Understanding Islamic Finance

By M. Ayub. 2007

778 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/2265cc409376eeb4de2c76a065b6016dca7ee9bb

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1. Arman Mergaliyev
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Citations in the corpus

• Can Islamic banking ever become Islamic (2015, background): “…information could be one reason therefore why debt based Islamic products have come to dominate the Islamic bank assets, even though Islamic scholars consider Islamic joint ventures as the ideal religious and ethical alternative to debt based conventional financing (Usmani, 2002; Ayub, 2007).”
• Developments in Risk Management in Islamic Finance: A Review (2019, background): “The five most important pillars of Islamic banking (Ayub 2007; Khir et al. 2008) can be summarized as follows: i. Prohibition of Riba (interest): Under Shariah, Muslims are strictly prohibited from any involvement in Riba-based activities, whether in terms of paying interest or receiving it. ii.”
• Conventional and Islamic stock price performance: An empirical investigation (2014, background): “2 See Kuran (2004), Ayub (2007) and Visser (2009) for more details of Islamic finance characteristics, principles and rules.”
• Differences and Similarities in Islamic and Conventional Banking (2014, background): “Second principle of Islamic finance is avoidance of Gharar (uncertainty) in a business transaction (Ayub, 2007, page 57; Mansoori, 2007, page 179; Ghazi, 2010, page 237;).”
• Defining Islamic accounting: current issues, past roots (2009, background): “…to structure transactions that in traditional banking would involve some form of loan or interest-bearing instrument (El-Gamal, 2006;Ayub, 2007; Hassan & Lewis, 2007; Iqbal & Mirakhor, 2007).9 Gambling and Karim (1986) discussed the measurement principles underpinning zakah, which…”
• Conceptualising and Locating the Social Failure of Islamic Finance : Aspirations of Islamic Moral Economy vs the Realities of Islamic Finance (Frontier of Islamic Economics and Finance : New Challenges) (2012, unknown): “This Islamic value and norms based nature of IBF can be described as follows [Asutay 2007b, 2010b; Iqbal and Molyneux 2005; Ayub 2007]: (i) IBF is a tenant based fi nancing proposition, as fundamental tenants are derived from the ontological sources of Islam, which is articulated in the ‘absence of…”
• Financing through cash-waqf: a revitalization to finance different needs (2013, background): “Murabahah financing is one of the most popular financing modes in Islamic banks today (AAOIFI; Ayub, 2007) the same can be adopted while investing the cash waqf in the proposed CWFI.”
• Higher Ethical Objective (Maqasid al-Shari’ah) Augmented Framework for Islamic Banks: Assessing Ethical Performance and Exploring Its Determinants (2019, background): “…derive from riba (interest-based transactions), gharar (gambling), and speculative transactions, nor from the production of goods and services that violate Islamic norms (Ayub 2007) so that the interest of all the stakeholders should be positively considered by de-centring the hegemony of capital.”