The next book in this list is by Dr. Muhammad Yusuf Saleem who is a former lecturer at both the International Islamic University Malaysia (IIUM) and INCEIF, as well as a former Shariah Board member at HSBC Amanah Malaysia. He taught various subjects at both universities such as Fiqh for Economist, Muamalat, Usul al-Fiqh, Zakat, Waqf, Faraidh and other subjects, to both undergraduate as well as postgraduate students. Most students who have some spent time at either IIUM or INCEIF would have benefited from him. He has also published numerous research papers in the field of Islamic finance and discusses form versus substance in a lot of his work. He currently serves as the Head of the Islamic Banking & Financial Services at the Central Bank of Afghanistan.
The book is an introduction to Islamic Commercial Law, covering an array of various contracts and was written primarily for an English speaking audience due to a lack of such resources in the English language. The author purposely kept the theoretical discussions brief and does not go into detailed Fiqh discussions which may confuse a beginner. The book covers an array of various contractual forms and their application in contemporary Islamic finance industry together with easy to understand structural diagrams. Each chapter has review questions which test the readers understanding and answers can be found at the back of the book.
This book is one of the best resources in English for anyone wanting an introduction to Islamic Commercial Law especially if they can’t read Arabic and is also a useful resource for someone delivering introductory courses on Islamic contracts as the author has used his many years of teaching experience and feedback from peers and students when producing the book. The book was published by Wiley in 2012 and is available for purchase either as a hardcopy or softcopy from their website.
To read the previous post (#8) of this series, please click the link below:
Islamic Economics/Finance Reading List (#8) – صكوك التمويل الإسلامية | RIZQONOMICS
To read the next post (#10) in this series, please click the link below:
Islamic Economics/Finance Reading List (#10) – Shariah Minds In Islamic Finance | RIZQONOMICS