Personal Details

• Date of Birth : 01 March, 1968.
• Domicile : Malaysia.
• Profession : Academician / Corporate Advisor & Consultant in the Global Islamic Banking and Financial Market on:  

Shari’ah Compliance of Banking & Financial Products & Technicalities / Islamic Banking /Islamic Finance/ Islamic Investment/Islamic Capital Market / Islamic Bond @ Sukuk Market/ Takaful & Re-Takaful/Islamic Wealth Management/ Islamic Property & Asset Management/Corporate Mu’amalat/ Islamic Income Tax/ Islamic Financial Planning /Islamic Unit Trust/ Islamic Fund Management/ Islamic Venture Capital/ Islamic Equity Market/Islamic Multi-Level Marketing/ Islamic Business/ Islamic e-Commerce / Islamic Securitization /Islamic Hedge Funds/ Islamic Debt Capital Market /Islamic Financial Derivatives (Futures & Options)/Islamic Corporate Risk Management/Islamic On-line Banking & Financial Services/ Islamic Project Finance/Islamic Corporate Governance/other Contemporary Islamic Financial & Commercial matters with Practical Considerations.

Contact

Tel. : +603-4256-6346 (Off); H/P:+6019-369 9542; Fax. : +603-4256 5346

E-mail : masum2001@yahoo.com or masum@applied-islamicfinance.com

Web Page:

• http://www.applied-islamicfinance.com
• http://www.islamic-insurance.com

Credentials

• D.BA. (E-Commerce), USA.
• Ph.D . [Takaful vs. Insurance], IIU Malaysia.
• MCL ( Comparative Regulations) , IIU Malaysia.
• M.M.B. (Hadith @ Islamic Jurisprudence)
• LLB [Hons.], IIU Malaysia.

Areas of Specialisation

• E- COMMERCE : A Comparative Modern & Shari’ah Analysis.
• TAKAFUL vs. INSURANCE:A Comparative Practical, Legal & Shari’ah Analysis.

 Areas of Sub-spécialization

• Shari’ah Compliance of Banking & Financial Products & Technicalities ;
• Islamic Banking;
• Islamic Finance;
• Takaful;
• Re-Takaful ;
• Islamic Investment;
• Corporate Mu’amalat;
• Islamic Bond @ Sukuk Market;
• Islamic Capital Market;
• Islamic Wealth & Asset Management;
• Islamic Property Management;
• Islamic Financial Planning;
• Islamic Money Market @ Gold Dinar;
• Islamic e-Commerce;
• Islamic Trade & Project Finance;
• Islamic Venture Capital;
• Islamic Equity Market;
• Islamic Debt Capital Market;
• Islamic Financial Derivatives (Futures & Options);
• Islamic Hedge Funds;
• Islamic Unit Trust;
• Islamic Corporate Risk Management;
• Islamic On-line Banking & Financial Services;
• Islamic Securitization; and
• Islamic Business.

Areas of Contributions  

• Freelance Corporate Advisor & Consultant (International & Local Levels ) on Shari’ah , Technical & Product issues of :

Shari’ah Compliance of Banking & Financial Products & Technicalities / Islamic Banking /Islamic Finance/ Islamic Investment/Islamic Capital Market / Islamic Bond @ Sukuk Market/ Takaful & Re-Takaful/Islamic Wealth Management/ Islamic Property & Asset Management/Corporate Mu’amalat/ Islamic Income Tax/ Islamic Financial Planning /Islamic Unit Trust/ Islamic Fund Management/ Islamic Venture Capital/ Islamic Equity Market/Islamic Multi-Level Marketing/ Islamic Business/ Islamic e-Commerce / Islamic Securitization /Islamic Hedge Funds/ Islamic Debt Capital Market /Islamic Financial Derivatives (Futures & Options)/Islamic Corporate Risk Management/Islamic On-line Banking & Financial Services/ Islamic Project Finance/Islamic Corporate Governance/other Contemporary Islamic Financial & Commercial matters with Practical Considerations.

• Founder of :

Global Centre for Applied Islamic Finance (GCAIF).
(http://www.applied-islamicfinance.com)

• Professor (Offered) at:

The Centre for Research in Islamic Economics (CRIE), King Abdul Aziz University, Jeddah, Saudi Arabia. (the position has not been reported yet)

• Visiting Dean & Adjunct Professor (Distance Learning ) on an ad-hoc basis at:

The Faculty of Islamic Finance, Camden University, USA

• Adjunct Professor (Distance) on an ad-hoc basis at:

University of New Castle , USA .

• Former Assoc. Professor at:

Department of Business Administration, International Islamic University, Malaysia.(IIUM)

• Advisor ( Global Islamic Business & Entrepreneurship ) to :

Malaysian Muslim Chamber of Commerce (DPIM), Perlis, Malaysia.

• Chairman of the Shari’ah Advisory Body (SAB) of :

NTUC Income, Singapore.

• Member of the Group Shari’ah Advisory Body (GSAB) of :

RHB Group of Companies, Malaysia

• Advisor & Panel of Academia of:

Islamic Finance News.

• Director General of:

Institute of Research in Islamic Finance (IRIF).

• Chief Advisor ( for the Schemes of CD & TV Channel @ IBF global) to:

IBF global Malaysia.

• Author of :

http://www.islamic-insurance.com

• Advisor ( Takaful ) to :

International Cooperative & Mutual Insurance Federation (ICMIF), London.

• Vice President of :

The Asian Institute of Management Science (AIMS)

• Vice President of :

The J.E.S. Open Learning Sdn. Bhd. ( Malaysia)

• External Fellow to:

Islamic Banking and Finance Institute Malaysia (IBFIM)

• Shari’ah Advisor to:

i - Free Capital Group, Singapore

• Shari’ah Board Member:

Takaful Ikhlas Sdn. Bhd., MNRB, Kuala Lumpur

• Advisor to:

Islamic Commercial Insurance Co. Ltd (ICICL).

• Chief Advisor to

Door Way Marketing Limited. (DML Multi-Level Marketing).

• Chief Advisor to:

Al-Falah Communication Services Limited. (Al-Falah CS Multi-Level Marketing).

• Advisor to:

School of Human Capital & Entrepreneurship , Singapore

• Consultant to:

Islamic Commercial Insurance Co. Ltd. ICICL.

• Adviser to:

NETVERSITY (http://www.netversity.org)

• Moderator : Takaful Forum, IBF NET

Academic Award(s) / Prize(s)

Among the awards received are:

Experience in Teaching

Supervision on Research Works

Experience in the Public Media (TV2 & ASTRO)

• About 24 slots in the program of Thought for the Dayorganised by the JAKIM for TV2.

• One slot in the program of Pedoman organised by the JAKIM for TV2

• One Slot in the ASTRO RIA (TV) on the possibilities & prospects of Licensing of Foreign Islamic Banks in Malaysia.

Papers for the International & Local Conferences, Seminars, Workshops etc

1. “ Principles of Contract Affecting Takaful & Insurance-Compared”, was presented at the International conference for OIC and D8 Member Countries, was held in Kuala Lumpur on 2-3 June, 1999.
2. “ Business Ethics of the Seller of Goods in Contemporary Malaysian Market”……The paper was presented at the 7 th Tun Razak International Conference on Business and Management in Southeast Asia Advancing theory and Practices, was held on 2-4 December, 1999 in USM, Penang, Malaysia.
3. A paper on Damages was approved for presentation at the 28 th Annual Convention of the Association of Muslims Social Scientists (AMSS) which was held in Leesburg, USA on 29-31 October 1999.
4. A Paper on Business Ethics has been approved for presentation in the First International Conference on “Cross Cultural Business Ethics” was held in Tunis, 10-11 December 1998, organised by the University of Westminster and the University of Tunisia III.
5. A paper on “Quantum of Damages in Islamic Insurance (Takaful): An Islamic approach in Global Context”, has been presented (discussion was made by someone on behalf of the author due to his absence) at the WEA International’s 75 th Annual Conference which was held in Vancouver, Canada on June 29 – July 3, 2000.
6. An Abstract of a Paper entitled: “Recent Development on Cyber Law in Malaysia & a Shari’ah Postulate-Compared” has been approved for the International Conference onInformation Systems & Islam Which is scheduled to be held in October, 2000 at IIUM.
7. A presentation was made as a keynote speaker on “Islamic insurance: theories, practices and prospects in Bangladesh” which was organized by the Bangladesh Insurance Academy in Dhaka on 14 February 2000.
8. “ Takaful? Refuting the Misconception & further justification”. A talk was delivered at the meeting room of the Department of Business Administration, UIAM in November 1999.
9. Presentation of an essay entitled, “Can Zakat Provide a Basis for the Modern Social Security System?” was presented at the Kensington Town Hall, London, on 19 th November 1995.
10. Presentation of an essay at the Lamya al-Faruqi Award for Academic Excellence –1996, at the Holiday Inn, Shah Alam, May 1997.
11. " Takaful: Central Idea, Origin & Development", Presented at the International Takaful Forum, which was held at the College of Insurance, New York on 26-27 April 2000.
12. “Cyber law in Malaysia and the Shari’ah Islami’ah postulate- a comparative study”. The paper has been presented at the Faculty of Economics & Management seminar series of the International Islamic University Malaysia on 24 March, 2000.
13. “ Could Zakat guarantee social security? An analytical study”. The paper has been presented at the Faculty of Economics & Management seminar series of the International Islamic University Malaysia on 14 April, 2000.
14. " Misconception to Takaful business and refuting them in the light of the Shari'ah context ",The paper has been presented at the Seminar held at the hotel Nikko, Kuala Lumpur on 30-31 May,2000, organized by BIRT.
15. " Rights and obligations of Takaful intermediaries", was presented at the "Introduction Course on Takaful for Syarikat Takaful Singapore (Agencies) Pte. Ltd.," which was held in Singapore on September 4 - 5, 2000.
16. " Recent Development of Law Affecting Consumer Protection in Malaysia & Shari'ah Postulate - Compared," which was presented at the Kulliyah Seminar Series(KENMS), International Islamic University, Malaysia on September 8, 2000.
17. " Shari'ah law in relation to Takaful ", was presented at the "In- House Training: Third (3 rd) Programme", Islamic Bank of Brunei (IBB), Brunei on September 27, 2000.
18. " Refuting misconception of Takaful operations", was presented at the Bank Negara Malaysia on August 21, 2000.
19. " The legal requirement governing Takaful operations", was presented at the Bank Negara Malaysia on August 23, 2000.
20. “Refuting misconception of Takaful operation", was presented at the "In- House Training : Third (3 rd) Programme", Islamic Bank of Brunei (IBB), Brunei on September 27, 2000.
21. " The market niche of Takaful product", was presented at the "In- House Training : Third (3 rd) Programme", Islamic Bank of Brunei (IBB), Brunei on September 27, 2000
22. " Shari'ah law in relation to Takaful", was presented at the "Introduction Course on Takaful for Syarikat Takaful Singapore (Agencies) Pte. Ltd.," which was held in Singapore on September 4 - 5, 2000.
23. " Refuting misconception of Takaful operations", was presented at the "Introduction Course on Takaful for Syarikat Takaful Singapore (Agencies) Pte. Ltd.," which was held in Singapore on September 4 - 5, 2000.
24. “ Central Idea of General Insurance & General Takaful – Compared”, was presented at the workshop on Principles & Practices of Conventional & Islamic Insurance, held in BIA, Dhaka on 24-25, November 2000.
25. “ Central Idea of Life Insurance & Family Takaful – Compared”, was presented at the workshop on Principles & Practices of Conventional & Islamic Insurance, held in BIA, Dhaka on 24-25, November 2000
26. “ Principles & Practices of Management of Takaful Funds”, was presented at the workshop on Principles & Practices of Conventional & Islamic Insurance, held in BIA, Dhaka on 24-25, November 2000.
27. “ Investment Policies in Insurance vs. Takaful”, was presented at the workshop on Principles & Practices of Conventional & Islamic Insurance, held in BIA, Dhaka on 24-25, November 2000.
28. “ Accounting Policies affecting Insurance & Takaful – Compared”, was presented at the workshop on Principles & Practices of Conventional & Islamic Insurance, held in BIA, Dhaka on 24-25, November 2000.
29. “ Claims and Distribution of Benefits in Insurance vs. Takaful – Compared”, was presented at the workshop on Principles & Practices of Conventional & Islamic Insurance, held in BIA, Dhaka on 24-25, November 2000.
30. “ Accounting Regulatory Frameworks: IAS, MAS, AAOIFI & Shari’ah Postulate-Compared”, was presented at the Faculty of Economics & Management seminar series of the International Islamic University Malaysia on February , 2001.
31. “ The Philosophy of Islamic Insurance System: Concept & Principles”, was presented at the Crown Princes Hotel, Kuala Lumpur on February 27, 2001.
32. Four Papers were presented at a workshop on “Operational Mechanisms of Islamic Insurance”, which was held on May 7-9,2001 at the Insurance Academy, Dhaka.
33. “ Rediscovery of Quantum of Damages in Takaful Practices For The 21 st Century’s Reality”, Presented at the International Summit on Takaful, which was held on May 23-24,2001 at the Hotel Istana, Kuala Lumpur.
34. “ Models of Takaful (Islamic Insurance) as Adapted in the Global Economy”, was presented at the Managers’ Conference of the Far East Islami Life Insurance Co. Ltd. Dhaka on May 18,2001.
35. “ Concept and Operational Mechanisms of Islamic Life Insurance”, was presented at the National Seminar organised by the Far East Islami Life Insurance Co. Ltd. Dhaka on May 18,2001.
36. “ Legal Aspects of Takaful vs. Insurance : Compared”, was presented in Labuan Offshore Financial Centre on October 03, 2001.
37. “ Understanding Malaysian Securities Law”, was presented at ESSET (EPF) in Kajang on October 25, 2001
38. “ Recent development of Cyber Law in Malaysia & Shari’ah Postulate: Compared”, was presented at the International Conference on Information System & Islam, held in IIU Malaysia on November 05-07, 2001
39. “ Regulatory Frame Works of Financial Planning: Modern vs. Shari’ah Paradigm –Compared”, was presented at the Department Seminar of the Dept. of Business Administration, IIU Malaysia on November 12, 2001
40. “Harmonizing the Regulatory Frameworks Governing Insurance and Takaful Businesses”, was presented at the International Summit on Takaful -Dhaka 2002, which was held on 16-17 March 2002 in Dhaka.
41. “Adaptation of Various Justified Alternatives of Agency commission in Takaful Industry”, was presented at the International Summit on Takaful -Dhaka 2002, which was held on 16-17 March 2002 in Dhaka.
42. “Islamic Life Insurance in the Contemporary Bangladesh Socio-Economic Reality: Challenges & Prospects”, was presented at the International Summit on Takaful -Dhaka 2002, which was held on 16-17 March 2002 in Dhaka.
43. “Shari’ah Postulate of Life Insurance: A Global Economic Reality”, was presented at the Fifth Harvard University Forum on Islamic Finance, which was held at the University of Harvard, USA, on April 6-7, 2002.
44. “What are Islamic Banking & Insurance?” was presented at the National Academic Training Program for the Mufassir al- Qur’an, Dhaka, on May 01, 2002.
45. “Structuring Islamic Project Financing For Property Development” was presented at the Conference on Malaysian Land & Housing Development Law, held at the Shangri La Hotel , Kuala Lumpur, on June 10-11, 2002
46. “Islamic Property Financing in the Contemporary Reality” was presented at a Social Gathering, held at the International Islamic University Malaysia, on June 15, 2002
47. “Possible Political & Regulatory Frameworks of Introducing Islamic Dinar” was presented at the 2002 International Conference on Stable & Just Global Monetary System- Viability of Islamic Dinar, held at the Putra World Trade Centre, Kuala Lumpur on August 19-20, 2002.
48. “Developing a Suitable Legal Structure to Facilitate the Growth of Takaful”, was presented at the Convention on Takaful for D-8 & OIC Member Countries – Kuala Lumpur 2002, was held at Renaissance Hotel Kuala Lumpur on Nov. 01-02, 2002.
49. “Socio-Political Challenges & the Shari’ah Law and Order” was presented at the National Press Club, Dhaka on Oct. 16, 2002.
50. Seminar on the “Possible creation of Tabarru’ fund in Islamic general insurance scheme”, held at ICICL, Dhaka in January, 2003.
51. Fiqh discussion on “How Islamic are the Islamic Banks in Malaysia”, held at the Conference room of the Kulliyyah of Economics & Management Sciences, IIU Malaysia on February 24, 2003.
52. “Shari’ah Concept of al-Hibah in Practical Reality”, was presented in Special workshop on al-Hibah in Every day Malaysian Socio-economic Reality, held at the Putra World Trade Center, Kuala Lumpur on April 12, 2003.
53. “Essence of Application of al-Hibah for Better Management of Wealth: A Malaysian Reality”, was presented in Special workshop on al-Hibah in Every day Malaysian Socio-economic Reality, held at the Putra World Trade Center, Kuala Lumpur on April 12, 2003.
54. “Adaptation of al- Hibah in the contemporary Islamic Banking and Financial Products” , was presented in the 3 rd Annual Islamic Banking Conference - Rising to the Challenges, held at the Sheraton Imperia Kuala Lumpur on April 15-16, 2003
55. “Risk Management In Takaful Practices”, was presented at the professional seminar on Risk Management, held in Crown Princes, KL, on 26-27 th May, 2003.
56. “Shari’ah principles of Takaful”, was presented in training for the staff of Bank Negara Malaysia, on 28 th June, 2003.
57. “Reviewing the Shari’ah Instruments Adapted in Islamic Financing for Housing Development: A Malaysian Reality”, was presented at the Professional Seminar on Islamic Home Financing: Legal Issues for the Financiers & Developers, held in Renaissance Hotel Kuala Lumpur, 0n 23-24 th July, 2003.
58. “Shari’ah Understanding of al-Hibah in to Day’s Practical Reality”, was presented at the Intellectual Seminar on al-Hibah in Property & Financial Management in Malaysia, held in Primula Beach Resort, Trengganu, 0n 11 th July, 2003.
59. “The Changing Regulatory Framework of Malaysia’s Insurance Market:
    Regulatory Implications,” was presented at the Conference onMalaysia Insurance, held on November 10 -11, 2003 at the Shangri-La Hotel, Kuala Lumpur.
60. “Wrong Doings in the Cyberspace: An Eithico-Legal Response From The Modern Law and Shari’ah Rulings”, was presented at the Professional Seminar, organized by the Faculty of Engineering of the International Islamic University, Malaysia on November 14, 2003.
61. “Regulatory Frameworks On Halal Stocks: A Malaysian Experience”, Presented at the seminar on non-bank financial institutions: Islamic alternatives, organized by the IRTI, IDB and IBFIM, on March 1-3,2004.
62. “Exploring Recent Regulatory Development of Islamic Banking and Financial Industries Globally”, Submitted at the 4 th Annual Islamic Banking & Finance Forum, Organized by Marcusevans Conferences on March 22-23, 2004 at Marriot Hotel Kuala Lumpur.
63. “Laws on Finance and Muamalat Transactions”, Presented at the Bank Negara Malaysia on March 30, 2004.
64. “Position of Shari’ah Law in Malaysia”, Presented at the Bank Negara Malaysia on March 30,2004.
65. “Securities Regulations: Latest Updates and Recent Development”, Presented for the Securities Commission Malaysia, at the Management Centre of the IIUM on April 01,2004.
66. “Islamic Insurance: A Global Update in the wake of Globalization”, was presented at the BIIT on May 15, 2004
67. “Role of trustee company in Malaysia in asset management and estate administration process”, was presented at the Colloquium on Muslim asset Management and estate administration, was held at the Hotel Marirot, Putra Jaya on 24 -25, 2004

RESEARCH WORKS

• RESEARCH PROJECTS

Research under IRPA (Ministry of Science, Technology& Environment of Malaysia)

PUBLICATIONS

The following manuscripts have been authored:

Published Books

ARTICLES

There are more than 100 articles have been written. Among them about 16 articles with possible updates have been Re-Published in different Journals. They have already been published / approved for publication in the law, economics and some other academic journals in the UK, USA, Pakistan, Saudi Arabia, India, and in Malaysia, while some have already been sent for publication. The list of the articles is as follows:

Published Article(s)

1. “ Malpractice of Insider Trading: An Economic, Legal & Shari’ah response” (Co-Authored) in Business Law Review, ( London) Nov. 1999 at P. 261.
2. “Business Ethics of The Seller of Goods in Contemporary Malaysian Market…” in 7 t h Tun Razak International Conference-Part 2 Proceedings, USM, 2-4 December, 1999 at P. 633.
3. “A Model of life insurance in the contemporary Islamic economy”, in Arab LawQuarterly ,(London) Vol. 12 , No. 3, 1997, at 287-306.,
4. “A Comment to the recent Fatwa of Shaikh Al-Azhar against the validity of life insurance”, in New Horizon - A Journal of Islamic Banking and Insurance, Nov. 1996, London,
5. “Life Insurance: An Islamic Paradigm” in (1996) 1 Business Law Journal at cxvii-cxxvi, Malaysia, 1996.
6. “Life Insurance? An Islamic View” in Arab Law Quarterly, 8:4 at 315-324 ( London) 1993.
7. Takaful (Islamic Insurance), in New Horizon, Journal of Islamic Banking and Insurance, ( London), January 1998, pp. 3-6.
8. “Islamic Insurance: Its Original Sketch and Development Scenario” in Journal of Islamic Banking and Finance, Vol. 14, No. 2, ( Pakistan) 1997, pp. 17-64.
9. “The doctrine of strict liability: A Jurisprudential Analysis”, in (1996) 1 Current Law Journal at xv-xxi, Malaysia, 1996.
10. “The principles of guarantee in commercial transaction”, Part 1 in Malaysian Law News, Dec. 1992, at 14, Malaysia, 1992.
11. “The principle of guarantee in commercial transaction”, Part 2 in Malaysian Law News, Feb. 1993, at 19, Malaysia 1993.
12. “The grounds of dissolution of partnership: The position of Islamic and the laws of some selected countries”, in (1995) 4 Current Law Journal at cxx-cxxxii, Malaysia, 1995.
13. “Strict Liability: A jurisprudential conflict between the common law doctrine and the Islamic legal thought”, in (1995) 2 Current Law Journal, at 1xxi-1xxvii, Malaysia, 1996.
14. “Strict Liability? An Islamic jurisprudential response”, (co-author) in 4 Current Law Journal,Malaysia, 1996.
15. “Can Zakat provide a basis for a modern social security system?” in Essays on Islam, at 260-291, London 1995.
16. “Invitation to Treat Under the Law of Contract: Islamic Religious and Common Law Doctrines”, in Islamic and Comparative Law Review, Vols. XV-XVI, 1995-1996, ( India), pp. 37-51.
17. “Discrimination: A Threat to Islamic World Order”, in The Muslim World League Journal, Vol. 21, April, at 58-59, Saudi Arabia, 1996.
18. “Polygamy: Refuting Some Misconceptions”, in the Muslim World League Journal, Vol. 23, June 1996, at 42-44, Saudi Arabia, 1994.
19. “The Prospect of Islamization of Knowledge”, in The Muslim World League Journal, Vol. 21, March, at 31-32, Saudi Arabia, 1994.
20. “Trial in the Day of Judgement” in Islamic Herald, 16:1 at 40, Malaysia, 1994.
21. “Caveat Emptor vs. Khiyar Al-Aib,” in American Journal of Islamic Social Sciences, Vol. 14, No. 2, 1997, at p. 208 (USA) 1997.
22. “Life insurance: An Islamic Paradigm”, in the International directory of Islamic insurance (Takaful) 2000, Institute of Islamic Banking and Insurance, London1999, at Pp. 71-97.
23. “Insurable Interest: Can the Modern Law be Adopted in Takaful Operations? An Analysis”, in INSAF The Journal of Malaysian Bar, XXIX No.1, 2000 at Pp.95-99.
24. “Quantum of Damages in Takaful: the possibilities of adaptation of the doctrines of al-Diyah and al-Daman. A Reappraisal”, in Journal of Islamic Banking and Finance, IAIB, 2000 Vol. 17, No. 1 at Pp. 25-52.
25. " Principles of contract affecting Takaful and insurance-Compared", in Journal of Islamic Banking & Finance, IAIB, Vol.17, July-Sept.2000, No.3 at Pp 7-43.
26. “Life Insurance: A Shari’ah Frameworks”, in Insurance Journal, Vol. 51 July 2000 (BIA) at Pp. 35-54.
27. “The Doctrine of Ba’y al- ‘Arabun (Earnest Money)”, (Ed. by Asma Siddiqi) in Anthology of Islamic Banking, Institute of Islamic Banking & Insurance, London, 2000 at Pp. 384-387.
28. “Life Insurance: The Islamic Model”, (Ed. by Asma Siddiqi) in Anthology of Islamic Banking, Institute of Islamic Banking & Insurance, London, 2000 at Pp. 457-462.
29. “Takaful (Islamic Insurance) : Conceptual frame Works & Operational Mechanisms” (trnas. by Hassan Shariff) , in Orthonity Gobheshona, Dhaka, August-2001 at Pp. 41-59.
30. “Regulatory Frameworks of Islamic Life Insurance in The Global Economic Reality”, in Journal of Islamic Banking and Financ e, IAIB, 2002 Vol. 19, No. 1 at Pp. 38-64.
31. “Takaful (Islamic Insurance) : An Economic Paradigm”, in International Summit on Takaful Dhaka 2002, Pp. 23-30
32. “Life Insurance? Islamic vs. Modern- Compared”, in International Summit on Takaful Dhaka 2002, Pp. 23-30
33. “Shari’ah Requirements of the Parties to Takaful ( Islamic insurance ) Scheme” in Journal of Islamic Banking and Finance, IAIB, 2002 Vol. 19, No. 2 at Pp. 39-52.
34. “Takaful (Islamic Insurance) Premium: A Suggested Regulatory Framework”, in Journal of Islamic Banking and Finance, IAIB, 2002 Vol. 19, No. 3 at Pp. 52--64.
35. “Possible Political & Regulatory Frameworks of Introducing Islamic Dinar” in the Proceedings of the 2002 International Conference on Stable & Just Global Monetary System- Viability of Islamic Dinar, held at the Putra World Trade Centre, Kuala Lumpur on August 19-20, 2002.
36. “ Rights of Beneficiaries in Family Takaful (Islamic Life Insurance) in the Global Context”, in Journal of Islamic Banking and Financ e, IAIB, 2002 Vol. 19, No. 4 at Pp. 27—32
37. “Conceptual Frameworks & Governing Principles of Takaful (Islamic Insurance) in the Contemporary Economic Reality”, in Insurance Journal, Vol. 53, July 2002 at Pp. 67-104.
38. “Conceptual Frameworks of Islamic Life Insurance in Reality,” (trans.) in Jatya Seminar Sharanica, Prime Islamic Life Insurance Co. Ltd. 2002 at Pp. 26-36
39. “Beneficial Rights of an Illegitimate Child in Islamic Life Insurance Policy- An Analysis”, in Journal of Islamic Banking and Finance, IAIB, 2003 Vol. 20, No. 1 at Pp. 51-54.
40. “Regulatory Frameworks For the Implementation of an Islamic Common Market: A Global Reality” in ISEFID Review, Jakarta, Indonesia, Vol. 2 No. 1, 2003 at Pp. 7-23.
41. “Regulatory Framework Of Family Takaful In The Contemporary Economic Reality”, in International Journal of Islamic Financial Services, Volume 3, Number 3 ,2004 at P.1

    Re-published article(s) with possible updates:

42. “A model of life insurance in the contemporary Islamic economy”, 3 Current Law Journal at cxi-cxxiii, Malaysia, 1996.
43. “ A response to the recent Fatwa of Shaikh al-Azhar against the validity of life insurance,” in INSAF a Journal of Malaysia Bar Council, Vol. xxv, No. 3, July – 1996 at p. 40, Malaysia, 1996.
44. “Islamic Insurance: Its Origins and Development”, in ALQ, London, 1998, [386-422].
45. “The Prospect of Life Insurance Today”, in Al-Nahdah, 13: 1-2 at 13-17, Malaysia, 1993.
46. “Caveat Emptor? A Jurisprudential conflict between the common law doctrine and the Islamic doctrine of khiyarul aib” in (1995) 4 Business Law Journal at ixxv-xciv, Malaysia, 1995.
47. “Is an invitation to treat an offer? A jurisprudential conflict between the Islamic law of contract and the common law doctrine”, in (1994) 4 Current Law Journal at Iiii, Malaysia, 1994.
48. “The Modern Social Security System vs. The Institution of Zakat: An Appraisal” in (1996) 1 Business Law Journal at xxix-1viii, Malaysia, 1996.
49. “Caveat Emptor versus Khiyar al-‘Aib - A Dichotomy”, in ALQ, London, (1998) pp. 278-299.
50. The Grounds of Dissolution of Partnership (the position of Islamic Law and the law of some selected countries), in Hamdard Islamicus ( Pakistan) Vol. XXI, No. 2, 1998, pp. 83-91.
51. “Discrimination: A Threat to Islamic World Order”, in al-Nahdah, 15-1-2, 1995 at 19-20, Malaysia, 1995.
52. “Polygamy: A Solution to Its Misconception”, in Islamic Herald, 16:2, at 34, Malaysia, 1955.
53. “Discrimination: A Threat to Islamic World Order”, in What’s on Info, SRC IIUM, 5:92, Malaysia, 1992.
54. “The Prospects of Islamization of Knowledge”, in Usrah 4th Year, IIUM at 19-21, Malaysia, 1995/96.
55. " Insurable interest: Can the modern law be adopted in Takaful operations? ", in Arab Law Quarterly, ( London) , Part 3 ,2000, at Pp. 206-09.
56. “Quantum of Damages in Takaful: the possibilities of adaptation of the doctrines of al-Diyah and al-Daman. A Reappraisal”, in (1999) Arab Law Quarterly,( London), Vol. 14:4, at 339
57. “The Model of Life Insurance in the Contemporary Islamic Economy” in (1997) Arab Law Quarterly, ( London), Vol. 12, No. 3, at 287-306.
58. " Insurable interest: Can the modern law be adopted in Takaful operations? An Analysis", in Journal of Islamic Banking & Finance, IAIB, Vol.17, April-June,2000, No.2, at Pp 60-63.

    Approved for Publication (Articles):

59. "Quantum of Damages in Islamic Insurance (Takaful): An Islamic Approach in Global Context" in Contemporary Economic Policy (CEP),California State University, 2000
60. “Strict Liability: A Jurisprudential Conflict Between the Common Law Doctrine and Islamic Legal Thought”, (approved publication) in Legal and Criminological Psychology, London, 1995.
61. “Possible Contracts Involved in Takaful Practices”[Approved] in Journal of Islamic Banking & Finance, ( Pakistan), 1999.
62. “Principles of Contract Affecting Insurance and Takaful - Compared,” Part 1, [Approved] in Arab Law Quarterly, ( London), 1999.
63. “Insurance: Its Original Sketch and Development, Part 1, [approved] in Current Law Journal, Malaysia, 1996.
64. “Insurance: Its Original Sketch and Development, Part 2, [approved] in Current Law Journal, Malaysia, 1996.
65. “Insurance: Its Original Sketch and Development, Part 3, [approved] in Current Law Journal, Malaysia, 1996.
66. “Insurance: Its Original Sketch and Development, Part 4, [approved] in Current Law Journal, Malaysia, 1996.
67. “Principles of Contract Affecting Insurance and Takaful - Compared,” Part 2, [Approved] in Arab Law Quarterly, ( London), 1999.

    Sent for Publication (Articles):

68. "Nominate Contracts Involved in the Contemporary Takaful Practices: A Hypothetical Discovery", Arab Law Quarterly, London, 2000
69. "Beneficiaries in Islamic Life Insurance (Family Takaful) in the Global Context", Arab Law Quarterly, London, 2000
70. "Al-Ta’min ‘ala al-hayat al-tabrir fi al-fiqh al-Islami” [sent] to al-Iqtisad wa al-a’maal, Saudi Arabia
71. "The Islamic United Nations: A Proposed Idea for Its Establishment [sent] to Islamic Herald, Malaysia.
72. “Language: Refuting Some Misconceptions”, [sent] to the Muslim World League Journal, Saudi Arabia.
73. “Democracy: A Constitutional Right. The Western Scenario and the Islamic Concept: A Dichotomy”, [sent], to Current Law Journal, Malaysia.

Designation of Courses

(Post-graduate & Undergraduate Levels)

1. Seminar on Islamic Finance & Takaful ( M.Sc. Finance);
2. Islamic Banking and Financial Policies & Regulations( M.Sc. Finance); (in Progress);
3. International Islamic Trade Finance (IITF) (in Progress);
4. Principles & Practices of Takaful and Re-Takaful;
5. Regulatory Framework for Islamic Financial Contracts (Master of Finance);
6. Malaysian Business Law (MBL);
7. Commercial Transactions in Islamic Law (CTIIL) I;
8. Malaysian Law on Banking and Securities (Conventional vs. Shari'ah)
9. Malaysian Legal Environment of Business (MBA program);
10. Malaysian Law of Taxation;
11. Company Law (for ENM)
12. Cyber Law & Islamic Ethics [ CIE ]
13. Financial Securities Law 1.
14. Commercial Law (for ENM)
15. Market Regulations (for Continuing Professional Education @ CPE )
16. Regulatory Frame Works of Comparative Financial Planning ( RCFP).

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