OOIR: Observatory of International Research

Papers

(The median citation count of International Journal of Islamic and Middle Eastern Finance and Manage is 2. The table below lists those papers that are above that threshold based on CrossRef citation counts [max. 250 papers]. The publications cover those that have been published in the past four years, i.e., from 2022-08-01 to 2026-08-01.)

Article	Citations
Are Muslim CEOs pursuing intangible value creation over profitability? International evidence	49
Financial governance, religious oversight and the value of cash holdings: evidence from Islamic and conventional banks	27
US sanctions, workforce dynamics, and corporate entrepreneurship: evidence from Iran	26
Hospitality management in times of crisis: a corporate social responsibility perspective	25
Exploring the stock market development and sustainable development nexus: insights from emerging market economies	23
Dynamic spillover and connectedness between Fintech and Islamic banking markets: evidence from country-level data with portfolio implications	21
The impact of financial management practices on accountability of Islamic social enterprise (ISE)	20
Cash holdings and firm performance: empirical analysis from Shariah-compliant and conventional corporations	19
Exploring the greenium in the green Sukuk universe: evidence from the primary market	19
Between faith and vice: dynamic spillovers across Shariah-compliant and sin stocks	18
Ottoman cash waqfs as early non-bank financial institutions: balance-sheet evidence and implications for financial inclusion	17
Guest editorial: Islamic finance in South Asia	16
Equity financing and Islamic bank stability: evidence from Malaysia and Indonesia	16
IPO valuation in an emerging market – a study in Iran	15
Nexus between competition, concentration and bank risk-taking in Indonesian Islamic banking	15
Erratum: Artificial intelligence and machine learning in Islamic, middle eastern finance, and management	15
Economical rights versus God’s rights: criticising of the implementation Shariah economic in Indonesia	15
Political risk and portfolio performance: implications for Shariah-compliant investors	15
The effect of corporate strategic change on auditors’ predictions of going-concern opinions: the influence of crisis caused by the pandemic	15
Islamic banking finance and private sector investment in dual banking systems: the impact of institutional quality	14
An analysis of extreme risk spillover effects and their determinants between AI-related assets and Islamic banking indices	13
Capital structure and earnings management: evidence from Saudi Arabia	13
Linking halal certificate and micro, small and medium enterprises (MSMES) performance in Indonesia	13
Islamic and conventional bank deposits: what drives Islamic deposit movement? A trade-off between religiosity and rationality	13
Work ethic, cultural impact and perceived performance – innovative insights from three countries	12

Assessing the impact of external determinants on the social performance of Islamic banks	12
Shari’ah governance and transparency: evidence from stock price synchronicity of Islamic banks	12
Development of a comprehensive sustainability performance index for takaful operators: integrating Maqasid Al-Shariah and stakeholder perspectives	12
Determinants of gross international reserves in the case of the Maldives	12
Corporate culture and green environmental innovation: effects on Shariah financial performance	12
Pricing risk contribution of general Takaful by spatial generalized linear mixed models at the level of tariff cells	12
Sharia supervisory board effectiveness and three regime model of liquidity, risk and market: exploring from dynamic capability and resources in GCC Islamic banking	11
Zakat payment from cryptocurrencies and crypto assets	11
Factors affecting financial engineering and product development in Islamic Financial Institutions	10
Oil price uncertainty and its impact on corporate decisions: an analysis of an oil-exporting economy	10
The impact of corporate governance on bank risk-taking: evidence from an emerging market	10
Revisiting Zakat with a distribution of weighted Shapley value	10
Exploring financial inclusion in MENA countries: an entropy weight approach	9
Designing waqf-based financing model for livestock project: empirical evidence from Indonesia	9
A comparative analysis of green sukuk and green bonds	9
Unveiling the quantile connectedness between cryptocurrency market and Shari’ah-based sustainability indices	9
Digital economy prosperity analysis based on the Grey–Markov model: empirical evidence from MENA region	9
The sustainability and performance of Bank Wakaf Mikro: waqf-based microfinance in Indonesia	9
Editorial: Artificial intelligence and machine learning in Islamic, middle eastern finance, and management	9
From return orientation to actual re-entry: modelling second-chance conversion after entrepreneurial failure in Saudi Arabia, Qatar and the United Arab Emirates	9
Noninterest equality or noninterest finance? Evidence from time-varying networks	9
How do stock markets react to dividend announcements during the COVID-19 pandemic? Evidence from the GCC markets	9
The dynamic effect of participation ındex on the stable firm dynamics: evidence from non-financial firms from Türkiye	8
Does climate policy uncertainty affect Asian financial markets? Evidence from a wavelet-quantile-based approach	8
RETRACTED: Exploring the moderating role of religious orientation on Islamic Fintech adoption	8
Monetary transmissions mechanism for Islamic capital markets: evidence from Markov switching dynamic regression approach	8
ESG activities and bank performance with the moderating influence of competition and regulatory quality: a study in the organization of Islamic countries	8
Exploring the dynamics of bank liquidity holding in Islamic and conventional banks	8
Intellectual capital disclosure (ICD) in Islamic banks: does the diversity of Shariah committee matters?	8
Beyond Sharpe ratio: comparison of risk-adjusted performance of Shariah-compliant and conventional indices	8
Ownership structure, board characteristics, and performance of Indonesian Islamic rural banks	8
Rethinking governance: the nexus between non-financial and financial performance for GCC countries	8
Financial analysts’ personal values, perceived behavioural risk and investment decisions in evaluating CSR	7
Interplay of financial market performance, macroeconomic indicators and business sentiment: a comprehensive study of the Turkish economy	7
Connectedness analysis of price return index among Malaysian economic sectors	7
Bridging faith and future: the role of Islamic finance in driving environmental sustainability in OIC economies	7
Examining preference shares from the Shari’ah perspective: a systematic literature review	7
Capitalism in modern ignorance (jahilliyah): exploring Islamic alternatives to reshape human behaviour and provide solutions for the 21st century	7
A proposed model for Zakah on financial instruments: accounting approach	7
Harmonizing Maqasid al-Shari’ah with sustainable waste management practices: a conceptual framework for principles and implementation	7
An analysis of spatial effects of terrorism on stock market returns in the Middle East countries	7
Revisiting the impact of Islamic finance on economic growth: a decomposition analysis using Indonesia as a testing ground	6
The impact of capital structure and economic uncertainty on banks performance in the MENA region: do Islamic banks differ from conventional?	6
Macroeconomics implication of central bank digital currency: case of Indonesia	6
The impact of global uncertainty on foreign direct investments in MENA countries	6
Cash waqf engagement among Malaysian millennials: the digitization of generosity	6
Short-term predictability of Islamic stocks following price shocks: evidence from four emerging markets	6
Corporate risk-taking, financial constraints and cash holdings: evidence from Saudi Arabia	6
The new legalities of Islamic contractual interpretation: institutional frameworks and the displacement of intention	6
Do you want my loyalty? Then understand what drives my trust – a conventional and Islamic banking perspective	6

Does time orientation improve Islamic cultural finance	6
An insight into the signaling role of Sharia status: a case from an emerging IPO market	5
Banking system stability in the MENA region: the impact of market power and capital requirements on banks’ risk-taking behavior	5
Developing a sustainability framework for Islamic banking: a Maqashid Shariah quadruple bottom line approach	5
Aligning Islamic ethical finance and ESG in China’s green investment strategy in the Middle East	5
Shaping the future: board communication, credit risk and blockchain technology evolution in banking industries – evidence from Bangladesh	5
Factors influencing zakat payment among Ethiopian Muslims: a PLS-SEM analysis	5
Does the conventional money market overnight rate influence the investment rate of Islamic deposits? Evidence from Malaysia	5
Are donor funds used effectively? An examination of Islamic and conventional microfinance institutions	5
Impact of capital inflows on bank profitability: a comparative analysis of dual banking systems	5
Creditworthiness pattern prediction and detection for GCC Islamic banks using machine learning techniques	5
An empirical analysis of the dynamic impact of DeFi on GCC foreign exchange forward markets: portfolio implication	4
Evaluating the technical efficiency of Saudi Arabian telecommunications companies using window DEA and AHP techniques	4
Lender’s position in the profit and loss sharing Islamic finance: an analytical perspective of Izutsu’s hypotheses on “Islam” and “Hilm”	4
The integration of Maqasid Shariah in evaluating stablecoins and traditional cryptocurrencies for Islamic portfolios diversification	4
Is Shariah compliance a buffer against market shocks?	4
Shariah capabilities and value propositions of Islamic banking	4
Zakat as a counter-cyclical welfare instrument: macroeconomic evidence from Indonesia	4
The drivers of liquidity risk in the GCC dual banking sector: the impact of the bank’s business model	4
Fiscal policy, natural resources and Islamic finance on green growth in OIC countries: the moderating role of institutional quality	4
Should oil-based economies implement taxes? Evidence from the United Arab Emirates	4
Bank-specific factors, market conditions and the riskiness of Islamic and conventional banks: evidence from recent quantile approaches	4
Optimal net interest margin and bank stability in emerging markets: evidence from dual banking Indonesia during the COVID-19 pandemic – a game theory perspective	4
The heterogeneous effect of leverage on firm performance: a quantile regression analysis	4
Antecedents of Islamic welfare: productivity, education, and the financial aspect	4
Corporate governance, national culture and bank performance: evidence from MENA countries	4
Investigating the role of Fintech innovations and green finance toward sustainable economic development: a bibliometric analysis	4
The impact of climate change on financial stability: evidence from Maldives	4
A proposed zakat model for digital assets from the Shariah perspective	4
The national-level potential of Zakat and its integration into the fiscal framework: sector-specific insights from the economy of Bangladesh	3
Retraction notice: Evaluation of the Islamic interbank benchmark rate	3
Social influence or religiosity? New factors determining the adoption of Paytech services in Islamic countries	3
Economic and political factors on herding in Islamic GCC stock markets during COVID-19 pandemic	3
The role of Islamic FinTech in digital financial inclusion and sustainable development post covid-19: cross-country analysis	3
Mapping an Islamic venture capital setup using foresight-based social construction approach	3
Governance of Islamic social finance: learnings from existing literature	3
The impact of inflation on bank stability: evidence from the MENA banks	3
Climate risk and bank liquidity creation in MENA region: a dual threshold–quantile approach	3
Integrating environmental, social and governance (ESG) principles with Maqasid al-Shariah: a blueprint for sustainable takaful operations	3
COVID-19 and operating performance: evidence from Shariah-compliant and non-compliant firms	3
Fintech and bank stability nexus in selected MENA countries: a micro-level data analysis	3
A comparative analysis of systematic risk and portfolio optimization differences between Shariah-compliant and conventional Canadian stocks	3
Rethinking financial deepening in Islamic countries: political system and economic growth	3
Heterogeneous stock market impact of Russia–Ukraine War for oil and gas companies	3
Performance of shariah-compliant and non-shariah-compliant ETFs: a comparative study	3
Predicting financial distress in non-financial sector of Pakistan using PCA and logit	3
Revisiting poverty alleviation in Muslim economies: the impact of zakat and Islamic human development	3
The determinants of donors’ behavior toward Islamic charities: a phenomenological inquiry	3
Stock market effects of military conflicts on defence industry	3
Islamic banking in Bangladesh: a literature review and future research agenda	3
Ethical banking behavior among millennials and Gen-Z in Malaysia	2
When to standardize and when to adapt: understanding the effects of Islamic prescriptions on strategic choice-making of multinational enterprises	2
Re-examining money, debt and Islamic banking in the USA	2
Fiscal support and the impacts of tumbling oil prices from COVID-19 on MENA’s economy, energy consumption and environment	2
The effect of corporate governance on financial fragility in non-financial companies: a Minskyian approach	2
Islamic microfinance services: a catalyst for poverty reduction in eastern Ethiopia	2
Predicting the intention to use Paytech services by Islamic banking users	2
An aspirational hope of a Sharīʿah-based microfinance model to alleviate extreme poverty	2
Climate change and economic growth: evidence from a growth at risk model of Indonesia	2
Prospects of Islamic capital market in Uzbekistan: issues and challenges	2
Contingent convertible Ijara pricing model	2
Do economic uncertainty and political risk steer CDS dynamics? An analysis of the Türkiye CDS	2
An analysis of Islamic financing access in Nigeria: perspectives of MSME owners	2
Diversification and performance of microfinance institutions: does Islamic microfinance model matter?	2
Effectiveness of monetary policy tools in a quasi-fixed exchange rate regime: SVAR evidence from the Maldives	2
Plenty of natural resources, institutional quality, and sustainable total factors of production: the moderating role of green Islamic finance	2
Regime specific spillover between Dow Jones Islamic Market World Index, Islamic gold-backed crypto currencies and the blockchain halal index	2
Effectiveness of board of directors and risk-taking: the mediating role of Shari’ah supervisory board of Bangladesh Islamic financial institutions	2
Sharia Supervisory Board accounting background, cross-membership, and cost of equity capital: evidence from worldwide Islamic banking	2
Editorial: Finance, management, and society in an era of transformation: a research agenda for the future	2
Examining the demand side factors of green banking adoption – a study exploring the case of Oman	2
Covid-19 and informational efficiency in Asian emerging markets: a comparative study of conventional and Shariah-compliant stocks	2
Theorizing Islamic entrepreneurship from an Islamic governance perspective	2
Perceptions of capital budgeting and political risk among small- and medium-sized enterprises: evidence from Lebanon	2
The impact of “Islamic banks only” policy on financial and economic development in Indonesia’s Aceh region	2
Creating a religious identity and impression management by Islamic banks	2
Economic growth and sustainable development: evidence from OIC countries	2
Sukuk-based multi-dimensional financing for urban village renewal in China: advancing risk-sharing and inclusive housing models	2