Islamic Economics Institute

JKAU: Islamic Econ., Vol. 30 N2, 1-184 Pages (July 2017)

DOI: 10.4197 / Islec. 30-2

Contents

International Advisory Board and Editorial Board

KAUJIE Transcription Table .................................................................................................................................................... xi

Glossary ...................................................................................................................................................................................... xiv

Articles

The Notion of Risk in Economics Revisited in the Light of the Arab-Muslim Classical Literature

Abderrazak Belabes ........................................................................................................................................................................ 3

Accountability practice in waqf institution:evidence from Indonesia

Hidayatul Ihsan, Maliah Sulaiman, Norhayati Mohd Alwi, and Muhammad Akhyar Adnan .......................................................... 13

Procyclicality and The Intensity of Basel III Measures in Islamic Banking: Some Evidence from Iran

Mehdi Hadian ............................................................................................................................................................................... 33

Discussion Forum              

A Possibly Shariah-Compatible Global Currency as a Solution to Stabilize the Global Monetary System

Bernard Lietaer ............................................................................................................................................................................. 47

Issues Involved in the Proposal of ‘A Global Currency to Stabilize the Monetary System’

Salman Syed Ali ............................................................................................................................................................................ 59

Reform Proposals in the Monetary System for Attaining Global Economic Stability

Mark Joób ..................................................................................................................................................................................... 65

Towards Stabilization of the World Monetary System: A Sharīʿah Perspective

Adam Abdullah .............................................................................................................................................................................. 71

Global Currency Reform: A Proposal

Sheila Dow .................................................................................................................................................................................... 79

Reform Proposals in the Monetary System for Attaining Global Economic Stability

Clive Menzies ................................................................................................................................................................................ 83

Young Researcher Section

Dynamic Relationship between Islamic Banking System & Real Economic Activity: Evidence from a South Asian Economy

Abdul Rafay & Saqib Farid .......................................................................................................................................................... 97

The Islamic Banking Spin-Off: A Lesson from the Indonesian Islamic Banking Experiences

M. Nur Rianto Al Arif, Mustafa E. Nasution, T.M. Zakir Mahmud, and Nachrowi D. Nachrowi ........................................................... 117

Modeling of Premium and Properties of  Family Takaful (Islamic Life Insurance)

Jumadil  Saputra, Suhal Kusairi, and Nur Azura Sanusi ........................................................................................................... 135

Book Review and Reports

Hafiz Yasin and Atiquzzafar : A Text book on Islamic Economics and Finance

Reviewed by M. Saeed Khan ....................................................................................................................................................... 161

Book Report-1 ............................................................................................................................................................................. 167

Book Report-2 ............................................................................................................................................................................. 169

Book Report-3 ............................................................................................................................................................................. 171

Guidelines for Contributors .................................................................................................................................................... 175

Cumulative Index for Last Five Years .................................................................................................................................... 181

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