This article covers Development of Islamic finance as a distinct financial stream. It includes religious foundations [Objectives of Shari'a and Injunctions on Riba/interest & usury], Historical developments [timeline], Principles [Riba prohibition, Gharar, Myser and PLS] and Operational modes...

This study documents the literary developments and classifies the literature in the area of Islamic Financial Services Industry (IFSI). Our findings are based on articles published in selected Islamic finance specialized journals for six years (2012-2017). Classification is based on multiple...

Modern Islamic financing was started in the last quarter of 20th century and got momentum in the first decade of 21st century. Global volume of assets under Islamic financial system, have reached to US$ 2,000/- billion by the end of December 2014 (MIFC-2015). Islamic financing is based on...

This study adds to the body of literature by investigating the moderating effect of human capital in the association of financial development with macroeconomic volatility in a sample of Asian countries. From 1993 until 2021, annual panel data was collected. For empirical analysis, generalized...