33 hasil

A proposed Bay-Salam with Takaful and value chain model for financing agriculture in Kano State, Nigeria

Ummi Ibrahim Atah; Mustafa Omar Mohammed; Abideen Adewale Adeyemi dkk.

Islamic Economic Studies, Vol. 32 No. 1 · 2024 · Inggris · DOAJ

Purpose – The purpose of this paper is to propose a model that will demonstrate how the integration of Salam (exclusive agricultural commodity trade) with Takaful (micro-Takaful – a subdivision of Islamic insurance) and value chain can address major challenges facing the agricultural sector in Kano…

Assessing the awareness and perception of waqf among business owners in Gombe State, Nigeria

Musa Abdu; Abdullahi Abubakar Lamido; Adamu Jibir

Islamic Economic Studies, Vol. 31 No. 1/2 · 2023 · Inggris · DOAJ

Purpose – The literature about the dynamics of Muslims' awareness and perception of waqf has been generally scarce,especially in Nigeria. As renewed efforts are emerging to develop a new waqf regime in the country, this study examines this aspect in Gombe metropolis, Nigeria, with a view to…

Family takāful purchase intentions in Bangladesh: the mediating role of attitude and saving motives and the moderating role of religiosity

Abdulla Al-Towfiq Hasan; Md Takibur Rahman

Islamic Economic Studies, Vol. 31 No. 1/2 · 2023 · Inggris · DOAJ

Purpose – The purpose of this study is to predict family takāful purchase intentions (FTPIs) using an extended theory of planned behavior (TPB) with relevant mediating and moderating factors. Design/methodology/approach – This study is based on a survey of 384 Muslim employees who work in both…

The Tunisian Islamic and conventional banks: a performance comparative study

Malika Neifar; Leila Gharbi

Islamic Economic Studies, Vol. 31 No. 1/2 · 2023 · Inggris · DOAJ

Purpose – This paper aims to determine whether Islamic banks (IBs) and conventional banks (CBs) in Tunisia are distinguishable from one another based on financial characteristics during the 2005–2014 period covering the 2008 global financial crisis (GFC) and the 2011 Tunisian revolution…

Factors influencing the individual investors of Bangladesh to opt for investment in ṣukūk

Tasruma Sharmeen Chowdhury; S.M. Kalbin Salema

Islamic Economic Studies, Vol. 31 No. 1/2 · 2023 · Inggris · DOAJ

Purpose – This study aims to identify the factors that influence the willingness of Bangladeshi retail investors to invest in ṣukūk. Design/methodology/approach – The authors surveyed Bangladeshi retail investors using a structured questionnaire to understand their perspectives on potential…

Justice in the workplace: Islamic principles for wage determination

Kausar Yasmeen

Islamic Economic Studies, Vol. 31 No. 1/2 · 2023 · Inggris · DOAJ

Purpose – The objective of this study is to construct a theoretical framework concerning wage determination, grounded in principles and supplemented by conventional theories. It discusses the Islamic perspectives on minimum wage and examines contemporary challenges and intricacies in its…

The behavior of Islamic and conventional banks around the pandemic: cross-country evidence

Saibal Ghosh

Islamic Economic Studies, Vol. 31 No. 1/2 · 2023 · Inggris · DOAJ

Purpose – Using cross-country data on the 1,000 largest global banks for 2019, the paper aims to examine the response of bank risk and returns to the pandemic. Design/methodology/approach – The author employs weighted least squares (WLS) techniques for the purposes of analysis. Findings – The…

The determinants of institutionalization of Zakāt: the case of Morocco

Hafssa Yerrou; Amina Achmaoui; Oumaima Bezoui

Islamic Economic Studies, Vol. 31 No. 1/2 · 2023 · Inggris · DOAJ

Purpose – Muslims have several religious obligations; the payment of a defined sum to the deprived part of the society is one of their financial obligations called Zakat. The institutionalization of this obligation has been the focal point of several research studies, however the Moroccan context…

Collateral imposition and financial inclusion: a case study among Islamic banks and MSMEs in Indonesia

Adi Saifurrahman; Salina Kassim

Islamic Economic Studies, Vol. 30 No. 1 · 2022 · Inggris · DOAJ

Purpose – The primary objective of this paper is to identify and compare the collateral imposition practices among Islamic banks in Indonesia to serve micro, small and medium-sized enterprise (MSME) clients and explore the experiences and perceptions of MSME entrepreneurs pertaining to…

Issues and challenges of waqf in providing healthcare resources

Sulistyowati; Raditya Sukmana; Ririn Tri Ratnasari dkk.

Islamic Economic Studies, Vol. 30 No. 1 · 2022 · Inggris · DOAJ

Purpose – This paper attempts to rejuvenate waqf in the health sector by identifying and elaborating on its issues and challenges. The government budget for this sector is significant; thus, the present paper aims to provide a nongovernment budget to lessen the government's burden…

Sharīʿah scrutiny of Islamic Banks' Financial Compensation Fund in Bangladesh: governance principles in the COVID-19 perspective

Abdullah Masum; S M Shariful Islam

Islamic Economic Studies, Vol. 29 No. 2 · 2022 · Inggris · DOAJ

Purpose – The purpose of this study is to critically analyze the Financial Compensation Funds being accumulated by Islamic Banks of Bangladesh in credit-based transactions. In this connection, due to the evolved liquidity crisis amidst the COVID-19, industry opinions are observed that suggest…

Obituary

Salman Syed Ali

Islamic Economic Studies, Vol. 30 No. 1 · 2022 · Inggris · DOAJ

Ṣukūk structure for deficit financing during COVID-19 crisis

Auwal Adam Sa’ad; Aishath Muneeza; Razali Haron dkk.

Islamic Economic Studies, Vol. 30 No. 1 · 2022 · Inggris · DOAJ

Purpose – This paper identified the ṣukūk structure suitable for deficit financing during the COVID-19 crisis. The study also explored the relevant Sharīʿah contracts that could be utilized to issue ṣukūk that is suitable for various jurisdictions and corporations in handling deficit financing…

Islamic securities (ṣukūk) and economic growth: New empirical investigation from Southeast Asia using non-parametric analysis of MCMC panel quantile regression

Mohammed Ayoub Ledhem; Mohammed Mekidiche

Islamic Economic Studies, Vol. 29 No. 2 · 2022 · Inggris · DOAJ

Purpose – This paper aims to investigate empirically whether Islamic securities enhance economic growth in the Southeast Asian region based on the endogenous growth theory using the non-parametric analysis. Design/methodology/approach – This paper applies panel quantile regression with Markov chain…

Islamic work ethics as a key engine of endogenous economic growth

Asma Raies

Islamic Economic Studies, Vol. 29 No. 2 · 2022 · Inggris · DOAJ

Purpose – God promised pious individuals who obey to His commandments, to increase their economic well-being. Although it is difficult to demonstrate with figures in hand this causality relationship, Muslims must believe in its existence and robustness at both the individual and collective levels…

Vulnerability of Islamic banking in ASEAN

Muhammad Iqbal; Hadri Kusuma; Sunaryati Sunaryati

Islamic Economic Studies, Vol. 29 No. 2 · 2022 · Inggris · DOAJ

Purpose – This research evaluated the impact of credit risk, liquidity risk, profitability, economic growth and good governance on the vulnerability of the Islamic banking system in the Association of Southeast Asian Nations (ASEAN). Design/methodology/approach – The panel regression analysis was…

Do Ṣukūk and Islamic indexes act as safe refuge to conventional stock markets? Evidence from Markov-switching CAPM approach

Slah Bahloul; Fatma Mathlouthi

Islamic Economic Studies, Vol. 30 No. 1 · 2022 · Inggris · DOAJ

Purpose – The objective of this paper is twofold. First, to study the safe-haven characteristic of the Islamic stock indexes and Ṣukūk during the crises time. Second, to evaluate this property in the last pandemic. This study employs the daily dataset from June 15, 2015, to June 15, 2020, for the…

Does it pay to be a faithful investor? A risk-based approach performance analysis of Islamic funds vs UCITS schemes

Joseph Falzon; Elaine Bonnici

Islamic Economic Studies, Vol. 29 No. 2 · 2022 · Inggris · DOAJ

Purpose – This paper empirically investigates the performance of Islamic funds, which have been praised for weathering the 2008 financial storm relatively well and compares it to a European product designed to protect the most vulnerable of investors, UCITS funds. Design/methodology/approach – This…

Islamic equities and COVID-19 pandemic: measuring Islamic stock indices correlation and volatility in period of crisis

Shafiu Ibrahim Abdullahi

Islamic Economic Studies, Vol. 29 No. 1 · 2021 · Inggris · DOAJ

Purpose – The purpose of the study is to measure cross-country stock market correlation and volatility transmission during the global coronavirus disease 2019 (COVID-19) pandemic. The paper traces trajectory of Islamic equity investments in order to get insights on the behavior of the markets…

Factors affecting Sharīʿah audit quality in Islamic banking institutions of Pakistan: a theoretical framework

Abdul Rashid; Muhammad Saarim Ghazi

Islamic Economic Studies, Vol. 28 No. 2 · 2021 · Inggris · DOAJ

Purpose – The objective of this study is to present a theoretical framework, which helps ascertain the meanings of the Sharīʿah audit quality and identify the factors that affect it. Design/methodology/approach – The current literature of conventional and Islamic finance on audit quality is…