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We have tried, through this research paper, to define the theoretical definition of Islamic banking, its products and conditions for its practice. After familiarizing with the theoretical aspect of it, we tried to give a picture of the reality of the adoption of Islamic banking in Algeria, which is governed by the bank of Algeria regulation No. 02-2020.The study concluded that the inclusion of Islamic banking in the legislative framework of the delay in its issuance. However, he encouraged the generalization of the adoption of Islamic banking within banks, by allowing traditional banks to open windows Islamic. [ABSTRACT FROM AUTHOR]

This study aims to shed light on the issue of liquidity in Islamic banks in Algeria, by examining the possibility of adopting the sukuk (Islamic bonds) mechanism as a tool that contributes to liquidity management at the level of the Islamic banks. We study the case of AlSalam Bank-Algeria, which is considered as a successful Islamic bank in providing Islamic financial services. A set of results has been reached, the most important of which is that the adoption of the Islamic sukuk mechanism in Al Salam Bank - Algeria has been met with a number of obstacles that prevented the application of this mechanism. [ABSTRACT FROM AUTHOR]

This paper evaluates the stock performance of Islamic banks relative to their conventional counterparts during the initial phase of the COVID-19 crisis (from December 31, 2019, to March 31, 2020). Using 426 banks from 48 countries, we find that stock returns of Islamic banks were about 10–13% higher than those of conventional banks after controlling for a host of the bank- and country-level variables. This study explains the Islamic banks' superior crisis stock performance by exploring the potential role of pre-crisis bank efficiency. In a univariate analysis, we document higher non-parametric Data Envelopment Analysis (DEA) efficiency levels for Islamic banks than conventional banks in the year preceding the COVID-19 crisis. Our multivariate regressions show that the risk-adjusted DEA efficiency scores can explain crisis stock returns for Islamic banks but not conventional banks. The evidence is robust to alternative measures of stock returns, efficiency models, and other empirical strategies. Finally, we present insight on the importance of key bank characteristics in determining the stock returns of conventional banks during the crisis period. [ABSTRACT FROM AUTHOR]

This study explores the intellectual capital (IC) performance of Islamic banks (IBs) and examines the impact of intellectual capital on financial performance in terms of profitability and productivity in IBs. The IC features are also examined individually to identify the primary driver of IC performance and their individual impact on the IBs' financial performance. A quantitative method using multi regression analysis is utilised to examine the nexus between IC and the IBs' financial performance indicators. The measurement of IC uses Modified Value-Added Intellectual Coefficient (MVAIC™) which is an extended model of VAIC™. The data were drawn from 49 IBs from 2014 to 2018. The empirical findings indicate that IC is positively significant in impacting IBs' financial performance measures, especially profitability, but inconclusively related to productivity. Furthermore, when the components were analysed separately, the nexus between these components and IBs' financial performance indicators show lesser uniform results. Capital employed efficiency and human capital efficiency are found to be the most influential features of IC in this study, while structural capital efficiency does not show an impact on financial performance. Evidence also demonstrates that all IC components are not significantly related to IBs' productivity indicator. The study offers an extended understanding of IC and its role in IBs and may provide guidance to different stakeholders including regulators and management of IBs to formulate and structure relevant strategies to create, utilize, and maintain IC for the more resilient banking sector, as extensive practical implications are provided for this purpose. [ABSTRACT FROM AUTHOR]

This study utilizes the random forest technique to investigate risk management practices and concerns in Islamic banks using survey data from 2016 to 2021. Findings reveal that larger banks provide more consistent survey responses, driven by their confidence and larger survey budgets. Moreover, a positive link is established between a country's development, characterized by high GDPs and low inflation and interest rates, and the precision of Islamic banks' survey responses. Analyzing risk-related concerns, the study notes a significant reduction in credit portfolio risk attributed to improved risk management practices, global economic growth, stricter regulations, and diversified asset portfolios. Concerns related to terrorism financing and cybersecurity risks have also decreased due to the better enforcement of anti-money laundering regulations and investments in cybersecurity infrastructure and education. This research enhances our understanding of risk management in Islamic banks, highlighting the impact of bank size and country development. Additionally, it emphasizes the need for ongoing analysis beyond 2021 to account for potential COVID-19 effects and evolving risk management and regulatory practices in Islamic banking. [ABSTRACT FROM AUTHOR]

The religious principles that characterize the Islamic bank have direct consequences on the models of Corporate Governance which, at the same time, must be in accordance with national and international regulations and best practices. The aim of this paper is to analyze the role of the participatory depositor in the Corporate Governance Models of the Islamic Bank, a special category of stakeholder that entrusts their savings to the Islamic Bank on the basis of the Profit and Loss Sharing principle. In the present study the models of Corporate Governance of the Islamic Bank, with regard to the protection of the interests of the participatory depositor, are analyzed through a comparative analysis of the regulations of the following Countries, Malaysia and Morocco. The objective is to highlight the strengths and weaknesses of the protection of the interests of affected stakeholders in order to verify the presence of a sustainable model of Corporate Governance, namely if the participatory depositor needs more guarantees than other categories of stakeholders. [ABSTRACT FROM AUTHOR]

This article delves into sustainable growth strategies for Islamic banks, focusing on expanding and developing Islamic branding. Overcoming challenges and outlining an essential strategy, the research, conducted using the PRISMA model, reviews articles from various academic databases. The findings emphasize Sharia compliance as a critical strategy for sustainable development, ensuring strict adherence to Islamic principles in all financial products and services. This approach builds trust within the Muslim community, distinguishing Islamic banks from conventional institutions and establishing a foundation rooted in commitment to Islamic values. The research underscores the ethical principles of Islamic banking, emphasizing risk-sharing and social justice, and highlights the significance of Islamic branding in reinforcing moral foundations and attracting ethically conscious customers. The study highlights how effective branding enhances trust, facilitating financial inclusion and social responsibility. It implies a need for regulatory frameworks supporting standardized Islamic branding, consumer education, and incentives for ethical practices, positioning Islamic banking as a valuable contributor to the financial landscape. [ABSTRACT FROM AUTHOR]

Copyright of Environmental & Social Management Journal / Revista de Gestão Social e Ambiental is the property of Environmental & Social Management Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Jurnal Ekonomi Syariah Teori dan Terapan is the property of Universitas Airlangga and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This study aimed to determine the factors affecting the capital structure of Islamic banks for a sample of the Middle East for the period 2011-2021. The study used a panel data method by pooling ordinary least squares, fixed effects, and random effects to determine the relationship between book leverage and internal variables such as profitability, size, non-debt tax shield, growth opportunity, tangibility, liquidity, and earnings volatility. The descriptive statistics indicate that Islamic banks are highly leveraged. The results of regression showed that the impact of profitability, size, and growth opportunity is positive on book leverage. In contrast, the results indicated a negative impact of non-debt tax shield and liquidity on book leverage. The results also showed no impact of tangibility and earnings volatility on book leverage. Based on the results, Islamic banks in the Middle East enjoy a special method of choosing capital structure depending on their competitive advantage derived from the concentration of a large proportion of Muslim people dealing with them. Nevertheless, the management of Islamic banks must take the mentioned variables into consideration. [ABSTRACT FROM AUTHOR]

The rising adoption of FinTech is changing the financial sector. However, the determinants of FinTech have not been examined thoroughly. The purpose of this paper is to examine whether corporate governance is related to FinTech products in the banking sector, given that governance may influence the quantity and quality of innovation. Specifically, we investigate the association between the size of the board of directors, the percentage of independent directors on the board and FinTech services. Furthermore, we show how the composition of the board can influence the association between FinTech services and a bank's performance. Using a sample of 12 Saudi banks for the period 2014–2019, we find that board size is significantly and negatively associated with a bank's FinTech score. We further show that independent members on the board contribute to performance by bringing more FinTech services (innovation development) to the banks. As the first study examining the determinants of FinTech in the Saudi banking sector, this paper may help regulators to better understand the drivers of FinTech and its quality in the banking sector. [ABSTRACT FROM AUTHOR]

This study was directed to determine the impact of financial indicators compiled in public reports on the long-term and short-term performance of Islamic banks in Indonesia. The scope of this study is between 2017 and 2021. This study uses the Vector Error Correction Model (VECM) method. The analytical steps used in VECM modeling are Granger causality, long-term and short-term VECM analysis, impulse response functions, and variance decomposition. Results of this study show that the independent variables subsisting of BOPO, CAR, FDR, MFP, NPF, and STM have long-term effects on ROA. However, CAR variables do not show significant impacts in the short term. The implications of this research are to back business efficiency in other banking services such as safe deposit boxes, hedging activities, and manufacturing sector financing based on more accountable and credible risk management. The freshness of this study is that it incorporates the results of Granger causality analysis, which reveals bidirectional relationships for each variable. In addition, Granger causality shows correlations, allowing study variables to be explored more deeply in further studies. [ABSTRACT FROM AUTHOR]

Risk management has emerged as a critical element across several economic sectors, with particular significance in the banking industry. The governing bodies of these industries encounter a multitude of threats stemming from the escalation of an unpredictable economic environment the intricacy of transactions and big data, and several other concealed factors. The primary aim of the present research is to investigate the impact of certain financial risks, including capital risk, liquidity risk, and operational risk, on the financial performance of both commercial and Islamic banks operating within the banking sector of the United Arab Emirates. The study will focus on the time frame spanning from 2015 to 2022. The data used in this study was sou reed from the annual reports of banks, which were acquired from the official websites of the Abu Dhabi Securities Exchange and the Dubai stock market. The most prevalent indicators used to assess a bank's financial performance are Return on Assets (ROA) and Return on Equity (ROE). In contrast the financial risk metrics included three distinct categories of risk: capital risk, liquidity risk, and operational risk. The findings indicate that there is a statistically significant positive relationship between capital risk and both return on assets (ROA) and return on equity (ROE). However, it was observed that neither liquidity risk nor operational risk had a statistically significant impact on either of the financial performance metrics. Moreover, the size of a bank has a notable and favorable impact on both return on assets (ROA) and return on equity (ROE). The ramifications of the study's conclusions have significant importance for regulators, bank management and investors. I Policymakers need to prioritize the enhancement of the regulatory framework pertaining to caboutements in order to the financial stability of banks. Bank managers should give priority to the management of capital risk and the size of the bank in order to their financial performance. In order to optimize profits, it is important for investors to carefully evaluate and take into account the many risk considerations associated with their investment selections. JEL: G20, G21 [ABSTRACT FROM AUTHOR]

This research is conducted to investigate the technical efficiency of Islamic banks in Bangladesh. The sample consists of 9 Islamic banks in Bangladesh during the period of 2011-2016. Data was collected from Orbis Bank Focus. This study employed the Data Envelopment Analysis (DEA) method to measure banks' efficiency with a specification of input and output variables. An overall view of the results indicates that 95.22% for technical efficiency, 90.25% for pure technical efficiency and 93.89% for scale efficiency. Majority of Islamic banks have been operating at the right scale of operations and keep increasing or decreasing that will indicates its efficiency of performance. [ABSTRACT FROM AUTHOR]

Copyright of Al Bashaer Economic Journal is the property of Al Bashaer Economic Journal and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Zarqa Journal for Research & Studies in Humanities is the property of Zarqa Journal for Research & Studies in Humanities and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The economic prosperity of any nation relies on its banking sector, which serves as the linchpin of the economy. This paper investigates key bank-specific factors influencing the stability of Islamic banks in Malaysia and Indonesia from 2012 to 2021. Using panel data analysis, the study identifies the fixed effect model as the optimal approach. The subsequent fixed effect regression analysis highlights the significance of the cost-to-income ratio in determining financial stability for both Malaysian and Indonesian Islamic banks. Notably the study reveals that the non-performing loan ratio is the primary stability indicator in Malaysia, while Indonesian counterparts prioritize maintaining a robust capital adequacy ratio. The study recommends vigilant regulatory oversight of capital adequacy and prudent expense management to safeguard banks against instability, fostering sustained financial health and success. [ABSTRACT FROM AUTHOR]

This paper explores the distinctive characteristics of liquidity risk faced by Islamic banks as well as the typical challenges and constraints faced by these institutions; it also examines the strategies employed by these institutions to effectively manage and mitigate such risks. The inclusion of a literature review of most cited articles on the subject provides a summary of key studies and research conducted in the field of liquidity risk management in Islamic banking. It aims to cover various aspects of liquidity risk management in Islamic banks, including risk identification, measurement, mitigation strategies, governance, interbank relationships regulatory considerations, and the role of Shariah compliance. It offers both researchers and practitioners seeking comprehensive knowledge on the subject an overview of the existing body of knowledge, enabling them to understand the current state of research and build upon existing insights. By offering a comprehensive coverage of current information and practical strategies available in the literature, this paper aims to add significant value to the understanding and implementation of liquidity risk management in Islamic banks. We mean for it to serve as a valuable resource for researchers, practitioners, regulators, and stakeholders involved in Islamic finance and risk management. By stressing the persistent need for effective liquidity risk strategies in the Islamic banking sector and offering insights into the application of liquidity risk management practices that align with Islamic finance principles, we attempt to address a gap in the existing literature that could constitute the basis for future research perspectives. [ABSTRACT FROM AUTHOR]

Copyright of Route Educational & Social Science Journal (Ress Journal) is the property of Ress Academy Publishing and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Scientific Development for Studies & Research (JSD) is the property of Journal of Scientific Development for Studies & Research (JSD) and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This research examines the challenges and opportunities of AI integration in Islamic banks through a case study of Bank Syariah Indonesia. A qualitative method was applied using an interview approach. Four experts from the IT division of Bank Syariah Indonesia were interviewed. The results suggest that AI applications offer potential benefits such as automation, improved decision-making and efficiency, customer recommendations, and enhanced customer experience. However, the challenges of AI integration include implementation costs, cyber security risks, Shariah compliance, and ethical issues. The research recommends that stakeholders in Islamic banks invest more in cybersecurity and educate their customers about the importance and usage of AI technology. Additionally, the research suggests that the government implements policies related to the ethical regulation of AI technology. Future research should provide comparative analysis and use a mixed-method approach to better understand the challenges and opportunities of AI integration in Islamic banks.

This study examines the burgeoning field of Islamic banking within the Kyrgyz Republic, where Islamic financial institutions have globally amassed assets exceeding $300 billion across 75 countries. Focusing on the theoretical and practical aspects of introducing and expanding Islamic banking in Kyrgyzstan, particularly through the case of Eco-Islamicbank OJSC, the research aims to provide a comprehensive analysis of the sector's current state, challenges, and future potential. Employing a variety of methodologies including system analysis and comparative methods, and drawing on the works of both international and local scholars in Islamic finance, the study outlines practical recommendations for the sector's development. The analysis reveals Eco-Islamicbank's relative stability as a positive indicator of the sector's viability. It underscores the National Bank of the Kyrgyz Republic's commitment to fostering Islamic banking as a means to diversify financial services and enhance sector competition. The research highlights the strategic importance of Islamic banking for the Kyrgyz Republic, suggesting its capacity to attract Islamic investments and recommending the expansion of international relations and partnerships with global Islamic financial entities. This contributes to the international scholarship on Islamic banking, illustrating its significance and potential impact on the Kyrgyz economy and beyond.

This study explores the pivotal role of financial technology (FinTech) in the performance of Islamic banks and financial institutions, considering both challenges and opportunities encountered during the pandemic-induced market disruptions. Amid lockdowns and economic uncertainties, the study delves into the strategies adopted by several countries, with a particular emphasis on Gulf Cooperation Council (GCC) countries, along with Jordan, Indonesia, Malaysia, and Pakistan, underscoring the importance of technological innovation in fostering a dynamic Islamic finance sector. Utilizing a data analysis approach, the study assesses the impact of heightened digitalization and the integration of FinTech on the resilience of the Islamic finance industry within an inherently volatile environment, marked by challenges during pre and post pandemics. The findings reveal that the adoption of FinTech fortifies the industry’s resilience and unveils novel growth prospects. However, the study also identifies potential avenues for expansion, particularly in Sukuk issuance, through the implementation of regulatory guidelines and faster adoption. The research underscores the transformative influence of financial technology reforms on the growth trajectory of Islamic banks. In light of the superior performance of Islamic banking in selected domains, this study advocates for a paradigm shift within the industry, encouraging the robust development of FinTech solutions to enhance its global market presence. AcknowledgmentThe authors would like to acknowledge that this research work was partially financed by Kingdom University, Bahrain from the research grant number: 2023 - 10 - 012.

In an era of growing pressures towards financial ethics, social responsibility and sustainable development, Islamic Financial Institutions (IFIs) have emerged as new actors on the global financial stage. With their unique characteristics, IFIs offer a different approach to finance. This study presents a comprehensive analysis of the international strategies adopted by Islamic Financial Institutions (IFIs) in their pursuit of global expansion. The current global financial landscape presents unique challenges and opportunities for IFIs in their cross-border operations. In this paper, the drivers, obstacles, and outcomes of IFIs' international strategies are evaluated. IFIs’ approaches to localization, standardization, partnerships, and technological innovations are examined. The article highlights how IFIs, guided by Sharia principles, navigate the complexities of global finance while remaining loyal to Islamic ethical practices. The significance of IFIs' international strategies in facilitating financial inclusion, stability and economic development particularly in Muslim emerging economies is also discussed. Subsequently, the factors that drive IFIs towards international expansion are explored. Increased demand for Sharia-compliant financial services, regulatory reforms, and the advantages of diversification in both product offerings and markets are among important motivators of international expansion for IFIs. How these drivers require IFIs to balance ethical considerations, regulatory compliance and financial performance is highlighted in detail. The challenges and obstacles faced by IFIs in their internationalization phase are analyzed in-depth. Cross-cultural differences, regulatory complexities and the need to achieve Sharia compliance across different contexts come to the fore as important challenges. The study is centered around the variety of international strategies IFIs implement to navigate the global markets. It explains local adaptation strategies that customize products and services to meet the unique preferences of diverse markets. The article also delves into standardization strategies that necessitate common operational principles to achieve economies of scale and ensure Sharia compliance. Furthermore, the article investigates how IFIs enlist technological innovations to improve customer experiences and establish a strong international presence. In this regard, digital platforms, AI-driven solutions and blockchain technology are main facilitators of IFIs in overcoming geographical barriers and providing user-friendly services. The role of strategic partnerships and alliances as a critical component of IFIs' international strategies is explored. Collaborations with local stakeholders enable expertise sharing, resource pooling and market penetration. The article concludes by discussing future trends and prospects for IFIs' international strategies. It pinpoints potential large-scale changes that will have a considerable impact on how IFIs engage in international expansion. The article emphasizes that, amidst all these turbulent conditions, a commitment to Islamic business ethics and social responsibility principles will continue to guide IFIs' strategic decisions as the most important anchors. In summary, this article offers a comprehensive examination of the international strategies pursued by Islamic financial institutions. By delving into the drivers, obstacles, and outcomes of IFIs' global expansion efforts, it provides valuable insights for practitioners, researchers, and policymakers. The article underscores how IFIs, driven by ethical considerations and guided by Sharia principles, can play a pivotal role in shaping the future of international finance while maintaining their commitment to social responsibility and financial inclusion.