there is a debate in academia about whether anglo-american accounting is the appropriate system to be accepted without question by all other cultures and people of the world. accounting is the social knowledge which inherently relates to the environment, values, and economic, social, cultural norms of the society in which it is used. so, it is more sensible to consider the requirements, conditi...

This study examines the value analysis in Islamic and conventional banking services in Pakistan. Many scholars have focused on co-creation of values in services but mainly economic values not non-economic. As Islamic banking is based on Islamic principles that are more concerned with non-economic values (well-being, partnership, fairness, trust worthy, and justice) than economic values as money...

circumstances and development of Muslim nations has been the subject of intense debate among Muslims and non-Muslims alike. Western critics of Islam or “Islamic civilization,” such as Bernard Lewis (1990) and Samuel Huntington (1993), have decried its economic irrationality, incompatibility with democracy, and failure to separate religion and state; while scholars such as Edward Said (2001:11) ...

Islamic banking is currently one of the fastest growing segments of the financial market industry, operating in over 75 countries through 300 institutions. While past literature has established the development of financial institutions as a determinant of economic growth, research on the correlation of the diffusion of Islamic banking with economic growth is limited. This study seeks to add to ...

(ISHRAT HUSAIN) Most of the attention on Islamic finance has so far been focused on the regulatory framework, products and services offered, comparability with conventional finance, risk management characteristics, Shariah compliance, and expansion and penetration issues. Very little work has been done to explore the unique features of Islamic finance for the larger good of the society particul...