Abdul W. Haqiqi
Encyclopedia
Abdul Wassay Haqiqi is an Afghan American
Afghan American
An Afghan American refers to an American with heritage or origins in Afghanistan.-History and population:Afghan Americans have a long history of immigrating to the United States, as they may have arrived as early as the 1920s...

 economist and coauthor of a number of published and cited works concerning Islamic banking
Islamic banking
Islamic banking is banking or banking activity that is consistent with the principles of Islamic law and its practical application through the development of Islamic economics. Sharia prohibits the fixed or floating payment or acceptance of specific interest or fees for loans of money...

 accounting standards.

Background

Haqiqi was born in Laghman
Laghman
Laghman can refer to:* Laghman Province in Afghanistan* Laghman, a place in Jowzjan Province, Afghanistan* Lamian and variants thereof as soup...

, Afghanistan
Afghanistan
Afghanistan , officially the Islamic Republic of Afghanistan, is a landlocked country located in the centre of Asia, forming South Asia, Central Asia and the Middle East. With a population of about 29 million, it has an area of , making it the 42nd most populous and 41st largest nation in the world...

. He went to Habibia High School in Kabul
Kabul
Kabul , spelt Caubul in some classic literatures, is the capital and largest city of Afghanistan. It is also the capital of the Kabul Province, located in the eastern section of Afghanistan...

 and studied two years at Kabul University
Kabul University
Kabul University is located in Kabul, the capital of Afghanistan. It was founded in 1931 but officially opened for classes in 1932. Kabul University is currently attended by approximately 7,000 students, of which 1,700 are women. As of 2008, Hamidullah Amin is the chancellor of the university...

. He received a merit scholarship to study at the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 from the East-West Center
East-West Center
The East–West Center , headquartered in Honolulu, Hawaii, is an education and research organization established by the U.S. Congress in 1960 to strengthen relations and understanding among the peoples and nations of Asia, the Pacific and the United States....

 headquartered in Hawaii
Hawaii
Hawaii is the newest of the 50 U.S. states , and is the only U.S. state made up entirely of islands. It is the northernmost island group in Polynesia, occupying most of an archipelago in the central Pacific Ocean, southwest of the continental United States, southeast of Japan, and northeast of...

 where he pursued his undergraduate studies at the University of Hawaii
University of Hawaii
The University of Hawaii System, formally the University of Hawaii and popularly known as UH, is a public, co-educational college and university system that confers associate, bachelor, master, and doctoral degrees through three university campuses, seven community college campuses, an employment...

. After receiving his bachelor's degree
Bachelor's degree
A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...

, he was granted a fellowship
Scholarship
A scholarship is an award of financial aid for a student to further education. Scholarships are awarded on various criteria usually reflecting the values and purposes of the donor or founder of the award.-Types:...

 at the University of Vermont
University of Vermont
The University of Vermont comprises seven undergraduate schools, an honors college, a graduate college, and a college of medicine. The Honors College does not offer its own degrees; students in the Honors College concurrently enroll in one of the university's seven undergraduate colleges or...

 where he was awarded a master's degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...

 in economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

. Haqiqi is fluent in four languages (Pashto
Pashto language
Pashto , known as Afghani in Persian and Pathani in Punjabi , is the native language of the indigenous Pashtun people or Afghan people who are found primarily between an area south of the Amu Darya in Afghanistan and...

, Persian
Persian language
Persian is an Iranian language within the Indo-Iranian branch of the Indo-European languages. It is primarily spoken in Iran, Afghanistan, Tajikistan and countries which historically came under Persian influence...

, English
English language
English is a West Germanic language that arose in the Anglo-Saxon kingdoms of England and spread into what was to become south-east Scotland under the influence of the Anglian medieval kingdom of Northumbria...

, Urdu
Urdu
Urdu is a register of the Hindustani language that is identified with Muslims in South Asia. It belongs to the Indo-European family. Urdu is the national language and lingua franca of Pakistan. It is also widely spoken in some regions of India, where it is one of the 22 scheduled languages and an...

).

Adviser to Mohammad Daoud Khan's Cabinet

Upon completing his studies in the United States, Haqiqi served in Afghan government positions including senior adviser to Mohammad Daoud Khan's Vice President and assumed the role of the President of State-Owned Enterprises in the Ministry of Finance. However, after the Soviet invasion of Afghanistan
Soviet war in Afghanistan
The Soviet war in Afghanistan was a nine-year conflict involving the Soviet Union, supporting the Marxist-Leninist government of the Democratic Republic of Afghanistan against the Afghan Mujahideen and foreign "Arab–Afghan" volunteers...

, he along with many other Afghans at that juncture, migrated to the United States.

Role in Afghanistan's Current Administration

After retiring from his financial analyst
Financial analyst
A financial analyst, securities analyst, research analyst, equity analyst, or investment analyst is a person who performs financial analysis for external or internal clients as a core part of the job.-Job:...

 position at the American International Group
American International Group
American International Group, Inc. or AIG is an American multinational insurance corporation. Its corporate headquarters is located in the American International Building in New York City. The British headquarters office is on Fenchurch Street in London, continental Europe operations are based in...

, Haqiqi returned to Afghanistan after the fall of the Taliban. He proposed financial and commercial reforms in various sectors of Afghanistan
Afghanistan
Afghanistan , officially the Islamic Republic of Afghanistan, is a landlocked country located in the centre of Asia, forming South Asia, Central Asia and the Middle East. With a population of about 29 million, it has an area of , making it the 42nd most populous and 41st largest nation in the world...

 while taking consultancy positions. He spearheaded efforts to train and enhance capacity building
Capacity building
Capacity building also referred to as capacity development is a conceptual approach to development that focuses on understanding the obstacles that inhibit people, governments, international organizations and non-governmental organizations from realizing their developmental goals while enhancing...

of Afghanistan's financial officers.

Contributions

His notable co-authored contributions include:
  • The Collapse of the Souk al-Manakh: A Chronicle, 1985
  • Accounting Needs of Islamic Banking, 1987
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