Search result of 'Islamic Finance'


Profit-loss sharing principles

Amira Kaddour, Badri Narayanan Gopalakrishnan, Mohamed Bechir Belaid, Mohammad Nurunnabi

The profit-loss sharing principle (PLS) of Islamic finance has been highlighted as a possible global solution. The role of PLS is to maintain an acceptable risk level to be shared between the bank and its customers. Solidarity and complementarity


COVID-19 Pandemic and a resilient global islamic banking sector

Professor Mohammad Nurunnabi, Professor Mohammed Kabir Hassan, Dr. Rashedul Hasan, Dr. Saad A. Al-Mosa, Dr. Wafa Abdul Aziz Al-Nasrallah, Ms. Dana Akil Jensen

The COVID-19 pandemic has caused turbulence in the global economy. The pandemic has resulted in crude oil price volatility and affected the stability of the global financial system. The full extent of the impact of the pandemic in the global financia


Shari’ah Supervision: Current state and future prospects for islamic banks

Professor Mohammad Nurunnabi, Professor Mohammed Kabir Hassan, Dr. Rashedul Hasan, Dr. Saad A. Al-Mosa, Professor Saad Saleh Al Rwaita, Ms. Dana Akil Jensen

Islamic banks are founded on the Shari’ah principle and any deviation from such principles in practice might affect the validity of its existence in the Islamic financial system. However, the level of Shari’ah compliance among Islamic banks was explo