This research aims to shed light on the role of the Islamic Waqf as a tools of corporate social responsibility.Islamic Waqf can play an important role in activating the principle of corporate social responsibility through the following: achieving sustainable development , developing small and...

Over the past few decades Islamic finance has been the fastest growing segment of the global system. The fast growing market has necessitated corresponding expansion of education and training facilities to increase appropriately the supply of skilled manpower. This called for a stock taking of...

Over the past few decades Islamic finance has been the fastest growing segment of the global system. The fast growing market has necessitated corresponding expansion of education and training facilities to increase appropriately the supply of skilled manpower. This called for a stock taking of...

Islamic Finance: Issues in Ṣukūk and Proposals for Reform is a jointly edited volume by Mohammad Hashim Kamali and Abdul Karim Abdullah. This publication is on an important current topic of Islamic economics and finance. With the increasing currency of ṣukūk products, there has been...

Shari'ah Maxims Modern Applications in Islamic Finance by Muhammad Tahir Mansoori is a second updated and revised edition of his previous work published under the same title in 2007. It is, perhaps, the first text book on Shari'ah maxims with modern application in Islamic finance. The author’s...

After a brief recent empirical sketch of Islamic finance, the paper turns to its main theoretical and conceptual purpose. It seeks to relate the concepts of Islamic and conventional finance, and to examine certain important questions which arise from the interaction between these systems. The...

Islamic finance has come of age. Islamic banking and finance have been growing at a very fast rate, despite apparent serious setbacks (such as interruption of payments in Abu Dhabi in 2009, the Great Recession in Western countries between 2008 and 2010, and the recent turmoil in Middle Eastern...

This is a critical book review of Muhammad Nejatullh Siddiqi's work Maqasid-e Shariah. The book especially examines role of the Shariah objectives in formulation economic policy of an Islamic state and its finance.

Bank Negara Malaysia (BNM) had previously issued a number of statutory requirements in making the establishment of Shariah Committee (SC) of a bank mandatory via Islamic Banking Act 1983, Banking & Financial Institution Act 1989, Takaful Act 1984 and Central bank of Malaysia (Amendment) Act...

The worldwide colossal failures of financial institutions in the wake of the 2007–2010 financial turmoil the yesteryear advocates of liberalization and privatization converted almost overnight into vocal supporters of raising the safety walls around the interests of various stakeholders,...