Sustainability - Sustainable / Circular Economy

Inequalities and social exclusion are the consequences of imbalanced economic growth, prompting the World Bank to establish new targets for eradicating extreme poverty and promoting shared prosperity. Surprisingly, the contemporary solution methods are consistent with Shari’ah’s objectives. Stressing the importance of balanced growth, this study aims to quantify prosperity sharing in 28 developed and 14 developing nations by reshaping the notion of sustainable development from an Islamic perspective.

After publication, it was noticed that the sentence “2irardandHassan(2007om day1nforfunds in1990s” was introduced in the equations 3, 4 and 5 by mistake. It should be removed from the equations 3, 4 and 5. The original arti- cle will be updated accordingly.

Using a dataset of 91 Islamic and 78 conventional funds from 2007 to 2016, this study analyzes the flow–return relation of Islamic and conventional funds in Malaysia. We find that the fund flow–return relation for Islamic funds is positive and stronger than that of conventional funds for positive performers. Moreover, Islamic funds still attract fund flows, while conventional funds experience capital outflow during a negative performance. Besides, this study is unique by its attempt to capture the effect of the month of

The jurisprudence of al-Ma’ālāt is an ancient jurisprudence rooted in Islamic law, and it is concerned with analyzing and taking into consideration the consequences and results people’s actions can generate. The

This paper seeks to analyze the objectives of the Shariah prohibition of combining contracts together. This is important as it is really feared that some interpretations of the Shariah texts suggest such prohibition may have unnecessarily and arbitrarily burdened peoples' financial transactions. The paper attempts to reconcile those texts and the general Shariah objectives of Islamic financial law.

Social scientists raised several questions about the nature of wealth. For example, how we can define wealth, its nature, how one can get it (natural or unnatural way), its impact on man's behavior (good or bad).

During the past four decades and particularly since the mid-1980s, a lot of expansion has occurred in the Islamic financial market, which allowed Muslim households to invest in Islamic-based products.

This book addresses the theory, practices, challenges, key issues and potential future policies concerning investment and wealth management in connection with Islamic finance. There is a noted scarcity of literature on Islamic approaches towards wealth management from a jurisprudential perspective, and so this book aims to address this lacuna in available literature.