...Carolin Schellhorn Purpose The purpose of this study is to consider the limitations of traditional finance and to provide an overview of the challenges associated with the developing area of sustainable finance. In the context of multiple global systemic threats to humanity, the author argues...

...Akilu Aliyu Shinkafi; Nor Aini Ali Purpose The purpose of this paper is to come-up with a systematic exertion on Maqasid Shari’ah in Islamic economics, banking and finance, with a clear focus on forming an appropriate and novel framework that identifies the effort of contemporary scholars...

...Lorman Lundsten; Mary Daugherty; James Shovein; Michael Sullivan; Heino Beckmann; David Vang Purpose The article attempts to determine whether academic research in the area of finance has a direct link to the practitioners in the field. Design/methodology/approach This paper used a survey...

...Abdul Rahim Abdul Rahman Purpose The purpose of this paper is to assess the potential of Islamic financing schemes for microfinancing purposes. Design/methodology/approach The paper contends that Islamic finance has an important role to contribute for furthering socio‐economic development...

...Abdul Ghafar b. Ismail; Achmad Tohirin Purpose The purpose of this paper is to discuss Islamic laws which are relevant to finance. More specifically, it covers the types of contracts as foundation for the distinctive Islamic financial products. The current institutional framework of financial...

...Tarek H. Selim Purpose The purpose of this paper is to describe the application of the Islamic financing method based on direct musharakah to the conventional capital asset pricing model yielding several interesting hypotheses. Design/methodology/approach Theoretical methodology, with maximin...

... people to keep their control over political, economic and social spheres of Pakistan. There is an indispensable need to eradicate interest along with its allied forces from the polity of Pakistan. The practical success of interest‐free banking and finance movement in Pakistan could not be materialized...

... system. For Islamic economics, this would imply that the process of Islamization of knowledge/disciplines is futile without addressing this issue first. Accordingly, the establishment of Islamic economics, banking and finance warrants a serious look into the current definition of money and monetary...