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This article relies largely or entirely on a single source. Relevant discussion may be found on the talk page. Please help improve this article by introducing citations to additional sources. Find sources: "Abdul Majid Zabuli" – news · newspapers · books · scholar · JSTOR (February 2009)

Abdul Majid Zabuli (August 14, 1896 – November 23, 1998) was the founder of Afghanistan's banking system. He founded the Ashami company in 1932, which eventually became the Afghan National Bank (Bank-i-Milli Afghanistan). Until the 1990s, the Bank had seven branches in the Afghan capital of Kabul, and 10 additional provincial branches. It also had offices in Pakistan, Germany, England, and the United States. Other banks Zabuli founded include the Da Afghanistan Bank, and the Industrial Bank.

Early attempts to establish a national bank

Until 1930, both public and private trade and banking in Afghanistan occurred through financing provided by money bazaars. When trade was disrupted due to a revolt against Amānullāh Khān, Zabuli suggested the establishment of a national bank. This had been previously suggested by Amanulla and had been rejected on religious grounds. However, Zabuli was given permission to establish a joint stock company in its place. This proved unsucessful.

References

1. Abdul Majid Zabuli short bio at Afghanistan Online
2. Male, Beverley (1982). Revolutionary Afghanistan: a reappraisal. London: Croom Helm Limited. p. 229. ISBN 0709917163.

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• 1896 births
• 1998 deaths
• Afghan bankers
• Afghan centenarians