England's Jonny Bairstow is also slated to don the World XI jersey along with his compatriot Adil Rashid.
Bangladesh's Tamim Iqbal, Liton Das and Mushfiqur Rahim will be also donning the Asia XI jersey.
Mortaza has also struggled in the ongoing Bangabandhu Bangladesh Premier League as he has managed to take just eight wickets in 12 games.
While Bangladesh have made it clear that they would not play a Test series in Pakistan as of now, they were initially scheduled to play two Tests in the country.
Bangladesh are supposed to tour Pakistan for three T20Is and a couple of Test matches in January
Each franchisee need to play at least one leg-spinner and a 140+ kmph fast bowler
The 41-year old recently plied his trade as a player in Bangladesh, playing for Abahani Limited in the recently-concluded Dhaka Premier League.
Since Smith wasn't a part of the draft, he isn't viable to be picked by any team.
The Board's chairman stated that a decision is likely to be taken in the next couple of days.
The Bangladesh Cricketers will be traveling down under for a three-match Test series in New Zealand.