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Risk-sharing investment is currently the buzz word in Islamic finance. However, there is an incongruence in applying multilayered and opaque Tijarah contracts for investment purposes. This has contributed to the divergence between Shariah and Common Law and caused tremendous problems and systemic legal risks to Islamic finance. The authors of Shariah Investment Agreement introduce a legal tool in the form of a Shariah Investment Agreement carefully drafted to ensure that it is Shariah-compliant and can be applied in Common Law jurisdictions as well, so as to allow for the execution of risk-sharing investment in Islamic finance. It details the building blocks and key considerations that must be noted when drafting such agreements so the investor and investee will know what to expect when entering into such a contract. Proper implementation of the Shariah Investment Agreement will pave a clear route to a harmonious convergence between Shariah and Common Law and lead to Islamic finance developing further to become a stronger, unstoppable force in the finance industry.
Finance (Islamic law) --- Investments (Islamic law) --- Finance --- Common Law. --- Investment. --- Islamic finance. --- Islamic investment. --- Shariah.
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Islamic trade finance (ITF) offers a meaningful opportunity for Malaysia. ITF can play a substantial role to support trade, foster growth, and accelerate post-pandemic recovery. In addition to its impact on the domestic economy, enhancing ITF can bring benefits to other Organization of Islamic Countries (OIC)-member countries and for the global Islamic finance industry in which Malaysia is an established leader. This report explores the ITF opportunity by considering: (1) the current state of global trade finance and of ITF; (2) institutions and instruments active in providing ITF; (3) key challenges ahead in expanding ITF; and (4) opportunities for expanding ITF in Malaysia. The report includes (5) a set of recommendations for stakeholders in Malaysia and beyond to avail of the opportunity that ITF offers. While the recommendations are focused on Malaysia, they may also have relevance for other developing economies where Islamic finance is relevant. The report argues that key strides have already been made in Malaysia and globally to establish ITF concepts, products, and structures. The relative under-utilization of ITF is due to challenges related to awareness, promotion, scale, and harmonization. Addressing these challenges, through a set of recommendations, can foster ongoing growth of ITF in service of Malaysia's development objectives.
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This Special Issue addresses relations between tourism activities, smart specialization strategies, and sustainable development at different territorial levels, including the local, regional, national, and international. Framed by appropriate conceptual frameworks to define the contemporary dynamics of innovation in tourism, case studies supported by advanced quantitative methods and developed in rural and urban areas of Asia, Europe, and Africa are presented and discussed. The concept of smart specialization inspires the formulation of regional innovation policies and strategies, emphasizing the importance of endogenous resources and existing territorial capabilities. By exploring the diversity and variety of each economy to develop inter-sectoral relations, this approach aims at promoting the creation of spillover effects of innovation processes supported by adequate key enabling technologies, potentially leading to the sustainable development of places, regions, and countries. As an activity that mobilizes contributions from different economic sectors, tourism may play a central role in such strategies. As described and discussed in this Special Issue, aspects related to the creative sectors of economies, information and communication technologies, traditional products and lifestyles, food production, or diverse cultural values can be mobilized to generate innovative and sustainable solutions for tourism development.
traditional and regional products --- gastronomy tourism --- regional cuisine --- Trabzon --- Podhale region --- sustainable livelihoods --- rural ecological environment --- rural tourism --- smart specialization --- livelihood sustainability index --- rural revitalization strategy --- innovation --- indicators --- governance --- sustainability --- competitiveness --- destination --- life-cycle --- tourism cooperation --- China-ASEAN --- cooperation structure --- driving factors --- regional tourism --- Islamic finance --- halal tourism --- fuzzy numbers --- TOPSIS --- cultural mediating effects --- halal industry --- relatedness --- proximity --- network --- specialization --- panel data --- visual impairment --- smart tourism --- mobile application --- gamification --- experience design --- social sustainability --- disability equality --- accessible tourism for all --- smart tourism technology experience --- tourist satisfaction --- happiness --- revisit intention --- nature interpretation --- visitor codes --- orientation signage --- tour guiding --- visitor management --- Maasai Mara --- sustainable tourism development --- tourism policy --- sustainability indicators --- cluster analysis --- factor analysis --- Mediterranean --- DPSIR
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The eight articles published in this Special Issue present original, empirical research, using various methods of data collection and analysis, in relation to topics that are pertinent to the study of Islam and Muslims in Australia. The contributors include long-serving scholars in the field, mid-career researchers, and early career researchers who represent many of Australia’s universities engaged in Islamic and Muslim studies, including the Australian National University, Charles Sturt University, Deakin University, Griffith University, and the University of Newcastle. The topics covered in this Special Issue include how Muslim Australians understand Islam (Rane et al. 2020); ethical and epistemological challenges facing Islamic and Muslim studies researchers (Mansouri 2020); Islamic studies in Australia’s university sector (Keskin and Ozalp 2021); Muslim women’s access to and participation in Australia’s mosques (Ghafournia 2020); religion, belonging and active citizenship among Muslim youth in Australia (Ozalp and Ćufurović), the responses of Muslim community organizations to Islamophobia (Cheikh Hussain 2020); Muslim ethical elites (Roose 2020); and the migration experiences of Hazara Afghans (Parkes 2020).
Religion & beliefs --- Islam --- Islam in the West --- Muslim professionals --- Shari’a --- religious authority --- citizenship --- Islamic finance --- neoliberalism --- religion --- Muslims --- Australia --- online survey --- national security --- social cohesion --- Islamophobia --- collective agency --- civil society --- Strong Structuration Theory --- Multiculturalism --- racism --- Australian Muslims --- positional practices --- Muslim migrants --- reporting/representing Islam --- epistemological bias --- social categorisation --- methodological reductionism --- migration --- identity --- lived-experience --- entrepreneurialism --- gender segregation --- mosque --- Muslim women --- religious space --- Islamic studies --- Islamic higher education --- Muslim students --- Islam in university --- Islam in Australia --- classical Islamic studies --- contemporary Islamic studies --- CSU --- ISRA --- CISAC --- Muslim youth --- Muslim youth identity --- Australian Muslim youth --- disengaged identities --- active citizenship --- youth radicalisation --- Muslim youth deradicalisation --- civic engagement --- Muslim civic engagement --- youth civic engagement --- Muslim youth in the west --- n/a --- Shari'a
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This Special Issue addresses relations between tourism activities, smart specialization strategies, and sustainable development at different territorial levels, including the local, regional, national, and international. Framed by appropriate conceptual frameworks to define the contemporary dynamics of innovation in tourism, case studies supported by advanced quantitative methods and developed in rural and urban areas of Asia, Europe, and Africa are presented and discussed. The concept of smart specialization inspires the formulation of regional innovation policies and strategies, emphasizing the importance of endogenous resources and existing territorial capabilities. By exploring the diversity and variety of each economy to develop inter-sectoral relations, this approach aims at promoting the creation of spillover effects of innovation processes supported by adequate key enabling technologies, potentially leading to the sustainable development of places, regions, and countries. As an activity that mobilizes contributions from different economic sectors, tourism may play a central role in such strategies. As described and discussed in this Special Issue, aspects related to the creative sectors of economies, information and communication technologies, traditional products and lifestyles, food production, or diverse cultural values can be mobilized to generate innovative and sustainable solutions for tourism development.
Technology: general issues --- traditional and regional products --- gastronomy tourism --- regional cuisine --- Trabzon --- Podhale region --- sustainable livelihoods --- rural ecological environment --- rural tourism --- smart specialization --- livelihood sustainability index --- rural revitalization strategy --- innovation --- indicators --- governance --- sustainability --- competitiveness --- destination --- life-cycle --- tourism cooperation --- China-ASEAN --- cooperation structure --- driving factors --- regional tourism --- Islamic finance --- halal tourism --- fuzzy numbers --- TOPSIS --- cultural mediating effects --- halal industry --- relatedness --- proximity --- network --- specialization --- panel data --- visual impairment --- smart tourism --- mobile application --- gamification --- experience design --- social sustainability --- disability equality --- accessible tourism for all --- smart tourism technology experience --- tourist satisfaction --- happiness --- revisit intention --- nature interpretation --- visitor codes --- orientation signage --- tour guiding --- visitor management --- Maasai Mara --- sustainable tourism development --- tourism policy --- sustainability indicators --- cluster analysis --- factor analysis --- Mediterranean --- DPSIR
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The eight articles published in this Special Issue present original, empirical research, using various methods of data collection and analysis, in relation to topics that are pertinent to the study of Islam and Muslims in Australia. The contributors include long-serving scholars in the field, mid-career researchers, and early career researchers who represent many of Australia’s universities engaged in Islamic and Muslim studies, including the Australian National University, Charles Sturt University, Deakin University, Griffith University, and the University of Newcastle. The topics covered in this Special Issue include how Muslim Australians understand Islam (Rane et al. 2020); ethical and epistemological challenges facing Islamic and Muslim studies researchers (Mansouri 2020); Islamic studies in Australia’s university sector (Keskin and Ozalp 2021); Muslim women’s access to and participation in Australia’s mosques (Ghafournia 2020); religion, belonging and active citizenship among Muslim youth in Australia (Ozalp and Ćufurović), the responses of Muslim community organizations to Islamophobia (Cheikh Hussain 2020); Muslim ethical elites (Roose 2020); and the migration experiences of Hazara Afghans (Parkes 2020).
Religion & beliefs --- Islam --- Islam in the West --- Muslim professionals --- Shari’a --- religious authority --- citizenship --- Islamic finance --- neoliberalism --- religion --- Muslims --- Australia --- online survey --- national security --- social cohesion --- Islamophobia --- collective agency --- civil society --- Strong Structuration Theory --- Multiculturalism --- racism --- Australian Muslims --- positional practices --- Muslim migrants --- reporting/representing Islam --- epistemological bias --- social categorisation --- methodological reductionism --- migration --- identity --- lived-experience --- entrepreneurialism --- gender segregation --- mosque --- Muslim women --- religious space --- Islamic studies --- Islamic higher education --- Muslim students --- Islam in university --- Islam in Australia --- classical Islamic studies --- contemporary Islamic studies --- CSU --- ISRA --- CISAC --- Muslim youth --- Muslim youth identity --- Australian Muslim youth --- disengaged identities --- active citizenship --- youth radicalisation --- Muslim youth deradicalisation --- civic engagement --- Muslim civic engagement --- youth civic engagement --- Muslim youth in the west --- n/a --- Shari'a
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This Special Issue addresses relations between tourism activities, smart specialization strategies, and sustainable development at different territorial levels, including the local, regional, national, and international. Framed by appropriate conceptual frameworks to define the contemporary dynamics of innovation in tourism, case studies supported by advanced quantitative methods and developed in rural and urban areas of Asia, Europe, and Africa are presented and discussed. The concept of smart specialization inspires the formulation of regional innovation policies and strategies, emphasizing the importance of endogenous resources and existing territorial capabilities. By exploring the diversity and variety of each economy to develop inter-sectoral relations, this approach aims at promoting the creation of spillover effects of innovation processes supported by adequate key enabling technologies, potentially leading to the sustainable development of places, regions, and countries. As an activity that mobilizes contributions from different economic sectors, tourism may play a central role in such strategies. As described and discussed in this Special Issue, aspects related to the creative sectors of economies, information and communication technologies, traditional products and lifestyles, food production, or diverse cultural values can be mobilized to generate innovative and sustainable solutions for tourism development.
Technology: general issues --- traditional and regional products --- gastronomy tourism --- regional cuisine --- Trabzon --- Podhale region --- sustainable livelihoods --- rural ecological environment --- rural tourism --- smart specialization --- livelihood sustainability index --- rural revitalization strategy --- innovation --- indicators --- governance --- sustainability --- competitiveness --- destination --- life-cycle --- tourism cooperation --- China-ASEAN --- cooperation structure --- driving factors --- regional tourism --- Islamic finance --- halal tourism --- fuzzy numbers --- TOPSIS --- cultural mediating effects --- halal industry --- relatedness --- proximity --- network --- specialization --- panel data --- visual impairment --- smart tourism --- mobile application --- gamification --- experience design --- social sustainability --- disability equality --- accessible tourism for all --- smart tourism technology experience --- tourist satisfaction --- happiness --- revisit intention --- nature interpretation --- visitor codes --- orientation signage --- tour guiding --- visitor management --- Maasai Mara --- sustainable tourism development --- tourism policy --- sustainability indicators --- cluster analysis --- factor analysis --- Mediterranean --- DPSIR
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The eight articles published in this Special Issue present original, empirical research, using various methods of data collection and analysis, in relation to topics that are pertinent to the study of Islam and Muslims in Australia. The contributors include long-serving scholars in the field, mid-career researchers, and early career researchers who represent many of Australia’s universities engaged in Islamic and Muslim studies, including the Australian National University, Charles Sturt University, Deakin University, Griffith University, and the University of Newcastle. The topics covered in this Special Issue include how Muslim Australians understand Islam (Rane et al. 2020); ethical and epistemological challenges facing Islamic and Muslim studies researchers (Mansouri 2020); Islamic studies in Australia’s university sector (Keskin and Ozalp 2021); Muslim women’s access to and participation in Australia’s mosques (Ghafournia 2020); religion, belonging and active citizenship among Muslim youth in Australia (Ozalp and Ćufurović), the responses of Muslim community organizations to Islamophobia (Cheikh Hussain 2020); Muslim ethical elites (Roose 2020); and the migration experiences of Hazara Afghans (Parkes 2020).
Islam in the West --- Muslim professionals --- Shari’a --- religious authority --- citizenship --- Islamic finance --- neoliberalism --- religion --- Islam --- Muslims --- Australia --- online survey --- national security --- social cohesion --- Islamophobia --- collective agency --- civil society --- Strong Structuration Theory --- Multiculturalism --- racism --- Australian Muslims --- positional practices --- Muslim migrants --- reporting/representing Islam --- epistemological bias --- social categorisation --- methodological reductionism --- migration --- identity --- lived-experience --- entrepreneurialism --- gender segregation --- mosque --- Muslim women --- religious space --- Islamic studies --- Islamic higher education --- Muslim students --- Islam in university --- Islam in Australia --- classical Islamic studies --- contemporary Islamic studies --- CSU --- ISRA --- CISAC --- Muslim youth --- Muslim youth identity --- Australian Muslim youth --- disengaged identities --- active citizenship --- youth radicalisation --- Muslim youth deradicalisation --- civic engagement --- Muslim civic engagement --- youth civic engagement --- Muslim youth in the west --- n/a --- Shari'a
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