The IERB has started study class from August, 2003 for its regular ‘Members’ in order to develop Islamic knowledge. First study class was started on “Priorities of Islamic Movement in Coming Phase” by Janab Shah Abdul Hannan as its moderator. The IERB has also started ‘Book Review Program’ on important books of Islamic Economics and in 2005, 3 (three) books were reviewed : i) Future of Islamic Economics, written by Dr. Umer Chapra, ii) Islam and the Economics Challenge, written by Dr. Umer Chapra and iii) Essays in Islamic Economic Analysis, edited by Dr. F.R. Faridi.