Conferences

Islamic finance has the same aim as conventional finance which is to gain profit through financial activities. What distinguishes Islamic finance against conventional finance is Islamic financial activities must be in line with Shari'ah (Islamic Law). Financing in Islamic finance is divided into two categories: equity financing and loan financing. For loan financing, Islamic hire purchase is a contract widely used in Malaysia after Bai' Bithaman Ajil.

Social performance is incumbent as one of the maqasid Shariah of Islamic banks. A perception study involving questionnaire surveys was conducted of 152 Islamic bank managers in Malaysia as a means of searching for empirical evidence of what constitutes Corporate Social Performance (CSP) indicators for Islamic banks. Using 50  indicators as a CSP construct, the study found that there are forty-seven important indicators for CSP in Islamic banks.

The growth and development of an Islamic capital market and finance depends on the institutions in which its dispute resolutions are anchored. The institution for Islamic finance dispute resolution and their practitioners must be knowledgeable and versed in Islamic finance. Despite this, those who are trained in common law either as judges or advocates continue to weigh a considerable influence in matters which border on Islamic finance dispute resolution. This problem is further compounded by the constitutional backing given to these judges and advocates.

The introduction and development of Islamic banking systems is highly competitive not only in Islamic countries, but among non-Muslim countries as well (Abdul Hamid, 20011).

Islamic economics is challenged whether it can be called a discipline in the sense of having a clear subject-matter, well-organized body of knowledge, methodology to appraise theories and systematic accumulation of knowledge. Islamic economics is still in the formative stage to be a discipline. Many fundamental issues need to be seriously addressed by the scientific community for Islamic economics to be a legitimate discipline.

This paper focuses on the short and long term assets and liabilities gap and the determinants of net interest/profit margins of both conventional banks and Islamic banks in the Organization of Islamic Cooperation countries over the period from 1997 to 2010. The results show that both conventional and Islamic banks have negative short-term gaps and positive long-term gaps. These indicate that banks use short -term deposits and funding to finance long-term loans, advances and investments, taking into consideration refinancing and reinvestment risks.

Sukuk market has grown tremendously and has gained attention from many countries.Various innovation has been designed to ensure the marketability of such instruments. However, these innovations have generated various shariah and financial issues and controversies. Among others, is the issue of the

The increasing use of Sukuks as capital raising instruments is no doubt having a positive effect on the fund management industry and the Islamic capital market, but its effect on shareholders’ wealth is unclear especially during volatile global financial market. This paper study the impact of

The concept of socio-economic justice is of utmost importance in Islamic teachings. Through examining Nahj al-Balagha, a 10th century collection of sermons and letters of Imam Ali Ibn Abutalib, this paper aims to present a comprehensive account of Imam Ali's view on poverty and socio-economic justice in

The current study is exploring the area of Shari’ah compliance disclosures for Islamic banks in Palestine. In particular, the study aims at investigating customers’ and professionals’ opinions about such disclosures and the level of their understanding of Islamic banks using the case of Palestine Islamic bank.