Ajmal Hameed is a founder member of the International Islamic Banking Commission (IIBC) and is a leading expert on Islamic finance and Shariah – compliant products of traditional banking. Ajmal Hameed is also a member of the Association of Certified Anti-Money Laundering Specialists (ACAMS). He acts as a consultant to the financial services industry advising on Islamic financial products and principles, including judicial skills, and on matters related to the prevention of money laundering.Ajmal Hameed is also recognised for his expertise in the field of International Chinese Economic Law. In 1981 he was the only lawyer in the British delegation travelling to the 27th Congress of the International Chamber of Commerce in Manilla, where he spoke of the emerging economic ‘reassessment’ in the People’s Republic of China (PRC) and its implications for Western commerce. In 1982, he became a member of the UN Working Party in New York, charged with drafting a model law for international commercial arbitration, and urged that the law should include provisions to cater to specific patterns of trade with China. His views attracted interest from the Chinese government and it was through this growing relationship that he found himself at the forefront of enabling information exchange between the PRC and many prospective Western commercial partners. His work in this field included arranging sponsorship for Chinese officials to train in financial institutions and public and private organisations in Europe.
In 1983 Ajmal Hameed convened a meeting of leading European lawyers to study rapid developments in the legal system of the PRC. The meeting led directly to the formation of the International LawChina Society.
In February 1984, at the invitation of the China Council for the Promotion of International Trade, he led a delegation of distinguished European Lawyers to the PRC. During this visit he suggested the establishment of an international Trade Conciliation Centre in Hamburg (with representation in Beijing). The centre was opened in 1987 by the Hamburg Minister of Justice, and charged with conciliating commercial disputes between Europe and China.
Ajmal Hameed has acted as legal adviser in negotiations between various Asian, European, Russian, Ukrainian and Australasian organisations in Real Estate and Oil and Gas industries, involving both traditional and Islamic Finance. With legal associate offices in Malaysia, Peoples Republic of China, France, Ukraine, Russia and Australia. Ajmal has held senior advisory positions in several international banks.
Ajmal Hameed is an art lover and a collector of ancient Iranian, Turkish and Indian miniature paintings. He is also a music lover and drawn to poetry in Sufi traditions. He is represented on a number of social organisations and charitable Trusts.
Ajmal Hameed is also an established author who has spoken extensively at international forums all over the world.