Shaykh Zayed Islamic Centre University of Peshawar
Home Academic Programs Faculty Journal Library Gallery Examination Seminars Contact Resource
Dr. Muhammad Farooq Associate Professor of Economics
(HEC Approved Supervisor)


  • Ph.D (Economics) University Sains Malaysia (USM), Malaysia
  • MA (Economics) University of Peshawar, Pakistan
  • MA (Political Science) University of Peshawar, Pakistan
  • B.Ed (Education) University of Peshawar, Pakistan
  • BA (Economics) University of Peshawar, Pakistan
  • PGD in Islamic Banking & Takaful Uiversity of Peshawar, Pakistan



  • Remained Administrative Officer of Shaykh Zayed Islamic Centre, University of Peshawar from 21/12/1996 to 17/08/1997 as an additional responsibility.
  • Resident Warden of the hostel for than four years, i.e. from 1995 to 1999 and Senior Warden from Feb, 2010 till date.
  • In-charge Examinations of the Centre since 29/05/2014.
  • Working as Acting Director of the Centre whenever the Director is on leave (e.g. Remained Director (Acting) for 40 days (14/09/ 2015-28/10/2015) when the Director was on Hajj Leave)
  • Program Coordinator and Course designer of the Post Graduate Diploma (PGD) on Islamic Banking and Takaful since July 2010.

Research Papers

  1. Monetary Policy: Rules or Discretion. Journal of Humanities and Social Sciences, University of Peshawar, 2003, Vol XI (1 and 2) pp. 199-204.
  2. The Muslim Ummah and Science: Past, Present and Future. Research Journal, Shaykh Zayed Islamic Centre University of Peshawar, Sep, 2005, Vol 1 (6), pp. 79-107.
  3. Gender Earnings Inequality and Discrimination in Pakistani Labor Market. The Dialogue, 2009, Vol 4 (3), pp. 373-385.
  4. The Human and non-human Capital Determinants of Earnings of the Pakistani Labor Force. The Dialogue 2010, Vol. 5 (1), pp. 1-14.
  5. Education and Income Inequality in Pakistan. The Dialogue 2010, Vol. 5 (3). pp. 228-240.
  6. Analysis of the Performance of Islamic and Conventional Banks in Pakistan. The Journal of Managerial Sciences 2011, Vol. 5 (1), pp. 53-62.
  7. The Returns to Education for Male and Female Workers in Pakistan: A New Look at the Evidence. The Dialogue 2010, Vol. VI (2), pp. 125-145
  8. House Financing of Islamic Banks under Diminishing Musharakah: An Analysis of Islamic Banks’ Related Provisions. Al-Idah, 2011, Issue No. 23, pp. 1-12.
  9. Interest, Usury and its Impact on the Economy. The Dialogue 2012, Vol. VII (3), pp. 265-276.
  10. Profitability of Meezan Bank based on Balance Sheet and Operational Items. The Journal of Managerial Sciences 2012, Vol. VI (2), pp. 167-175.
  11. Optimization of Consumption in Divine Context: (Basic Principles and Extension). Al-Idah, 2012, Issue No. 24, pp. 33-49.
  12. A Shariah Perspective of Minimum Accounts Balance Requirement in Islamic Banking. Al-Idah, 2012, Issue No. 25, pp. 72-86.
  13. Musharakah Financing: Experience of Pakistani Banks. World Applied Sciences Journal, 2013, Vol. 21 (2), pp. 181-189.
  14. Recent Global Financial Crisis, Islamic Stock Markets Integration: A Case Study of Selected Asian Countries. Science International, 2013, Vol. 25 (3), pp. 645-649.
  15. Forecasts of Future Profitability based on Disaggregated Earnings: A Comparative Analysis of Islamic and Conventional Banks. Journal of Managerial Sciences, 2013, Vol. 7 (2), pp. 255-272.
  16. Zakat on Non-Agricultural Land Plots: Public Awareness and Fiscal Reforms. Al-Idah, Issue No. 27, Dec 2013, pp. 15-24.
  17. Impact of Terrorism on FDI and Key Indicators of Development in Pakistan. City University Research Journal, 2014, Vol. 4 (1), pp. 53-68.
  18. The Social and Financial Performance of Conventional and Islamic Microfinance Institutions in Pakistan. Al-Idah, Issue No. 28, June 2014, pp. 16-34.
  19. The House Building Finance Corporation Limited Pakistan: A Shariah Appraisal of Ghar Aasan Flexi Scheme. Al-Idah, Issue No. 29, Dec, 2014, pp. 117-129.
  20. Murabaha Financing in Pakistan: A Practical Islamic Banking Aspect. Al-Idah, Issue No. 31, Dec, 2015, pp. 188-193.
  21. A Proposed Islamic Microfinance Impact Assessment Methodology. Al-Idah, Issue No. 32, June 2016, pp. 64-75.


  1. One year (2001-2002) special training in education for the university teachers at the Staff Training Institute (STI) University of Peshawar, Pakistan.
  2. Two days (11/12/2007 and 12/12/2007) special workshop on “Islamic Banking and Takaful” at Pearl Continental Hotel Peshawar Pakistan organized by Al-Huda Centre of Islamic Banking and Islamic Finance, Lahore, Pakistan.
  3. Two days (19 and 20th June 2006) special workshop on “Higher Education Commission’s Self-Assessment Model of University Programs” organized by the Quality Enhancement Cell University of Peshawar at Bara Gali Summer Campus Abbottabad.
  4. Three days (12th – 14th June 2006) workshop on ‘Education System in Pakistan and 21st Century” organized by Frontier Education Foundation (FEF) at the Pearl Continental Hotel Peshawar, Pakistan.
  5. Three days (March 15-17th, 2012) workshop on “Peace and Conflict Resolution in the 21st Century” organized by Staff Training Institute and Peshawar University Teachers Association (PUTA) University of Peshawar.
  6. A lecture delivered on the topic “Fundamental Rights in the Constitution of Pakistan” to Superintendents (BPS-16), Private Secretaries (BPS-16) and newly promoted Section Officers of NWFP Secretariat on 15/12/2007 at the Benevolent Fund Building, Peshawar Cantt.
  7. A Seminar delivered on the topic “Economic Problems and its Solution” on 25/01/2008 in the Auditorium of Shaykh Zayed Islamic Centre University of Peshawar.
  8. Attended a three days (25th-27th, Feb 2013) Advocacy Seminar on HIV organized by Association of People Living with HIV and AIDS in collaboration with Fatimah Memorial Hospital at Margala Hotel Islamabad.
  9. One day (12 Dec 2014) workshop on “Supervision and Control of IFIs and Regulatory Role of State Bank of Pakistan (SBP) in Islamic Banking” organized for the students of IIUI and delivered a lecture on the same topic at Shaykh Zayed Islamic Centre, University of Peshawar.
  10. Attended as a participant a three days (Sep 11-13, 2015) Training Course on ‘International Humanitarian Law’ organized by the International Committee of the Red Cross (ICRC) at Henry Dunant Room, Islamia College Peshawar, Pakistan.
  11. Attended one day Seminar on Islamic Banking as a Resource Person on 29th Oct, 2015, organized by Qauid-i-Azam College of Commerce (QACC), University of Peshawar.
  12. A Lecture delivered on the topic “Challenges and Opportunities for Islamic Banking in Pakistan” on 14/04/2016 at ANSI Institute of Management and Sciences Mardan.
  13. Actively participated in a discussion organized by Peshawar University Teachers Association (PUTA) on a book entitled “Aboard the Democracy Train: Pakistan tracks the threat within” written by Nafisa Hoodbhoy at PUTA Hall on 19th July, 2016.

International Conferences

  1. A research paper presented at “Education and Development Conference 2009” (March 5th to 7th) organized by ‘Tomorrow People Organization’ (TPO) at Bangkok, Thailand. Title of the paper was “The Impact of Education on Earnings of the Labor Force: New evidence from Pakistan”.
  2. A research paper entitled “Global Financial Crisis, Islamic Stock Markets Integration: A Case Study of Selected Asian Countries” presented at the 1st Asian Business Research Conference held on 8-9th September 2012, Islamia College University Peshawar, Pakistan.
  3. A paper entitled “Impact of Terrorism on the Economy of KhyberPakhtunkhwa Province” presented at a Conference “KhybrPakhtunkhwa: History and Culture” (Nov 28-30, 2012), organized by National Institute of Historical and Cultural Research, Quaid-i-Azam University Islamabad and Pakistan Study Centre University of Peshawar.
  4. A paper entitled “The Economic and Financial Impact of HIV/AIDS” presented at a conference jointly organized by Shaykh Zayed Islamic Centre, University of Peshawar, Directorate of Health Services FATA, UNICEF, and UNAIDS, on Dec 1st, 2012 at Shaykh Zayed Centre, University of Peshawar, KP, Pakistan.

Books Authored

  1. Education, Earnings and the Labor Force, (2011), VDM Verlag Dr. Muller GmbH & Co. K Germany.

News Papers Articles

  1. From Poverty to Dignity: A Holistic Approach, The daily Frontier Post, Peshawar, Pakistan, 12/08/2004 and 13/08/2004 (two episodes).
  2. Islamic Banking, the daily Aaj, Peshawar, Pakistan, Dec 5th, 2011


  1. Education Economics/Labor Economics, Islamic Economics, Islamic Banking, Islamic Finance, Microeconomics.

Countries Visited

  1. Malaysia.
  2. Thailand.
  3. Kingdom of Saudi Arabia.


  1. English, Urdu, Pashto, Arabic, Bahasa Melayu (reading and understanding)


  1. Member of World Economics Association (WEA)
  2. Member of Chinese Economists Society (CES)
  3. Member of Pakistan Society of Professional Economists (PSPE)
  4. Member of Islamic Society for Institutional Economics

University of Peshawar SZIC Karachi SZIC Lahore

© 2013. Shaykh Zayed Islamic Center - University of Peshawar. Last Modified: March/05/2016