Ahmad Majid Lootah

Ahmad Majid Lootah

Managing Director and CEO, Al Hilal Capital, Chair, ICC UAE Banking Commission

Ahmad Majid Lootah has over  20 years of practical experience in banking and financial sector, both conventional and Islamic. He is currently the Managing Director and CEO of Al Hilal Capital, a privately owned financial services and investment development firm, providing innovative solutions for the Islamic economy. He is also the chairman of Ahmad Lootah & Associates Chartered Accountants & Shariah Auditors. He has extensive experience of being a director of several financial services and technology companies, both public and private, in the UAE and abroad. In addition to the above roles, he is currently serving as a board member of the International Chamber of Commerce in the UAE (ICC UAE) and is the Chairman of ICC Banking Commission. He previously worked for well-known financial institutions and organisations in the UAE and abroad such as ABN AMRO Bank, the Finance Department of the Government of Dubai and M.L. United Investments in New York. Before becoming the Chief Executive of Al Hilal Capital, he served as the head of banking services at Arab Bank for Investment and Foreign Trade and was. member of its executive management committees for more than eight years. as well as serving as General Manager of World Financial Services in Dubai. In addition to being a chartered accountant, an accredited financial and banking expert to UAE authorities, an anti-fraud specialist, he is a certified Shariah advisor and auditor with the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and member of several of international institutes and professional associations. Mr Lootah holds an Executive MBA with Honours from the joint EMBA programme of The University of Sharjah American University in Beirut, and the University of Arizona. He earned his BSc. in Finance, Investments and International Business from the Farmers School of Business at Miami University, USA. He currently pursuing his Doctorate in Business Administration at the University of Sharjah (UOS). 


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