Syariah accounting and compliant screening practices

• 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

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.