Manal Shalaby


Senior Advisor Manal Shalaby brings 32 years of extensive affordable housing experience to AHI. With her expertise, Manal makes significant contributions to AHI projects in housing policy, Islamic funding structure, housing microfinance, investment promotion, and financial analysis.

Prior to joining AHI, Manal worked with a USAID program as Lead Technical and Senior Financial Advisor to develop a private-sector non-banking finance industry in Egypt. She worked closely with Egypt’s Mortgage Finance Authority to strengthen the institution and to develop and implement a strategic business plan. She worked to introduce traditional mortgage finance products alongside Islamic finance alternative products, and she contributed to the regulations and business plan for the first Mortgage Refinance Company. Manal also completed the due diligence assessments of Egyptian non-bank financial regulators before a merger between Capital Market Authority, Mortgage Finance Authority, Insurance Authority and Micro Finance. Earlier in her career, Manal consumer protection policies for Egypt’s Capital Market Authority. She led a team as a Corporate Finance Partner at KPMG, and as a Senior Manager at Deloitte, Touche, and Arthur Andersen.

Manal is an MBA graduate of the American University in Cairo, and has her Bachelor’s degree in Business Administration and Administration. She is also an accredited personal trainer and has received specialized training in numerous international programs, including Wharton’s International Housing Finance Program. She is fluent in English and Arabic.

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