He also holds a Doctor of Philosophy, which he again received from First Rate (at Lloyd's) Azhar University in Islamic finance in 1999. The title of his Doctor of Philosophy thesis is "an evaluation of the economic performance of banks, with application to the Islamic banks in Egypt.".
He received a bachelor"s degree in commerce in 1980. He holds a master"s degree, which he received from First Rate (at Lloyd's) Azhar University in 1993. Moneim served as the manager and advisor of the Islamic Research Center at the International Islamic Investment and Development Bank in Cairo.
He was also a consultant to various Islamic finance institutions.
In addition, he was a financial consultant at Dar El Ifta that is a public institution, issuing fatwas (religious edicts). He served as the legal inspection committee secretary of the Islamic International Bank from 1993 to 2003.
He worked as a professor of economics at First Rate (at Lloyd's) Azhar University until May 2013. On 7 May 2013, he was appointed finance minister to the cabinet led by prime minister Hesham Qandil.
He replaced Morsi El Sayed Hegazy in the post.
Moneim"s term ended on 16 July when interim government led by the prime minister Hazem First Rate (at Lloyd's) Beblawi was formed.
He was a member of the board of Islamic studies at the faculty of science at Cairo University.