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The remarkable worldwide development of the Islamic finance industry and Islamic capital market has resulted in industry players demanding that Islamic banks be rated. Ratings will help them to assess whether a firm is utilizing the funds entrusted to it with due care, by providing indications of good performance so that informed decisions can be made. Since Islamic finance is recognized as being fundamentally different from conventional finance, a rating methodology is needed; one that can capture the unique dimensions of Islamic banks, in particular Shariah (Islamic law) risk. Therefore, this study will examine to what extent credit rating agencies, in particular standard and poor's, Fitch and Moody's differ in evaluating the creditworthiness of conventional and Islamic banks. Owing to Islamic banks' operations needing to comply with Shariah law, this study will further investigate the way to assess Shariah compliance from the perspective of Shariah scholars and practitioners. The research on ratings not only helps boost investor confidence in the Islamic finance industry, but also leads to a better understanding of the concept. This is despite the different methods adopted by the agencies concerned.

Entrepreneurs play an important role in sustaining rural tourism and formulation of sustainable strategies being the initiators of the tourism business and the engine of the local development. Therefore, it is necessary to stimulate the development of entrepreneurial activities for the recovery of rural tourism potential and regional traditions, maintaining local employment growth and increase living standards in line with identifies needs and priorities of regional human resources development. This article aims to discuss the involvement of local communities in development of rural tourism entrepreneurship as well as addressing the issue of entrepreneurship in rural tourism.

The competitiveness of urban landscapes is a subject of growing attention as cities strive to become the best places to support enterprises, economic development, and high-quality living while preserving environmental resources. In evaluations of urban competitiveness, financial factors are frequently emphasized. In this systematic study for the future sustainable urban landscape (SUL), we use the instance of Penang Island, Malaysia, to present an integrated methodology for finding, evaluating, and validating good indicators for developing an urban landscape index that balances economic, sociocultural, and environmental factors. First, we provide a framework for developing such an index by developing a Delphi Analytical Hierarchy Process (DAHP) model that aids in choosing the most important aspects and sub criteria affecting the sustainability of urban landscapes. Then, under the Sustainable Development Goals (SDG), we demonstrate how to use these data to assess the competitiveness of various zones on Penang Island, namely Bayan Lepas and George Town. According to the quantitative results of the DAHP model, economic criteria, which were given a weight of 0.595 and a corresponding inconsistency (CI) of 0.04, had a greater influence on Penang Island’s urban landscape than environmental criteria, which were given a weight of 0.276 and a CI of 0.02, and social and cultural criteria, which were given a weight of 0.128 and a CI of 0.08. In terms of economic criteria, Zone 1 has a weight of 0.360, which indicates that it has less sway than Zone 2, which has a weight of 0.636. In the discussion, we highlight the essential elements of the methodology to assess the competitiveness of urban environments.

Abstract. The tourism industry is seen as capable of being an agent of change in the landscape of economic, social and environment of a tourist destination. Tourism activity has also generated employment and entrepreneurship opportunities to the local community as well as using available resources as tourist attractions. The tourism sector has the potential to be a catalyst for the development of entrepreneurship and small business performance. Through the development of tourism, the rural community has the opportunity to offer services or sell products to the both local and foreign tourists. To fulfill this purpose, local community participation in entrepreneurship is very important in order to develope the economic potential and to determine the direction of a development in rural areas. In the context of entrepreneurship, local participation is important not only as an entrepreneur and labor in this sector as well as complementary sectors of the others, but they can serve to encourage the involvement of other residents to join together to develop this entrepreneurial. This article aims to discuss the extent of entrepreneurship as a catalyst to the development of tourism in rural areas. Through active participation among community members, rural entrepreneurship will hopefully move towards prosperity and success of rural development.