Hamdard Islamicus Vol. XLVIII. No. 2                                                    7 
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EDITORIAL 

This issue presents a compelling collection of articles covering 

Islamic spirituality, historiographical critique, textual integrity, ethical 

praxis, financial stability, and institutional governance. 

The first article, Islamic History through A Western Lens: A 

Critical Analysis of Key Introductory Works (2010-2025), analyses 

Western introductory textbooks and exposes tensions between authentic 

Islamic intellectual traditions and Western epistemologies. This critical 

lens underscores the need for cultural humility and diversified academic 

methodologies. 

The second article Advancements in Hadith Authentication 

Methods: A Systematic Literature Review examines advancements in 

Hadith authentication, tracing a dynamic trajectory that merges 

traditional scholarship with ICT (Information and Communication 

Technology) driven innovations. By mapping existing methods, 

limitations, and emerging tools, the paper charts a path towards more 

rigorous preservation of prophetic traditions. 

Grounded in lived experience, the third article, Islamic 

Brotherhood and Business Social Responsibility (BSR) in Malaysia: A 

Qualitative Exploration of Islamic Faith-Based Business Practices, 

shows how spiritual values—justice, fairness, compassion—translate 

into ethical entrepreneurship. We learn that Muslim business leaders view 

their ventures as expressions of faith-driven communal obligation and 

moral accountability. 

The fourth article, Intellectual Capital Efficiency and Its 

Contribution to Financial Stability in Islamic Banks: A Study of the Gulf 

Countries, presents an empirical analysis of Intellectual Capital 

Efficiency (ICE) in Gulf Islamic banks. It reveals how investments in 

structural and relational capital significantly enhance financial stability 

and competitive advantage, supporting resource-based theory and 

emphasizing the critical role of intangible assets in institutional 

resilience. 

Finally, the fifth article, Model of Productive Waqf Policy 

Governance for Sustainable Economic Development: A Pestel Analysis 

Approach, proposes a PESTEL (Political, Economic, Social, Technology, 

Environment, and Law) based framework in Indonesia and Malaysia. By 

systematically addressing political, economic, legal, social, 



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technological, and environmental factors, it positions waqf institutions as 

powerful drivers of sustainable Islamic socio-economic development. 

Together, these contributions trace a coherent intellectual 

pathway—from inner spiritual formation, through scholarly rigor and 

ethical practice, to institutional innovation and economic execution. They 

showcase how contemporary Islamic scholarship thrives at the 

intersection of tradition and innovation, faith and function. 

We hope readers will benefit from this rich and diverse 

collection. 

DR. SHABEER KHAN 

Editor