International Journal of Islamic Economics and Finance Studies最新文献

{"title":"The Kitāb al-kasb Attributed to al-Shaybānī: Poverty, Surplus, and the Circulation of Wealth","authors":"Mustafa Kahya","doi":"10.25272/ijisef.482878","DOIUrl":"https://doi.org/10.25272/ijisef.482878","url":null,"abstract":"","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"143 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127556796","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Risk Management of Financial Instruments in Islamic Banks: An Overview","authors":"Abderrahmane Sakouili, Chroqui Razane","doi":"10.25272/IJISEF.419518","DOIUrl":"https://doi.org/10.25272/IJISEF.419518","url":null,"abstract":"Risk management plays a major role in the success and survival of various financial institutions around the world. Islamic Financial institutions not being the exception, on the contrary, given the authenticity of their modus operandi and the nature of their financial products, are obliged to use more credible and rigorous risk management systems. A thorough review of the Islamic economy literature based on books, research articles, monographs and reports, was conducted to prepare this study. The main objective is to define and explain the risk management tools (Urboun, Hamish al- Jiddiyah, Khiyarat, Rahn, etc.) used by Islamic financial institutions in financing instruments (Mourabaha, Ijarah, Salam, etc.), in order to unveil their nature and specificity. Which enabled the creation of a summary   table presenting the Risk management tools, the products in which they are used and the risks for which they are used.","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124155246","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Kitap İncelemesi: İslam, Ekonomi ve Toplum","authors":"Ali Can Yenice","doi":"10.25272/IJISEF.523351","DOIUrl":"https://doi.org/10.25272/IJISEF.523351","url":null,"abstract":"Turkiye’de her gecen gun Islam iktisadina yonelik ilgi artmakta ve bu ilgi alana yonelik eserlerin sayisinda ciddi bir artisa sebep olmaktadir. Bir yandan bircok eser tercume edilerek Turkce literaturune kazandirilmakta diger yandan yeni telif eserler kaleme alinmaktadir. Bu calismada, Turkiye’deki Islam iktisadi literaturune henuz yeni kazandirilan S.N. Haider Naqvi’nin “Islam, Ekonomi ve Ahlâk” kitabinin temel tezi tanitilarak, bu tez cercevesinde ortaya cikan konular tartisilacaktir.","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127986075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Kitap İncelemesi- İslam İktisat Düşüncesinin Değişimi (18. Yüzyıl)","authors":"Nazan Lila","doi":"10.25272/IJISEF.545420","DOIUrl":"https://doi.org/10.25272/IJISEF.545420","url":null,"abstract":"Abdul Azim Islahi’nin kaleme aldigi Islam Iktisat Dusuncesinin Degisimi (18. Yuzyil) adli calismanin, yazarin iktisadi dusunce tarihine dair diger calismalariyla beraber dusunuldugunde devamlilik arz eden seriler zincirinin bir parcasi oldugu gorulur. Islahi, adi gecen calismadan once 15. yuzyila kadar olan donemi ve 16. yuzyili ayri iki eserde incelemistir. Bu kitapta ise 18. yuzyilda Islam iktisat dusuncesinin degisimini uc onemli ilim adami uzerinden ele almaktadir.","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122283677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Early Islamic Institutions: Administration and Taxation from the Caliphate to the Umayyads and Abbâsîds","authors":"Öznur Özdemir","doi":"10.25272/ijisef.490018","DOIUrl":"https://doi.org/10.25272/ijisef.490018","url":null,"abstract":"Early Islamic Institutions: Administration and Taxation from the Caliphate to the Umayyads and Abbâsids Kitap Kritigi","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114776003","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"How Shariah Compliance and Traditional Banks Are Performing? A Case of Pakistan","authors":"Muhammad Hussain Qureshi, Rukhsana Kalim","doi":"10.25272/IJISEF.416706","DOIUrl":"https://doi.org/10.25272/IJISEF.416706","url":null,"abstract":"The study is conducted with the objective of comparing shariah compliance and traditional banks of Pakistan from performance perspective. The relative investigations are conducted by means of t-test, for the period 2010-2017. Ratios based on CAMEL approach are applied to identify the managerial and financial performance of shariah compliance and traditional banks of Pakistan. It is observed that Shariah compliance banks are significantly better in managing capital appropriacy, managerial competency, earning quality and liquidity as compared to their traditional counterparts. The findings reveal significant implications for policy makers in assessing the capabilities of Shariah compliance and traditional banks in Pakistan, and for ascertaining the direction of future banking system in Pakistan. Findings of the study also underpin awareness and trust in Shariah compliance banks of Pakistan. Furthermore, according to authors information, there is no comprehensive research in Pakistan that differentiate the performance of Shariah compliance and traditional banks by applying CAMEL approach on variables under study as well as on current data set.","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115407586","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Halal Food and Young Muslims' Purchase Intention in Indonesia (Case Study in Jayapura, Papua Province)","authors":"I. Pratiwi","doi":"10.25272/IJISEF.393128","DOIUrl":"https://doi.org/10.25272/IJISEF.393128","url":null,"abstract":"The main purpose of this research is to examine the factors influencing young Muslims’ intention to purchase halal food in a non-muslim majority province in Indonesia, Papua province. The data were collected from 97 young Muslims using a structured questionnaire. The research investigates on five factors that affect the intention to purchase halal food using Theory of Planned Behavior (TPB) including attitude, subjective norm, perceived behavioral control and additional variables i.e brand awareness and knowledge. The internal consistency reliability test indicated that all scale items were proven reliable and valid . The multiple regression was used to analyze the relationship between independent variables and dependent variable. The result showed that attitude and perceived behavioral control significantly influenced the intention to purchase halal food among young Muslims in Papua. Meanwhile, brand awareness, subjective norm and halal knowledge did not show a significant influence towards young Muslims’ purchase intention.","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122109303","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Kira Sertifikası Fiyat Değerlerinin Makine Öğrenmesi Metodu ile Tahmini","authors":"Şule Yüksel Yiğiter, S. Sari, Turgut Karabulut, Eyyup Ensar Başakin","doi":"10.25272/IJISEF.412760","DOIUrl":"https://doi.org/10.25272/IJISEF.412760","url":null,"abstract":"Alternatif bir finansman araci olarak kabul edilen ve Islami kriterlere uygun bir menkul kiymet olan sukuk, menkul kiymetlestirme alaninda gittikce daha populer hale gelen bir yatirim araci olarak dikkat cekmektedir. Islami bankacilik ile uyumlu olan sukuk, hukumetler ve sirketler tarafindan ihrac edilen tahvil benzeri araclardir. Bu calisma, ulkemizde sukuk ihrac eden Vakif Portfoy sirketi kira sertifikasi fiyatlari uzerinde yapilmis ve gunluk fiyat verileri K-En Yakin Komsuluk (KNN) algoritmasi kullanilarak modellenmistir. Olusturulan modeller yardimiyla gelecekteki kira sertifikasi fiyatlari tahmin edilmeye calisilmistir. Olusturulan modellerde verilerin 143 adeti egitim icin kullanilmis, 95 adeti ise test icin kullanilmistir. Istatistiksel olarak modellerin basarisi olculmus olup, 1, 3 ve 5 gun ilerisi icin yapilan fiyat tahminleri oldukca basarili sonuclar vermistir. Ayrica calisma, sukuk alaninda makine ogrenmesi metotlarinin kullanimini icermesi bakimindan oncu olma ozelligi tasimaktadir.","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133871707","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Fıkhi Filtreleme Metodolojisi - Yeni Bir Fıkhi Yaklaşım","authors":"Ramazan Yildirim, B. Ilhan","doi":"10.25272/IJISEF.439177","DOIUrl":"https://doi.org/10.25272/IJISEF.439177","url":null,"abstract":"Bu calismanin ana amaci halihazirda cesitli kurumlar tarafindan uygulanan farkli metodolojilere dayanilarak elde edilmis “fikhi uygunluk kriterleri”ne yonelik elestirilere donuk onerilerde bulunmaktir. Ayrica, bu calisma, Islamin birincil kaynaklarindan (Kuran ve Sunnet) elde edilen bulgular isiginda, fikhi uygunluk kriterlerini olusturan metodolojilerde gorulen farkliliklarin standartlastirilmasi icin cozumler uretmeye calismaktadir. Islamin birincil kaynaklari olan Kuran ve Sunnet’ten elde edilen guclu cikarimlar gosterir ki bir firmanin fikhi uygunluk kriterlerine uygun olup olmadigi hakkindaki hakkaniyetli ve adil bir hukum ancak o firmanin kontrolu altinda olan icsel faktorlere bakilarak verilebilinir. Bu calisma ayrica fikhi uygunluk kriterlerinin bir butun halinde Islami finansin temel prensiplerini yansitmasinin onemine ve bu minvalde Bakara Suresi’nin 275’inci ayetinin ruhuna uygun olmasinin elzemligine vurgu yapmaktadir. Bu calismanin halihazirda var olan fikhi uygunluk kriterlerindeki farkliliklardan harmoni/standartlasma uretme potansiyeli ile Islami hassasiyetlere sahip yatirimcilari sagladigi bilinclenme ve guvenilirlik sayesinde daha fazla yatirim yapmaya tesvik etmesi beklenmektedir. Bu calisma kaniksanmis dusunme tarzlarinin disina cikarak, fikhi uygunluk kriterlerinin Islamin birincil kaynaklarina dayanilarak nasil elde edilmesi gerektigi ana sorusuna kapsamli bir sekilde cevap uretmeye calismaktadir. \u0000 \u0000 \u0000The purpose of this paper is to address to a long-standing criticism of the various Shari’ah screening methodologies implemented by Islamic index providers. This study aims to provide evidences derived from the Islamic sources (Qur’an and Sunnah) and offers a potential solution for the harmonization of Shari’ah screening methodologies. Strong evidences from the Qur’an reveal that the most righteous and fair judgment is provided when the only factors that are considered are the entirely endogenous factors. This study further emphasizes the importance of using a screening methodology that supports the main notions of Islamic finance as a whole, and adheres to the essence of the ayah (Al-Baqarah: 275). This study exhibits a potential towards the harmonization of Shari’ah screening methodologies which encourages the participation of Muslim investors by ensuring better awareness and confidence regarding stock investments. This paper fulfils an identified need to study how Shari’ah screening methodologies can be derived from the Islamic sources yet is based on “out-of-the-box” thinking.","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127408629","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"An Islamic Approach To Consumption Theory","authors":"Serkan Dilek, O. Küçük, Sefa Işık, F. Çakmak","doi":"10.25272/ijisef.452581","DOIUrl":"https://doi.org/10.25272/ijisef.452581","url":null,"abstract":"Western originated economic theory suggests that homo economicus individuals have unlimited needs and they are insatiable. In ordinal utility theorem as human consume more they will capture higher total utility. There is no limit in consuming goods or services for rational individuals except their budgets. However, in reality if individuals consume more than optimal level they will suffer. Holy Quran and Islamic rules advises households to use only necessary amount of goods. Individuals should spend for necessary amount of goods. The rest of their budget should be spent in the way of ALLAH. Indifference curve approach can’t explain the situation in which individuals consume excess amount of goods. Zakat and institution alms are not located in western originated economic theory. In this study we use new tools to explain individuals will suffer from excess amount of consumption. Bliss point and indifference circles are used in our approach and by the help of these tools we can explain Zakat and institution alms. So this will contribute to develop Islamic economic theory.","PeriodicalId":136568,"journal":{"name":"International Journal of Islamic Economics and Finance Studies","volume":"276 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123420856","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}