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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...
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Islamic banking and finance is emerging in global financial markets and governments seek to facilitate it. This article focuses on whether it is constitutionally possible for Australia to implement reforms to facilitate faithbased financial transactions.There have been calls for Australia to...
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This research paper provides in-depth discourse on how justice can be operationalised in different Islamic financial institutions to achieve the objectives of the Islamic moral economy. The current financial institutions claiming to be Shari'ah compliant are more and more reflecting the...
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There are several Islamic modes and techniques of financing as alternatives to interest based financing. Each of these techniques has different economic implications for those who provide the finance and for those who use the finance. This paper presents some economic dimensions of the major...
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In response to the limited engagement with critical social science concerning the governance of Islamic banking and finance (IBF), this paper examines the development and governance of IBF in Malaysia and Singapore through the entanglements of conventional ‘market-disciplinary rule regimes',...
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