Purpose: The purpose of this paper is to study whether the characteristics of theShariahSupervisory Board (SSB) can influence the risk-taking behaviors of Islamic banks. Design/methodology/approach: The data on governance were collected from 70 Islamic banks’ annual reports across 18...

Purpose: This paper aims to examine the impact of general elections on the stock returns of the politically connected group affiliated firms of Pakistan. Design/methodology/approach: This study uses the market model to assess the impact of political connections (PCs) on abnormal stock returns,...

Purpose: The purpose of this paper is to provide an analysis on whether takaful operators actually maintain separated and segregated accounts between the operator and participants’ funds, thereby conforming to Shariah compliance requirements or not. Design/methodology/approach: The research...

Purpose: This study aims to investigate whether a religious environment affects a firm capital structure. Design/methodology/approach: The authors use data from Saudi Arabia with a highly Islamic religious environment. The authors use an extreme bounds analysis (EBA), which provides a reliable...

Purpose: This paper updates the literature regarding the performance of constrained US mutual funds by looking at the relative performance of Christian mutual funds, socially responsible funds and Islamic funds. This paper aims to rank the performance of religious and ethical investment funds....

Purpose: This study aims to investigate the relationship between organization image, awareness effort, customer demandingness, self-efficacy and self-rated performance among salespersons of Islamic banking products in the UAE. It also explores the mediating role of awareness effort and...

Purpose: This paper aims to examine how a central bank (CB) can act as a lender of last resort (LOLR) for both Islamic and conventional interest-based banks by pursuing a Qard-al-Hasan (QH)-based monetary policy (MP). Design/methodology/approach: The role of the CB as LOLR under QH-based MP and...