Results 141 to 150 of about 417 (160)

Corporate net working capital: evidence from Shariah compliance

International Journal of Emerging Markets, 2023
PurposeThis paper examines the influence of Shariah compliance (SC) on firms' net working capital (NWC) target and adjustment speed.Design/methodology/approach The study samples of non-financial firms taken from six Gulf Cooperation countries between 2005 and 2019 and employs static and dynamic models to answer the present study research questions ...
Abdullah Bugshan, Faisal Alnori, Husam Ananzeh   +2 more
openaire   +1 more source

Takaful and Its Shariah Compliance

2019
This chapter has focused on the concept of takaful. Takaful practices existed in the Arab world before the era of Islam, and they were not objected in Islam. The recent practice of takaful emerged in 1979, and there are now more than 300 takaful operators across the globe.
Adnan Malik, Karim Ullah
openaire   +1 more source

Role of Internal Shariah Audit to Detect Non-Shariah Compliance

International Journal of Research and Innovation in Social Science
The internal Shariah audit has emerged as an important means of ensuring that Islamic Financial Institutions (IFIs) act in accordance with the principles of Shariah. Thus, this paper explores the pivotal role of internal Shariah audits in identifying non-Shariah compliance within the IFIs.
Yusri Hazrol Yusoff, Mohammad Aqil Fikri Nor Hisham, Nur Azlin Sofia Mohamed Noordin, Siti Nur Mahirah Athirah Amrel, Siti Nur Nabilah Isnin, Mohamad Shahril Isahak   +5 more
openaire   +1 more source

Risk management, derivatives and shariah compliance

AIP Conference Proceedings, 2013
Despite the impressive growth of Islamic Banking and Finance (IBF), a number of weaknesses remain. The most important of this is perhaps the lack of shariah compliant risk management tools. While the risk sharing philosophy of Islamic Finance requires the acceptance of risk to justify returns, the shariah also requires adherents to avoid unnecessary ...
openaire   +1 more source

The Shariah compliance challenge in Islamic bond markets

Pacific-Basin Finance Journal, 2014
Abstract This paper considers the interaction between Shariah advisors, regulators, Shariah conscious ethical investors and an Islamic bond issuing firm. The model shows that due to higher Islamic instrument cost, the Islamic bond industry's existence is contingent upon a Shariah conscious ethical investor base that can absorb the lower Shariah ...
Saad Azmat, Michael Skully, Kym Brown
openaire   +1 more source

Determinants of Shariah Non-Compliance Risk Judgment Among Shariah Auditors

The European Proceedings of Social and Behavioural Sciences, 2023
Azeira Ahmad, Fazlida Mohd Razali, Jamaliah Said   +2 more
openaire   +1 more source

Property rights and shariah non-compliance risk

2017
The concept of trading/commerce (al-bay) as opposed to trading in money with usury (riba) requires Islamic banks to take ownership of goods it intends to sell on credit. However, doing so will result in higher capital charges and tax overheads that could adversely affect banking profitability.
openaire   +1 more source

Is Shariah compliance a buffer against market shocks?

International Journal of Islamic and Middle Eastern Finance and Management
Purpose This study aims to investigate the comparative performance and safe haven hedging properties of Shariah-compliant stock indices and the conventional NIFTY 50 index in India, focusing on their stability and risk-adjusted returns during market crises, particularly in the post-COVID scenario.
Moni M. Mohanan, Darko B. Vukovic, M. Kabir Hassan, Moohammad Shakib, Silpa Mp Krishnan   +4 more
openaire   +1 more source

Cost stickiness: the role of Shariah compliance

Managerial Finance
PurposeThis study aims to examine the cost stickiness among the firms listed in six Gulf Cooperation Council countries and whether the Shariah compliance status has an impact of on corporate cost behavior.Design/methodology/approachThe present study uses a sample of non-financial firms listed in six Gulf Cooperation Council (GCC) countries to show that
openaire   +1 more source

Shariah Compliance in Fair Distribution of Matrimonial Asset

2016
The divorced spouse often face obstacle in distribution of matrimonial asset especially in determining a fair portion of share of the asset. The problems in managing the dispute of dividing the asset caused delay and prolonged litigation process. Thus, to safeguard the interest of the parties in the marriage, Malaysian family law for Muslim regulates ...
Noorul Huda Sahari, Najibah Mohd Zin, Siti Khadijah Ab. Manan, Rafeah Saidon   +3 more
openaire   +1 more source