Abu'l-Fawaris Ahmad ibn Ali ibn al-Ikhshid (Arabic: أبو الفوارس أحمد بن علي بن الإخشيد) was the last ruler of the autonomous ruler of Ikhshidid dynasty, which ruled Egypt, Syria and the Hejaz, from 968 to 969.

[2][3] Ahmad succeeded to the throne after Kafur's death in April 968, but the situation in Egypt was critical: the vizier Ja'far ibn al-Furat tried to control the government, but lacked a power-base outside the bureaucracy; Fatimid agents stirred up trouble among the Bedouin; the army was divided into mutually antagonistic factions (the Ikhshidiyya, recruited by Muhammad al-Ikhshid, the Kafuriyya, recruited by Kafur, and the Saqaliba or Rum, European/Byzantine slave-soldiers); and the treasury was empty due to a series of low Nile floods that had caused famine.

[7][8] Soon after, the Fatimids, taking advantage of the turmoil in the Ikhshidid regime, launched an invasion under Jawhar al-Siqilli.

After the Ikhshidid troops failed in a last-ditch effort to stop the Fatimids, the city, and Egypt with it, surrendered.

[12] According to the historian al-Farghani, relayed by Ibn Khallikan, Ahmad died on 13 July 987.