Browsing by Author Ziyaad Mahomed

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Showing results 1 to 20 of 52
  • item.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed (2021)

  • Global agendas are aggressively gearing towards climate change strategies and funding the United Nations (UN) Sustainable Development Goals (SDGs). The total investment gap for successfully achieving the 169 targets in developing countries is estimated at USD2.5 trillion per year (UNCTAD 2020). Unfortunately, limited data and challenges in data consensus have significantly inhibited monitoring bodies' ability to accurately determine how much and where it is needed. Furthermore, developing countries have been slow in developing sustainable fund structures and even slower in attracting impact investment for the SDGs (UNCTAD 2019). Impact investing is defined as "investments made with th...

  • Blockdentity_a_future_beyond_digital_identity_Ziyaad.pdf.jpg
  • Chapter in Book


  • Authors: Ishaq Muhammad Mustapha Akinlaso; Ibrahim Opeyemi Adediran; Abdoulaye Kindy Diallo; Ziyaad Mahomed (2019)

  • The last trillion-dollar industry was built on a code of 1s and 0s and the next will be built on genetic codes. Well, who knows? It's no longer unthinkable. Traditional economics had maintained that factors of production comprised of land, labour and capital. While that may still be true, it is only valid in certains ways, today; just as was the case once upon a time, when land was the raw material for the agricultural age. It only lasted for a period before the inevitable change, and iron became the new raw material for the next age the industrial age. Today, we live in the information age, where technology has taken charge and data is its raw material. More specifically, identity da...

  • Burdening_effect_of_Shariah_knowledge_and_sales_performance_in_Islamic_financial_institutions_Ziyaad.pdf.jpg
  • Journal Article


  • Authors: Shinaj Valangattil Shamsudheen; Ziyaad Mahomed (2022)

  • The purpose of this paper is to examine the burdening effect of Shariah knowledge on the sales performance of salesforce in Islamic financial institutions with special reference to gender heterogeneity. A total of 324 responses were collected from salesforce in Islamic financial institutions of Malaysia, and empirical assessment was conducted with the measures of model fit and bootstrapping techniques using partial least square multi-group analysis. Empirical findings indicate that burdening effect is evident among salesforce, and the intensity of burdening effect is relatively lesser in female salesforce compared to male salesforce. Empirical findings suggest that respective authorit...

  • classical_zakat_modelling_blockchain_ziyaad.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed (2018)

  • As the third pillar of Islam, zakat has a 1,400-year-old history in reducing inequality and redistributing wealth to at least, the deserving Qur'anic recipients (Al Qur'an, 9:60). Understood as an obligatory command, zakat appears no less than 58 times in the primary source of Islamic law, 26 times along with prayer, for instance: "So establish Salat and give Zakat, and hold fast to Allah" (Al-Qur'an 22:78). All Muslims who meet a minimum threshold of zakatable assets (nisab) are required to pay zakat annually. The oft-repeated conundrum however, is if the Zakat institution was so deeply entrenched in the Islamic law, why then do so many continue to suffer from poverty and malnutritio...

  • Communicated_ethical_identity_disclosure_CEID_of_Islamic_banks_under_the_AAOIFI_and_IFRS_acccounting_regimes_Anouar_Zulkarnain_Shamsher_Ziyaad.pdf.jpg
  • Journal Article


  • Authors: Mohamed Anouar Gadhoum; Zulkarnain Muhamad Sori; Shamsher Mohamad Ramadili Mohd; Ziyaad Mahomed (2022)

  • This paper aims to assess the ethical disclosure of Islamic banks (IBs) under different accounting regimes and to ascertain whether the adoption of an Islamic accounting standards (Auditing Organization for Islamic Financial Institutions [AAOIFI]) promotes the practice of ethical disclosure. An ethical identity disclosure index was developed to serve as a benchmark to assess the level of the communicated ethical identity disclosure (CEID) of 47 IBs over 18 countries using annual reports. The findings suggest that, overall, there is poor ethical disclosure practices and even banks that had some initiatives towards disclosures had no proper reference to benchmark for effective implement...

  • connecting_people_through_ICM.pdf.jpg
  • Academic Presentation


  • Authors: Ziyaad Mahomed (2017)

  • The slides highlight: 1) an overview of the Islamic capital market (ICM); 2) how does the ICM connect people; 3) advantages of ICM regulatory development.

  • Covid-19_and_Aramco_a_brief_analysis_Ziyaad.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed; Muawiya Mahomed (2020)

  • The year 2020 is unparalleled in historical oil prices, crashing in April to -US$38 per barrel from a low of US$18 in a matter of hours. The increasing stockpiles and inadequate storage facilities forced oil producers to pay buyers to take barrels that were not storable. Oil producers faced a perfect storm of strategic price cutting stemming from rivalry between oil giants from the Kingdom of Saudi Arabia and Russia, and a global virus that forced lockdowns to contain the pandemic. Aramco, the Kingdom's 'national' oil company and the world's largest oil producer until recently, had to manage the severe oil price shock with policy changes that caused spillover effects on the nation. Hi...

  • crypto_mania_ziyaad_shamsher.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed; Shamsher Mohamad Ramadili Mohd (2018)

  • The 17th century was witness to the Dutch Golden Age, the leading global economic power at the time. It was also the period of what was soon after referred to as 'Tulip Mania' for what is considered the first recorded speculative bubble that collapsed in 1637. Many analysts find a stark similarity between tulip mania and the dramatic rise of the cryptocurrency value in 2017. Tulip bulbs became fashionable status symbols, and although having weak fundamentals, reached exorbitant prices. Bitcoin's dramatic 1,500% increase in 2017 alone, attracted a significantly large group of speculative investors to benefit from what many see as an unhinged gamble on what has gained popularity, not on...

  • Crypto_a_contagious_disease_or_the_most_useful_system_of_trust_ever_devised_Ziyaad.pdf.jpg
  • Industry Article


  • Authors: Ziyaad Mahomed (2022)

  • Over the last century, few assets can claim a meteoric rise as cryptocurrency ('crypto') has. Crypto has taken several forms, with rapid innovation and uniquely linked value propositions, which include: a) CBDCs (Central Bank Digital Currencies that are digital versions of local currency); b) Stablecoins (that may be fiat-backed, commodity-backed or algorithm-based), c) the more well-known Exchange Coins (e.g. Bitcoin, Ethereum and Cardano), and d) tokens (security tokens that provide rights, utility tokens that can be redeemed for access to products and services and social impact tokens that provide sustainable or social impact). Except for CBDCs, other cryptocurrencies have had limi...

  • do_msme_patronage_factors_correspond_to_UAE_Islamic_banker_perceptions_shamsher.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Shinaj Valangattil Shamsudheen; Shamsher Mohamad Ramadili Mohd; Ziyaad Mahomed (2020)

  • According to UAE Ministry of Economy, the SME sector represents more than 94 per cent of the total number of companies operating in the country and provide jobs for more than 86 per cent of the private sector's workforce. There are more than 350,000 companies working at the SMEs platform, and providing over 86 percent of the private sector's total workforce. They contribute to more than 60 percent of the UAE non-oil GDP. According to the Central Bank of UAE's data, credit provided to microenterprises grew 26.3% during the period from December 2017 through March 2019.

  • Efficacy_of_Islamic_financing_for_renewable_energy_infrastructure_the_case_for_Nigeria_Ishaq Mustapha.pdf.jpg
  • PhD


  • Authors: Ishaq Muhammad Mustapha Akinlaso (2021)

  • This dissertation examined the efficacy of Islamic financing instruments in bridging the energy infrastructure investment gap in Nigeria, a fiscally-burdened, developing country. A growing energy infrastructure investment gap is an imminent concern in Nigeria, like in many developing countries, and has been precipitated by financial and economic challenges. This research sheds light on two critical problems associated with the conventional infrastructure financing instruments in PPP: a. high risk of financial distress due to high debt gearing; and b. a substantial fiscal risk that endangers fiscal sustainability. Using a case study approach, the dissertation presents the case of Niger...

  • item.jpg
  • Master


  • Authors: Imad El Fadili (2019)

  • This thesis examines the role that Islamic social finance instruments can play to support the refugee crisis and its effects, faced by the Muslim community in the Netherlands. This research is the first study that is focused on Islamic social finance for refugee empowerment and integration in the Netherlands. The study highlights the entire journey of a refugee in the Netherlands, its challenges, the role of non-profit organizations as well as the opportunities for Islamic social finance. This thesis presents the Dutch Zakat and Waqf Institute (DZWI) model as a proposal to integrate zakat and waqf into the mainstream philanthropy sector in order to empower refugees. DZWI enables the M...

  • Financial_innovation_and_riding_the_Fintech_wave_ziyaad_shamsher.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed; Shamsher Mohamad Ramadili Mohd (2016)

  • Recent success in the technology sector has witnessed the transformation of start-up companies with relatively small or no seed capital into billion-dollar companies within a very short-space of time. The application of technology in the financial sector has 'disrupted' the traditional "brick-and-mortar" style distribution channels and if not embraced would cause the current financial sector to lose a substantial (estimated between 20 to 40%) portion of their businesses to the firms using 'fintech'.

  • fintech_technology_application_financial_product_ecosystem_ziyaad_shamsher.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed; Shamsher Mohamad Ramadili Mohd (-)

  • Recent success in the technology sector has witnessed the transformation of start-up companies with relatively small or no seed capital into billion-dollar companies within a very short-space of time. From the advent of taxi-hailing apps (aka Uber, Lyft and Grabcar) to accommodation (eg. Airbnb), smartphone applications and web-based platform provide the evidence of this growing phenomena. The application of technology in the financial sector has 'disrupted' the traditional 'brick-and-mortar' style distribution channels and if not embraced, would cause the current financial sector to lose a substantial portion of their businesses (estimated between 20% to 40%) to firms using 'fintech'...

  • Fundamentals_in_Islamic_finance_Ziyaad.png.jpg
  • Book


  • Authors: Ziyaad Mahomed (2008)

  • This content of this book are cover on nine chapters, covering topics: Introduction Islamic economic & Islamic banking principles; Riba in Islam; Islamic law of contracts; Islamic banking techiques: mudaraba; Murabaha-cost plus financing; Musharaka; Ijara, ijara-wa iktina, ijara muntahia bit tamleek; Salam & parallel salam; and Istisna & parallel istisna.

  • Funding_the_refugee_crisis_Turkey_case_for_social_impact_sukuk_Ziyaad_Shamsher.pdf.jpg
  • Chapter in Book


  • Authors: Ziyaad Mahomed; Ibrahim Musa Unal; Shamsher Mohamad Ramadili Mohd (2021)

  • The 20th century has generated a gradually intensifying refugee crisis that has amplified into an ongoing social crisis, especially since the Cold War in 1989. Civil wars, the internal conflict of countries, mass famine, and many faltering economic, political, and social institutions (US Mission to UN, Global Humanitarian Emergency 1995) contributed to this intensification. The host countries that receive these refugees bear the cost of managing the refugees at the expense of the country's economy (Mandel, 1997). Consequently, when countries face an impossible task of efficient control and maintenance of the livelihood of these refugees on a sustainable basis, they will impose restric...

  • Future_insights_for_Islamic_finance_ziyaad.pdf.jpg
  • Industry Article


  • Authors: Ziyaad Mahomed (2017)

  • The global Islamic banking and finance industry has been growing consistently notwithstanding the periodic shocks and turbulence economic conditions in various parts of the world. However, looking ahead, what would ensure the growth of the industry and maintain its value proposion? We consider some of these emerging trends. Arguably, the two most significance trends in the financial service space have been the rise of advanced financial technology and the buzz on the "green economy" or sustainable financing.

  • High_time_for_Islamic_banks_to_show_they_are_indeed_value_based_intermediaries_Kinan et al.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Shinaj Valangattil Shamsudheen; Kinan Salim; Baharom Abdul Hamid; Ziyaad Mahomed; Noor Haini Akmal Abu Bakar; Wiaam Hassan (2020)

  • The novel COVID-19 pandemic has caused an unprecedented human crisis around the globe. The necessary actions implemented to contain the virus have sparked both economic and social downturn. It shows the fragility and unpreparedness of the economy to face such a pandemic. Significant weakening of economic conditions has escalated the pressure on households, businesses and financial markets. Governments all over the globe are in the process of formulating and implementing appropriate policies to continue economic activities amidst this turmoil. Financial institutions are obligated to respond towards the policies adopted by respective governments.

  • chapter_4_islamic_banking_business_of_conventional_banks_Shamsher_Ziyaad_Nazrol.jpg.jpg
  • Chapter in Book


  • Authors: Shamsher Mohamad Ramadili Mohd; Ziyaad Mahomed; Nazrol Kamil Mustaffa Kamil (2017)

  • Globally, Islamic banking grew by a compound annual growth rate of 17.3 percent between 2009 and 2014. The estimated size of the industry at the end of 2014 was given at US$2.1 trillion. This total follar value of assets held by the Islamic financial institutions is less than 2 percent of the conventional banking industry; nonetheless, this is a huge achievement, considering it started from a zero base in the 1970s (Ernst & Young, 2013). Through the rate of growth has declined in recent years, the industry has nevertheless managed to grow by more than 15 percent even during the 2009 global crisis, whereas the overall banking assets remained static and economic growth in almost all cou...

Browsing by Author Ziyaad Mahomed

Jump to: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
or enter first few letters:  
Showing results 1 to 20 of 52
  • item.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed (2021)

  • Global agendas are aggressively gearing towards climate change strategies and funding the United Nations (UN) Sustainable Development Goals (SDGs). The total investment gap for successfully achieving the 169 targets in developing countries is estimated at USD2.5 trillion per year (UNCTAD 2020). Unfortunately, limited data and challenges in data consensus have significantly inhibited monitoring bodies' ability to accurately determine how much and where it is needed. Furthermore, developing countries have been slow in developing sustainable fund structures and even slower in attracting impact investment for the SDGs (UNCTAD 2019). Impact investing is defined as "investments made with th...

  • Blockdentity_a_future_beyond_digital_identity_Ziyaad.pdf.jpg
  • Chapter in Book


  • Authors: Ishaq Muhammad Mustapha Akinlaso; Ibrahim Opeyemi Adediran; Abdoulaye Kindy Diallo; Ziyaad Mahomed (2019)

  • The last trillion-dollar industry was built on a code of 1s and 0s and the next will be built on genetic codes. Well, who knows? It's no longer unthinkable. Traditional economics had maintained that factors of production comprised of land, labour and capital. While that may still be true, it is only valid in certains ways, today; just as was the case once upon a time, when land was the raw material for the agricultural age. It only lasted for a period before the inevitable change, and iron became the new raw material for the next age the industrial age. Today, we live in the information age, where technology has taken charge and data is its raw material. More specifically, identity da...

  • Burdening_effect_of_Shariah_knowledge_and_sales_performance_in_Islamic_financial_institutions_Ziyaad.pdf.jpg
  • Journal Article


  • Authors: Shinaj Valangattil Shamsudheen; Ziyaad Mahomed (2022)

  • The purpose of this paper is to examine the burdening effect of Shariah knowledge on the sales performance of salesforce in Islamic financial institutions with special reference to gender heterogeneity. A total of 324 responses were collected from salesforce in Islamic financial institutions of Malaysia, and empirical assessment was conducted with the measures of model fit and bootstrapping techniques using partial least square multi-group analysis. Empirical findings indicate that burdening effect is evident among salesforce, and the intensity of burdening effect is relatively lesser in female salesforce compared to male salesforce. Empirical findings suggest that respective authorit...

  • classical_zakat_modelling_blockchain_ziyaad.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed (2018)

  • As the third pillar of Islam, zakat has a 1,400-year-old history in reducing inequality and redistributing wealth to at least, the deserving Qur'anic recipients (Al Qur'an, 9:60). Understood as an obligatory command, zakat appears no less than 58 times in the primary source of Islamic law, 26 times along with prayer, for instance: "So establish Salat and give Zakat, and hold fast to Allah" (Al-Qur'an 22:78). All Muslims who meet a minimum threshold of zakatable assets (nisab) are required to pay zakat annually. The oft-repeated conundrum however, is if the Zakat institution was so deeply entrenched in the Islamic law, why then do so many continue to suffer from poverty and malnutritio...

  • Communicated_ethical_identity_disclosure_CEID_of_Islamic_banks_under_the_AAOIFI_and_IFRS_acccounting_regimes_Anouar_Zulkarnain_Shamsher_Ziyaad.pdf.jpg
  • Journal Article


  • Authors: Mohamed Anouar Gadhoum; Zulkarnain Muhamad Sori; Shamsher Mohamad Ramadili Mohd; Ziyaad Mahomed (2022)

  • This paper aims to assess the ethical disclosure of Islamic banks (IBs) under different accounting regimes and to ascertain whether the adoption of an Islamic accounting standards (Auditing Organization for Islamic Financial Institutions [AAOIFI]) promotes the practice of ethical disclosure. An ethical identity disclosure index was developed to serve as a benchmark to assess the level of the communicated ethical identity disclosure (CEID) of 47 IBs over 18 countries using annual reports. The findings suggest that, overall, there is poor ethical disclosure practices and even banks that had some initiatives towards disclosures had no proper reference to benchmark for effective implement...

  • connecting_people_through_ICM.pdf.jpg
  • Academic Presentation


  • Authors: Ziyaad Mahomed (2017)

  • The slides highlight: 1) an overview of the Islamic capital market (ICM); 2) how does the ICM connect people; 3) advantages of ICM regulatory development.

  • Covid-19_and_Aramco_a_brief_analysis_Ziyaad.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed; Muawiya Mahomed (2020)

  • The year 2020 is unparalleled in historical oil prices, crashing in April to -US$38 per barrel from a low of US$18 in a matter of hours. The increasing stockpiles and inadequate storage facilities forced oil producers to pay buyers to take barrels that were not storable. Oil producers faced a perfect storm of strategic price cutting stemming from rivalry between oil giants from the Kingdom of Saudi Arabia and Russia, and a global virus that forced lockdowns to contain the pandemic. Aramco, the Kingdom's 'national' oil company and the world's largest oil producer until recently, had to manage the severe oil price shock with policy changes that caused spillover effects on the nation. Hi...

  • crypto_mania_ziyaad_shamsher.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed; Shamsher Mohamad Ramadili Mohd (2018)

  • The 17th century was witness to the Dutch Golden Age, the leading global economic power at the time. It was also the period of what was soon after referred to as 'Tulip Mania' for what is considered the first recorded speculative bubble that collapsed in 1637. Many analysts find a stark similarity between tulip mania and the dramatic rise of the cryptocurrency value in 2017. Tulip bulbs became fashionable status symbols, and although having weak fundamentals, reached exorbitant prices. Bitcoin's dramatic 1,500% increase in 2017 alone, attracted a significantly large group of speculative investors to benefit from what many see as an unhinged gamble on what has gained popularity, not on...

  • Crypto_a_contagious_disease_or_the_most_useful_system_of_trust_ever_devised_Ziyaad.pdf.jpg
  • Industry Article


  • Authors: Ziyaad Mahomed (2022)

  • Over the last century, few assets can claim a meteoric rise as cryptocurrency ('crypto') has. Crypto has taken several forms, with rapid innovation and uniquely linked value propositions, which include: a) CBDCs (Central Bank Digital Currencies that are digital versions of local currency); b) Stablecoins (that may be fiat-backed, commodity-backed or algorithm-based), c) the more well-known Exchange Coins (e.g. Bitcoin, Ethereum and Cardano), and d) tokens (security tokens that provide rights, utility tokens that can be redeemed for access to products and services and social impact tokens that provide sustainable or social impact). Except for CBDCs, other cryptocurrencies have had limi...

  • do_msme_patronage_factors_correspond_to_UAE_Islamic_banker_perceptions_shamsher.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Shinaj Valangattil Shamsudheen; Shamsher Mohamad Ramadili Mohd; Ziyaad Mahomed (2020)

  • According to UAE Ministry of Economy, the SME sector represents more than 94 per cent of the total number of companies operating in the country and provide jobs for more than 86 per cent of the private sector's workforce. There are more than 350,000 companies working at the SMEs platform, and providing over 86 percent of the private sector's total workforce. They contribute to more than 60 percent of the UAE non-oil GDP. According to the Central Bank of UAE's data, credit provided to microenterprises grew 26.3% during the period from December 2017 through March 2019.

  • Efficacy_of_Islamic_financing_for_renewable_energy_infrastructure_the_case_for_Nigeria_Ishaq Mustapha.pdf.jpg
  • PhD


  • Authors: Ishaq Muhammad Mustapha Akinlaso (2021)

  • This dissertation examined the efficacy of Islamic financing instruments in bridging the energy infrastructure investment gap in Nigeria, a fiscally-burdened, developing country. A growing energy infrastructure investment gap is an imminent concern in Nigeria, like in many developing countries, and has been precipitated by financial and economic challenges. This research sheds light on two critical problems associated with the conventional infrastructure financing instruments in PPP: a. high risk of financial distress due to high debt gearing; and b. a substantial fiscal risk that endangers fiscal sustainability. Using a case study approach, the dissertation presents the case of Niger...

  • item.jpg
  • Master


  • Authors: Imad El Fadili (2019)

  • This thesis examines the role that Islamic social finance instruments can play to support the refugee crisis and its effects, faced by the Muslim community in the Netherlands. This research is the first study that is focused on Islamic social finance for refugee empowerment and integration in the Netherlands. The study highlights the entire journey of a refugee in the Netherlands, its challenges, the role of non-profit organizations as well as the opportunities for Islamic social finance. This thesis presents the Dutch Zakat and Waqf Institute (DZWI) model as a proposal to integrate zakat and waqf into the mainstream philanthropy sector in order to empower refugees. DZWI enables the M...

  • Financial_innovation_and_riding_the_Fintech_wave_ziyaad_shamsher.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed; Shamsher Mohamad Ramadili Mohd (2016)

  • Recent success in the technology sector has witnessed the transformation of start-up companies with relatively small or no seed capital into billion-dollar companies within a very short-space of time. The application of technology in the financial sector has 'disrupted' the traditional "brick-and-mortar" style distribution channels and if not embraced would cause the current financial sector to lose a substantial (estimated between 20 to 40%) portion of their businesses to the firms using 'fintech'.

  • fintech_technology_application_financial_product_ecosystem_ziyaad_shamsher.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Ziyaad Mahomed; Shamsher Mohamad Ramadili Mohd (-)

  • Recent success in the technology sector has witnessed the transformation of start-up companies with relatively small or no seed capital into billion-dollar companies within a very short-space of time. From the advent of taxi-hailing apps (aka Uber, Lyft and Grabcar) to accommodation (eg. Airbnb), smartphone applications and web-based platform provide the evidence of this growing phenomena. The application of technology in the financial sector has 'disrupted' the traditional 'brick-and-mortar' style distribution channels and if not embraced, would cause the current financial sector to lose a substantial portion of their businesses (estimated between 20% to 40%) to firms using 'fintech'...

  • Fundamentals_in_Islamic_finance_Ziyaad.png.jpg
  • Book


  • Authors: Ziyaad Mahomed (2008)

  • This content of this book are cover on nine chapters, covering topics: Introduction Islamic economic & Islamic banking principles; Riba in Islam; Islamic law of contracts; Islamic banking techiques: mudaraba; Murabaha-cost plus financing; Musharaka; Ijara, ijara-wa iktina, ijara muntahia bit tamleek; Salam & parallel salam; and Istisna & parallel istisna.

  • Funding_the_refugee_crisis_Turkey_case_for_social_impact_sukuk_Ziyaad_Shamsher.pdf.jpg
  • Chapter in Book


  • Authors: Ziyaad Mahomed; Ibrahim Musa Unal; Shamsher Mohamad Ramadili Mohd (2021)

  • The 20th century has generated a gradually intensifying refugee crisis that has amplified into an ongoing social crisis, especially since the Cold War in 1989. Civil wars, the internal conflict of countries, mass famine, and many faltering economic, political, and social institutions (US Mission to UN, Global Humanitarian Emergency 1995) contributed to this intensification. The host countries that receive these refugees bear the cost of managing the refugees at the expense of the country's economy (Mandel, 1997). Consequently, when countries face an impossible task of efficient control and maintenance of the livelihood of these refugees on a sustainable basis, they will impose restric...

  • Future_insights_for_Islamic_finance_ziyaad.pdf.jpg
  • Industry Article


  • Authors: Ziyaad Mahomed (2017)

  • The global Islamic banking and finance industry has been growing consistently notwithstanding the periodic shocks and turbulence economic conditions in various parts of the world. However, looking ahead, what would ensure the growth of the industry and maintain its value proposion? We consider some of these emerging trends. Arguably, the two most significance trends in the financial service space have been the rise of advanced financial technology and the buzz on the "green economy" or sustainable financing.

  • High_time_for_Islamic_banks_to_show_they_are_indeed_value_based_intermediaries_Kinan et al.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Shinaj Valangattil Shamsudheen; Kinan Salim; Baharom Abdul Hamid; Ziyaad Mahomed; Noor Haini Akmal Abu Bakar; Wiaam Hassan (2020)

  • The novel COVID-19 pandemic has caused an unprecedented human crisis around the globe. The necessary actions implemented to contain the virus have sparked both economic and social downturn. It shows the fragility and unpreparedness of the economy to face such a pandemic. Significant weakening of economic conditions has escalated the pressure on households, businesses and financial markets. Governments all over the globe are in the process of formulating and implementing appropriate policies to continue economic activities amidst this turmoil. Financial institutions are obligated to respond towards the policies adopted by respective governments.

  • chapter_4_islamic_banking_business_of_conventional_banks_Shamsher_Ziyaad_Nazrol.jpg.jpg
  • Chapter in Book


  • Authors: Shamsher Mohamad Ramadili Mohd; Ziyaad Mahomed; Nazrol Kamil Mustaffa Kamil (2017)

  • Globally, Islamic banking grew by a compound annual growth rate of 17.3 percent between 2009 and 2014. The estimated size of the industry at the end of 2014 was given at US$2.1 trillion. This total follar value of assets held by the Islamic financial institutions is less than 2 percent of the conventional banking industry; nonetheless, this is a huge achievement, considering it started from a zero base in the 1970s (Ernst & Young, 2013). Through the rate of growth has declined in recent years, the industry has nevertheless managed to grow by more than 15 percent even during the 2009 global crisis, whereas the overall banking assets remained static and economic growth in almost all cou...