Browsing by Topic Islamic finance

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Showing results 20 to 29 of 275
  • can_the_maldives_become_a_global_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • The opposition coalition that won the presidential election in the Maldives on the 23rd September 2018 has the first-ever political manifesto to contain a special agenda for the development of Islamic fi nance, demonstrating the evergrowing demand for Islamic finance in the Maldives.

  • case_riba_free_logo_halal_businesses_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2019)

  • Halal and haram is a concept which every Muslim must adhere to in all their daily affairs. Halal and haram are not terminologies relevant only for food or consumable items. In Shari'ah, the concept of halal and haram is also to be applied in muamalat or commercial matters. In short, all affairs of human must be based on doing what is halal or permissible and abstaining from what is haram or forbidden. According to Thomson Reuters' State of the Global Islamic Economy 2018/19 report, there are 1.8 billion Muslims in the world whose spending was estimated to be $2 trillion in 2017. In addition to Muslims, who made up a quarter of the world population, there are people of other faiths and...

  • central_bank_of_the_maldives_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • The Strategic Plan 2018-22 (the Strategic Plan) of the Maldives Monetary Authority (MMA), the central bank of the Maldives, was launched on the 23rd July 2018. In his inauguration speech, the MMA's governor, Ahmed Naseer, stated that the new strategic action plan for the next four years aims to revolutionize the payment system in the Maldives. The MMA's vision is to become a credible, independent and contemporary central bank committed to maintaining price stability and promoting inclusive, sustainable economic growth. The MMA's mission is to promote the international value and stability of the Maldivian rufiyaa, develop a secure and efficient payment system in the Maldives and foster...

  • ceo_maldives_islamic_bank_retires_Aishath.PDF.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • Harith Harun, the first CEO and managing director of Maldives Islamic Bank, has retired on the 31st March 2018. Harith is a Malaysian citizen who has contributed toward the creation of a fully-fledged Islamic finance industry in the Maldives. He played an instrumental role in creating the Islamic monetary market and other Islamic finance institutions that emerged in the country. The stakeholders of the Islamic finance industry are of the view that Harith leaving the position of the managing director of Maldives Islamic Bank is a loss to the industry. However, Harith will still serve as a director of the bank.

  • challenges_facing_shariah_committees_malaysian_islamic_financial_institutions_shamsher.pdf.jpg
  • Journal Article


  • Authors: Ramadili Mohd, Shamsher Mohamad; Muhamad Sori, Zulkarnain; Mohd Rasid, Mohamed Eskandar Shah (2016)

  • An effective system of rules, practices and processes by which Islamic Financial Institutions (IFIs) are directed and controlled to ensure their business operations are Shariah-compliant, which has important implications on their reputation, Shariah governance and the future growth of Islamic finance industry. Sixteen Chairmen of the Shariah Committees of Islamic financial institutions in Malaysia were interviewed on the challenges faced in carrying out their responsibilities and theri views on effective Shariah Committees. This paper summarizes the various challenges faced by Shariah committees in Islamic financial institutions in Malaysia.

  • Challenges_facing_the_Islamic_finance_industry_in_the_Maldives_Aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2012)

  • The Maldives is a country with limited resources. The lifeline of the economy is fishing and the golden goose of the country is tourism. The country also heavily depends on importation of goods. The financial system of the Maldives is based on conventional rules and laws. The financial and the economic system of the country are based on conventional economics and financial principles.

  • collaboration_to_bring_more_women_into_Islamic_finance_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2017)

  • The Women On Boards (WOB) NGO has signed an MoU with the Maldives Center for Islamic Finance (MCIF) on the 19th December 2016. This MoU is part of the efforts by WOB to bring women into Islamic finance. The areas of collaboration include maintaining a register of women in Islamic finance, collaborating with the MCIF on training and awareness of Islamic finance for women, research and development and working together overall to bring women into Islamic finance. This is indeed a remarkable effort to increase female participation in the Islamic finance industry.

  • item.jpg
  • PhD


  • Authors: Abarahan, Amnisuhailah (2019)

  • This study focuses on the issue of consumer protection in Islamic home financing from the Shariah perspective and related specifically to the abandoned housing projects in Malaysia. It is an endeavour to find out the extent of protection consumers get when their home financed by Islamic financial institutions end up abandoned. The study defines the consumer protection as the protection that emanates from Shariah contracts that safeguard the rights and welfare of the consumers in line with Shariah requirements. The research is a qualitative-based study. It is based on primary Shariah sources, regulations of consumer protection and abandoned housing projects as well as Shariah standards...

  • item.jpg
  • Journal Article


  • Authors: Hassan, M. Kabir; Karim, Mohammad Sydul; Muneeza, Aishath (2020)

  • The contention surrounding bitcoin's acceptability and usage has an unsettled premise in both conventional and Shari'ah law, although digital and cryptocurrencies reflect a lasting reality. This research analyses this contention by examining the concept of currency and/or money and the underpinning trust reposed on its issuing authority against the notion that cryptocurrencies and fiat money differ only in form but share the same substance and purport. Qualitative methodology provides an analysis from conventional as well as Shari'ah viewpoints to examine the extent cryptocurrencies can gain admittance in contemporary conventional and Islamic finance and economy. The methodology entai...

  • item.jpg
  • PhD


  • Authors: Islam, Muhammad Umar (2019)

  • Globally, the awareness about sustainability has increased due to the lingering environment, social and governance-related issues. In this perspective, the role of social media and consumer awareness are important since they influence the corporate sector to care for sustainable development. Banks, being very important to the economy, contribute to sustainability through their internal (through governance, data security, etc.) and external (through environment-friendly loans , financial inclusion, etc.) practices. These practices are collectively called as environment, society, and governance (ESG) sustainability. ESG practices by banks are important since they operate on public funds...

Browsing by Topic Islamic finance

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 20 to 29 of 275
  • can_the_maldives_become_a_global_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • The opposition coalition that won the presidential election in the Maldives on the 23rd September 2018 has the first-ever political manifesto to contain a special agenda for the development of Islamic fi nance, demonstrating the evergrowing demand for Islamic finance in the Maldives.

  • case_riba_free_logo_halal_businesses_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2019)

  • Halal and haram is a concept which every Muslim must adhere to in all their daily affairs. Halal and haram are not terminologies relevant only for food or consumable items. In Shari'ah, the concept of halal and haram is also to be applied in muamalat or commercial matters. In short, all affairs of human must be based on doing what is halal or permissible and abstaining from what is haram or forbidden. According to Thomson Reuters' State of the Global Islamic Economy 2018/19 report, there are 1.8 billion Muslims in the world whose spending was estimated to be $2 trillion in 2017. In addition to Muslims, who made up a quarter of the world population, there are people of other faiths and...

  • central_bank_of_the_maldives_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • The Strategic Plan 2018-22 (the Strategic Plan) of the Maldives Monetary Authority (MMA), the central bank of the Maldives, was launched on the 23rd July 2018. In his inauguration speech, the MMA's governor, Ahmed Naseer, stated that the new strategic action plan for the next four years aims to revolutionize the payment system in the Maldives. The MMA's vision is to become a credible, independent and contemporary central bank committed to maintaining price stability and promoting inclusive, sustainable economic growth. The MMA's mission is to promote the international value and stability of the Maldivian rufiyaa, develop a secure and efficient payment system in the Maldives and foster...

  • ceo_maldives_islamic_bank_retires_Aishath.PDF.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2018)

  • Harith Harun, the first CEO and managing director of Maldives Islamic Bank, has retired on the 31st March 2018. Harith is a Malaysian citizen who has contributed toward the creation of a fully-fledged Islamic finance industry in the Maldives. He played an instrumental role in creating the Islamic monetary market and other Islamic finance institutions that emerged in the country. The stakeholders of the Islamic finance industry are of the view that Harith leaving the position of the managing director of Maldives Islamic Bank is a loss to the industry. However, Harith will still serve as a director of the bank.

  • challenges_facing_shariah_committees_malaysian_islamic_financial_institutions_shamsher.pdf.jpg
  • Journal Article


  • Authors: Ramadili Mohd, Shamsher Mohamad; Muhamad Sori, Zulkarnain; Mohd Rasid, Mohamed Eskandar Shah (2016)

  • An effective system of rules, practices and processes by which Islamic Financial Institutions (IFIs) are directed and controlled to ensure their business operations are Shariah-compliant, which has important implications on their reputation, Shariah governance and the future growth of Islamic finance industry. Sixteen Chairmen of the Shariah Committees of Islamic financial institutions in Malaysia were interviewed on the challenges faced in carrying out their responsibilities and theri views on effective Shariah Committees. This paper summarizes the various challenges faced by Shariah committees in Islamic financial institutions in Malaysia.

  • Challenges_facing_the_Islamic_finance_industry_in_the_Maldives_Aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2012)

  • The Maldives is a country with limited resources. The lifeline of the economy is fishing and the golden goose of the country is tourism. The country also heavily depends on importation of goods. The financial system of the Maldives is based on conventional rules and laws. The financial and the economic system of the country are based on conventional economics and financial principles.

  • collaboration_to_bring_more_women_into_Islamic_finance_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2017)

  • The Women On Boards (WOB) NGO has signed an MoU with the Maldives Center for Islamic Finance (MCIF) on the 19th December 2016. This MoU is part of the efforts by WOB to bring women into Islamic finance. The areas of collaboration include maintaining a register of women in Islamic finance, collaborating with the MCIF on training and awareness of Islamic finance for women, research and development and working together overall to bring women into Islamic finance. This is indeed a remarkable effort to increase female participation in the Islamic finance industry.

  • item.jpg
  • PhD


  • Authors: Abarahan, Amnisuhailah (2019)

  • This study focuses on the issue of consumer protection in Islamic home financing from the Shariah perspective and related specifically to the abandoned housing projects in Malaysia. It is an endeavour to find out the extent of protection consumers get when their home financed by Islamic financial institutions end up abandoned. The study defines the consumer protection as the protection that emanates from Shariah contracts that safeguard the rights and welfare of the consumers in line with Shariah requirements. The research is a qualitative-based study. It is based on primary Shariah sources, regulations of consumer protection and abandoned housing projects as well as Shariah standards...

  • item.jpg
  • Journal Article


  • Authors: Hassan, M. Kabir; Karim, Mohammad Sydul; Muneeza, Aishath (2020)

  • The contention surrounding bitcoin's acceptability and usage has an unsettled premise in both conventional and Shari'ah law, although digital and cryptocurrencies reflect a lasting reality. This research analyses this contention by examining the concept of currency and/or money and the underpinning trust reposed on its issuing authority against the notion that cryptocurrencies and fiat money differ only in form but share the same substance and purport. Qualitative methodology provides an analysis from conventional as well as Shari'ah viewpoints to examine the extent cryptocurrencies can gain admittance in contemporary conventional and Islamic finance and economy. The methodology entai...

  • item.jpg
  • PhD


  • Authors: Islam, Muhammad Umar (2019)

  • Globally, the awareness about sustainability has increased due to the lingering environment, social and governance-related issues. In this perspective, the role of social media and consumer awareness are important since they influence the corporate sector to care for sustainable development. Banks, being very important to the economy, contribute to sustainability through their internal (through governance, data security, etc.) and external (through environment-friendly loans , financial inclusion, etc.) practices. These practices are collectively called as environment, society, and governance (ESG) sustainability. ESG practices by banks are important since they operate on public funds...