Purpose This study aims to examine the resolutions issued by the Sharīʿah Advisory Council of Bank Negara Malaysia (SAC-BNM), which have recognized maṣlaḥah (public interest) as the basis of ruling to see the extent of its usefulness to the public and the extent of its adherence to the...

Purpose This paper aims to provide a systematic review of literature on the demand for takāful (Islamic insurance) from articles published from January 2009 to June 2019. The review aims to synthesise and segment previously published research to identify the gaps and provide future research...

"The central idea of sustainability in the modern world is intricate and ever-changing. Closely related to the realm of finance and socio-economic discussion, the phrase "sustainable impact finance" has become increasingly popular among bankers, practitioners, financial analysts, investors, and...

Purpose - This paper considers zakat (Islamic tax) as an alternative indicator to measure the performance of Islamic banks (IBs). It aims to examine whether zakat ratios can be used as Islamic performance (ISPER) indicators for IBs besides the conventional performance (COPER) indicators....

"This book argues that focusing on the green economy and green finance is essential to counteract the catastrophic, socio-economic effects of the COVID-19 pandemic. Further, while numerous research initiatives in the context of the green economy and/or finance have been observed in different...

Purpose – To examine the relative efficiency between the domestic and foreign banks Islamic banking operations in Malaysia. Design/methodology/approach – The paper utilises the Data Envelopment Analysis (DEA) methodology, which allows for the decomposition of technical efficiency into its...

Purpose – The purpose of this paper is to provide a comparative analysis on the performance of the Islamic banking sector in 16 MENA (Middle East and north Africa) and Asian countries. Design/methodology/approach – A two-stage procedure is followed to examine the efficiency of Islamic...

Purpose – The purpose of this paper is to provide a comparative analysis on the performance of the Islamic banking sector in 16 MENA (Middle East and north Africa) and Asian countries. Design/methodology/approach – A two‐stage procedure is followed to examine the efficiency of Islamic...

Purpose – To examine the relative efficiency between the domestic and foreign banks Islamic banking operations in Malaysia. Design/methodology/approach – The paper utilises the Data Envelopment Analysis (DEA) methodology, which allows for the decomposition of technical efficiency into its...