Syariah accounting and compliant screening practices

Purpose – The purpose of this paper is to focus on the syariah compliant screening methods that are practiced by prominent Islamic finance users, in terms of qualitative and quantitative screening. Design/methodology/approach – This research uses comparative analysis to recognize the similarities an...

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Bibliographic Details
Published in:Qualitative Research in Financial Markets
Main Author: Soke Fun Ho C.; Masood O.; Abdul Rehman A.; Bellalah M.
Format: Article
Language:English
Published: Emerald Publishing 2012
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85015273143&doi=10.1108%2f17554171211252556&partnerID=40&md5=1f3b97b8aaa6e22de44e4c827c1787e0
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Summary:Purpose – The purpose of this paper is to focus on the syariah compliant screening methods that are practiced by prominent Islamic finance users, in terms of qualitative and quantitative screening. Design/methodology/approach – This research uses comparative analysis to recognize the similarities and differences of methods among 15 users. Findings – Analysis reveals that there is a need to set the universal standards, not only for the investors but also to discourage the misunderstanding between investors and scholars. After analysis of qualitative and quantitative screening, recommendations for both methods have been made for the shariah compliant board and users. Originality/value – The paper is useful for Islamic finance users, as well from the academic point of view and is new and unique in its nature. © 2012, © Emerald Group Publishing Limited.
ISSN:17554179
DOI:10.1108/17554171211252556