Islamic Finance
Identifier
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Legal Capacity of the Intelligent Facilitator and its Impact on Responsibility in Islamic Jurisprudence
| The “Intelligent Facilitator” is a computer program with several sensors and effectors and has some characteristics, such as autonomy, flexibility, learning, adaptation, communication, interaction with the users, the ability to transform goals into tasks, and acting in its environment. |
Intelligent Agent and Its Impact on E-commerce
| The first section of the paper deals with the concept of the Intelligent Agent, whereas the second section talks about its unique characteristics. In the last section, the paper discusses the impact of the Intelligent Agent on E-commerce. |
Ujarah on Qardh in Islamic Jurisprudence: A Comparative Study
| Many individuals and institutions charge Ujrah when they give Qardh. This raises questions about the permissibility of the ujrah in Islamic jurisprudence, particularly since all positive laws have approved its legitimacy worldwide. The paper attempts to answer this question in three sections. |
الطاعون والوباء: من اللاهوت العملي إلى الأخلاقيات التطبيقية
يناقش هذا البحث إشكالية العلاقة بين النص والتجربة، وبين النظر والعمل، من خلال النقاشات الكلاسيكية حول وباء الطاعون. ويُحاجّ أنه إذا كان اللاهوت العملي قد هيمن على مناقشة وباء الطاعون، فإن الأخلاقيات التطبيقية (وتحديدًا أسئلة الأخلاق الطبية) قد هيمنت في ظل وباء كورونا. فقد أدى توسع سلطة الطب، ونظام الدولة الحديثة، وبروز حقل الأخلاقيات التطبيقية إلى تراجع الأسئلة الكلامية. ينقسم البحث إلى محورين رئيسين؛ يتناول أولهما الوباء وخصوصية الطاعون، وكيف تحول من موضوع طبي (طبيعي) إلى موضوع ديني (ميتافيزيقي).
The Impact of Financial Development on Energy Intensity: Evidence from Islamic Banks
The relationship between financial development and energy intensity is yet to be firmly established as the literature develops, and the few empirical studies conducted provide conflicting results. While some conclude that there is a U-shaped relationship between financial development and energy intensity, others show a linear relationship between the two variables.
The Critical Shariah Issues of Sukuk
In view of the importance of sukuk as a dominant Islamic capital market instrument, and the enormous size of their market share within the Islamic finance industry, deliberation on their Shariah issues acquires special importance, especially in light of the controversies harboring some of them.
Penalty and Compensation in Financial Commitments - A Critical Sharia Review
The aim of this paper is to critically review the position of Shariah and contemporary ijtihād on penalty provisions in financial commitments. It is also to show that some relevant
Shariah Compliance Status and Value of Analysts' Recommendation Revisions: Evidence from Malaysia
| This study examines the effect of 1096 analyst recommendation revisions on prices of Shariah-compliant and Shariah non-compliant listed securities in Bursa Malaysia over the period 2005-2016. The study finds that while stocks added-to-buy had positive abnormal returns, the stocks added-to-sell and remove-from-buy had negative abnormal returns in short- and long-term horizons. This finding shows that analysts’ recommendation revisions carry valuable information. |