Product Development in Islamic Banks

By Habib Ahmed | Go to book overview

ACKNOWLEDGEMENTS

I have benefited from suggestions, input and support of many individuals at different stages of writing this book. The idea to write a book on product development came to me while I was working at the National Commercial Bank (NCB) in Jeddah, Saudi Arabia. During my brief one year experience at NCB, I was a part of the Islamic Banking Development Group that was created to help the bank to Islamise its products. During this short stint, I had opportunity to work and interact with professionals from various backgrounds. They provided useful insights on critical issues related to developing Islamic banking products. I would like to particularly thank the following in the Group who contributed profoundly to my understanding of the complex process of product development: Abdulrazak Elkhraijy, Mousa Adam Eisa, Khalid Ibrahim, Jamaluddeen Ismael, Ejaz Toor, Mohammed Malki, Adnan A. Basaleeb and Nabil Al Husseini. I am also thankful to Rodney Wilson of Durham University for his encouragement to undertake and complete the project.

I have also benefited from discussions with many senior product development professionals and managers of different Islamic banks in Malaysia and the United Arab Emirates. I thank the following individuals who shared their varied experience and patiently discussed various issues related to the product development processes with me:

-vi-

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