Journal Article

Al-tajribat al-Maliziya fi al-ta'min al-takafuli: dirasat tahliyah

Fares Djafri; Mohamad Akram Laldin (2022)

According to the Islamic financial services industry stability report published by IFSB in 2019, the takaful contributions in Southeast Asia were estimated to have reached US$ 3.86 billion in 2017, and Malaysia ranked first with total contributions of US$ 2.77 billion, which represented 70% of the total...

Journal Article

Communicated ethical identity disclosure (CEID) of Islamic banks under the AAOIFI and IFRS accounting regimes: a global evidence

Mohamed Anouar Gadhoum; Zulkarnain Muhamad Sori; Shamsher Mohamad Ramadili Mohd; Ziyaad Mahomed (2022)

This paper aims to assess the ethical disclosure of Islamic banks (IBs) under different accounting regimes and to ascertain whether the adoption of an Islamic accounting standards (Auditing Organization for Islamic Financial Institutions [AAOIFI]) promotes the practice of ethical disclosure. An ethical...

Journal Article

Adoption of the COSO methodology for internal Shari'ah audit

Said Bouheraoua; Fares Djafri (2022)

Islamic financial institutions (IFIs) are required to establish a Shari'ah Governance Framework (SGF) to strengthen their Shari'ah compliance mechanism and ensure that all relevant IFI regulations are in line with Shari'ah rules and principles. Effective implementation of the Shari'ah-compliance function...

Industry Article

Islamic finance stakeholders in the Maldives to strategize future of the industry

Aishath Muneeza (2022)

The importance of Muslim-friendly tourism to complement the unique tourism proposition of the Maldives was highlighted by the minister of tourism of the Maldives, Dr Abdulla Mausoom, during his speech as a chief guest at the Maldives Islamic Banking and Finance Industry conference held for the 9th consecutive...