Shari'ah compliance is a cardinal principle in Islamic finance which must be observed by Islamic financialinstitutions in Malaysia and other emerging markets as it provides the original basis (or raison d'etre) forestablishing ...

Achieving the objective of the interest-free economy is critical for Islamic countries because interest is categorically prohibited in Islam. However, this objective has proved elusive partly because Islamic countries have ...

Islamic finance has shown a tremendous growth in the last two decades particularly after Global Financial Crisis (2007-2009). Islamic finance has been proposed as an alternative to the conventional financial system as it ...

This paper evaluates the effect of bank-specific variables in terms of Capital Adequacy (C), Asset quality (A), Management (M), Earnings (E) and Liquidity (L) commonly known as CAMEL approach, across bank profitability of ...

The establishment of Islamic finance education programs is occuring haphazardly around the world but mostly in non-Muslim countries such as the UK. Universities around the globe are joining the race to capture a piece of ...

Connections between politicians and business houses are not uncommon. Literature shows that firms tends to connect with politicians/political parties to get easy access to credit, to have lax regulatory oversight, to have ...

Small and Medium Enterprises ("SMEs") have been recognized as one of the most important component that contributes towards the economic growth of many countries around the world. Despite its importance, SMEs have limited ...