The book presents how Bay’ Salam, a kind of sale
exceptionally allowed in Islamic law, can be used by the
Islamic financial institutions as a mode of finance to meet the
credit needs of farmers and the agriculture sector. The book
presents a Salam Model, indicating how Bay’ Salam should
be managed in order to make it acceptable for stakeholders,
and beneficial for the farmers, the agriculture sector and the
the economy of Pakistan, In addition, the book also covers
various other important areas, such as; the potential and
challenges of Pakistan’s agriculture sector, Bay’ Salamin the
the contemporary world, the scope of Salam in Pakistan, Salam
financing issues and challenges.
Dr. Naeem Ahmed obtained his Ph.D. degree in Islamic
Banking and Finance from IIU, Islamabad. Earlier he did his
Masters in Development Studies from ISS, The Netherlands.
His major research areas are: Bay’ Salam, Islamic Capital
Markets, Agriculture Sector, Gharar, and Magasid al-Shariah,
Takaful, Pak-China FTA, and CPEC, Taxation, Industries of
Pakistan, HIPC Initiative and Debt Problems. He has also
worked on Property Taxation, Microsimulation Model, and
Tax-Gap Analysis at Georgia State University. He has been
a team member for various studies conducted by the World
Bank and Georgia State University.