Centre for Islamic Finance

Welcome to the Centre for Islamic Finance

Welcome to the Centre for Islamic Finance

Welcome from The Baroness Morris of Bolton OBE DL, Chairman of the Centre for Islamic Finance. The Centre was launched in 2012 when I was Chancellor of the University and with the commitment and support of the Vice-Chancellor, Professor George Holmes, and the governors, together with the drive of our Director, Professor Mohammed Abdel-Haq, I have watched it grow from strength to strength in attracting students and partnerships from around the world. I hope you enjoy looking around our website and if you do decide to study with us, or want to come and visit, you can be assured of a warm welcome.


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With one of the largest percentages of Muslim students in the UK, the university embraces diversity and values difference.

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PhD & MPhil Islamic Finance Courses

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MBA Islamic Finance Executive (Full-Time)

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MBA Islamic Finance Executive (Part-Time)

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MA Management Islamic Banking Sarajevo

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Professor Mohammed Kayed Abdel-Haq, a British Jordanian of Palestinian origin, is the Centre's Director. With a wealth of practical and professional experience, he is highly regarded in the banking industry and was invited by the Government to serve on their Islamic Finance Task Force.

This helped position Britain as the western hub of Islamic Finance and led to the issue of the first Government Sukuk and a commitment to Shari'a compliant student loans. Professor Abdel-Haq's belief in inclusivity and breaking down barriers to understanding between all civilisations and faiths is a guiding principle of the Centre and informs our work with professionals, academics and the wider community in seeking to promote dialogue and universal values.

The Centre is supported in this by its board of directors and by the International Advisory Board, drawn from prominent scholars and professionals.

Our People

  • Patron
  • Board of Directors
  • Lecturers

Patron

George Philip Nicholas Windsor

The Earl of St Andrews (George Philip Nicholas Windsor) was born in 1962. He was educated at Eton College (Kings Scholar) and Downing College, Cambridge University, where he read history. After a period in HM Diplomatic Service during which he served in New York (at the UK Mission to the UN) and Budapest, he worked for a number of years in the antiquarian book business, including at Christies UK. Recently he has been chairman of an Internet-based world history project, the Golden Web (2006-2012). He is patron, chairman or trustee of a number of organisations, including the Great Britain Sasakawa Foundation (trustee since 1996, chairman since 2005), SOS Children's Villages UK (trustee since 1999), the Association for International Cancer Research (patron since 1995), the Princess Margarita of Romania Foundation (patron since 1997), the Welsh Sinfonia (patron since 2011), the Next Century Foundation (member, advisory board, since 2012), the Mongolia and Inner Asia Studies Unit, University of Cambridge (patron since 2012), and the Global eHealth Foundation (trustee since 2013).

Board of Directors

Professor George E Holmes DL

Professor George E Holmes DL is the President & Vice-Chancellor; Member of the Governing Body at the University of Bolton. He also serves as a Member of the Resources Committee and the Nominations Committee. When appointed to the post of Vice-Chancellor and Chief Executive of the university in 2005, George became the youngest university head in the UK. He has been at the university now for over 12 years. He holds a Doctorate in the field of Education, a Masters in Business Administration and a BSc in Economics. Professor Holmes is also a Fellow of the Institute of Directors. He previously edited two International Journals for almost ten years, specialising in Quality Assurance in Education. In 2002 he was appointed by the then Secretary of State for Education and Skills as an advisor to the Department, becoming, along with Sir Ron Cooke, one of only two Sector representatives for the Department’s HE Policy Delivery Steering Group, which was assisting in the preparation of the HE White Paper. George was, for six years until 2014, on the Board of the Octagon Theatre, Bolton, and was formerly a Board member of the Bolton Lads and Girls Club. He was previously a Governor of Bolton School, the ESSA Academy Trust and Bury College. He is a founding Trustee of the Bolton University Technical College, and a Governor at Bolton College. Prior to joining the university, Dr Holmes was Principal of Doncaster College where he also established the Doncaster Education City Project, of which he became Chief Executive. In this post, he secured the largest capital grant in the history of the FE sector at the time and had responsibility for building a new £75m College on the Waterfront. At Doncaster, he was a Governor of both the College and Hayfield School. George was previously Deputy Vice-Chancellor at the University of North London (now the London Metropolitan University). In 1996 he played a central role, within the Vice Chancellor’s Office, in the founding of the Lincoln University Campus, opened by HM The Queen. Latterly in 2015, Professor Holmes was appointed by Her Majesty’s Lord Lieutenant of the County of Greater Manchester as one of his Deputy Lieutenants. George has recently joined the Board of Regents College.

Professor Mohammed Abdel-Haq

The Centre for Islamic Finance is the inspiration of its founder and Director, Professor Mohammed Abdel-Haq. As well as his academic knowledge, Mohammed has a wealth of practical experience. In a long career in Islamic finance, he is the founding member of a London Merchant Bank and was, until recently, Chairman of one of the leading UK compliance companies. Prior to that Mohammed was Managing Director and Global Head of HSBC Amanah Private Banking. Mohammed is active in public life and holds a number of positions, amongst them, he is a member of the Council of Chatham House and a member of the Advisory Board of the Centre for Social Justice. He is the author of a book on Islamic finance and is a regular speaker at conferences.

Baroness Morris of Bolton

It is with great pleasure that The Centre for Islamic Finance announces that Baroness Morris of Bolton, former Chancellor of The University of Bolton, has been appointed its new Chairman. The founder of the Centre and its current Chairman and Director, Professor Mohammed Abdel-Haq, said: 'I am delighted that Baroness Morris had accepted my invitation to become Chairman of the Centre for Islamic Finance. Baroness Morris was instrumental in the Centre coming to the University of Bolton and has always taken a keen interest in all that we are doing. The Centre has grown much faster than we first envisaged and Baroness Morris will be a great asset as we progress to the next stage of development, given her interest and knowledge of the Muslim world'. Baroness Morris who is the Prime Minister's Trade Envoy to Kuwait, Jordan and the Palestinian Territories and Chairman of the Conservative Middle East Council said of her appointment: 'This is a great honour. I have been enormously impressed with what the Centre has achieved in less than two years. With research students from many different parts of the world and our new joint MA with the University of Sarajevo, it adds to the richness and diversity of the University and helps to put Bolton and the Centre on the wider world map. It is also playing a significant role in a better understanding of Islamic Finance and Islamic culture. I am most grateful to Professor Mohammed Abdel-Haq and the directors of the Centre for giving me this opportunity to be part of their team in such an important and exciting venture'.

Lord Lamont of Lerwick

Norman Lamont was a Cabinet Minister under Margaret Thatcher and John Major, and a member of the House of Commons for twenty-five years. He was Chancellor of the Exchequer at a particularly difficult time that included Britain’s exit from the ERM. The problems he faced were similar to those facing Britain today. He introduced tough measures to reduce Government borrowing and the deficit which led Sir Alan Walters, Economic Advisor to Lady Thatcher, to describe Norman Lamont "to be not only the most effective but also the bravest Chancellor since the War". Many economists have attributed the economic stability and growth enjoyed by Britain in the ‘90s and thereafter to the tough policies introduced by him. When he was Chancellor, Norman Lamont’s political advisor was David Cameron and his Parliamentary Private Secretary, William Hague. In 2008, David Cameron asked Norman Lamont with other former Chancellors to be part of a team to advise on Britain’s financial problems. Norman Lamont was Britain’s Chief Negotiator at the Maastricht Treaty and secured Britain’s non-participation in the euro, of which he remains a strong opponent and critic. As well as being a working Peer, he is a director of a number of financial companies.

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