By Ibrahim Mohammed Lawal Abstract The paper seeks to examine the role of Islamic finance as a mediating instrument in a case of an increasing population and housing deficit. The paper adopted a content review analysis and a modified revenue function approach in analyzing the potentials of the instruments of Islamic finance. The study focused […]
By Teddy Kusuma Abstract Cryptocurrency is a virtual money that does not have a physical form or concrete form in cyberspace. One of the few types of crypto money is bitcoin. The use of bitcoin as a means of payment in e-commerce lately has become increasingly widespread and unstoppable, even though the Government has banned […]
By Abdessamad Raghibi , Lahsen OUBDI Abstract Stock markets have always provided countries with a practical and flexible way to finance their economies. Hence, Islamic finance has embraced the stock market since the early 90s adopting the same framework as an ethical investment. Accordingly, Islamic investors in emerging countries shall have a range of […]
By Dr. Faisal M. Atabani Abstract Banking system is considered as the main part of a financial system of any country. A fully regulated financial system is an indicator of stability of the economy. Saudi Arabia is one of the main emerging economy in the world that participating in the G22. Saudi Arabia has been […]
By Dr. Hafiza Harun Abstract: The uniqueness of Islamic economics system lies on its underlying principles and philosophies. Islamic principles stand as the guiding rules in ensuring all mechanisms and relevant activities of economics are in compliance with Shariah. Undoubtedly, the creation of money requires for a meticulous process as the observation of any elements […]
By Dr Mohammed Nawaz [al Hasani] Abstract The basic difference between the conventional and the Islamic systems of transaction is riba which is the main source of income in conventional system of transactions but is prohibited in the Islamic theory of contract and is also declared harmful for the economy in Islamic law. As riba […]
By Muhammad Ali Shaikh Abstract Major portion of the asset portfolio of Islamic banks (IBs) consists of Fixed Income (FI) assets. The reason for keeping higher share of FI assets (e.g. Murabahah, Ijarah and Diminishing Musharaka) is obvious. The return paid to depositors depends on the earning potential of the asset portfolio. Risk perception about […]
By Ibraheem Alani Abdul KareemDr. AhamadFaosiyOgunbado Abstract This article explores the factors motivating the establishment of waqf institution towards poverty alleviation among Muslim Ummah in Oyo state, South West, Nigeria, considering the importance of waqf institutions in taking care of the needs of the less privileged in the society. To achieve the objective of this […]
By BalqisMohd Idris, Nadia Farah IzzatiNazri, Syukriah Ali, HasniAbd Rahim and KartiniKasim Abstract Maximizing the shareholder’s wealth is an ultimate goal for every firm. It can be achieved through the company’s action, usually through the periodic dividend payments which is determined by dividend policy. The objective of this study is to determine the impact of […]
By Muhammad Iman Sastra Mihajat, Ph.D Abstract The development of Islamic banking in Indonesia has gained popularity since the last two decades that implies high demand on innovative product particularly for liquidity management for Islamic banks. At the same time, the liquidity management is something crucial and urgent to Islamic banking operation. In 2011, […]
