Shari'ah governance in Islamic Banking institutions is as essential and significant as corporate governance in modern corporate organizations. It consists of arrangement ensuring the compliance of Shari'ah rules and principles in Islamic Banking transactions. The objective of this paper is to...

The study is based on empirical evaluation of financial statements of Islamic banks of Pakistan. Data sample consists financial statements for the years 2009, 2015, 2016 and 2017 relating to of all four full-fledged Islamic banks in Pakistan. First standard in Islamic accounting standards...

Sharī‘ah governance is a unique element of Islamic financial system in which Ulama (Sharī‘ah scholars) play a fundamental role. The Madaris (religious seminaries) are the major source of the education of Ulama. This study will thoroughly analyze and compare the syllabubs of Deeni Madaris...

The main objective of this paper is to analyze the qualification and competency of a Sharī‘ah auditor in the light of existing Sharī‘ah governance frameworks and standards, i.e., Accounting & Auditing Organization of Islamic Financial Institutions (AAOIFI), Islamic Financial Services Board...

The study investigates the impact of the essential components of Sharī‘ah governance, i.e., the board of directors, executive management, Sharī‘ah Supervisory Board, Resident Sharī‘ah Board Members and Sharī‘ah Audit (independent variables) on the enhancement of Sharī‘ah...

Shelter is one of the basic necessity along with food and clothing which any human endeavors for. The assiduous efforts to acquire basic necessities is made part of human nature (Shahzad & Farooq, 2014). Quran and Hadith emphasizes on the importance of housing; “And Allah has made for you from...

This study examines the performance of window takaful (i.e. Sharī’ah complaint Insurance financial instrument) companies with specific reference to the insurance companies in Pakistan. Security & Exchange Commission of Pakistan has allowed conventional insurance companies to start window...

Tracing through the pages of history, it becomes apparent that ‘risk' in the field of finance was always there, and the measures to control it or to minimize it and/or to get rid-off from it were also taken. Thus, it is not an alien concept today. Speaking from the Islamic point of view, the...

The objective of this paper is to make an assessment of the competence of the members of Shariah Boards of the Islamic Banking Institutions (IBIs) in terms of enabling and ensuring Shariah compliance of banks' business. The competency of Sharī‘ah board members is considered as a critical...

Islam has given a status to the women. In many societies, a woman is still regarded as a second-class citizen and deprived of various basic rights enjoyed by the male population. The main objective of this research is to highlight the role of Muslim women in the field of Trade and Finance from...