By Muhamad Abduh & Aizat Alias Abstract Evidence has shown that Islamic banking is experiencing tremendous development since the last three decades, especially in Malaysia. This study is aimed at investigating factors that determine the Islamic banking performance in Malaysia, particularly in the period of 2006 to 2010. The predictors are loan loss provision to […]
By Suleman Muhammad Ali Abstract With the increasing demand of Islamic banking throughout the globe, the challenge with respect to liquidity management for the banks increases. The influx of deposits with limited avenues for Shariah compliant investment avenues, the need of an innovative liquidity management solution is at peak. This paper explains an unique structure […]
By Nik Fadzrina bt Nik Hussain & Shaikh Hamzah Abdul Razak Abstract In inheritance the Western or civil rules allows that we can give the inheritance to anyone that we wish to, be it a family member, outsiders, or even our pets. The civil law recognizes such desires and upholds these wishes even though we […]
By Sikirullahi Bukhari ABSTRACT Islamic economic system has continued to gain ground and to play a substantial role in the world economy. In Nigeria, Islamic cooperative society is one of the avenues through which the impact of the Islamic economic system could be felt. It represents the Islamic economic system to Nigerian Muslims and non […]
By Dr. Manzoor Ahmad Al-Azhari Abstract Interest is prohibited almost in all religions for its several setbacks. The interest based institutions are strongly propagating their products, among them are credit cards. These cards provide debt for short & long term periods. People need these card to run their life in many disciplines, specially while traveling […]
By Jeffrey Kirk Abstract We may be witnessing the seeds of a possible lasting recovery to the global recession. This development presents unique opportunities and challenges to market players; opportunities as to the expansion of finance products and services and challenges in identifying future trends, most profitable sectors and the most effective deployment of capital […]
By Dr Muhammad Imran Ashraf Usmani Abstract Islam is a complete code of life. It not only lays down rules for religious affairs but it also covers every aspect of human activities including economic matters. It not only bans riba and gharar but also all ancillary practices which under the subterfuge of trade may surreptitiously […]
Islamic Index outperforms other indices Abstract KSE Meezan Index (KMI-30) is a stock market index on the Karachi Stock Exchange in Pakistan of thirty companies that have been screened for Islamic Shariah criteria. The index was introduced in September 2008 and the base period for this Islamic index is June 30, 2008. It was created […]
By Qaiser Imtiaz & Mohammad Shahid Abstract The research was conducted on Islamic banks to see how they utilize marketing and operational practices in very efficient way despite the crucial condition of Pakistan. The analysis would strengthen the knowledge related to Islamic banking. It is recommended that Islamic banking system evaluate the professional competence of […]
By Salman Ahmed Shaikh Abstract It is empirically established that consumers by and large prefer consumption smoothening over their lifetimes. Consumption smoothening is achieved through optimal intertemporal consumption choices. The microeconomic foundation is based on optimal choice of consumption levels in each time period so that marginal utilities across different time periods are all equal. […]
