International Journal of Islamic and Middle Eastern Finance and Management: Volume 15 Issue 1

Corporate governance and IFSB standard-4: evidence from Islamic banks in Bangladesh

Md. Harun Ur Rashid, Ruma Khanam, Md. Hafij Ullah

This paper aims to examine the compliance status of Islamic banks in Bangladesh with Shari’ah-based accounting standards named Islamic Financial Services Board (IFSB) standard-4…

The approach of Islamic economists to the prohibition of interest in the context of Böhm-Bawerk’s time preference theory of interest

Cem Eyerci

Böhm-Bawerk’s time preference approach had significant importance among many other theories of interest. His assertion based on inherent human nature and the distinction he made…

Assessing the application of Islamic and conventional hedgings in Indonesia

Rifki Ismal

Banks in Indonesia offer two currency-hedging mechanisms to business players to hedge their portfolio against exchange rate risk, namely, Islamic hedging and conventional hedging…

Augmented reality (AR)-based sharia financial literacy system (AR-SFLS): a new approach to virtual sharia financial socialization for young learners

Ratna Candra Sari, P.L. Rika Fatimah, Sariyatul Ilyana, Hardika Dwi Hermawan

This study aims to examine financial socialization based on augmented reality (AR) technology for elementary school students, which it is hoped will improve their sharia financial…

The impact of performance, liquidity and credit risks on banking diversification in a context of financial stress

Oussama Gafrej, Mouna Boujelbéne

The purpose of this paper is to examine the relation “diversification-risk-performance” for Islamic and conventional banks in different financial stress levels. Also, it aims to…

The role of Islamic social finance in societal welfare: a case study of selected IFBOs in southwest Nigeria

Abdullahi A. Shuaib, M. Sohail

This study aims to examine the role of Islamic social finance (ISF) instruments such as Zakah, Sadaqah and Waqf in the provision of social services by Islamic faith-based…

Indonesian Islamic moral incentives in credit card debt repayment: a feature selection using various data mining

Rezzy Eko Caraka, Fahmi Ali Hudaefi, Prana Ugiana, Toni Toharudin, Avia Enggar Tyasti, Noor Ell Goldameir, Rung Ching Chen

Despite the practice of credit card services by Islamic financial institutions (IFIs) is debatable, Islamic banks (IBs) have been offering this product. Both Muslim and non-Muslim…

Competitive strategies-performance nexus and the mediating role of enterprise risk management practices: a multi-group analysis for fully fledged Islamic banks and conventional banks with Islamic window in Pakistan

Waqas Ali, Imran Ibrahim Alasan, Mushtaq Hussain Khan, Shujahat Ali, Jun-Hwa Cheah, T. Ramayah

This paper aims to investigate whether the effect of competitive strategies on the performance is significantly different for fully fledged Islamic banks vis-a-vis conventional…

The prohibition of speculation in Islamic finance: fairness and framing

Aneeka Kanwal

This paper aims to present a simple behavioural explanation of the prohibition of speculation in Islamic finance.

Investigating beta anomaly: comparison of Shariah-compliant and conventional stocks

Muhammad Ali Jibran Qamar, Asma Hassan, Mian Sajid Nazir, Abdul Haque

The purpose of this paper is to examine the impact of dividend announcements on the stock return of Shariah-compliant and conventional stocks.

Impact of Brexit on Islamic stock markets: employing MGARCH-DCC and wavelet correlation analysis

Burak Çıkıryel, Hakan Aslan, Mücahit Özdemir

This paper aims to study the co-movement dynamics of Islamic equity returns to explain international portfolio diversification opportunities for investors having a heterogeneous…

Salam financing: from common local issues to a potential international framework

Ratna Mulyany, Mirna Indriani, Indayani Indayani

This research is concerned with the development of Salam, which caters for the specific needs of farmers, who form a vital yet fragile group in most developing nations. Based on…