Abul Hassan is a Research Scientist and Associate Professor at the Centre of Islamic Banking and Finance, King Fahad University of Petroleum and Minerals. Hassan earned his MSc in Financial Economics and PhD in Finance from the Durham University Business School. He has taught at Durham University, Staffordshire University, University of Brunei Darussalam, and Gloucestershire University (Markfield Institute). Hassan has published extensively in international peer review journals. Currently, he is conducting research in the area of Islamic banking and finance.
Sabur Mollah is a Professor of Accounting and Finance at the School of Management, Swansea University. He obtained his BCOM (Honours) and MCOM (Finance) from University of Dhaka, PhD in Corporate Finance from Leeds University Business School, and Docent in Business Administration (specialization in Corporate Finance) from Stockholm Business School. Mollah taught previously at Bournemouth University, University of Botswana, University of Dhaka, Hull University Business School, Leeds University Business School, and Stockholm Business School. He has published extensively on issues surrounding market reactions to dividend policy, asset pricing behaviour, market efficiency and volatility, corporate governance in banks, Shari’ah governance, and earnings management. His research has appeared in the Journal of Accounting and Economics, Journal of Corporate Finance, and Journal of Banking and Finance, etc. Mollah has also received several medium-size external grants.
Islamic finance often faces numerous challenges in a dynamic marketplace. This book aims to discuss contemporary issues and challenges in Islamic finance to inform discussions surrounding the governance system, the Islamic legal system, prudential regulations, Islamic home financing, and Islamic microfinance. Furthermore, corporate social responsibility (CSR), Islamic accounting, risk management, Basel Accord, and Shari'ah governance systems are discussed in the book. Despite the relevance of these issues in Islamic finance, only a few reference sources exist. This book will provide a guide for academics, students, and banking professionals to acquaint them with the theory and practice of Islamic finance, filling a needed gap.