The prime activity of a bank is to lend money and earn profits in the form of interest but by doing so the money is exposed to the risk of default where the borrower is not able to pay the money back in specified period or becomes insolvent. The research study carried out at HDFC Bank under the...

Purpose: Using data from World Bank and Global Islamic Finance Report, this paper aims to compare the performance of countries following Islamic and conventional finance system in terms of financial inclusion and FinTech. Design/methodology/approach: Ten countries from both financial systems...

Purpose: This paper aims to explore Islamic finance’s resilience in times of financial crisis and considers Islamic finance’s viability as an alternative to the current financial system. Design/methodology/approach: Established on a review of theoretical aspects underlying the notion of...

Purpose: Crowdfunding as an alternative financing method has recently gained ground and become a legitimate and feasible option for supporting creative and cultural projects. Whereas the reasons behind raising money on crowdfunding platforms are easy to understand, there...

Purpose The purpose of this study is to suggest a reward-based crowdfunding approach and test customers’ financial contribution behaviour (FCB) as a fundraising strategy for hospitality enterprises. Design/methodology/approach To investigate this initiative, a conceptual model motivated by the...

Purpose This paper aims to provide comprehensive review of Islamic housing finance models. The paper provides detailed mechanism and solution to contemporary issues of these models.. Design/methodology/approach This paper is conceptual in nature. Based on an extensive study of literature, this...