Legal aspect of Islamic banking: a case study of Bahrain

Kingdom of Bahrain is considered one of the leading countries in the Middle East where Islamic banking is growing enormously adopting various legal changes necessary to provide a level playing field to the Islamic banking industry. In order to pave the road to smooth running of the industry, innovat...

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Main Authors: Mohamed Nafees, Seeni Mohamed, Ahmad, Muhamad Hassan, Masum, Ahmad, Md. Dahlan, Nuarrual Hilal
Format: Article
Language:English
Published: Serials Publications (P) Ltd. 2018
Subjects:
Online Access:http://irep.iium.edu.my/68397/
http://irep.iium.edu.my/68397/
http://irep.iium.edu.my/68397/1/BAHRAIN.pdf
id iium-68397
recordtype eprints
spelling iium-683972018-12-21T09:09:54Z http://irep.iium.edu.my/68397/ Legal aspect of Islamic banking: a case study of Bahrain Mohamed Nafees, Seeni Mohamed Ahmad, Muhamad Hassan Masum, Ahmad Md. Dahlan, Nuarrual Hilal K Law (General) KBP Islamic Law KBP1 Islamic law.Shariah.Fiqh Kingdom of Bahrain is considered one of the leading countries in the Middle East where Islamic banking is growing enormously adopting various legal changes necessary to provide a level playing field to the Islamic banking industry. In order to pave the road to smooth running of the industry, innovative and legislative arrangements are introduced from time to time. Notably, the government of Bahrain strives to set it as an international hub for Islamic banking. As such, the Bahrain may be considered as an ideal model for countries which are involved in developing Islamic banking in their respective countries. Eventually, the study finds that Bahrain has introduced various legal changes as well as mandated the adherence to Shariah Standards of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) for smooth running of Islamic banking industry which can be adoptable by other jurisdictions. Serials Publications (P) Ltd. 2018-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/68397/1/BAHRAIN.pdf Mohamed Nafees, Seeni Mohamed and Ahmad, Muhamad Hassan and Masum, Ahmad and Md. Dahlan, Nuarrual Hilal (2018) Legal aspect of Islamic banking: a case study of Bahrain. Journal of Islamic Law Review, 14 (1 (Jan-June)). pp. 109-129. ISSN 0973-2918 http://serialsjournals.com/archives.php?journals_id=272
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic K Law (General)
KBP Islamic Law
KBP1 Islamic law.Shariah.Fiqh
spellingShingle K Law (General)
KBP Islamic Law
KBP1 Islamic law.Shariah.Fiqh
Mohamed Nafees, Seeni Mohamed
Ahmad, Muhamad Hassan
Masum, Ahmad
Md. Dahlan, Nuarrual Hilal
Legal aspect of Islamic banking: a case study of Bahrain
description Kingdom of Bahrain is considered one of the leading countries in the Middle East where Islamic banking is growing enormously adopting various legal changes necessary to provide a level playing field to the Islamic banking industry. In order to pave the road to smooth running of the industry, innovative and legislative arrangements are introduced from time to time. Notably, the government of Bahrain strives to set it as an international hub for Islamic banking. As such, the Bahrain may be considered as an ideal model for countries which are involved in developing Islamic banking in their respective countries. Eventually, the study finds that Bahrain has introduced various legal changes as well as mandated the adherence to Shariah Standards of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) for smooth running of Islamic banking industry which can be adoptable by other jurisdictions.
format Article
author Mohamed Nafees, Seeni Mohamed
Ahmad, Muhamad Hassan
Masum, Ahmad
Md. Dahlan, Nuarrual Hilal
author_facet Mohamed Nafees, Seeni Mohamed
Ahmad, Muhamad Hassan
Masum, Ahmad
Md. Dahlan, Nuarrual Hilal
author_sort Mohamed Nafees, Seeni Mohamed
title Legal aspect of Islamic banking: a case study of Bahrain
title_short Legal aspect of Islamic banking: a case study of Bahrain
title_full Legal aspect of Islamic banking: a case study of Bahrain
title_fullStr Legal aspect of Islamic banking: a case study of Bahrain
title_full_unstemmed Legal aspect of Islamic banking: a case study of Bahrain
title_sort legal aspect of islamic banking: a case study of bahrain
publisher Serials Publications (P) Ltd.
publishDate 2018
url http://irep.iium.edu.my/68397/
http://irep.iium.edu.my/68397/
http://irep.iium.edu.my/68397/1/BAHRAIN.pdf
first_indexed 2023-09-18T21:37:04Z
last_indexed 2023-09-18T21:37:04Z
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