ISRA International Journal of Islamic Finance: Volume 14 Issue 3 , Open Access

Editorial

Beebee Salma Sairally

The cost of constituent-rebalancing of Sharīʿah-compliant indexes: lessons for future crises

Ahmed Badreldin

This study aims to quantify the cost of rebalancing Sharīʿah-compliant indexes, both economically and statistically.

An empirical comparison of sustainable and responsible investment ṣukūk, social impact bonds and conventional bonds

Syed Marwan Mujahid Syed Azman, Suhaiza Ismail, Mohamed Aslam Haneef, Engku Rabiah Adawiah Engku Ali

The objectives of this paper are two-fold: first, to empirically compare and contrast the salient features of three financial instruments (FIs), namely sustainable and responsible…

How do Islamic banks manage earnings? Application of various measurement models in the Iranian Islamic banking system

Mahdi Ghaemi Asl, Mohammad Ghasemi Doudkanlou

This study aims to identify and compare the measurement models of earnings management (EM) appropriate to the Iranian Islamic banking system. The importance of reported profit…

Experts' views on ḥiyal in Malaysian Islamic banks: the case of tawarruq-based deposit products

Muhammad Izzul Syahmi, Mohammad Taqiuddin Mohamad, Mohd Anuar Ramli

There are two purposes to this study: first, to identify the status of ḥiyal (legal devices) in the offering of deposit products based on the tawarruq contract in the Malaysian…

Micro-takāful scheme for the protection of houses belonging to low-income groups in Malaysia

Puteri Nur Farah Naadia Mohd Fauzi, Mohamad Akram Laldin

This study aims to assess the availability of micro-takāful (micro-Islamic insurance) schemes for the protection of houses belonging to low-income groups in Malaysia.

Charity account in Islamic financial institutions: creating a defined Sharīʻah standard

Salim Ali Al-Ali

This article seeks to propose a defined set of Sharīʿah standards and guidelines for the charity account in order to provide clear guidance to Islamic financial institutions…

Mind the gap: theories in Islamic accounting and finance, Islamic economics and business management studies

Murniati Mukhlisin, Nurizal Ismail, Reza Jamilah Fikri

This study aims to analyse whether theories and views of classical Islamic scholars are widely adopted as references in Islamic accounting and finance (IAF), Islamic economics…

Islamic mobile banking smart services adoption and use in Jordan

Saad G. Yaseen, Ihab Ali El Qirem, Dima Dajani

The research identifies the predictors of Islamic mobile banking (IMB) smart services adoption and usage in Jordan.

Corporate criminal liability in Islamic banks in Malaysia

Nur Yusliana Yusoff, Rusni Hassan

This paper aims to highlight provisions that may attract corporate criminal liability (CCL) in legislation and regulations enacted in Malaysia. Further, this paper identifies gaps…