Purpose – The main purpose of this paper is to provide a comprehensive review of musharakah mutanaqisah (MM; diminishing partnership) technique and its potentials for Islamic financial institutions. Design/methodology/approach – Based on an extensive literature review, this paper aims to...

Muslim entrepreneurs are compelled by religious laws to abstain from engaging in certain economic and financing activities, such as those involving gambling, usury, and speculation. Western entrepreneurs may choose to forgo certain business opportunities due to religious or moral laws as well;...

Purpose – The purpose of this paper is to study whether Islamic investors lose portfolio efficiency due to a limited asset universe. Design/methodology/approach – The paper contributes to prior literature by using non-parametrical measurements of efficiency instead of regular (parametrical)...

Purpose – This paper aims to examine the impact of financial liberalization and foreign Islamic bank entry on the performance of domestic Islamic banks, and credit availability to the private sector. Design/methodology/approach – The authors use the weighted least squares method to estimate...

Purpose – There is a great deal of research that has been done to investigate the investment characteristics of conventional socially responsible investment portfolios compared to their broader conventional counterparts. However, the impact of incorporating sustainability criteria into the...

Purpose – The purpose of this paper is to investigate customer-centric corporate social responsibility (CSR) in Islamic banks of Bangladesh, Malaysia and the Arabian Gulf Region. The new framework is found from the incomplete link between managerial motivation and their actual involvement with...