ISRA International Journal of Islamic Finance: Volume 12 Issue 3 , Open Access

Editorial

Beebee Salma Sairally

An analysis of the normative parameters of reward and risk in Islamic finance

Mohamed Benaicha

This study aims to define the parameters of the reward-risk principle in Islamic finance as established in the literature and discuss propositions that are presented on how such a…

Developing a fair currency system

Muhammad Hanif

This study aims to evaluate the role of the prevailing currency systems in achieving (or departing from) the socio-economic objectives of a progressive and just society; i.e…

Evaluating ṣukūk investment intentions in Pakistan from a social cognitive perspective

Safeer Ullah Khan, Ikram Ullah Khan, Ismail Khan, Saif Ud Din, Abid Ullah Khan

This study aims to evaluate cognitive, personal and environmental factors affecting investors’ behavioral intentions (BI) to invest in ṣukūk (Islamic investment certificates) in…

Micro, small and medium enterprises’ competitiveness and micro-takāful adoption

Maizaitulaidawati Md Husin, Razali Haron

This paper aims to attempt to first examine the competitiveness of micro, small and medium-sized enterprises (MSMEs) in the logistics industry; second, to identify the MSMEs’…

A comprehensive appraisal of Sharīʿah governance practices in Malaysian Islamic banks

Babak Naysary, Marhanum Che Mohd Salleh, Nurdianawati Irwani Abdullah

This study aims to empirically investigate the impact of the Sharīʿah Governance Framework (SGF) on improving Sharīʿah governance practices in Islamic banks in Malaysia and in…

Internal control, risk and Sharīʿah non-compliant income in Islamic financial institutions

Mustafa Mohd Hanefah, Muhammad Iqmal Hisham Kamaruddin, Supiah Salleh, Zurina Shafii, Nurazalia Zakaria

The existence of internal control for Sharīʿah-compliance promotes reasonable assurance that the Islamic financial institution’s (IFI’s) objectives are achieved in the following…

The impact of economic blockade on the performance of Qatari Islamic and conventional banks: a period-and-group-wise comparison

Abdilatif Mao Ali

This paper aims to empirically assess the performance of Islamic banks (IBs) and conventional banks (CBs) in Qatar before and after the imposition of the economic blockade on…

Takāful demand: a review of selected literature

Maizaitulaidawati Md Husin, Razali Haron

This paper aims to provide a systematic review of literature on the demand for takāful (Islamic insurance) from articles published from January 2009 to June 2019. The review aims…