Waqf is a unique feature of the socioeconomic system of Islam in a multi- religious and developing country like India. India is a rich country with waqf assets and the history of waqf in India can be traced back to 800 years ago. Most of the researchers, suggest how waqf can be used a tool to mitigate the poverty of Muslims. India has the third hig

The Muslim population in Myanmar is approximately eight milllions out of fifty eight millions of the whole population. Majority of the Muslim in Myanmar are the poor and unfortunate and there is a urgent need for them to get help especially in the case of health. When the background of the country is relooked, there are very limited donators for wa

Stability of banking system is backbone of any country’s economy. Conventional banking is a prominent banking system and it is well established in both Muslim and non-Muslim countries. Recently, Muslim scholars have suggested Islamic banking which has been widely practiced all over the world. All the Islamic banks except in Sudan are operating in

Corporate governance is part and parcel of banking business activities. The issue of governance can be traced back to the birth of the corporation and many corporate governance guidelines have been introduced to minimize the problems. Among the countries who have introduced corporate governance codes, United Kingdom is the first and earliest countr

Takaful has been introduced as a replacement for conventional insurance. However, there are still some unresolved issues in Islamic life insurance (family takaful) when the participants choose a person as either nominee or recipient of gift (hibah). In Malaysia, the Shariah Advisory Council (SAC) have come out with the resolution which states that

This paper acknowledges the needs of insurance in our daily life. The involvement of unfair elements in insurance brings the unjust contracts between the insurance companies and the insured. This paper takes social-economic justice approach to examine the unfair nature of insurance. It is highlighted that insurance involves uncertainty, interest an

Takaful has been acknowledged as insurance which is in line with Shari’ah principles. Due to the prohibited elements such as interest, uncertainty and gambling in the insurance practices, Takaful has been introduced by the Muslim scholars. Takaful is one of the fast growing industries in Islamic finance and it widely spreads into both Muslim and

The technology, where the ground was used as a heat sink to produce cooler air, has been an area of interest in Malaysia even before National Green Technology Policy was launched in 2009. This simulation study is based on ASHRAE Weather database, local data collected in previous field studies at Universiti Teknologi Malaysia Skudai Campus in Johor

Islam as a comprehensive religion, it molds our way of life comprehensively from the religious activities to the business activities. Muslims are required to abide the Islamic teachings in their private lives as well as dealing with public. When the business dealings are examined, the top corporate players monitor the management of the company and

Takaful is known as a Shari’ah compliant insurance in Muslim and non-Muslim countries. In this regard, Malaysia is a global leader in offering Islamic financial products and supports takaful. Due to the rapid growth of the takaful industry, the prevailing guidelines and regulations might not be adequate to capture the current needs of takaful ope