Proposal for a new Sharīʿah risk rating approach for Islamic banks

Purpose - Customers of Islamic banking industry continue to be skeptical on Sharīʿah compliance of Islamic banks despite receiving fatwa from the competent authorities. The purpose of this paper is to quantify the Sharīʿah risk taken by Islamic banks, so that customers are better informed on the lev...

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Bibliographic Details
Main Authors: Muhammad Adeel Ashraf, Ahcene Lahsasna
Format: Article
Language:English
Published: Emerald Publishing 2017-07-01
Series:ISRA International Journal of Islamic Finance
Subjects:
Online Access:https://www.emeraldinsight.com/doi/pdfplus/10.1108/IJIF-07-2017-008