{"id":"https://openalex.org/W2021832579","doi":"https://doi.org/10.1016/j.bir.2014.05.001","title":"Law and Islamic finance: How legal origins affect Islamic finance development?","display_name":"Law and Islamic finance: How legal origins affect Islamic finance development?","publication_year":2014,"publication_date":"2014-06-11","ids":{"openalex":"https://openalex.org/W2021832579","doi":"https://doi.org/10.1016/j.bir.2014.05.001","mag":"2021832579"},"language":"en","primary_location":{"id":"doi:10.1016/j.bir.2014.05.001","doi":"https://doi.org/10.1016/j.bir.2014.05.001","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.bir.2014.05.001","pdf_url":"https://www.sciencedirect.com/science/article/pii/S2214845014000246/pdf","source":{"id":"https://openalex.org/S2764882396","display_name":"Borsa Istanbul Review","issn_l":"2214-8450","issn":["2214-8450","2214-8469"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-b","cwts-core","doaj","jufo-1","poland-70"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Borsa Istanbul Review","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://www.sciencedirect.com/science/article/pii/S2214845014000246/pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5025227006","display_name":"Rihab Grassa","orcid":"https://orcid.org/0000-0003-3623-0804","observed_orcids":["https://orcid.org/0000-0003-3623-0804"]},"institutions":[{"id":"https://openalex.org/I83259278","display_name":"Manouba University","ror":"https://ror.org/0503ejf32","country_code":"TN","type":"education","lineage":["https://openalex.org/I83259278"]}],"countries":["TN"],"is_corresponding":true,"raw_author_name":"Rihab Grassa","raw_affiliation_strings":["Higher Institute of Accountancy and Entrepreneurial Administration, ISCAE, Manouba University, Tunisia","LIGUE (ISCAE), Manouba University, Tunisia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Higher Institute of Accountancy and Entrepreneurial Administration, ISCAE, Manouba University, Tunisia","institution_ids":["https://openalex.org/I83259278"]},{"raw_affiliation_string":"LIGUE (ISCAE), Manouba University, Tunisia","institution_ids":["https://openalex.org/I83259278"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5063421864","display_name":"Kaouthar Gazdar","orcid":"https://orcid.org/0000-0002-5774-7936","observed_orcids":["https://orcid.org/0000-0002-5774-7936"]},"institutions":[{"id":"https://openalex.org/I179097149","display_name":"University of Carthage","ror":"https://ror.org/057x6za15","country_code":"TN","type":"education","lineage":["https://openalex.org/I179097149"]},{"id":"https://openalex.org/I8636806","display_name":"University of Sousse","ror":"https://ror.org/00dmpgj58","country_code":"TN","type":"education","lineage":["https://openalex.org/I8636806"]}],"countries":["TN"],"is_corresponding":false,"raw_author_name":"Kaouthar Gazdar","raw_affiliation_strings":["Faculty of Economics and Management of Sousse, University of Sousse, Tunisia","LEFA (IHEC Carthage), University of Carthage, Tunisia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Faculty of Economics and Management of Sousse, University of Sousse, Tunisia","institution_ids":["https://openalex.org/I8636806"]},{"raw_affiliation_string":"LEFA (IHEC Carthage), University of Carthage, Tunisia","institution_ids":["https://openalex.org/I179097149"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5025227006"],"corresponding_institution_ids":["https://openalex.org/I83259278"],"apc_list":{"value":1500,"currency":"USD","value_usd":1500},"apc_paid":{"value":1500,"currency":"USD","value_usd":1500},"fwci":4.2501,"has_fulltext":true,"cited_by_count":40,"citation_normalized_percentile":{"value":0.94708105,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"14","issue":"3","first_page":"158","last_page":"166"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11365","display_name":"Islamic Finance and Banking Studies","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11365","display_name":"Islamic Finance and Banking Studies","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12312","display_name":"Culture, Economy, and Development Studies","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/3317","display_name":"Demography"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14317","display_name":"Finance, Markets, and Regulation","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/islamic-finance","display_name":"Islamic finance","score":0.968999981880188},{"id":"https://openalex.org/keywords/legal-origins","display_name":"legal origins","score":0.9139999747276306},{"id":"https://openalex.org/keywords/shari-a-law","display_name":"Shari'a law","score":0.921999990940094},{"id":"https://openalex.org/keywords/common-law","display_name":"common law","score":0.7670000195503235},{"id":"https://openalex.org/keywords/civil-law","display_name":"civil law","score":0.9990000128746033},{"id":"https://openalex.org/keywords/mixed-legal-systems","display_name":"mixed legal systems","score":0.9169999957084656},{"id":"https://openalex.org/keywords/islamic-banking","display_name":"Islamic banking","score":0.8479999899864197},{"id":"https://openalex.org/keywords/financial-development","display_name":"financial development","score":0.7490000128746033}],"concepts":[{"id":"https://openalex.org/C4445939","wikidata":"https://www.wikidata.org/wiki/Q432","display_name":"Islam","level":2,"score":0.7213097810745239},{"id":"https://openalex.org/C2991718497","wikidata":"https://www.wikidata.org/wiki/Q457753","display_name":"Islamic finance","level":3,"score":0.6196990013122559},{"id":"https://openalex.org/C168702047","wikidata":"https://www.wikidata.org/wiki/Q482752","display_name":"Sharia","level":3,"score":0.5848408937454224},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.541990339756012},{"id":"https://openalex.org/C2908647359","wikidata":"https://www.wikidata.org/wiki/Q2625603","display_name":"Population","level":2,"score":0.5296169519424438},{"id":"https://openalex.org/C2780677400","wikidata":"https://www.wikidata.org/wiki/Q4122235","display_name":"Civil law (Civil law)","level":3,"score":0.5087631344795227},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.42824530601501465},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.40954363346099854},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.31417691707611084},{"id":"https://openalex.org/C86432685","wikidata":"https://www.wikidata.org/wiki/Q219186","display_name":"Commercial law","level":2,"score":0.29241687059402466},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.2077639102935791},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.12549594044685364},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C149923435","wikidata":"https://www.wikidata.org/wiki/Q37732","display_name":"Demography","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/j.bir.2014.05.001","doi":"https://doi.org/10.1016/j.bir.2014.05.001","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.bir.2014.05.001","pdf_url":"https://www.sciencedirect.com/science/article/pii/S2214845014000246/pdf","source":{"id":"https://openalex.org/S2764882396","display_name":"Borsa Istanbul Review","issn_l":"2214-8450","issn":["2214-8450","2214-8469"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-b","cwts-core","doaj","jufo-1","poland-70"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Borsa Istanbul Review","raw_type":"journal-article"},{"id":"mag:3124362618","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2694625","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:doaj.org/article:097fc03dafec4d4b8c296543c8cdd7e3","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/097fc03dafec4d4b8c296543c8cdd7e3","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Borsa Istanbul Review, Vol 14, Iss 3, Pp 158-166 (2014)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1016/j.bir.2014.05.001","doi":"https://doi.org/10.1016/j.bir.2014.05.001","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.bir.2014.05.001","pdf_url":"https://www.sciencedirect.com/science/article/pii/S2214845014000246/pdf","source":{"id":"https://openalex.org/S2764882396","display_name":"Borsa Istanbul Review","issn_l":"2214-8450","issn":["2214-8450","2214-8469"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["abdc-b","cwts-core","doaj","jufo-1","poland-70"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Borsa Istanbul Review","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.8999999761581421,"id":"https://metadata.un.org/sdg/16","display_name":"Peace, justice, and strong institutions"}],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2021832579.pdf","grobid_xml":"https://content.openalex.org/works/W2021832579.grobid-xml"},"referenced_works_count":17,"referenced_works":["https://openalex.org/W1969519191","https://openalex.org/W2016968870","https://openalex.org/W2025384544","https://openalex.org/W2032265894","https://openalex.org/W2060948512","https://openalex.org/W2096718584","https://openalex.org/W2105705131","https://openalex.org/W2106179625","https://openalex.org/W2113915439","https://openalex.org/W2133369488","https://openalex.org/W2152374725","https://openalex.org/W2506986493","https://openalex.org/W3020820502","https://openalex.org/W3021830562","https://openalex.org/W3121759882","https://openalex.org/W3124715153","https://openalex.org/W3125498085"],"related_works":["https://openalex.org/W3084291313","https://openalex.org/W4380636267","https://openalex.org/W7111864098","https://openalex.org/W2596747530","https://openalex.org/W2152374725","https://openalex.org/W4410807136","https://openalex.org/W4206560228","https://openalex.org/W7028214115","https://openalex.org/W7125196799","https://openalex.org/W7077145283"],"abstract_inverted_index":{"Many":[0],"researchers":[1],"have":[2],"shown":[3],"that":[4,87,105,142,155,196],"differences":[5,10],"in":[6,11,81,134,173,190],"legal":[7,38,60,92,110,126,160],"origin":[8],"explain":[9,73],"financial":[12,100,150,188],"development.":[13],"Using":[14],"historical":[15],"comparisons":[16],"and":[17,56,116,141,167,180,227],"cross-country":[18],"regressions":[19],"for":[20,24],"30":[21],"countries":[22,88],"observed":[23],"the":[25,42,74,122,137,145,148,183,186,197,212,215,220,231],"period":[26],"from":[27],"2005":[28],"to":[29,34,52,128,131,136,176],"2010,":[30],"this":[31,49,181],"study":[32],"tried":[33,51],"assess":[35,53],"if":[36],"different":[37,82],"origins":[39,61],"impacted":[40],"on":[41,113,163,211,230],"development":[43,77,146,184,213,232],"of":[44,76,78,124,147,185,199,204,214,222,233],"Islamic":[45,79,99,149,187,216,234],"finance.":[46],"More":[47],"particularly,":[48],"paper":[50],"empirically":[54],"why":[55],"how":[57],"Shari'a":[58,91,117,168],"Law's":[59],"adopted":[62],"wholly":[63],"or":[64,69],"partially":[65],"(combined":[66],"with":[67],"Common":[68,114],"Civil":[70,165],"Law)":[71],"could":[72],"level":[75,221],"finance":[80],"jurisdictions.":[83],"Firstly,":[84],"we":[85,103,153,194],"found":[86,104,154,195],"adopting":[89,107,157],"a":[90,95,108,158,208,225],"system":[93,111,161],"had":[94,207,224],"very":[96],"well":[97],"developed":[98],"system.":[101,218],"Secondly,":[102],"countries,":[106,156],"mixed":[109,159],"based":[112,162],"Law":[115,166],"Law,":[118,169],"were":[119,170],"characterized":[120],"by":[121],"flexibility":[123],"their":[125,132,177],"systems":[127],"make":[129],"changes":[130,175],"laws":[133,179],"response":[135],"changing":[138],"socioeconomic":[139],"conditions":[140],"these":[143,191],"helped":[144],"industry.":[151],"However,":[152],"both":[164],"less":[171],"flexible":[172],"making":[174],"old":[178],"thwarted":[182],"industry":[189],"countries.":[192],"Thirdly,":[193],"concentration":[198],"Muslim":[200,205],"population":[201],"(the":[202],"percentage":[203],"population)":[206],"positive":[209,226],"effect":[210,229],"banking":[217],"Also,":[219],"income":[223],"significant":[228],"banking.":[235]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":5},{"year":2020,"cited_by_count":7},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":6},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":2}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}