Reports that poverty alleviation is a particular developmental focus in Malaysian plans. Reveals that for this to be attained microenterprises are encouraged, and that the financing of microenterprises by means of pawnshop loans in small amounts and with low risk is a popular one among the...

Purpose – The purpose of this paper is to assess key issues in measurement and management of operational risk in Malaysian Islamic banks. Design/methodology/approach – Descriptive, analytical, and comparative analyses are used to discuss the issues of operational risk in Islamic bank through...

Purpose – Aims to consider the empirical works on Islamic financial design in the light of room for improvements. Design/methodology/approach – Looks at the many aspects of the Islamic financial system and suggests some prudent and sound regulatory frameworks which are deemed necessary....

Purpose – The purpose of this paper is to suggest a way to improve the effectiveness of Islamic micro‐financing in Indonesia. Design/methodology/approach – The approach taken to measure and evaluate the effectiveness of micro‐financing is to point out the change of micro‐enterprises'...

Purpose – The purpose of this paper is to discuss Islamic laws which are relevant to finance. More specifically, it covers the types of contracts as foundation for the distinctive Islamic financial products. The current institutional framework of financial institutions seems to be incompatible...