The paper discusses, in the light of a sample survey of Islamic financial institutions, the measures that need to be taken to improve the overall corporate governance in these institutions.

The paper addresses primarily the crucial question of how to apply the international regulatory standards to Islamic banks.

The paper addresses primarily the crucial question of how to apply the international regulatory standards to Islamic banks.

The paper discusses human development from an Islamic perspective. It shows the objectives of Shari’ah with respect to invigorating the human self, enriching faith, intellect, posterity and wealth.

Ce document s’intéresse essentiellement à la question de savoir comment appliquer aux banques islamiques les règles de contrôle en vigueur au niveau international.

The main thrust of this valuable paper written by two highly qualified and respected scholars is that “the stakeholder theory of corporate governance finds strong roots in the Islamic economic system”. This leads the authors to argue that all stakeholders should participate in corporate...

Mankind is faced with a number of serious problems that demand an effective solution. The prevalence of injustice and the frequency of financial crises are two of the most serious of these problems. Consisting of an in-depth introduction along with a selection of eight of Muhammad Umer Chapra's...

Managed money is a new phenomenon which has gained prominence after the collapse of the Bretton Woods system in August 1971. There is no possibility of finding a precedence for it in the days of the Prophet (pbuh) or in early Islamic history. A number of questions are, therefore, continually...

Islamic Banking and Finance discusses Islamic financial theory and practice, and focuses on the opportunities offered by Islamic finance as an alternative method of financial intermediation. Key features of profit-sharing (as opposed to debt-based) contracts are highlighted, and the ways in...