Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s Standards
Research Questions/Issue: What is the current practice of PSIAs in IBWs in Oman compared to AAOIFI’s standards? Purpose:The main purpose of this research is to reveal the PSIAs practice in Oman’s IBWs in comparison with AAOIFI’s standards, particularly concerning the sharia and disclosure issues. Re...
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2022
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| Online Access: | https://bspace.buid.ac.ae/handle/1234/2123 |
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| _version_ | 1862980612352114688 |
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| author | AL DUWAIKI, OTHMAN SAID HAMED |
| author_facet | AL DUWAIKI, OTHMAN SAID HAMED |
| author_role | author |
| dc.creator.none.fl_str_mv | AL DUWAIKI, OTHMAN SAID HAMED |
| dc.date.none.fl_str_mv | 2022-05 2023-01-03T12:09:28Z 2023-01-03T12:09:28Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | 21000437 https://bspace.buid.ac.ae/handle/1234/2123 |
| dc.language.none.fl_str_mv | en |
| dc.publisher.none.fl_str_mv | The British University in Dubai (BUiD) |
| dc.subject.none.fl_str_mv | AAOIFI’s standards islamic banks Profit Share Investment Accounts (PSIA) Oman GCC countries |
| dc.title.none.fl_str_mv | Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s Standards |
| dc.type.none.fl_str_mv | Dissertation |
| description | Research Questions/Issue: What is the current practice of PSIAs in IBWs in Oman compared to AAOIFI’s standards? Purpose:The main purpose of this research is to reveal the PSIAs practice in Oman’s IBWs in comparison with AAOIFI’s standards, particularly concerning the sharia and disclosure issues. Research Methodology: With the purpose of studying this research issue, the researcher gathered the relevant data of two full-fledged Islamic banks and five Islamic windows located in Oman, using their annual reports and published contract in the year 2021. Therefore, a combination of content and ratio analysis,and comparative approach were used to investigate the issue of research. Research Findings/Insights: The main findings found in this research generally that there were positive disclosure practices regarding the equity and assets distribution . However, there was a lack of information concerning the kind of contractual relationship that links between the different stakeholders involved in PSIAs.In addition, the practice of PSIAs was found to big extent compatible with AAOIFI’s standards. Theoretical/Academic Implications: the found results to some extent bridge the gap between the theory and practice in the issue of PSIAs, providing some suggestions to reduce this gap between the two sides. Keywords: IBWs in Oman,Profit Share Investment Accounts, AAOIFI’s Standards, Islamic banks, GCC countries |
| id | budr_a839fdc4dfeea31385fae8543dfd3f0c |
| identifier_str_mv | 21000437 |
| language_invalid_str_mv | en |
| network_acronym_str | budr |
| network_name_str | The British University in Dubai repository |
| oai_identifier_str | oai:bspace.buid.ac.ae:1234/2123 |
| publishDate | 2022 |
| publisher.none.fl_str_mv | The British University in Dubai (BUiD) |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| spelling | Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s StandardsAL DUWAIKI, OTHMAN SAID HAMEDAAOIFI’s standardsislamic banksProfit Share Investment Accounts (PSIA)OmanGCC countriesResearch Questions/Issue: What is the current practice of PSIAs in IBWs in Oman compared to AAOIFI’s standards? Purpose:The main purpose of this research is to reveal the PSIAs practice in Oman’s IBWs in comparison with AAOIFI’s standards, particularly concerning the sharia and disclosure issues. Research Methodology: With the purpose of studying this research issue, the researcher gathered the relevant data of two full-fledged Islamic banks and five Islamic windows located in Oman, using their annual reports and published contract in the year 2021. Therefore, a combination of content and ratio analysis,and comparative approach were used to investigate the issue of research. Research Findings/Insights: The main findings found in this research generally that there were positive disclosure practices regarding the equity and assets distribution . However, there was a lack of information concerning the kind of contractual relationship that links between the different stakeholders involved in PSIAs.In addition, the practice of PSIAs was found to big extent compatible with AAOIFI’s standards. Theoretical/Academic Implications: the found results to some extent bridge the gap between the theory and practice in the issue of PSIAs, providing some suggestions to reduce this gap between the two sides. Keywords: IBWs in Oman,Profit Share Investment Accounts, AAOIFI’s Standards, Islamic banks, GCC countriesThe British University in Dubai (BUiD)2023-01-03T12:09:28Z2023-01-03T12:09:28Z2022-05Dissertationapplication/pdf21000437https://bspace.buid.ac.ae/handle/1234/2123enoai:bspace.buid.ac.ae:1234/21232023-01-03T23:00:18Z |
| spellingShingle | Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s Standards AL DUWAIKI, OTHMAN SAID HAMED AAOIFI’s standards islamic banks Profit Share Investment Accounts (PSIA) Oman GCC countries |
| title | Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s Standards |
| title_full | Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s Standards |
| title_fullStr | Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s Standards |
| title_full_unstemmed | Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s Standards |
| title_short | Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s Standards |
| title_sort | Investment Accounts Practice in Oman’s Islamic Banks: A Comparative Study With AAOIFI’s Standards |
| topic | AAOIFI’s standards islamic banks Profit Share Investment Accounts (PSIA) Oman GCC countries |
| url | https://bspace.buid.ac.ae/handle/1234/2123 |