THE LEVEL OF CONVERGENCE TO SHARI’AH PRINCIPLES AND CORPORATE PROFITABILITY

This study constructs a Shari'ah convergence index for 1,362 companies operating in 10 different Islamic countries between 2017 and 2021 and assesses its relation to corporate profitability. Shari’ah screening variables are based on existing Shari’ah screening literature and applications, and v...

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Bibliographic Details

Published in:	Journal of Islamic Monetary Economics and Finance
Main Authors:	Deniz Parlak, Mehmet Emin Yildiz, Naci Yılmaz
Format:	Article
Language:	English
Published:	Bank Indonesia 2024-11-01
Subjects:	shari’ah convergence, shari’ah screening, multi-criteria decision-making, return on assets, return on equity.
Online Access:	https://jimf-bi.org/index.php/JIMF/article/view/2337