Ali, 39, pushed incumbent president Sepp Blatter to a second round of voting in May’s poll, winning 73 votes, before standing aside in the contest.
He will join Uefa president Michel Platini in declaring an interest in leading football’s governing body.
The election is due to be held on 26 February next year.
Blatter, 79, triggered the election by announcing shortly after winning the last vote that he would resign, amid twin criminal investigations into alleged corruption at Fifa.
Seven Fifa officials were arrested in May on charges of racketeering, wire fraud and money laundering.
Former Fifa executive Chung Mong-joon of South Korea has also indicated that he will run in next year’s election, as has Liberian FA president Musa Bility.
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