... The following article was selected for this year’s Outstanding Paper Award for   Journal of Islamic Accounting and Business Research “Supervisory, regulatory, and capital adequacy implications of profit-sharing investment accounts in Islamic finance” Simon Archer...

... of an incentive‐based regulatory mechanism to encourage Islamic banks to reconcile their intended normative structure (profit and loss sharing) with the operational and pragmatic realities within which Islamic banks exist. Design/methodology/approach The paper traces the regulatory infrastructure...

...Simon Archer; Rifaat Ahmed Abdel Karim; Venkataraman Sundararajan Purpose The aims of this paper are: first, to draw attention to the issues of displaced commercial risk (DCR) which arise as a result of the risk characteristics of profit‐sharing investment accounts (PSIA), the main source...