Studies on the relationship between religion and Entrepreneurship suggest that Islam discourages entrepreneurship. This is sometimes used to explain the excessively high unemployment figures for Muslim majority countries. However, we argue that studies that support this claim have missed a...

This paper proposes an integrated, comprehensive financial model that can provide startup capital to socially committed business ventures, such as social enterprises and Yunus Social Business (YSB), by using Islamic social funds (ISFs), Zakat (almsgiving), Waqf (endowments), Sadaqat (charity),...

The purpose of this paper was to explore the relationship between the characteristics of the chief executive officer (CEO) and corporate social responsibility (CSR) of banks operating in the Middle East and North African (MENA) countries. The study hypotheses was tested using a multiple linear...

Purpose - The purpose of the paper is to study the relevance of macroprudential policies (MPPs) in influencing bank lending in small open economies with dual banking systems. Design/methodology/approach - In the analysis, the author employed the dynamic panel data methodology as compared to...

Recent studies indicate that lending portfoliocomposition in Islamic banks is concentrated towardsdebt-based lending portfolio; however, the ideal lending portfoliocomposition in Islamic banks should be an equity-based lending portfolio. This article explores the effects of the internal...

Hundreds of millions of children are losing learning opportunities, resulting in potentially large losses in their lifetime education, health, income, and productivity. Losses in long-term earnings from preprimary program closures due to COVID-19 can be unprecedented. Acute effects are plausible...

This paper examines the multi-dimensional efficiency of the Islamic banking sector and its determinants, including the impacts of the COVID-19 pandemic. To do that, we use a novel approach of two-stage data envelopment analysis (DEA) double frontiers to evaluate the overall efficiency of 79...

The banking sector has a significant impact on a nation's financial stability and economic development. As one of the fundamental components of the financial sector, banks offer services that are essential for the expansion of the markets. The stability of the financial system is significantly...

The contribution of SMEs to economic growth is supported by the development of the sharia economy by the government, making SMEs one of the main pillars in Indonesia's economic development. This study aimed to analyze the influence of the digital economy, financial literacy, human capital, the...

This paper explores the challenges and prospects associated with the adoption of Islamic banking in Afghanistan. Despite the global growth and acceptance of Islamic banking by approximately 50 countries by 1997, Afghanistan only embraced it between 2008-2009. The decision to convert conventional...

This study extends the literature on shariah compliance in Islamic banks (IBs) based on interest free returns for Investment Account Holders (IAH) and to examine the role of the attributes of the shariah supervisory board (SSB) on shariah compliance. The study sample included 102 fully-fledged...

The goal of the current study is to determine how the internal control system (ICS) in Jordanian Islamic banks affects the link between the accounting information system (AIS) and employee performance (EP). The study's target audience is actual Jordanian Islamic Bank workers, and a sample of 92...

This study empirically examines the internal and external factors of Islamic banks' financial stability during the time frame from 2006 to 2017 in the Middle Eastern and North African (MENA) region. The stability of Islamic banks was determined by the Z-score, which is one of the most well-known...

Purpose – The study seeks to contribute to the literature of decentralized participation of local communities in driving renewable energy uptake in rural areas by proposing a conceptual financing model for renewable energy through leveraging the spirit of partnership among the local community,...

The objective of this study was to provide a CFD model for Islamic boarding schools for productive business activities in terms of S-O-R theory and its barriers. The Discourse Analysis (DA) approach was used to see the discourse on the websites of Kitabisa.com, Republika, Youtube, and journals...

Climate change, environmental degradation and the novel covid-19 pandemic have affected financial markets worldwide forcing investors to search for safe haven assets for portfolio diversification and risk management. To this end, this study employs Wavelet coherence techniques and the spillover...

This research paper focuses on the impact of financial technology (fintech) on the financial services and banking sector, with a particular emphasis on its application within the Islamic finance industry. The paper begins by discussing the definition of fintech and its importance in transforming...

This study aims to revisit the relationship between oil prices and Islamic finance over the last two decades for developed and emerging countries. Specifically, we assess this relationship during turbulent times, considering the effect of recent healthcare shock and oil price shock caused by the...

Abstract. This paper compares default rates on Islamic and Western mortgages. Islamic mortgages feature a ‘partnership’ arrangement between the bank and the borrower, which allows the borrower to recover the current market value of his accumulated equity upon default. By itself, this makes...

We analyze the degree of integration between the US stock market and some of its major trading partners, namely Canada, the UK and Japan to highlight which index offer better diversification benefits. We especially apply a Dynamic Conditional Correlations (DCC) model to estimate the dynamic...

This study investigates the preferences of Islamic Financing Instruments to promote green economy transformation. This study uses the ANP-BOCR (Benefit, Opportunity, Cost, Risk) and Delphi methods, with two groups of experts as the respondents, namely academicians and practitioners. The result...

Financial technology (FinTech) is leading a worldwide revolution to increase financial access. Bangladesh's financial sector is entering a new era of innovation due to the country's rapid embrace of financial technology. Mobile FinTech service (MFS) providers achieve unattainable economic peaks...

There is ample evidence that Islamic stock markets perform differently from conventional stock markets, particularly when economic policy uncertainty (EPU) or any other uncertainty such as geopolitical uncertainty is present. Considering this context, this paper examines the US EPU's...

Islamic microfinance is widely accepted in Muslim-majority countries as Islamic microfinance products are based on Islamic principles. However, despite the extreme need and widespread popularity of Islamic microfinance institutions (IMFI), this sector is lagging behind conventional microfinance...

The paper titled "Islamic Finance in Spain: Growth Opportunities and its Potential Impact on Sociological Aspects of Islam" explores the emerging stage of Islamic finance in Spain and its potential influence on the Western landscape. Islamic finance is characterized by its adherence to...

This paper focuses on exploring the functions of education and the concept of knowledge in Islam. The importance of human intelligence compared to artificial intelligence and the importance of language in education is also discussed. This paper further examined phenomena, true concepts, the...

The paper deals with problems and perspectives of Islamic banking and finance in Russia from the legal point of view.Islamic banking is an ancient financial phenomenon built on ethical and organizational principles which are sourced from the Quran. The main principle of Islamic banking is such...

The study provides international empirical evidence that sukuk securitization positively impacts the systematic risk increase for originator companies. Using a market-based analysis of 68 sukuk issuances during 2004-2020, the study starts by dividing the full sample of sukuk by the announcement...

This study provides a tailor-made microfinance model for participation banks (PBs) in Turkiye, benefiting from the global practices and comments of the key stakeholders collected in 40 depth interviews. We find that PBs have significant potential with respect to the source of funds, financing...

Faith-based mutual funds have recently become a growing corner of the mutual fund industry. Morality and ethics are thought to exert an influence on investors' decisions in this segment, although their role in driving such investments is not clear as these funds are also attractive due to their...

This study aims to explore current financial management practices covering governance and financial operation aspects in Islamic donation-based crowdfunding (DCF) in Malaysia. A series of interviews with six Islamic DCF platforms in Malaysia were conducted. For reporting purposes, this study...

This study focused on a current study on Islamic finance and financial technology as well as prospective topics for future research. As a bibliometric and visualization tool for the Web of Science core collection database and viewer-based literature, 918 papers dealing with Islamic finance and...