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Performance of Sharia Mutual Fund: The Analysis of Asset Allocation in Indonesia

Investment Fund Performance Against Sharia. The PPM 1st National Conference on Management Research Management in the Era of Globalization. Vol. 1, p. 1. PPM School of Management. 7 November 2007. Sharpe, William; Gordon J Alexander and Jeffery V. Bailey. Investment 1997. Volume 2. Translation Henry Njooliangtik and Agustiono. Jakarta: Prenhallindo. Suad Husnan. 1998. Basics Securities Portfolio Theory and Analysis Third Edition. Yogyakarta: Publishing and Printing Unit (UPP) AMP YKPN. Sugiono. 2013. Business Research Methods

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Creating Legal Certainty in Sharia Banking Law Systems through the Embodiment of Sharia Compliance Principle

Abstract

This work is aimed at creating legal certainty sharia compliance arrangements in sharia banking law systems. This idea is highly required to improve the credibility of the sharia-based business activities. Certainly, this study is relevant to solve some normative problems in regulating and managing of the sharia banking activities, particularly regarding sharia compliance. In detail those normative problems can be seen from the inconsistence and ambiguous norms, conflicted norms and legal vacuum in regulating sharia compliance principle. To visualize and elaborate the above issues, these works apply normative legal research, where all data are collected through intensive and extensive literature review. Those data will be analysed by philosophical, statute and conceptual approach. The core issues that will be elaborated in this work are: (i) formulating Islamic values to the some relevant sharia banking law principles; (ii) some normative problems construction of sharia compliance principles in sharia banking law systems; (iii) reconstructing of regulating sharia compliance principles to creating legal certainty. At the end, this work will offer appropriate model in coherence those normative problems in order to creating legal certainty in managing and regulating sharia banking law.

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Role of Financial Inclusion to Stability: The Case of Indonesia’s Sharia Banking

Abstract

Public access to the services of financial institutions determines the revenues amount of financial institutions. The growth of bank account helps banks to manage the financing service that provides for the community. This study examines the relationship of financial inclusion and financial stability, especially in Indonesia’s Sharia banking. Financial inclusion defined as community access to financial services which peroxided by deposits, while the financial stability of Sharia banking is measured by Non Performing Financial (NPF). Samples include financial data of 5 sharia banks during the study period from 2011 to 2016 were analyzed using classical assumption test and regression test. The results of study found that the deposits as proxy of financial inclusion had a positive effect to stability of financial.

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Expansion of Islamic Finance in Europe

) Uwarunkowania i perspektywy rozwoju bankowości islamskiej w Wielkiej Brytanii . Islamic Banks in UK (Online), www.islamicfinance.com/islamic-banks-uk/ , (22. Apr. 2017). Islamic Finance Service Providers (Online), www.luxembourgforfinance.com/en/products-services/islamic-finance , (20 Apr. 2017). Kuveyt Türk Bank (Online), Available: www.wiadomosci.onet.pl/pie.../k0hd9 , (7 Dec. 2011). List of UCI and SIFS Having a Sharia-Compliant Policy (Online), www.cssf.lu/supervision/islamic-finance/ , (20 Apr. 2017). Łukaszewicz, M. (2015) Państwo

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Boko Haram Sharia Reasoning and Democratic Vision in Pluralist Nigeria

. “Young British Muslims since 9/11: A Composite Attitudinal Profile.” Religion, State & Society 39/2&3 (June/Sept. 2011). Igboin, B. O. “The Concomitance of Religious Conflicts in Nigeria: Secularity, Tolerance and Dialogue.” Human Views on God-Variety not Monotony: Essays in Honour of AdeP. Dopamu . Eds. A. K. Chepkwony and P. M. J. Hess. Eldoret: Moi University Press, 2010. Ilesanmi, S. O. “Sharia Reasoning, Political Legitimacy, and Democratic Vision.” Journal of Church and State 53/1 (2011): 27-36. Johnson, J

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Faith, Ethics and Religious Norms in a Globalized Environment: Freedom of Religion as a Challenge to the Regulation of Islamic Finance in Europe

-and-the-liberal-state-once-again. http://opinionator.blogs.nytimes.com/2010/11/01/religion-and-the-liberal-state-once-again Fish, Stanley. "Serving Two Masters: Sharia Law and the Secular State." New York Times (October 25, 2010) // http://opinionator.blogs.nytimes.com/2010/10/25/serving-two-masters-shariah-law-and-the-secular-state/. http://opinionator.blogs.nytimes.com/2010/10/25/serving-two-masters-shariah-law-and-the-secular-state/ Fröhlich, Anne-Sophie, and Claudia Stodte. "Islam von A bis Z [Islam from A to Z]." Der Spiegel Geschichte No

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Islam and Politics: the Case of the Islamic State

Abstract

This paper assesses the fundamental relation between the Islamic-political movements and establishment of the Islamic law (Shari’a). I argue against the critiques of western foreign policy and show that the Islamic State (Caliphate) is both a result of the historical process of the people of a region and the extreme interpretation of the text and Sunna which emphasizes on the traditional Sharia law and the concept of Jihad by fortifying political Islam qua militant Islam. I argue that the Islamic revival aims to a certain political order which threatens the world security and peace. Moreover, I argue that the structural violation of Human Rights is rooted in the traditional concept of Islamic law or Sharia, which obtains its immunity by an illegitimate power. This traditional Islamic law is the inalienable character of authoritarian/totalitarian regimes. This paper is based on the assumption that the extreme ideological/theoretical interpretation implies the empirical objectives of Militant Islamic community with or without any external influential elements. In this sense, we can address the question: how different interpretations and traditions in executing the Islamic Sharia give the social and political grounds a seed for the emergence of violence and terrorism. At the end, this paper ends with a propose which emphasizes on the role of international cooperation to find a resolution and also on the education as a long-term plan to defeat extremism and terrorism.

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Multicultural issues in the development of Islamic banking

Abstract

Islamic banking is highly specific and is based on the Sharia law. This banking offers new products. which comply with the prohibitions of riba, maysir, gharar. Dynamic development of this banking in the word is the consequence of its opening to culturally diverse clients, and not only Muslims. Numerous researches demonstrate that many not-Muslim clients use the financial products which are offered in Islamic banks and in the “Islamic windows” in conventional banks. The Islamic banking offer is increasingly more often dedicated to the clients beyond the Muslim community, and at the same time the products dedicated to this community are offered by traditional banks. In this way the Islamic banking offer diffuses to other cultures.

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Are There Causal Relationships between Islamic versus Conventional Equity Indices? International Evidence

., (2008) “ Les préceptes de la Shariah contribuent-ils à l’efficience et à la performance des marchés d’actions ? Une étude comparative des indices Dow Jones Islamic”, Colloque international: ouverture et émergence en Méditerranée , Rabat, Maroc. Hakim, S., and Rashidian, M., (2002) “Risk and Return of Islamic Stock Market Indexes”, 9 th Economic Research Forum Annual Conference, Sharjah, U.A.E. Hakim, S., and Rashidian, M., (2004) «How Costly is Investors’ Compliance to Sharia?», Proceedings of the 11th Economic Research Forum Annual Conference

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Islamic Banking: Regulatory Background from the Czech Perspective

Abstract

The term “Islamic banking” denotes the banking services in compliance with Islamic law and is nowadays a rapidly expanding, global industry based on a traditional fourteen centuries old legal system. The European market is witnessing growing Shari’acompliant assets especially in the last few years and even non-Muslim countries have been trying to find legal solutions to accomodate Islamic financial institutions. This new academic and business field is raising important issues that merit discussion and this text serves as a contribution to the debate. In the paper I am trying to depict the key and distinguishing features of the Islamic banking model and reflect its law regulation from the point of view of the Czech legislation in the light of the continuing growth and expansion of Islamic banking and finance. The main objective of this article is to find out whether the legal framework of the Czech Republic covers the practice of Islamic finance and also to consider and identify potential legal obstacles.

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