Ethics, Governance and Regulation in Islamic Finance

This volume titled Ethics, Governance, and Regulation in Islamic Finance is an attempt to highlight a few important inter-related topics. It consists of 14 papers that focus on their numerous dimensions. The papers were selected from the 8th International Conference on Islamic Economics and Finance held in Doha, 19–21 December 2011, and from the 9th International Conference on Islamic Economics and Finance held in Istanbul, 9–11 September 2013. 

PART 1: SHARIAH ISSUES AND BUSINESS ETHICS IN ISLAMIC FINANCE

Islamic Finance ijtihad in the information age: Quo vadis? / Tayyab Ahmed

Determinants of ethical identity disclosure among Malaysian and Bahrain Islamic banks / Rashidah Abdul Rahman and Nur Syatilla Saimi

Islamic business ethics and finance: An exploratory study of Islamic banks in Malaysia / Muhammad Adli Musa

Articulation of spirituality in the workplace: The case of Malaysia / Naail Mohammed Kamil, Ali Al-Kahtani and Mohamed Sulaiman

PART 2: GOVERNANCE AND CORPORATE SOCIAL RESPONSIBILITY IN ISLAMIC FINANCE

Corporate governance of Islamic financial institutions in Malaysia / Maliah Sulaiman, Norakma Abd Majid and Noraini Mohd Ariffin

Effect of characteristics of board of directors on corporate social responsibility disclosure by Islamic banks: Evidence from Gulf cooperation council countries / Abdullah Awadh Bukair and Azhar Abdul Rahman

Islamic corporate social responsibility in Islamic banking: Towards poverty alleviation / Muhammad Yasir Yusuf and Zakaria bin Bahari

Social responsibility dimension in Islamic investment: A survey of investors’ perspective in Malaysia / Mohd Nizam Barom

The corporate social performance indicators for Islamic banks: The manager’s perception / Hamidah Bani, Noraini Mohd Ariffin and Abdul Rahim Abdul Rahman

PART 3: LEGAL AND REGULATORY ISSUES IN ISLAMIC FINANCE

The continuing influence of common law judges and advocates in the adjudication of Islamic finance disputes in Nigeria / Abdulfatai O. Sambo and Abdulkadir B. Abdulkadir

Dispute resolution in Islamic finance: A case analysis of Malaysia / Umar A. Oseni and Abu Umar Faruq Ahmad

Regulatory and financial implications of Sukuk’s legal challenges for sustainable Sukuk development in Islamic capital market / Jhordy Kashoogie Nazar

Overcoming the divergence gap between applicable state law and Shariah principles: Enhancing clarity, predictability and enforceability in Islamic finance transactions within secular jurisdictions / Osman Sacarcelik