Purpose – This paper aims to present the results of a comprehensive literature review with regard to the application of Tawarruq in the Islamic banking system covering the period between 2011 and before. The review aims to synthesize the previous research, capsulize the structural overview...

Purpose: This paper aims to analyze the role of waqf in the socio-economic development of the organization of the Islamic Cooperation (OIC) countries. Various projects currently use waqf as an instrument for socio-economic development, as reported in the scholarly literature. This study will...

Cover -- EDITORIAL ADVISORY BOARD -- Guest editorial -- Editorial -- The role of the Maqāsid al-Sharīah in preserving the environment -- Towards an integrative framework for understanding Muslim consumption behaviour -- The potential of al-Wasatiyyah value concept for human sustainability (HS)...

Purpose: This paper aims to study waqf practice in Pakistan with regard to its utilisation in funding for higher educational institutions (HEIs) and investigates waqf raising, waqf management and waqf income utilisation. Design/methodology/approach: The paper is based on the views of 11...

New Developments in Islamic Economics: Examples from Southeast Asia investigates the latest developments in a vibrant and fast-moving area of practical financial and economic study. This book is primarily focused on Malaysian contexts, while also presenting perspectives from Indonesia and Thailand.

Cover -- EDITORIAL ADVISORY BOARD -- The relationship of Muslims with non-Muslims based on the concept of muwālāt (loyalty) in the Qurʾān -- Fiat money: from the current Islamic finance scholars' perspective -- Spirituality and subjective wellbeing -- Contemporary Islamic economic studies on...