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Vol. 10 No. 1 JUNE 2021

ISSN: 2289-2109 E-ISSN: 2289-2117

https://journals.iium.edu.my/iiibf-journal/index.php/jif

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JOURNAL OF ISLAMIC FINANCE

EDITOR-IN-CHIEF

Assoc. Prof. Dr. Razali Haron, IIUM Institute of Islamic Banking and Finance, Malaysia EDITOR

Dr. Anwar Hasan Abdullah Othman, IIUM Institute of Islamic Banking and Finance, Malaysia ASSOCIATE EDITORS

Dr. Nur Harena Redzuan, IIUM Institute of Islamic Banking and Finance, Malaysia Prof. Dr. M. Shabri Abd Majid, Syiah Kuala University, Aceh, Indonesia

Assoc. Prof. Dr. Sazali Zainal Abidin, Lincoln University, Christchurch, New Zealand Assoc. Prof. Dr. Adel M. Sarea, Ahlia University, Kingdom of Bahrain

LANGUAUGE & COPY EDITOR

Dr. Syarah Syahira Mohd Yusoff, IIUM Institute of Islamic Banking and Finance, Malaysia EDITORIAL BOARD MEMBERS

Prof. Dr. Ahamed Kameel Mydin Meera, IIUM, Malaysia Prof. Dr. Engku Rabiah Adawiyah, IIUM, Malaysia

Prof. Dr. Habib Ahmed, Durham University, United Kingdom

Assoc. Prof. Dr. Irfan Syauqi Beik, Agricultural University, Bogor, Indonesia Prof. Dr. M. Kabir Hassan, The University of New Orleans, United States of America Prof. Dr. Muhammed Shahid Ebrahim, Bangor University, Wales, United Kingdom Prof. Dr. Raditya Sukmana, Universitas Airlangga, Surabaya, Indonesia

Assoc. Prof. Dr. Rifki Ismail, Central Bank of the Republic of Indonesia, Indonesia Prof. Dr. Rusni Hassan, IIUM, Malaysia

Prof. Dr. Salina Kassim, IIUM, Malaysia

AIM AND SCOPE OF JOURNAL OF ISLAMIC FINANCE

Journal of Islamic Finance (JIF), published biannually (June and December), is a double blind peer-reviewed open-access journal of the IIUM Institute of Islamic Banking and Finance, International Islamic University Malaysia (IIUM). The journal is designed to provide a platform for researchers, academicians and practitioners who are interested in new knowledge and discussing ideas, issues and challenges in the fields of Islamic banking, finance, accounting, business and economics. The scope of the journal includes, but is not limited to, Islamic banking and Finance, Islamic capital market, Islamic wealth management, issues on Shariah implementation and practices of Islamic banking and Finance, zakat, waqf, takaful and comparative analysis of Islamic and conventional financial institutions.

REFEREES’ NETWORK

All papers submitted to the Journal of Islamic Finance will be subjected to a rigorous reviewing process through a worldwide network of specialized and competent referees. Each accepted paper should have at least one positive referee’s assessment.

SUBMISSION OF A MANUSCRIPT

A manuscript should be submitted online to the Journal of Islamic Finance at

https://journals.iium.edu.my/iiibf-journal/index.php/jif/login. Further correspondence on the status of the paper could be done through the journal website.

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Journal of Islamic Finance ISSN: 2289-2109 E-ISSN: 2289-2117

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