By Dr. Hafiza Harun & Muhammad Fadzli Abdullah Halim Abstract Islamic Financial Institutions (IFIs) are developed based on a system which is manifested from Islamic teachings and Shariah. At the same time, since its emergence in 1983 (which refers to Islamic banking system), IFIs’ governance, products, services, policy as well as its internal processes keeps […]
By Khatib MjakaMkuu & MohdEffandi Bin Yusoff Abstract Social capital is one essential ingredient to the performance of organizations and, more particularly, the non-profit like zakat and waqf institutions. Thus, applying strategic ways to build it is vital to improving the performance of zakat and waqf institutions in the social-economic welfare of the Muslims. With […]
By Zubair Hasan Abstract The purpose of this paper is (i) to state the objectives of higher education commensurate with Islamic requirements; (ii) to examine the current state of higher education performance in Muslim majority countries with a view to indentifying the main issues it faces using Islamic economics as illustration and (iii) to present […]
By Mohd. Ma’sum Billah Abstract When Bank Negara Malaysia set out to introduce the Sale and Buy Back Agreement (SBBA) in Islamic banking in Malaysia in the early 1980s, a revised version of which was effective from 15 August 2002, it had in mind a two-phased approach. In the first phase, the bank wanted to […]
By Imran Hussain Minhas Abstract Purpose – The purpose of this paper is to assess perception of the stakeholders about Islamic banking and find out approaches to make it closer to the Shari’ah. Methodology – The paper adopts direct survey approach to find out perception of stakeholders about Islamic banking. The survey results have been […]
By Abdullah Ahmed Mohammed, Abdelghani Echchabi, Zurina Shafii,Supiah Salleh Abstract This study attempts to identify the Shariah governance and assurance practices in Islamic banks in Gulf Cooperation Council(GCC) countries. It adopts both qualitative and quantitative techniques in two different stages. In the first stage, content analysis technique is performed to analyse data from Shariah Committee […]
By SaheedAfolabi ASHAFA (PhD) Abstract Zakāt as a subsidiary of Islamic finance is a welfare package for the less privileged. The resurgence of Zakāt as a pillar of Islam in Southwestern Nigeria has indeed invigorated the hope of the have-nots. Expectedly, this is deserving and admirable. There is however, a need for mutual commitment to […]
By Ali Abdullah Amer Bin Al-Shiabah, Assistant Prof. Abdullah Ahmed Mohammed & Prof. Dr.Zurina Shafii Abstract The aim of this paper is to measure the financial performance of two Islamic banks in Sultanate of Oman for the period of 2013 to 2019. Different groups of ratios have been used to measure the performance and make […]
By Mohd. Ma’sum Billah Abstract Marketing is the process by which products and services are transferred. In this respect promotional tools are employed in order to introduce, activate, and motivate present and potential customers. Promotion is recognized as one of the basic elements of marketing which plays a key role in creating consumer awareness of […]
By Zubair Hasan Abstract This note summarizes the formulations of Abbas Mirakhor on purported uncertainty contextual to Islamic finance in a World Bank (2013) publication and shows its inefficacious character.
