Publication:
Intellectual property and Islamic finance policy framework: opportunities and challenges for a new Islamic intellectual property finance framework
Abstract
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 frame work, 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.
Keywords
Intellectual property (IP) , Islamic finance , Islamic intellectual property
Citation
Naim, N., & Kasri, N. S. (2025). Intellectual property and Islamic finance policy framework: Opportunities and challenges for a new Islamic intellectual property finance framework. Thunderbird International Business Review, 67(3), 395-412. https://doi.org/10.1002/tie.22430
Publisher
Wiley Periodicals LLC
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