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A host of studies have assessed the determinants of bank liquidity creation, highlighting the relevance of macroeconomic and microeconomic factors. However, whether and how social unrest impacts bank liquidity creation remains a moot issue. To inform this debate, this study aims to exploit bank-level data for Middle East and North Africa (MENA) countries covering the period 2010–2019 to assess the interlinkage between social unrest and bank liquidity creation.

In view of the staggered inception of social unrest across MENA countries, the author uses a difference-in-differences specification to tease out the causal impact.

The findings reveal that the Arab Spring improves liquidity creation after onboarding after confounding factors. This impact differs across conventional and Islamic banks and differs across asset side (market) and liability side (funding) liquidity creation. The evidence also underscores the positive real effects of such liquidity creation on real economic output.

This is one of the early studies exploiting a large sample of MENA banks to examine this issue in a systematic manner.

Islamic economic ideology has exerted a profound influence on the evolution of the open market, particularly in the domains of individual property rights, unobstructed commerce, and restrained governmental interference. The Islamic doctrine pertaining to individual property rights underscores the entitlement of individuals to possess and exercise dominion over their possessions, and this fundamental doctrine has played a pivotal role in shaping the unrestrained market. Islamic economic philosophy also champions free trade, affording individuals the freedom to exchange commodities and services devoid of governmental constraints. This doctrine has contributed to the creation of a more efficient and prosperous economic milieu. Ultimately, Islamic economic thought propagates the concept of delimited governmental involvement in economic affairs. This principle affords enterprises the latitude to undertake risks, while empowering entrepreneurs to establish novel companies, both of which are integral to economic expansion. The undeniable contributions of Islamic economic thought to the maturation of the open market are incontestable. These principles have been instrumental in the establishment of a more efficient, flourishing, and vibrant economic landscape. As our world becomes progressively intertwined, it remains imperative to retain the insights gleaned from Islamic economic thought and persist in the pursuit of an equitable and free market system.

Thermophoresis deposition of particles is a crucial stage in the spread of microparticles over temperature gradients and is significant for aerosol and electrical technologies. To track changes in mass deposition, the effect of particle thermophoresis is therefore seen in a mixed convective flow of Williamson hybrid nanofluids upon a stretching/shrinking sheet.

The PDEs are transformed into ordinary differential equations (ODEs) using the similarity technique and then the bvp4c solver is employed for the altered transformed equations. The main factors influencing the heat, mass and flow profiles are displayed graphically.

The findings imply that the larger effects of the thermophoretic parameter cause the mass transfer rate to drop for both solutions. In addition, the suggested hybrid nanoparticles significantly increase the heat transfer rate in both outcomes. Hybrid nanoparticles work well for producing the most energy possible. They are essential in causing the flow to accelerate at a high pace.

The consistent results of this analysis have the potential to boost the competence of thermal energy systems.

It has not yet been attempted to incorporate hybrid nanofluids and thermophoretic particle deposition impact across a vertical stretching/shrinking sheet subject to double-diffusive mixed convection flow in a Williamson model. The numerical method has been validated by comparing the generated numerical results with the published work.

This study aims to address the key issues concerning supplier selection in traditional construction procurement by proposing an innovative, novel, state-of-the-art prototype plugin building information modelling – supplier search and ranking (BIM-SSR) and an associated conceptual framework. It enhances building information modelling (BIM) capabilities through web crawling and analytical hierarchy processes (AHP). It uses the World Wide Web to procure construction material suppliers.

Prevalent issues in traditional procurement of material suppliers have been identified through a rigorous literature review. Field experts vetted these issues. A framework has been presented to address these issues based on integrated web crawling and AHP as a multi-criteria decision-making (MCDM) method. A BIM prototype (BIM-SSR) has been developed using Python and plugged into Autodesk Revit to automate the search and evaluation of material suppliers based on precise material specifications from the BIM design. The BIM-SSR prototype is tested through a case study and validated by field professionals for its efficiency in tackling the identified issues.

Thirteen key issues have been identified concerning traditional construction procurement pertinent to supplier selection. Best-value procurement was encouraged by identifying supplier selection criteria such as cost, delivery time, experience, compliance with quality management standards, warranties, and claim period. The presented BIM-SSR prototype has an efficiency of 80%–95% in addressing the issues identified in this study and 97.5% effectiveness in improving the overall procurement management process.

The BIM-SSR prototype developed in this study is a novel and innovative addition to the body of knowledge that has been integrated into Autodesk Revit as a Plugin. Automation of supplier search and selection through digital technologies, including web crawling and integration of traditionally accepted MCDM methods such as AHP in BIM, is another innovation in the current study. Overall, this study presents a holistic, innovative system, from conceptual design to practical implementation and demonstration. This is one of the steps to help the traditional construction procurement process evolve into a more modern and digital procurement.

This study aims to analyze the capabilities and external conditions of womenpreneur owners of micro, small and medium enterprises (MSMEs) Fashion EcoPrint Indonesia in green business practices and their implications for sustainable business performance.

This study chooses a quantitative approach with a sustainable business internal-external capability model. Using the structural equation modeling-partial least square analysis tool, the analysis was conducted on a sample of womenpreneurs who owned MSMEs EcoPrint Indonesia (n = 493).

In the internal capability dimension, total quality environment and green core competence affect green supply chain management, affecting green product innovation performance. Meanwhile, women entrepreneurs’ external capability dimensions (regulation, customer awareness of the environment and technological innovation infrastructure) are connected to sustainable development business capabilities, which affect the performance of green process innovation. The study confirms that green products and processes have the potential to influence sustainable business performance. A key finding is the strong influence of environment-based total quality management governance on both sides. At the same time, womenpreneurs have a significant impact on their respective dimensions.

This study has implications for increasing competency, Sustainable MSME industrial infrastructure, and protecting women in developing countries. The theoretical implications of creating a model that examines the impact of womenpreneurs’ internal and external abilities on eco-friendly businesses’ success are significant for developing nations’ promising growth.

This study explores women’s contributions to family well-being and environment-based economies, focusing on eco-friendly supply chain management and sustainable external capabilities of women entrepreneurs in Indonesia, using a gender equality approach in developing economies.

This paper aims to explore the historical foundations of ostensible profit and loss-sharing (PLS) trading contracts used in most Islamic financial institutions, and it investigates the potential origins of these contracts in an earlier Abrahamic religion, Judaism.

This paper is conceptual in nature, using a historical analytical review to examine religious interpretations within Jewish and Islamic jurisprudential literature that sought to mitigate usury restrictions, with a particular focus on ostensible PLS trading contracts. To fulfil the research objective, the paper investigates the underpinning foundation of usury prohibition in both Islam and Judaism, through analysing prohibition scriptures in primary legislation sources in Islam (Qur’an and Sunnah) and Judaism (Torah and Talmud), as well as the various interpretations of these scriptures. The paper then delves into particular interpretations that have been used to evade the ban on usury, resulting in the development of ostensible PLS trading contracts, among both religions’ adherents, as a suspected roundabout to bypass the usury prohibition.

The ostensible PLS trading or quasi-debt contracts were found and used in Judaism for the purpose of circumventing the usury prohibition. Although the context of ostensible PLS trading contracts contradicts genuine Islamic teachings and principles, and even their akin was opposed by early Islamic jurisprudence; nonetheless, these contracts’ echoes can be found in many arrangements used in modern Islamic financial institutions. Furthermore, the comparative analysis showed remarkable similarities between Jewish and Islamic finance literature regarding the usury circumvention progression; although the underlying premises regarding this discourse might be different across both religions’ jurisprudence, yet the resemblance still noteworthy.

The research is confined to Islamic primary legislation sources, Qur’an and Sunnah, and Judaism basic legislation sources, Torah and Talmud, examining the history of theologians’ interpretations respondent to the laity pressure toward slacking usury prohibition. If similarity is apparent, the issue may depart from the ontological analysis of Islamic financial institutions toward a deeper epistemological investigation of usury prohibition theory, with the aim of restricting ostensible PLS contracts in Islamic financial institutions.

The Islamic finance literature has attempted substantially to explain the gap between the theoretical context of Islamic finance and the discrepant practices adopted in most Islamic financial institutions. As the used approach was usually keen to address the issue ontologically as a practice problem, outward built-in solutions such as corporate governance and shari’ah compliance monitoring were prevalent in the literature. Nonetheless, despite their practical essence, such explanations have not solved the practicing problem, in addition to their lack of theoretical premises. This research contributes to enhancing the theory of Islamic finance and scoping the premises behind the problematic current practices of Islamic financial institutions. It sheds light on the early origins of the ostensible PLS or quasi-debt contracts used in Islamic financial institutions as PLS trading contracts, while genuinely, they are not.

This study aims to examine the moderator effect of religiosity on the relationship between halal brand awareness and habit towards purchasing decisions of halal products.

The quantitative method is used in this study. Descriptive and statistical (multiple and moderated regression) analyses are employed to test the hypothesis according to the research model. The data is collected using a cross-sectional design from 197 respondents consisting of business owners in North Sumatera, Indonesia.

It is found that both halal brand awareness and habit have a positive and significant effect on the purchasing decision of halal products. Meanwhile, religiosity significantly acts as a moderating variable in the relationship between awareness and purchasing decisions, as well as habit and purchasing decisions.

This study revealed the important factor of religiosity as a moderating factor in purchase decisions of halal products. The government may need to collaborate with Islamic educational institutions to raise awareness of the halal concept and product awareness. It is assumed that individuals who know about the Islamic religion will have a higher degree of awareness of halal products compared to individuals with limited knowledge of Islam; thus, providers of Islamic education play a crucial role in raising the level of awareness of halal products. Schools may serve as catalysts for the dissemination of knowledge of halal products.

Developing halal product markets can be done by enhancing the religiosity level of consumers, one of them through attending formal or informal religious classes.

This study aims to empirically examine the influence of Islamic corporate social responsibility (ICSR) on social welfare moderated by financial fraud.

The method used was the mix method. The number of respondents was 410. They combined the moderate regression analysis with PROCESS Andrew F Hayes to test the research hypothesis. After conducting the survey, it was continued by conducting interviews with the village community and the head of the village.

The first finding of this study is that ICSR has a significant positive effect on social welfare. The second finding is that financial fraud weakens the influence of ICSR on social welfare. The results of the interviews also confirmed the two findings of this study.

The high level of bias in answering the questions is due to the low public knowledge of ICSR. In addition, the interviews still needed to involve the oil and gas companies and government.

The main implication is improving social welfare, especially for those affected by offshore oil drilling. Furthermore, stakeholders are more sensitive to the adverse effects of financial fraud. Finally, to make drilling companies more transparent and on target in implementing ICSR.

The main novelty in this research is using of the mixed method. In addition, applying financial fraud as a moderating variable is rarely studied empirically.

The Indonesian Waqf Board and United Nation Development Program are developing green waqf in Indonesia. Development of green waqf in Indonesia as a response to save the earth from environmental damage and other social impacts. This paper aims to measure public perceptions about willingness to participate in making donations to the green waqf program in Indonesia.

Modifying the Theory of Reasoned Action framework, questionnaire data were collected from 311 Muslims in Indonesia. Data were analyzed using the partial least squares structural equation modeling method.

The findings show that attitude, subjective norm, product knowledge and trust influence the Muslims in Indonesia to donate to green waqf. In contrast, Islamic religiosity harms the intention to donate in green waqf but is insignificant.

This research was conducted using a quantitative approach with a limited sample of several communities, so the results cannot be generalized. Further investigation needs to be carried out by involving a more diverse sample to get better results. However, the results of this study can be used as an illustration of how Muslims behave in donating green waqf.

These results imply that to develop green waqf in Indonesia, especially in attracting waqf candidates willing to make donations, waqf institutions must carry out engineering to shape the attitude of prospective donors through various activities such as socialization and education of the green waqf program. Waqf institutions must also build public trust by involving public figures to campaign for the green waqf program. This will likely increase prospective donors’ active participation in donating their money to develop green waqf in Indonesia.

Waqf is a severe concern for the Indonesian Government, including waqf for the environment. To the bets of the authors’ knowledge, this paper is the first attempt to look at the behavior of the green waqf model in Indonesia. Thus, the acceleration of waqf development can be realized and is expected to impact the community significantly.

This paper aims to the significance of intangible assets in boosting financial credibility and accounting transparency in Saudi Arabia and other Islamic countries, aligning with Saudi Vision 2030. Moreover, it articulates the indispensable role of information and communication technology (ICT), including cutting-edge technologies such as artificial intelligence (AI) and blockchain, inefficaciously mitigating manual challenges while safeguarding the authenticity and reliability of financial information.

This study examines relevant literature on national and international standards to define the significance of intangible assets within conventional and Islamic Shari’ah principles in the Kingdom of Saudi Arabia (KSA). It delves into how automation technologies can improve accuracy and verifiability in reporting intangible assets while adhering to Islamic Shari’ah Compliance (ISC) principles, providing valuable insights into standardization and automation benefits.

The study highlights that ISC laws affect intangible asset reporting. Integrating conventional accounting principles with ISC is necessary to establish a unified international standard. Adopting ICT, AI and blockchain is crucial for automating and ensuring consistent, verifiable reporting of intangible assets.

This case study highlights the importance of intangible assets in KSA, but its findings require validation through workshops with scholars, stakeholders and policymakers to ensure broader acceptance and applicability beyond the specific context.

This study provides guidance on using AI, blockchain and other ICT tools to ensure accurate financial reporting by validating and verifying intangible assets, benefiting stakeholders, policymakers, accountants, auditors and ISC professionals.

This study underscores the importance of reporting intangible assets according to Islamic principles in KSA, with relevance to other Islamic countries. Promoting International Financial Reporting Standards and Saudi Organization for Certified Public Accountants standards enhances accurate reporting and supports Saudi Vision 2030 goal of boosting global investment and trade.