Determinants of shariah non-compliant events in Islamic banks in Malaysia: With special reference to tawarruq-based

• Main Authors: Ali, Mohammad Mahbubi, Hassan, Rusni
• Format: Article
• Language: English; English; English
• Published: International Islamic University Malaysia 2016
• Subjects: BP173.75 Islam and economics
• Online Access: http://irep.iium.edu.my/56410/1/56410_Determinants%20of%20shariah%20non-compliant%20events%20in%20Islamic%20banks%20in%20Malaysia.pdf; http://irep.iium.edu.my/56410/2/56410_Determinants%20of%20shariah%20non-compliant%20events%20in%20Islamic%20banks%20in%20Malaysia_WoS.pdf; http://irep.iium.edu.my/56410/13/56410_Determinants%20of%20shariah%20non-compliant_SCOPUS.pdf; http://irep.iium.edu.my/56410/; http://journals.iium.edu.my/shajarah/index.php/shaj/article/view/419

Tawarruq is a new phenomenon in the Islamic financial landscape. It has gained wide acceptance from the market due to its inherent characteristics that can offer similar features as the conventional structure. Nevertheless, tawarruq is exposed to a high degree of shari’ah non-compliant risk mainly...