This paper AU :1 searches for the universal epistemological foundations of socioscientific theory. Within this quest there is no parochial domain of the Islamic, for the Islamic idea finds itself in methodological, consistent, explanatory, and applied and inferential ways in the domain of what Barrow (1991) refers to as ‘‘everything.’’ Thus, the methodology that is inherent and is to be introdu...

Discussions pertaining to the various Islamic dimensions are actively being undertaken in the media. Within the academic circle, journal articles are accepted as an effective media in the dissemination of knowledge. Articles with Islamic perspectives can be found in disciplines that include Medicine, Banking, Economics and Finance. However, there is little to suggest of the types and frequencie...

Small Medium Enterprises (SMEs) have significant role in employment creation and growth of gross domestic products of developing country. In the case of Indonesia, SMEs account for more than 90 percents of all company and in employment [1]. However, in order to grow and contribute more significantly to the economy, SMEs face some constraints. One of the main constraints faced by SMEs is the lac...

Recently there has been a heightened global concern over ‘contagion’ in the conventional financial markets. Our study is motivated by the desire to test empirically whether this contagion is reflected in the fast growing Islamic financial markets as well. This study is the first attempt at testing whether there has been any contagion among the Shari’ah-compliant stock markets during the most re...

A prudential framework is an important element in facilitating the successful integration of Islamic financial services to the global financial system. In recognition of this need, various stakeholders decided to establish the Islamic Financial Services Board (IFSB) to spearhead the development of a uniform set of prudential, supervisory and disclosure standards for the Islamic financial s...