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Scholarly Interest Report
         
Mahmoud A. El-Gamal
Professor
Professor of Islamic Economics, Finance and Management and Professor of Economics and Statistics
 
e-mail:elgamal@rice.edu
 
  • B.A. (1983) The American University, Cairo, Egypt
  • M.A. (1985) The American University, Cairo, Egypt
  • M.S. (1985) Stanford University
  • Ph.D. (1988) Northwestern University
 
Primary Department
   Department of Economics
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Department Affiliations
 
  • Department of Statistics
  •  
    Websites
     Homepage
     Mahmoud El-Gamal
     
    Research Areas
     International Economics and Finance; Middle East Economic Development; Islamic Law, Economics, and Finance
     
    Teaching Areas
     Computational Economics, Risk Management in Energy, Religion and Economics, Econometrics
     
    Selected Publications
     Refereed articles
     

    Mahmoud El-Gamal "Pro-Capitalist Trends in Muslim Views: A Change-in-Change Analysis." Submitted


    https://www.dropbox.com/s/rutmgd3eskwiczr/moralrel.pdf?dl=0
     
     

    Mahmoud El-Gamal "Winter Is Coming: Controlled Conflicts and The Oil-Price Geopolitical-Risk Premium." Submitted


    http://www.bakerinstitute.org/media/files/files/5587e74b/CES-pub-WinterComing-112116.pdf
     
     

    Mahmoud El-Gamal, Mohamed El-Komi, Dean Karlan, and Adam Osman "Bank-Insured RoSCA for Microfinance: Experimental Evidence in Poor Egyptian Villages." Journal of Economic Behavior and Organization, 103 (July 2014)

     
     
    “Nonstationarity and Stochastic Stability of Relative Income Clubs” (with Deockhyun Ryu), Review of Income and Wealth 59(4), 2013, pp. 756-775. 
     
     Articles
     

    Mahmoud El-Gamal "Discordant Egyptian and Saudi Visions 2030 and The Forgotten Quest for MENA Economic Integration." Baker Institute for Public Policy, Center for Middle East (2016)


    http://www.bakerinstitute.org/media/files/files/b8dde1c6/CME-pub-Visions-091216.pdf
     
     

    Eckel, Catherine, Mahmoud El-Gamal, and Rick Wilson. “Risk Loving after the Storm: A Bayesian-Network Study of Hurricane-Katrina Evacuees,” Journal of Economic Behavior and Organization 69(2), 2009, pp. 110-124.

     
     

     

    El-Gamal, Mahmoud. “A Muslim’s Perspective on the Financial Crisis,” The American Economist 53(1), 2009

     

     
     

    El-Gamal, Mahmoud "Contemporary Islamic Law and Finance: The Trade Off Between Brand Name Distinctiveness and Convergence." Berkeley Journal of Middle Eatern and Islamic Law, 1(1) (2008)

     
     

    El-Gamal, Mahmoud "Incoherence of Contract Based Islamic Financial Jurisprudence in the Age of Financial Engineering." Wisconsin International Law Journal, 25(4) (2008)

     
     

    El-Gamal, Mahmoud "Incoherence of Contract-Based Islamic Financial Jurisprudence in the Age of Financial Engineering." Wisconsin International Law JournalIn Press

     
     

    El-Gamal, Mahmoud "Incoherent Pietism and Shari'a Arbitrage." Financial Times (2007)

     
     

    El-Gamal, Mahmoud "Mutuality as an Antidote to Rent-Seeking Shari'a Arbitrage in Islamic Finance." Thunderbird International Business Review, 49(2) (2007) : 187-202.

     
     

    El-Gamal, Mahmoud with Catherine Eckel and Rick Wilson "Risk Loving after the Storm: A Bayesian-Network Study of Hurricane-Katrina Evacuees." Journal of Economic Behavior and OrganizationIn Press

     
     

    El-Gamal, Mahmoud with H. Inanoglu and M. Stengel "Multivariate Estimation for Operational Risk with Judicious Use of Extreme Value Theory." Journal of Operational Risk, 2(1) (2007) : 21-54.

     
     

    El-Gamal, Mahmoud "A Simple Figh-and-Economics Rationale for Mutualization in Islamic Financial Intermediation." Submitted

     
     

    El-Gamal, Mahmoud "Mutuality as An Antidote to Rent-Seeking Shari`a Arbitrage in Islamic Finance." Thunderbird International Business ReviewIn Press

     
     

    El-Gamal, Mahmoud "Overview of Islamic Finance." U. S. Department of Treasury, Office of International Affaris, Occasional Paper Series #4

     
     

    El-Gamal, Mahmoud with D. Ryu "Short Memory and the PPP Hypothesis." Journal of Economic Dynamics and Control, 30(3): 361-91.

     
     

    El-Gamal, Mahmoud with M. H. Inanoglu and M. Stengel "Multivariate for Operational Risk With Jusicious Use of Extreme Value Theory." Submitted

     
     

    El-Gamal, Mahmoud "Mutualization as an Anti-Dote to Rent-Seeking Shari a-Arbitrage in Islamic Finance." Thunderbird International Business ReviewIn Press

     
     

    El-Gamal, Mahmoud with D. Ryu "Short-Memory and the PPP-Hypothesis." Journal of Economic Dynamics and ControlIn Press

     
     

    El-Gamal, Mahmoud with H. Inanoglu "Inefficiency and Heterogeneity in Turkish Banking: 1990-2000." Journal of Applied Econometrics, 20 (2005) : 641-664.

     
     

    El-Gamal, Mahmoud, with D. Ryu "Stochastic Stability of Relative Income Clubs: A Dynamic Analysis of Cross-Country Income Distributions."  (October 2005) In Revision

     
     

    El-Gamal, Mahmoud "Interest and the Paradox of Comtemporary Islamic Law and Finance." Fordham International Law Review (2004) : 108-149.

     
     

    El-Gamal, Mahmoud with Inanoglu, Hulusi "Inefficency and Heterogeneity in Turkish Banking:1990-2000." Journal of Applied Econometrics (2004) In Press

     
     

    El-Gamal, Mahmoud with Ryu, Deockhyun "Short Memory and the PPP-Hypothesis." Journal of Economic Dynamics and Control (2004) Submitted

     
     

    El-Gamal, Mahmoud, with Ryu, Deockhyun "Stochastic Stability and Cross-Country Income Distribution Dynamics." Journal of Econometrics (2004) Submitted

     
     

    El-Gamal, Mahmoud "Interest and the Paradox of Contemporary Islamic Law and Finance." Fordham International Law Review (2003)

     
     

    El-Gamal, Mahmoud with Inanoglu, Hulusi "Efficiencies and Unkown Heterogeneity in Turkish Banking: 1990-2000." Journal of Applied Econometrics (2003) In Revision

     
     Books
     

    Oil, Dollars, Debt, and Crises: The Global Curse of Black Gold (with Amy M. Jaffe), NY: Cambridge University Press, 2010 (ISBN-13: 9780521720700).

     
     

    El-Gamal, Mahmoud "Islamic Finance: Law, Economics and Practice." NY:Cambridge University Press

     
     

    El-Gamal, Mahmoud "Financial Transactions in Islamic Jurispridence II."  (2003)

     
     

    El-Gamal, Mahmoud "Financial Transactions in Islamic Jurisprudence I."  (2003)

     
     Book chapters
     

    Mahmoud El-Gamal "Bread (Rawls) + Freedom (Sen) = Social Justice? Religion and Economics in the Egyptian Spring." TBD (Festschriften for Roger Owen)In Progress

     
     

    Mahmoud El-Gamal "Mutuality, Reciprocity, and Justice within the Context of a Unified Theory of Riba and Gharar." Takaful and Islamic Cooperative Finance (2016) : 48-61.

     
     

    Mahmoud El-Gamal "Nothing New Under the Sun: Tawarruq, Murabaha, and Contemporary Islamic Finance." Contemporary Perspectives on TawarruqIn Progress

     
     

    El-Gamal, Mahmoud "Introduction to Islamic Finance in Frank J. Fabozzi (ed.) Handbook of Finance Volume I, NY:Wiley."  (2008)

     
     

    El-Gamal, Mahmoud "Islamic Finance in Larry Blume and Steven Durlauf (eds.) New Palgrave Dictionary of Economics."  (2008) In Press

     
     

    El-Gamal, Mahmoud "A Simple Figh-and Economics Rationale for Mutualization in Islamic Financial Intermediation." in Nazim Ali (ed) Integrating Islamic Finance into the Mainstream: Regulation, Standardization, and TransparencyIn Press

     
     

    El-Gamal, Mahmoud "Introduction to Islamic Finance." in Frank Fabozzi (ed) Handbook Series in FinanceIn Press

     
     

    El-Gamal, Mahmoud "Islamic Securitization Advances and Peculiarities." in J.J. de Vries Robbe and P. Ali (eds.) Innovations in Securitization Yearbook 2007, NY:Klluweer (2007) : 213-227.

     
     

    El-Gamal, Mahmoud "Mutualization of Islamic Banks." in M. Kabor Hassan and Mervyn Lewis (eds.) Handbook of Islamic Banking, Edward Elgar (2007) : 310-324.

     
     

    El-Gamal, Mahmoud "An Attempt to Understand the Economic Wisdom (Hikmah) in the Prohibition of Riba." in A. Thomas (ed.), Interest in Islamic Economics: Understanding Riba (chapter 7) NY: Routledge (2005)

     
     

    El-Gamal, Mahmoud "Islamic Bank Corporate Governance and Regulation: A Call for Mutalization." in Hassan, M. K. and M. K. Lew, Handbook of Islamic Banking, Cheltenham (UK), Edward ElgarIn Press

     
     

    El-Gamal, Mahmoud "Limits and Dangers of Shari a-Arbitrage." in N. Ali (ed.), Islamic Finance: Current Legal and Regulatory Issues, Cambridge, MA: Islamic Finance Project, Islamic Legal Studies Program, Harvard University (2005) : 127-131.

     
     

    El-Gamal, Mahmoud "Islamic Banking in Turkey:Boone or Bane for the Turkish Economy." Cambridge: Center for Middle Estern Studies, Harvard University (2003)

     
     Refereed conference papers
     

    El-Gamal, Mahmoud with Inanoglu, Hulusi "Islamic Banking in Turkey:Boon or Bane for the Financial Sector." Proceedings of the Fifth Harvard University Forum on Islamic Finance (2004) : 7-20.

     
     

    El-Gamal, Mahound "Limits and Dangers of Shari'a Arbitrage." Proceedings of the Sixth Harvaard University Forum on Islamic Finance (2004) In Press

     
     Other
     

    El-Gamal, Mahmoud "A Bayesian Interpretation of Multiple Point Estimates." Econometric Reviews, 20(2) (2001) : 235-245.

     
     

    El-Gamal, Mahmoud "An Economic Explication of the Prohibition of Gharar in Classic Islamic Jurisprudence." Islamic Economic Studies, 8(2) (2001) : 29-58.

     
     

    El-Gamal, Mahmoud "The Economics of Twenty-First Century Islamic Jurisprudence." Proceeding of the Fourth Harvard University Forum on Islamic Finance (in press)

     
     

    El-Gamal, Mahmoud "Toward an Economic Understanding of the Prohibition of Riba." Essays on Riba, Abdulkader Thomas (ed) (in press)

     
     

    El-Gamal, Mahmoud "Translation of Dr. Wahba Al-Zuhayli's: Al-Fiqh Al-Islamic wa Adillatuh, Vol. 5." Financial Transactions in Islamic Jurisprudence, Vol. 1 (in press - xxi+695 pages)

     
     

    El-Gamal, Mahmoud (with Ian Domowitz) "A Consistent Nonparametric Test of Stationary Ergodicity for Time Series with Applications." Journal of Econometrics, 102 (2001) : 365-398.

     
     

    El-Gamal, Mahmoud "A Basic Guide to Contemporary Islamic Banking and Finance."  (2000)

     
     

    El-Gamal, Mahmoud "An Economic Explication of the Probibition of Riba in Classical Islamic Jurisprudence." Proceedings of the Third Harvard University forum on Islamic Finance (2000)

     
     

    El-Gamal, Mahmoud "An Economic Explication of the Prohibition of Gharar in Classical Islamic Jurisprudence." Proceedings of the Fourth International Conference on Islamic Economics and Finance (forthcoming)

     
     

    El-Gamal, Mahmoud "Financial Transactions in Islamic Jurisprudence, Volume 1."  (forthcoming)

     
     

    El-Gamal, Mahmoud "Introduction" to the Islamic Finance section of." Proceedings of the Third Harvard University Forum on Islamic Finance (2000)

     
     

    El-Gamal, Mahmoud (with Ian Domowitz) "A Consistent Nonparametric Test of Stationary Ergodicity for Times Series With Applications." Journal of Econometrics (forthcoming)

     
     

    El-Gamal, Mahmoud, El-Megarbel, Nihal and Inanoglu, Hulusi "Beyond Credit: A Taxonomy of SMEs and Financing Methods for Arab Countries." Proceedings of Mediterranean Development Forum III (forthcoming)

     
     

    El-Gamal, Mahmoud A. "An Economic Explication of the Prohibition of Ribain Classical Islamic Jurisprudence." Proceedings of the Third Harvard University Forum on Islamic Finance (1999)

     
     

    El-Gamal, Mahmoud A. "Introduction." Proceedings of the Second Harvard University Forum on Islamic Finance: Islamic Finance into the 21st Century (1999) : pp. 3-6.

     
     

    El-Gamal, Mahmoud A. "Involving Islamic Banks in Central Bank Open Market Operations." Thunderbird International Business Review, vol. 41 (4/5) (1999) : pp. 501-521.

     
     

    El-Gamal, Mahmoud A. "The Survival of Islamic Banking: A Micro-Evolutionary Perspective." Proceedings of the Second Harvard University Forum on Islamic Finance: Islamic Finance into the 21st Century (1999) : pp. 63-76.

     
     

    El-Gamal, Mahmoud A. and Bisat, Amer "Growth and Investment in Egypt 1970-1997: Lessons from the Past and Guidelines for the Future." Proceedings of the 6th International Conference of the Economic Research Forum for the Arab Countries, Iran and Turkey (1999)

     
     

    El-Gamal, Mahmoud A., and Grether, David "A Monte Carlo Study of EC-Estimation in Panel Data Models with Limited Dependent Variables and Heterogeneity." Analysis of Panels and Limited Dependent Variables Models (1999) : pp. 114-135.

     
     

    El-Gamal, Mahmoud A., and Grether, David "Changing Decision Rules: Uncovering Behavioral Strategies Using Estimation/Classification (EC)." Preferences, Beliefs, and Attributes in Decision Making (In Press, 1999)

     
     

    El-Gamal, M. "The Survival of Islamic Banking: A Micro-Evolutionary Perspective." Islamic Economic Studies (1998)

     
     

    El-Gamal, M., and Grether, D. "Uncovering Heterogeneity in Behavorial Strategies." Apprentissage des Principes Naturels aux Modeles Artificiels (1998) : 61-72.

     
    Presentations
     Invited Papers
     

    "Convergence Hypotheses are Ill-posed: Non-Stationary of Cross-Country Income Distribution Dynamics." Far East Meetings of the Econometric Society, Seoul, Korea. (July 1, 2004) With Deockhyun Ryu

     
     

    "Islamic Bank Assets and Liabilities: Ramifications of Asset-Based Financing." U. S. Treasury Office of Assistance Annual Conference, Lisbon, Portugal. (October 4, 2004)

     
     

    "Islamic Bond Structure: Legal and Economic Ramifications." U.S. Treasury Office of Technical Assistance Annual Conference, Lisbon, Portugal. (October 5, 2004)

     
     

    "Legal, Regulatory and Religious Reflections on Islamic Finance: Form and Substance Reconsidered." Kuala Lumpur Islamic Finance Forum, Kuala Lumpur, Malaysia. (December 6, 2004)

     
     

    "Limits and Dangers of Shari'a Arbitrage." Sixth Harvard University Forum on Islamic Finance, Harvard Law School, Cambridge, MA. (May 9, 2004)

     
     

    "Limits of Shari'a Arbitrage and the Unrealized Potential of Islamic Finance." International Islamic Finance Forum, Dudai, UAE. (March 2004)

     
     

    "Macro vs Micro Considerations in Islamic Financial Ijtihad." International Islamic Finance Forum, Istanbul, Turkey. (September 27, 2004)

     
     

    "Potential Islamic Savings Accounts Structures." QIPC Islamic Retail Finance Conference, London, United Kingdom. (November 30, 2004)

     
     

    "Prospects for Politiical and Economic Reform in Egypt." NIC/NSC Conference on Reform in the Arab World, Washington, DC. (July 27, 2004)

     
     

    "Short Memory and the PPP-Puzzle." Far East Meeting of the Econometric Society, Seoul, Korea. (June 30, 2004) With Deockhyun Ryu

     
     

    "The Potential Advantages of Islamic Finance: A Macro-View." International Islamic Finance Forum, Istanbul, Turkey. (September 28, 2004)

     
     Invited Talks
     

    "Islamic Banking in the U.S.." Federal Deposit Insurance Corporation (FDIC), Washington, DC. (September 21, 2004)

     
     

    "Islamic Finance and Economic Development." U.S. Agency for International Development (USAID), Washington, DC. (July 6, 2004)

     
     

    "Islamic Finance: Basic and Beyond." U. S. Department of Treasury, Washington, DC. (June 22, 2004)

     
     

    "Islamic Finance: Basics and Beyond." U. S. State Department, Washington, DC. (June 29, 2004)

     
     

    "Legal Challenges of Islamic Finance." American Bar Association (at office of Fullbright and Jaworski), Washington, DC. (July 8, 2004)

     
     

    "Regulation of Islamic Banks." Office of the Comptroller of the Currency (OCC), Washington, DC. (July 19, 2004)

     
     Other
     

    "Briefing on Islamic Finance in the U.S. and Worldwide." briefing to House staffers, U. S. Congress, Washington, DC. (August 17, 2004)

     
     

    "Global Strategies for Islamic Banking and Finance." The Kuala Lumpur International Summit on Islamic Banking and Finance, Kuala Lumpur, Malaysia. (Feburary 19-21, 2001)

     
     

    "No Title." Cancelled trips for later presentations at Harvard and in Bahrain after the tragic events of September 11, 2001,

     
     

    "Reviving the Roots of Islamic Economics and Finance." 9th Annual Lariba Symposium, Pasadena, CA. (June 16, 2001)

     
     

    "Securitization and Islamic Finance." Islamic Business and Trade Fair 2001, Chicago, IL. (August 30, 2001)

     
     

    "The Basics of Islamic Law, Banking and Finance." Islamic Society of North America National Convention 2001, Chicago, IL. (September 1, 2001)

     
     

    "The Economics of 21st Century Islamic Jurisprudence (in Arabic)." King Abdul-Aziz University, Center for Study of Islamic Economics, Jeddah, Saudi Arabia. (June 2, 2001)

     
     

    "The Economics of the 21st Century Islamic Jurisprudence (in English)." The Islamic Development Bank, Islamic Research and Teaching Institute, Jeddah, Saudi Arabia. (June 3, 2001)

     
     

    "An Economic Explication of the Prohibition of Gharar...." Fourth International Conference on Islamic Economics and Finance, Leicester, United Kingdom. (August 2000)

     
     

    "Beyond Credit: A Taxonomy of SMEs and Financing Methods for Arab Countries." World Bank's Mediterreanean Development Forum III, Cairo, Egypt. (March 2000) With With Nihal El-Megharbel and Hulusi Inanoglu

     
     

    "Explaining Islamic Finance." UCLA, Los Angeles, CA. (October 2000)

     
     

    "Fundamentals of Islamic Finance." University of New Orleans, New Orleans, LA. (May 2000)

     
     

    "Islamic Alternatives to Commerical Insurance." IBFA, (July 2000)

     
     

    "Islamic Banking and Finance." ISNA National Convention, (September 2000)

     
     

    "Islamic Equity Investment." ISNA National Convention, (September 2000)

     
     

    "Islamic Finance for Newcomers." Fourth Harvard University Forum on Islamic Finance, (September 2000)

     
     

    "Islamic Lease and Financing and the High Tech Industry." ISNA's International Business and Trade Fair 2000, (September 2000) With Also chaired workshop in Islamic Banking and Finance

     
     

    "Neither a Borrower Nor A Lender Be...Except in Charity." Sixth Lariba Conference, Pasadena, CA. (April 2000)

     
     

    "Prospects for Arab Monetary Policy in the International Financial System." Egyptian Center for Economic Studies Conference on Monetary and Exchange Rate Policy: Options for Egypt, Cairo, Egypt. (November 2000)

     
     

    "Prospects fpr Arab Monetary Policy in the International Financial System." International Monetary Fund, (December 2000)

     
     

    "Stock vs. Mutual Insurance Companies in the U.S.: Guidelines for an Islamic Insurance Industry." First Takaful USA Conference, College of Insurance, NY. (April 2000)

     
     

    "The Economics of 21st Century Islamic Jurisprudence." Fourth Harvard University Forum on Islamic Finance, (September 2000)

     
     

    "An Economic Explication of the Prohibition of Ribain Classical Islamic Jurisprudence." Third Harvard University Forum on Islamic Finance, Cambridge, MA. (October 1, 1999)

     
     

    "Explaining the Prohibition of Ribain Islam and the difference between Islamic and Conventional Finance." Second International Conference in Islamic Banking and Finance in North America, Boston, MA. (October 2, 1999)

     
     

    "Investment and Growth in Egypt: 1970-1997; Lessons from the Past and Guidelines for the Future." Sixth Annual Conference of the Economic Research Forum for the Arab Countries, Iran, and Turkey, Cairo, Egypt. (October 28 - November 1, 1999) With with Amer Bisat

     
     

    "Investment and Growth in the Arab Countries." Lecture given in Arabic to government officials from all Arab Countries at the International Monetary Fund, IMF Institute, Washington, DC. (August 27, 1999)

     
     

    "Monetary Policy in Islamic Countries: Issues Related to the Islamic Banking Sector." Lecture given in Arabic to goverment officials form all Arab countries at the International Monetary Fund, International Monetary Fund Institute, Washington, DC. (August 26, 1999)

     
     

    "What is the difference between Islamic and Conventional finance?." Sixth Annual LARIBA conference on Islamic Banking and Finance, Pasadena, CA. (May 8, 1999)

     
     Workshops
     

    "Stochastic Stability and Cross-Country Income Distrbution Dynamics." Department of Economics, University of Maryland, College Park, MD. (December 13, 2004) With Deockhyun Ryu

     
     

    "Understanding the Limits of Islamic Finance." American University, Sharjah, UAE. (March 2004)

     
     

    "Understanding the Practice and Potential of Islamic Finance." Business School, Columbia University, New York, NY. (September 21, 2004)

     
    Editorial Positions
     Editor in Chief, The Oxford Encyclopedia of Islam and Finance. Oxford University Press. (2009 - 2009)

     Member of the Editorial Board, Review of Middle East Economics and Finance. (2007 - 2007)

     Other, Economic Research Forum for the Arab Countries. Iran and Turkey. (2003 - 2003)

     Associate Editor, Macroeconomic Dynamics. (2001 - 2001)

     Associate Editor, Journal of Economic Dynamics and Control. (2000 - 2000)

     Member of the Editorial Board, Review of Middle East Economics and Finance. (2008 - 2008)

     Associate Editor, Macroeconomics Dynamics. (2000 - 2000)

    Supervised Theses & Dissertations
     Hulusi Inanoglu, Ph.D. Essays on Hetergeneous Production Functions in Banking and Finance. (2003) (Thesis Director)

     Deockhyun Ryu, Ph.D. Mean Reversion in Macroeconomic and Financial Data. (2004) (Thesis Director)

     Hulusi Inanoglu, Ph.D. Essays on Heterogeneous Technologies in Banking and Finance. (2004) (Thesis Director)

     Xin Wang, Ph.D. Essays on Financial Analysis: Capital Structure, Dynamic Dependence and Extreme Loss Modeling. (2007) (Thesis Director)

     Jill Nesbitt, Ph.D. Modeling and Estimating Market Shares on Multiattribute, Multicommodity. (2007) (Thesis Committee Member)

     Osman Nal, Ph.D. Strategic Behavior in Financial Markets and Applications of the 'Market Discipline' Mechanism. (2007) (Thesis Committee Member)

     Ibrahim Ergen, PhD ESSAYS IN FINANCIAL RISK MANAGEMENT. (2010) (Thesis Director)

    Awards, Prizes, & Fellowships
     Lariba 2001 Award for Excellence, Academic Division, (June, 2001)

     Chairman (multiple presentations and session chairing), Islamic Banking and Finance in America 2001 (Chicago, IL, September 1-4, 2001)

     Research Fellow, Economic research Forum for the Arab Countries, Iran and Turkey (1996-present)

     Organizing Committee Member (multiple presentations and session chairing), International Business and Trade Forum 2001 (Chicago, IL, August 30-September 3, 2001)

     Co-oranized ISNA's (Islamic Society of North America) Second International Conference in Islamic Banking and Finance in North America, (Boston, MA, October 2-3, 1999)

     Private grant for the translation of vols. 5 and 6 of Dr. Wahbah Al-Zuhayli's Al-Fiqh Al-'Islami wa 'Adillatoh(Islamic Jurisprudence and its proofs), (1999)

     Multiple meetings, informal presentations and discussions at Al-Azhar University Faculty of Commerce and King Abdul-Aziz University Center for Research in Islamic Economics, Jeddah, Saudi Arabia,

     Chaired and participated in multiple sessions at ISNA (Islamic Society of North America) and Harvard conferences, including "Financial Issues in Islamic Jurisprudence", "Islamic Finance in North America", and "Waqf (Islamic Trusts)", (October 1-3, 1999, Boston, MA)

     NSF instrumentation grant for establishing the Rice Behavioral Lab(with Rick Wilson and Dan Osherson), (1999)

    Positions Held
     Chair, Department of Economics, Rice University. (2009 - 2009)

     Associate Director, Chao Center for Asian Studies. (2009 - 2009)