Islamic Economic Studies: Volume 29 Issue 2 , Open Access

Islamic work ethics as a key engine of endogenous economic growth

Asma Raies

God promised pious individuals who obey to His commandments, to increase their economic well-being. Although it is difficult to demonstrate with figures in hand this causality…

Does it pay to be a faithful investor? A risk-based approach performance analysis of Islamic funds vs UCITS schemes

Joseph Falzon, Elaine Bonnici

This paper empirically investigates the performance of Islamic funds, which have been praised for weathering the 2008 financial storm relatively well and compares it to a European…

Islamic securities (ṣukūk) and economic growth: New empirical investigation from Southeast Asia using non-parametric analysis of MCMC panel quantile regression

Mohammed Ayoub Ledhem, Mohammed Mekidiche

This paper aims to investigate empirically whether Islamic securities enhance economic growth in the Southeast Asian region based on the endogenous growth theory using the…

Sharīʿah scrutiny of Islamic Banks' Financial Compensation Fund in Bangladesh: governance principles in the COVID-19 perspective

Abdullah Masum, S M Shariful Islam

The purpose of this study is to critically analyze the Financial Compensation Funds being accumulated by Islamic Banks of Bangladesh in credit-based transactions. In this…

Vulnerability of Islamic banking in ASEAN

Muhammad Iqbal, Hadri Kusuma, Sunaryati Sunaryati

This research evaluated the impact of credit risk, liquidity risk, profitability, economic growth and good governance on the vulnerability of the Islamic banking system in the…