...Siti Faridah Abdul Jabbar Purpose The purpose of this paper is to discuss various situations in the Islamic financial services industry that are asserted to facilitate money laundering and the counter-arguments to the assertions. Design/methodology/approach The approach adopted by this paper...

... the nature of the crime of terrorist financing and money laundering, the necessity of the criminalization of terrorist financing as an inchoate crime in accordance with the principles of Islamic criminal law will be examined. Findings While the criminalization of money laundering in Islam is based...

... of Shari'ah. Design/methodology/approach The approach is to interpret and analogise the injunctions in the primary sources of Shari'ah, namely the Qur'an and Sunnah. Findings In Islam, money laundering can be classified as a criminal offence of ta'zir, corporations...

...Sherin Galal Abdullah Mouawad Purpose The purpose of this paper is to analyze the political and economic dilemma that Islamic finance (IF) poses on some Muslim Governments of either encouraging or restraining this global phenomenon; in spite of their awareness of the developmental role...

...Mahmood Mohamed Sanusi Purpose The purpose of this paper is to explain the theoretical framework of money laundering and expanded to study it from the Islamic perspective. As money laundering sustain truly “global issues” and thus should be treated as such. The purpose is to examine the conception...

...Samah Al Agha Purpose The focal point of this paper is money laundering from the Islamic perspective. As money laundering has become a world‐wide phenomenon, studying it from an Islamic viewpoint is of significance. The purpose of this paper is to examine: the conception of money laundering...

...Fath El Rahman; Abdalla El Sheikh Notes that Islamic banking is gaining momentum, with over 200 Islamic financial institutions; money laundering is one of many threats to it. Indicates the principle in Islam of bank secrecy and confidentiality, listing the exceptions to this principle: the public...