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Islamic Banking & Finance

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Adoption of AAOIFI Shari’a Standards: A case study of Pakistan

Introduction Shari’a principles form the basis of Islamic finance and strict adherence to these values is what sets Islamic finance apart from conventional finance. The...

Product Development in Indonesia

Introduction Product innovation within a Shari’a framework is important for Islamic banks to survive in the long run. The level of product innovation gauges the...

Dispute Resolution

The number of Shari’a-compliant products that are available has grown enormously over the past few years. Many Islamic finance transactions are governed by English...

Shari’a Requirements for Product Development

Introduction Islamic banking and financial products are developed by banking and finance product development teams, which necessarily means that the spirit of banking and finance...

Discovering the Roots of Conventional and Islamic Finance

Introduction Islamic finance has experienced remarkable growth in the last few decades and has been considered, especially after the global financial crisis, as a...

Islam, ethics & law

Introduction It is probably a reasonable statement to say that Islamic finance as currently practised is widely considered to be undertaken on an ‘ethical’...

Future of Islamic Finance as an Islamcompliant and not just a Shari’a- Compliant Phenomenon

This year’s theme of Developing a Distinct and Independent Value Proposition for Islamic Finance (DIVPIF) is GIFR’s boldest yet. Almost half a century since...

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