Globalization and Islamic Finance: Convergence, Prospects, and Challenges

"Globalization and Islamic Finance," by three well-respected authors in Islamic finance, provides a thought-provoking analysis of an important and topical issue, particularly, given the global impact of the current 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 should be praised for this serious effort, which is a must-read for academics and practitioners interested in Islamic finance.
Professor Rifaat Ahmed Abdel Karim
"Secretary General
Islamic Financial Services 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 is a must 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. Due to 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 recent 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)"