Dr. Farooq has a PhD in economics from University of Tennessee, Knoxville. His primary field of specialization is international development, with focus on financial institutions / micro-finance, technological development, gender equity, history of economic thoughts, etc. He worked as a graduate research assistant at the Energy and Economic Analysis Section of Oak Ridge National Laboratory, Tennessee. He was also a Ciriacy-Wantrup postdoctoral fellow at the Energy Resources Group, University of California, Berkeley.
He is currently an associate professor of business and finance at Royal University for Women (RUW) and teaches Islamic finance and banking.
During the past few years his academic and research interests have included Islamic economics / banking / finance, Islamic law and jurisprudence, and Islamic political economy.