Ahmad Fanakati

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Ahmad Fanākatī, alternatively rendered as Ahmad Banākatī (Persian: احمد فناکتی / احمد بناکتی; simplified Chinese: 阿合马; traditional Chinese: 阿合馬; pinyin: Āhémǎ; before 1242 — 10 April 1282) was a Persian^[1] Muslim from the Qara Khitai (Western Liao dynasty) who served as chancellor and finance minister of the Yuan dynasty during Kublai's reign. He became known as a chief minister under Kublai and is credited with successfully establishing the financial system of the Yuan dynasty. He was considered to be a "villainous minister" in dynastic histories because of his perceived corruption.^[2]