...Wafa Mohammed Ali Nasr; Aznan Hasan Purpose This paper focuses on the different Shari’ah resolutions on preference shares. This study aims to provide a systematic review to cover all authentic, peer-reviewed literature on this issue between the years 2001 and 2020. Design/methodology/approach...

...Md. Habibur Rahman; Md. Faruk Abdullah; Muhammad Nazmul Hoque; Abu Umar Faruq Ahmad Purpose This study aims to investigate and propose the potential practice of hibah al-ʿumra as a Shari‘ah-compliant policy that would encompass the disbursement of death benefits and facilitate their smooth...

...Md. Faruk Abdullah; Asmak Ab Rahman Purpose – The study aims to consider wa’dan-based products in Islamic banks in Malaysia and discuss the validity of wa’dan in those products from the perspective of Shari’ah. Design/methodology/approach – Case studies were conducted...

... Limited 2013 Cash waqf Financing Shari'ah Historically speaking the institution of waqf has played a significant role throughout Islamic history, from the time of the prophet (pbuh) to the beginning of the nineteenth century. Although the creation of waqf existed before Islam...

...Beebee Salma Sairally Purpose In order to fulfill the Shari'ah objective of promoting the welfare of society, institutions offering Islamic financial services (IIFS) are expected to consciously align their decisions and actions so that they are “socially responsible”. An integral policy...

... mistake it for an institution whose primary occupation is to prevent and control moral decadence and social vices in such societies. Practical implications The paper concludes that the task ahead of shari'ah implementing states in Nigeria therefore is to maximally exploit hisbah's economic role...