Work

Intellectual Property and Islamic Finance Policy Framework: Opportunities and Challenges for a New Islamic Intellectual Property Finance Framework

Year: 2025

Type: article

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 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.

Source: Aston Publications Explorer (Aston University)

Authors: Naim, Nadia, Kasri, Noor Suhaida

Institution: Aston University

Language: English

Topic: Islamic Finance and Banking Studies

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Peace, justice, and strong institutions, Industry, innovation and infrastructure

Open Access status: green

Funder: UK Research and Innovation

OpenAlex ID: W6982586278