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...

Mobile App based ride-hailing/ride-booking services have now gone mainstream across the world. Pakistan has been no exception. With the arrival of world-class leading companies such as Uber and Careem, followed by other domestic players, the penetration of these services across the major cities...

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...

Purpose - The Objective of this study is to provide a comprehensive scenario of the Acquisition of House Financing transaction taken place between Bank Islami and Citi Bank during 2010 in the light of Sharī'ah guidelines. The purpose of this whole complex transaction was to acquire Citi Banks...

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...

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...

This study examines the relationship between volatility spillovers in the presence of structural breaks with specific reference to South Asian Capital markets. Global financial crisis of 2007-2009 has compelled policy makers to realize that financial instability has potential to threaten...

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 research paper focuses on the discussion of Salam financing and its prospects in agriculture sector of the Pakistan economy. For this purpose, a model of Salam financing is proposed. This model can be used for single crop financing and multiple season financing as well however the multiple...