Islamic Finance and Banking Studies

Islamic finance and banking operates under principles derived from Shariah law, prohibiting interest (riba) and requiring that financial transactions be tied to real economic activity, profit-sharing, or asset ownership rather than debt-based returns. Researchers examine how these constraints shape everything from bank stability and risk management to corporate governance structures and the role of Shariah supervisory boards in ensuring compliance. The 2008 global financial crisis renewed interest in whether Islamic banks' business models offer greater resilience than their conventional counterparts, though evidence remains mixed and context-dependent. Active questions include how Islamic banks can scale while preserving their ethical identity, how customer trust is built and measured across different regulatory environments, and whether Shariah-compliant instruments can be standardized enough to support broader economic integration.

Works

204,306

Total citations

745,646

Keywords

Islamic BankingFinanceEthical IdentityCorporate GovernanceRisk ManagementShariah Supervision