International Journal of Islamic and Middle Eastern Finance and Management: Volume 16 Issue 4

The impact of financial management practices on accountability of Islamic social enterprise (ISE)

Muhammad Iqmal Hisham Kamaruddin, Sofiah Md. Auzair

This study aims to examine the role of financial management practices, which consist of financial disclosure, internal control, financial planning and budgeting and financial…

Lender’s position in the profit and loss sharing Islamic finance: an analytical perspective of Izutsu’s hypotheses on “Islam” and “Hilm”

Yasushi Suzuki, Mohammad Dulal Miah

There is a growing debate as to how Islamic financial institutions can increase the expansion of profit and loss sharing (PLS) finance instead of widely practiced markup finance…

Shariah capabilities and value propositions of Islamic banking

Karim Ullah, Muhammad Ashfaque, Muhammad Atiq, Muhammad Khan, Arif Hussain

The purpose of this paper is to explore the types of Shariah capabilities of Islamic banks, which provide bases for the types of Shariah value propositions, offered by the…

Financial analysts’ personal values, perceived behavioural risk and investment decisions in evaluating CSR

Ahmad Usman Shahid, Hafiza Sobia Tufail, Hafiz Yasir Ali, Joane Jonathan

This paper aims to contribute to the corporate social responsibility (CSR) literature by providing holistic insights into financial analysts’ personal values, perceived…

Toward the development of an Islamic banking sustainability performance index

Rym Ammar, Sonia Rebai, Dhafer Saidane

The purpose of this paper is to suggest a model that yields a sustainability performance index for Islamic banks (IBs). This index is expected to account for stakeholders’…

The impact of the prospect theory value on the relationship between liquidity risk and returns

Hamzeh Hosseinpour, Ahmad Khodamipour, Omid Pourheidari

This study aims to investigate the relationship between return and liquidity risk and the impact of the prospect theory value (PTV) as a moderator variable on this relationship.

Islamic banking, efficiency and societal welfare: a machine-learning, agent-based study

Efstathios Polyzos, Aristeidis Samitas, Konstantinos Syriopoulos

This paper models the benefits of Islamic banking on the efficiency of the banking sector and on societal happiness. This paper aims to examine how the adoption of Islamic banking…

A study of cash waqf contribution between millennials of Malaysia and Indonesia

Anwar Allah Pitchay, Raditya Sukmana, Ririn Tri Ratnasari, Mohamad Isa Abd Jalil

This study aims to examine the determinants of motivation that influences Malaysian and Indonesian millennials to contribute cash waqf.

Economic and political factors on herding in Islamic GCC stock markets during COVID-19 pandemic

Ooi Kok Loang, Zamri Ahmad

This study aims to examine the existence of herding and the impact of economic and political factors in the Shariah-compliant stocks of Gulf Cooperation Council markets, namely…

Developing maqasid index for Islamic CSR: the case of Ummah’s Endowment Fund in Indonesia

Ascarya Ascarya, Atika Rukminastiti Masrifah

This study aims to develop the maqasid index (MI) for Islamic corporate social responsibility (CSR), namely, Dana Abadi Umat (DAU) (Ummah’s Endowment Fund) or MI-DAU in Indonesia.

Connectedness analysis of price return index among Malaysian economic sectors

Norzalina Ahmad, Hazrul Shahiri, Safwan Mohd Nor, Mukhriz Izraf Azman Aziz

This study aims to explore the connectedness of price return index spillovers across eight economic sectors in the Malaysian stock market (Bursa Malaysia).