Purpose: This study aims to describe the role of knowledge diffusion in evolving governance principles for Islamic banking. Design/methodology/approach: This study develops a discursive theoretical debate using the discourse analysis method on the Sharīʿah principles related to interest...

1. Insurance -- 2. Insurance from the Shariah Perspective -- 3. Takaful and Its Shariah Compliance -- 4. Risk and Its Mitigation Techniques -- 5. Takaful Models -- 6. Family Takaful -- 7. General Takaful -- 8. Re -takaful -- 9. Distribution Channels -- 10. Underwriting Management -- 11. Claim...

Purpose: This paper aims to conceptualize the nexus between the participatory finance and the higher ethical objectives within the Islamic moral economy, also termed as Maqasid al Shari’ah. Design/methodology/approach: Insights from the extant Islamic economics and finance literature are...

The participatory modes of Islamic financing including Musharakah and Mudarabah are widely accepted as the ideal modes of financing among the jurists of Islamic banking and finance. However, paradoxically, these are not the most popular modes of financing in practice. The practice of the...

This paper explores the collaborating roles of various service cocreators, within an auto Ijarah service, to establish how Islamic bank, customer, and supporting parties cocreate an Islamic banking service within a market, while using in depth narrative single case qualitative data analysis of...

The study aims to explore internal risk factors that may lead to overall operational risk in Islamic banks and Islamic window banks of Pakistan. Semi structured interview's through purposive samplings are conducted along with participant's observation. New themes, including windows Islamic...

The last decade witnessed the popularity and appreciation of microfinance practices, against poverty alleviation, all across developing and underdeveloped countries. However, there is still deficiency of rigorous studies, to affirm the claims of microfinance products and services against the...

Appropriation of development goals is important for the effective socio-economic policy making. This paper presents a discursive and analytical account of the literature on maqasid al-Shari'ah and Islamic Moral Economy (IME) to draw conclusions on what goals should the policy makers prioritise...