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M Iqbal Asaria, special adviser to the Muslim Council of Britain on Business & Economic Affairs, has been awarded a CBE in the Queen's New Year Honours List for services to International Development.

Iqbal, an economist by training, has had several years’ experience in this field. For many years he was an associate of the Third World Network (TWN). In this capacity he served on the Non Aligned Movement's Expert Group on Debt. He was also the TWN's representative on the World Bank NGO Committee. He served as the chairman of the World Bank NGO Committee for three years.

As Chair of the MCB's Business and Economics Committee, Iqbal was appointed to the Department for International Development's (DFID) Development Awareness Working Group (DAWG). This initiative was responsible for initiating the DFID's "Faith & Development" programme. Iqbal drafted the MCB and Muslim Charities booklet on the 2015 Millennium Development Goals. 

Presently, Iqbal is working on furthering the faith communities engagement in development and the achievement of the 2015 Millennium Development Goals. 
Iqbal is also a member of the Governor of Bank of England's Working Group on facilitating the introduction of Islamic Financial Products in the UK market. Following upon the initiative of the Working Group the UK market has now seen the introduction of Islamic Home Finance products and the granting of a license to the Islamic Bank of Britain. Iqbal Asaria is a committed Muslim with roots in Gujarat.  «