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Editorial preface of special issue: legal and contractual issues of Islamic banking and finance in the era of industry revolution

Islamic finance is an unavoidable phenomenon in the world financial system. Not only does it offer a new group of potential investors looking to diversify away from traditional investments but its responsive adaptation to economic and financial expectations are among the factors pushing its growth....

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Main Authors: Hassan, Rusni, Mohd. Zain, Nor Razinah
Format: Article
Language:English
Published: International Journal of Management and Applied Research (IJMAR) 2019
Subjects:
H Social Sciences (General)
HB126.4 Islamic Economics
HB71 Economics as a science
HF Commerce
K Law (General)
KBP Islamic Law
T Technology (General)
Online Access:http://irep.iium.edu.my/77181/1/77181%20-%20Editorial%20Preface.pdf
http://irep.iium.edu.my/77181/
http://ijmar.org/v6n4/19-011.html
https://doi.org/10.18646/2056.64.19-011
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spelling my.iium.irep.771812019-12-17T04:08:18Z http://irep.iium.edu.my/77181/ Editorial preface of special issue: legal and contractual issues of Islamic banking and finance in the era of industry revolution Hassan, Rusni Mohd. Zain, Nor Razinah H Social Sciences (General) HB126.4 Islamic Economics HB71 Economics as a science HF Commerce K Law (General) KBP Islamic Law T Technology (General) Islamic finance is an unavoidable phenomenon in the world financial system. Not only does it offer a new group of potential investors looking to diversify away from traditional investments but its responsive adaptation to economic and financial expectations are among the factors pushing its growth. The world’s financial markets are picking up on its potential and benefits. Countries are adopting Islamic finance into their jurisdictions by adding it into their legal and regulatory frameworks. With the continued expansion of Islamic finance, the vital role of a strong legal and Shariah framework in the sustainable development of Islamic finance has been extensively discussed. The rapid transformation of the functioning of the Islamic financial system must be accompanied by guarantees that the regulatory and legal framework is aligned with these developments. This is indeed an important subject, particularly in the present era; the Fourth Industrial Revolution (4IR). Islamic financial institutions have to move fast to reap the benefits of the 4IR and to maintain their relevance. The theme of this special issue is the legal and Shariah issues in Islamic finance in facing the challenges of 4IR. The contributions are mainly from the IIUM Institute of Islamic Banking and Finance (IIiBF) of the International Islamic University Malaysia which is a centre of excellence for education and research in Islamic banking and finance. As the preeminent IBF (Islamic Banking and Finance) research centre, IIiBF has produced numerous research and publications on related disciplines in Islamic banking and finance. International Journal of Management and Applied Research (IJMAR) 2019 Article PeerReviewed application/pdf en http://irep.iium.edu.my/77181/1/77181%20-%20Editorial%20Preface.pdf Hassan, Rusni and Mohd. Zain, Nor Razinah (2019) Editorial preface of special issue: legal and contractual issues of Islamic banking and finance in the era of industry revolution. International Journal of Management and Applied Research (IJMAR), 6 (4). pp. 154-157. ISSN 2056-757X http://ijmar.org/v6n4/19-011.html https://doi.org/10.18646/2056.64.19-011
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic H Social Sciences (General)
HB126.4 Islamic Economics
HB71 Economics as a science
HF Commerce
K Law (General)
KBP Islamic Law
T Technology (General)
spellingShingle H Social Sciences (General)
HB126.4 Islamic Economics
HB71 Economics as a science
HF Commerce
K Law (General)
KBP Islamic Law
T Technology (General)
Hassan, Rusni
Mohd. Zain, Nor Razinah
Editorial preface of special issue: legal and contractual issues of Islamic banking and finance in the era of industry revolution
description Islamic finance is an unavoidable phenomenon in the world financial system. Not only does it offer a new group of potential investors looking to diversify away from traditional investments but its responsive adaptation to economic and financial expectations are among the factors pushing its growth. The world’s financial markets are picking up on its potential and benefits. Countries are adopting Islamic finance into their jurisdictions by adding it into their legal and regulatory frameworks. With the continued expansion of Islamic finance, the vital role of a strong legal and Shariah framework in the sustainable development of Islamic finance has been extensively discussed. The rapid transformation of the functioning of the Islamic financial system must be accompanied by guarantees that the regulatory and legal framework is aligned with these developments. This is indeed an important subject, particularly in the present era; the Fourth Industrial Revolution (4IR). Islamic financial institutions have to move fast to reap the benefits of the 4IR and to maintain their relevance. The theme of this special issue is the legal and Shariah issues in Islamic finance in facing the challenges of 4IR. The contributions are mainly from the IIUM Institute of Islamic Banking and Finance (IIiBF) of the International Islamic University Malaysia which is a centre of excellence for education and research in Islamic banking and finance. As the preeminent IBF (Islamic Banking and Finance) research centre, IIiBF has produced numerous research and publications on related disciplines in Islamic banking and finance.
format Article
author Hassan, Rusni
Mohd. Zain, Nor Razinah
author_facet Hassan, Rusni
Mohd. Zain, Nor Razinah
author_sort Hassan, Rusni
title Editorial preface of special issue: legal and contractual issues of Islamic banking and finance in the era of industry revolution
title_short Editorial preface of special issue: legal and contractual issues of Islamic banking and finance in the era of industry revolution
title_full Editorial preface of special issue: legal and contractual issues of Islamic banking and finance in the era of industry revolution
title_fullStr Editorial preface of special issue: legal and contractual issues of Islamic banking and finance in the era of industry revolution
title_full_unstemmed Editorial preface of special issue: legal and contractual issues of Islamic banking and finance in the era of industry revolution
title_sort editorial preface of special issue: legal and contractual issues of islamic banking and finance in the era of industry revolution
publisher International Journal of Management and Applied Research (IJMAR)
publishDate 2019
url http://irep.iium.edu.my/77181/1/77181%20-%20Editorial%20Preface.pdf
http://irep.iium.edu.my/77181/
http://ijmar.org/v6n4/19-011.html
https://doi.org/10.18646/2056.64.19-011
_version_ 1654959854225195008
score 13.211869

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