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Journal issue

ISRA International Journal of Islamic Finance — Volume 2, Issue 2 (December 2010)

Use this December 2010 issue to trace questions about investment returns, trade payments, takaful recipients and access to business finance. It is a complete recovered catalogue of nine contributions, with original summaries and source limits. Read it for historical context before checking a present contract.

Sources checked 6 October 2026

Original publisher
International Shari’ah Research Academy for Islamic Finance (ISRA)
Print identity
ISSN 0128-1976 · 190 pages
Original language / access checked
English · 6 October 2026

The nine-contribution list is complete against the recovered publisher page. Editorial, contributor notes and other front/back matter have not all been reconstructed. Research-note page ranges and DOIs remain unverified. This is a newly written bilingual source record, not a translation of the full issue.

Visual explainer

Nine contributions, several questions

New editorial grouping of the verified issue contents. The groups show questions to explore, not one conclusion shared by all authors. The list includes five academic articles, one practitioner article and three research notes. Source: AR
Visual explainer

Which date tells you what?

December 2010

Issue publication; historical research.

21 January 2011

Original page web posting, separate from issue month.

16 March 2012

Actual archive capture: 00:50:50 UTC.

2023

Later DOI registry creation.

2026

Source access on 6 October; not a new product ruling.

Established

Issue identity and all nine contribution titles/authors.

Limited

Summaries follow abstracts and stated research aims. Article page ranges mostly use registry metadata.

Still missing

Original research-note page ranges and DOIs; complete issue paratext; uniform full-text access.

The 2010 publication month is retained. Archived web-post dates are 21 January 2011. Registry exact dates and later deposit dates do not override the issue’s printed or original identity. Source: AR, CR

Issue contents and authors

Original English titles are retained for citation. The summaries below are our short paraphrases of the source abstracts or stated research aims. Cautions about present use are our editorial scope notes. Category and entry order follow the publisher page.

  1. Investment returns
  2. Joint investment model
  3. Trade payment and contracts
  4. Who receives takaful benefits?
  5. SME guarantee awareness
  6. Bank liquidity infrastructure
  7. Parameters for legal devices
  8. Law and Shariah decisions
  9. Capital and conflicts of interest
A1 · Academic article

Juristic Analysis of the Profit Distribution Method of Malaysian Islamic Banks

Reviews how Malaysian banks distributed profits under mudarabah: an arrangement between capital providers and a manager with an agreed profit-sharing ratio. It discusses weighting and reserves. This is a historical juristic discussion, not a description of every account now offered.

Pages: 7–24. DOI 10.55188/ijif.v2i2.110. Registry metadata unless otherwise noted below.

Original archived abstract read; historical download link retained. Full-text download not verified for this entry. Original archived download record

Source: AR, CR
A2 · Academic article

New Musharakah Model in Managing Islamic Investment

Proposes a two-party investment model using two profit-sharing rates. The proposal does not establish commercial adoption, a guaranteed return or suitability for a particular investor.

Pages: 25–36. DOI 10.55188/ijif.v2i2.109. Registry metadata unless otherwise noted below.

Original archived abstract read; historical download link retained. Full-text download not verified for this entry. Original archived download record

Source: AR, CR
A3 · Academic article

An Overview of Shari'ah Issues Regarding the Application of the Islamic Letter of Credit Practice in Malaysia

Examines letters of credit through agency, sale and partnership structures, raising questions about documents, fees and goods risk. Its abstract identifies issues; it does not certify a present facility.

Pages: 37–66. DOI 10.55188/ijif.v2i2.108. Registry metadata unless otherwise noted below.

Repository full-text scan retrieved; cover and opening page visually checked. Summary limited to abstract. Original archived download record · University record and original file

Source: AR, CR, LC
A4 · Academic article

Case Studies of the Practice of Nomination and Hibah by Malaysian Takaful Operators

Analyses forms from eight operators and reports inconsistent nominee roles. The study considered Muslim and non-Muslim participants under the historical framework it discussed.

Pages: 67–100. DOI 10.55188/ijif.v2i2.106. Registry metadata unless otherwise noted below.

Repository full text opened by research tool; summary limited to its abstract. Original archived download record · University record and original file

Source: AR, CR, NOM
A5 · Academic article

An Empirical Investigation into SMEs’ Perceptions of Credit Guarantee Corporation (CGC) Malaysia Berhad: A Case Study of the Islamic Guarantee Scheme in Malaysia

Studies responses from 87 of 300 questionnaires about the Islamic guarantee scheme. Reported low awareness among respondents is not a current national usage estimate or proof of approval.

Pages: 101–128. DOI 10.55188/ijif.v2i2.107. Registry metadata unless otherwise noted below.

Original archived abstract read; historical download link retained. Full-text download not verified for this entry. Original archived download record

Source: AR, CR
A6 · Practitioner article

Islamic Liquidity Management – The Malaysian Experience

Explains the Malaysian money market from a regulatory perspective, covering participants, instruments, transparency, systems, government support and the legal framework. This is system-level analysis.

Pages: 131–156. DOI 10.55188/ijif.v2i2.105. Registry metadata unless otherwise noted below.

Original archived abstract read; historical download link retained. Full-text download not verified for this entry. Original archived download record

Source: AR, CR
A7 · Research note

Shari'ah Parameters of Hiyal in Islamic Finance

Sets out a research aim to examine legal devices and define Shariah parameters. The issue-page description does not supply a final universal permission for any product structure.

Pages: not verified. DOI: not verified; no identifier invented.

Original archived abstract read; historical download link retained. Full-text download not verified for this entry. Original archived download record

Source: AR
A8 · Research note

Analytical Study of the Interaction Between Fatawa, Shari'ah Rulings, Resolutions and Conventional Laws in Contemporary Islamic Finance in Malaysia with Cross Reference to the Practices in Saudi Arabia, Pakistan and the Sudan

Describes a comparative research agenda on legal and Shariah decision-making. Countries named are research scope, not jurisdictions where one Malaysian conclusion automatically applies.

Pages: not verified. DOI: not verified; no identifier invented.

Original archived abstract read; historical download link retained. Full-text download not verified for this entry. Original archived download record

Source: AR
A9 · Research note

Capital Requirements and Banking Behaviour for Islamic Banks

Proposes examining prudential capital standards and bank behaviour. The description uses prospective language; it does not provide completed findings or a bank-specific stability verdict.

Pages: not verified. DOI: not verified; no identifier invented.

Original archived abstract read; historical download link retained. Full-text download not verified for this entry. Original archived download record

Source: AR

Publication details across catalogues

The publisher page shortens A1’s title; the expanded title is in Crossref. For A5, the original lists Amirul Afif Muhamat and Saadiah Mohamad, while Crossref gives “Amirul Affif” and Saadiah Mohamad. The original author credit is retained. A3’s printed opening page has Akhtarzaite Abdul Aziz, while the repository record spells the given name Akhtarzaitie. Crossref gives A4 a 15 October 2010 publication date and other issue articles 15 December 2010; this catalogue keeps December 2010 from the original issue rather than inventing a single exact release day.

Source: AR, CR, LC

Use the research for a present decision

A fictional Malaysian importer, Mei, reads A3 before asking her bank which LC-i contract is offered, who buys the goods, when payment becomes due and what happens if documents differ from the LC. The 2010 article helps frame those questions; it cannot supply her actual approval, charges or supplier-risk allocation.

Visual explainer

One LC-i sheet, two contract paths

Wakalah: payment agency

Buyer requests LC-i
Bank acts as payment agent
Seller receives payment upon compliant documents

Murabahah: cost-plus sale

Bank purchases the import at cost
Bank sells to buyer at cost plus profit
Buyer pays on deferred terms

Documents and goods are different: the sheet says the bank is not obliged to verify physical goods. This diagram does not audit an executed purchase or prove transfer of title in a particular shipment.

New explanation of Maybank Islamic’s publicly linked LC-i sheet, sections 1–2 and 9. EN prints “valid from June 2023”; the linked BM sheet leaves a month/year placeholder. Both require the actual offer and general terms to determine obligations. This is a later example, separate from the 2010 article. Source: PDS, PDS-MS

The later Maybank sheet requires a trade facility before application (§4). It lists commission, handling, stamp duty and other costs; coverage depends on buyer–supplier terms (§5/8). Section 6 describes demands for overdue amounts including the guarantor, late-payment charges, legal action and account set-off. This is indicative information, not a present fee quotation or confirmation of 2026 terms. Ask for the applicable dated offer and general terms to establish funding or reimbursement, payment timing, amounts and goods-risk arrangements. Source: PDS, PDS-MS

A4’s eight-operator study discusses a historical nomination problem for Muslim and non-Muslim participants. A later Takaful Malaysia form, printed Ver01_2024, expressly offers a beneficiary under conditional hibah or an executor who administers distribution. Its nomination section is not applicable when the person covered differs from the participant. Check the actual certificate, assignment and recipient circumstances; neither a name nor religion alone determines the role. This comparison does not decide a family’s inheritance outcome. Source: NOM, FORM

Muslim and non-Muslim readers can use this historical record. Participation in a selected financial product still depends on that provider’s actual rules and assessment. The journal is not an application form, an admission promise, a fatwa for your transaction or a

A short reading checklist

  1. Match title, authors, volume, issue and page version before citing.
  2. Distinguish a study result from a proposal or an abstract’s claim. Read the full original before relying on methods or detailed findings.
  3. Keep 2010 rules and products within their historical setting. Obtain the applicable dated disclosure, contract and amendments for a present offer.
  4. Write down who owns what, who pays whom, all costs, exclusions and what happens when things go wrong. Leave an unknown unanswered until the original supports it.

Related practical reading

References

Research checked 6 October 2026. Live publisher requests failed; archived originals were retrieved freshly. Access is entry-specific: a public metadata record, a listed download and an opened full text are different. All source files remain external; no article PDFs are hosted here.

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