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Wyszukujesz frazę "Islamic banking" wg kryterium: Temat


Wyświetlanie 1-10 z 10
Tytuł:
Best practice in bank corporate governance: The case of Islamic banks
Autorzy:
Alatassi, Bchr
Letza, Steve
Powiązania:
https://bibliotekanauki.pl/articles/943177.pdf
Data publikacji:
2018-11-14
Wydawca:
Uniwersytet Ekonomiczny w Poznaniu
Tematy:
corporate governance
Islamic banking
stewardship theory
Opis:
Islamic banks are growing rapidly with annual growth rates of 17.6% between 2009 to 2013 and 19.7% from 2014 to date. This level of growth is projected to continue into the future. Islamic banks now operate in more than 75 countries with a value of approximately $920 trillion of bank assets. Islamic banks are increasingly being seen as good long-term value propositions and are serving both Muslim and non-Muslim customers across international markets. Despite the rapid growth in Islamic finance, the underpinning corporate governance rules and regulations are at an embryonic stage of development with little attention having been paid to them. The purpose of this paper is to help fill that gap by exploring a conceptual model of corporate governance for Islamic banks based on both Islamic finance principles while fused with elements of corporate governance standards from Western theories and codes, primarily the UK, and thereby ensure that good governance is in place in Islamic banks. The paper links the predominant corporate governance theories of Principal/Agent, Stakeholder and Stewardship with practice based corporate governance codes and explores the potential of applying stewardship theory to Islamic banks. Islamic principles emphasis is on real assets rather than debt as is the case in Western Banks and as a consequence this paper offers the conclusion that the more prudent approach to banking used by Islamic banks could be used as a model for Western banks and thereby deliver a more sustainable future and maintain confidence in banks and substitute for the need for taxpayer support, such as the guaranteed deposit scheme, which acts as a backstop under the Western approach.
Źródło:
Economics and Business Review; 2018, 4(18), 4; 115-133
2392-1641
Pojawia się w:
Economics and Business Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Pojęcie lichwy w ekonomii islamskiej
A Question of Usury in Islamic Economics
Autorzy:
Bukowski, Adam
Powiązania:
https://bibliotekanauki.pl/articles/20311679.pdf
Data publikacji:
2014
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
Islamic banking
Islamic economics
interest-free economics
riba
usury
Opis:
The concept of Islamic economics as a coherent economic and financial system basically does not exist. Some authors take it, however, for simplicity, under-standing by this description any entities and legal regulations, mainly in the financial markets, driven – either declaratively or in fact – on the principles derived from religious precepts of Islam. The emphasis is put on so-called inter-est-free banking, which involves the concept of usury (riba). By referring to the essence of Islamic economics, the author shows the dif-ferences and similarities between "interest-free" Islamic banking and conven-tional banking (Western-style). It turns out that the differences are almost exclu-sively at the level of declarations and similarities that arise from attempts to circumvent religious regulations, as in the riba, are much more numerous than it might seem. They result from the need to fuse Islamic finances with global fi-nancial markets, which at least at the point of contact eliminates the capability of maintaining the autonomy of the local banking system. In addition, interest-free Islamic banking development meets an obstacle in the shape of the market pres-ence of conventional banks, which are its natural ideological competition. Thus, although the Islamic Development Bank estimates the size of the market of the Islamic system of financial services in 2015 at between 2 to 8 trillion dollars, one seems to be entitled to conclude that, in practice, between Islamic economics and capitalist economies of the West, at least in terms of banking services, the dif-ferences are purely semantic, and both Western and Islamic deposit, credit and investment products are in fact identical.
Źródło:
Annales. Etyka w Życiu Gospodarczym; 2014, 17, 3; 43-52
1899-2226
2353-4869
Pojawia się w:
Annales. Etyka w Życiu Gospodarczym
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Crowdfunding And The Myth Of Disintermediation
Autorzy:
Amalian, Arutyun W.
Amalyan, Nataly D.
Powiązania:
https://bibliotekanauki.pl/articles/476285.pdf
Data publikacji:
2019
Wydawca:
Wyższa Szkoła Ekonomiczno-Humanistyczna w Bielsku-Białej
Tematy:
disintermediation
sharing economy
disruptive innovations
FinTech
Islamic banking
Opis:
Most commonly crowdfunding (peer-to-peer and peer-to-business lending in particular) is classified as a new phenomenon in financial market, which come within the equally new aggregates of ‘sharing economy’ and/or ‘disruptive innovation’ and/or ‘FinTech’. More rarely it is presented as an example of ongoing process of disintermediation – disposal of a middleman between lenders and borrowers. This article is an attempt to substantiate several theses: (i) that primary financial instruments issued by debt-based crowdfunding platforms, bearing strong resemblance used in Islamic banking Mudaraba and Musharaka contracts, is nothing new in the world of finance; (ii) that more sophisticated instruments, created by crowdfunding platforms, give grounds to qualify this business model as a component of shadow banking; (iii) that contrary to the popular statement that ‘peer-to-peer lending cuts the institutional “middleman” and reduce costs, in reality crowdfunding platforms do not provide any sizeable reduction of borrowing costs and, per contra, contribute to the strengthening and expansion of the banking system.
Źródło:
MIND Journal; 2019, 7; 1-10
2451-4454
Pojawia się w:
MIND Journal
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Mudaraba term deposits in Islamic banking – the crucial aspects
Autorzy:
Sobol, Iwona
Powiązania:
https://bibliotekanauki.pl/articles/2097070.pdf
Data publikacji:
2017
Wydawca:
Polska Akademia Nauk. Komitet Nauk o Finansach PAN
Tematy:
Islamic banking
term deposits
profit and loss sharing
mudaraba
Opis:
Significance of Islamic banking has been increasing in the last few decades. A distinctive feature of Islamic banks is the obligation to conduct operations in accordance with the principles of sharia, which is the religious law of Muslims. The prohibition of interest (riba) is considered to be the most fundamental sharia principle that Islamic banks must follow. As a result, transactions conducted by Islamic banks cannot be based on interest. This principle applies also to deposits which, preferably, should be based on the principle of profit and loss sharing. However, banks which offer this kind of deposits, face a number of problems. To overcome them is one of the challenges for the Islamic banking industry.
Źródło:
FINANSE Czasopismo Komitetu Nauk o Finansach PAN; 2017, 1(10); 373-382
1899-4822
Pojawia się w:
FINANSE Czasopismo Komitetu Nauk o Finansach PAN
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Social Role of Alms (zakāt) in Islamic Economies
Autorzy:
Bukowski, Adam
Powiązania:
https://bibliotekanauki.pl/articles/652647.pdf
Data publikacji:
2014-12
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
Islamic banking
Islamic economics
interest-free economics
zakāt
alms
social justice
Opis:
Islam as both religion and socioeconomic system is based on five main pillars, that is – five basic acts considered mandatory by Muslims, summarized in the hadith of Gabriel. One of them is zakāt (almsgiving), i.e. giving 2.5% of one’s wealth to the poor and needy. In contrary to Christian religion, where question of charity is rather of a voluntary matter, the role of zakāt in Islam is much more rigidly described. Almsgiving is considered as a duty of a pious Muslim towards the poor. Thus in Islamic economy, strongly based on Islam principles given by Allah to Muhammad, zakāt is imposed by law and is not considered a charity but duty rather. The notion of zakāt is mentioned in Qur-an over a 100 times, solely or in conjunction with other commandments. On a basis that zakāt is to be paid as a part of total wealth exceeding given minimum wealth (nisab) it is then justifiable to say that zakāt is principally a tax. A role of this essay is to shed some light on a utilisation and role of zakāt in Islamic economies in socioeconomic context, with an example of Islamic Republic of Pakistan, where in 1980 the Zakāt Ordinance was imposed. The concept of zakāt is present in many Islamic countries, but its nature varies, being dependent from the interpretation of religious law in a given country. Everywhere though, its social role as an important tool maintaining social justice is strongly expressed. Of course zakāt system also has its drawbacks and is subjected to much criticism. The article aims to present both advantages and negative aspects of zakāt.
Źródło:
Annales. Etyka w Życiu Gospodarczym; 2014, 17, 4
1899-2226
2353-4869
Pojawia się w:
Annales. Etyka w Życiu Gospodarczym
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Bankowość islamska i bankowość konwencjonalna - próba porównania
Islamic and Conventional Banking - Comparative Study
Autorzy:
Włodarczyk, Julia
Powiązania:
https://bibliotekanauki.pl/articles/592603.pdf
Data publikacji:
2013
Wydawca:
Uniwersytet Ekonomiczny w Katowicach
Tematy:
Analiza porównawcza
Bankowość
Bankowość islamska
Kraje muzułmańskie
Banking
Comparative analysis
Islamic banking
Islamic countries
Opis:
This paper discusses the most important theoretical foundations of Islamic banking, presents some controversies related to the comparison of the performance of Islamic and conventional banks during the global financial crisis and points out several problems that may influence further development of Islamic banking and its relation to conventional banking.
Źródło:
Studia Ekonomiczne; 2013, 145; 113-122
2083-8611
Pojawia się w:
Studia Ekonomiczne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Ignored Aspects of Islamic Banking and Finance
Autorzy:
Arabi, Seyed Hadi
Powiązania:
https://bibliotekanauki.pl/articles/417360.pdf
Data publikacji:
2014-06-15
Wydawca:
Akademia Leona Koźmińskiego w Warszawie
Tematy:
Islamic banking
aspects of Islamicity of IBF
ignored aspects of IBF
Opis:
Purpose: In the past several decades of Islamic banking and finance (IBF) activity in many countries, notable literature on this topic has been produced all over the world. By analyzing this IBF literature, this study investigates and highlights some ignored aspects of IBF activities. Design/Methodology: Academic IBF literature includes defending the plausibility of IBF as a part of Islamic economics; theoretical analysis regarding some advantages of IBF compared with conventional systems, suggesting some methods for performing IBF; and concentration on introducing financial instruments and innovations in Islamic financial markets. After reviewing them, they are classified as high ranking journal papers and graduate dissertations that were written on Islamic economics in I.R. Iran during the past three decades. Then they are analyzed via analytical methods and descriptive statistics to investigate the ignored aspects of IBF. Findings: Through this systemic study of Islamic banking, real and not skeletal adaptation of Islamic contracts, Islamic goals of Islamic economy, Islamic and ethical values, and justice and poverty reduction are some of the more important neglected aspects in IBF activities. Research Implications: Focusing on these areas in future research could improve the performance of IBF as part of the Islamic economic system and guide IBF activities to the real nature of Islam (Islamicity). Originality/Value: Besides reviewing and classifying the academic literature on IBF, the study is unique in focusing on the neglected aspects of IBF because it is very important and influential to distinguish IBF from non-IBF activities.
Źródło:
Management and Business Administration. Central Europe; 2014, 22, 2; 98-110
2084-3356
Pojawia się w:
Management and Business Administration. Central Europe
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Zagadnienia etyki biznesu w Islamie
The question of business ethic in Islam
Autorzy:
Ramocka, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/415722.pdf
Data publikacji:
2006
Wydawca:
Małopolska Wyższa Szkoła Ekonomiczna w Tarnowie
Tematy:
Islam
etyka gospodarcza
lichwa
bankowość islamska
business ethics
usury
Islamic banking
Opis:
Celem artykułu jest przybliżenie zagadnienia etyki gospodarczej w religii islamu. W części pierwszej opisano okoliczności powstania islamu, uwzględniając ówczesną sytuację społeczno-ekonomiczną. Przedstawiono również główne zasady, na których opiera się ta religia. Część drugą poświęcono głównym pryncypiom etyki gospodarczej w islamie, których źródłem jest przede wszystkim Koran. Zasady religii islamskiej regulują wszystkie sfery życia, także gospodarowanie, zaś reguły normatywnej etyki gospodarczej, korespondują z praktycznymi rozwiązaniami, dostosowanymi do życia współczesnych, praktykujących muzułmanów. Niektóre spośród nich zaprezentowano w artykule.
The article addresses the issue of business ethics in Islam. The first part describes the origin of this religion, in particular from the point of view of the economic situation of Arabic tribes of the period. This part also presents the main rules of Islam. The second part is devoted to the normative principles of business ethics in Islam, which are rooted, above all in the book of the Koran. The normative principles of Islam extend to all spheres of human life, including the economy, and the obligatory normative requirements presented in this article (for instance relating to the activity of usury) correspond to adequate, practical solutions adopted in the daily life of contemporary practicing Muslims. The article also takes a closer look at these solutions themselves.
Źródło:
Zeszyty Naukowe Małopolskiej Wyższej Szkoły Ekonomicznej w Tarnowie; 2006, 1(9); 127-141
1506-2635
Pojawia się w:
Zeszyty Naukowe Małopolskiej Wyższej Szkoły Ekonomicznej w Tarnowie
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
An Assessment of Islamic Banking in Bosnia and Herzegovina – a comparative analysis using the CAMELS approach
Ocena bankowości islamskiej w Bośni i Hercegowinie – analiza porównawcza z użyciem podejścia CAMELS
Autorzy:
Komorowski, Rafał
Kubiszewska, Katarzyna
Powiązania:
https://bibliotekanauki.pl/articles/646281.pdf
Data publikacji:
2016
Wydawca:
Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
Tematy:
bankowość islamska
Bośnia i Hercegowina
Islamic Banking
CAMEL
Bosnia and Herzegovina
Opis:
W artykule przeprowadzono analizę bankowości islamskiej w Bośni i Hercegowinie. Wprawdzie aż prawie połowa ludności bośniackiej jest pochodzenia islamskiego, to tylko jeden bank funkcjonujący w tym kraju oparł swoją działalność wyłącznie na Szariacie. Celem artykułu jest przeprowadzenie analizy porównawczej sytuacji finansowej tego banku i sektora bankowego zarówno w Bośni, jak i w regionie Bałkanów Zachodnich. Wybrano metodę analizy opartą o system CAMELS, który bada instytucję, biorąc pod uwagę jej najistotniejsze elementy: jakość kapitału, jakość aktywów, zarządzanie w odniesieniu do pracowników, zyskowność, płynność oraz wrażliwość na ryzyko.
This paper examines the phenomenon of Islamic banking in Bosnia and Herzegovina. Although almost half of the Bosnian population is recognized as Islamic, there is only one bank purely based on Sharia operating in this country. The aim of the article is to conduct a comparative analysis of the financial standing of this bank and the banking sector in this country and region. The chosen method of analysis is CAMELS, which examines an institution by taking into consideration its most crucial elements: capital, assets, management, earnings, liquidity and sensitivity to risk.
Źródło:
Ekonomia Międzynarodowa; 2016, 16; 367-387
2082-4440
2300-6005
Pojawia się w:
Ekonomia Międzynarodowa
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
ISLAMSKIE FINANSE I BANKOWOŚĆ: CZYNNIKI ROZWOJU ORAZ TYPOWE RYZYKA
ISLAMIC FINANCE AND BANKING: DEVELOPMENT FACTORS AND SPECIFIC RISKS
Autorzy:
Komorowski, Rafał
Powiązania:
https://bibliotekanauki.pl/articles/441663.pdf
Data publikacji:
2014
Wydawca:
Sopocka Akademia Nauk Stosowanych
Tematy:
islamic banking
risks
sharia
compliance
confidence crisis
bankowość muzułmańska
ryzyka
szariat
spełnianie wymogów
kryzys zaufania
Opis:
Celem artykułu jest przybliżenie oraz wyjaśnienie podłoża rozwoju i ekspansji islamskich finansów i bankowości. Artykuł można podzielić na dwie główne części. W pierwszej (w 2. rozdziale) dokonano wyjaśnienia źródeł pochodzenia finansów islamskich; a także wskazano czynniki mające wpływ na powstanie pierwszych zorganizowanych struktur oraz dalszą ekspansję finansów i bankowości islamskiej. Następnie w drugiej części artykułu (w 2., 3. oraz 4. rozdziałach) opisano ryzyka typowe dla islamskich instytucji finansowych oraz dalsze perspektywy rozwoju tego sektora w ich kontekście, jak również w kontekście szans stwarzanych przez unikalność tego sektora. Artykuł pokazuje odrębność sektora finansów i bankowości islamskiej od jego konwencjonalnego odpowiednika, co spowodowane jest jego unikalnym uwarunkowaniom prawnym, specyficznym dla niego ryzykom oraz religią, z którą finanse islamskie są mocno związane.
The goal of this paper is to familiarize and examine reasons of Islamic finance development and expansion. Paper can be divided in two main parts in which the first one (chapter 1) is an explanation of the Islamic finance and banking origins; indication of the factors which have a crucial meaning for the creation of first structures and their further expansion. The second part of the paper (chapters 2, 3 and 4) describe the associated risks, which are typical for this market segment and also opportunities which are arising due to unique structure of Islamic finance and banking sector. Paper indicates that the Islamic finance and banking is a separate market sector which differs from the conventional banking sector thanks to its unique legal requirements, specific risks and religion on which the Islamic finance and banking is based on.
Źródło:
Przestrzeń, Ekonomia, Społeczeństwo; 2014, 5/I; 171-188
2299-1263
2353-0987
Pojawia się w:
Przestrzeń, Ekonomia, Społeczeństwo
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-10 z 10

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