Image: Professor M. Kabir HasasnIn the year that IMEFM achieves its first Impact Factor we are pleased to celebrate the research of 5 up and coming scholars in the field of Islamic Finance and Management.


The Editor Professor M. Kabir Hasasn of the University of New Orleans has provided an assessment on why these papers have something valuable to say to us.
 

Determinants of revenue efficiency of Islamic banks: empirical evidence from the south east Asian countries

Fadzlan Sufian and Fakarudin Kamarudin, 2015, vol 8, no 1.
Downloaded 1583 times since 2015 and cited 16 times in Scopus, with a Field-Weighted Citation Impact of 2.56

Sufian et al's research empirically examines the revenue efficiency of Islamic banks in the Southeast Asian countries with special focus on Islamic banks operating in Malaysia, Indonesia and Brunei. It also investigates the influence of the bank-specific and macroeconomic factors on the revenue efficiency of Islamic banks operating in those countries. It reports that the level of revenue efficiency on the domestic Islamic banks is higher compared to that of their foreign Islamic bank counterparts.

The paper is the first of its kind to provide empirical evidence on the determinants of revenue, cost and profit efficiency, and conducts a cross-sectional analysis to measure the performance efficiencies of the local and foreign Islamic banks in Southeast Asian countries

Relationship between capital, risk and efficiency: a comparative study between Islamic and conventional banks of Bangladesh

Image: MD. Dulal MiahMD. Dulal Miah and Kashfia Sharmeen, 2015, vol 8, no 2
22 Citations in Scopus with a 3.76 Field-Weighted Citation Impact, downloaded 2024 times since 2015.

This paper investigates the relationship between capital risk and efficiency of Islamic and conventional banks operating in Bangladesh. It provides appropriate answers to some burning questions, such as whether inefficient banks assume more risk or the major differences between the Islamic and conventional banks in terms of efficiency and risk-taking behaviour.

The paper is unique in a sense that, unlike many of the existing literature that compares the performance of Islamic and conventional banks, it examines the relationship between capital, risk, and efficiency across the Islamic and conventional banks. Therefore, the research is exclusive to the selected area in the context of Bangladesh.

Awareness and willingness towards Islamic banking among Muslims: an Indian perspective

Image: Jamid Ul IslamImage: Zillur RahmanJamid Ul Islam, Zillur Rahman, 2017, vol 10, no 1
11 citations with a 3.53 Field-Weighted Citation Impact, downloaded 2210 times since 2017.

Awareness and willingness to avail Islamic banking by the Muslim Indians is a burgeoning subject of interst. Taking a survey of 290 Indian Muslims across India, the paper concedes that most of the respondents lack an understanding of how Islamic banking works, although most of them are willing to go for Islamic banking if informed properly and offered a better customer experience. The results suggest that Islamic banking needs effective communication strategies to increase awareness among the populace about how Islamic banking operates.

This study enriches the existing Islamic banking literature by filling an important research gap in the context of India.

Bank performance and board of directors attributes by Islamic banks

Abdullah Awadh Bukair and Azhar Abdul Rahman, 2015, vol 8, no 3
10 citations in Scopus with a 1.36 Field-Weighted Citation Impact, downloaded 3216 times since 2015.

Relationships between board structure, investment account holders, and social contribution are the subject of this deep digging paper. This paper documents that both the size and composition of the board are negatively related to the bank performance. The chairman independence has a positive impact on the bank’s performance. Among other findings, bank size and leverage negatively affect the performance of a bank.

The paper does not find any significant effect of Zakah, and gross domestic product produce no significance on bank performance. The empirical investigation of the influence of BODs & CEO power on the performance of the Islamic financial institutions is relatively new in the Islamic finance literature.

International comparison of Shari’ah compliance screening standards

Image: Catherine S F HoCatherine S F Ho, 2015, vol 8, no 2
10 citations in Scopus with a 1.19 Field-Weighted Citation Impact, downloaded 1610 times since 2015.

This paper reviews the Shariah investment screening methodologies of 34 prominent global Islamic finance users. A comparative analysis finds that most of these users practice a two-tier qualitative and quantitative method of screening.

The paper contributes to existing literature by documenting and analysing the qualitative and quantitative screening procedures of global Islamic finance users. The paper helps to understand the practices at a global level to accelerate growth in the Islamic finance industry.