International Journal of Islamic and Middle Eastern Finance and Management: Volume 8 Issue 2

Using social welfare concepts to guarantee Islamic banks’ deposits

Bassam Mohammad Maali, Muhannad Ahmad Atmeh

The purpose of this paper is to examine the use of the social welfare concepts of Takaful and Tabarru’ (donations) as tools to guarantee deposits in the Islamic banking industry…

Integrating financial inclusion and saving motives into institutional zakat practices: A case study on Brunei

Ak Md Hasnol Alwee Pg Md Salleh

The purpose of this paper is to identify how zakat institutions in Brunei can facilitate financial inclusion into their practices and assist to fulfil the saving motives of zakat…

Analysing the moral aspect of qard: a shariah perspective

Mohammad Abdullah

This paper aims to explore the moral aspect of qard (loan) from shariah perspective, and attempts to examine whether each interest-free qard is qualified for the Quranic term qard…

Regional initiative in the Gulf Arab States: the search for a common currency

Syed Basher

This paper aims to make two main additions to the literature on Gulf Cooperation Council (GCC) monetary union. First, it emphasizes that the creation of a fiscal union is…

Relationship between capital, risk and efficiency: A comparative study between Islamic and conventional banks of Bangladesh

Md. Dulal Miah, Kashfia Sharmeen

This paper aims to investigate the relationship between capital risk and efficiency of Islamic and conventional banks operating in Bangladesh. In this pursuit, the research…

International comparison of Shari’ah compliance screening standards

Catherine S F Ho

This paper aims to review the Shari’ah investment screening methodologies of 34 prominent global Islamic finance users, including index providers, Shari’ah service providers…

Integration of waqf-Islamic microfinance model for poverty reduction: The case of Bangladesh

Mohamed Aslam Haneef, Ataul Huq Pramanik, Mustafa Omar Mohammed, Md. Fouad Bin Amin, Aliyu Dahiru Muhammad

This paper aims to develop an integrated waqf-based Islamic microfinance (IsMF) for poverty reduction in Bangladesh. Microfinance institutions (MFIs) have been constrained by the…