Islamic Finance

This research aims to review the current state of Indonesian Journals of religious studies indexed by Scopus. It also attempts to reveal the contribution of the religious studies journals in the publishing of Islamic economics and finance issues. This research uses content analysis. The data retrieved from Scopus, Google Scholar, and its journal's website. The result showed as per March 2020, there are five journals indexed by Scopus. Based on SJR, the international journal of Indonesian Muslims and societies (IJIMS) is the best journal that ranked at the Q1 level.

During the last couple of decades, the concept of ḥalāl markets has become ubiquitous covering sectors ranging from tourism and hospitality, fashion and clothing, pharmaceuticals and hospitals, to biotechnology and cryptocurrencies.

Using the data from Pakistan Panel Household Survey (2010), this paper assesses the role of financial inclusion in reducing social exclusion. The findings from regression analysis confirm a statistically significant negative impact of financial inclusion on social exclusion including deep [multidimensional] social exclusion. Deep exclusion for population having financial inclusion drops to 34.8% from 81% otherwise. Most importantly, none of the women was found having deep social exclusion if she has access to financial services.

The prevalence of widespread poverty is one of the most serious challenges confronting the world today. The intensity of the problem in developing countries, mostly OIC member countries (MCs), is more severe. The developed nations of the world have succeeded overtime to provide social protection to their masses by launching a variety of welfare programs. Unfortunately, similar social security measures either do not exist or do not work efficiently in the developing countries.