TY - JOUR
T1 - Intellectual Property and Islamic Finance Policy Framework: Opportunities and Challenges for a New Islamic Intellectual Property Finance Framework
AU - Naim, Nadia
AU - Kasri, Noor Suhaida
N1 - Copyright © 2025 The Author(s). Thunderbird International Business Review published by Wiley Periodicals LLC. This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited.
PY - 2025/1/12
Y1 - 2025/1/12
N2 - This paper explores the intersection of Intellectual Property (IP) and Islamic finance, proposing a policy framework to integrate IP valuation into Sharia-compliant financing. Focusing on the UK, it also extends to global markets, including ASEAN, GCC, and MENA regions. The paper identifies gaps in current practices, particularly in incorporating IP assets into Islamic financial products, highlighting untapped market potential. It emphasizes the need for regulatory compliance, Sharia board approvals, and robust audit mechanisms to ensure ethical integration. Key recommendations include developing a comprehensive IP framework, fostering international collaboration, and capacity building through education. The framework aims to align economic growth with ethical financing, enhancing transparency and the robustness of Islamic IP financing globally.
AB - This paper explores the intersection of Intellectual Property (IP) and Islamic finance, proposing a policy framework to integrate IP valuation into Sharia-compliant financing. Focusing on the UK, it also extends to global markets, including ASEAN, GCC, and MENA regions. The paper identifies gaps in current practices, particularly in incorporating IP assets into Islamic financial products, highlighting untapped market potential. It emphasizes the need for regulatory compliance, Sharia board approvals, and robust audit mechanisms to ensure ethical integration. Key recommendations include developing a comprehensive IP framework, fostering international collaboration, and capacity building through education. The framework aims to align economic growth with ethical financing, enhancing transparency and the robustness of Islamic IP financing globally.
UR - https://onlinelibrary.wiley.com/doi/10.1002/tie.22430
UR - http://www.scopus.com/inward/record.url?scp=85214829554&partnerID=8YFLogxK
U2 - 10.1002/tie.22430
DO - 10.1002/tie.22430
M3 - Article
SN - 1096-4762
JO - Thunderbird International Business Review
JF - Thunderbird International Business Review
ER -