Department of Community Medicine, International Islamic University, Malaysia. Department of Internal Medicine, International Islamic University, Malaysia. Institute of Education, International Islamic University, Malaysia. Hospital Tengku Ampuan Afzan, International Islamic University, Malaysia. Pharmaceutical Chemistry, International Islamic University, Malaysia. Department of Family Medicine,...

background: management is the most important factor in success and survival of organizations. managers thus have decisive vital role in development of any organization. the purpose of this research was to assess the opinions and perceptions of executives and academic experts about islamic management components. methods: this study used qualitative content analysis to evaluate 14 academics who h...

a r t i c l e i n f o The Dow Jones Islamic Market indices (DJIMI) are constructed by screening out stocks that are incompatible with Islam's prohibition of interest and certain lines of business. However, as a blunt instrument, the interest rate can affect discounted cash flows of any firm, even a firm with no financial leverage. This study reveals that the aggregate portfolio of Islamic stock...

This study incorporates Zakat into a simple macroeconomic model of an Islamic economy and analyzes the role of Zakat in the national income determination. The reduced form aggregate consumption function suggests that the determinants of consumption are: Zakat expenditure, taxes, income, and asset holdings of individuals. Zakat could be used as a counter-cyclical policy through the discretionary...

This paper investigates the question of whether the phenomenon of Islamic finance who based on Shariah, or Islamic law is truly globalizing and spreading as a universal system of finance and banking. The paper also addresses various aspects of the globalization for Islamic finance, among other, the issue of the rise of Islamic banking in the world, Islamic jurisprudence and finance, global stan...