1,000 fatawa (religious rulings) as an assistant to the Head of the Darul Ifta (Islamic Jurisdiction) department in India’s premier Islamic seminary Darul Uloom Deoband from 2004 to 2006, through which he gained practical insights in applying his specialized training in Islamic jurisprudence, following which he worked as a Shari’a Advisor with both Parsoli Corporation and Pragmatic Wealth Management Pvt. Ltd. (Islami Tijara) in Mumbai from 2009 to 2011, advising on various Shari’a compliance issues related to Islamic banking and capital markets. Mufti Asadullah is also the coordinator for the online fatwa service for Markazul Ma’arif Education & Research Centre (MMERC) in Mumbai. He has qualifications in Fazilat (M.A.), Arabic Adab, Takhassus fil Ifta and Tadreeb-e-Ifta from Darul Uloom Deoband, India. In addition, he has diplomas in English language and literature and is a B.Com graduate from the Maulana Azad National Urdu University.
Mufti Asadullah Qasmi
Mufti Asadullah Qasmi, Shariah Board Member
Mufti Asadullah is a trained and highly qualified Islamic jurist and one of the few religious scholars in India who have researched and worked in the field of Islamic finance. He wrote almost 1,000 fatawa (religious rulings) as an assistant to the Head of the Darul Ifta (Islamic Jurisdiction) department in India’s premier Islamic seminary Darul Uloom Deoband from 2004 to 2006, through which he gained practical insights in applying his specialized training in Islamic jurisprudence, following which he worked as a Shari’a Advisor with both Parsoli Corporation and Pragmatic Wealth Management Pvt. Ltd. (Islami Tijara) in Mumbai from 2009 to 2011, advising on various Shari’a compliance issues related to Islamic banking and capital markets. Mufti Asadullah is also the coordinator for the online fatwa service for Markazul Ma’arif Education & Research Centre (MMERC) in Mumbai. He has qualifications in Fazilat (M.A.), Arabic Adab, Takhassus fil Ifta and Tadreeb-e-Ifta from Darul Uloom Deoband, India. In addition, he has diplomas in English language and literature and is a B.Com graduate from the Maulana Azad National Urdu University.
Shariah Board Member
Mufti Mohammad Yahya Qasmi, Shari’a Board Member
Mufti Mohammad is one of the few religious scholars in India who have researched and worked in both the fields of Islamic Banking & Finance and Halal Certification. He presently serves as the Shariah Auditor and Halal Coordinator at the Jamiat Ulama Halal Foundation (JUHF) Certification Pvt. Ltd., from 2012 onwards, which is India’s premier independent Halal Certification body. Mufti Mohammad began his career working as a Shari’a Advisor and Financial Analyst with Pragmatic Wealth Management Pvt. Ltd. in Mumbai where he worked on the research, audit and monitoring of Shari’a Compliant investment products related to the capital markets and also served as the Sub-Editor for the Islami Tijara magazine. He has also served as a former member of the Islamic Investment & Finance Board in India and has published various articles in Urdu & English on Islamic Economics and Finance in national newspapers and magazines. Mufti Mohammad has completed both his Fazilat & Takmil-e- Ifta (Specialization in Islamic Jurisprudence) from the prestigious Darul Uloom Deoband and has done his B. A., M.A. & M.Phil Arabic (Hons) from Jamia Millia Islamia, Delhi.
Mufti Mohammad Yahya Qasmi
Mufti Mohammad Yahya Qasmi, Shari’a Board Member
Mufti Mohammad is one of the few religious scholars in India who have researched and worked in both the fields of Islamic Banking & Finance and Halal Certification. He presently serves as the Shariah Auditor and Halal Coordinator at the Jamiat Ulama Halal Foundation (JUHF) Certification Pvt. Ltd., from 2012 onwards, which is India’s premier independent Halal Certification body. Mufti Mohammad began his career working as a Shari’a Advisor and Financial Analyst with Pragmatic Wealth Management Pvt. Ltd. in Mumbai where he worked on the research, audit and monitoring of Shari’a Compliant investment products related to the capital markets and also served as the Sub-Editor for the Islami Tijara magazine. He has also served as a former member of the Islamic Investment & Finance Board in India and has published various articles in Urdu & English on Islamic Economics and Finance in national newspapers and magazines. Mufti Mohammad has completed both his Fazilat & Takmil-e- Ifta (Specialization in Islamic Jurisprudence) from the prestigious Darul Uloom Deoband and has done his B. A., M.A. & M.Phil Arabic (Hons) from Jamia Millia Islamia, Delhi.
Shariah Board Member
Dr. Sahlu Rahman E, Shariah Board Member
Dr. Sahlu Rahman is an experienced Islamic finance professional and Shariah advisor with expertise in Shariah compliance, Islamic commercial jurisprudence (Fiqh al-Muamalat), and Shariah governance frameworks. He is currently serving as the HoD, Dept. of Fiqh Muamalat at WAFY CIC, Kerala where he teaches Islamic finance, banking, and related Shariah subjects, and serves in the Shariah Dept in several Islamic financial institutions such as Minhaj Advisory, Dubai and IFRA Business Solutions, Malaysia. He holds a Master of Science in Islamic Finance from INCEIF University, Malaysia, with specialization in Islamic banking, Islamic capital markets, Takaful, and social finance. He is a Certified Sharia Advisor and Auditor (CSAA) accredited by AAOIFI, Bahrain and has also completed postgraduate studies in Shariah with a specialization in Transactional Jurisprudence from the Coordination of Islamic Colleges (CIC), Kerala. He also holds an MA and BCom degrees from Maulana Azad National Urdu University, Hyderabad and the University of Calicut, Kerala respectively. Dr. Sahlu has practical experience in Shariah advisory, Shariah audit, Zakat calculation and management, and Islamic finance research, having worked with advisory firms, academic institutions, and consultancy assignments across India, the Middle East, and Southeast Asia. His research interests include Zakat-based financial systems, ethical finance, and financial inclusion, with published articles and conference presentations in the field of Islamic finance.
Dr. Sahlu Rahman E
Dr. Sahlu Rahman EShariah Board Member
Dr. Sahlu Rahman is an experienced Islamic finance professional and Shariah advisor with expertise in Shariah compliance, Islamic commercial jurisprudence (Fiqh al-Muamalat), and Shariah governance frameworks. He is currently serving as the HoD, Dept. of Fiqh Muamalat at WAFY CIC, Kerala where he teaches Islamic finance, banking, and related Shariah subjects, and serves in the Shariah Dept in several Islamic financial institutions such as Minhaj Advisory, Dubai and IFRA Business Solutions, Malaysia. He holds a Master of Science in Islamic Finance from INCEIF University, Malaysia, with specialization in Islamic banking, Islamic capital markets, Takaful, and social finance. He is a Certified Sharia Advisor and Auditor (CSAA) accredited by AAOIFI, Bahrain and has also completed postgraduate studies in Shariah with a specialization in Transactional Jurisprudence from the Coordination of Islamic Colleges (CIC), Kerala. He also holds an MA and BCom degrees from Maulana Azad National Urdu University, Hyderabad and the University of Calicut, Kerala respectively. Dr. Sahlu has practical experience in Shariah advisory, Shariah audit, Zakat calculation and management, and Islamic finance research, having worked with advisory firms, academic institutions, and consultancy assignments across India, the Middle East, and Southeast Asia. His research interests include Zakat-based financial systems, ethical finance, and financial inclusion, with published articles and conference presentations in the field of Islamic finance.
Shariah Board Member
