Islamic Finance and Banking Studies

Islamic banking and finance operates under principles derived from Islamic law, most notably the prohibition of interest (*riba*) and the requirement that financial transactions be tied to real economic activity, which produces institutional structures meaningfully different from conventional banking. Researchers examine how these constraints shape everything from lending practices and risk-sharing arrangements to corporate governance and the role of Shariah supervisory boards in holding institutions accountable to ethical standards. A central question in current scholarship is whether Islamic banks are genuinely more stable and equitable than their conventional counterparts, or whether product innovation and regulatory arbitrage have narrowed that distinction in practice. Ongoing work also investigates what drives customer adoption, how Islamic banks performed relative to conventional ones during the 2008 global financial crisis, and what governance mechanisms best ensure that stated ethical commitments translate into measurable outcomes.

Works

202,697

Total citations

739,849

Keywords

Islamic BankingFinanceEthical IdentityCorporate GovernanceRisk ManagementShariah Supervision