Abdulmajid obaid Saleh

• Dr.
• International Islamic University Malaysia

This report delivers an in-depth analysis of Yemen's monetary and financial developments from January to May 2024 https://cby-ye.com/pages/28, with a focus on Islamic banks. It includes a detailed comparison with conventional banks, a month-by-month financial overview, regression analysis, and key recommendations. https://cby-ye.com/pages/28

This research paper aims to explore aspects of smart contract technology in Islamic finance, focusing on its legitimacy, objectives, and potential applications in Islamic social finance. This study relies on comparative qualitative analysis methodology and revolves around discussing the nature of smart contracts, the challenges related to their for...

The implementation of Shariah governance by the Shariah Supervisory Board (SSB) is critical to overseeing and directing the IB's activities and ensuring their integrity, credibility, and transparency. Islamic banks will not be able to operate in accordance with Shariah if they do not follow proper Shariah governance processes. The purpose of this s...

Islamic banks are still a process of renewal in Islamic financial and banking thought, especially in the application of Maslahah in the financial and banking transactions. The main concern in this paper is using the Maslahah application and dragging all contracts and transactions without concerned attention to the theoretical framework for a sharia...

Islamic banks are still a process of renewal in Islamic financial and banking thought, especially in the application of Maslahah in the financial and banking transactions. The main concern in this paper is using the Maslahah application and dragging all contracts and transactions without concerned attention to the theoretical framework for a sharia...

In recent years, there has been a significant focus on accounting disclosure, driven mainly by the reliance of external stakeholders, particularly those involved with financial institutions, on the information shown in financial statements to guide their decision-making processes. Since these parties lack the authority to access information from fi...

This research examines the applications of the Prophetic tradition (Sunnah) in financial transactions and aims to analyze and evaluate the implementation of the Prophetic tradition in financial transactions by studying the Prophetic evidence and its legal interpretations, elucidating how Muslims should conduct themselves responsibly and correctly i...

This research examines the applications of the Prophetic tradition (Sunnah) in financial transactions and aims to analyze and evaluate the implementation of the Prophetic tradition in financial transactions by studying the Prophetic evidence and its legal interpretations, elucidating how Muslims should conduct themselves responsibly and correctly i...

The purpose of this study is to explain the concept of sukuk, show the benefits of sukuk issuance in the economy, and highlight some key features of sukuk markets as opposed to bond markets. The study also explored two types of sukuk: asset-based sukuk and asset-backed sukuk. The sukuk market is one of the alternative tools for investment and fundr...

In this research, the subject of the electronic wallet was dealt with and dealt with from a legal perspective, as the electronic wallet is considered one of the commonly used payment methods in the current era, and is acceptable to all dealers, sellers and buyers. The research problem lies in the statement of the legal adaptation of the use of the...

The aim of the research is to evaluate the role of zakat in the development of the micro-economy, to provide solutions to overcome the problems facing the Libyan zakat fund by interviewing zakat experts, and thus to promote the development of zakat funds and invest zakat profitably. This paper used the descriptive analytical approach. Moreover, the...

Somalia has experienced some stability and peace following a civil war that lasted for 20 years, but the economic situation is still difficult, and the nation is still susceptible to environmental, political, and economic shocks. Since GDP per capita is equivalent to $435, Somalia remains below the $1750 rate in sub-Saharan Africa. 37% of the popul...

A smart contract is a contract that brings together two or more parties that can be programmed electronically and then execute its terms automatically, once certain events or specific conditions are met and it depends on blockchain technology. This paper intends to elucidate this contract at the practical level, and then explains the legal framewor...

This paper attempts to explore and analyze the concept of cash waqf using smart contracts. This paper seeks to see to what extent blockchain can be leveraged to more effectively and efficiently mobilize the collection of cash waqf. The method used in this paper is a descriptive-qualitative method using secondary sources. Through research, the resul...

الاستشراف أو فقه التوقع من أهم أدوات الفقهاء في استعداد النازلة قبل وقوعها. باستشراف المشاهد -وذلك بواسطة التبصرة والمقربات العقلية- يمكن أن يؤل إليها الفقيه المسلم فبل وقوعها في المستقبل. ولكن الإشكال، فرض السيناريو واستشرافه قبل وقوعه لم يهتم الفقهاء في ذلك نظراً بقلة الكتب أو المقالات أو البحوث المتعلقة بها. كذلك التعمق في هذا الموضوع بمطالعة ال...

The original version of the chapter was inadvertently published with incorrect affiliation for Mohammad Abdelhamid Salim Qataweh, which has now been changed from “University of Malaysia” to “Universiti Malaya, Kuala Lumpur, Malaysia”. The chapter have been updated with the change.

Shariah associations and bodies have permitted Islamic Banks to take the actual cost of lending, that’s was due to the permissibility of differentiating between the loan and the services accompanying its amortization, restriction and follow-up, as these proceedings are not included in the principal of the loan. The Islamic banks differed in applyin...

This paper investigated the parameters that influence Islamic Banks’ financial performance in Malaysia, Indonesia, Thailand, Brunei, and Singapore. The past decades have witnessed the positive expansion of Islamic banking in Southeast Asia but a discernible drop in their profitability and assets growth may denote poor performance. This requires inv...

Shariah associations and bodies have permitted Islamic Banks to take the actual cost of lending, that’s was due to the permissibility of differentiating between the loan and the services accompanying its amortization, restriction and follow-up, as these proceedings are not included in the principal of the loan. The Islamic banks differed in applyin...

With the growth of Islamic banking and new research into Islamic economy, the need to investigate related Islamic terms in these fields has become very important for concerned bodies. To date, there has not been adequate research to shed light on bilingual dictionaries on Islamic finance and economy. Two bilingual dictionaries (Arabic –English) tha...

ملخص: بحث فقهاء الإسلام العقود بشكل عام في الفقه الإسلامي، وتناولوا جُل المباحث العقدية المالية بالدراسة والتحليل الفقهي، بينما قل ما تجد جد دراسة مستوفية لواقع الاهتمام بالبنية التحتية من الناحية التاريخية وإبراز ذلك من الجانب المقاصدي، فخلفاء الإسلام كانوا حريصين على العمران كتعبيد الطرقات، وتوفير الإضاءة، ومشاريع المياه، والمستشفيات، بحسب متطلبا...

الملخص: مع النمو المتسارع الذي حققته المالية والمصرفية الإسلامية في المجتمعات الإسلامية وغير الإسلامية، ومع الإقبال المتزايد على الأسواق المالية الإسلامية من قبل الممولين والمتمولين، لوحظ اهتمام متزايد من قبل العديد من المستثمرين بصناديق الاستثمار الإسلامي، التي تُعتبر أحد القنوات الاستثمارية التي يلجأ إليها كبار المستثمرين وصغارهم، وهذا الاهتمام ي...

The historical development of financial markets in two phases, the first phase of commercial banks then joined the financial markets. The entry of intermediaries into the contractual the process by imposing some new and varied contracts, this development has been accompanied by some violations of Islamic law, the need for financial engineering aris...

The current Shariah supervision in Islamic banks requires specific and organized work, based on the idea of governance and building consensus standards, and away from partial solutions, this is, due to the expansion and the development of Islamic banks. Islamic banks have expanded and branched out significantly, which requiring decision-makers from...

The topic of financial markets and the Zakat rulings related to its products is among the topics that reoccur from time to time with the changes in product versions and features as there are new developments related to long term investment products ranging from the shares in the stock market to the various forms of sukuk. Is it therefore conceivabl...

الملخص. في ظل الأحداث المتسارعة التي يشهدها العالم اليوم، من تقلبات في الأسعار ونقص الفرص الاستثمارية، ومع التطور التكنولوجي المستمر وتهافت كبار المستثمرين على أسواق العملات الرقمية بغية الثراء والربح السريع، وجب علينا تسليط الضوء على النقود الرقمية لما لها من أهمية اقتصادية. تهدف هذه الورقة إلى بيان مفهوم النقود الإلكترونية، ماهيتها، وسماتها، بوص...

الملخص. إن تطور الشعوب والنهوض بمجتمعاتهم لا يمكن أن يتم إلا بالاهتمام بالمؤسسات الاجتماعية منها وخاصةً الجمعيات الخيرية التطوعية، ويعتبر العمل الخيري من أهم الاعمال الدنيوية المؤثرة على المجتمعات سواء اكانت إسلامية أم غيرها، الامر الذي يبرز لنا أهمية هذه الدراسة بالوقوق والتعرف على الجمعيات الخيرية أهدافها وقيمها الراسخة، بوصفها قطاعاً اقتصاديًّا...

Islamic banking has seen a lot of progress and attracted global attention. It has also attracted multiple studies and research. Lexicography has been part of the areas touched upon by research to provide the necessary tools to comprehend terms and concepts related to Islamic financial terminology. Having said that, the inadequacy of the studies and...

يهدف هذا المقال إلى تسليط الضوء على التمويل والوساطة المالية في النظام المالي، وهناك طريقتان معروفتان في التمويل، هما التمويل المباشر والتمويل غير المباشر، حيث وجد الكثير من الوساطة المالية التي تقدم مجموعة متنوعة من الخدمات بناءً على احتياجات العملاء، سواء من وحدات العجز أو وحدات الفائض المالي. حيث سيتم الاهتمام بتحديد مفاهيم الوساطة المالية، إضاف...

The Waqf sector in the Muslim world suffers in general from a state of negligence, and a lack of tactics and strategies in taking advantage of it, which results from cumulative and overlapping factors. This phenomenon invites for an investigation of successful Waqf experiences around the world, of which Singapore is the pioneer in it. The Waqf expe...

Law no. 1 of the year 2013 issued by the Central Bank of Libya has caused a challenge for Libyan banks because this law has prevented all Libyan commercial banks from providing personal loans with interest (riba) at a time when there was no existence of Islamic banking activities. This problem called for finding a suitable alternative for personal...

E-commerce and the digital world are among the initiatives that are addressed by many contemporary researchers. This study seeks to find out how important the digital world, e-commerce, and informatics are in achieving the goals of the Islamic economy. This study also aims to develop the concept of the digital world and to determine whether the dig...

Virtual money emerged as a form of digital money, and it has the same features of paper money in terms of selling, purchasing and international trade exchange without any material tangible entity or central censorship. The value of this currency has developed over approximately thirty years. The spread of this currency created problems that affect...