Abstract
We study the effect of scalar leptoquarks on the exclusive rare $B$ meson decays $\bar{B}_d^0 \rightarrow \bar{K}^{* 0}\left(\rightarrow K^-\pi^+\right) l^+ l^-$ in the full kinematically accessible physical region. We work out the constraints on leptoquark parameter space using the measured branching ratio of $B_s \rightarrow \mu^+ \mu^-$ process by the CMS and LHCb collaborations. We compute the branching ratio, forward-backward asymmetry and isospin asymmetry distribution using the constrained parameter space. We also look into various form factor independent and CP violating observables in the scalar leptoquark model.
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