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Mehmet Asutay

Biographic Data

ID4448885
NAMEMehmet Asutay
GIVEN NAMESMehmet
FAMILY NAMEAsutay
SIGNATUREASUTAY M
AFFILIATIONSDurham University
ORCID0000-0003-4939-6053
VERIFIEDYes
TOTAL WORKS8
TOTAL CITATIONS2
AUTHOR COUNT8
EDITOR COUNT0
FIRST PUBLICATION YEAR2022
LATEST PUBLICATION YEAR2025
H-INDEX1
  • Aligning Sustainable Finance and Fintech to Promote an Integrated Approach to Refugee Finance

    Open Access•Dalal Aassouli, Atieh Hajian et al.•ARTICLE•Global Policy•2025

    The paper aims to assess the global landscape of refugee finance with an overview of global refugee‐related financing mechanisms and instruments. Despite the growing refugee population worldwide, most refugee financing mechanisms are characterized by their post hoc, grant‐based, small‐scale, short‐term, and unpredictable nature. This study will analyze the quantum of refugee finance supplied by different donors and intermediary types, the instrum…

  • Islamic Moral Economy: Bringing Back Substantive Morality to Humanise Islamic Finance

    Open Access•Mehmet Asutay•ARTICLE•Global Policy•2025

    The theoretical foundation of Islamic finance is constituted by the Islamic moral political economy, which aims to provide resource accessibility within the permissibility of Islam to all stakeholders. The complementarity and unitarity nature of the Islamic cognitive system essentialises the interest of all the stakeholders in economic and financial decision‐making to rescue humans, the environment and land/water. In this privilege‐based understa…

  • Overcoming the Invisible Ceiling for the Empowerment of Refugees and Immigrants Through Islamic Finance

    Open Access•Mehmet Asutay, Alija Avdukic et al.•ARTICLE•Global Policy•2025

    The 21st century has been marked by continuous political, economic and financial crises on a global, regional and national scale, leading to an unprecedented movement of people in the form of refugees and immigrants. The global refugee crisis has reached unprecedented levels, with millions of people displaced due to conflicts, persecution and natural disasters. Access to adequate finance is critical for refugees, as it significantly impacts their…

  • Higher Objectives of Islamic Law ( Maqāṣid al‐Sharīʿa ) in Substantiating Justice in Land Tax

    Open Access•Öznur Özdemir, Mehmet Asutay•ARTICLE•The Muslim World•2025•References: 1

    This article discusses the relationship between the systemization of kharāj (land tax) and the higher objective of Islamic law or Maqāṣid al‐Sharīʿa . After the conquest of Sawād region (located in modern‐day southern Iraq), the First Caliph ʿUmar (634 ‐ 644 CE) introduced a new approach to the distribution of ghanīmah (spoils of war), leaving the lands to their pre‐conquest owners but demanding the payment of taxes for redistribution among commu…

  • The quest for sustainable mosques: A paradigm shift with the quadruple bottom line framework

    Open Access•Mohd Hazwan Hamidi, Gunaro Setiawan et al.•ARTICLE•Sustainable Futures•2025•References: 9

    There are over 3.6 million mosques worldwide, and the Muslim population is projected to reach 2.76 billion by 2050. However, significant gaps persist in understanding how mosques contribute to sustainable development and how this benefits the mosque as an organization.This study investigates the sustainability performance of mosques, which are faith-based organizations, using the Quadruple Bottom Line (QBL) framework: Prosperity, People, Planet, …

  • Financialisation of Islamic finance: A Polanyian approach on the hegemony of market logic over Islamic Logic

    Open Access•Mehmet Asutay, Isa Yilmaz•ARTICLE•New Political Economy•2024•Cited by: 2•References: 11

  • Religiosity and Charitable Giving on Investors’ Trading Behaviour in the Indonesian Islamic Stock Market: Islamic vs Market Logic

    Open Access•Mehmet Asutay, Primandanu Febriyan Aziz et al.•ARTICLE•Journal of Business Ethics•2023

    This study examines retail investors’ trading behaviour and its determinants in the Indonesian Shari’ah stock market by mainly focusing on the religious practice-related factors in the form of sadaqah or charitable giving on individual investors’ trading behaviour. Contextually, the Islamic moral economy (IME) assumes a direct relationship between religiosity and sadaqah giving due to the falah (salvation) oriented individual objective function, …

  • The Impact of Islamic Spirituality on Job Satisfaction and Organisational Commitment: Exploring Mediation and Moderation Impact

    Open Access•Mehmet Asutay, Greget Kalla Buana et al.•ARTICLE•Journal of Business Ethics•2022

    Research into spirituality and its impact on the work environment has been bourgeoning. In an attempt to explore the role of Islamic spirituality in the workplace, this study examines the influence of Islamic spirituality on job satisfaction and organisational commitment through work ethics. Data are obtained by an online Likert-scaled questionnaire survey based on one thousand Muslim employees from various economic sectors in Indonesia and analy…

  • Financialisation of Islamic finance: A Polanyian approach on the hegemony of market logic over Islamic Logic

    Open Access•Mehmet Asutay, Isa Yilmaz•ARTICLE•New Political Economy•2024•Cited by: 2•References: 11

  • The Impact of Islamic Spirituality on Job Satisfaction and Organisational Commitment: Exploring Mediation and Moderation Impact

    Open Access•Mehmet Asutay, Greget Kalla Buana et al.•ARTICLE•Journal of Business Ethics•2022

    Research into spirituality and its impact on the work environment has been bourgeoning. In an attempt to explore the role of Islamic spirituality in the workplace, this study examines the influence of Islamic spirituality on job satisfaction and organisational commitment through work ethics. Data are obtained by an online Likert-scaled questionnaire survey based on one thousand Muslim employees from various economic sectors in Indonesia and analy…

  • Religiosity and Charitable Giving on Investors’ Trading Behaviour in the Indonesian Islamic Stock Market: Islamic vs Market Logic

    Open Access•Mehmet Asutay, Primandanu Febriyan Aziz et al.•ARTICLE•Journal of Business Ethics•2023

    This study examines retail investors’ trading behaviour and its determinants in the Indonesian Shari’ah stock market by mainly focusing on the religious practice-related factors in the form of sadaqah or charitable giving on individual investors’ trading behaviour. Contextually, the Islamic moral economy (IME) assumes a direct relationship between religiosity and sadaqah giving due to the falah (salvation) oriented individual objective function, …

  • Financialisation of Islamic finance: A Polanyian approach on the hegemony of market logic over Islamic Logic

    Open Access•Mehmet Asutay, Isa Yilmaz•ARTICLE•New Political Economy•2024•Cited by: 2•References: 11

  • Aligning Sustainable Finance and Fintech to Promote an Integrated Approach to Refugee Finance

    Open Access•Dalal Aassouli, Atieh Hajian et al.•ARTICLE•Global Policy•2025

    The paper aims to assess the global landscape of refugee finance with an overview of global refugee‐related financing mechanisms and instruments. Despite the growing refugee population worldwide, most refugee financing mechanisms are characterized by their post hoc, grant‐based, small‐scale, short‐term, and unpredictable nature. This study will analyze the quantum of refugee finance supplied by different donors and intermediary types, the instrum…

  • Islamic Moral Economy: Bringing Back Substantive Morality to Humanise Islamic Finance

    Open Access•Mehmet Asutay•ARTICLE•Global Policy•2025

    The theoretical foundation of Islamic finance is constituted by the Islamic moral political economy, which aims to provide resource accessibility within the permissibility of Islam to all stakeholders. The complementarity and unitarity nature of the Islamic cognitive system essentialises the interest of all the stakeholders in economic and financial decision‐making to rescue humans, the environment and land/water. In this privilege‐based understa…

  • Overcoming the Invisible Ceiling for the Empowerment of Refugees and Immigrants Through Islamic Finance

    Open Access•Mehmet Asutay, Alija Avdukic et al.•ARTICLE•Global Policy•2025

    The 21st century has been marked by continuous political, economic and financial crises on a global, regional and national scale, leading to an unprecedented movement of people in the form of refugees and immigrants. The global refugee crisis has reached unprecedented levels, with millions of people displaced due to conflicts, persecution and natural disasters. Access to adequate finance is critical for refugees, as it significantly impacts their…

  • Higher Objectives of Islamic Law ( Maqāṣid al‐Sharīʿa ) in Substantiating Justice in Land Tax

    Open Access•Öznur Özdemir, Mehmet Asutay•ARTICLE•The Muslim World•2025•References: 1

    This article discusses the relationship between the systemization of kharāj (land tax) and the higher objective of Islamic law or Maqāṣid al‐Sharīʿa . After the conquest of Sawād region (located in modern‐day southern Iraq), the First Caliph ʿUmar (634 ‐ 644 CE) introduced a new approach to the distribution of ghanīmah (spoils of war), leaving the lands to their pre‐conquest owners but demanding the payment of taxes for redistribution among commu…

  • The quest for sustainable mosques: A paradigm shift with the quadruple bottom line framework

    Open Access•Mohd Hazwan Hamidi, Gunaro Setiawan et al.•ARTICLE•Sustainable Futures•2025•References: 9

    There are over 3.6 million mosques worldwide, and the Muslim population is projected to reach 2.76 billion by 2050. However, significant gaps persist in understanding how mosques contribute to sustainable development and how this benefits the mosque as an organization.This study investigates the sustainability performance of mosques, which are faith-based organizations, using the Quadruple Bottom Line (QBL) framework: Prosperity, People, Planet, …

Islamic Finance and Banking Studies (8 works) · Islam (6 works) · Political science (6 works) · Law (4 works) · Microfinance and Financial Inclusion (4 works) · Business (3 works) · Economics (3 works) · Religion, Society, and Development (3 works) · Theology (3 works) · Business ethics (2 works)

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