[{"id": "ejif-10217", "words": "5768", "extension": ".pdf", "flesch": "51", "author": "Cupri, Alessandro; Cortelezzi, Flavia", "title": "The Takaful between economics, law, and religion. Considerations in relation to Islamic contract law and insurance transactions", "date": "2025", "keywords": "assets; contract; finance; financial; fund; industry; insurance; islamic; islamic finance; law; management; market; risk; sector; takaful; university", "summary": "Islamic insurance can emphasize the musharaka contract (partnership) between participants. The principles on which Islamic insurance is based must be explicitly mentioned in the company\u2019s articles of association, regulations, or information set, as outlined in AAOIFI standard No. 26 (2006).", "mime": "application/pdf"}, {"id": "ejif-10239", "words": "10462", "extension": ".pdf", "flesch": "41", "author": "Boulila, Hadjer; Metadjer , Widad; Elsayed, Ibrahim; Benbekhti, Seyf Eddine", "title": "The digital butterfly effect: unleashing the Islamic Banking industry in a post-pandemic era.", "date": "2024", "keywords": "adoption; banking; butterfly; economic; effect; et al; fadi; finance; fintech; industry; international; islamic; islamic finance; journal; market; services; system; technology; variables", "summary": "Measurement and structural modelling on factors of Islamic Fintech adoption among millennials in Malaysia. Islamic financial technology (FINTECH): its challenges and prospect.", "mime": "application/pdf"}, {"id": "ejif-1043", "words": "4084", "extension": ".pdf", "flesch": "44", "author": "Trokic, Amela", "title": "Islamic Accounting; History, Development and Prospects", "date": "2015", "keywords": "aaoifi; accounting; finance; institutions; islamic; practices; prof; system; university", "summary": "PROSPECTS OF ISLAMIC ACCOUNTING As is expressed in the previous sections, the contemporary experience of Islamic accounting is minimal, not surpassing three decades. Microsoft Word - 1043-3967-3-ED.doc http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Islamic Accounting; History, Development and Prospects * Center for Islamic Banking, Finance and Economics University of Sarajevo; University of Bolton + Heriot-Watt University; Politecnico di Milano; Umea University Abstract\u2014 the main objective of this paper is to discuss the history of Islamic accounting from its emersion to its subsequent development and expected growth in the future.", "mime": "application/pdf"}, {"id": "ejif-1046", "words": "7347", "extension": ".pdf", "flesch": "51", "author": "Prastowo, Lucky Nugroho", "title": "ISLAMICS PRINCIPLE VERSUS GREEN MICROFINANCE", "date": "2015", "keywords": "activities; allah; development; environmental; green; hadith; human; islamic; journal; life; mfis; microfinance; people; prof; qur'an; university; vol", "summary": "The scope of this literature review is divided into four main sections: (1) Is Islamic perspective on economic activities has concern with the environmental issues?, (2) Why microfinance has an important role to implementing green microfinance activities?, (3) What's the link between Islamic principles and green microfinance activities, (4) Who has responsibilities on the implementation of green microfinance activities?. The research method is based on a qualitative research, The framework of this research is defined by research questions as follows: A. Is Islamic perspective on economic activities has concern with the environmental issues?; B. Why microfinance has an important role to implementing green microfinance activities?; C.", "mime": "application/pdf"}, {"id": "ejif-10550", "words": "15103", "extension": ".pdf", "flesch": "43", "author": "Battanta, Luca Federico; Lancioni, Giuliano; Giolfo, Manuela; Magli, Francesca", "title": "The moroccan banking system and FinTech deployment: an overview of the literature ", "date": "2025", "keywords": "banking; banks; business; compliance; customers; doi; european; finance; financial; fintech; institutions; islamic; islamic bank; islamic finance; issn; journal; law; market; moroccan; morocco; participatory; products; services; sharia; system; university", "summary": "In their analysis, which we share, the main reasons mentioned are: The considerable cost of the double transaction of the purchase contract by the bank and the resale to the customer, as mentioned in our analysis; The lack of competition and concurrency for new Islamic banks; Lack of political push after an initial euphoria of financial operators on Islamic banks; In some markets like Europe, the sector lacks skills and training (Dewa and Zakaria, 2012). In the Musharaka fund-raising model, the public can buy shares and become owners of the microfinance program initiated by Islamic banks or choose a specific financing project.", "mime": "application/pdf"}, {"id": "ejif-10706", "words": "9460", "extension": ".pdf", "flesch": "41", "author": "Abi Huraira, Rifas; Mohamed Naushad, Mohamed Minaz", "title": "What are the Challenges Encountered in Initiating Green Takaful Products as a Potential Climate Finance Tool in Sri Lanka?", "date": "2025", "keywords": "challenges; change; climate; data; development; finance; financial; green; industry; insurance; islamic; islamic finance; journal; lanka; market; products; research; sri; sri lanka; takaful", "summary": "This research holds a significant contribution to the takaful sector in terms of initiating green takaful products in the insurance market in Sri Lanka. Therefore, this study explores the challenges of introducing green takaful products as a potential climate finance tool in Sri Lanka.", "mime": "application/pdf"}, {"id": "ejif-1075", "words": "7546", "extension": ".pdf", "flesch": "56", "author": "Naqvi, Imran Haider; Naveed, Zainab", "title": "Islamic Formula of Future Value of Asset", "date": "2015", "keywords": "asset; credit; f-1; formula; future; ifis; inflation; interest; islamic; price; quran; sale; speculation; study; value", "summary": "Further Islam never aspires traders to adopt habit of such credit sale expect for needful cases or exceptional circumstances, while IFIs have made it a habit. This is a theoretical, analytical, and qualitative study that standardized Quran and Hadtih as yardstick to whet the quantitative formulas of economics and finance employed by various retailers and IFIs for computing future price or value of an asset they offer under credit sale in their calculators and software.", "mime": "application/pdf"}, {"id": "ejif-10892", "words": "10900", "extension": ".pdf", "flesch": "52", "author": "Abdul Ghafar Ismail; Nur Hannani Abdul Ghafar; Nurdiyana Sabrina Binti Abdul Rahman", "title": "Islamic Public Finance: How It Matters for Achieving SDGs: Islamic Public Finance", "date": "2025", "keywords": "access; allah; authorities; baitulmal; chapter; development; finance; fund; international; islamic; islamic finance; people; person; sdgs; swt; table; university; verse; waqf; zak\u0101h; \u1e63\u0101daqah", "summary": "However, both work towards the good welfare of people globally (via SDGs) and the country's people (via Islamic public finance). These few missing elements of Islamic public finance should be regarded as added value elements in the current practice of public finance that widen the scope, generating more revenues in public finance.", "mime": "application/pdf"}, {"id": "ejif-10972", "words": "19586", "extension": ".pdf", "flesch": "54", "author": "Benazeer, Shahzada", "title": "Is the \u2018Riba\u2019 Identical to Bank Interest? Towards Understanding the Quranic Term \u2018Ar-Riba\u2019 ", "date": "2025", "keywords": "analysis; bank; english; exploitation; finance; holy; ibf; interest; islamic; justice; muslim; quranic; qur\u2019an; riba; riba al; scholars; social; study; term; university; usury; verse", "summary": "6.1 Is \u2018ar-Riba\u2019 identical to \u2018Riba al-jahiliya? During the period of jahiliya, \u2018ar-Riba\u2019 is also coined as \u2018Riba al-jahiliya\u2019.", "mime": "application/pdf"}, {"id": "ejif-1111", "words": "6958", "extension": ".pdf", "flesch": "57", "author": "Zaki, Fatma; Hussainey, Khaled", "title": "Conversions to Islamic Banks: Jurisprudence; Economic and AAOIFI Requirements", "date": "2015", "keywords": "aaoifi; allah; banking; banks; board; branches; conversion; finance; financial; interest; islamic; law; process; prof; quran; riba; sharia; transactions; university; usury; \u0633\u0648\u0631\u0629; \u0647\u0644\u0644\u0627\u0651\u064e", "summary": "Microsoft Word - 1111-4694-2-ED.doc http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Conversion into Islamic Banks: Jurisprudence, Economic and AAOIFI Requirements * Alexandria University (Egypt) & Doha institute for Graduate Studies (Qatar) ** Plymouth University (UK) Abstract - The objective of this study is to investigate the conventional banks conversion into Islamic banks.", "mime": "application/pdf"}, {"id": "ejif-11161", "words": "11561", "extension": ".pdf", "flesch": "53", "author": "Bisi, Mara; Zreg, Wisam", "title": "The waqf: a global financial instrument", "date": "2025", "keywords": "act; assets; case; family; finance; india; institution; islamic; journal; law; management; ownership; property; public; purposes; trust; university; waqf", "summary": "In this perspective, the qadi was entrusted with a supervisory function in managing waqf assets, as in the case where the waqf deed had not specified rules for appointing the mutawalli's successor (Gaudiosi, 1988). In this country, waqf assets are managed by the Majlis Ugama Islam Singapore (MUIS), a public body established to oversee the overall religious life of Muslims and play a significant role in establishing and managing regulations governing Muslim life in Singapore (bin Abbas, 2012).", "mime": "application/pdf"}, {"id": "ejif-11175", "words": "12898", "extension": ".pdf", "flesch": "42", "author": "Franciosi, Laura Maria", "title": "Islamic Finance and Sustainable Development: Key Ethical Features and Proactive Initiatives Promoting Financial Inclusion: Islamic Finance and Sustainable Development", "date": "2025", "keywords": "bank; bonds; context; countries; development; economic; ejif; et al; finance; financial; funds; green; inclusion; international; investment; islamic; islamic finance; journal; law; malaysia; poverty; sharia; social; sukuk; university; zakat", "summary": "Accordingly, the article analyses, from the comparative law perspective, the context of two Asian countries, Malaysia and Indonesia, that are pivotal markets for developing Islamic financial instruments and that of Sub-Saharan Africa, highlighting the potentialities of Islamic finance to foster sustainable development (in particular, SDG-01 No Poverty; SDG-05 Gender Equality; SDG-08 Decent Work and Economic Growth; SDG-09 Industry Innovation and Infrastructure; SDG-10 Reduced Inequalities; SDG-11 Sustainable Cities and Communities). In particular, it is believed that the most used instrument in sustainable Islamic finance is the sukuk.", "mime": "application/pdf"}, {"id": "ejif-11201", "words": "9324", "extension": ".pdf", "flesch": "37", "author": "Mutanda, Bronson; Nomlala, Bomi Cyril", "title": "Exploring the Potential of Islamic Finance in Bridging the Financial Inclusion Gap: A Systematic Review of Literature: Exploring the Potential of Islamic Finance in Bridging the Financial Inclusion Gap", "date": "2025", "keywords": "banking; banks; countries; finance; financial; inclusion; international; islamic; islamic finance; journal; research; role; services; study", "summary": "Abbas et al. (2019) also conducted a study to describe the earnings growth and marketability generated by Islamic banks in Indonesia, and to investigate the effects of a moderated mediation model on the nexus between Islamic financial inclusion, literacy, marketability, and earnings growth. Islamic finance can contribute to the effort of including \u201cself-excluded\u201d people with religious concerns as well as people without access to financial services Ali M.M.; Sakti M.R.P.; Devi A. Developing an Islamic financial inclusion index for Islamic banks in Indonesia: a cross-province analysis 2019 5 The level of Islamic financial inclusion in Indonesia is relatively low at the national level Source: Authors\u2019 elaboration European Journal of Islamic Finance - ISSN: 2421-2172 DOI: 10.13135/2421-2172/11201 Published by University of Turin https://www.ojs.unito.it/index.php/EJIF/index EJIF content is licensed under a Creative Commons Attribution 4.0 International License 83 4.", "mime": "application/pdf"}, {"id": "ejif-11208", "words": "11406", "extension": ".pdf", "flesch": "39", "author": "Hamoudia, Hazem; Putera Perdana, Firdaus Fanny", "title": "Purepofo: A Cutting-Edge Tool for Comprehensive Halal and ESG Screening with Multi-Faceted Stock Performance Assessment", "date": "2025", "keywords": "analysis; assessment; compliance; criteria; esg; finance; growth; halal; investing; islamic; journal; metrics; non; performance; purepofo; quality; returns; screening; shariah; stocks", "summary": "The analysis shows that Halal ESG stocks deliver practical outcomes in economic stability, social welfare, and sustainability. 2.2.3 Intersection of ESG and Financial Performance Empirical evidence consistently highlights the positive correlation between ESG performance and financial returns.", "mime": "application/pdf"}, {"id": "ejif-11516", "words": "5981", "extension": ".pdf", "flesch": "32", "author": "Lokce, Ahmet; Yumusak, Ibrahim Guran", "title": "Integrating AI Technologies in Interest-Free Finance: Advancing Sector Capabilities through Innovative Model Proposals ", "date": "2025", "keywords": "benefit; data; finance; interest; islamic; model; principles; sector; sharing; study; technologies", "summary": "Introduction A digital iteration has caught up in every sector, since the inception of the internet back in the 1990, and far-reaching implications have been for financial technologies. As financial technologies continue to evolve, the potential for AI to enhance the transparency, efficiency, and compliance of interest-free financial instruments becomes increasingly pertinent.", "mime": "application/pdf"}, {"id": "ejif-11537", "words": "10626", "extension": ".pdf", "flesch": "38", "author": "Iqbal, Qayyum; Bano, Sidra; Khursheed, Muhammad Aqib", "title": "Impact of High-Performance Work System (HPWS) on Employee Job Engagement and Job Performance with Moderating Role of Islamic Work Ethics", "date": "2025", "keywords": "behavior; employee; employee engagement; employee job; engagement; hpws; islamic; iwe; job; job engagement; job performance; journal; performance; performance work; practices; relationship; work; work ethics", "summary": "HPWS and employee job performance have a strong and positive relationship, with a correlation coefficient of .412 and a p- value of less than 0.01. Despite extensive research on High-Performance Work Systems (HPWS) and their impact on employee performance and engagement, important gaps remain unaddressed.", "mime": "application/pdf"}, {"id": "ejif-12000", "words": "11433", "extension": ".pdf", "flesch": "31", "author": "Suprayitno, Aryadimas; Hasibuan, Widya Sartika", "title": "Cross-Country Comparison of Zakat Management Model for Economic Resilience: Insights from Indonesia and Malaysia", "date": "2025", "keywords": "assistance; baznas; consumption; covid-19; distribution; finance; funds; indonesia; institutions; international; islamic; journal; malaysia; management; mustahik; pandemic; social; university; zakat; zakat management", "summary": "The insights gained from zakat management in Malaysia throughout the COVID-19 pandemic underscore the importance of harmonizing corporate social responsibility with zakat distribution to enhance economic resilience. This study advances the framework for zakat distribution, contributing to informed decision-making in the realm of policy development during economic crises.", "mime": "application/pdf"}, {"id": "ejif-12489", "words": "8621", "extension": ".pdf", "flesch": "42", "author": "Muhammad, Helmi", "title": "Exploring Risk Management Practices and Fiqh Muamalat to Improve the Performance of Islamic Microfinance Institutions", "date": "2025", "keywords": "bmt; business; finance; fiqh; imfis; indonesia; institutions; islamic; journal; microfinance; muamalat; nusantara; performance; practice; research; risk; risk management; sharia; ugt", "summary": "Abstract The purpose of this study is to explore risk management practices and fiqh muamalat to improve the performance of Islamic microfinance institutions. This study highlights several substantial findings, including the successful implementation of risk management practices at IMFIs.", "mime": "application/pdf"}, {"id": "ejif-12737", "words": "8569", "extension": ".pdf", "flesch": "42", "author": "Ibrahim, Dr.Ahmad Asad; Alsaad, Ahmed M.", "title": "The Jurisprudential and Economic Foundations of Build-Operate-Transfer (BOT) Contracts and Their Role in Managing Liquidity in Islamic Banks", "date": "2025", "keywords": "b.o.t; bot; build; construction; contract; finance; government; ibn; international; islamic; law; operate; project; public; state; transfer", "summary": "Furthermore, the establishment of specialized investment funds dedicated to BOT projects would facilitate the pooling of substantial resources for financing major public and private initiatives. Atiyah, A. Q. M. Commercial, economic and social feasibility studies of BOT projects.", "mime": "application/pdf"}, {"id": "ejif-1604", "words": "6719", "extension": ".pdf", "flesch": "44", "author": "Trokic, Amela", "title": "DEVELOPING AN ISLAMIC BOSNIAN DIASPORA MUTUAL FUND: ISLAMIC FINANCE, DIASPORA PHILANTHROPY AND THE ECONOMIC DEVELOPMENT OF BOSNIA AND HERZEGOVINA", "date": "2016", "keywords": "bosnia; country; development; diaspora; fund; herzegovina; islamic; migration; philanthropy; potential; remittances; youth", "summary": "C. Developing Bosnia\u2019s Diaspora Philanthropy That Diaspora efforts and philanthropic aid to Bosnia and Herzegovina exists cannot be denied, the impressive value of remittances being sent every year is proof of this. Bosnia and Herzegovina, as a nation with a significant Diaspora population, could very well take advantage of this form of Diaspora philanthropy.", "mime": "application/pdf"}, {"id": "ejif-1609", "words": "4922", "extension": ".pdf", "flesch": "53", "author": "Miglietta, Nicola; Battisti, Enrico", "title": "Islamic and Traditional Corporate Finance: a Comparative Study on WACC", "date": "2016", "keywords": "beta; capital; companies; compliant; cost; finance; financial; islamic; lcsc; risk; shari\u2019ah; wacc", "summary": "1,3052 1,0338 1,0516 Beta unlevered 1,1128 1,0271 0,9315 0,7097 0,8015 1,0907 0,9399 0,8446 Tax rate (Damodaran, 2015) 14,50% 14,50% 14,50% 14,50% 14,50% 14,50% 14,50% 14,50% E/(E+D) 76,94% 76,00% 84,05% 80,87% 88,11% 81,30% 89,54% 77,72% D/(E+D) 23,06% 24,00% 15,95% 19,13% 11,89% 18,70% 10,46% 22,28% D/E 0,2997 0,3158 0,1898 0,2366 0,1350 0,2300 0,1168 0,2867 D 1 1 1 1 1 1 1 1 E 3,337 3,167 5,269 4,227 7,407 4,348 8,562 3,488 WACC 12,20% 11,57% 10,88% 9,25% 9,91% 12,04% 10,94% 10,24% Table 4: WACC of LCSC on Bursa Malaysia. % 77,73% 76,39% 66,74% 83,33% 60,24% 58,44% 39,06%", "mime": "application/pdf"}, {"id": "ejif-1611", "words": "4985", "extension": ".pdf", "flesch": "46", "author": "Biancone, Paolo Pietro; Shakhatreh, Mohammad Ziad", "title": "Asset Life Sukuk to Fund Utility Companies", "date": "2017", "keywords": "assets; companies; finance; infrastructure; investment; issuance; life; prof; sector; shariah; sukuk; university; utilities; utility", "summary": "[2] Many studies have focused on using Islamic finance in infrastructure investments, and many others have talked about Sukuk structures, but this study focuses on the utility sector and its investment characteristics. The paper suggests Sukuk structure with maturity according to the expected life of the underlying assets, and we called it assets life Sukuk, and by this structure: \uf0b7", "mime": "application/pdf"}, {"id": "ejif-1641", "words": "2043", "extension": ".pdf", "flesch": "53", "author": "Saad, Auwal Adam; Ibrahim, Uzaimah Bt; Napiah, Muhammad Deen Mohd", "title": "MURABAHAH SUKUK STRUCTURE: THE SHARIAH CHALLENGES AND THE WAY FORWARD", "date": "2016", "keywords": "asset; islamic; murabahah; price; prof; sukuk; university", "summary": "Despite being debt instruments, Murabahah Sukuk certificates may still be negotiable if they form a small part of a larger portfolio comprising mostly of other negotiable instruments such as Ijarah Sukuk, Musharakah, and Mudarabah Sukuk. Paper Title (use style: paper title) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Murabahah Sukuk Structure: The Shariah Challenges And The Way Forward Abstract\u2014 Murabahah Sukuk is an Islamic trust contract which includes a disclosure of the original cost and the mark up.", "mime": "application/pdf"}, {"id": "ejif-1642", "words": "7568", "extension": ".pdf", "flesch": "29", "author": "Ait Allali, Asma", "title": "Corporate governance and Corporate Social Responsibility in Islamic Banking: The case of the Moroccan banks in Italy", "date": "2016", "keywords": "banks; compliant; finance; financial; governance; islamic; islamic bank; islamic finance; italy; law; management; moroccan; participative; participatory; products; shari\u201fah; stakeholders", "summary": "Finally, given the current absence of Islamic banks in Italy, we propose a case study concerning the possible introduction of Islamic Shari\u2019ah-compliant financial products by Moroccan banks operating in Italy, after the introduction of the recent Moroccan law n\u00b0 103.12, approved on 25 November 2014, relating to the credit institutions, envisages the establishment of \u201cParticipative Banks\u201d and the offering of Shari\u2019ah-compliant financial products. Instead of the interest as a source of remuneration of its financial intermediation activities of conventional banks, Islamic banks have the basic principle of sharing the risk of losses and profits \u201cProfit and Loss Sharing\u201d (PLS) in financed transactions.", "mime": "application/pdf"}, {"id": "ejif-1644", "words": "6709", "extension": ".pdf", "flesch": "53", "author": "Syed Azman, Syed Marwan; Engku Ali, Engku Rabiah Adawiah", "title": "The potential of innovative financial tools: Social Impact Bond (SIB) and Sustainable and Responsible Investment (SRI) sukuk, towards the sustainable growth of the Islamic finance industry", "date": "2016", "keywords": "bonds; finance; financial; impact; industry; investment; islamic; malaysia; market; prof; risk; sib; social; sri; sukuk; university", "summary": "This can be done through two innovative tools: the SIB and SRI sukuk, which are relatively new, but have shown promising results from SIB and SRI programmes that have been implemented. The paper provides a reference towards understanding the mechanism and concepts of SIB and SRI sukuk.", "mime": "application/pdf"}, {"id": "ejif-1649", "words": "6867", "extension": ".pdf", "flesch": "40", "author": "Reno, Putri; Abdullah, Rose", "title": "Risk Management Innovation of Islamic Financial Institutions", "date": "2016", "keywords": "banking; business; finance; financial; gharar; institutions; islamic; management; market; need; process; prof; risk; risk management; shari\u2019ah; university", "summary": "Financial institutions face number of risks these can be classified in different ways such as business risks, operational risks and financial risks. As far as the business risks are concerned they arise from the nature of business while financial risks arise from the possible loss in financial market due to movement in financial variables.", "mime": "application/pdf"}, {"id": "ejif-1747", "words": "5455", "extension": ".pdf", "flesch": "53", "author": "Mahfudz, Akhmad Afffandi; Ahmad, Nor Hayati; Mohd Yusoff, Rosylin; Naim, Asmadi Muhamad; Ali, Turkhan", "title": "Restructuring Rental Rate Components to be More Innovative Sharia Compliance Product in Islamic Home Financing", "date": "2016", "keywords": "bank; contract; customer; financing; home; interest; islamic; issue; prof; rate; rental; sharia", "summary": "However, by introducing new innovation in MM home financing, x can be replaced by RRi (Islamic rental rate) where this paper attempts to propose a new component of rental rate as follow: (2) RPI is the monthly rental price of the property market across the types, aand locations in a specific country. This paper also recommends the solution for default payment and at the same time addresses inconsistencies of MM contract offered by Islamic banks.", "mime": "application/pdf"}, {"id": "ejif-1749", "words": "5120", "extension": ".pdf", "flesch": "54", "author": "Redzuan, Nur Harena; Kassim, Salina", "title": "House Price Index as an Alternative Pricing Benchmark for Islamic Home Financing: Evidence of Malaysia", "date": "2017", "keywords": "benchmark; financing; home; house; hpi; index; interest; islamic; model; price; pricing; rate; study", "summary": "We propose that the house price index to be a viable benchmark of the real values of property to determine the price of Islamic home financing product. Islamic home financing has been the primary business of the retail Islamic banks [22].", "mime": "application/pdf"}, {"id": "ejif-1771", "words": "8349", "extension": ".pdf", "flesch": "47", "author": "Achsien, Iggi Haruman; Purnamasari, Dien Lukita", "title": "Islamic Crowd-funding as The Next Financial Innovation in Islamic Finance: Potential and Anticipated Regulation in Indonesia", "date": "2016", "keywords": "bank; business; commerce; crowd; finance; financial; funding; growth; indonesia; industry; internet; investment; islamic; law; lending; platform; prof; regulation; sharia; university; world", "summary": "Islamic crowd funding is created to allow small and medium enterprises and individuals to access funding which may not be available otherwise through other channels. Benefits from crowd funding can be reaped and reverberate when there is greater public understanding of what it stands for.", "mime": "application/pdf"}, {"id": "ejif-1797", "words": "7920", "extension": ".pdf", "flesch": "46", "author": "Biancone, Paolo Pietro; Secinaro, Silvana", "title": "The equity crowdfunding italy: a model sharia compliant", "date": "2016", "keywords": "business; capital; companies; crowdfunding; equity; equity crowdfunding; finance; financial; impact; investment; investors; islamic; journal; platforms; prof; sharia; university", "summary": "It was decided, however, to EJIF \u2013 European Journal of Islamic Finance No 5, June (2016) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 8 identify the data and the relevant elements to attract Islamic investors, also in comparison with the experiences of equity crowdfunding in Islamic countries, such as Egypt, already cited in the theoretical analysis The data subject to evaluation were: The research aims to analyze if the platforms are sharia compliant in terms of the companies financed, and thus open up to Islamic investors.", "mime": "application/pdf"}, {"id": "ejif-1803", "words": "5810", "extension": ".pdf", "flesch": "46", "author": "Biancone, Paolo Pietro; Radwan, Maha", "title": "EUROPEAN COMPANIES: EVALUATION FOR SHARIA COMPLIANCE \u201cOPPORTUNITIES AND CHALLENGES\u201d", "date": "2016", "keywords": "companies; compliant; countries; debt; european; finance; indices; islamic; prof; screening; sharia; total; university", "summary": "An analysis for the full data for the research findings to figure out the details by country regarding their percent out of the total number of Sharia compliant companies that were found in each of the EU countries can be demonstrated in the following pie: Figure 1. Sharia complint companies by country As we can see that it was specified the first highest 12 countries then for the rest of the EU countries that represents 16 countries were summed collectively since they represent a small share.", "mime": "application/pdf"}, {"id": "ejif-1843", "words": "10074", "extension": ".pdf", "flesch": "48", "author": "Alamad, Samir", "title": "Islamic Finance Ethics and Perception of Western Consumers", "date": "2017", "keywords": "agents; compliant; component; consumer; customers; ethics; finance; financial; http://www.ojs.unito.it/index.php/ejif; islamic; journal; market; muslim; non; products; respondents; shariah", "summary": "These components are: (A) IF as a fair and ethical alternative, (B) builds strong enduring relationships, (C) dynamic and inspiring organizational structure, (D) inclusive, and (E) dependable and secure with long-term commitment to Islamic ethical financial products and services. THEORETICAL FRAMEWORK This section sets the foundations of the conventional market participant\u2019s assessment of Islamic financial products.", "mime": "application/pdf"}, {"id": "ejif-1975", "words": "7182", "extension": ".pdf", "flesch": "50", "author": "Shah, Syed Alamdar Ali; Masood, Dr. Omar", "title": "Input Efficiency of Financial Services Sector: A Non-parametric analysis of Banking and Insurance Sectors of Pakistan", "date": "2017", "keywords": "allocative; analysis; banking; banks; efficiency; financial; insurance; islamic; journal; scale; sector; services", "summary": "The Islamisation of which sector has input efficiency in financial sector? The results obtained from this study sufficiently support results from previous studies that were undertaken independently for measuring input efficiency of Islamic and conventional financial Insurance and Banking Organizations that Islamic segment financial services organizations perform better in terms of allocative efficiency, for instance", "mime": "application/pdf"}, {"id": "ejif-2047", "words": "12145", "extension": ".pdf", "flesch": "51", "author": "Bourkhis, Khawla; Najar, Mohamed Wajdi", "title": "The Effect of Ownership and Regulation on Bank Earnings Quality an investigation of the conventional and Islamic banks in MENA region", "date": "2017", "keywords": "accounting; banking; banks; earnings; earnings management; earnings quality; et al; finance; income; islamic; journal; level; loan; loss; management; mena; ownership; provisions; quality; smoothing", "summary": "Lastly, we will highlight the impact of regulation and banking supervision in emerging economies on bank earnings quality. D. Small Positive Net Income Since our main concern is to investigate ownership concentration effects on bank earnings quality, we test by a logistic regression whether the occurrence of small positive profits is associated with the existence of blocked shareholders with large ownership stakes.", "mime": "application/pdf"}, {"id": "ejif-2066", "words": "4953", "extension": ".pdf", "flesch": "54", "author": "Shakil, Mohammad Hassan", "title": "Critical assessment of the Legal Recourse for the Case of Sukuk default for the Asset-Backed Sukuk and Asset-Based Sukuk structures", "date": "2017", "keywords": "asset; capital; default; finance; holders; investors; islamic; market; prof; recourse; structure; sukuk", "summary": "Thus, cases of impairment or non-performance of Sukuk asset are directly reflected in the value of the Sukuk held by the investors. In event of default, Sukuk holders have recourse to specific assets Cash flow typically fixed or tied to a benchmark (LIBOR) Cash Flow Cash flow varies with actual performance of Sukuk assets Have been criticized as mere replication of conventional bonds Acceptance Deemed by some as \u201cmore Islamic\u201d Most Sukuk on issuance today are of this category", "mime": "application/pdf"}, {"id": "ejif-2067", "words": "5821", "extension": ".pdf", "flesch": "51", "author": "Arshed, Noman; Riaz, Shakeel; Khan, Tehseen Mohsan", "title": "Financial disintermediation and Profitability of Global Islamic Banks", "date": "2017", "keywords": "assets; banking; banks; equity; finance; financing; increase; instruments; islamic; modes; profitability; returns; trade", "summary": "COMPARISON OF FINANCING OPTIONS Musharaka & Mudaraba Ijarah & Murabaha Partnership based Rental or Markup based Pure Finance based Trade based financing Variable returns Fixed Returns Returns based on value creation Returns based on market rate Chance of loss No loss 10 15 20 25 % 2005 2010 2015 years asset Fitted values equity Fitted values Assets and Equity Growth of Islamic Banks http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 3 EJIF \u2013 European Journal of Islamic Finance Special Issue: Islamic banking & finance No7, July (2017) Islamic bank facilitates business Islamic bank facilitates trade Competitors conventional banks Competitors everyone Table 2 summarizes the both types of asset side investment options which Islamic bank commonly utilizes. FINANCING OPTIONS AND ASSETS OF ISLAMIC BANKS Since both types of instruments are permissible as per Shariah, Islamic banks make a portfolio of their assets invested mostly within these instruments to ensure their stable returns and profitability.", "mime": "application/pdf"}, {"id": "ejif-2085", "words": "3977", "extension": ".pdf", "flesch": "51", "author": "Trokic, Amela", "title": "An Analysis of Takaful: The Potential and Role in Financial Inclusion and Challenges Ahead", "date": "2017", "keywords": "development; economic; financial; growth; industry; insurance; islamic; market; population; takaful", "summary": "Remittances, financial market development, and economic growth: the case of Latin America and the Caribbean. The role that Islamic insurance, or takaful, plays in contributing to economic growth, namely in terms of increasing financial inclusion, has yet to be investigated in the literature, to the best of our knowledge.", "mime": "application/pdf"}, {"id": "ejif-2086", "words": "7121", "extension": ".pdf", "flesch": "44", "author": "Ardo, Abubakar Aliyu; SAITI, BUERHAN", "title": "Takaful Practice in Nigeria: History, Present and Futures", "date": "2017", "keywords": "act; contract; development; finance; insurance; islamic; national; nigeria; operations; operator; prof; section; shariah; takaful; university", "summary": "Moreover, Takaful operations in Nigeria is an interesting topic because Takaful operators carried out their activities without any specific legal framework guiding their operations for the entire first decade of their existence. Similarly, the research is important to Takaful operator in having a better understanding of the environment in which they operate to guide them in making sound decisions that will promote their services.", "mime": "application/pdf"}, {"id": "ejif-2091", "words": "8326", "extension": ".pdf", "flesch": "45", "author": "Gelmini, Lorenzo", "title": "Does the cultural environment matter? The case of Integrated Reporting and Islam", "date": "2017", "keywords": "accounting; bank; banking; business; finance; financial; investment; islamic; journal; principles; prof; rajhi; reporting; shari\u2019ah; social", "summary": "\u201cIt is a licensed Islamic Bank under the Islamic Financial Services Act 2013, incorporated and domiciled in Malaysia\u201d (2). \u201cDistribution of profit among the various Mudarabah depositors have been made as far as possible in accordance with the principle of Islamic Shari\u2019ah Islamic Banking and its benefits\u201d (2).", "mime": "application/pdf"}, {"id": "ejif-2100", "words": "4180", "extension": ".pdf", "flesch": "45", "author": "DRISSI, SALMA", "title": "ISLAMIC MICROFINANCE: LOCOMOTIVE IN THE SERVICE OF FINANCIAL INCLUSION", "date": "2017", "keywords": "countries; definition; development; financial; institutions; islamic; microfinance; muslim; products; prof; services; university", "summary": "Therefore, the purpose of this paper is to put into perspective the relevance of Islamic microfinance to broadening access of financial services for low-income populations, and also to present the potential barriers that can block the growth and development of Islamic microfinance institutions whether they are economic, social or structural. In a survey published by CGAP in 2007 on the development of Islamic microfinance institutions, based on 125 institutions and a team of financial experts from 19 Muslim countries, it was found that the number of clients Benefited from Islamic microfinance does not exceed 380,000 people, or about 0.5% of total clients of conventional microfinance .", "mime": "application/pdf"}, {"id": "ejif-2102", "words": "6423", "extension": ".pdf", "flesch": "37", "author": "Franco, Alberto; Sallustio, Carlo", "title": "The taxation of sukuk in the Italian context: is Italy\u2019s tax system ready for Islamic financial instruments?", "date": "2017", "keywords": "capital; finance; income; instruments; interest; islamic; issuer; prof; remuneration; sukuk; tax; taxation", "summary": "In the first case, such dividends are exempt for 50.28%, and they are subject to individual income tax (Imposta sul reddito delle persone fisiche, IRPEF) at a progressive tax rate8 On the contrary, for business entities income from capital and capital gains/losses are generally included in the determination of the taxable income, as all the income derived in a business activity is considered business income and it is subject to corporate income tax.", "mime": "application/pdf"}, {"id": "ejif-2115", "words": "3790", "extension": ".pdf", "flesch": "55", "author": "Shah, Syed Alamdar Ali; Javeria, Kiran; Masood, Omar", "title": "Consumption of Family Takaful affected by Microeconomic Factors: A Case Study of Islamic insurance Takaful in Pakistan", "date": "2018", "keywords": "business; demand; family; insurance; islamic; journal; pakistan; prof; relationship; takaful", "summary": "The other three variables i.e. saving, interest rate and inflation are having insignificant relationship with Family Takaful demand in Pakistan. \uf0b7 Contributio n per capita EJIF \u2013 European Journal of Islamic Finance No 9, April (2018) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 4 The estimated coefficients indicate that the income and stock variable are highly significant as its value is 0.00 and standardized beta value shows that there is positive relationship between stock, income with Family Takaful demand, therefore, it can said that income and stock are a strong predictor of Family Takaful consumption.", "mime": "application/pdf"}, {"id": "ejif-2211", "words": "7229", "extension": ".pdf", "flesch": "52", "author": "Khaliq, Ahmad; Mohd Thas Thaker, Hassanudin", "title": "DYNAMIC CAUSAL RELATIONSHIP BETWEEN ISLAMIC BANKING AND ECONOMIC GROWTH: MALAYSIAN EVIDENCE", "date": "2017", "keywords": "banking; development; economic; finance; financial; growth; islamic; malaysia; relationship; response; run; test; total; variables", "summary": "Among them, (Abduh & Chowdhury, 2012) and (Abduh & Omar, 2012) both verified on Islamic banking relationship and contribution towards the economic growth of Bangladesh and Indonesia was found to have a positive significant relationship both in short run and long run with the bi-directional relationship. http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 DYNAMIC CAUSAL RELATIONSHIP BETWEEN ISLAMIC BANKING AND ECONOMIC GROWTH: MALAYSIAN EVIDENCE Ahmad Khaliqa, Hassanudin Mohd Thas Thakerb a Kulliyyah of Economics and Management Studies, International Islamic University Malaysia b Faculty of Business, Accounting and Economics, HELP University, Malaysia Abstract \u2013 Islamic banking and finance have emerged as one component of a significant competitive and comprehensive market, where it is reliable with conventional financial development in term of economic contribution.", "mime": "application/pdf"}, {"id": "ejif-2230", "words": "6577", "extension": ".pdf", "flesch": "56", "author": "Rahman, Audia Syafaatur", "title": "Analysis the Gap Between BNM Regulation and MM Application in Islamic Banking", "date": "2017", "keywords": "bank; bnm; contract; customer; financing; gap; hsbc; islamic; maybank; musharakah; mutanaqisah; rate; regulation", "summary": "Accordingly, Musharakah Mutanaqisah (MM) is basically a partnership contract whereby the share of one partner as an Islamic Bank diminishes while other partner\u2019s as a customer increases until the later becomes the sole owner. Maktab Maa\u2019rul Quran, Karachi, Pakistan. EJIF \u2013 European Journal of Islamic Finance Editorial Team Editor in Chief Prof. Paolo Pietro Biancone, University of Turin, Italy Editorial Board Prof. Dian Masyita, University of Padjadjaran, Indonesia Prof. Abdulazeem Abozaid, Qatar Faculty of Islamic Studies \u2013 Qatar Prof. Ahmad Aref Almazari, King Saud University, Saudi Arabia Prof. Nidal A. Alsayyed, Inayah Islamic Finance Research Institute, USA Prof. Roberta Aluffi, University of Turin - Italy Prof. Ghassen Bouslama, NEOMA Business School - Campus de Reims, France Prof. Nazam Dzolkarnaini, Salford University, UK Prof. Kabir Hassan, University of New Orleans, USA Prof. Khaled Hussainey, University of Plymouth, UK Prof. Rifki Ismal, University of Indonesia Prof. Tariqullah Khan, Hamad bin Khalifa University, Qatar Prof. Ali Khorshid, ICMA Centre Reading University - UK Prof. Amir Kia, Utah Valley University, USA Prof. Laurent Marliere, Universit\u00e9 Paris-Dauphine France Prof. Federica Miglietta, University of Bari - Italy Prof. Hakim Ben Othman, University of Tunis - Tunisia Prof. Mohamed Ramady, King Fahd University of Petroleum and Minerals, Saudi Arabia Prof. Mamunur Rashid, Nottingham University, Malaysia Prof. Younes Soualhi, International Islamic University Malaysia Prof. Laurent Weill, University of Strasbourg, France", "mime": "application/pdf"}, {"id": "ejif-2309", "words": "3584", "extension": ".pdf", "flesch": "45", "author": "Echchabi, Abdelghani", "title": "E-Banking acceptance in Thailand: An emphasis on Islamic banks' customers", "date": "2018", "keywords": "banking; banks; customers; islamic; prof; services; use; usefulness", "summary": "I. INTRODUCTION During the past few decades, Islamic banking has emerged not only as a complementary component in modern banking systems, but has also imposed itself as viable alternative to the long existing conventional banking. It is noteworthy that Islamic banking has been introduced in Thailand since early 2003, through the Islamic Bank of Thailand (iBank).", "mime": "application/pdf"}, {"id": "ejif-2328", "words": "5821", "extension": ".pdf", "flesch": "48", "author": "Jafari Sadeghi, Vahid; Biancone, Paolo Pietro", "title": "Shariah Compliant International Entrepreneurship: A Study of Islamic Finance in Europe", "date": "2017", "keywords": "business; entrepreneurship; european; finance; food; halal; international; islamic; luxembourg; market; muslim; prof; shariah; sukuk; university; vol; work", "summary": "[11] V. Ramadani, L.-P. Dana, V. Ratten, and S. Tahiri, \u201cThe context of Islamic entrepreneurship and business: concept, principles and perspectives,\u201d Int. [34], Germany was the first European country to absorb funds from Islamic markets when, in 2004, the Sukuk bond (as an Islamic bond) the federal state of Saxony-Anhalt issued.", "mime": "application/pdf"}, {"id": "ejif-2413", "words": "5201", "extension": ".pdf", "flesch": "59", "author": "Raghibi, Abdessamad; Oubdi, Lahsen", "title": "Sukuk-Waqf: The Islamic Solution for Public Finance Deficits", "date": "2018", "keywords": "cash; finance; financing; islamic; journal; muslim; prof; property; public; structure; sukuk; university; waqf", "summary": "This paper will try to examine the concept of Waqf, cash Waqf and Sukuk Waqf is Islam and their evolution during Muslim civilization. In its fifteenth meeting, Al-mujamma\u2019 al-fiqhi (Islamic Fiqh Academy) issued a statement N\u00b0140 that confirms the permissibility of cash Waqf ending the discussion of this issue.", "mime": "application/pdf"}, {"id": "ejif-2513", "words": "3292", "extension": ".pdf", "flesch": "48", "author": "DRISSI, SALMA; ANGADE, Khadija", "title": "The displaced commercial risk and Islamic banks", "date": "2018", "keywords": "accounts; banking; banks; finance; investment; islamic; prof; rate; return; risk", "summary": "However, Islamic banks have a number of notable differences with conventional banks which explains their existence [11] demonstrate that Islamic banks are more sensitive to changes in monetary policy than conventional banks.", "mime": "application/pdf"}, {"id": "ejif-2522", "words": "7094", "extension": ".pdf", "flesch": "52", "author": "Hekmatyar, Muhammad Salahuddin; Parkar, Ebrahim", "title": "An Evaluation of Dana Gas\u2019s Mudarabah Sukuk from Shariah and Legal Perspectives", "date": "2018", "keywords": "aaoifi; case; company; contract; dana; dana gas; finance; gas; gas sukuk; islamic; law; profit; prospectus; shariah; sukuk; uae", "summary": "Barclays Capital, Citigroup, JP Morgan Source: Sukuk.com B. Dana Gas Mudharabah Sukuk Structure Concept This section will highlight the parties involved in the Dana Gas Sukuk (Dana Gas Prospectus): Illustration 1: Sukuk structure overview Source: Dana Gas sukuk Prospectus (2013) Highlights of the Dana Gas sukuk structure are as follows: Dana Gas (mudharib) conducts the mudharabah agreement with Dana Gas Sukuk Limited (trustee). As stated in the Dana Gas prospectus, the purchase undertaking is governed by English law (Dana Gas prospectus, pg 54).", "mime": "application/pdf"}, {"id": "ejif-2569", "words": "8662", "extension": ".pdf", "flesch": "50", "author": "Muedini, Fait", "title": "The Compatibility of Cryptocurrencies and Islamic Finance", "date": "2018", "keywords": "bitcoin; coins; cryptocurrencies; currencies; currency; fiat; finance; financial; gold; inflation; islamic; money; new; paper; prof; scholars; value", "summary": "So, despite critiques from a number of voices in the banking industry about Bitcoin and other digital currencies, when one looks at the behavior of the banking industry, one comes to a realization that it is not Bitcoin that should be on the defensive about its use, but rather, some current banking practices. Counter to this, Bitcoin and other digital currencies seem to be much more aligned with principles of justice and social fairness, characteristics valued in Islamic jurisprudence.", "mime": "application/pdf"}, {"id": "ejif-2570", "words": "5423", "extension": ".pdf", "flesch": "54", "author": "Khattak, Mudeer Ahmed", "title": "Protection and Distribution of Wealth, Islamic Commercial and Financial Transactions: A Maqasid Al-Shariah perspective", "date": "2018", "keywords": "circulation; contract; finance; islamic; maqasid; money; objectives; prof; shariah; shari\u2019ah; society; university; wealth", "summary": "Prepared by: Mudeer Ahmed Khattak Student ID: 15 http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Protection and Distribution of Wealth, Commercial and Financial Transactions: Maqasid al-Shariah perspective Mudeer Ahmed Khattak*, *Universiti Kuala Lumpur Business School, Universiti Kuala Lumpur Abstract--This research discusses briefly about the Maqasid al- Shari\u2019ah, in the reference to protection and distribution of wealth in society as well as its relevance in commercial and financial transactions in Islamic Finance and on society. Keywords--Maqasid Al-Shari\u2019ah; Wealth; Islamic Finance; Commercial and Financial Transactions; Implications of Maqasid al-Shariah Methodology/Design\u2014This paper is a discussion on different aspects of how we can achieve the protection and distribution of wealth in commercial and Financial transactions following Objectives of Shariah.", "mime": "application/pdf"}, {"id": "ejif-2584", "words": "5375", "extension": ".pdf", "flesch": "55", "author": "Haider, Syed Wajahat", "title": "Impact of Interest Rate, Inflation Rate, Exchange Rate and Gold Prices on Karachi Meezan Index 30", "date": "2018", "keywords": "exchange; exchange rate; gold; index; inflation; interest; interest rate; prices; rate; relationship; stock; variables", "summary": "N mean sd min max KMI 30 Index 60 40,850 13,595 20,062 66,163 Interest Rate 60 0.0949 0.0204 0.0625 0.140 Inflation Rate 60 0.0689 0.0319 0.0132 0.124 Exchange Rate 60 98.99 5.892 86.12 107.7 Gold Price 60 136,758 15,207 112,728 166,668 If we look at Table.1 we will notice that interest rate and inflation rate data is symmetric but since, KMI 30 Index, exchange rate and gold price data are in different units so we should make them symmetric for our model. Stock markets are supposed to be affected by different financial and macro- economic variables such as gold and oil prices, inflation rate, interest rate, exchange rate and unemployment rate etc.", "mime": "application/pdf"}, {"id": "ejif-2631", "words": "6764", "extension": ".pdf", "flesch": "48", "author": "Rezaei, Mojtaba", "title": "Islamic Accounting laws or Islamic laws in Accounting", "date": "2018", "keywords": "accounting; business; finance; international; islamic; journal; muslim; prof; riba; sharia; standards; university; western; zakat; zakatable", "summary": "Paper Title (use style: paper title) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Islamic Accounting laws or Islamic laws in Accounting University of Turin, Italy \u2013 mojtaba.rezaei@edu.unito.it Abstract\u2014 in the academic and professional circles in accounting, the issue of Islamic accounting has always been challenging and controversial. Therefore, Muslim scholars should provide a definition for accounting in Islamic countries and clarify the reporting requirements by simplifying the goals and characteristics of Islamic accounting.", "mime": "application/pdf"}, {"id": "ejif-2635", "words": "7277", "extension": ".pdf", "flesch": "54", "author": "Kahwaji, Ahmad Taha", "title": "Contingency Planning in Traditional and Islamic Banks During the Crisis in Syria: Crisis Management Perspective", "date": "2018", "keywords": "banking; banks; business; contingency; credit; crisis; crisis management; islamic; journal; management; planning; prof; risk; syria; traditional; university", "summary": "Banks management should increase employee's awareness of crisis management plans and conduct training to identify the likeliest to happen crisis, it should focus on the employee's EJIF \u2013 European Journal of Islamic Finance No 9, April (2018) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 10 loyalty and commitment to ensure that they won't leave the institutions during the crisis. Keywords- Contingency planning, Traditional banks, Islamic banks, crisis management, Syria.", "mime": "application/pdf"}, {"id": "ejif-2667", "words": "6436", "extension": ".pdf", "flesch": "50", "author": "Ibrahim, Mohammed Lawal", "title": "WAQF: A CONTRIBUTORY TOOL FOR BRIDGING INFRASTRUCTURAL DEFICIT IN NIGERIA", "date": "2018", "keywords": "cash; deficit; development; expenditure; finance; funds; government; infrastructure; islamic; nigeria; prof; public; revenue; system; total; university; waqf", "summary": "And also if Tt is increased via waqf funds, then it will also increase Gt. Other users of waqf revenues include health services which cover construction of hospitals and spending on physicians, apprentices, patients, and medicines.", "mime": "application/pdf"}, {"id": "ejif-2739", "words": "4095", "extension": ".pdf", "flesch": "49", "author": "Muksal, Muksal", "title": "The Impact of Non-Performing Financing (NPF) to Profitability (Return On Equity) at Sharia Bank in Indonesia", "date": "2018", "keywords": "bank; effect; equity; financing; non; npf; profitability; return; roe; sharia; test", "summary": "Thus, causing high Non Performing Financing (NPF) in sharia banks can give an illustration will negatively affect the profitability of sharia banks. VI. The results showed that the variable Non Performing Financing (NPF) has a negative and significant effect on Return On Equity (ROE) with a value t greater than 0.005.", "mime": "application/pdf"}, {"id": "ejif-2758", "words": "7945", "extension": ".pdf", "flesch": "53", "author": "Nugroho, Lucky; Villaroel, Wayra; Utami, Wiwik", "title": "The Challenges of Bad Debt Monitoring Practices in Islamic Micro Banking", "date": "2018", "keywords": "banking; branch; business; cengkareng; clients; conventional; duri; enforcement; financing; islamic; journal; kosambi; manager; micro; microfinance; monitoring; npf; risk; staff", "summary": "Keywords\u2014Islamic Micro banking, Monitoring, Non- performing financing, portfolio quality JEL classification: G02, G14, G21 I. INTRODUCTION In the last thirty years, Islamic bank has been developing, and it started in Egypt 1970 as an initiative in the rural area. Since that time Islamic bank it has been spread around the world especially for those countries with dominant Muslim population (Iqbal & Molyneux, 2016).", "mime": "application/pdf"}, {"id": "ejif-2762", "words": "6774", "extension": ".pdf", "flesch": "42", "author": "Mukminin, Khairul", "title": "HOW CLOSE ISLAMIC BANKS ARE TO GLOBAL FRAUD- LEARNINGS FROM DUBAI ISLAMIC BANK IN THE TIME OF SUB-PRIME CRISIS", "date": "2018", "keywords": "bank; banking; case; crisis; dib; dubai; finance; financial; fraud; islamic; management; plantation; prof; public; risk; university", "summary": "Source: DIB Annual Report 2007 3) Overdependence on the Security Pledged It should be borne in mind that Islamic financial institutions (IFIs) should have an awareness of the root of the sub-prime mortgage crisis whereby it initially originated from \u2018poor credit background\u2019 borrowers. The UAE, in which Dubai is the central real estate in the GCC, has its idiosyncratic magnetism in investing activities, particularly from Islamic financial industries.", "mime": "application/pdf"}, {"id": "ejif-2811", "words": "3290", "extension": ".pdf", "flesch": "52", "author": "Hamed, Mustafa Mahmoud", "title": "A qualitative framework to learn from Failures: reducing risks and developing effective financial policies", "date": "2018", "keywords": "failure; framework; learning; policies; policy; prof; studies; university", "summary": "Keywords- financial policy disasters; policy failure; policy learning; policy improvement; policy risks. Policy failures can also cause electoral and reputational damage to governments, and even lead to the downfall of public officials, politicians, governments and regimes", "mime": "application/pdf"}, {"id": "ejif-2818", "words": "4801", "extension": ".pdf", "flesch": "46", "author": "Biancone, Paolo Pietro; Radwan, Maha", "title": "Social Finance And Unconventional Financing Alternatives: An Overview", "date": "2018", "keywords": "development; finance; financial; financing; impact; instruments; islamic; prof; sharia; university; waqf", "summary": "Islamic finance instruments requires that all financial transactions following the Sharia doctrine. Islamic finance with its unconventional wide range instruments represents a possible potentiality for offering innovative financing alternative.", "mime": "application/pdf"}, {"id": "ejif-2832", "words": "5957", "extension": ".pdf", "flesch": "48", "author": "Satar, Norizan; Kassim, Salina", "title": "Issues and Challenges in Financing the Poor: Lessons Learned from Islamic Microfinance Institutions", "date": "2020", "keywords": "aim; bmt; business; cost; financing; income; indonesia; institutions; islamic; issues; journal; microfinance", "summary": "People who live closer to BMT will have easier access to financing since it will reduce the cost of monitoring because it does not require BMT staff to take public transportation that would acquire a cost. According to the research conducted by Universitas Islam Indonesia, majority of BMT administrators lack knowledge and experience in managing Islamic finance institution, therefore in practice, BMT often deviate from Islamic principles and cannot be efficient in business management.", "mime": "application/pdf"}, {"id": "ejif-2856", "words": "8672", "extension": ".pdf", "flesch": "42", "author": "Mukminin, Khairul", "title": "PROFIT MAXIMIZATION IN ISLAMIC BANKING: AN ASSEMBLAGE OF MAQASID SHARIAH CONCEPTION", "date": "2019", "keywords": "act; bank; banking; business; finance; financial; islamic; law; maqasid; muslim; person; profit; protection; right; shariah; university; zakat", "summary": "However, since in many Muslim countries, Islamic banks exist in dual banking system whereby banking industries either shariah-based or conventional are controlled, influenced, and regulated by local or national government, thus it is important to examine the commonly-employed term in Islamic law with other jurisdictions in which IB is governed and acted toward legal person. For instances in several academic writings of Maqasid Shariah which proposes and urge major stakeholders of Islamic banks, they have fancy for IBs to implement social plus environmental responsibility, equality in terms of distribution of income, and alleviation of poverty to name a few.", "mime": "application/pdf"}, {"id": "ejif-2880", "words": "5620", "extension": ".pdf", "flesch": "48", "author": "DRISSI, SALMA; ANGADE, KHADIJA", "title": "ISLAMIC FINANCIAL INTERMEDIATION THE EMERGENCE OF A NEW MODEL", "date": "2019", "keywords": "activity; banking; banks; finance; financial; funds; intermediation; islamic; islamic bank; prof; risk; system; university", "summary": "A. Presentation of Islamic banks It is true Islamic banks present themselves as institutions whose main activity is financial intermediation in the developed sense. In other words, the Islamic financial intermediation has distinctive characteristics because, in addition to its economic vocation which shares it with its conventional counterparts, they support a social and ethical vocation constituting the specificity of Islamic banks in terms of intermediation.", "mime": "application/pdf"}, {"id": "ejif-3038", "words": "7060", "extension": ".pdf", "flesch": "45", "author": "Corvo, Luigi; Pastore, Lavinia", "title": "The challenge of Social Impact Bond: the state of the art of the Italian context", "date": "2019", "keywords": "analysis; context; european; finance; financial; impact; islamic; pay; prof; project; research; results; role; sibs; social; university", "summary": "Therefore, public service is considered crucial to re-balance the distribution of value among citizens through resources collected by general taxation. Against this, SIBs are celebrated for their rationalized, evidence-based approach and their promise to introduce financial discipline and entrepreneurial spirit to public service delivery (Liebman, 2011; Mair and Milligan, 2012, p. 27)\u201d.", "mime": "application/pdf"}, {"id": "ejif-3064", "words": "6969", "extension": ".pdf", "flesch": "48", "author": "Papa, Massimo; Santostasi, Eugenio", "title": "Real Estate, Usufruct Right and the Issue of the Waqf Assets in Egypt.", "date": "2019", "keywords": "art; code; companies; egypt; egyptian; investment; islamic; land; law; ownership; prof; property; right; usufruct", "summary": "More in details, until 1951 foreigners investores had been entitled to own land in Egypt but in that year, Law No. 37 was enacted prohibiting the ownership of agricultural land by non- Egyptians. In 1974, Law No. 43 on \u201cInvestment of Arab and Foreign Capital and the Freezone\u201d[2] established that companies created under this Law are permitted to own urban land, but in 1976, Law No. 81 forbided, with certain exceptions 20 , the acquisition by foreigners of urban land wheter it is vacant or wheter it as been upon.", "mime": "application/pdf"}, {"id": "ejif-3065", "words": "6686", "extension": ".pdf", "flesch": "35", "author": "Litardi, Irene; Fiorani, Gloria; Harb, Denise", "title": "Corporate Social Responsibility in Islamic Culture. Comparison between Western CSR and Islamic CSR: focus on Islamic Reporting Initiative and Islamic Financial Institution.", "date": "2019", "keywords": "activities; approach; business; csr; finance; financial; initiative; iri; islamic; prof; reporting; responsibility; social; university", "summary": "Comparison between Western CSR and Islamic CSR: Focus on Islamic Reporting Initiative and Islamic Financial Institution. In particular, descriptive analysis of Islamic Financial Istitution (IFI), which offer alternatives to the commercial activities that Shari'ah prohibits, to answer to the dichotomy between the need to trade with the West and to follow the commands of Islam (Taman, 2011); b) a qualitative comparative analysis between Islamic CSR (ICSR) and conventional CSR c) a documental analysis (Bowen, 2009) of the Islamic network that implements CSR strategies, policies and practices in Islamic Societies (IRI- Islamic Reporting Initiatives) supported by an ad-hoc interview held with an IRI\u2019s Staff member.", "mime": "application/pdf"}, {"id": "ejif-3073", "words": "3782", "extension": ".pdf", "flesch": "41", "author": "SALVI, ANTONIO; ZITO, MARIANNA; CARAGNANO, ALESSANDRA", "title": "Does it pay to be Shariah-compliant? Evidence from the European stock market", "date": "2019", "keywords": "analysis; beta; companies; compliant; finance; islamic; performance; prof; sample; shariah", "summary": "In particular, during the recent recession, Shariah-compliant companies obtained better periodical stock market returns and even in the event of negative returns, losses posted by these companies were lower than those of conventional companies. TABLE I. COMPARISON BETWEEN SHARIAH-COMPLIANT AND CONVENTIONAL STOCK RETURNS ON A SECTOR-LEVEL", "mime": "application/pdf"}, {"id": "ejif-3074", "words": "3339", "extension": ".pdf", "flesch": "36", "author": "Papa, Massimo; Petrucciano, Francesco", "title": "Development and perspectives of ethical finance in Iran", "date": "2019", "keywords": "country; development; economy; finance; iran; islamic; prof; system; university", "summary": "[7] ABDOLMOHAMMADI P., CAMA G., L\u2019Iran contemporaneo, 2015, Milano, Mondadori Universit\u00e0 [8] WHEFNER W.R., Islamic Law and Society in the Modern World, 2011, Bloomington, Indiana University Press EJIF \u2013 European Journal of Islamic Finance Editorial Team Editor in Chief Prof. Paolo Pietro Biancone, University of Turin, Italy Editorial Board Prof. Dian Masyita, University of Padjadjaran, Indonesia Prof. Abdulazeem Abozaid, Qatar Faculty of Islamic Studies, Qatar Prof. Ahmad Aref Almazari, King Saud University, Saudi Arabia Prof. Marco Meneguzzo, Universit\u00e0 degli Studi di Roma Tor Vergata, Italy Prof. Nidal A. Alsayyed, Inayah Islamic Finance Research Institute, USA Prof. Roberta Aluffi, University of Turin, Italy Prof. Ghassen Bouslama, NEOMA Business School, Campus de Reims, France Prof. Nazam Dzolkarnaini, Salford University, UK Prof. Kabir Hassan, University of New Orleans, USA Prof. Khaled Hussainey, University of Plymouth, UK Prof. Rifki Ismal, University of Indonesia Prof. Tariqullah Khan, Hamad bin Khalifa University, Qatar Prof. Ali Khorshid, ICMA Centre Reading University, UK Prof. Amir Kia, Utah Valley University, USA Prof. Laurent Marliere, Universit\u00e9 Paris-Dauphine, France Prof. Federica Miglietta, University of Bari, Italy Prof. Hakim Ben Othman, University of Tunis, Tunisia Prof. Mohamed Ramady, King Fahd University of Petroleum and Minerals, Saudi Arabia Prof. Mamunur Rashid, Nottingham University, Malaysia Prof. Younes Soualhi, International Islamic University, Malaysia Prof. Laurent Weill, University of Strasbourg, France http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Development and perspectives of ethical finance in Iran Massimo Papa and Francesco Petrucciano Centro Interdisciplinare per gli Studi sul Mondo Islamico \u201cFrancesco Castro\u201d (CISMI), University of Rome Tor Vergata , massimo.papa@uniroma2.it Centro Interdisciplinare per gli Studi sul Mondo Islamico \u201cFrancesco Castro\u201d (CISMI), University of Rome Tor Vergata , francesco.petrucciano@alumni.uniroma2.eu Abstract\u2014 Iran has a rich and old tradition of ethical finance and economics.", "mime": "application/pdf"}, {"id": "ejif-3141", "words": "7544", "extension": ".pdf", "flesch": "51", "author": "Naqvi, Imran Muhammad Haider; Shafique, Bushra; Khan, Adeel Ahmad", "title": "Shariah Compliant Model of Currency Management: Expanding Landscape from Micro to Macro Level Research", "date": "2019", "keywords": "compliant; currency; european; finance; islamic; journal; money; prof; quran; riba; shariah; study; university", "summary": "Learning from these mentioned sources of Islamic studies we learnt that Imam Ali bin Abu Talib (AS), the forth Islamic caliph considered the following factors for the production and distribution of coins: In Islamic currency management as taxation is identified to be a key factor, the study proposes that the modern taxation should be according to the guidelines provided by Quran and Sunnah.", "mime": "application/pdf"}, {"id": "ejif-3176", "words": "5624", "extension": ".pdf", "flesch": "47", "author": "Biancone, Paolo Pietro; Radwan, Maha", "title": "Social Finance and Financing Social Enterprises: An Islamic Finance Prospective", "date": "2019", "keywords": "enterprises; finance; financial; financing; impact; instruments; islamic; prof; sharia; sukuk; vol", "summary": "The paper provides insights for researchers, decision makers, and practitioners of how Islamic finance provide valid financing tools for social finance through mobilizing private funds allocated from investors who seeks investments that generate both social and economic value. Keywords- Social finance; Islamic finance; Impact finance; Social enterprises; Sharia compliant I. INTRODUCTION", "mime": "application/pdf"}, {"id": "ejif-3178", "words": "4813", "extension": ".pdf", "flesch": "37", "author": "Maggi, Davide; Rossi, Noemi; Faiznia, Mazdak; Houshmand, Hirad", "title": "Community Foudations: main characteristics and trends \u2013 A comparison between Islamic Republic of Iran and Italy", "date": "2019", "keywords": "community; cultural; culture; finance; fondazione; foundations; iran; islamic; organizations; prof; profit; revolution; university", "summary": "THE MISSION OF FOUNDATIONS Over the last 20 years, many local authorities have been supported and aided by an \u00abanomalous political player\u00bb, still relatively unknown in Italy: community foundations. In Italy, community foundations were founded after a law was issued to reorganize the Italian banking system that brought about a major change in how banking foundations were structured, as banks were now required to make a clear distinction between their lendings and charity work5.", "mime": "application/pdf"}, {"id": "ejif-3184", "words": "4438", "extension": ".pdf", "flesch": "57", "author": "Rahman, Sisili", "title": "A Comparative Study of Stability & Consumer Confidence between Islamic & Conventional Banks in Bangladesh", "date": "2019", "keywords": "banking; banks; cause; conventional; finance; granger; islamic; journal; pbt; prof; stability; vol", "summary": "The study finds that despite having lower liquidity Islamic banks are able to provide higher consumer confidence levels than conventional banks. Islamic banks have reported very small Non performing asset (NPA), and shown a positive and significant relationship with liquidity implying that during the crisis Islamic banks tend to take rigid risk strategies compared to conventional banks.", "mime": "application/pdf"}, {"id": "ejif-3214", "words": "8983", "extension": ".pdf", "flesch": "61", "author": "Azrai Azaimi Ambrose, Azniza Hartini; Aslam, Mohamed; Hanafi, Hanira", "title": "Waqf Financing Expenditure and its Impact on Government Debt", "date": "2019", "keywords": "cash; debt; economic; economy; equation; expenditure; finance; goods; government; islamic; journal; malaysia; model; public; sector; state; waqf; \ufffd \ufffd", "summary": "I=\u03050.07K \ufffd (6.5) R\ufffd=0.1009 Rr\ufffd\ufffd\ufffd=0.03093 \ufffd Y \ufffd 0.5311 \ufffd I=\u03050.1318Y\ufffd (6.7)", "mime": "application/pdf"}, {"id": "ejif-3260", "words": "8262", "extension": ".pdf", "flesch": "46", "author": "Biancone, Paolo Pietro; Secinaro, Silvana; Kamal, Mohamad", "title": "Crowdfunding and Fintech: business model sharia compliant", "date": "2019", "keywords": "bank; business; companies; compliant; crowdfunding; debt; equity; finance; financial; financing; fintech; interest; investors; islamic; platforms; prof; project; services; sharia", "summary": "The general regulations are the same for both conventional and Shari\u2019a compliant financing based crowdfunding platforms. In fact, equity crowdfunding platforms allow retail investors to access private equity investments, typically start-ups or early- stage companies.", "mime": "application/pdf"}, {"id": "ejif-3269", "words": "5500", "extension": ".pdf", "flesch": "44", "author": "Khavarinezhad, Sepideh; Biancone, Paolo Pietro", "title": "FUTURE TRENDS AND FINANCE APPROACHES IN ISLAMIC BANKING", "date": "2019", "keywords": "banking; banks; customers; finance; financial; growth; industry; instruments; islamic; market; products; prof; university", "summary": "[24] S. A. Metawa and M. Almossawi, \u201cBanking behaviour of Islamic bank customers: perspectives and implications,\u201d International Journal of Bank Marketing, vol. 16, no. 7, pp. Despite the fact that the growth of Islamic banking in recent years has promising a bright future in this area, it is imperative that Islamic financial institutions and Islamic banks do many things.", "mime": "application/pdf"}, {"id": "ejif-3301", "words": "11538", "extension": ".pdf", "flesch": "52", "author": "Zafar, Sajjad Hussain; Siddiqui, Danish A", "title": "Impact of Asymmetric Information in Islamic Financial contract: An Empirical Analysis", "date": "2019", "keywords": "assets; bank; banking; contract; credit; customer; finance; financial; financing; hazard; information; interest; islamic; istisna; journal; model; murabaha; profit; rate; risk; selection", "summary": "Asymmetric information; Islamic financial contracts; Istisna; Murabaha; Islamic bank; Pakistan; I. INTRODUCTION 1.1. Islamic banks extend financing on the basis of Sharia compliant mode of contract while conventional banks provide financing on the basis of loan and interest.", "mime": "application/pdf"}, {"id": "ejif-3543", "words": "8027", "extension": ".pdf", "flesch": "52", "author": "Uddin, Md Akther; Ali, Md Hakim; Radwan, Maha", "title": "CAN GDP GROWTH LINK INSTRUMENT BE USED FOR ISLAMIC MONETARY POLICY?", "date": "2019", "keywords": "countries; economic; economy; finance; gdp; gdp growth; growth; growth rate; inflation; interest; interest rate; islamic; money; oic; policy; rate", "summary": "Therefore, an attempt has been made to develop two models to compare and see whether real interest rate or GDP growth rate can better reflect and predict the monetary policy outcome. The results tend to show that all the key monetary economics variables, at both cross-country and country level, can explain real GDP growth rate better than real interest rate.", "mime": "application/pdf"}, {"id": "ejif-3620", "words": "7465", "extension": ".pdf", "flesch": "54", "author": "Mukhibad, Hasan", "title": "THE ROLE OF SHARIA SUPERVISORY BOARDS IN MEETING MAQASID SYARIAH \u2013 STUDY ON ISLAMIC BANKS IN INDONESIA", "date": "2019", "keywords": "banks; company; corporate; ethics; governance; indonesia; islamic; maqasid; performance; profitability; ssb; syariah; vol", "summary": "Islamic banks in Indonesia still make financial performance the measure of bank performance in the same way as conventional banks do. Asutay & Harningtyas (2015), who examined 13 Islamic banks in six countries, produced findings showing that the performance of Maqasid Syariah Islamic banks was still low and there were no differences in the level of Maqasid Syariah between countries.", "mime": "application/pdf"}, {"id": "ejif-3623", "words": "5683", "extension": ".pdf", "flesch": "55", "author": "Khaliq, Ahmad; Hussin, Nazimah; Haji Mohammad, Mohammad Tahir Sabit", "title": "WAQF UNIT TRUST AS AN ALTERNATE MODEL TO REALIZE WAQF SUSTAINABILITY", "date": "2019", "keywords": "assets; cash; development; finance; financing; investment; islamic; malaysia; management; market; prof; trust; unit; university; waqf", "summary": "The aim of this paper is to revisit the literature on the issue of illiquidity of Waqf assets and eradicate the dependency on government provision. To ensure the sustainability of Waqf institutions, financing apparatus primarily designed for Waqf assets are explored.", "mime": "application/pdf"}, {"id": "ejif-3735", "words": "4927", "extension": ".pdf", "flesch": "47", "author": "Kustiningsih, Nanik; Atmadja, Soesilowati Soema; Shah, Syed Alamdar Ali", "title": "Demystifying the Theoretical Framework of Research in Islamic Finance: A Review of Literature", "date": "2019", "keywords": "banking; capitalism; countries; finance; financial; institutions; islamic; journal; prof; research; socialism; university; world", "summary": "Hence, it will be very crucial to gauge the progress of Islamic finance research in this era which will also help identify what factors have caused success to Islamic finance in various parts of the world, and who have benefitted from it to heal; who to heal and develop; and who to develop straight away. This research takes insights into the research on Islamic finance before and after the occurrence of financial crisis to rediscover its linkages with Islamic socialism and capitalism across international boundaries to establish grounds of Islamic finance theoretical framework.", "mime": "application/pdf"}, {"id": "ejif-3736", "words": "6003", "extension": ".pdf", "flesch": "45", "author": "Chowdhury, Mohammad Abdul Matin; Abdul Razak, Dzuljastri Bin", "title": "Dynamism and mechanism of digital currency (cryptocurrency) towards Islamic finance", "date": "2019", "keywords": "cryptocurrency; currencies; finance; gold; islamic; journal; money; prof; shariah; system; technology; value", "summary": "Keywords: Digital currency, Cryptocurrency, Islamic cryptocurrency, halal currency, Islamic financial technology, Islamic finance and banking I. INTRODUCTION In this scenario, it is cleared that there is huge potential for developing cryptocurrency as Islamic cryptocurrency through shariah compliant mechanism.", "mime": "application/pdf"}, {"id": "ejif-3742", "words": "10526", "extension": ".pdf", "flesch": "49", "author": "Ali, Abdilatif Mao", "title": "Analysis of the Determinants of Capital Adequacy Ratio: The Case of Full-Fledged Islamic Banks in the Gulf Cooperation Council (GCC)", "date": "2019", "keywords": "adequacy; assets; banking; banks; capital; car; finance; financial; financing; gcc; islamic; journal; level; operating; ratio; size; study; total; variables; vol", "summary": "As compared to the conventional banks, Islamic banks in the GCC remained relatively resilient to the spill-overs of the GFC up until it spread out to the real economy [6]. According to the IMF report [13], Islamic banks in Saudi Arabia claimed the biggest portion in terms of market power in the GCC Islamic banking industry with a 29% market share, which is 1 percent more than the market share of UAE Islamic banks in region that stood at 28% in 2016.", "mime": "application/pdf"}, {"id": "ejif-3750", "words": "4573", "extension": ".pdf", "flesch": "37", "author": "Mohd Isa, Mohd Yaziz Bin; Mohamed, Zulkifflee Bin", "title": "Insaniah (humanistic) economics of waqf: From IR 4.0 to a human-centered tawhidic society 5.0", "date": "2020", "keywords": "economics; european; finance; human; insaniah; islamic; journal; management; society; tawhidic; waqf", "summary": "It is a society that aimsat human beings, the ummah, providing breadth as a shared concept to them. The dignity of human being lies in its ability to define the purpose of its existence.", "mime": "application/pdf"}, {"id": "ejif-3813", "words": "4755", "extension": ".pdf", "flesch": "50", "author": "Kamdzhalov, Miroslav", "title": "Islamic Finance and the New Technology Challenges", "date": "2020", "keywords": "blockchain; economy; finance; financialization; financing; inequality; islamic; prof; technology; university; value; world", "summary": "From here the following definition of \u2018Islamic financial institutions performing Islamic financial operations\u2019 can be derived: Islamic financial institutions are those, whose objectives and operations are firmly based on the principles of the Quran and the sunnah. Following the principles of Islamic financial contracts, we would compare them to the aforementioned smart ones.", "mime": "application/pdf"}, {"id": "ejif-3831", "words": "4538", "extension": ".pdf", "flesch": "47", "author": "Alam, Md. Tanvir", "title": "A Comparative Study of CSR Practices of Islami Shariah Based PCBs and Conventional PCBs in Bangladesh", "date": "2020", "keywords": "areas; bangladesh; banks; csr; disaster; education; expenditure; health; islami; pcbs; shariah; sports", "summary": "CSR expenditure of Mercantile bank Limited from 2015- 2018(figure in million TK) Year Sector 2015 2016 2017 2018 Total Disaster Management 17.30 33.70 80.91 74.40 206.31 Education 16.90 17.60 63.70 22.80 121.02 Health 49.20 10.90 11.44 10.10 81.64 Social Development -- -- -- -- -- Arts, Sports & Culture 7.30 2.70 2.60 8.50 21.1 Environment -- -- -- -- -- Others 2.60 2.00 27.60 6.50 38.7 Total 93.30 66.90 186.25 122.30 468.75 Table 8: Preferred CSR areas on basis of expenditure (largest to smallest): Disaster management, Education, Health, Others, Arts-Sports & culture. METHODOLOGY This study intends to find out the trends and preferences for CSR expenditure of both Conventional private commercial banks and Islami Shariah based private commercial banks.", "mime": "application/pdf"}, {"id": "ejif-3845", "words": "5282", "extension": ".pdf", "flesch": "53", "author": "MNIF, Emna; JARBOUI, Anis", "title": "Islamic view towards Bitcoin", "date": "2020", "keywords": "bitcoin; data; ejif; emotions; finance; google; islamic; model; results; search; sentiment; tweets; twitter; volatility", "summary": "The obtained measures of Twitter sentiment (TWM) are averaged in each day. More optimistically, others have argued for predictive models based on search query data (Varian and Hal, 2015) and social media sentiments data (Ruths et al., 2014) and (Asur, 2010).", "mime": "application/pdf"}, {"id": "ejif-3983", "words": "3844", "extension": ".pdf", "flesch": "53", "author": "Hamza, Osama", "title": "Smart Sukuk Structure from Sharia Perspective and Financing Benefits: Proposed Application of Smart Sukuk through Blockchain Technology in Islamic Banks within Turkey", "date": "2020", "keywords": "bank; blockchain; islamic; issuance; participation; smart; sukuk; technology; transactions", "summary": "The world first innovation in smart Sukuk introduced by blossom finance, the facility endeavored to change the conventional ways of Sukuk issuance using the Blockchain. Source: Bloomberg In general, the figures indicate to an increase in the rate of issuance Sukuk in Turkey that is amounted TRY 37,189 Billion in 2017 and TRY 68,457 Billion in 2018, which means the Increase by more than 64% in one year as illustrated in Chart 3B. Chart 3B: DOMESTIC TURKISH LIRA SUKUK ISSUED VALUME (MILLION TRY 2010-2018)", "mime": "application/pdf"}, {"id": "ejif-3992", "words": "6912", "extension": ".pdf", "flesch": "40", "author": "Saad, Auwal Adam; Alhabshi, Sayed Musa; Noor, Azman Bin Mohd; Hassan, Rusni", "title": "ROBO-ADVISORY FOR ISLAMIC FINANCIAL INSTITUTIONS: SHARI\u2019AH AND REGULATORY ISSUES", "date": "2020", "keywords": "advisors; banking; finance; financial; industry; institutions; islamic; islamic finance; issues; management; robo; services; shari\u2019ah", "summary": "Abstract\u2014 Artificial intelligence (AI) is the next global game changer in all big data and other technology-based platforms including Islamic financial services. And since these Robo-Advisors are allegedly swift and smarter to support human judgment this might help achieve more timely, effective and efficient design and delivery of Islamic financial services.", "mime": "application/pdf"}, {"id": "ejif-4036", "words": "6721", "extension": ".pdf", "flesch": "46", "author": "Ahmed, Mohammed Ibrahim", "title": "THE PROGRESS TO ALLOW FULLY FLEDGED INTEREST FREE BANKING BUSINESS IN ETHIOPIA", "date": "2019", "keywords": "application; banking; banking business; banks; directive; ffifbb; interest; islamic; nbe; proclamation", "summary": "The 1stway is, it allowed establishing new FFIFBB; the 2ndway is, it allowed converting existing conventional banks to FFIFBB; the 3rdway is, it gives permission for conventional banks to participate on IFBB through opening windows exclusively reserved for the same. EJIF \u2013 European Journal of Islamic Finance No 14, December (2019) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 4 conventional banks to FFIFBB; and the 3rd way is for conventional banks to participate on IFBB through opening windows exclusively reserved for the same.", "mime": "application/pdf"}, {"id": "ejif-4104", "words": "3185", "extension": ".pdf", "flesch": "45", "author": "Salehuddin, Sharullizuannizam; Iskandar Mirza, Azrul Azlan; Nawi, Ahmad Saufe", "title": "The Concept, Structure and Epistemological Development: Musharakah Tijariah Cross-Border Financing", "date": "2020", "keywords": "bank; business; capital; financing; islamic; musharakah; risk; venture", "summary": "B. Credit Risk In Musharakah financing, banks restrict their role in the monitoring of a company\u2019s performance without interfering too much both its partner\u2019s both management and confidentiality that do not relate to the specific joint venture project. The legal documents must clearly stipulate: \uf0b7 Purpose of Musharakah venture.", "mime": "application/pdf"}, {"id": "ejif-4145", "words": "6280", "extension": ".pdf", "flesch": "51", "author": "Valeri, Marco; Fondacaro, Rosario; De Angelis, Cinzia; Barella, Andrea", "title": "The use of cryptocurrencies for hawala in the Islamic finance", "date": "2020", "keywords": "blockchain; cryptocurrencies; currency; european; finance; financial; hawala; islamic; islamic finance; journal; laundering; money; paper; system", "summary": "The research has been conducted by a literature reviewing on Scopus data base by searching the following keywords: Islamic finance, cryptocurrencies, hawala, stablecoin, globalcoin, money laundering, blockchain. The originality/value of this paper is that it covers the literature gap in the field of new fintech solutions applied to Islamic finance by providing a likely proposal by integrating popular tradition, regulations and new technologies.", "mime": "application/pdf"}, {"id": "ejif-4156", "words": "7270", "extension": ".pdf", "flesch": "40", "author": "Campra, Maura; Pucci, Sabrina; Brescia, Valerio", "title": "Can the Dow Jones Sustainable Index be useful for evaluating Dow Jones Islamic Market companies?", "date": "2020", "keywords": "business; companies; company; development; dow; dow jones; environmental; index; islamic; islamic market; jones; jones islamic; journal; market; pagg; sustainability; vol", "summary": "Concerning the first family of indexes, financial companies envisage the possibility within themselves to exclude, and categorically prohibit, any direct and or indirect participation (thus extending the analysis also to companies belonging to the same value chain) to specific sectors. Islamic companies and banks have greater stability in the event of a crisis [22]\u2013[24], so studying them from an environmental and social point of view can provide useful elements to improve current business models and sustainable approach also in the stock market.", "mime": "application/pdf"}, {"id": "ejif-4168", "words": "7779", "extension": ".pdf", "flesch": "48", "author": "Rainero, Christian; Modarelli, Giuseppe", "title": "Bitcoin-Blockchain Phenomenon: An Investigation on News Titles Influence", "date": "2020", "keywords": "analysis; bitcoin; blockchain; decision; ejif; influence; journal; making; marketing; news; news titles; people; perception; persuasion; psychology; research; scarcity; titles; value", "summary": "The investigation conducted by the authors considers a sentiment analysis on news titles influence during the period 2015-2018 supported by a field analysis. On that empirical base, at methodological level, the authors decides to conduct a content analysis on news titles influence, focused on bitcoin and blockchain themes, that would be reciprocally interconnected.", "mime": "application/pdf"}, {"id": "ejif-4195", "words": "5387", "extension": ".pdf", "flesch": "36", "author": "Fiorani, Gloria; Litardi, Irene", "title": "When the civic-participation play a crucial role on urban sustainability. The case study of the University of Rome \u201cTor Vergata\u201d and the project \u201cA playground for Aurora\u201d", "date": "2020", "keywords": "aurora; development; economics; education; fairtrade; mission; prof; research; society; sustainability; tor; universities; university; vergata", "summary": "226-51. EJIF \u2013 European Journal of Islamic Finance Editorial Team Editor in Chief Prof. Paolo Pietro Biancone, University of Turin, Italy Editorial Board Prof. Dian Masyita, University of Padjadjaran, Indonesia Prof. Abdulazeem Abozaid, Qatar Faculty of Islamic Studies, Qatar Prof. Ahmad Aref Almazari, King Saud University, Saudi Arabia Prof. Marco Meneguzzo, Universit\u00e0 degli Studi di Roma Tor Vergata, Italy Prof. Buerhan Saiti, Istanbul Sabahattin Zaim University, Turkey Prof. Nidal A. Alsayyed, Inayah Islamic Finance Research Institute, USA Prof. Roberta Aluffi, University of Turin, Italy Prof. Ghassen Bouslama, NEOMA Business School, Campus de Reims, France Prof. Nazam Dzolkarnaini, Salford University, UK Prof. Kabir Hassan, University of New Orleans, USA Prof. Khaled Hussainey, University of Plymouth, UK Prof. Rifki Ismal, University of Indonesia Prof. Tariqullah Khan, Hamad bin Khalifa University, Qatar Prof. Ali Khorshid, ICMA Centre Reading University, UK Prof. Amir Kia, Utah Valley University, USA Prof. Laurent Marliere, Universit\u00e9 Paris-Dauphine, France Prof. Federica Miglietta, University of Bari, Italy Prof. Hakim Ben Othman, University of Tunis, Tunisia Prof. Mohamed Ramady, King Fahd University of Petroleum and Minerals, Saudi Arabia Prof. Mamunur Rashid, Nottingham University, Malaysia Prof. Younes Soualhi, International Islamic University, Malaysia Prof. Laurent Weill, University of Strasbourg, France The research goals are: to develop a conceptual framework on the role of education at University level in promoting sustainability, according to the Third Mission approach, and to define the role of high Education in Urban Sustainability.", "mime": "application/pdf"}, {"id": "ejif-4227", "words": "9585", "extension": ".pdf", "flesch": "49", "author": "Radwan, Maha; DRISSI, SALMA", "title": "ANALYSIS OF THE TRANSMISSION ASYMMETRY OF MONETARY POLICY IN A DUAL BANKING SYSTEM: ECONOMETRIC MODELLING (CASE OF TURKEY)", "date": "2020", "keywords": "banking; banking system; banks; credit; finance; impact; interest; islamic; islamic finance; liquidity; policy; rate; relationship; results; shock; special; term; transmission; variables", "summary": "Now it is time to identify the long-term and short-term relationship between bank rates captured by both the interest rate for conventional banks and the financing rate for Islamic banks as well as the investment tool. The history of the Islamic banking in Turkey started more precisely in 1983 when, in order to attract more capital from the Middle East, the government created a new legal framework allowing Islamic banks to operate in the country side by side with conventional banks [18].", "mime": "application/pdf"}, {"id": "ejif-4241", "words": "6926", "extension": ".pdf", "flesch": "37", "author": "Mas\u2019ud, Abdulsalam; Shittu, Isah; Umar, Umar Bello", "title": "Mediation Role of Perceived Benefit in the Relationship between Perceived Government Support, Religiosity, Awareness and the Acceptance of Islamic Microfinancing in Nigeria", "date": "2020", "keywords": "awareness; benefit; farmers; financing; government; government support; intention; islamic; islamic micro; religiosity; smallholder; study; support", "summary": "Following this theoretical insights the mediating role of perceived benefit on the relationship between perceived government support, religiosity, awareness and intention to accept Islamic micro-financing was examined. The finding revealed that perceived benefit mediates the relationship between perceived government support, religiosity, awareness and intention to accept Islamic micro- financing.", "mime": "application/pdf"}, {"id": "ejif-4242", "words": "6967", "extension": ".pdf", "flesch": "51", "author": "Iannaci, Daniel; Gideon Mekonnen, Jonathan", "title": "Islamic finance and social finance, an opportunity for social enterprises", "date": "2020", "keywords": "activities; companies; cooperatives; ejif; finance; financial; impact; innovation; instruments; islamic; islamic finance; journal; research; social; total; vol", "summary": "Paper Title (use style: paper title) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Islamic finance and social finance, an opportunity for social enterprises Abstract\u2014 Social enterprises are defined as the real engine of social innovation because they have in their veins the objective of creating social impact and they are the companies with the best structure in the panorama of the third sector. Keywords- Islamic finance; social finance; social enterprises; social impact; accounting I. INTRODUCTION Islamic religion calls for a comprehensive development of an economy and puts emphasis on social welfare and urges for maintaining social justice, equity, and poverty alleviation", "mime": "application/pdf"}, {"id": "ejif-4307", "words": "6740", "extension": ".pdf", "flesch": "51", "author": "Chowdhury, Mohammad Abdul Matin; Masud, Md. Abdullah Al; Atiullah, Md; Tanvir, Jayadul Islam", "title": "Contemporary Responses to The Criticism of Islamic Banks in Malaysia", "date": "2020", "keywords": "banking; banks; challenges; finance; islamic; islamic banking; islamic finance; journal; malaysia; shariah; study", "summary": "http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Contemporary Responses to the Criticism of Islamic Banks in Malaysia Department of finance, International Islamic University Malaysia Department of business administration, International Islamic University Malaysia Department of finance, International Islamic University Malaysia Department of economics, International Islamic University Malaysia Abstract--The rapid growth of Islamic banks has become a focus of all investors and consumers. Therefore, the main purpose of this study to provide adequate arguments on the contemporary criticisms and challenges being faced by Islamic banks in Malaysia.", "mime": "application/pdf"}, {"id": "ejif-4389", "words": "3307", "extension": ".pdf", "flesch": "38", "author": "Badreldin, Ahmed", "title": "Applying Risk-Sharing to Mitigate Economic Consequences of the COVID-19 Pandemic", "date": "2020", "keywords": "covid-19; crisis; european; finance; islamic; pandemic; risk; sharing; system", "summary": "THE PRINCIPLE OF RISK SHARING In the second policy brief of the Economics for Inclusive Prosperity series, AnatAdmati rightly begins her essay with the sentence \u201cA healthy and stable financial system enables efficient resource allocation and risk sharing\u201d However, it is still worth mentioning what is meant by this principle: Fundamentally, risk sharing means that the fates of both the borrower and lender should be tied together.", "mime": "application/pdf"}, {"id": "ejif-4433", "words": "7592", "extension": ".pdf", "flesch": "46", "author": "Javaria, Kiran; Masood, Omar", "title": "Why Islamic Banks are not Competitive in Islamic Country: An Empirical Evidence from Pakistan Islamic Banking Sector", "date": "2020", "keywords": "analysis; banking; banks; factors; finance; influence; islamic; journal; managers; pakistan; profitability; ratio; sector; study", "summary": "Data collected from the senior manager of Islamic banks revealed that quick ratio is an unimportant factor of Pakistan Islamic banks. Data collected from the senior manager of Islamic banks revealed that asset composition ratio is an important factor of Pakistan Islamic banks.", "mime": "application/pdf"}, {"id": "ejif-4441", "words": "6104", "extension": ".pdf", "flesch": "37", "author": "Gamba, Valter; De Filippis, Eros; Tibiletti, Veronica", "title": "Benchmarking of the tax situation of Islamic financial instruments", "date": "2021", "keywords": "article; bond; capital; countries; finance; instruments; islamic; law; sukuk; system; tax; taxation; transactions", "summary": "Paper Title (use style: paper title) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 DOI: 10.13135/2421-2172/4441 1 Benchmarking of the tax situation of Islamic financial instruments (*) University of Turin, Italy \u2013 valter.gamba@unito.it (**) University of Turin, Italy \u2013 eros.defilippis@unito.it (***) University of Parma \u2013 veronica.tibiletti@unipr.it Abstract\u2014 The ever-increasing trend of Islamic finance has prompted many European countries to implement very different solutions to meet the needs arising; in particular, the regulatory systems have been implemented with legislative measures, or rather, Financial Administration has introduced interpretations so as to regulate the tax burden on Islamic financial instruments. The contribution is addressed to the analysis of the current Italian legislation namely to the investigation of the tax effects generated by Islamic financial instruments on the different players by comparing with other countries such as the United Kingdom and France, whose experience in this regard has proved to be important to achieve an accurate understanding of the evolution of the rules governing such instruments.", "mime": "application/pdf"}, {"id": "ejif-4479", "words": "2750", "extension": ".pdf", "flesch": "57", "author": "MNIF, Emna; JARBOUI, Anis", "title": "Impact of COVID19 on the Islamic cryptocurrencies", "date": "2020", "keywords": "cases; covid-19; cryptocurrency; effect; impact; islamic; pandemic; returns", "summary": "The implications of our study are important for cryptocurrency market main players to understand and predict the behaviour of Islamic cryptocurrency returns during epidemic diseases. The sample consists of three types of Islamic cryptocurrency namely X8X 29 from 06 August 2018 to 24 March 2020 and the OneGram from 22 January 2019 to 23 February 2020 to and the Hellogold from 12 October 2017 to 24 March 2020, extracted in daily frequency according to their availability.", "mime": "application/pdf"}, {"id": "ejif-4560", "words": "7359", "extension": ".pdf", "flesch": "49", "author": "Campra, Maura; Brescia, Valerio; Jafari-Sadeghi, Vahid; Calandra, Davide", "title": "Islamic countries and Maqasid al-Shariah towards the circular economy. The Dubai case study.", "date": "2021", "keywords": "business; development; dubai; economic; economy; energy; islamic; journal; linear; maqasid; model; pagg; production; resources; social; vol; waste", "summary": "[41] L. Cong, F. Zhao, e J. W. Sutherland, \u00abIntegration of dismantling operations into a value recovery plan for circular economy\u00bb, Journal of cleaner production, vol. 149, pagg. Many SDGs are oriented towards a type of circular economy designed to regenerate itself [10]\u2013[12].", "mime": "application/pdf"}, {"id": "ejif-4581", "words": "4063", "extension": ".pdf", "flesch": "46", "author": "Alam, Md. Tanvir", "title": "Role of Islamic Finance during COVID-19: A Study on Practical Implication of Zakat as Short Term Emergency Support System", "date": "2020", "keywords": "countries; covid-19; families; finance; islamic; poverty; recipients; study; system; zakat", "summary": "New emerging vulnerable group due to COVID- 19 received more Zakat, as Zakat giver considered it as a factor to select Zakat recipients. Analysis of Zakat Giver 0 5 10 15 20 25 30 35 1-2 Person 3-5 Person 6-10 Person 11-20 Person Zakat Giver ` Graph 1: Number of Zakat recipients by Giver", "mime": "application/pdf"}, {"id": "ejif-4582", "words": "5082", "extension": ".pdf", "flesch": "53", "author": "Mohamed, Hazik; Mobin, M. Ashraful", "title": "Debt Forgiveness and Debt Relief for Covid-19 Economic Recovery Financed through GDP-Linked Sukuk", "date": "2020", "keywords": "countries; debt; economic; finance; gdp; household; income; islamic; loans; pandemic; paper; sovereign; sukuk", "summary": "The concept of the debt limit captures the understanding of fiscal fatigue where \u2015an improvement in a country\u2018s structural characteristics or economic growth rate raises its debt limit, while the occurrence (or recognition of the possibility) of a negative shock could push an otherwise sustainable debt level to the unsustainable territory\u2016. They found evidence of fiscal reactions where \u2015governments face debt limits beyond which debt cannot be rolled-over\u2016. They used these findings to compute \u2015fiscal space\u2016 which is \u2015defined as the difference between projected debt ratios and debt limits\u2016, allowing for further increases in public debt without undermining sustainability. Targeted forgiveness of household debt held by borrowers whose loans are most likely to undermine their financial security (i.e. the low-income debtors determined through the DTI value).", "mime": "application/pdf"}, {"id": "ejif-4633", "words": "6736", "extension": ".pdf", "flesch": "53", "author": "Mahmood, Humera Tariq", "title": "Impact of Islamic Microfinance on Borrower\u2019s Income in Pakistan- A Case Study of Akhuwat", "date": "2020", "keywords": "akhuwat; areas; average; borrowers; borrowing; income; increase; microfinance; pak; pak rs; rural", "summary": "Akhuwat borrowers form the target for the case study. Akhuwat borrowers are so satisfied with Akhuwat services that they are also willing to becoming volunteers.", "mime": "application/pdf"}, {"id": "ejif-4913", "words": "8006", "extension": ".pdf", "flesch": "39", "author": "AMRANI, OUMNIYA; Najab, Amal", "title": "COVID-19 and Islamic Banking Services: Digitalisation as a Post-Crisis Solution (Case of Morocco)", "date": "2020", "keywords": "banking; banking services; banks; business; covid-19; customer; digital; digitalization; finance; institutions; islamic; model; moroccan; participatory; services; survey; transformation", "summary": "A sustainable federation of an internal innovation ecosystem based on the digital acculturation of employees and enabling the continuous development of new digital banking services and products. Furthermore, a large part of the respondents (86%) confirmed that digital banking services are useful in times of crisis as well as in normal times.", "mime": "application/pdf"}, {"id": "ejif-4914", "words": "5925", "extension": ".pdf", "flesch": "57", "author": "Abbas, Ahmad; Frihatni, Andi Ayu", "title": "The Social Role of Islamic Banks in Indonesia during the Pandemic of COVID-19: Reflection of Market Share", "date": "2020", "keywords": "bank; banking; csr; doi; islamic; market; market share; pandemic; research; responsibility; role; share; syariah", "summary": "[25] Fredrick Onyango Ogola, \u201cMarket share as an indicator for corporate social responsibility (CSR) spending: The study of Coca Cola\u2019s market,\u201d AFRICAN J. Bus. [29] P. C. Godfrey, C. B. Merrill, and J. M. Hansen, \u201cThe relationship between corporate social responsibility and shareholder value: An empirical test of the risk management hypothesis,\u201d Strateg.", "mime": "application/pdf"}, {"id": "ejif-4926", "words": "3607", "extension": ".pdf", "flesch": "56", "author": "Radwan, Maha; Calandra, Davide; Koumbarakis, Paris; Lanzara, Federica", "title": "Takaful industry and Blockchain: challenges and opportunities for costs\u2019 reduction in Islamic insurance companies", "date": "2020", "keywords": "blockchain; companies; costs; doi; finance; insurance; islamic; journal; takaful; vol", "summary": "6KDUL\u00b6DK\ufffd3ULQFLSOHV\ufffd*RYHUQLQJ\ufffd7DNDIXO\ufffd0RGHOV\u00aa\ufffd\ufffdLQ\ufffd Takaful Islamic Insurance, John Wiley & Sons, Ltd, 31\u00b145. Third, it FRQFHUQV\ufffdLQYHVWPHQWV\u00b6\ufffdPHWKRG\ufffdRI\ufffdSUHPLXPV\ufffdZKLFK\ufffd do not respect the Islamic finance rule of riba - the prohibition of interest rate [6], [18].", "mime": "application/pdf"}, {"id": "ejif-4936", "words": "6992", "extension": ".pdf", "flesch": "50", "author": "Bollani, Luigi; Chmet, Federico", "title": "Bibliometric Analysis of Islamic Finance", "date": "2020", "keywords": "analysis; articles; banking; banks; ejif; finance; islamic; islamic finance; journal; pagg; research; risk; vol", "summary": "The market share of Islamic banks does not have a significant impact on the financial strength of other banks. The paper by (Khediri, Charfeddine, & Youssef, 2015) shows that Islamic banks are, on average, more profitable,", "mime": "application/pdf"}, {"id": "ejif-4937", "words": "7618", "extension": ".pdf", "flesch": "46", "author": "Hamed, Mustafa Mahmoud", "title": "The Role of Islamic Social Finance in Mitigating Humanitarian Crises: A Multi-Range Strategy to Mitigate COVID-19 Impacts", "date": "2020", "keywords": "countries; covid-19; finance; financing; impacts; islamic; islamic finance; pandemic; people; poverty; role; sadaqah; social; strategy; term; waqf; zakat", "summary": "This paper reviews the conceptual definitions of Islamic social finance, and its various instruments. The results indicate that the multi-range strategy of Islamic social finance providing an innovative way which can helps governments and policy makers for manage the crisis during and after the COVID-19 pandemic Keywords; humanitarian crises; COVID-19 impacts; Islamic social finance; Islamic social finance tools I. INTRODUCTION Since the last five decades, the world has testify a dramatic increase in humanitarian crises as a result of wars, natural disasters, Epidemic outbreaks, poverty, human right abuses, among others.", "mime": "application/pdf"}, {"id": "ejif-4942", "words": "5878", "extension": ".pdf", "flesch": "28", "author": "Kamal, Mohamad Kamal", "title": "The synergistic relationship between crowdfunding and corporate social responsibility: A case study", "date": "2020", "keywords": "activities; countries; crowdfunding; csr; east; financing; https://www.zotero.org/google-docs/?tybv7r https://www.zotero.org/google-docs/?tybv7r; middle; platforms; projects; study; vol", "summary": "This leads to a direct or indirect positive impact on the profitability of the company through increased sales and services or fundraising as part of the financing of social activities for companies. I have distributed them in social activities including 7 categories and environmental activities include 5 categories.", "mime": "application/pdf"}, {"id": "ejif-5039", "words": "5470", "extension": ".pdf", "flesch": "58", "author": "Rusydiana, Aam Slamet; Assalafiyah, Aisyah", "title": "Covid-19 and the Role of Halal Food", "date": "2020", "keywords": "covid-19; food; halal; halal food; industry; islamic; journal; papers; research; role; theme", "summary": "The rapid development of halal food research is interesting to research in bibliometric analysis in line with the development of demand for halal food worldwide. A knowledge domain visualization review of thirty years of halal food research: Themes, trends and knowledge structure.", "mime": "application/pdf"}, {"id": "ejif-5056", "words": "7689", "extension": ".pdf", "flesch": "50", "author": "Sawaneh, Karamo; Badjie, Fatou", "title": "Empowering Women in the Agricultural Value Chain Via Islamic Blended Products to Attain the Agenda 2030 in The Gambia", "date": "2021", "keywords": "blending; chain; development; finance; financial; financing; fund; funding; gambia; islamic; journal; model; percent; sukuk; takaful; value; waqf; women; zakat", "summary": "The Economic Status of Women in Islam The issues of women inferiority havebeen in existence since the pre-Islamic era where women faced discrimination, social exclusions and lack property rights andfinancial insecurity[4]. These are clear indications that in Islam women canaccumulate wealth through inheritance and from financial support given by their husbands[4].", "mime": "application/pdf"}, {"id": "ejif-5323", "words": "8267", "extension": ".pdf", "flesch": "57", "author": "Creta, Fabio; Mazaj, Jelena", "title": "Can FinTech Progress the Real Estate Sector? The Disruptive Role of Crowdfunding & Blockchain: A Systematic Literature Review", "date": "2021", "keywords": "blockchain; business; crowdfunding; estate; european; finance; fintech; journal; literature; management; new; research; review; sample; sector; technology; vol", "summary": "In particular, the world of real estate crowdfunding is a subset of crowdinvesting that allows widespread investors to participate in financing a real estate project in a residential or commercial environment in exchange for a return on capital. In crowdfunding, particularly in real estate crowdfunding, one of the dominant trends will certainly be the opportunity to use new blockchain technologies in the service of data collection; the use of blockchain technology not only optimises sale transactions because it effectively records the financial history of a property but also ensures greater stability to the market and effectively eliminates intermediaries.", "mime": "application/pdf"}, {"id": "ejif-5465", "words": "6094", "extension": ".pdf", "flesch": "59", "author": "Prandi, Stefano Giovanni; Colecchia, Daniele", "title": "Pricing of Islamic Banking and Conventional Banking: An Empirical Study", "date": "2021", "keywords": "banking; banks; countries; finance; ibf; ifci; interest; islamic; journal; pricing; rates; study", "summary": "Emerging markets represent an important growth opportunity for Islamic banks. Unlike conventional banks, Islamic banks should not charge any interest \u2013 rather, they should operate according to a profit\u2013loss sharing (PLS) system.", "mime": "application/pdf"}, {"id": "ejif-5489", "words": "3579", "extension": ".pdf", "flesch": "52", "author": "Maharani, Shinta; Rahman, Asmak Ab; Septian, Arif Dwi", "title": "Customer Satisfaction Analysis of Sharia Services Quality at Surya Mart Ponorogo: (Case Study at Surya Mart Ponorogo Indonesia)", "date": "2021", "keywords": "customer; level; mart; ponorogo; quality; satisfaction; service; supermarket; surya", "summary": "The variables of this study used sharia service quality and customer satisfaction composed of six dimensions: (1) compliance with Islamic law, (2) assurance, (3) reliability, (4) tangibility, (5) empathy, and (6) responsiveness, and each dimension has three statement attributes. The third is a 75.2% value for customer satisfaction with the quality of sharia services at Surya Mart Supermarket Ponorogo, Indonesia, under CSI analysis, indicating that customers do feel satisfied enough.", "mime": "application/pdf"}, {"id": "ejif-5765", "words": "11098", "extension": ".pdf", "flesch": "46", "author": "Lanzara, Federica", "title": "Islamic finance and Sustainable Development Goals. A bibliometric analysis from 2000 to 2021", "date": "2021", "keywords": "analysis; articles; bank; countries; development; development goals; european; field; finance; goals; health; impact; international; islamic; islamic finance; journal; literature; research; role; sdgs; social; source; waqf", "summary": "(Azman e Ali 2019) assume that there is a growing interest of Islamic social finance towards Social Impact Measurement. \u00abBibliometric Analysis of Islamic Finance\u00bb.", "mime": "application/pdf"}, {"id": "ejif-5848", "words": "6662", "extension": ".pdf", "flesch": "60", "author": "MABROUK, Abdellatif; FARAH, Lamyaa", "title": "Liquidity Risk Management in the Islamic Banking: Portfolio of Ijara and Murabaha", "date": "2021", "keywords": "bank; islamic; liquidity; rate; risk; \u2212 \ud835\udc47; \ud835\udc37 \u2212; \ud835\udc3a \ud835\udc47\u2217; \ud835\udc47 \ud835\udc37\u2032", "summary": "The objective of this study is to show that holding an optimal level of liquidity is necessary for Islamic banks to minimize the liquidity risk. Islamic banks are exposed to liquidity risk in a context of structural weaknesses in their financial system that weighs on their solvency and liquidity", "mime": "application/pdf"}, {"id": "ejif-5896", "words": "5682", "extension": ".pdf", "flesch": "56", "author": "Muhammad, Helmi; Sari, Niki Puspita; Nafisa, Adita", "title": "Performances of Sharia Mutual Funds in Indonesia: Empirical Evidence from a Developing Economy", "date": "2021", "keywords": "doi; funds; income; investment; islamic; market; performance; ratio; return; risk; sharia", "summary": "They can also adopt the screening criteria applied in Sharia mutual funds investment so that they can improve the performance Sharia mutual funds during the bearish trend market The basic principle or Sharia mutual fund investment relies on its compliance to Islamic financial system accepted by the world as a unique, ethical, and universal system", "mime": "application/pdf"}, {"id": "ejif-5985", "words": "4746", "extension": ".pdf", "flesch": "45", "author": "As-Salafiyah, Aisyah; Huda, Nurul; Sakinah, Sakinah", "title": "Cryptocurrency in Indonesia: A Sentiment Analysis", "date": "2023", "keywords": "analysis; blockchain; cryptocurrency; development; generation; indonesia; negative; respondents; sentiment", "summary": "Research on cryptocurrency sentiment is mainly done with a focus on price changes. The urgency of discussing cryptocurrency sentiment in Indonesia is because many Indonesian people can achieve a demographic bonus, so many people of productive age will make more financial transactions and investments.", "mime": "application/pdf"}, {"id": "ejif-5993", "words": "7438", "extension": ".pdf", "flesch": "52", "author": "Suharti, Eko", "title": "Investment Decision on Government Bonds and Sukuk in Indonesia", "date": "2021", "keywords": "coupon; government; government bonds; government sukuk; interest; investment; investors; model; rate; securities; state; sukuk; value", "summary": "The interest rate has an influence on government sukuk investment decisions. Changes in interest rates, one of the investment decision variables on government bonds investment.", "mime": "application/pdf"}, {"id": "ejif-6025", "words": "6249", "extension": ".pdf", "flesch": "58", "author": "Nidyanti, Adelia; Siswantoro, Dodik", "title": "Shariah Compliance Level of Islamic Banks in Asia and Its Implications on Financial Performance and Market Share", "date": "2022", "keywords": "asia; bank; banking; compliance; financial; ibs; islamic; level; market; model; principles; sharia; sharia compliance; value", "summary": "Sharia compliance levels Achieved degree of compliance Rating Interpretation \u226580% SSS High Sharia compliance 50%\u201380% S+ Satisfactory Sharia compliance FDR (Financing to Deposit Ratio); MS (Market Share); SC (The value of Sharia compliance level ) Source: Authors\u2019 elaboration The value of each variable in Table 2 shows the effectiveness of the investment management (ROA) and capital (ROE) conducted by an IB, the amount of profitability of IBs (OER), the quality of financing provided by IBs (NPF), the amount of IB funds used for financing (CTD), IB capital adequacy (CAR), and the amount of financing provided for deposits received by the banks (FDR).", "mime": "application/pdf"}, {"id": "ejif-6067", "words": "8243", "extension": ".pdf", "flesch": "55", "author": "Siddiqui, Saif; Rizvi, Ziya Batool", "title": "Understanding Volatility dependence between MENA Sukuk, GCC Sukuk and Nifty Shariah Index during Covid-19: A C-vine Copula Approach", "date": "2022", "keywords": "copula; covid-19; dependency; finance; https://www.ojs.unito.it/index.php/ejif/index; index; indices; islamic; journal; market; mena; nifty; period; shariah; sukuk", "summary": "V. CONCLUSIONS The prodigious possible development and low apparently susceptibility of Nifty Shariah index as compared to Sukuk throughout the strained financial situation. The statistic recounts the unrivalled volatility in Sukuk and Shariah indices throughout Covid-19.", "mime": "application/pdf"}, {"id": "ejif-6107", "words": "7509", "extension": ".pdf", "flesch": "41", "author": "Brescia, Valerio; Sa'ad, Auwal Adam; Alhabshi, Syed Musa Bin Syed Jaafar; Hassan, Rusni Bt; Lanzalonga, Federico", "title": "Exploring sustainability from the Islamic finance perspective", "date": "2021", "keywords": "analysis; banking; banks; doi; economic; finance; financial; islamic; islamic finance; journal; literature; pagg; research; social; sustainability; vol", "summary": "Keywords: Islamic finance, Sustainability, Environmental Sustainability, Economic sustainability, Social sustainability, Literature review, Bibliometric analysis I. INTRODUCTION The Islamic banking system is based on notions of social virtue, good governance, care for the environment and ethical behaviour of individuals and organisations by Islamic ontological and epistemological principles [1], [2]. The rules of Islamic finance guide the Islamic banking and financial system and are known as Shariah principles, or Maqasid al-Shariah", "mime": "application/pdf"}, {"id": "ejif-6108", "words": "6025", "extension": ".pdf", "flesch": "54", "author": "Hasan, ZULFIKAR", "title": "Analysis of Factors Affecting Community Interest in Bengkalis Regency Riau Province Indonesia in Using Sharia Banking", "date": "2021", "keywords": "banking; banks; behavior; bengkalis; financial; indonesia; influence; islamic; journal; people; regency; riau; value; variables", "summary": "Islamic financial institutions remain stable and provide benefits, comfort, and security for their shareholders, securities holders, financing customers, and customers depositing funds in Islamic banks Besides needing to see what factors increase the Bengkalis community to accomplish at Islamic bank. TABLE 1.", "mime": "application/pdf"}, {"id": "ejif-6114", "words": "7030", "extension": ".pdf", "flesch": "44", "author": "Saeed Mohammed, Akhtar Ali; Mansor, Fadillah", "title": "Role of the Central Bank in implementation of Value-Based Islamic Banking and Reporting in Bahrain \u2013 Exploring the challenges", "date": "2021", "keywords": "bahrain; banking; banks; cbb; central; development; finance; financial; ifis; islamic; reporting; research; society; value", "summary": "Creating awareness of VBIB through Islamic banking conferences and Islamic banks\u2019 CEOs roundtables; \u2022 Providing incentives and appreciation to encourage value Islamic based banking; \u2022 Developing a set of rules for non-financial indicators and disclosure reports with the association of AAOIFI and IFSB; and \u2022 Collaboration with AAOIFI, shariah scholars, and IFSB for the development of guidelines and standards for Shariah boards regarding VBIB. In contrast to the traditional conventional banking system, which favours debt processes, Islamic banks have a distinctive character, giving equivalent weight and priority to their social objectives and profit by focusing on real sector economic activities with a long-term objective rather than short-term risk- taking decisions [5].", "mime": "application/pdf"}, {"id": "ejif-6116", "words": "9172", "extension": ".pdf", "flesch": "46", "author": "Salman, Kautsar Riza", "title": "Islamic Governance, Maqashid Syariah, and Islamic Social Reporting: The Case of Islamic Banks in Indonesia", "date": "2021", "keywords": "banks; board; company; disclosure; effect; governance; index; islamic; isr; maqashid; maqashid sharia; reporting; responsibility; sharia; social; study; supervisory", "summary": "Such a framework is not only useful for Muslim decision- makers but also useful for Islamic companies in fulfilling accountability to Allah and society. A large number of Sharia Supervisory Boards will make Islamic companies and banks adapt easily.", "mime": "application/pdf"}, {"id": "ejif-6158", "words": "5124", "extension": ".pdf", "flesch": "40", "author": "Khavarinezhad, Sepideh; Biancone, Paolo; Jafari-Sadeghi, Vahid", "title": "Financing in the Islamic System and Sustainable Economic Development of Selected Islamic Countries", "date": "2021", "keywords": "countries; development; finance; financial; financing; growth; islamic; journal; model; sukuk; test", "summary": "A wide range of Islamic financial institutions is active not only in Islamic countries but also in some European countries [6]. Global banks and Islamic financial institutions can expand around the world", "mime": "application/pdf"}, {"id": "ejif-6167", "words": "8405", "extension": ".pdf", "flesch": "35", "author": "Papa, Claudia; Rossi, Noemi", "title": "Smart Cities and Sustainable Finance: The Islamic Perspective", "date": "2022", "keywords": "cities; city; development; finance; financial; green; instruments; international; investors; islamic; islamic finance; issue; journal; projects; social; urban; vol; \u1e63uk\u016bk", "summary": "City leaders face challenges in enacting changes in balancing the needs of citizens, government, businesses, NGOs, and others: smart city development requires a strategic, long-term vision to create inclusive, fully integrated and synergistic systems. Moreover, the following analysis has been carried out by combining the concept of sustainable and innovative cities with the Islamic objectives (Maqasid al -Shar\u012b\u02bfa) to define a holistic model of sustainable cities based on an integrated and ethical approach to urban management financed by sustainable and Islamic financial instruments.1 Based on Maqasid al -Shar\u012b\u02bfa", "mime": "application/pdf"}, {"id": "ejif-6199", "words": "12092", "extension": ".pdf", "flesch": "51", "author": "Meskovic, Admir; Kozarevic, Emira; Avdukic, Alija", "title": "Social Performance of Islamic Banks: Theoretical and Practical Insights", "date": "2021", "keywords": "abdelslam; asutay; banking; banks; belal; doi; economy; finance; financial; goals; haniffa; hudaib; index; international; islamic; islamic finance; journal; nizamee; performance; research", "summary": "1 European Journal of Islamic Finance - ISSN: 2421-2172 DOI: 10.13135/2421-2172/6199 - Published by University of Turin https://www.ojs.unito.it/index.php/EJIF/index EJIFcontent is licensed under a Creative Commons Attribution 4.0 International License Received: 11/05/2021 - Accepted for publication: 16/11/2021 - Published: 30/12/2021 Social Performance of Islamic Banks \u02d7 Theoretical and Practical Insights Admir Meskovic1, Emira Kozarevic2, Alija Avdukic3 1 University of Sarajevo, School of Economics and Business, Trg Alija Izetbegovic 1, Sarajevo 71000, Bosnia and Herzegovina 2 University of Tuzla, Faculty of Economics, Urfeta Vejzagi\u0107a 8, Tuzla 75000, Bosnia and Herzegovina 3 University of Dundee, Al-Maktoum College, , 124 Blackness Rd, Dundee DD1 5PE, United Kingdom Contact Author: admir_meskovic@live.com Abstract \u2014 This study analyzes the social performance of 40 Islamic banks from 13 countries over the period 2012-2018, aiming to investigate to what extent Islamic banks around the world meet the social goals of the Islamic moral economy.", "mime": "application/pdf"}, {"id": "ejif-6202", "words": "6076", "extension": ".pdf", "flesch": "42", "author": "Katterbauer, Klemens; Moschetta, Philippe", "title": "A deep learning approach to risk management modeling for Islamic microfinance", "date": "2022", "keywords": "credit; data; feature; figure; finance; financial; framework; islamic; journal; loan; management; microfinance; model; risk", "summary": "CONCLUSION We have presented in this paper a novel AI-driven approach to financial risk management for Islamic microfinancing. Hence, a stronger focus on social parameters, such as charity contributions and faith may be key parameters to enhance microfinance efficiency and overcome the challenges of conventional risk management models.", "mime": "application/pdf"}, {"id": "ejif-6257", "words": "6066", "extension": ".pdf", "flesch": "47", "author": "Calandra, Davide; Marseglia, Roberto; Vaccaro, Vincenzo; Chmet, Federico", "title": "Mapping Islamic finance and new technologies: research and managerial perspectives", "date": "2022", "keywords": "analysis; author; doi; finance; fintech; international; islamic; journal; research; technologies; technology; university; vol", "summary": "There is currently no unified mapping in the literature despite numerous research studies. The field of Islamic finance is not exempt from radical changes and is gaining increasing attention from academics and practitioners.", "mime": "application/pdf"}, {"id": "ejif-6260", "words": "7578", "extension": ".pdf", "flesch": "48", "author": "Zucchelli, Davidia", "title": "Recent trend of deposits in Islamic banks", "date": "2022", "keywords": "banking; banks; countries; deposits; finance; financial; https://www.ojs.unito.it/index.php/ejif/index; inclusion; income; interest; islamic; share; world", "summary": "PERFORMANCE OF DEPOSITS IN ISLAMIC BANKS The analysis of data referring to Islamic banks - as highlighted by numerous scholars, as in particular I. Warde (2000) [12] with regards to Pakistan, it is observed that any changes in the rate of interest or in the rate of profit of Islamic bank significantly affect the level of deposit in conventional as well as that of Islamic banks.", "mime": "application/pdf"}, {"id": "ejif-6266", "words": "7419", "extension": ".pdf", "flesch": "45", "author": "Mustafa, Aisyah; Ab Rahman, Asmak", "title": "The Significance of Ijtihad in Resolution Syariah: Towards a Takaful Legal Framework in Malaysia", "date": "2023", "keywords": "2013; bnm; finance; financial; framework; ifsa; ijtihad; industry; islamic; law; malaysia; policy; sac; shariah; takaful", "summary": "TOF basically provides a guideline for takaful operators for establishing and maintaining takaful funds, product structuring, underwriting takaful risks, re-takaful, investment, payment and charges on surrender of a takaful certificate, claims management, remuneration for the management of takaful funds, management of operating costs, management of surplus in the participants\u2019 risk fund, and deficiency and loss rectification. This research analyse document related to takaful industry such as Risk-Based Capital Framework for Takaful Operator, Takaful Operations Framework, Shariah Governance Framework 2019, Investment-Linked Business Guidelines, New Product Introduction, Operational Risk, Islamic Financial Service Act 2013 and others related documents.", "mime": "application/pdf"}, {"id": "ejif-6312", "words": "5283", "extension": ".pdf", "flesch": "45", "author": "Zulfikri, Zulfikri; Adam, Auwal; Kassim, Salina; Hassan, Anwar", "title": "Trust Enhancement in Zakat Institutions using Blockchain Technology: A Qualitative Approach", "date": "2022", "keywords": "blockchain; institutions; islamic; journal; management; quality; reputation; service; technology; trust; zakat; zakat institutions", "summary": "This means that zakat institutions may be collecting far less in zakat funds than the maximum amount that is potentially available. This information is needed when making decisions on whether zakat institutions should be trusted to obtain, use and distribute zakat funds that have been entrusted to them by zakat payers as noted by Mediawati", "mime": "application/pdf"}, {"id": "ejif-6424", "words": "18129", "extension": ".pdf", "flesch": "25", "author": "Antoniazzi, Sandra", "title": "Islamic Banks and the European Banking Union: An Overview of Critical Issues and Perspectives", "date": "2022", "keywords": "banking; banks; basel; capital; countries; european; european banking; financial; gcc; https://www.ojs.unito.it/index.php/ejif/index; ifsb; iii; institutions; international; islamic; islamic bank; islamic finance; journal; law; liquidity; market; principles; regulation; requirements; risk; rules; shariah; standards; system", "summary": "Paper Title (use style: paper title) European Journal of Islamic Finance - ISSN: 2421-2172 DOI: 10.13135/2421-2172/6424 - Published by University of Turin https://www.ojs.unito.it/index.php/EJIF/index EJIF content is licensed under a Creative Commons Attribution 4.0 International License Received: 15/10/2021 - Accepted for publication: 30/03/2022 - Published: 18/04/2022 37 Islamic Banks and the European Banking Union: An Overview of Critical Issues and Perspectives 1 University of Rome 2 As we known, the Islamic banking has adopted the Basel III standards, a solution that revealed a significant regulatory challenge, given that the agreement does not consider the specificities of Islamic banks and Islamic products present various profiles of incompatibility with the European (and international) markets", "mime": "application/pdf"}, {"id": "ejif-6502", "words": "5972", "extension": ".pdf", "flesch": "56", "author": "Sya'bani, Muhammad Jihad Rusnanda; Fathoni, Muhammad Anwar", "title": "The Impact of Macroeconomic and Fundamental Ratios Against Sharia Stock Returns at JII", "date": "2022", "keywords": "capital; company; dan; effect; indonesia; inflation; investment; investors; islamic; market; return; roa; sharia; stock; value", "summary": "Inflation significantly affects Islamic stock returns because, with high inflation rates, there is a tendency for low return values and vice versa. Meanwhile, this study partially found mixed results, including inflation and ROA having a significant effect on Islamic stock returns.", "mime": "application/pdf"}, {"id": "ejif-6504", "words": "6627", "extension": ".pdf", "flesch": "49", "author": "Kamdzhalov, Miroslav", "title": "Evaluation of some key features of Islamic finance in non-Islamic economies: Bulgarian perspective", "date": "2022", "keywords": "= c.; b =; banking; european; finance; islamic; islamic finance; journal; research; responsibility", "summary": "European Journal of Islamic Finance - ISSN: 2421-2172 DOI: 10.13135/2421-2172/6504 - Published by the University of Turin https://www.ojs.unito.it/index.php/EJIF/index EJIF content is licensed under a Creative Commons Attribution 4.0 International License Received: 31/01/2022 - Accepted for publication: 26/05/2022 - Published: 29/07/2022 9 Evaluation of some key features of Islamic finance in non-Islamic economies: Bulgarian perspective 1 Department of International Economic Relations, University of Economics Varna, Bulgaria Contact Author: kamdzhalov@ue-varna.bg Abstract\u2014 In recent years Islamic finance has steadily increased in popularity.", "mime": "application/pdf"}, {"id": "ejif-6585", "words": "6856", "extension": ".pdf", "flesch": "46", "author": "Cherqaoui, Sara", "title": "Unlocking Islamic Finance and Entrepreneurship with Innovative Solutions", "date": "2022", "keywords": "banking; businesses; covid-19; finance; financial; financing; fintech; islamic; msmes; potential; shariah", "summary": "Abstract - This paper aims to examine the role of Islamic finance and technology in unlocking the potential of MSMEs. In recent years Islamic finance has enjoyed rapid growth, but several challenges remain.", "mime": "application/pdf"}, {"id": "ejif-6628", "words": "7633", "extension": ".pdf", "flesch": "34", "author": "Kadi, Sanaa", "title": "Research Methods for Islamic Banking and Finance Law: Interdisciplinary Research Method", "date": "2022", "keywords": "banking; doi; economics; finance; finance law; financial; islamic; islamic finance; journal; law; methods; research; research methods; vol", "summary": "Moreover, in 2022, Salami, Tanrivermi\u015f, and Abubakar[2] recognize four categories of stakeholders in their research on the methodology of Islamic finance: the first category is classified as Islamic scholars having a relative understanding of Islamic finance from the Quran, Hadith, and other Islamic sources, including Islamic jurisprudence (Fiqh); the second group of stakeholders identified in Islamic finance research is scholars acquainted with research methodologies, and they are frequently researchers; the third group recognized is the market investors and persons seeking Islamic finance research outcomes to make the right investment choices. It presents a theoretical model that explains the complexity of the field of Islamic banking and finance, provides legal scholars with a brief analysis of the various issues and challenges that may arise while researching Islamic banking and finance law, and offers different possibilities and solutions to progress and supply high-quality research into Islamic finance.", "mime": "application/pdf"}, {"id": "ejif-6714", "words": "7035", "extension": ".pdf", "flesch": "57", "author": "Nugroho, Lucky; Miglietta, Federica; Nugraha, Erik; Soekapdjo, Soeharjoto", "title": "The Determinants Factors of Islamic Bank Profitability (Indonesia Empirical Cases)", "date": "2022", "keywords": "banks; business; doi; effect; fasc; financing; islamic; islamic bank; micro; performance; products; roa; study; test; vol", "summary": "\u00a7 Does the portion of micro and small business sector financing (Micro and Small Segment Financing-MSF) affect ROA?; \u00a7 Does the promotion (Promotion Cost Ratio-PCR) of Islamic banks affect ROA?; \u00a7 Does the quality of Islamic bank financing (Non- Performing Financing-NPF) affect ROA?; \u00a7 Does the productivity of Islamic bank employees (Labor Cost Ratio-LCR) affect ROA?. The type of income from Islamic bank financing depends on the financing contracts distributed by Islamic banks.", "mime": "application/pdf"}, {"id": "ejif-6800", "words": "13501", "extension": ".pdf", "flesch": "54", "author": "Rahmani, Ataollah; Avdukic, Alija", "title": "A Maqasid-ul-Shari\u2019ah Analysis of the Permissible Futures Trading in Islamic Financial Markets", "date": "2022", "keywords": "bay\u2019a; business; contracts; exchange; finance; financial; futures; futures trading; gharar; international; islamic; journal; law; maqasid; market; parties; price; risk; shari\u2019ah; trading; transactions; university", "summary": "Seen from the angle of Maqasid-ul- Shari\u2019ah, therefore, Islamic futures can be reconceptualised and transformed into financial instruments that can truly serve the purpose, i.e., hedging financial risks. \u201cIslamic futures and their markets: with special reference to their role in developing rural financial market\u201d, Occasional Papers, paper 33, Islamic Research and Training Institute, Islamic Development Bank, 1st ed.", "mime": "application/pdf"}, {"id": "ejif-6816", "words": "6432", "extension": ".pdf", "flesch": "52", "author": "Abozaid, Abdulazeem; Khateeb, Saqib Hafiz", "title": "A Critical Shariah and Maqasid Appraisal of Islamic Credit Cards", "date": "2022", "keywords": "card; cardholder; credit; credit card; fee; finance; islamic; loan; riba; services; shariah", "summary": "Abstract - Islamic banks and financial institutions have recently started issuing Islamic credit cards as substitutes for conventional credit cards after the Shariah scholars, due to the Riba involved, unanimously deemed the traditional credit cards unlawful. However, Islamic credit cards have different structures; some have been structured based on Eina or Tawarruq sales even though these two types of deals were ruled unlawful by the Fiqh academies.", "mime": "application/pdf"}, {"id": "ejif-6901", "words": "8178", "extension": ".pdf", "flesch": "41", "author": "Abdullah, Othman; Shaharuddin, Amir; Wahid, Muhamad Azhari; Harun, Mohd Shukor", "title": "The Potentials and Challenges of Decision Support System for Islamic Banking and Finance", "date": "2022", "keywords": "computer; decision; dss; fatwa; finance; fiqh; information; islamic; journal; knowledge; making; process; shariah; support; system; technology", "summary": "Digital solutions that are able to expedite Shariah decision making processes in Islamic financial institutions (IFIs) are very much needed to facilitate speedier resolutions by the Shariah committees of these IFIs. In Malaysia, there is a conscious effort to encourage more innovations with AI applications that could assist in Shariah decision making processes.", "mime": "application/pdf"}, {"id": "ejif-7108", "words": "5536", "extension": ".pdf", "flesch": "55", "author": "Siddiqui, Saif; Sumbul", "title": "GMM dependency model for Shariah and underlying indices of India during Covid-19 period", "date": "2023", "keywords": "finance; index; indexes; indices; islamic; journal; market; nifty; shariah; stock; study; test", "summary": "This work represents a significant advancement in creating optimal portfolios that include assets from Shariah indexes. During Covid-19, Shariah indexes show lesser volatility as compared to the underlying indices, which means they are a better investment as compared to conventional indices.", "mime": "application/pdf"}, {"id": "ejif-7162", "words": "10203", "extension": ".pdf", "flesch": "50", "author": "Kadi, Sanaa", "title": "Islamic Finance in Finland: Perceptions of the Muslim Minority about Riba and Islamic Banking", "date": "2023", "keywords": "banking; community; european; finance; financial; finland; ibf; interest; islamic; islamic finance; journal; muslim; research; respondents; riba; study", "summary": "For example, we are interested in whether the Muslim community in Finland is interested in using Islamic financial products if they were accessible, and whether they will become customers of Islamic financial institutions if they are established in Finland. Keywords: Interest; Riba; Islamic banks; Islamic finance in Finland; Housing and Muslims in Finland; financial inclusion European Journal of Islamic Finance - ISSN: 2421-2172 DOI: 10.13135/2421-2172/7162 Published by University of Turin https://www.ojs.unito.it/index.php/EJIF/index EJIF content is licensed under a Creative Commons Attribution 4.0 International License 45 1.", "mime": "application/pdf"}, {"id": "ejif-7178", "words": "7542", "extension": ".pdf", "flesch": "40", "author": "aboul-dahab, karim mohamed", "title": "The contribution of the Islamic and Social banks to the concept of sustainable development ", "date": "2023", "keywords": "banking; banks; business; development; european; finance; financial; interest; international; islamic; islamic finance; journal; profit; projects; responsibility; social", "summary": "The assets of Islamic banks were 213.423 billion in 2015; however, by 2018, they had grown to 306.121 billion. In Indonesia, the market proportion of Islamic banks increased from 0.25% in 2001 to 3.98% in 2011, 4.86% in 2015, and 5.74% in 2017.", "mime": "application/pdf"}, {"id": "ejif-7221", "words": "4714", "extension": ".pdf", "flesch": "41", "author": "Zulfikri, Zulfikri; Kassim, Salina; Abdullah Othman, Anwar Hassan", "title": "A Conceptual Framework of the Blockchain Technology Adoption for Zakat Institution in Indonesia", "date": "2023", "keywords": "acceptance; blockchain; blockchain technology; islamic; journal; model; study; tam; technology; trust; use; zakat", "summary": "Conclusion, implications, and future research The purpose of this paper is to propose a research model of blockchain technology acceptance for the Zakat institution. Abstract The adoption of blockchain technologies necessitates the consideration of a wide range of factors far beyond the technology focus of most current research.", "mime": "application/pdf"}, {"id": "ejif-7301", "words": "6476", "extension": ".pdf", "flesch": "51", "author": "Katterbauer, Klemens; Syed, Hassan; Genc, Sema Yilmaz; Cleenewerck, Laurent", "title": "Insolvency and bankruptcy based on Islamic principles within China \u2013 a data-driven analysis and framework", "date": "2023", "keywords": "assets; bankruptcy; bankruptcy law; business; creditors; debtor; debts; islamic; law; partnership; property", "summary": "Foundations of forgiveness in Islamic bankruptcy law: Sources, methodology, diversity. Given the growing trading and economic relationship, Islamic bankruptcy principles may provide both a domestic and international opportunity for fairer financial transactions and responsible business practices.", "mime": "application/pdf"}, {"id": "ejif-7321", "words": "5296", "extension": ".pdf", "flesch": "49", "author": "Hilmy, Hayathu Mohamed Ahamed; Sajith, S.A.; Ilma, M.A.F.", "title": "Awareness of Islamic financial institutions among non-Muslims in the Ampara district of Sri Lanka", "date": "2023", "keywords": "banking; finance; institutions; islamic; lanka; muslims; non; respondents; sri", "summary": "Therefore, this research aims to determine the awareness level of non-Muslims of Ampara district in Sri Lanka about Islamic financial institutions and identify whether they realize the existing difference between Islamic financial institutions and conventional financial institutions in Sri Lanka. According to the findings, even if non-Muslims are as aware of Islamic financial institutions as conventional financial institutions, their engagement level in Islamic financial institutions is very low.", "mime": "application/pdf"}, {"id": "ejif-7345", "words": "9644", "extension": ".pdf", "flesch": "46", "author": "Aqib Ali, Muhammad", "title": "An assessment of Islamic Banking in Asia, Europe, USA, and Australia", "date": "2023", "keywords": "banking; banks; central; countries; country; european; finance; financial; industry; international; islamic; islamic bank; islamic finance; journal; sector; services; shariah", "summary": "As reported by IFSB\u2019s IFSI Report 2019, Iran has a staggering 32% share of global assets in Islamic banking sector and in addition to this merit; Iran is the premier country to implement Islamic banking at the state level by transforming the entire banking setup to Shariah-compliant banking and financial system. According to Padovani (Padovani, 2017), the demand for Islamic banking services exists in Italy, and significant Islamic banking players, including the Al-Barakah Banking Group (ABG) from Bahrain, are considering entering the Italian banking industry; Padovani further emphasised the huge potential of IB initiative but asserted that the general regulatory environment and legal framework matters must be addressed beforehand to govern the operational aspects for Islamic banking and financial institutions.", "mime": "application/pdf"}, {"id": "ejif-7389", "words": "9847", "extension": ".pdf", "flesch": "44", "author": "Drissi, Salma; Guerguer, Wafa", "title": "The Effects of Interest Rates on Islamic and Conventional Banks: A Comparative Study of Monetary Policy Transmission Channels", "date": "2023", "keywords": "banking; banking system; banks; finance; interest; islamic; journal; policy; policy transmission; rates; study; system; term; transmission; variables", "summary": "The results of this study showed that the transmission of monetary policy is confirmed in a dual banking system through the channel of bank loans and that Islamic banks are more sensitive to changes in interest rates than conventional banks. Furthermore, it is revealed that Islamic banks exhibit greater responsiveness to fluctuations in interest rates compared to their conventional counterparts.", "mime": "application/pdf"}, {"id": "ejif-7429", "words": "5720", "extension": ".pdf", "flesch": "51", "author": "Gunduz, Cemil; Calandra, Davide; Biancone, Paolo", "title": "Halal tourism: a web content analysis in Italy", "date": "2023", "keywords": "food; halal; halal hotels; halal tourism; hotels; islamic; italy; muslim; number; research; services; study; tourism", "summary": "Due to the increase in the Muslim population and per capita income worldwide, halal tourism and Islamic finance sectors have caught a rapid development trend in recent years. The study's main purpose is to give preliminary information about the halal products and services offered in Italy, one of the most preferred countries by Muslim tourists, to reveal the current situation of halal concept hotels and the evaluations for the future of halal tourism in Italy.", "mime": "application/pdf"}, {"id": "ejif-7591", "words": "8048", "extension": ".pdf", "flesch": "51", "author": "Kadri\u0107, Edin", "title": "Challenges of Modernity: Issue of Interest and Establishment of Modern Financial Institutions by Bosnian Muslims (1878-1918)", "date": "2024", "keywords": "activities; b&h; banks; bosnia; credit; empire; fatwa; institutions; interest; islamic; money; muslims; ottoman; period; riba; university; waqf", "summary": "According to Ottoman legal scholars, Islam prohibited charging high interest rates, which often doubled or tripled if the debtor failed to repay his debt. 04_ Kadri\u0107 European Journal of Islamic Finance - ISSN: 2421-2172 DOI: 10.13135/2421-2172/7591 Published by University of Turin https://www.ojs.unito.it/index.php/EJIF/index EJIF content is licensed under a Creative Commons Attribution 4.0 International License 55 Challenges of Modernity: Issue of Interest and Establishment of Modern Financial Institutions by Bosnian Muslims (1878-1918)", "mime": "application/pdf"}, {"id": "ejif-777", "words": "5737", "extension": ".pdf", "flesch": "47", "author": "Aqib Ali, Muhammad", "title": "Evolution & Development of Islamic Banking \u2013 The Case of Pakistan", "date": "2015", "keywords": "banking; banks; countries; development; finance; financial; growth; institutions; interest; islamic; pakistan; prof; riba; system", "summary": "ORIGIN OF ISLAMIC BANKING IN PAKISTAN The Islamization process in Pakistan concurred with the movement of Islamic finance in the world in the second half of 1970s. The gradual and steady progress of Islamic banks continued and the industry of Islamic finance thrived as time passed.", "mime": "application/pdf"}, {"id": "ejif-779", "words": "15045", "extension": ".pdf", "flesch": "56", "author": "Coopchik, Spencer J.", "title": "Judicial Decision-Making in Islamic Banking and Finance", "date": "2015", "keywords": "banking; decision; fatwa; finance; ijtihad; income; institution; interpretation; islamic; islamic finance; jurist; law; making; piety; power; process; shari\u2019ah; ssb; theory; vol", "summary": "Second paper examines two methods of judicial-decision making, legalism and the economic theory, as applied to Islamic jurists. Finally, the paper calls for a broader discussion on whether Western theories of judicial decision-making, and therefore concepts of legal realism, should be used to analyze Islamic jurists.", "mime": "application/pdf"}, {"id": "ejif-784", "words": "3103", "extension": ".pdf", "flesch": "49", "author": "Khalid, Mujtaba", "title": "Waqf as a Socially Responsible Investment instrument A case for Western Countries", "date": "2015", "keywords": "capital; countries; finance; investment; islamic; journal; non; prof; university; waqf", "summary": "This is not the case for cash Waqf as their survivability is not dependent on the repayment of borrowers. This paper examines and discusses the case of a specific Islamic contract, Waqf and highlights its possible use as a (Socially Responsible Investment)", "mime": "application/pdf"}, {"id": "ejif-790", "words": "9215", "extension": ".pdf", "flesch": "60", "author": "ABD RAZAK, ABD HAKIM", "title": "THE FUNDAMENTALS OF ISLAMIC BANKING AND FINANCE: A PROLOGUE", "date": "2015", "keywords": "banking; business; contract; finance; financial; gharar; god; interest; islamic; islamic finance; journal; law; malaysia; prof; profit; prohibition; prophet; riba; sharia; transaction; university", "summary": "EJIF \u2013 European Journal of Islamic Finance No2, April (2015) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 10 [37] Saeed, A., Islamic Banking and Interest: A Study of the Prohibition of Riba and Its Contemporary Interpretation. Paper Title (use style: paper title) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 The Fundamentals Of Islamic Banking and Finance: A Prologue Abd Hakim Abd Razak 1 1 School of Law, Trinity College Dublin, abdrazaa@tcd.ie Abstract\u2014The raison d'\u00eatre of this article is to supply basic insights on the origin and characteristics of the Islamic Banking system, its distinguishing features, and related contentious issues that have remained the subject of on-going debates among Sharia' scholars and members of the academia.", "mime": "application/pdf"}, {"id": "ejif-793", "words": "4261", "extension": ".pdf", "flesch": "50", "author": "Prastowo, Lucky Nugroho", "title": "The Challenges of Islamic Microfinance (Indonesia Evidence)", "date": "2015", "keywords": "bmt; income; institutions; islamic; microfinance; microfinance institutions; prof; university; women", "summary": "Background Issuance the Act (UU) No.1 Year 2013 on microfinance institutions will certainly have an impact on changes in the shape and condition of Indonesian microfinance institutions including Islamic microfinance institutions in the future, because the Act requires microfinance institutions have legal entities or shareholder firm and also the operations of microfinance institutions will be supervised by the financial services authority. Abstract\u2014Microfinance institutions and Islamic microfinance institutions that do not have a body would be transformed into cooperatives (Coop) or shareholder firms (SHFs) company under the act No.1 of 2013 (UU No.1 Tahun 2013) regarding microfinance institutions.", "mime": "application/pdf"}, {"id": "ejif-7939", "words": "10454", "extension": ".pdf", "flesch": "42", "author": "Senghore, Aja Fatou", "title": "Assessing the role of Islamic microfinance: a women empowerment case study: Assessing the role of Islamic microfinance", "date": "2023", "keywords": "access; bank; doi; empowerment; farmers; finance; financing; gambia; institutions; international; islamic; islamic finance; journal; microfinance; products; sector; university; women", "summary": "In that paper, the authors demonstrated that the ability of women farmers to generate income is severely constrained by their limited use, ownership and control of productive physical and human capital. Similarly, Doss and Deere (2006) argued that when women farmers own productive resources such as land, they improve their overall welfare.", "mime": "application/pdf"}, {"id": "ejif-800", "words": "11417", "extension": ".pdf", "flesch": "33", "author": "Anass, PATEL", "title": "Channeling Asset-Managed Sukuk towards SMEs financing: a case study for Sukuk Mudaraba (asset finance) applied to a French SME", "date": "2015", "keywords": "asset; business; capital; cash; credit; debt; european; finance; financing; information; investment; investors; islamic; islamic finance; journal; management; market; new; risk; securitization; sharing; smes; structure; sukuk", "summary": "Moreover, the distribution for smaller corporate deals has often been restricted to one \u2015buy-and-hold\u2016 investor in the past, while the prevalence of sovereign guarantees has made asset risk incidental to counterparty risk and credit support mechanisms sponsored by sovereign goodwill, hampering market maturity and investor sophistication. From a market practitioner\u2018s point of view, we distinguish between the two structures of sukuk contracts that convey shariah-compliant asset ownership to investors: either (i) asset originators themselves issue notes backed by existing Islamic assets, or (ii) the originator sells Islamic assets (and/or the proceeds thereof) to an unaffiliated SPV, which issues notes with a put/tender feature to fund the acquisition of assets.", "mime": "application/pdf"}, {"id": "ejif-8450", "words": "11716", "extension": ".pdf", "flesch": "55", "author": "Ibrahim, Ahmad Asad; Alsaad, Ahmed Muhammad; Obiadaat, Yaqeen Hani", "title": "Zak\u0101h as a Financial Resource for Development: Alleviating State Debt Burden and Fostering Economic Sustainability: Zak\u0101h as a Financial Resource for Development: Alleviating State Debt Burden and Fostering Economic Sustainability", "date": "2024", "keywords": "allah; countries; debt; development; finance; funds; ibn; increase; indebtedness; investment; islamic; journal; recipients; resources; role; state; zak\u0101h; zak\u0101h funds", "summary": "Mushkilat al-Madiy\u016bniyyah al-Kh\u0101rijiyyah li al-Duwal al-N\u0101miyah wa al-\u02bfArabiyyah. Dawr al-Zak\u0101h f\u012b al-Tanmiyyah al-Iqti\u1e63\u0101diyyah wa-Ta\u1e25q\u012bq al-Istiqr\u0101r al-Iqti\u1e63\u0101d\u012b.", "mime": "application/pdf"}, {"id": "ejif-848", "words": "6473", "extension": ".pdf", "flesch": "44", "author": "Odeduntan, Akeem Kolawole; Adewale, Abideen Adeyemi", "title": "Financial Stability of Islamic Banks: A Review of the Literature", "date": "2015", "keywords": "banking; banks; data; efficiency; finance; financial; islamic; journal; paper; prof; risk; stability; study; system; university", "summary": "V. FINANCIAL STABILITY OF ISLAMIC BANKS In reviewing financial stability of Islamic banks, the study of Mat Rahim, Mohd Hassan and Zakaria (2012) is one of the few in the line of the subject of this paper. Paper Title (use style: paper title) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Financial Stability of Islamic Banks: A Review of the Literature 1 Oaksprings Educational Services, Nigeria, ak.odeduntan@oakspring.com.ng 2 International Islamic University Malaysia, abidewale@iium.edu.my Abstract\u2014 The recent global financial crisis that began in the US and spread sporadically to other parts of the world has been a sort of awakening that financial stability of financial institutions should be on check from time to time.", "mime": "application/pdf"}, {"id": "ejif-8706", "words": "7806", "extension": ".pdf", "flesch": "45", "author": "Adebesin, Sulaimon", "title": "Quantifying the Effect of Interest Rate on Islamic Banks Financing in the United Kingdom: Quantifying the Effect of Interest Rate on Islamic Banks Financing", "date": "2024", "keywords": "banking; banks; deposits; finance; financing; interest; interest rate; islamic; islamic bank; journal; rate", "summary": "But contrary to this line of thought, Saeed et al. (2023) found evidence that Islamic bank rates in Malaysia positively adjust to changes in conventional bank rates to avoid withdrawal risk of investment deposits by profit-driven depositors who find Islamic investment deposits and conventional fixed deposits as substitutes. Dependency of Islamic bank rates on conventional rates in a dual banking system: A trade-off between religious and economic fundamentals.", "mime": "application/pdf"}, {"id": "ejif-8870", "words": "9730", "extension": ".pdf", "flesch": "39", "author": "Ben Belgacem, Rania; Ben Amar , Anis; Brescia, Valerio", "title": "Analyzing the Relationship between Banking Performance and CSR in the Tunisian Context: A Comparative Study of Conventional and Islamic Banks", "date": "2024", "keywords": "assets; banking; banks; csr; islamic; leverage; management; model; performance; relationship; responsibility; roa; roe; total", "summary": "Corporate social responsibility and bank financial performance in China: The moderating role of green credit. The impact of CSR on Islamic bank performance using ROE as a measure Within our study on Islamic banks, we explored the determinants of Return on Equity (ROE) using Model 1.", "mime": "application/pdf"}, {"id": "ejif-8871", "words": "11504", "extension": ".pdf", "flesch": "40", "author": "Zaidi, NOURA; Davide, Calandra; Tarek, Sadraoui", "title": "Chief Executive Officer\u2019s (CEO\u2019s) Characteristics and Bank Performance: A Comparative Study of Islamic and Conventional Banks in Tunisia", "date": "2024", "keywords": "authority; background; bank; bank performance; banking; ceo; ceos; decision; delegation; finance; islamic; journal; making; model; performance; research; study", "summary": "Model 1.2: CEO educational background and Islamic bank performance Model 2.2: Decentralization of decision-making authority and Islamic bank performance On the other hand, Model 2.2 focuses specifically on Islamic banks.", "mime": "application/pdf"}, {"id": "ejif-8927", "words": "15916", "extension": ".pdf", "flesch": "30", "author": "Kadi, Sanaa", "title": "The Nexus of Accounting and Dispute Resolution in Islamic Banking and Finance Law", "date": "2025", "keywords": "accounting; accounting practices; accounting standards; banking; banks; business; dispute; dispute resolution; european; financial; governance; ibf; institutions; international; islamic; islamic accounting; islamic finance; journal; law; malaysia; practices; principles; research; resolution; sharia; standards; study; university", "summary": "Properly documented and transparent accounting practices can help clarify the nature of the dispute and contribute to finding a fair and efficient resolution in the context of Islamic financial disputes. This study sets out to position Islamic accounting within the broader context of Islamic finance, shedding light on its distinctive principles and practices.", "mime": "application/pdf"}, {"id": "ejif-9019", "words": "11960", "extension": ".pdf", "flesch": "41", "author": "Worasutr, Asas; Little, Stephen E.; Haq, Mohammed Abdel", "title": "Driving Sustainable Innovation: Islamic Financial Literacy and Inclusion in the Five Southernmost Provinces of Thailand: Driving Sustainable Innovation", "date": "2024", "keywords": "data; finance; financial; ifi; ifl; inclusion; institutions; international; islamic; islamic finance; journal; literacy; products; respondents; services; study; thailand; university", "summary": "As a result, the low levels of people utilising Islamic financial products could pose a financial risk to Islamic financial institutions operating in the area. Based on empirical evidence, proactive policy recommendations are proposed to encourage Islamic financial institutions to increase Islamic financial literacy and inclusion by educating their targeted customers and developing products tailored to their needs.", "mime": "application/pdf"}, {"id": "ejif-908", "words": "6415", "extension": ".pdf", "flesch": "46", "author": "Biancone, Paolo Pietro; Radwan, Maha", "title": "Sharia Compliant \u201cPossibility for Italian SMEs\u201d", "date": "2015", "keywords": "companies; compliant; finance; financial; interest; islamic; italian; ratio; sharia; smes; total", "summary": "Sukuk which are Islamic financial instrument that are similar to those of conventional bonds but a key difference is that they are backed with underlying asset. Paper Title (use style: paper title) http://www.ojs.unito.it/index.php/EJIF 1 Sharia Compliant \u201cPossibility for Italian SMEs\u201d 1 University of Turin, Italy, paolo.biancone@unito.it 2 University of Turin, Italy, maha.radwan@unito.it Abstract\u2014 Islamic Finance have been a flourishing phenomenon recently with a very high growth rates and countries worldwide are exerting efforts to introduce it as an alternative financial system especially after proving its stability in the last financial crisis.", "mime": "application/pdf"}, {"id": "ejif-922", "words": "5508", "extension": ".pdf", "flesch": "42", "author": "Chowdhury, Mohammad Ashraful Ferdous", "title": "Which is more important in terms of Profitability of Islamic banks: Bank Specific factors or Macroeconomic factors? An Empirical Study on Malaysian Islamic Banks", "date": "2015", "keywords": "assets; banking; banks; berhad; determinants; factors; islamic; malaysia; performance; profitability; risk; study; total", "summary": "Here, Inflation is positively related to Islamic banks profitability, implying that during the period under study the levels of inflation were anticipated by the Islamic banks. An Indonesian study conducted by Izhar and Asutay (2007) with aimed to determine Islamic banks profitability determinants.", "mime": "application/pdf"}, {"id": "ejif-9359", "words": "9297", "extension": ".pdf", "flesch": "38", "author": "Alam, Intekhab; Bhatti, Ishaq Bhatti", "title": "Interacting with Muslim Customers for Developing New Shariah-Compliant Financial Services in a Multicultural Country", "date": "2024", "keywords": "business; customer interaction; customers; finance; financial; firms; india; interaction; islamic; journal; literature; marketing; minority; muslim; new; nsd; process; research; service", "summary": "Against this backdrop, our article examines the importance of customer interaction with Muslim customers in developing new Shariah-compliant financial services in the emerging market of India. To this end, we propose several modes and methods of customer interaction and analyze the problems involved in the interaction process with Muslim customers.", "mime": "application/pdf"}, {"id": "ejif-9414", "words": "8097", "extension": ".pdf", "flesch": "47", "author": "Jimoh, Abdulrazaq; Bamigbade, Dayo; Kolawole, Kayode", "title": "Islamic microfinance as a panacea for poverty alleviation", "date": "2024", "keywords": "alleviation; business; economic; financial; hasan; inclusion; income; international; islamic; journal; level; microfinance; nigeria; poor; poverty; study", "summary": "Thus, to ensure financial inclusion, Islamic microfinance based on interest-free loans is advocated (Ali, 2017). Rather than give out loans in cash where repayment could at times be difficult, the asset-based financing model of Islamic microfinance could be introduced where funds are released only for real economic activities.", "mime": "application/pdf"}, {"id": "ejif-944", "words": "7538", "extension": ".pdf", "flesch": "47", "author": "Biancone, Paolo Pietro; Shakhatreh, Mohammad Ziad", "title": "Using Islamic Finance for Infrastructure projects in non-Muslim Countries", "date": "2015", "keywords": "assets; company; countries; finance; financial; financing; infrastructure; islamic; law; musharakah; principle; project; project finance; shariah; sukuk; university", "summary": "Paper Title (use style: paper title) http://www.ojs.unito.it/index.php/EJIF ISSN 2421-2172 1 Using Islamic Finance for Infrastructure Projects in Non-Muslim Countries 1 University of Turin, Italy, paolo.biancone@unito.it 2 University of Turin, Italy, mohammad.shakatreh@unito.it Abstract\u2014 Using Islamic project finance is the solution to fill the gap between infrastructure demand and available finance. Keywords: Islamic project finance, Shariah principle, Islamic Financial instrument, infrastructure project.", "mime": "application/pdf"}]