Open Access. Powered by Scholars. Published by Universities.®
Business Law, Public Responsibility, and Ethics Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Publication
Articles 1 - 3 of 3
Full-Text Articles in Business Law, Public Responsibility, and Ethics
Executive Compensation: The Role Of Shari’A Compliance, William Marty Martin, Karen Hunt Ahmed
Executive Compensation: The Role Of Shari’A Compliance, William Marty Martin, Karen Hunt Ahmed
Karen Hunt Ahmed
Abstract Purpose The purpose of this paper is to illuminate issues surrounding executive compensation as it relates to current understandings of Islamic business law. Methodology We review the emerging bodies of literature in the fields of executive compensation and opinions of stock options under Shari’a law. Findings It appears that the trend in offering employee stock options as part of a Shari’a compliant compensation package is acceptable in most cases, yet because of its close association with the more problematic idea of derivative transactions, the company must be vigilant in obtaining the approval from its Shari’a Standards Board before offering …
Executive Compensation: The Role Of Shari’A Compliance, William Marty Martin, Karen Hunt Ahmed
Executive Compensation: The Role Of Shari’A Compliance, William Marty Martin, Karen Hunt Ahmed
William Marty Martin
Abstract Purpose The purpose of this paper is to illuminate issues surrounding executive compensation as it relates to current understandings of Islamic business law. Methodology We review the emerging bodies of literature in the fields of executive compensation and opinions of stock options under Shari’a law. Findings It appears that the trend in offering employee stock options as part of a Shari’a compliant compensation package is acceptable in most cases, yet because of its close association with the more problematic idea of derivative transactions, the company must be vigilant in obtaining the approval from its Shari’a Standards Board before offering …
Finding A Jewel: Identity And Gendered Space In Islamic Finance, Karen Ahmed
Finding A Jewel: Identity And Gendered Space In Islamic Finance, Karen Ahmed
Karen Hunt Ahmed
In this article, I explore how globalization discourses practices work together to form the identities of female Islamic bankers working in the first stand-alone women’s Islamic bank in Dubai, United Arab Emirates. An Islamic bank interacts with the individual by providing a discursive and physical space in which the subject can shape and respond to her desire to identify and engage with the debates in the global Muslim community about morality, practice and the role of Islam in every day life. Global financial systems and local gender practices are embodied in these buildings in a kind of financial purdah: building …