This study explores the need for developing socially responsible investment criteria in Islamic finance. There is global attention given to environmental sustainability.
Islamic Sustainable and Responsible Investment Criteria
How Diverse are Shariah Supervisory Boards of Islamic Banks?
This study aims to examine diversity in the composition of Shariah supervisory boards (SSBs) of Islamic banks (IBs). It investigates diversity from two perspectives: existing composition of SSBs and the regulatory frameworks and standards of selected Organization of Islamic Cooperation countries. Diversity characteristics include education, nationality, gender and age.
Critical Analysis of Conceptual Background of Shariah Governance for Islamic Banking and Finance
This paper highlights the importance and role of Shariah governance in regulating the practice of Islamic banking and keeping it standardized and stable with the trust of key stakeholders.
Examining the Role of Microfinance: A Creating Shared Value Perspective
This study examines the role of microfinance from the business and social lenses by using the creating shared value (CSV) framework in the context of Indonesia.
Mapping of Islamic Corporate Governance Research: A Bibliometric Analysis
Author argues in the paper that the principles of good corporate governance (GCG) in Islam are more stakeholder oriented than shareholder oriented. It implies that maximizing shareholder wealth is one goal among the many for the corporation in Islamic perspective. It shall fulfil responsibilities towards other stakeholders including internal and external stakeholders.
Re-Examination of Selected Waqf and Western University Endowments
This paper discusses the concept of Waqf and university endowments. The author highlights that contemporary university endowments take their inspiration from the concept of Waqf.
Behavioral Assumptions of Islamic Economics Revisited
In this paper, authors opine that Islamic economics literature exclusively attributes pure altruism to Muslims. It contrasts homo economicus with homo-Islamicus. Authors try to show through empirical evidence that giving behaviour is not much different among Muslims and non-Muslim in Europe.
Profit and Loss Sharing Two Tier Mudarabah
This paper mathematically analyzes the two-tier Mudarabah model in an exclusive Islamic financial environment and under dual banking system.
Mind the Gap: Theories in Islamic Accounting and Finance
This paper investigates whether contemporary literature published in top ranked journals use classical theories or the works of classical scholars in the area of Islamic economics, Islamic accounting and finance and Islamic business management or not.
Role of Istihsan in Applying Maslahah in Islamic Finance
This paper identifies the role of Istihsan in Islamic finance that should be emphasized to strengthen the element of Shari’ah compliance.
Islamic Economics Project 