Journal Article

A comparative study of hajj fund management institutions in Malaysia, Indonesia and Maldives

Muneeza, Aisha; Tamby Sudeen, Amira Shuhada; Nasution, Atiqoh; Nurmalasari, Ratih (2018)

Performing hajj is one of the five pillars of Islam which may become compulsory for a Muslim who has financial ability to perform this ibadah at least once in his lifetime. To facilitate Muslims to fulfil this religious obligation, countries which have majority Muslim population like Malaysia, Indonesia...

Journal Article

Analysis of commodity reserve currency system from Siyasah Shariyyah perspective

Ahmed, Jameel; Mydin Meera, Ahamed Kameel; Saleem, Muhammad Yusuf; Collins, Patrick (2018)

This paper aims to apply the doctrine of siyasah shariyyah to a policy proposal in the area of monetary economics, namely, the Grondona system of conditional currency convertibility, which has been proposed as a practical means of resisting the economic instability caused by the present-day fiat money...

Journal Article

The impact of human development on natural disaster fatalities and damage: panel data evidence

Padli, Jaharudin; Habibullah, Muzafar Shah; Abdul Hamid, Baharom (2018)

Countries with high levels of human development should be able to reduce the impact of natural disasters in terms of the total numbers of people killed and affected, and damage. In this study we investigate the impact of human development indicators such as income per capita and human capital (education...

Journal Article

Finance and inequality in eight Asian countries: does size matter

Ibrahim, Mansor H. (2018)

The present paper seeks to assess the implications of increasing financial sector size on income inequality in eight Asian countries - Hong Kong, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, and South Korea. Adopting a panel data approach, it document a non-linear relation between income...