Islamic Finance and Banking Studies

Islamic banking and finance operates under principles derived from Shariah law, most notably the prohibition of interest (*riba*) and the requirement that financial transactions be tied to real economic activity, which produces a structurally distinct banking model from its conventional counterpart. Researchers study how these institutions manage risk, govern themselves, maintain financial stability, and satisfy customers who weigh religious values alongside ordinary financial concerns. A persistent set of open questions centers on whether Islamic banks genuinely differ from conventional banks in resilience and ethical conduct, or whether operational pressures push them toward convergence over time. Scholars are also actively examining how Shariah supervisory boards function in practice, and what role Islamic banking plays in broadening financial access and supporting economic growth across Muslim-majority and mixed economies.

Works

208,216

Total citations

751,969

Keywords

Islamic BankingFinanceEthical IdentityCorporate GovernanceRisk ManagementShariah Supervision