This study sheds light on the way forward for the development and growth of the Islamic banking system. The study employs qualitative approach making use of the indepth field interview with regulator ... Read More

Microfinance is considered an effective tool in alleviating poverty all over the world. The objective of this paper is to develop a sustainable Islamic Microfinance model in the true spirit of Islam ... Read More

During the colonial period, the zakat system in both Uzbekistan and Malaysia experienced serious changes due to imperial powers’ intervention. The zakat system was an important source of economy for ... Read More

Islamic finance offers a viable and moral-ethical alternative when the world economy suffers from global financial crises due to high debt-gearing and excessive speculations leading to liquidations ... Read More

The last financial crisis (2007-2008) raises the question of how European stock shocks are distributed and transmitted from developed stock markets to Islamic stock markets. More precisely, the prob ... Read More


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