Browsing by Author Fares Djafri

Jump to: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
or enter first few letters:  
Showing results 1 to 16 of 16
  • Application_of_microfinance_in_selected_Islamic_banks_in_Malaysia_Omar_Fares_Kamaruzaman.pdf.jpg
  • Journal Article


  • Authors: Omar Kachkar; Fares Djafri; Kamaruzaman Noordin (2016)

  • This paper aims to investigate the issues and challenges faced by Islamic banks in implementing Microfinance (MF) in selected Islamic banks in Malaysia. An empirical study is endeavoured consisting of semi structured interviews with senior managers and officers from four Islamic banks in order to address the main research questions. Out of the four selected Islamic Banks, only two are currently providing MF. The MF programs in these two banks are mostly restricted to pensioners, army wives, registered companies and companies operating for a minimum of two to three years. The main challenges facing Islamic Banks when dealing with MF can be highlighted in the following points: the defau...

  • Applications_of_Malaysia_Deposit_Insurance_Corporation_(MDIC)_to_takaful operators_Nurdianawati_Fares.pdf.jpg
  • Journal Article


  • Authors: Nurdianawati Irwani Abdullah; Fares Djafri (2012)

  • The global takaful market is estimated by market analysts to reach a premium of U.S. $ 12.5 billion by 2015. Malaysia is considered the second largest takaful in the world with total asset of US$ 3.2 billion. One of the new innovations of takaful and insurance in Malaysia is Perbadanan Insurance Deposit Malaysia (PIDM) which is also known internationally as the Malaysia Deposit Insurance Corporation (MDIC). The role of MDIC is to provide protection to owners of takaful certificate and to ensure the stability and confidence in the market by protecting policy holder (takaful certificate). Therefore, this study investigates the extent to which MDIC is relevant to takaful operators. Perso...

  • The_emerging_Shariah_issues_of_the_Covid-19_pandemic_in_contemporary_Islamic_financial_applications_Said Bouheraoua_Fares_Said Adekunle.jpg.jpg
  • Research Monograph


  • Authors: Said Bouheraoua; Fares Djafri; Sa'id Adekunle Mikail (2021)

  • The outbreak of the coronavirus epidemic (COVID-19), classified by the World Health Organization as a pandemic, has led to the emergence of many challenges. It started as a health crisis and then turned into a global economic crisis that most countries could not manage or control as a result of lockdown policies and restrictions on movement and travel. This is not to mention the forms of damage that have affected the contractual obligations and rights of various contracting parties at the level of financial institutions such as banks, takaful companies and others. The challenges imposed by the coronavirus pandemic have led to a reexamination of the fiqh treatment of catastrophes. The ...

  • item.jpg
  • Journal Article


  • Authors: Omar Kachkar; Fares Djafri (2021)

  • This study aims to investigate the relevance of the theory of planned behaviour (TPB) in predicting the intentional behaviour of refugee entrepreneurs. This paper uses key components of the theory on attitude, subjective norms and perceived control to explore the willingness of refugees to participate in microenterprise support programmes (MESP) in refugee camps. This study used a positivist research approach, comprising a quantitative basis of enquiry and gathered data via survey questionnaires. In total, 400 usable questionnaires were completed and used for analysis. This study uses descriptive and inferential analysis with SPSS and confirmatory factor analysis with AMOS to test thr...

  • The_global_perspective_of_Islamic_finance_and_the_potential_for_China_Fares_Akram.pdf.jpg
  • Journal Article


  • Authors: Fares Djafri; Mohamad Akram Laldin; Abdelkader Laallam (2021)

  • Islamic finance is considered one of the fastest-growing segments of the global financial industry. Over the last four decades, Islamic finance has expanded globally to western and other non-Muslim countries. This paper aims to explore the potential for China to tap into the Islamic finance market and the challenges that may face the implementation of Islamic finance there. This study adopts a qualitative method of inquiry and utilizes the inductive method and content analysis to build comprehensive knowledge that would assist in exploring the significance and potential benefits that China may gain from the adoption of Islamic finance. The study reveals that China has a huge opportuni...

  • The_impact_of_service_quality_student_satisfaction_and_university_reputation_on_student_loyalty_Fares_Meguellati_Omar.pdf.jpg
  • Journal Article


  • Authors: Fares Djafri; Meguellati Achour; Omar Kachkar (2013)

  • The purpose of this paper is to examine the relationship between service quality, student satisfaction, university reputation, and student loyalty in the International Islamic University Malaysia (IIUM). This study aims to improve our understanding of student loyalty and to highlight the effect of student satisfaction, service quality, and brand image in building student loyalty towards IIUM. Data were randomly collected from 160 students studying in IIUM during the 2012/2013 academic session. Data analysis encompasses descriptive analysis, reliability analysis, exploratory factor analysis (EFA), correlation, and regression analysis. The data resulted in acceptably high reliability. T...

  • The_impact_of_workplace_spirituality_on_organizational commitment_Fares.pdf.jpg
  • Journal Article


  • Authors: Fares Djafri; Kamaruzaman Noordin (2017)

  • Despite extensive studies on predictors and antecedents of organizational commitment, empirical research studies on the impact of workplace spirituality on organizational commitment remain scarce. This study aims to examine the impact of the dimensions of workplace spirituality on agents� organizational commitment in Islamic insurance (takaful) industry in Malaysia. This study used a positivist research approach, comprising a quantitative basis of enquiry, and gathered data via survey questionnaires. In total, 600 questionnaires were distributed and finally 395 usable cases were selected for analysis. Pearson�s correlation and stepwise multiple regressions analyses were used to analyz...

  • Islamic_finance_in_the_digital_world_opportunities_and_challenges_Akram_Fares.pdf.jpg
  • Journal Article


  • Authors: Mohamad Akram Laldin; Fares Djafri (2019)

  • Islamic finance has grown considerably over the last four decades and has a global reach. It is considered one of the fastest-growing segments of the global financial industry. One of the biggest challenges for Islamic finance in the next decade is in financial technology (known as Fintech). In the digital world, traditional financial practice will be left behind. This paper examines the phenomenon of financial innovation and technology in Islamic finance and its Shariah parameters. The research adopts a qualitative approach employing the inductive method to trace primary and secondary data on the topic and the descriptive method to describe the emergence of fintech in the Islamic fin...

  • item.jpg
  • Research Monograph


  • Authors: Fares Djafri; Younes Soualhi (2021)

  • This report is the last part of a four-part thought leadership series delivered by the International Shari'ah Research Academy for Islamic Finance (ISRA) in partnership with the Islamic Finance Council UK (UKIFC). The series is intended to inspire IFIs to embrace the SDGs and demonstrate to the world that consideration for people, planet and purpose can coexist with profit and form the heart of the next generation of Islamic financial products. This part will mainly document the current level of knowledge, understanding and perspectives on the SDGs amongst key IF industry stakeholders, primarily Shariah scholars. The concept of sustainable development was articulated for the first tim...

  • Islamic_spirituality_and_entrepreneurship_case_study_of_women_entrepreneurs_in_Malaysia_Fadila_Fares_Meguellati.pdf.jpg
  • Journal Article


  • Authors: Fadila Grine; Fares Djafri; Meguellati Achour (2015)

  • This research explores the influence of Islamic spirituality on Muslim women's entrepreneurship in Malaysia, showing the effects of spirituality on their careers, business ventures and general entrepreneurial behavior. An empirical study consisting of open-ended interviews with women entrepreneurs in Malaysia was undertaken to explore the impact of spirituality on shaping their entrepreneurial activities, ethical choices, decision-making, and enhancing work-life satisfaction. The findings of this study highlight the position and key role of spirituality in the success of Muslim female entrepreneurs. This study underscores not only the religious compatibility between work and women suc...

  • item.jpg
  • Industry Article


  • Authors: Fares Djafri (2016)

  • The Islamic insurance sector or akaful has seen remarkable global growth in many major markets, especially in Muslim dominated countries. However, the development of Islamic finance, particularly takaful in Algeria appears to have lagged behind. Although there are two Islamic banks operating in Algeria, takaful is yet to be introduced into the Algerian financial market. We ran a study to investigate the perspective of Algerian experts in Islamic finance and takaful on the issues and challenges of introducing Islamic insurance into the Algerian financial market to address the following questions: What are the benefits of introducing Islamic insurance into the Algerian financial market?...

  • The_measurement_model_of_performance determinants_Fares.pdf.jpg
  • Journal Article


  • Authors: Fares Djafri; Kamaruzaman Noordin; Kamil Naail Mohammed (2018)

  • The study aims to investigate the measurement model of four constructs, namely, spirituality at the workplace (SP), Islamic spirituality (ISP), organizational commitment (OC) and organizational citizenship behaviours (OCB). The study aims to contribute new knowledge to the existing literature whereby performance determinants comprising these constructs, serve to improve employee well-being which ultimately improves organizational performance. Using disproportionate stratified random sampling, the survey data used for this empirical research were drawn from 482 employees working in takaful agencies in Malaysia. After yielding an instrument to measure SP, ISP, OCB and OC, principal comp...

  • The_role_of_Islamic_finance_in_achieving_sustainable_development_goals_SDGs_Akram_Fares.pdf.jpg
  • Chapter in Book


  • Authors: Mohamad Akram Laldin; Fares Djafri (2021)

  • The concept of sustainable development has been articulated for the first time in the Brundtland Report, also called "Our Common Future" published in 1987 by the World Commission on Environment and Development (WCED) and supported by the United Nations (UN). According to Brundtland Report, Sustainable Development is defined as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." In 2015 the United Nations has introduced the new global development agenda for 2015 through 2030 and adopted a set of seventeen Sustainable Development Goals (SDGs) for the action of the member states. According to UNDP, the SDGs as ...

  • Shariah_framework_for_pricing_family_takaful_products_Younes_Fares.pdf.jpg
  • Journal Article


  • Authors: Younes Soualhi; Fares Djafri (2021)

  • This research investigates the Shari'ah compliance of the pricing elements used in family takaful products. The reviewed literature has revealed a great deal of emphasis on the Shari'ah aspects of the takaful contract, distribution of surplus, models used, incorporating waqf in takaful, and the relationship among the parties. Other research has focused on the operational and technical aspects of takaful such as underwriting, pricing, reserving and risk management. None of these studies has addressed the Shari'ah compliance of the pricing elements of family takaful products. Through qualitative research using open-ended interviews as well as content analysis, this research analyses the...

  • Unearned_wakalah_fee_in_the_takaful_industry_in_Malaysia_Sa'id Adekunle_Fares_Mahadi_Burhanuddin.jpg.jpg
  • Research Monograph


  • Authors: Sa'id Adekunle Mikail; Fares Djafri; Mahadi Ahmad; Burhanuddin Lukman (2021)

  • The issue of unearned wakalah fees (UWF) arises due to the statutory requirements in the Islamic Financial Services Act (IFSA 2013) that mandate takaful operators to refund any undue contribution with the corresponding wakaah fee in the event of surrender or termination of a takaful certificate. The relevant statutory provisions and Bank Negara Malaysia (BNM) guidelines on the valuation basis for liabilities of family and general takaful are open to more than one interpretation, and the exact definition and components of money not due are not clear. The implementation of the statutory provisions and regulatory guidelines on the refund of UWF has raised the following issues for the Ma...

  • Waqf_development_in_Malaysia_Akram_Fares.pdf.jpg
  • Chapter in Book


  • Authors: Mohamad Akram Laldin; Sharifah Zubaidah Syed Abdul-Kader; Fares Djafri (2022)

  • The practice of waqf has existed in Malaysia since the coming of Islam to the Malay Archipelago in the 9th century (CE) (Arnold, 1913). The early awqaf properties were in the form of prayer rooms (surau), mosques, cemeteries and subsequently, madrasahs (Dahlan & Kamarudin, 2006). Mahamood divides the history of waqf in Malaysia into three phases, namely, pre-colonial Malaya, colonial Malaya and postindependence Malaya (Mahamood, 2006) but notes that there has not been much research done on the pre-colonial period in order to confirm the first awqaf properties in Malaya. Based on the premise that the earliest awqaf created were in the form of mosques, the earliest official mosque is sa...

Browsing by Author Fares Djafri

Jump to: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
or enter first few letters:  
Showing results 1 to 16 of 16
  • Application_of_microfinance_in_selected_Islamic_banks_in_Malaysia_Omar_Fares_Kamaruzaman.pdf.jpg
  • Journal Article


  • Authors: Omar Kachkar; Fares Djafri; Kamaruzaman Noordin (2016)

  • This paper aims to investigate the issues and challenges faced by Islamic banks in implementing Microfinance (MF) in selected Islamic banks in Malaysia. An empirical study is endeavoured consisting of semi structured interviews with senior managers and officers from four Islamic banks in order to address the main research questions. Out of the four selected Islamic Banks, only two are currently providing MF. The MF programs in these two banks are mostly restricted to pensioners, army wives, registered companies and companies operating for a minimum of two to three years. The main challenges facing Islamic Banks when dealing with MF can be highlighted in the following points: the defau...

  • Applications_of_Malaysia_Deposit_Insurance_Corporation_(MDIC)_to_takaful operators_Nurdianawati_Fares.pdf.jpg
  • Journal Article


  • Authors: Nurdianawati Irwani Abdullah; Fares Djafri (2012)

  • The global takaful market is estimated by market analysts to reach a premium of U.S. $ 12.5 billion by 2015. Malaysia is considered the second largest takaful in the world with total asset of US$ 3.2 billion. One of the new innovations of takaful and insurance in Malaysia is Perbadanan Insurance Deposit Malaysia (PIDM) which is also known internationally as the Malaysia Deposit Insurance Corporation (MDIC). The role of MDIC is to provide protection to owners of takaful certificate and to ensure the stability and confidence in the market by protecting policy holder (takaful certificate). Therefore, this study investigates the extent to which MDIC is relevant to takaful operators. Perso...

  • The_emerging_Shariah_issues_of_the_Covid-19_pandemic_in_contemporary_Islamic_financial_applications_Said Bouheraoua_Fares_Said Adekunle.jpg.jpg
  • Research Monograph


  • Authors: Said Bouheraoua; Fares Djafri; Sa'id Adekunle Mikail (2021)

  • The outbreak of the coronavirus epidemic (COVID-19), classified by the World Health Organization as a pandemic, has led to the emergence of many challenges. It started as a health crisis and then turned into a global economic crisis that most countries could not manage or control as a result of lockdown policies and restrictions on movement and travel. This is not to mention the forms of damage that have affected the contractual obligations and rights of various contracting parties at the level of financial institutions such as banks, takaful companies and others. The challenges imposed by the coronavirus pandemic have led to a reexamination of the fiqh treatment of catastrophes. The ...

  • item.jpg
  • Journal Article


  • Authors: Omar Kachkar; Fares Djafri (2021)

  • This study aims to investigate the relevance of the theory of planned behaviour (TPB) in predicting the intentional behaviour of refugee entrepreneurs. This paper uses key components of the theory on attitude, subjective norms and perceived control to explore the willingness of refugees to participate in microenterprise support programmes (MESP) in refugee camps. This study used a positivist research approach, comprising a quantitative basis of enquiry and gathered data via survey questionnaires. In total, 400 usable questionnaires were completed and used for analysis. This study uses descriptive and inferential analysis with SPSS and confirmatory factor analysis with AMOS to test thr...

  • The_global_perspective_of_Islamic_finance_and_the_potential_for_China_Fares_Akram.pdf.jpg
  • Journal Article


  • Authors: Fares Djafri; Mohamad Akram Laldin; Abdelkader Laallam (2021)

  • Islamic finance is considered one of the fastest-growing segments of the global financial industry. Over the last four decades, Islamic finance has expanded globally to western and other non-Muslim countries. This paper aims to explore the potential for China to tap into the Islamic finance market and the challenges that may face the implementation of Islamic finance there. This study adopts a qualitative method of inquiry and utilizes the inductive method and content analysis to build comprehensive knowledge that would assist in exploring the significance and potential benefits that China may gain from the adoption of Islamic finance. The study reveals that China has a huge opportuni...

  • The_impact_of_service_quality_student_satisfaction_and_university_reputation_on_student_loyalty_Fares_Meguellati_Omar.pdf.jpg
  • Journal Article


  • Authors: Fares Djafri; Meguellati Achour; Omar Kachkar (2013)

  • The purpose of this paper is to examine the relationship between service quality, student satisfaction, university reputation, and student loyalty in the International Islamic University Malaysia (IIUM). This study aims to improve our understanding of student loyalty and to highlight the effect of student satisfaction, service quality, and brand image in building student loyalty towards IIUM. Data were randomly collected from 160 students studying in IIUM during the 2012/2013 academic session. Data analysis encompasses descriptive analysis, reliability analysis, exploratory factor analysis (EFA), correlation, and regression analysis. The data resulted in acceptably high reliability. T...

  • The_impact_of_workplace_spirituality_on_organizational commitment_Fares.pdf.jpg
  • Journal Article


  • Authors: Fares Djafri; Kamaruzaman Noordin (2017)

  • Despite extensive studies on predictors and antecedents of organizational commitment, empirical research studies on the impact of workplace spirituality on organizational commitment remain scarce. This study aims to examine the impact of the dimensions of workplace spirituality on agents� organizational commitment in Islamic insurance (takaful) industry in Malaysia. This study used a positivist research approach, comprising a quantitative basis of enquiry, and gathered data via survey questionnaires. In total, 600 questionnaires were distributed and finally 395 usable cases were selected for analysis. Pearson�s correlation and stepwise multiple regressions analyses were used to analyz...

  • Islamic_finance_in_the_digital_world_opportunities_and_challenges_Akram_Fares.pdf.jpg
  • Journal Article


  • Authors: Mohamad Akram Laldin; Fares Djafri (2019)

  • Islamic finance has grown considerably over the last four decades and has a global reach. It is considered one of the fastest-growing segments of the global financial industry. One of the biggest challenges for Islamic finance in the next decade is in financial technology (known as Fintech). In the digital world, traditional financial practice will be left behind. This paper examines the phenomenon of financial innovation and technology in Islamic finance and its Shariah parameters. The research adopts a qualitative approach employing the inductive method to trace primary and secondary data on the topic and the descriptive method to describe the emergence of fintech in the Islamic fin...

  • item.jpg
  • Research Monograph


  • Authors: Fares Djafri; Younes Soualhi (2021)

  • This report is the last part of a four-part thought leadership series delivered by the International Shari'ah Research Academy for Islamic Finance (ISRA) in partnership with the Islamic Finance Council UK (UKIFC). The series is intended to inspire IFIs to embrace the SDGs and demonstrate to the world that consideration for people, planet and purpose can coexist with profit and form the heart of the next generation of Islamic financial products. This part will mainly document the current level of knowledge, understanding and perspectives on the SDGs amongst key IF industry stakeholders, primarily Shariah scholars. The concept of sustainable development was articulated for the first tim...

  • Islamic_spirituality_and_entrepreneurship_case_study_of_women_entrepreneurs_in_Malaysia_Fadila_Fares_Meguellati.pdf.jpg
  • Journal Article


  • Authors: Fadila Grine; Fares Djafri; Meguellati Achour (2015)

  • This research explores the influence of Islamic spirituality on Muslim women's entrepreneurship in Malaysia, showing the effects of spirituality on their careers, business ventures and general entrepreneurial behavior. An empirical study consisting of open-ended interviews with women entrepreneurs in Malaysia was undertaken to explore the impact of spirituality on shaping their entrepreneurial activities, ethical choices, decision-making, and enhancing work-life satisfaction. The findings of this study highlight the position and key role of spirituality in the success of Muslim female entrepreneurs. This study underscores not only the religious compatibility between work and women suc...

  • item.jpg
  • Industry Article


  • Authors: Fares Djafri (2016)

  • The Islamic insurance sector or akaful has seen remarkable global growth in many major markets, especially in Muslim dominated countries. However, the development of Islamic finance, particularly takaful in Algeria appears to have lagged behind. Although there are two Islamic banks operating in Algeria, takaful is yet to be introduced into the Algerian financial market. We ran a study to investigate the perspective of Algerian experts in Islamic finance and takaful on the issues and challenges of introducing Islamic insurance into the Algerian financial market to address the following questions: What are the benefits of introducing Islamic insurance into the Algerian financial market?...

  • The_measurement_model_of_performance determinants_Fares.pdf.jpg
  • Journal Article


  • Authors: Fares Djafri; Kamaruzaman Noordin; Kamil Naail Mohammed (2018)

  • The study aims to investigate the measurement model of four constructs, namely, spirituality at the workplace (SP), Islamic spirituality (ISP), organizational commitment (OC) and organizational citizenship behaviours (OCB). The study aims to contribute new knowledge to the existing literature whereby performance determinants comprising these constructs, serve to improve employee well-being which ultimately improves organizational performance. Using disproportionate stratified random sampling, the survey data used for this empirical research were drawn from 482 employees working in takaful agencies in Malaysia. After yielding an instrument to measure SP, ISP, OCB and OC, principal comp...

  • The_role_of_Islamic_finance_in_achieving_sustainable_development_goals_SDGs_Akram_Fares.pdf.jpg
  • Chapter in Book


  • Authors: Mohamad Akram Laldin; Fares Djafri (2021)

  • The concept of sustainable development has been articulated for the first time in the Brundtland Report, also called "Our Common Future" published in 1987 by the World Commission on Environment and Development (WCED) and supported by the United Nations (UN). According to Brundtland Report, Sustainable Development is defined as "development that meets the needs of the present without compromising the ability of future generations to meet their own needs." In 2015 the United Nations has introduced the new global development agenda for 2015 through 2030 and adopted a set of seventeen Sustainable Development Goals (SDGs) for the action of the member states. According to UNDP, the SDGs as ...

  • Shariah_framework_for_pricing_family_takaful_products_Younes_Fares.pdf.jpg
  • Journal Article


  • Authors: Younes Soualhi; Fares Djafri (2021)

  • This research investigates the Shari'ah compliance of the pricing elements used in family takaful products. The reviewed literature has revealed a great deal of emphasis on the Shari'ah aspects of the takaful contract, distribution of surplus, models used, incorporating waqf in takaful, and the relationship among the parties. Other research has focused on the operational and technical aspects of takaful such as underwriting, pricing, reserving and risk management. None of these studies has addressed the Shari'ah compliance of the pricing elements of family takaful products. Through qualitative research using open-ended interviews as well as content analysis, this research analyses the...

  • Unearned_wakalah_fee_in_the_takaful_industry_in_Malaysia_Sa'id Adekunle_Fares_Mahadi_Burhanuddin.jpg.jpg
  • Research Monograph


  • Authors: Sa'id Adekunle Mikail; Fares Djafri; Mahadi Ahmad; Burhanuddin Lukman (2021)

  • The issue of unearned wakalah fees (UWF) arises due to the statutory requirements in the Islamic Financial Services Act (IFSA 2013) that mandate takaful operators to refund any undue contribution with the corresponding wakaah fee in the event of surrender or termination of a takaful certificate. The relevant statutory provisions and Bank Negara Malaysia (BNM) guidelines on the valuation basis for liabilities of family and general takaful are open to more than one interpretation, and the exact definition and components of money not due are not clear. The implementation of the statutory provisions and regulatory guidelines on the refund of UWF has raised the following issues for the Ma...

  • Waqf_development_in_Malaysia_Akram_Fares.pdf.jpg
  • Chapter in Book


  • Authors: Mohamad Akram Laldin; Sharifah Zubaidah Syed Abdul-Kader; Fares Djafri (2022)

  • The practice of waqf has existed in Malaysia since the coming of Islam to the Malay Archipelago in the 9th century (CE) (Arnold, 1913). The early awqaf properties were in the form of prayer rooms (surau), mosques, cemeteries and subsequently, madrasahs (Dahlan & Kamarudin, 2006). Mahamood divides the history of waqf in Malaysia into three phases, namely, pre-colonial Malaya, colonial Malaya and postindependence Malaya (Mahamood, 2006) but notes that there has not been much research done on the pre-colonial period in order to confirm the first awqaf properties in Malaya. Based on the premise that the earliest awqaf created were in the form of mosques, the earliest official mosque is sa...