By Qaiser Imtiaz & Mohammad Shahid Abstract The study attempts to gauge the bankers competency in context with marketing strategies employed in the Islamic banking industry of Pakistan. The research was conducted in Islamic banks to analyse the views of employees about marketing practices (product, price, place, promotion and people) of Islamic banking, working experience […]
By Salman Ahmed Shaikh ABSTRACT Economic choices influenced by animalistic instincts in an ethically neutral framework has not only resulted in huge disparity in distribution of income, wealth and standard of living, but, as we now realize, it has also resulted in unprecedented loss to ecology and environment with catastrophic consequences for future generations. More […]
By Prof. Dr. Zubair Hasan ABSTRACT This paper responds to the criticism of the Zubair’s Diminishing Balance model for Islamic home financing that Ahmad Kameel Meera published in the ISRA Journal. The response argues that most of the comments of Meera are frivolous and misplaced. It reiterates that the ZDBM is much different from other […]
By Syed Zahid Ahmad Abstract Opponents of ban on interest have been accusing Murabaha, the Shariah approved methodology of trade from the earliest times to be no different from earning interest. They also viewed earning through trade to the quite similar to lending on interest and dubbed trade as usury. However the Holy Quran has […]
By Ahmed Ali Siddiqui ABSTRACT Islamic banking has proved over time that it is based on firm and sound economic principles and has a good potential for become an alternative system of banking especially in view of the global financial crises. However, there is a need for dedicated research & steps from the government to […]
By Bukhari Sikirullahi ABSTRACT Economy is an integral part of life without which the latter cannot be meaningful. Islam’s relevance to human life manifests in the kind of allowance it accords economy. In the contrast, Islam’s kin interest in the elimination of all forms of injustice and cheating among its adherents and among mankind as […]
By Muhamad Nadratuzzaman Hosen & Muhammad Dadi Sutisna Abstract The objective of this study is to measure the efficiency level of Shariah banks and to investigate the eterminant factors which influence the level of efficiency. In terms of scope of the research. Shariah banks included in this research are all full-fledged Shariah banks and Shariah […]
By Salman Ahmed Shaikh Abstract Interest is prohibited in all monotheist religions. Apart from religion, interest is also regarded as unjust price of money capital by pioneer secular philosophers as well as some renowned economists. However, it is argued by some economists that modern day, market driven interest rate in a competitive financial market is […]
By Muhamad Abduh, Mohd Azmi Omar & Raudhah Mohd Tarmizi Abstract The Islamic financial institutions have been developing tremendously since the last three decades. However, many studies are focused more on the development and performance of banking and financial markets and almost neglecting another specific and important sector, which is insurance. Thus, this study aims […]
By Abdulqadir Ibrahim Abikan (Ph. D) Abstract Islamic banking system cannot operate in Nigeria or in any other country without agreement of its principles and practice with the various extant bank and other financial institutions regulatory laws. The usually adopted option is for the regulatory laws to be amended to accommodate the emerging financial system. […]
