Ethical finance involves financial practices that consider environmental, social, and governance (ESG) factors affecting a borrower and/or its assets. This approach extends beyond traditional financial metrics, aiming to align investments and lending with principles promoting sustainability,...

The purpose of this study is to determine the Gap between the assets and the liabilities of Islamic and conventional banks. It also finds the impact of liquidity risk, capital adequacy, management efficiency, operating cost, and transaction size on net interest margin for Conventional Banks...

Purpose: This study analyzes the impact of investment deposits and risk taking on capital decisions in Islamic Banks of selected Islamic Financial Services Board (IFSB) countries (Pakistan, UAE, Qatar, and Malaysia). Five Islamic banks of each country were selected as a sample for the period of...

Financial performance is a general measure of firm's overall financial health over a given period of time. The aim of this study is to compare financial performance of Islamic and Conventional banks to support depositors, bank managers, shareholders, investors, and regulators by providing true...

Derivatives that manage commodity risk over multiple periods are not Sharīʿah-compliant. This study proposes a Sharīʿah-compliant swaption model (waʿd or promise on swap) for hedging commodity risk. The model combines two separate and independent waʿds (promises) on commodity swap through...

Bridging global economic inequalities calls for effective financial alternatives such as awqāf banks to better attend to the needs of the poor and underprivileged. This is expected to address the root causes of poverty and ensuing economic gaps, improving much of the living standards whether...