Shariah non-compliance risk and its effects on Islamic financial institutions [PDF]
, 2016 The objective of this paper is to provide the definition of shariah non-compliance risk associated with Islamic financial institutions (IFIs). Having a precise definition of shariah non-compliance risks is highly necessary for the purpose of developing a
Nik Zainun
core +3 more sources
Shariah vs non-shariah IPO underpricing: evidence from Indonesia Stock Exchange [PDF]
, 2021 This study aims to investigate the effect of shariah status on initial public offering (IPO) underpricing, long-term performance and relationship between short-term and long-term IPO performance, and attempt to gain an insight into the nature of ...
Mamduh M. Hanafi, - +3 more
core +1 more source
The practices of risk-based internal shariah auditing within Malaysian takaful operators: a multiple case study [PDF]
, 2020 Shariah audit functions within Islamic Financial Institutions were imposed by Bank Negara Malaysia (BNM) with the issuance of Shariah Governance Framework in 2010.
Abdullah, Nurdianawati Irwani +2 more
core +1 more source
New product development (NPD) process in Islamic banks: the role of Shariah Supervisory Boards (SSBs) [PDF]
, 2021 The combined environmental effects of technological change, growing competition, and increasingly demanding consumers have created pressure within the Islamic financial services industry for change. One outcome has been a proliferation of new products in
Al Fageh, Ameira
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Modeling Shariah business screening for compliance in Islamic finance / Noor Latiffah Adam [PDF]
, 2022 This research explores one of the important issues in Islamic finance, which is Shariah compliant status - a level of acceptance of certain situations or events according to the Islamic faith.
Adam, Noor Latiffah
core
Compliance with IFRS17 Standards in Takaful Insurance: Challenges, Solutions, and Future Perspectives for Egyptian Market [PDF]
Maǧallaẗ Al-Buḥūṯ Al-Mālīyyaẗ wa Al-TiğāriyyaẗThe insurance companies prepare themselves to adopt International Financial Reporting Standard (IFRS 17) insurance contracts from January 1, 2023.
Islam farid Mostafa Elsaid +1 more
doaj +1 more source
Tensions of Sustainability Logics: Performance of a Company Utilizing a Sustainable Business Model
Business Strategy and the Environment, EarlyView.ABSTRACT In recent years, companies have used sustainable business models to gain a competitive advantage. However, there are tensions due to the inconsistency between social, environmental, and economic logic in sustainable business models, making it difficult for companies to change. To understand the existing tensions and interactions between logics,
Ann‐Kristin Thienemann
wiley +1 more source
Information systems for adaptive shariah compliant financial services: defining adaptation constructs [PDF]
, 2011 Asymmetry of information in financial service creates excessive uncertainty termed gharar, which makes a financial transaction invalid (haram) in Islamic Law (Shariah). Information systems customised to shariah compliant financial service (SCFS) can make
Patel, N
core
Business Strategy and the Environment, EarlyView.ABSTRACT This study examines how firms secure legitimacy in markets where faith‐based expectations and environmental responsibility intersect, focusing on halal–green cosmetics among Muslim women. It conceptualises halal trust and green trust as parallel legitimacy pathways reflecting faith‐based legitimacy and environmental credibility, respectively ...
Dwi Suhartanto +4 more
wiley +1 more source
Integrating ESG in Shariah stock screening: viability and impacts [PDF]
Shariah-compliant equity investors rely on a Shariah screening process to verify the compliance status of a specific stock with Shariah principles. Nonetheless, due to the lack of explicit focus on sustainability in the current Shariah stock screening ...
Hasan, Aznan +5 more
core +1 more source