We discuss the trust-building process as well as trust violation and distrust in financing for small businesses at Islamic and conventional banks, a topic that receives little attention in the literature. We interview managers of Islamic and conventional banks in Indonesia. We find that the...

This paper analyses the role of Sukuk issuance in driving economic growth amid the Global Financial Crisis (2007-2009), considering both short-term fluctuations and long-term outcomes during periods of financial distress.Using the Pooled Mean Group (PMG) approach of the ARDL model, the study...

Islamic Microfinance Institutions (IMFIs) encounter distinct difficulties with credit scoring because they need to follow Shariah principles that combine riba bans with fair financial dealings regulations. Conventional credit scoring models exhibit two shortcomings: a poor capability to...

This study examined how ESG has influenced credit growth across MENA countries/regions and investigated the extent to which bank size and Islamic banking influence this relationship. Using panel data from 42 listed banks across 10 MENA countries (367 bank-year observations from 2010-2023), the...

The purpose of this study is to investigate the influence of environmental disclosure and corporate governance on the financial performance of Islamic banks in Saudi Arabia. This study highlights that sustainable practices are transparent with financial objectives using the religious framework...

In this study, we aim to provide a comprehensive analysis of the risk management potential of sectoral Credit Default Swaps (CDSs) within financial portfolios. Our objectives are threefold: (i) to investigate the safe haven properties of sectoral CDSs; (ii) to assess their hedging effectiveness...

This study explores how FinTech and artificial intelligence (AI) adoption shape efficiency and financial stability in dual-banking systems. It focuses on 26 listed Islamic and conventional banks across 11 countries in the MENA and Southeast Asia regions between 2020 and 2024. To measure digital...

The Islamic banking and finance sector is experiencing rapid growth and has become a vital component of economic development strategies in many countries, including those beyond the Muslim world. This significant expansion necessitates a deeper understanding of how Islamic banking contributes to...

This study compares the resilience of optimal portfolios constructed using participation stocks (i.e., sharia-compliant stocks) to that of conventional stocks on Borsa Istanbul between 2011 and 2024 for three periods when a stock market crisis occurred. The three crises are related to Gezi Park,...

This study examines the effects of Islamic finance on the resilience of Cameroonian SMEs during the COVID-19 pandemic and the Russia-Ukraine war. Analyzing data from 1358 SMEs using a multivariate probit model, we find that Islamic finance significantly boosts strategies like online marketing,...

The investigation into sharia hotel websites is highly relevant for Muslim tourists, particularly because the strict regulations governing their choices necessitate detailed information to aid in their decision-making when renting hotels online. The aim of this study is to examine the impact of...

The financial sector holds major responsibility in climate mitigation, as the proliferation of environmental damage within the real economy largely stems from the negative externalities of the financial economy. Islamic banking, as a subset of the global financial market, is often adjudged as a...

This study provides empirical evidence on the role of artificial intelligence (AI) and machine learning (ML) sentiment in influencing financial performance by Islamic banks. Using advanced textual analysis methods, including long short-term memory (LSTM) networks, AI and ML sentiment is derived...

This study examines return connectedness and spillover shock effects between Islamic profit-sharing rates (PSR) and conventional deposit rates (DPR) of banking sectors across various maturities in Türkiye and Malaysia. Overall, financing rates with various maturities in Türkiye act as...

This study aims to examine the Islamic banking performances of the 10 countries with the highest Islamic bank assets between 2018-2022 (including the period of Covid-19 pandemic), to observe whether different criteria weighting methods yield different results and whether there is a relationship...

This paper aims to explore the feasibility of establishing a digital participation bank in North Macedonia based on the principles of interest-free finance. This system has been part of ethical and equitable financial systems in the major Abrahamic religions. Thus, as interestfree finance...

The study documents the achievements of the Islamic Banking Services Industry (IBSI) in light of Islamic finance objectives (including commercial performance, financial stability, and wealth distribution). A balance sheet analysis of IBSI in the United Arab Emirates (UAE) for 33 quarters (2013...

This study investigates the mediating role of Green Intellectual Capital (GIC) in the relationship between Corporate Social Responsibility (CSR) and Sustainable Social Performance within the context of Islamic banks in Pakistan. The population of interest comprises bank employees, including...

This study endeavors to explore the shock-transmission mechanism between Trade Policy Uncertainty (TPU) and the volatility inherent in the Gulf Cooperation Council (GCC) Islamic stock markets by employing the novel Quantile Vector Auto Regression (QVAR) with "Extended Joint" and "Frequency"...

Over the past decades, Islamic banking has emerged as a viable alternative to conventional banking, gaining recognition in both Muslim-majority and non-Muslim countries. continues to face persistent challenges including liquidity pressures, rising non-performing loans, fiscal instability and...

The study explored perceptions and motivating factors for adoption of interest-free banking in Ethiopia. To achieve this objective, a multi-stage sample of 357 interest-free window customers with a questionnaire survey was conducted in 32 Ethiopia Commercial Bank branches in Addis Ababa, for the...

This research examines the relationship between Islamic Fintech and corporate social responsibility (CSR) in the pursuit of extending financial use to all layers of society. It aims at understanding key influencers such as Sharia compliance, perceived financial benefits, ease of technology uses...