ISRA International Journal of Islamic Finance: Volume 13 Issue 2 , Open Access

Editorial

Beebee Salma Sairally

Cash waqf risk management and perpetuity restriction conundrum

Azniza Hartini Azrai Azaimi Ambrose, Fadhilah Abdullah Asuhaimi

The purpose of this paper is to comprehensively discuss the issue of risk vis-à-vis the perpetuity restriction principle inherent in waqf (Islamic endowment). Specifically, it…

Determinants of cash waqf fund collection in Malaysian Islamic banking institutions: empirical insights from employees’ perspectives

Wan Nuraihan Ab Shatar, Jalal Rajeh Hanaysha, Putri Rozita Tahir

This paper aims to test the main factors that affect cash waqf collection among the employees of Islamic banking institutions (IBIs) in Malaysia.

Waqf governance in the Republic of Guinea: legal framework, issues, challenges and way forward

Mohamed Al Amine Sano, Salina Kassim

The purpose of this paper is to seek to establish an effective governance framework for waqf (Islamic endowment) in the Republic of Guinea that would assist in enhancing…

Developing best practices of Islamic estate planning: a construction based on the perspectives of individuals and estate planning providers

Norazlina Abd. Wahab, Selamah Maamor, Zairy Zainol, Suraiya Hashim, Kamarul Azman Mustapha Kamal

This paper aims to develop the best practices of Islamic estate planning for Muslims. Islamic estate planning is a fixed proposal for the management and outlook of an individual’s…

Determination of organisational essential needs as the basis for developing a maṣlaḥah-based performance measurement

Achmad Firdaus

The purpose of the study is twofold: first, it is to develop each aspect of maṣlaḥah ḍarūriyah (essential needs), i.e. dīn (faith/religion), nafs (soul), ʿaql (intellect), naṣl…

Islamic financial literacy scale: an amendment in the sphere of contemporary financial literacy

Yusuf Dinc, Mehmet Çetin, Mehmet Bulut, Rashed Jahangir

This study aims to develop a valid and reliable Islamic financial literacy (IFL) scale that can capture all the segments of the Islamic financial sectors and which could be…

Does the choice of stock selection criteria affect the performance of Sharīʿah-compliant equity portfolios?

Muhammad Wajid Raza

There are a number of differences in the current Sharīʿah screening guidelines formulated by Sharīʿah scholars associated with world-renowned index providers and financial…