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Articles 1 - 30 of 48
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Profit Distribution Mechanisms For Investment Accounts In Malaysian Islamic Banks: An Analytical Study In Light Of Shariah And Accounting Standards, Fares Djafri, Ashraf Md Hashim, Zeynelabidin Hayat
Profit Distribution Mechanisms For Investment Accounts In Malaysian Islamic Banks: An Analytical Study In Light Of Shariah And Accounting Standards, Fares Djafri, Ashraf Md Hashim, Zeynelabidin Hayat
Journal of King Abdulaziz University: Islamic Economics
This study examines the profit distribution mechanisms for investment accounts in Malaysian Islamic banks. It analyzes the Shariah and accounting foundations that govern the relationship between the bank and investment account holders. The study identifies a set of fairness parameters rooted in Islamic legal principles and Islamic accounting standards, most notably: the requirement to predefine profit-sharing ratios, adherence to the Shariah rules of loss-bearing in mudarabah, full transparency and disclosure, proportional profit allocation based on investment amount and duration, and the governance rules relating to the use of the Profit Equalization Reserve (PER) and Investment Risk Reserve (IRR) to ensure …
Diversifying The Investment Assets Of Waqf Institutions, Sakhr Abdullah Alasmari
Diversifying The Investment Assets Of Waqf Institutions, Sakhr Abdullah Alasmari
Journal of King Abdulaziz University: Islamic Economics
The study aimed at researching the technical and economic factors that contribute to the formation of a good diversification of investments of waqf institutions, and finding a unified model for specific ratios for the distribution of waqf investment asset classes, or identifying factors that prevent this. The descriptive approach and the comparative analytical approach have been used to track and analyze the main concepts of the study topic and show the relationship between them, with the inclusion of a comparison of waqf investment funds in the kingdom of Saudi Arabia, based on annual reports published in the Saudi Capital Market …
The Impact Of Digital Transformation On The Performance Of Islamic Banks In The Gulf Cooperation Council Countries, Roukia Bouhider, Assma Guerfi
The Impact Of Digital Transformation On The Performance Of Islamic Banks In The Gulf Cooperation Council Countries, Roukia Bouhider, Assma Guerfi
Journal of King Abdulaziz University: Islamic Economics
This research aims to examine the relationship between digital transformation and the performance of 25 Islamic banks in the Gulf Cooperation Council countries over the 2015-2023 period using the Panel-ARDL model and relying on the descriptive approach. The main independent variable is the Digital Transformation Index, in addition to the cost-toincome ratio, the total asset, the deposit-to-asset ratio, the real GDP, and the inflation rate. Return on equity (ROE) is the main performance measure. The study concludes that digital transformation in Islamic banks in the GCC countries is in its early stages, but it is increasing following the Corona pandemic …
Financing Under The Income Share Agreement (Isa) Model: Towards A Shariah-Compliant Formula For Financing University Education, Asma Bint Mohammed Al-Amari
Financing Under The Income Share Agreement (Isa) Model: Towards A Shariah-Compliant Formula For Financing University Education, Asma Bint Mohammed Al-Amari
Journal of King Abdulaziz University: Islamic Economics
This study examines financing under the Income Share Agreement (ISA) model as a contemporary financing instrument and seeks to introduce it as a new model at the local level. It aims to enable beneficiaries to access education in return for consideration linked to their future income. The study seeks to develop a Shariah-compliant structure by identifying its jurisprudential characterization and Shariah parameters and analyzing its contractual elements. The study concludes that the subject matter of the contract is the educational benefit rather than the transfer of ownership of money, which distinguishes it from a loan and other forms of financing …
Enabling Smart Waqf Investment Sukuk Through Blockchain Technology For Resource Sustainability And Return Development, Siham Rahmani, Mohamed Djafar Henni
Enabling Smart Waqf Investment Sukuk Through Blockchain Technology For Resource Sustainability And Return Development, Siham Rahmani, Mohamed Djafar Henni
Journal of King Abdulaziz University: Islamic Economics
This study aims to examine smart waqf investment sukuk as one of the contemporary applications of Islamic financial engineering, based on the integration of waqf objectives, Sharia-compliant investment structures, and modern digital technologies. It seeks to highlight the potential of employing blockchain technology in developing their institutional and operational digital infrastructure. The study also aims to propose a smart waqf investment sukuk model based on the Murabaha to the Purchase orderer structure, identifying its components, the roles of its stakeholders, and the mechanisms for managing the rights and operations associated with it. The study adopts a descriptive-analytical approach to establish …
Islamic Finance And Money Creation: SharīʿAh Issues And A Reform Proposal, Abdullah Al-Sulami, Ayman Saleh
Islamic Finance And Money Creation: SharīʿAh Issues And A Reform Proposal, Abdullah Al-Sulami, Ayman Saleh
Journal of King Abdulaziz University: Islamic Economics
This study highlights a fundamental problem confronting Islamic banking, namely the dominance of debt-based contracts, such as Murābaḥah and Tawarruq, at the expense of genuine partnership-based contracts, particularly Mushārakah and Muḍārabah. This dominance has, in turn, given rise to persistent criticism concerning the Shariah legitimacy of Islamic banking products. The study proceeds from the premise that this departure from the objectives (maqāṣid) of Islamic economics is not merely a technical or managerial choice, but rather an inevitable consequence of Islamic banks operating within a fractional reserve banking system and their inherent involvement in the mechanism of …
Institutionalized Collective ZakāH System In India And Technological Integration: A Qualitative Descriptive Analysis Of ZakāH Payers' Perception, Syed Imtiyaz Hassan
Institutionalized Collective ZakāH System In India And Technological Integration: A Qualitative Descriptive Analysis Of ZakāH Payers' Perception, Syed Imtiyaz Hassan
Journal of King Abdulaziz University: Islamic Economics
This qualitative descriptive study based on naturalistic inquiry was conducted to investigate awareness, present habits, experiences, opinion about establishing institutionalized collective Zakāh system, and degree of acceptance of technology among Zakāh payers in India. The study found that approximately 60% of Zakāh payers of India are having just basic information. The other notable outcome worth mention is the trust issue. Less than 50% of Zakāh payers are able to trust and have full confidence that their Zakāh is utilized properly. This study also collected the data related to perception of Zakāh payers about the …
Productive Zakāh, Service Quality, And The Welfare Of Zakāh Beneficiary Via Economic Empowerment In Indonesia, Hariya Toni, Muhammad Hisyam Syafii
Productive Zakāh, Service Quality, And The Welfare Of Zakāh Beneficiary Via Economic Empowerment In Indonesia, Hariya Toni, Muhammad Hisyam Syafii
Journal of King Abdulaziz University: Islamic Economics
This study investigates how productive zakāh management and service quality influence the welfare of zakāh beneficiary (mustahik), with economic empowerment positioned as a mediating construct within the zakāh ecosystem of Sungai Penuh City. Using a quantitative explanatory design and SEM‑PLS analysis, the research surveyed mustahik who received productive zakāh through a structured sampling procedure. The findings demonstrate that both effective management of productive zakāh and high‑quality institutional services significantly enhance mustahik’s welfare. Among the examined variables, economic empowerment emerges as the most influential factor, acting as a partial mediator that strengthens the relationship between institutional practices and …
Entrepreneurship From An Islamic Perspective, Abdelkader Chachi, Kemal Hattab
Entrepreneurship From An Islamic Perspective, Abdelkader Chachi, Kemal Hattab
Journal of King Abdulaziz University: Islamic Economics
The aim of this research paper is to investigate the concept of entrepreneurship from different angles, with a special focus on the Islamic perspective, aiming at uncovering its original meaning, elucidating its related Islamic foundational principles, discussing its impacts and socio-economic relevance and proposing a new Islamic model of entrepreneurship that establishes fairness and justice, alleviates poverty, supports innovations, integrates Islamic Social Finance (ISF) with Islamic Business Finance (IBF), among other objectives. This is a conceptual and a theoretical study, that follows an inductive-deductive methodological approach. It synthesizes definitions and frameworks from classical and contemporary literature, integrates some guidance from …
Islamic Banking And Financial Inclusion In Ghana: Evidence From A Demand-Side Perception Study, Saad Abubakari Mohammed
Islamic Banking And Financial Inclusion In Ghana: Evidence From A Demand-Side Perception Study, Saad Abubakari Mohammed
Journal of King Abdulaziz University: Islamic Economics
Financial exclusion remains a persistent challenge in many developing economies, including Ghana, where substantial segments of the population still lack access to formal financial services. This study examines the potential role of Islamic banking in enhancing financial inclusion in Ghana. It is motivated by the premise that Islamic finance, grounded in principles of equity, transparency, and risk sharing, can provide an ethical, interest-free alternative for individuals currently excluded from conventional banking. Using a descriptive survey of 200 respondents drawn from key Muslim communities, the study assesses public awareness and perceptions of Islamic banking, explores how its underlying principles may align …
Measuring Inflation And Exchange Rate Misalignment In Algeria Using Gold-Based Nisab Calibration (2010–2024), Fatih Chellai
Measuring Inflation And Exchange Rate Misalignment In Algeria Using Gold-Based Nisab Calibration (2010–2024), Fatih Chellai
Journal of King Abdulaziz University: Islamic Economics
This study proposes a gold-based calibration framework to measure real inflation and exchange rate misalignment in Algeria over the period 2010–2024, addressing the limitations of conventional monetary indicators in a resource-dependent economy characterized by structural distortions and a dual exchange rate system. Anchored in the Islamic Nisab threshold (85 grams of gold), the analysis constructs gold-based inflation indices and Gold-Parity Exchange Rates, which are systematically compared with official Consumer Price Index (CPI) data and nominal exchange rates published by the Bank of Algeria in order to assess the extent of dinar misalignment against the US dollar and the euro. The …
The Consistency Of Standard Murabaha Contracts Issued By Islamic Banks In Palestine With Islamic Banking Standards, Mahmoud Fayyad, Ibrahim Khaled Yahya, Abdel Raouf Al-Sinnawi, Ahmed Al-Hiari
The Consistency Of Standard Murabaha Contracts Issued By Islamic Banks In Palestine With Islamic Banking Standards, Mahmoud Fayyad, Ibrahim Khaled Yahya, Abdel Raouf Al-Sinnawi, Ahmed Al-Hiari
Journal of King Abdulaziz University: Islamic Economics
This study examines whether Murabaha contracts used by Islamic banks in Palestine comply with AAOIFI standards and mandatory national regulatory requirements, in light of the 2019 Palestinian Monetary Authority directive and the continuing issue of incomplete alignment. Despite this directive, a comprehensive review of these contracts remains lacking. This research identifies inconsistencies and proposes amendments to enhance Sharīʿah compliance. The study analyzed standard Murabaha contracts issued by Islamic banks in Palestine to assess their conformity with Islamic banking standards and national law. A brainstorming session with 16 experts was held using the Delphi methodology to discuss the findings, collect feedback, …
Aṣ-Ṣadaqah Al-MunaẓẒAmah (Institutionalised Ṣadaqah) And Social Welfare Programmes In Al-Hayat Relief Foundation, Nigeria, Oyekolade Sodiq Oyesanya, Asif Olatubosun Azeez
Aṣ-Ṣadaqah Al-MunaẓẒAmah (Institutionalised Ṣadaqah) And Social Welfare Programmes In Al-Hayat Relief Foundation, Nigeria, Oyekolade Sodiq Oyesanya, Asif Olatubosun Azeez
Journal of King Abdulaziz University: Islamic Economics
Conventional fiscal mechanisms in Nigeria have struggled to address persistent multidimensional poverty and financial exclusion, necessitating the development of alternative institutional models. Aṣ-Ṣadaqah al-Munaẓẓamah (institutionalised Ṣadaqah) presents a promising model for resource mobilisation and sustainable community support, yet empirical assessments of its effectiveness remain limited. This study assessed the capacity of aṣ-Ṣadaqah al-Munaẓẓamah to promote socio-economic development, using Al-Hayat Relief Foundation as a case study. A convergent parallel mixed-methods design was adopted, comprising 664 valid quantitative responses using a census-based sampling and 10 purposively selected staff interviews. Data were gathered through a validated questionnaire, which demonstrated high internal consistency …
The Moderating Effects Of Adc On Quality Service: Analysis Of The Performance Of Islamic And Conventional Banks In Tanzania, Mustafa Omar Mohammed, Mohamed Cherif El Amri, Yussuf Charles Yussuf
The Moderating Effects Of Adc On Quality Service: Analysis Of The Performance Of Islamic And Conventional Banks In Tanzania, Mustafa Omar Mohammed, Mohamed Cherif El Amri, Yussuf Charles Yussuf
Journal of King Abdulaziz University: Islamic Economics
The study has examined how alternative delivery channels (ADCs) moderate service quality and increase customer satisfaction with the services of Islamic banks in comparison to conventional banks in Tanzania. It has adopted a quantitative survey method using a five-point Likert question to collect data from 680 customers of Islamic and conventional banks. The data were analysed using the Structural Equation Modeling (SEM) supported by the Amos software package for data analysis. The main findings reveal that nearly all the six service quality dimensions selected for the study have positive statistical significance on the relationships between customer satistaction and the services …
An Empirical Analysis Of Cooperation Among Muslim Countries: The Case Of Indonesia-Pakistan Preferential Trade Agreement, M Jaenudin, Emil Haraki, Aam Slamet Rusydiana
An Empirical Analysis Of Cooperation Among Muslim Countries: The Case Of Indonesia-Pakistan Preferential Trade Agreement, M Jaenudin, Emil Haraki, Aam Slamet Rusydiana
Journal of King Abdulaziz University: Islamic Economics
This study evaluates the impact of the Indonesia–Pakistan Preferential Trade Agreement (IPPTA) on bilateral trade using the gravity model of international trade. Annual time series data from 1990 to 2023 are analysed through unit root testing, bounds testing, and Autoregressive Distributed Lag (ARDL) estimation to examine both short- and long-run effects. The model includes four variables: bilateral trade, GDP of Indonesia and Pakistan, geographical distance, and a dummy variable for IPPTA to compare trade performance before and after the agreement’s implementation. The results indicate that Indonesia’s GDP has a positive and statistically significant impact on bilateral trade in both the …
Conundrums In The Realization Of Healthcare And Education Through Waqf In Nigeria, Isa Olawale Solahudeen
Conundrums In The Realization Of Healthcare And Education Through Waqf In Nigeria, Isa Olawale Solahudeen
Journal of King Abdulaziz University: Islamic Economics
The Sustainable Development Goals (SDGs) 3 and 4 emphasize the importance of good health and quality education, respectively. However, based on available progress report released by Nigerian government, implementations of SDGs 3 (Good Health) and 4 (Quality Education) in the country were not promising. The unpleasant situation requires collaborative efforts of private sector. Meanwhile, waqf, an Islamic philanthropic instrument, has the potential to contribute significantly to the realization of these goals in Nigeria. Several conundrums hinder the effective utilization of waqf for healthcare and education. This paper identifies and examines some challenges ranging from lack of awareness, parochialism, religious …
Investigating Factors Influencing Customer Satisfaction To Boost Islamic Mobile Banking Adoption In Indonesia, Abdurrahman Abdurrahman, Mohamad Anton Athaillah, Yadi Janwari, Asti Meiza
Investigating Factors Influencing Customer Satisfaction To Boost Islamic Mobile Banking Adoption In Indonesia, Abdurrahman Abdurrahman, Mohamad Anton Athaillah, Yadi Janwari, Asti Meiza
Journal of King Abdulaziz University: Islamic Economics
This study examines the factors influencing the adoption of Islamic Mobile Banking (IMB) in Indonesia, focusing on technological, innovative, reputational, and Sharīʿah compliance dimensions. Using a quantitative approach with Partial Least Squares Structural Equation Modelling (PLS-SEM), data were collected from 312 IMB users to assess both direct and mediating relationships among the variables. The findings reveal that perceived usefulness, firm reputation, innovation, and Sharīʿah compliance significantly and positively influence customer satisfaction, with Sharīʿah compliance emerging as the most dominant factor. Conversely, ease of use, though positively associated, does not significantly affect satisfaction, suggesting that functionality, trust, and ethical conformity outweigh …
Assessing Universal Basic Income: An Islamic Historical And Maqāṣidī Perspective, Abdulazeem Abozaid, Saqib Hafiz Khateeb
Assessing Universal Basic Income: An Islamic Historical And Maqāṣidī Perspective, Abdulazeem Abozaid, Saqib Hafiz Khateeb
Journal of King Abdulaziz University: Islamic Economics
The constant concern for ensuring that the basic needs of every human are met has prompted various steps with an aim to promote equality. This concern has eventually led to an increasing demand to guarantee a reasonable standard of living. Some economists have recently revisited the concept of Universal Basic Income (UBI) that has caught the interest of some governments and policy makers. This paper investigates the concept of UBI from historical, legal (Islamic), and Maqāṣidī perspectives. It traces the conceptual origins of UBI back to the Islamic society since the early Islamic history. Adopting a conceptual–analytical methodology, the paper …
A Very Long-Term Analysis Of Cash Awqaf In Eastern Thrace: Capital, Socioeconomic Groups, And Temporal Shifts, 1544-1917, Bora Altay
Journal of King Abdulaziz University: Islamic Economics
This study examines the institutional and financial dynamics of cash Awqaf in the Eastern Thrace region of the Ottoman Empire, presenting a long-term quantitative analysis that extends beyond Istanbul. This analysis aims to clarify the evolution of capital levels, founders’ profiles, and the functions of cash Awqaf from the sixteenth to the early twentieth centuries. To address the paucity of regional data, a novel dataset encompassing cash Awqaf in Edirne, Kırklareli, and Tekirdağ from 1544–1917 was developed. The analysis integrates the longitudinal trends in waqf capital with the socioeconomic characteristics of the founders and the evolving allocation of waqf revenues. …
Bridging Governance Gaps In Islamic Banking: Palestine And Malaysia Compared, Murad Ayesh Ali Obaid, Abdulmajid Obaid Hasan Saleh, Fahd Mohammed Obad Al-Shaghdari
Bridging Governance Gaps In Islamic Banking: Palestine And Malaysia Compared, Murad Ayesh Ali Obaid, Abdulmajid Obaid Hasan Saleh, Fahd Mohammed Obad Al-Shaghdari
Journal of King Abdulaziz University: Islamic Economics
This study focuses on the most important governance issues that Islamic banking institutions in Palestine are experiencing and discusses what can be learnt from the Malaysian experience in helping to better govern Islamic banking institutions to improve governance efficiency, adherence to SharīÊ¿ah and regulatory oversight. Using a qualitative approach, research is based on the data collected from interviews with experts, document analysis and comparative case studies of both jurisdictions. The results indicate that lack of a centralised authority to monitor them, lack of professional expertise and the inadequate specified internal frameworks greatly constrain the effectiveness of governance in Palestinian Islamic …
Foreign Bank Competition And Financial Stability In Dual Banking Systems: Evidence From Islamic And Conventional Banks In Indonesia, Alwahidin La Pade, Alija Avdukic, Husain Insawan, Novita Kusuma Maharani
Foreign Bank Competition And Financial Stability In Dual Banking Systems: Evidence From Islamic And Conventional Banks In Indonesia, Alwahidin La Pade, Alija Avdukic, Husain Insawan, Novita Kusuma Maharani
Journal of King Abdulaziz University: Islamic Economics
This study investigates how foreign bank presence affects financial stability, focusing on the differences between Islamic and conventional banks operating in Indonesia. Using a fixed-effects regression model of panel data of 108 banks over ten years (18 Islamic banks and 90 conventional banks), the Z-score is the dependent variable of stability, and foreign presence is assessed through foreign bank assets (FBA) and foreign bank number (FBN). This research finds that growing foreign bank number (FBN) positively affects stability, while growing foreign bank assets (FBA) negatively affects stability in the short run. In addition, Islamic banks are more stable than conventional …
Environmental Sustainability In The Prophetic Sunnah: A Foresight Perspective, Usama Abdul Majid Alani
Environmental Sustainability In The Prophetic Sunnah: A Foresight Perspective, Usama Abdul Majid Alani
Journal of King Abdulaziz University: Islamic Economics
This research investigates the role of the Prophetic Sunnah in advancing environmental sustainability by analyzing the teachings and practices of the Prophet Muhammad that advocate for the conservation of natural resources and the protection of the rights of future generations. The study focuses on three key dimensions: the conceptual foundations of sustainability within the Sunnah, practical Prophetic directives such as tree planting and water management, and the potential of these teachings to inform contemporary environmental policies. The findings indicate that the Sunnah presented a forward-thinking model of sustainability, emphasizing resource preservation and responsible consumption. This is evidenced by concrete measures, …
Decision Under Risk And Uncertainty In Fiqh And Economics, Muhammad Anas Bin Mustafa Al- Zarqa, Mohammed Bin Ibrahim Al-Suhaibani
Decision Under Risk And Uncertainty In Fiqh And Economics, Muhammad Anas Bin Mustafa Al- Zarqa, Mohammed Bin Ibrahim Al-Suhaibani
Journal of King Abdulaziz University: Islamic Economics
This paper examines the concept of acting upon conjecture (ẓann) through an interdisciplinary lens, integrating Islamic jurisprudence and modern economic theory. It focuses on decision-making under conditions of risk and uncertainty, distinguishing between risk—which is quantifiable—and uncertainty, which relies on subjective judgment. The study explores behavioral attitudes toward risk (aversion, neutrality, and preference) and their implications for strategic decision-making. From a jurisprudential standpoint, the paper highlights the epistemic limitations of human knowledge, particularly regarding the unseen (ghayb), and the consequent reliance on probabilistic reasoning in Islamic legal thought. It compares classical epistemic categories (yaqīn, ẓann, shakk, wahm, and muḥāl) with …
Takaful Insurance In The Palestinian Territories: Reality And Development Mechanisms, Ismaeil Mohammad Shindi Amayreh, Kifah Abdul Qader Al Ssuwari
Takaful Insurance In The Palestinian Territories: Reality And Development Mechanisms, Ismaeil Mohammad Shindi Amayreh, Kifah Abdul Qader Al Ssuwari
Journal of King Abdulaziz University: Islamic Economics
This study aims to investigate Takaful insurance in the Palestinian territories, as one of the most important financial cases that has gained prominence on the Palestinian economic landscape following the establishment of Islamic banking. This study provides a comprehensive analysis of the current state of Takaful insurance, identifying obstacles and challenges that hinder its growth in Palestine. Given the distinct socio-economic and political circumstances in Palestine, and in an attempt to create practical mechanisms for the development of Takaful insurance in this region, the study aims to promote the role of Takaful insurance in fostering public confidence. Takaful offers insurance …
Observance Of Economic Values In Andalusian Nawazil Heritage And Its Impact On Rationalizing Commercial Conduct: Deriving General Foundations And Their Applications In Branches And Specific Cases, Ahmed El Kadaoui
Journal of King Abdulaziz University: Islamic Economics
This research falls within the context of establishing a value system that governs and directs commercial behavior in an era where economic actions are driven by the hegemony of profit and wealth, and are detached from ethical oversight, leading to the spread of negative values in the markets that were previously uncommon to the public. The research aims to shed light on economic values from an Islamic perspective and their ability to guide commercial behavior. The research also seeks to bridge the gap between the operational environment of commercial behavior and the theoretical framework of these values from the perspective …
Drop Shipping From The Perspective Of Financial Transactions: A Fiqh Study On Its Concept And Characterization, Sara Ali Ahmad Al-Hiary
Drop Shipping From The Perspective Of Financial Transactions: A Fiqh Study On Its Concept And Characterization, Sara Ali Ahmad Al-Hiary
Journal of King Abdulaziz University: Islamic Economics
Electronic selling has become a fundamental aspect of contemporary life. The flexibility of Islam accommodates this practice as long as it serves the interests of the people, facilitates their lives, and does not involve anything forbidden by a definitive text or general rule. This research aims to shed light on drop shipping sales, a new type of sale that is similar to Murabaha sale which Islamic jurists have deemed lawful as they fall under the general permissibility of selling and trading to fulfill people’s needs, provided that there is no gharar, darar, or Riba involved and that regulations and laws …
Potential Of Institutional Zakāh Management In Socio-Economic Development Of Bangladesh, Md. Muhibur Rahman
Potential Of Institutional Zakāh Management In Socio-Economic Development Of Bangladesh, Md. Muhibur Rahman
Journal of King Abdulaziz University: Islamic Economics
This article presents a comprehensive analysis of the potential of Bangladesh's institutionalized Zakāh system in driving socio-economic advancement. The research meticulously evaluates the impact of the Zakāh fund, managed by both institutional and non-institutional entities, in providing substantial financial capital and income-generating assets. It aims to draw a clear comparison between the two systems, highlighting the institutional model's ability to ensure long-term self-sufficiency, income generation, employment opportunities, and support for training and scholarships. This study employs a descriptive-analytical strategy to facilitate these comparisons. The data for the current study were obtained through comprehensive field research. A total of 385 individuals …
Social Reporting By Saudi Islamic Banks: A Longitudinal Approach, Faisal A. Otaibi
Social Reporting By Saudi Islamic Banks: A Longitudinal Approach, Faisal A. Otaibi
Journal of King Abdulaziz University: Islamic Economics
This study aims to assess the social reporting practices of Saudi Islamic Banks (IBs) over a 15-year period. It seeks to evaluate the effectiveness with which Saudi IBs meet their social reporting expectations, including Sharīʿah disclosure requirements. A longitudinal content analysis method was utilized, underpinned by a specifically developed research instrument that is culturally relevant and reflects the unique characteristics of Islamic banking. This approach allows tracking of changes over an extended period and captures the dynamic nature of disclosure practices influenced by both internal ethical mandates and external regulatory pressures. The findings reveal a moderate disclosure rate of 51.11% …
Conceptualizing The Limits Of The Use Of Generative Ai In Economic Analysis Via A Deep Meaning Of Habs, Abderrazak Said Belabes
Conceptualizing The Limits Of The Use Of Generative Ai In Economic Analysis Via A Deep Meaning Of Habs, Abderrazak Said Belabes
Journal of King Abdulaziz University: Islamic Economics
Generative AI is increasingly integrated into economic analysis by researchers, economic institutions, and companies specializing in real-time forecasting through macroeconomic intelligence. This development poses a challenge to specialists in the analysis of economic life in Muslim societies. In this research, I ask the following question to ChatGPT: What is the relationship between the Zamzam well and the Kaʿaba as ḥabs, and what are your sources? After showing the limits of the AI chatbot's response, both in terms of the answer to the question and in terms of the sources on which it claims to rely, the research explains why …
Evaluation Of Sustainability Reporting In Islamic Banks: The Case Of Albaraka Türk Participation Bank, Arzu Meriç
Evaluation Of Sustainability Reporting In Islamic Banks: The Case Of Albaraka Türk Participation Bank, Arzu Meriç
Journal of King Abdulaziz University: Islamic Economics
Sustainability refers to the capacity to meet the needs of both present and future generations. Given the serious dimensions of environmental destruction, sustainability is primarily associated with environmental concerns. Organizations that pursue sustainability goals usually disclose these goals to the public via sustainability reports. The objective of this study is to assess the compliance of sustainability reports published by Islamic banks in Türkiye within the framework outlined by the Capital Markets Board. The sample for this study consists of several sustainability reports published by Albaraka Türk Participation Bank in 2019, 2020, and 2021. These reports have been selected based on …