Fly ash is a hazardous byproduct of municipal solid wastes incineration (MSWI). An alkali activated blast fumace slag-based cementifious material was used to stabilize/solidify the fly ash at experimental level. The characteristics of the stabilized/solidified fly ash, including metal leachability, mineralogical characteristics and the distributions of metals in matrices, were tested by toxic characteristic leaching procedure (TCLP), X-ray diffrac- tion (XRD) and scanning electron microscopy-energy dispersive spectrometer (SEM-EDS) respectively. Contin- uous acid extraction was utilized to extract metal ions and characterize their leaching behavior. The stabilization/ solidification procedure for MSWI fly ash demonstrates a strong fixing capacity for the metals by the formation of C- S-H phase, hydrated calcium aluminosilicate and ettringite. The stabilized/solidified fly ash shows a dense and homogeneous microstructure. Cr is mainly solidified in hydrated calcium aluminosilicate, C-S-H and ettringite phase through physical encapsulation, precipitation, adsorption or substitution mechanisms, and Pb is mainly solidified in C-S-H phase and absorbed in the Si-O structure.