Journal of Islamic Accounting and Business Research最新文献

{"title":"Macro and micro prudential incentives in ESG lending in dual banking system: do Islamic banks have better ESG lending?","authors":"Hasan Al Banna, Amila Zamzabila Putri","doi":"10.1108/jiabr-12-2024-0491","DOIUrl":"https://doi.org/10.1108/jiabr-12-2024-0491","url":null,"abstract":"Purpose Environmental, social and governance (ESG) lending has become the main objective of policymakers worldwide. However, the banking industry is in a dilemma when supporting the ESG through their investment, due to its high-risk asset. Therefore, the policy mix is critical to support ESG lending in the banking industry. Thus, this paper aims to evaluate the role of macro and micro prudential policy on ESG lending in the dual banking system. Design/methodology/approach Panel data is used, including 8 Islamic banks and 32 conventional banks involved in the samples from 2018 to 2022. Static panel regression and the Generalized Method of Moments (GMM) are implemented, including the robustness check. Findings The findings showed that the Macroprudential Intermediation Ratio, loan loss provision and total assets influence ESG lending in dual banking systems at the macro and micro levels. Furthermore, discussion and analysis are available in this paper. Originality/value To the best of the author’s knowledge, this is the first paper discussing the macro and micro prudential incentives in promoting ESG lending in a dual banking system in an emerging country. Research limitations/implications The study focuses only on the Indonesian context, which is very limited in gaining a multi-perspective from other dual banking systems. Thus, the findings justified the similar macro and micro prudential incentives in the country with similar characteristics to Indonesia. Practical implications The results imply that regulators’ incentives in supporting ESG lending are critical due to its risk. The policies must be adjusted to the specific bank (Islamic or conventional) due to their different characteristics in operations and their market share. Social implications The paper suggests that a policy mix is needed to support the ESG lending in the dual banking systems. Promoting the ESG values in the body of the banking industry, especially Islamic banks, which have to work harder in pursuing the nonprofit activities by giving more to the social orientation through activating Islamic social finance (zakat and qordul hasan contract).","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"1 1","pages":"1-20"},"PeriodicalIF":0.0,"publicationDate":"2026-03-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147886329","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":"Gender impact on business growth in Europe and the Middle East and North Africa","authors":"Sayed Abdul Majid Gilani, Mohamed Ashmel Mohamed Hashim, Issam Tlemsani, Ansarullah Tantry, James Whitehead","doi":"10.1108/jiabr-08-2024-0309","DOIUrl":"https://doi.org/10.1108/jiabr-08-2024-0309","url":null,"abstract":"Purpose The purpose of this study is to analyse how gender diversity within corporate boardrooms influences business growth, specifically comparing the contexts of Europe and the Middle East and North Africa (MENA) region. It aims to explore the dynamics of gender representation in leadership roles, evaluate its impact on organizational performance and assess how cultural and socio-economic factors affect gender diversity in these distinct regions. The study seeks to provide insights that can inform policies promoting gender equality in leadership, contributing to improved decision-making and potentially enhancing business outcomes. Design/methodology/approach Using a quantitative and comparative approach, this study includes responses from 430 business leaders, with 210 from MENA and 220 from Europe. Data were collected through structured surveys and analysed using SPSS to determine the correlation between gender diversity in boardrooms and business growth. Data were collected through structured surveys and analysed using analysis of variance in SPSS to determine the potential gender diversity in boardrooms and business growth. Findings The analysis reveals a strong male dominance in decision-making roles in both European and MENA businesses, with men holding most power and influence. European boardrooms show slightly more gender diversity than MENA, though this does not consistently correlate with higher business growth. Interestingly, MENA reports stronger growth despite less diversity. Women leaders in both regions are effective and dedicated but remain underrepresented. Research limitations/implications The findings call for region-specific policies to enhance gender diversity in leadership, with Gender Equality Action Plans tailored to Europe and MENA. Businesses should adopt mentorship and inclusive policies to support growth through diverse leadership. Promoting diversity can drive workplace equality, supported by education. Further research on long-term impacts and stakeholder engagement is recommended to foster change. Originality/value This research enhances literature by examining women’s representation in gender-balanced boardrooms and addressing the East-West divide. It fills gaps with practical, policy and theoretical recommendations, offering valuable insights for businesses and policymakers promoting gender equality in leadership.","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2025-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147916014","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":"Exploring the antecedents and consequences of brand addiction among Iranian consumers","authors":"Marziyeh Vakili, Reza Salehzadeh, Hassan Esmailian","doi":"10.1108/jiabr-05-2023-0157","DOIUrl":"https://doi.org/10.1108/jiabr-05-2023-0157","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>Because brand addiction is one of the most intense forms of consumer–brand relationships, this type of behavior has recently attracted the attention of researchers in the field of consumer behavior management. The purpose of this paper is to investigate the antecedents and consequences of brand addiction among Iranian consumers.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>This research used a cross-sectional study based on a questionnaire to collect data from a sample of 401 people in Iran. Structural equation modeling was used to test the hypotheses.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>This study found that brand love and brand involvement significantly influence brand addiction. Brand addiction was also positively associated with contingent self-esteem (CSE), compulsive shopping and resilience to negative information. Additionally, the results revealed a positive and significant effect of brand involvement on brand love and a similar positive and significant effect of CSE on compulsive shopping.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>By examining the antecedents and consequences of brand addiction in an Islamic country, this research offers valuable insights that can enrich the literature on brand addiction in consumer behavior and brand management.</p><!--/ Abstract__block -->","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"7 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142247344","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":"Bridging the gap between the tradition of the Prophet in zakat payment and the current practice, through modern measurement","authors":"Dg Nooremah Ag Said, Rose Irnawaty Ibrahim, Azman Ab Rahman, Hafidzi Hamdan","doi":"10.1108/jiabr-10-2023-0328","DOIUrl":"https://doi.org/10.1108/jiabr-10-2023-0328","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This paper aims to view the tradition of the Prophet in zakat payment, especially the attributed measurements, and adapt these measures to current zakat measurement practices.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>This study is designed with an exploratory sequential mixed method where qualitative data were collected from historical archives and also from the measurement of available <em>ṣāʿ</em> صاع and <em>mud_</em> مد. These standard measures were collected from Malaysia and other Muslim countries and calibrated at the National Measurement Standards Laboratory (currently carried out by the National Metrology Institute of Malaysia). The volume of the <em>ṣāʿ</em> were tabulated, charted, analyzed and determined.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>Prophet Muḥammad <img alt=\"\" data-src=\"/insight/proxy/img?link=/resource/id/urn:emeraldgroup.com:asset:id:article:10_1108_JIABR-10-2023-0328/\" src=\"/insight/static/img/emerald-loading-wide-xl.gif\"/> ordered for zakat <em>al-fiṭr</em> زكاة الفطر to measure the crops using ṣāʿ (gallon: volume measure), not <em>raṭl</em> رطل (pound: standard weight). This paper recommends a reference volume for the <em>ṣāʿ</em>, and from this value, the volume for the smaller measure mud and much larger measure <em>wasq</em> وسق were calculated. The agricultural <em>niṣāb</em> <img alt=\"\" data-src=\"/insight/proxy/img?link=/resource/id/urn:emeraldgroup.com:asset:id:article:10_1108_JIABR-10-2023-0328/\" src=\"/insight/static/img/emerald-loading-wide-xl.gif\"/> (5 wasq) is one of the key parameters in <em>ṣāʿ</em> volume analysis.</p><!--/ Abstract__block -->\u0000<h3>Research limitations/implications</h3>\u0000<p>This study covers standard measures acquired from Malaysia, Saudi Arabia and the United Kingdom (traceable to India). Several empirical data are attained from previous studies from Saudi Arabia and North Africa. Also, some theoretical data are obtained from kitab tafsir, hadith and kitab turath (books and records written by early scholars). A concern in this study is the ratio of de-husked grains currently approximated at half of un-hulled grains. This might not necessarily be accurate and may differ by different types of grains.</p><!--/ Abstract__block -->\u0000<h3>Practical implications</h3>\u0000<p>After the introduction of the modern measurement system known as the International System of Units (SI) in 1971, <em>ṣāʿ</em> became obsolete, leaving each state in Malaysia to define and convert <em>ṣāʿ</em> to SI units variously. This paper contributes to standardizing the conversion to one value with an appropriate SI unit, that has traceability to the Prophet’s <em>ṣāʿ</em>. This national reference standard <em>ṣāʿ</em> is essential for zakat <em>al-fiṭr</em> measurement, important for zakat centers and impacting every Muslim in Malaysia. Often overlooked, <em>ṣāʿ</em> is more crucial as a basis in determining and standardizing the seasonal crops <em>niṣāb</em>, unfoldin","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"3 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142184461","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":"Corporate governance and firm performance: in Qatari non-financial firms","authors":"Basel Al-Shaer, Hassan H.H. Aldboush, Ahmad Hisham H. Alnajjar","doi":"10.1108/jiabr-04-2024-0143","DOIUrl":"https://doi.org/10.1108/jiabr-04-2024-0143","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This paper aims to examine the relationship between corporate governance mechanisms and firm performance in Qatari non-financial firms over a nine-year period, including the period of high uncertainty caused by the COVID-19 pandemic.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The study uses data from Refinitiv and employs panel data econometric techniques, namely generalized least squares (GLS), to analyze the impact of board characteristics (board size, board meetings, board gender diversity, board-specific skills, board independence), audit committee features (existence of audit committee, audit committee independence), CEO duality and management scores on both accounting and market performance of Qatari firms. Control variables include firm size, age, leverage and industry classifications.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The findings suggest that board-specific skills positively influence firm performance, while board size and gender diversity exhibit a non-significant impact. Audit committee independence enhances accounting performance but does not significantly affect market performance. Surprisingly, management scores show a significant yet negative impact on certain financial measures, indicating the need for further investigation.</p><!--/ Abstract__block -->\u0000<h3>Practical implications</h3>\u0000<p>These insights provide valuable guidance for policymakers, investors and corporate leaders, emphasizing the importance of tailored governance practices in Qatar's unique business landscape.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This study provides unique insights into the governance-performance relationship in the context of Qatar, a region with limited existing research. The inclusion of the COVID-19 period adds a contemporary dimension to the analysis, highlighting the resilience and adaptability of corporate governance practices during times of crisis.</p><!--/ Abstract__block -->","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"60 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142223969","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":"Factors influencing SME project returns on Islamic Fintech lending platform","authors":"Egi Arvian Firmansyah, Masairol Masri, Muhammad Anshari, Mohd Hairul Azrin Besar","doi":"10.1108/jiabr-10-2023-0340","DOIUrl":"https://doi.org/10.1108/jiabr-10-2023-0340","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>Islamic financial technology (fintech), primarily peer-to-peer (P2P) lending, plays a substantial role in funding the unbanked population and small and medium enterprises (SMEs) by offering streamlined financial services through online digital technology. In addition, Islamic fintech lending offers a promising return rate for individual and institutional investors, and therefore, it is considered a worthy investment alternative for diversification. This study aims to examine the determinants of project returns of SMEs on Islamic fintech lending platforms, taking the case study of one Islamic fintech lending platform registered at the Financial Service Authority in Indonesia.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>Project return information and other information, such as the name of the SME raising fund, project duration, location, contract (aqad) and value (amount of money) to be raised, were extracted from the Islamic fintech lending platform. Furthermore, a regression analysis was performed using the completed projects as sample data (<em>n</em> = 122) on the platform.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The results show that the rate of return is significantly affected by project duration and type of Sharia-compliant contract. Location and project value are, however, found to be statistically insignificant. This study’s overall results align with the Signaling theory, indicating the importance of information for decision-making.</p><!--/ Abstract__block -->\u0000<h3>Research limitations/implications</h3>\u0000<p>Due to limited access to the data, our study uses data from one of seven Islamic fintech lending platforms; thus, the study results may not be generalized to the general population.</p><!--/ Abstract__block -->\u0000<h3>Practical implications</h3>\u0000<p>The results suggest that investors aspiring to invest their funds in SME projects on Islamic fintech lending platforms should consider the project duration and contractual agreement since these factors significantly influence the return. Additionally, society may consider the Islamic fintech lending platform a viable investment instrument since its return rate follows the risk-return principle in classical and established finance theories. That is why Islamic fintech lending platforms are competitive compared to the more established ones, such as the Islamic stock market.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>To the best of the authors’ knowledge, this study is the first study using an empirical approach to reveal the project return determinants of SMEs on Islamic fintech lending platform.</p><!--/ Abstract__block -->","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"179 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142184340","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":"Exploring the feasibility of Muzara’ah based Islamic running finance model as an alternative for agriculture credit","authors":"Hafiz Samiullah Daud, Saqib Sharif","doi":"10.1108/jiabr-12-2022-0352","DOIUrl":"https://doi.org/10.1108/jiabr-12-2022-0352","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This study aims to highlight the issues encountered by Islamic Banking Institutions (IBIs) while financing the agriculture sector and explore the feasibility of Muzara’ah (crop sharing contract on partnership basis) model based on the concept of revolving credit as an alternative to current models.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>To validate the proposed model and gauge the feasibility of Muzara’ah contract, a qualitative research method is applied based on 10 in-depth interviews with qualified industry experts and practitioners. These interviewees are selected following the purposive sampling method, and they belong to Sharīʿah board members of banking institutions, banking industry professionals engaged in agriculture lending, financial regulators (i.e. central bank personnel) and the farming community. Thematic analysis was applied to analyze the data.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The findings of this study document that Muzara’ah can be a useful alternative/solution for the growth of agriculture sector portfolio of financial institutions. Muzara’ah is cost-effective than other Islamic products, including Salam (a kind of sale in which payment is made on the spot while the delivery of the goods is deferred), and carries the features of revolving credit as offered by conventional banks/counterparts.</p><!--/ Abstract__block -->\u0000<h3>Research limitations/implications</h3>\u0000<p>The main limitation of the study is that only 10 in-depth interviews are conducted.</p><!--/ Abstract__block -->\u0000<h3>Practical implications</h3>\u0000<p>The application of the Sharīʿah compliant Muzara’ah model based on the concept of revolving credit could help increase agricultural productivity and revenues and reduce poverty and food insecurity. The research will help IBIs to develop products on the concept of Muzara’ah for farmers and other sectors of the agriculture industry.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>To the best of the authors’ knowledge, Muzara’ah contract is not offered by formal banking institutions in Pakistan. Hence, the findings contribute to the existing literature and facilitate the policymakers and practitioners in implementing this financial product for the growth of the agriculture sector.</p><!--/ Abstract__block -->","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"17 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142184341","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":"Unveiling the terrain of non-bank Islamic personal financing: current practices, challenges, and future prospects","authors":"Ibtisam @ Ilyana Ilias, Mastika Nasrun, Nurul Aini Muhamed","doi":"10.1108/jiabr-07-2023-0221","DOIUrl":"https://doi.org/10.1108/jiabr-07-2023-0221","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This study aims to investigate the current practices among selected non-bank financial institutions (NBFIs) in Malaysia in offering Islamic personal financing and the multiple challenges faced by them.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The qualitative research methodology was used, and primary data was collected using semi-structured interviews with 10 respondents consisting of NBFIs’ representatives and Shariah advisors.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>Most Islamic personal financing practice is based on tawarruq. Among the major challenges faced by NBFIs are the absence of a comprehensive legal framework, Shariah non-compliance risks, cost, human resources and risk management. Recommendations include establishing a proper legal framework and Shariah governance. The study also recommends centralising at the regulatory level aspects such as training, commodity murabahah system and the department performing the Shariah advisory and control functions.</p><!--/ Abstract__block -->\u0000<h3>Research limitations/implications</h3>\u0000<p>Online interviews were conducted during the early wave of the COVID-19 pandemic in 2020 with a limited number of respondents due to people’s hesitancy to participate during the pandemic.</p><!--/ Abstract__block -->\u0000<h3>Practical implications</h3>\u0000<p>The findings will guide regulators and industry players concerning the challenges that must be addressed and the recommendations that can be considered in ensuring complete adherence to Shariah principles for the offering of personal financing. Eventually, Muslim society in need of cash will benefit from the broader choice of Shariah-compliant personal financing.</p><!--/ Abstract__block -->\u0000<h3>Social implications</h3>\u0000<p>The research highlights the weaknesses of self-regulation in guaranteeing Shariah compliance and the need for regulatory intervention.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This is a pioneering empirical study that investigated the offering of Islamic personal financing among NBFIs in Malaysia, the challenges and the way forward.</p><!--/ Abstract__block -->","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"2 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142184118","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":"Corporate governance impact on risk disclosure in Shariah-compliant financial firms of Kuwait","authors":"Abdullah E. Alajmi, Bader A. Al-Shammari","doi":"10.1108/jiabr-02-2024-0070","DOIUrl":"https://doi.org/10.1108/jiabr-02-2024-0070","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This study aims to investigate the relationship between corporate governance characteristics and risk disclosure in <em>Shariah</em>-compliant financial firms operating in Kuwait. It aims to provide insights into the factors influencing risk disclosure practices within these institutions.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>The research used manual content analysis to quantify risk disclosure levels in the annual reports of 47 <em>Shariah</em>-compliant financial companies listed in Kuwait in 2020. Subsequently, multiple regression analysis was conducted to assess the impact of various corporate governance factors on the extent of risk disclosure.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The study reveals that while Kuwaiti <em>Shariah</em>-compliant firms exhibit limited risk disclosure in their annual reports, larger boards and committees, along with a higher number of independent directors, positively influence the level of risk disclosure. Interestingly, the size of the Shariah supervisory boards did not show a significant impact on risk disclosure practices.</p><!--/ Abstract__block -->\u0000<h3>Practical implications</h3>\u0000<p>These findings hold regulatory implications for Kuwait, highlighting the need to ensure information adequacy and promote market efficiency. Additionally, they offer practical insights for managers and investors seeking to optimize fund sourcing and diversify investment portfolios within the context of <em>Shariah</em>-compliant financial institutions.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>This study contributes to the existing literature by providing empirical evidence on the relationship between corporate governance characteristics and risk disclosure in the specific context of <em>Shariah</em>-compliant financial firms operating in Kuwait. Furthermore, it identifies avenues for future research to delve into the influence of additional governance factors on risk disclosure practices within this unique financial landscape.</p><!--/ Abstract__block -->","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"193 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141934298","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":"Innovative, smart, green and halal: a recipe for marketing Muslim destination","authors":"Dwi Suhartanto, Fatya Alty Amalia, Aceng Gima Sugiama, Septi Fahmi Choirisa, Muhamad Nova","doi":"10.1108/jiabr-02-2024-0056","DOIUrl":"https://doi.org/10.1108/jiabr-02-2024-0056","url":null,"abstract":"<h3>Purpose</h3>\u0000<p>This study explores tourist loyalty as a key for marketing Muslim destinations by integrating experience quality, innovation, smart technology and environmental concerns as determinants.</p><!--/ Abstract__block -->\u0000<h3>Design/methodology/approach</h3>\u0000<p>A quantitative research approach was applied by gathering data from 442 inbound Muslim tourists who visited various tourist destinations in Indonesia. PLS-SEM was utilized to examine the hypothesized association between the construct variables.</p><!--/ Abstract__block -->\u0000<h3>Findings</h3>\u0000<p>The data analysis reveals that the inclusion of smart technology and environmental concerns strengthens the innovation-quality-loyalty model. Specifically, this study highlights that smart tourism technology, and environmental concerns are essential to drive the quality of destination innovation and tourist holistic experience, which subsequently impact tourist loyalty.</p><!--/ Abstract__block -->\u0000<h3>Practical implications</h3>\u0000<p>This study provides hints to the marketing managers of Muslim tourist destinations to make their destination sustainable by creating loyalty among their Muslim visitors. In order to achieve this target, Muslim destinations are suggested to utilize smart technology and create environmentally friendly destinations to push innovation.</p><!--/ Abstract__block -->\u0000<h3>Originality/value</h3>\u0000<p>To the best of the authors’ knowledge, this is the first examination of the amalgamating innovation-quality-loyalty model with smart tourism technology and environmental concerns in the context of halal tourism.</p><!--/ Abstract__block -->","PeriodicalId":46046,"journal":{"name":"Journal of Islamic Accounting and Business Research","volume":"2 1","pages":""},"PeriodicalIF":2.2,"publicationDate":"2024-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141885799","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}