Book description
Authors Rifaat, Archer and Volker bring an international perspective to
the growing Islamic Insurance industry. Drawing on contributions from
leading experts around the world, they present a comprehensive view of
the very issues governing the industry and its future direction. As top
financial institutes around the world seem to enter the lucrative
Takaful markets, this timely book offers crucial background information
and advice, invaluable for any serious player in the market.
Professor Simon Archer
is Visiting Professor at the ICMA Centre, Henley Business School,
University of Reading (U. K.), where he teaches on an MSc program,
Investment Banking and Islamic Finance
. Previously, he was Professor of Financial Management at the University
of Surrey (U. K.) having been Midland Bank Professor of Financial Sector
Accounting at the University of Wales, Bangor. After studies in
Philosophy, Politics, and Economics at Oxford University, he qualified
as a Chartered Accountant with Arthur Andersen in London and then moved
to Price Waterhouse in Paris, where he became a Partner in Management
Consultancy Services. In addition to being co-editor of, and chapter
contributor to, Islamic Finance: Innovation and Growth
, and Islamic Finance: The Regulatory Challenge
(published by John Wiley), Professor Archer is co-author of the CCH
International Accounting/Financial Reporting Standards Guide
and the author of a considerable number of academic papers on
international accounting and on accounting, finance, and related issues
in Islamic financial institutions. He also supervises research students
in these areas. He has carried out a number of consultancy assignments
for the Accounting and Auditing Organization for Islamic Financial
Institutions, the Islamic Financial Services Board, and the World Bank
on issues connected with Islamic finance.
Professor Rifaat Ahmed Abdel Karim has been the
Secretary-General of the Islamic Financial Services Board since 2002.
Prior to his current position, Professor Rifaat was the
Secretary-General of the Accounting and Auditing Organization for
Islamic Financial Institutions, a post he held for more than eight
years. He was a member of the Standards Advisory Council of the
International Accounting Standards Board for two terms, and is
currently a member of the Consultative Advisory Group of the
International Auditing and Assurance Standards Board. Professor Rifaat
was a Visiting Professor at Surrey University (U. K.) and Honorary
Professor at Monash University (Australia). He is currently a Visiting
Professor at Reading University (U. K.). Professor Rifaat is the
co-author of Business and Accounting Ethics in Islam, the
Euromoney bestseller book Islamic Finance: Innovation and
Growth, and Islamic Finance: The Regulatory Challenge
recently published by John Wiley. He is also the author of many
academic and professional papers on accounting, governance, and
finance issues in Islamic banking and finance.
Dr. Volker Nienhaus was Professor of Economics at the German
universities of Trier (1989-90) and Bochum (1990-2004) before he
became President of the University of Marburg (election period
2004-10). He has published numerous books and articles on Islamic
economics and Islamic banking and finance since the 1980s. He was a
member of several academic advisory boards of public and private
institutions in Germany, including the German Orient-Foundation
(1993-2006) and the Federal Ministry of Economic Cooperation and
Development (1998-2008). In 2006, he was appointed a member of the
Governing Council of the International Centre for Education in Islamic
Finance (INCEIF) in Kuala Lumpur. He is also consultant to the Islamic
Financial Services Board on governance issues of takaful
operations.