Journal Article

Issues in Islamic equities: a literature survey

Mohammed Masih, Abul Mansur; Mustaffa Kamil, Nazrol Kamil; Bacha, Obiyathulla Ismath (2018)

This article reviews the current literature on Islamic equities. Our survey indicates that the bulk of articles is quantitative or empirical in nature, with a notable dearth of theoretical works. Among the common research themes explored by these articles are comparative performances of Islamic equities...

Journal Article

Bank lending, deposits and risk-taking in times of crisis: a panel analysis of Islamic and conventional banks

Ibrahim, Mansor H.; Rizvi, Syed Aun Raza (2018)

In this study, we conduct a panel analysis of Islamic and conventional banks to ascertain whether Islamic banks are able to sustain financing supply and whether its growth is higher than conventional bank lending growth in times of stress. For concreteness, we also assess whether the sustained financing...

Journal Article

Unraveling the financial contagion in European stock markets during financial crisis: multi-timescale analysis

Dewandaru, Ginanjar; Masih, Rumi; Mohammed Masih, Abul Mansur (2018)

The article investigates the evidence of financial contagion and market integration in selected European equity markets during nine major crises across regions. The focus is to identify whether (i) contagion evidence is pure or fundamental and (ii) dynamic evolution of integration is in the short run...

Journal Article

Exploring portfolio diversification opportunities through venture capital financing: evidence from MGARCH-DCC, markov switching, and wavelet approaches

Jaffar, Yusuf; Dewandaru, Ginanjar; Mohammed Masih, Abul Mansur (2018)

Islamic financial institutions are being pressured by critics to offer profit and loss sharing (PLS) financing such as, venture capital financing, for the purpose of entrepreneurial development aligned to the principle of equity risk sharing. Our study aims to link PLS investments with portfolio optimization...