Purpose – The purpose of this paper is to provide a critical appraisal of the theme of zulm (injustice/exploitation) in light of the Islamic finance literature and the general attitude and approach of the Islamic finance industry and its advocates. Design/methodology/approach – Based on an...

Whatever way "underdevelopment" is defined and whether one accepts or rejects any such definition, the following questions remain unresolved: why "underdevelopment" persists, particularly in the Muslim world? Is it a permanent feature of Muslim societies? Are poverty and deprivation, hunger and...

Contemporary Islamic economic thought has its roots in the Islamic revivalism of the twentieth century. Since the time of Prophet Muhammad, Muslims had a vibrant and dynamic civilization, where the economic life did go on both at the individual and collective level. While economics as a...

Environment and climate change are generally considered a systemic risk, not as part of the systematic risk. The view of Islamic finance industry and institutions is no different. However, with greater awareness about the existential threat of climate crisis, there is call for treating it as...

The aim of this study is to identify the feelings of female managers in the Gulf region about the Islamic veil, and the meanings they attribute to this veil, a key element of Arabian modernity and of the evolving gender-inclusive business environment. This three-year study, conducted in the Gulf...

The theoretical foundation of Islamic economics and finance is based on, among other things, Homo Islamicus or Islamic Man. Islamic economics and finance theoreticians contrast Homo Islamicus with Homo economicus or the Economic Man. This paper examines whether or not Homo Islamicus is...