International Journal of Islamic and Middle Eastern Finance and Management: Volume 9 Issue 3

IPO underpricing in the insurance industry and the effect of Sharia compliance: Evidence from Saudi Arabian market

Zakaria Boulanouar, Faisal Alqahtani

The purpose of this paper is to explore the existence of underpricing in the cooperative insurance sector in the Saudi Arabian market and to examine whether Sharia compliance…

Islamic values and negotiator behavior

Alexandre A. Bachkirov, Salem AlAbri

The purpose of this study is to examine whether and how the fundamental Islamic values of Arab Muslim business negotiators influence their views of the negotiation process and…

Factors influencing external audit fees of companies listed on Dubai Financial Market

Kamal Naser, Yousef Mohammad Hassan

This study aims to examine the underlying determinants that may influence external audit fees paid by Emirati nonfinancial companies listed on Dubai Financial Market (DFM).

Investigating Islamic banking in Italy: Business-based and cultural-based analyses as complementary approaches

Gabriella Gimigliano

The purpose of this paper is to contribute to the existing body of work in the area of Islamic banking by investigating the regulatory accommodation process of Islamic banking in…

Tawarruq time deposit with wakalah principle: an option that triggers new issues

Abdul Ghafar Ismail, Nik Abdul Rahim Nik Abdul Ghani, Mat Nor Mat Zain

This paper aims to make an attempt to analyze the adoption of wakalah in the tawarruq deposit that may trigger new issue.

Rental index rate as an alternative to interest rate in Musharakah Mutanaqisah home financing: A simulation approach

Rosylin Bt Mohd Yusof, Akhmad Affandi Mahfudz, Ahmad Suki Che Mohamed Arif, Nor Hayati Ahmad

This paper aims to propose a new pricing alternative called Rental Rate Index (RR-I) that captures the true value of property to be used by Islamic banks in Musharakah Mutanaqisah…

The feasibility of adopting Islamic Banking system under the existing laws in Uganda

Sulaiman Lujja, Mustafa Omar Mohammad, Rusni Bt. Hassan, Umar A. Oseni

In 2014, Islamic finance assets are estimated to have exceeded US$2 trillion with over 100 products and an annual growth of over 20.7 per cent, across more than 76 countries, most…

Bilateral rebate (ibra’ mutabadal) in Islamic banking operation: a critical appraisal

Mohamed Fairooz Abdul Khir

This study aims to examine the scholars’ views on the legality of bilateral rebate in Islamic financial transactions. It also aims to evaluate the contemporary application of…