This study examines the value analysis in Islamic and conventional banking services in Pakistan. Many scholars have focused on co-creation of values in services but mainly economic values not non-economic. As Islamic banking is based on Islamic principles that are more concerned with non-economic values (well-being, partnership, fairness, trust worthy, and justice) than economic values as money...

Islamic banking is one the most blossoming doctrine in economic system of the world. The Fast growing awareness about Islamic financial system has brought strong feeling to Muslims to confront the western interest-based economic cycle. The Islamic economic system is emerging as a reliable alternative to the interest based system. This study is proposed to ascertain the motivational factors enco...

After the 2007-2008 subprime financial crisis considering bankruptcy evaluation for the banking industry becomes vital. In line of that, this study aims to analyze the bankruptcy profile of foreign versus domestic Islamic banks operating in Malaysia. This study predicted 40% and 75% bankruptcy in the subjected samples of foreign and domestic Islamic banks of Malaysia respectively. However, the ...

Saudi Arabia (officially, Kingdom of Saudi Arabia) was established as a sovereign country in 1932, by its founder King Abdulaziz Al-Saud who led a successful campaign that lasted 30 years following the conquest of Riyadh (official capital) to unite large swathes of the Arabian Peninsula. With an area of 2,150,000 km, Saudi Arabia occupies 80% of historical Arabia and is the 13th largest country...

Islamic Banking is growing at a rapid speed and has showed unprecedented growth and expansion in last two decades in spite of mismatching of existing financial framework and business practices. By the end of 2008 volume of Islamic banking has reached to US $ 951 Billion with operation in more than 50 countries. Middle East is the centre of Islamic banking with contribution of approximately 80% ...

Purpose – This study attempts to examine the relationship between service quality perception and customers’ satisfaction in Malaysian Islamic banking using the SEM approach. Design/methodology/approach – This model starts with SERVQUAL measurement scales consisting of six dimensional structures: tangibles, reliability, responsiveness, assurance, and empathy, and plus the compliance dimensions t...

The scope, methodology and tools of Islamic bioethics as a self-standing discipline remain open to debate. Physicians, sociologists, Islamic law experts, historians, religious leaders as well as policy and health researchers have all entered the global discussion attempting to conceptualize Islamic bioethics. Arguably, the implications of Islamic bioethical discourse is most significant for hea...

The recent history of Islamic finance is riddled with a number of paradoxes. First, there is a great rift between the economics literature on Islamic finance, and the practical approaches taken by financial experts and practitioners in the area. Second, despite two or more decades of rhetoric regarding the development of uniform standards for Islamic finance, the market remains largely segmente...

The paper studies the Islamic viewpoint about the environment and presents the notion of environmental balance in an Islamic economy. It asserts that this balance can be maintained with the help of Islamic ethics and institutions. The paper demonstrates the positive role of the private sector in terms of environment-friendly behavior, fellow-feeling, and simple living of the people. Similarly, ...

1 Department of Physics, Takestan Branch, Islamic Azad University, Takestan, Iran 2 Department of Chemistry, Takestan Branch, Islamic Azad University, Takestan, Iran 3 Department of Chemistry, Science and Research Branch, Islamic Azad University, Mazandaran, Iran 4 Environment Department, Research Institute of Environmental Sciences, International Center for Science, High Technology & Environme...