Shari'ah governance in Islamic Banking institutions is as essential and significant as corporate governance in modern corporate organizations. It consists of arrangement ensuring the compliance of Shari'ah rules and principles in Islamic Banking transactions. The objective of this paper is to...

The study is based on empirical evaluation of financial statements of Islamic banks of Pakistan. Data sample consists financial statements for the years 2009, 2015, 2016 and 2017 relating to of all four full-fledged Islamic banks in Pakistan. First standard in Islamic accounting standards...

Sharī‘ah governance is a unique element of Islamic financial system in which Ulama (Sharī‘ah scholars) play a fundamental role. The Madaris (religious seminaries) are the major source of the education of Ulama. This study will thoroughly analyze and compare the syllabubs of Deeni Madaris...

The main objective of this paper is to analyze the qualification and competency of a Sharī‘ah auditor in the light of existing Sharī‘ah governance frameworks and standards, i.e., Accounting & Auditing Organization of Islamic Financial Institutions (AAOIFI), Islamic Financial Services Board...

The study investigates the impact of the essential components of Sharī‘ah governance, i.e., the board of directors, executive management, Sharī‘ah Supervisory Board, Resident Sharī‘ah Board Members and Sharī‘ah Audit (independent variables) on the enhancement of Sharī‘ah...

Shelter is one of the basic necessity along with food and clothing which any human endeavors for. The assiduous efforts to acquire basic necessities is made part of human nature (Shahzad & Farooq, 2014). Quran and Hadith emphasizes on the importance of housing; “And Allah has made for you from...

This research paper focuses on the discussion of Salam financing and its prospects in agriculture sector of the Pakistan economy. For this purpose, a model of Salam financing is proposed. This model can be used for single crop financing and multiple season financing as well however the multiple...

Mobile App based ride-hailing/ride-booking services have now gone mainstream across the world. Pakistan has been no exception. With the arrival of world-class leading companies such as Uber and Careem, followed by other domestic players, the penetration of these services across the major cities...

This study examines the performance of window takaful (i.e. Sharī’ah complaint Insurance financial instrument) companies with specific reference to the insurance companies in Pakistan. Security & Exchange Commission of Pakistan has allowed conventional insurance companies to start window...

A forward looking monetary policy rule has been estimated for the time period from 1991 to 2010 for Pakistan, an emerging economy. The estimated model explains a very clear shift in monetary policy objective across the sample period. State Bank of Pakistan, from 2000 onwards, seems to take...