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Globalization and Islamic Finance: Convergence, Prospects and Challenges

Amazon.com Price:  $53.48 (as of 12/05/2019 18:34 PST- Details)

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This is an extremely valuable book written by three highly qualified scholars whose credentials for writing any such book are difficult to match. The timing of the book is also perfect, having come at a time when the worst financial crisis in living memory has intensified the quest for reform of the international architecture. The proposals made by the authors will have to go a long way in not only reforming the system but also in accelerating the move towards financial globalization and convergence of the conventional and Islamic financial systems.
Dr. Umer Chapra
Prominent Scholar of Islamic Economics and currently Research Advisor
Islamic Research and Training Institute (IRTI), Islamic Development Bank (IDB)

Globalization and Islamic Finance, by three well-respected authors in Islamic finance, provides a thought-provoking analysis of a very powerful and topical issue, particularly, given the global affect of the present financial and economic crises. The book is the first attempt to make a compelling case of convergence between globalization and Islamic finance. Askari, Iqbal and Mirakhor will have to be praised for this serious effort, which is a should-read for academics and practitioners interested in Islamic finance.
Professor Rifaat Ahmed Abdel Karim
Secretary General
Islamic Financial Services and products Board (IFSB)

This book has a robust discussion of the growth and spread of Islamic finance within the umbrella of globalization. The book provides a unique view of Islamic finance, not only from the perspective of how Islamic finance fits within globalization in general, but globalization of finance in particular. This can be a should read for anyone interested in the complex and complicated world of Islamic finance.
Scheherazade S. Rehman, Ph.D.
Director, European Union Research Center
Professor of International Finance, School of Business
The George Washington University

I have not come across any literature that has delved so intensely in financial globalization, in particular Islamic finance. As a result of this reason, I would encourage all interested in this area to read this book.
Hajah Salma Latiff
Managing Director, Crescent Sdn. Bhd.
Former Director, Centre for Islamic Banking, Finance and Management (CIBFM), Universiti Brunei Darussalam

The contemporary crisis has evoked wide interest in Islamic finance publications. Globalization and Islamic Finance is both timely and needed.
Sani Hamid
Director, Wealth Management
Financial Alliance (Singapore)

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