Dr. Karim Ullah, from IMSceinces Peshawar and Dr. Wafi Al-Karaghouli, from Brunel University London,co-authored a new book on Understanding Islamic Financial Services. The Book is published by KoganPage in New York, London, and New Delhi.
Islamic finance is growing globally and requires new theoretical and practical insights. This groundbreaking book, alongside basic concepts, principles, contracts, and financial products, brings in new models and tools for the inspiration and development of Islamic financial services.
The book is expected to be a useful teaching and practice resource for the students, academics, and practitioners working in Islamic finance particularly in Middle east, Malaysia, and Financial hubs of Europe and US. Professor Humayon Dar, who is the Chairman of Cambridge University Islamic Finance Leadership Programme said that this book is “an excellent addition to the literature and it will be an interesting read for anyone involved in the field”. Professor, Kabir Hassan, from New Orlean University, USA said that this book offer “new perspective on Islamic Finance, whichis holistic and pragmatic and offers new models and tools for its development”.
Similarly, Dr. Kadom Shubber, who the founder of leading Islamic Finance Journal in UK said, that this book is virtually indispensable for both students and financial institutions who want to function in accordance with the Islamic Shariah.
The book is part of the IM Sciences and State Bank of Pakistan collaboratively established, Centre for Excellence in Islamic Finance (CEIF). CEIF IM Sciences promotes education, research, and best industry practices in Islamic finance.