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Showing results 1 to 10 of 989
  • 270317 - ISLAMIC FINANCE, DEVELOPMENT & GROWTH.pdf.jpg
  • Academic Presentation


  • Alhabshi, Syed Othman (2017-03-27)

  • The slides "Islamic finance in Malaysia: development and growth" presented by Prof. Datuk Dr. Syed Othman Alhabshi to the Delegates from Ministry of Finance, Ghana, at INCEIF.

  • 2017_feb_11_towards_a_comprehensive_development_of_IF_for_Tehran_alhabshi.pdf.jpg
  • Keynote & Speech


  • Alhabshi, Syed Othman (2017-03-11)

  • Islamic Finance which is an offshoot of Islamic economics has seen a more aggressive development than its parent in the last five decades. Islamic economics itself has been quite stagnant given the enthusiasm in building institutions such as banks, takaful companies, capital markets, and structuring products based on the Islamic contracts for such institutions. Many countries have joined the bandwagon to significant level of success, measured in terms of asset size, revenue, profitability, market share, etc. Whilst Islamic economics has still not completely departed from its conventional counterpart both theoretically and empirically, Islamic finance seem to suffer similar fate mimicking its conventional institutions and products at the risk of being considered unIslamic. Although many ...

  • sudan_academy_banking_financial_sciences_vision_hub_Islamic_finance_africa_magda.pdf.jpg
  • Journal Article


  • Ismail Abdel Mohsin, Magda; Khattab, Ishraga; Alchaar, Mhd Osama (2017)

  • The practice of Islamic banking has become a fast growing and widespread phenomenon, not only in the Muslim countries, but also in the Non-Muslim countries too, such as UK, USA, Canada and Singapore. The transformation from a conventional form of banking to a banking system based on interest-free banks has generated a great deal of interest to call for Human Capital Development in the field to ensure sustainability, good performance and good competitive market in the Islamic financial industry. Even though Sudan is the pioneer in taking the initiative of Islamizing its financial industry since 1980s, yet we realized that other countries are taking the leading international and regional hub of Islamic finance such as Malaysia in the Asian region and UK in European countries, and recently...

  • item.jpg
  • Book


  • Abdul Hamid, Baharom; Ibrahim, Mansor H.; Kamarudin, Sazalina (2017)

  • This publication highlights the vast untapped potentials of Islamic finance if unleashed could help meet the massive demand for long-term financing for infrastructure development, promote financial inclusion and spur economic development. Most importantly, the publication underscores the challenges facing Islamic finance in the midst of the era of the new normal - the uncertainties in global economic outlook, accelerated technological changes stimulating expansion of new financial instruments and products, and rising regulatory demands.

  • poverty_alleviation_via_microfinance_using_concept_mudharabah_aishath.pdf.jpg
  • Journal Article


  • Abdul Manap, Sarah Hanna; Siththi, Fareeda; Long, She; Muneeza, Aishath (2017)

  • Poverty has been a long outstanding crisis at global scale and poverty alleviation has become one of the primary national developmental agendas. Conventional microfinance programmes have received growing attentions due to its capability to improve standard of living and social inclusiveness. Arguably, however, these conventional microcredit programmes do not effectively alleviate poverty as the borrowers remain into an interest-base debt cycle which may worsen the financial burdens. Meanwhile, Islamic microfinance by way of Mudharabah financing is equity based financing structure which is perceived to have a fair borrower-lender agreement. It promotes an effective wealth redistributive mechanism to reach the poor, to encourage their participation in productive real economic sectors. Thi...

  • do_we_need_bigger_islamic_banks_assessment_bank_stability_mansoribrahim_syedaun.pdf.jpg
  • Journal Article


  • Ibrahim, Mansor H.; Rizvi, Syed Aun R. (2017)

  • In this paper, we evaluate from the stability point of view whether Islamic banks shouldstay small or should be bigger. More specifically, in relating bank stability to bank size, weexamine potential non-linear effects of size on bank soundness and the roles regulationplays in strengthening or weakening the size-stability relation using a panel sample of45 Islamic banks from 13 countries. Our results show that larger Islamic banks are morestable, at least when they surpass a certain threshold size. As regards regulation, activityrestrictions and capital stringency play a role in strengthening the stability-size relation. By contrast, the positive stability-size relation is weakened with more private monitoring andsupervisory power. Hence, our results point to the benefits of having bigg...

  • islamic_banking_malaysia_changing_landscape_ariff.pdf.jpg
  • Journal Article


  • Abdul Kareem, Mohamed Ariff (2017)

  • The banking industry in Malaysia is dominated by conventional banks, with Islamic banks accounting for roughly one-fifth. In addition, the Islamic banking sector is overwhelmingly in the hands of conventional banks, thanks to their Islamic subsidiaries which outnumber the "wholesome" Islamic banks whose market share of the Islamic banking business is on the decline. In this equation, the Islamic subsidiaries of conventional banks have an upper hand, as they can ride on the coattails of their parents which gives them a competitive edge - while the stand-alone domestic Islamic banks and foreign-owned full-fledged Islamic banks have to fend for themselves. The Islamic subsidiaries of conventional parents are in the driver's seat actively leading the industry, while the wholes...

  • the_bank_lending_channel_monetary_policy_transmission_dual_banking_system_mansoribrahim.pdf.jpg
  • Journal Article


  • Ibrahim, Mansor H. (2017)

  • This paper examines the impact of monetary policy on bank lending in a dual banking system, i.e. Malaysia. Making use of an unbalanced panel data set of 38 Islamic and conventional banks covering mostly 2001-2014, we find evidence that variations in monetary policy affect lending growth of Islamic banks and, to some extent, conventional banks. The results further reveal that, in comformity with studies using aggregate Islamic financing data, the Islamic financing growth reacts more strongly to monetary policy changes.

  • PhD_oil_revenue_financial_development_role_institutions_Ruslan_Nagayev.pdf.jpg
  • PhD


  • Nagayev, Ruslan (2017)

  • Almost every second barrel of oil is produced in the OIC region. It is expected that the influx of oil revenue will help in developing the financial markets and the economies of these countries. So, the accelerated growth of Islamic financial industry at a double-digit rate annually has been attributed to the liquidity generated from the oil production. However, the recent adverse shocks emanating from the international oil market (quadruple drop in oil price) have cast scepticism about the sustainability of financial sectors in OIC oil-producing countries in general and the growth of Islamic banking industry, in particular. Slumping oil prices are expected to reduce the liquidity ... Available in downloadable format.

  • administration_zakat_wealth_Maldives_muneeza.pdf.jpg
  • Journal Article


  • Muneeza, Aishath (2017)

  • For Muslims zakat is obligatory and different jurisdictions in the world have different mechanisms to administer it. Maldives is a hundred percent Muslim country and zakat administration in the country is unique. As such the objective of the paper is to discuss the zakat administration in Maldives with special reference to zakat al mal and to discuss the challenges facing the existing way of zakat administration. The paper also includes ways to overcome the challenges. No literature on this area in Maldives could be found and as such reference to primary materials such as unpublished statistics, reports, brochures have been made. It is hoped that this paper will encourage further research on this area in Maldives.

Browsing by Dates

Showing results 1 to 10 of 989
  • 270317 - ISLAMIC FINANCE, DEVELOPMENT & GROWTH.pdf.jpg
  • Academic Presentation


  • Alhabshi, Syed Othman (2017-03-27)

  • The slides "Islamic finance in Malaysia: development and growth" presented by Prof. Datuk Dr. Syed Othman Alhabshi to the Delegates from Ministry of Finance, Ghana, at INCEIF.

  • 2017_feb_11_towards_a_comprehensive_development_of_IF_for_Tehran_alhabshi.pdf.jpg
  • Keynote & Speech


  • Alhabshi, Syed Othman (2017-03-11)

  • Islamic Finance which is an offshoot of Islamic economics has seen a more aggressive development than its parent in the last five decades. Islamic economics itself has been quite stagnant given the enthusiasm in building institutions such as banks, takaful companies, capital markets, and structuring products based on the Islamic contracts for such institutions. Many countries have joined the bandwagon to significant level of success, measured in terms of asset size, revenue, profitability, market share, etc. Whilst Islamic economics has still not completely departed from its conventional counterpart both theoretically and empirically, Islamic finance seem to suffer similar fate mimicking its conventional institutions and products at the risk of being considered unIslamic. Although many ...

  • sudan_academy_banking_financial_sciences_vision_hub_Islamic_finance_africa_magda.pdf.jpg
  • Journal Article


  • Ismail Abdel Mohsin, Magda; Khattab, Ishraga; Alchaar, Mhd Osama (2017)

  • The practice of Islamic banking has become a fast growing and widespread phenomenon, not only in the Muslim countries, but also in the Non-Muslim countries too, such as UK, USA, Canada and Singapore. The transformation from a conventional form of banking to a banking system based on interest-free banks has generated a great deal of interest to call for Human Capital Development in the field to ensure sustainability, good performance and good competitive market in the Islamic financial industry. Even though Sudan is the pioneer in taking the initiative of Islamizing its financial industry since 1980s, yet we realized that other countries are taking the leading international and regional hub of Islamic finance such as Malaysia in the Asian region and UK in European countries, and recently...

  • item.jpg
  • Book


  • Abdul Hamid, Baharom; Ibrahim, Mansor H.; Kamarudin, Sazalina (2017)

  • This publication highlights the vast untapped potentials of Islamic finance if unleashed could help meet the massive demand for long-term financing for infrastructure development, promote financial inclusion and spur economic development. Most importantly, the publication underscores the challenges facing Islamic finance in the midst of the era of the new normal - the uncertainties in global economic outlook, accelerated technological changes stimulating expansion of new financial instruments and products, and rising regulatory demands.

  • poverty_alleviation_via_microfinance_using_concept_mudharabah_aishath.pdf.jpg
  • Journal Article


  • Abdul Manap, Sarah Hanna; Siththi, Fareeda; Long, She; Muneeza, Aishath (2017)

  • Poverty has been a long outstanding crisis at global scale and poverty alleviation has become one of the primary national developmental agendas. Conventional microfinance programmes have received growing attentions due to its capability to improve standard of living and social inclusiveness. Arguably, however, these conventional microcredit programmes do not effectively alleviate poverty as the borrowers remain into an interest-base debt cycle which may worsen the financial burdens. Meanwhile, Islamic microfinance by way of Mudharabah financing is equity based financing structure which is perceived to have a fair borrower-lender agreement. It promotes an effective wealth redistributive mechanism to reach the poor, to encourage their participation in productive real economic sectors. Thi...

  • do_we_need_bigger_islamic_banks_assessment_bank_stability_mansoribrahim_syedaun.pdf.jpg
  • Journal Article


  • Ibrahim, Mansor H.; Rizvi, Syed Aun R. (2017)

  • In this paper, we evaluate from the stability point of view whether Islamic banks shouldstay small or should be bigger. More specifically, in relating bank stability to bank size, weexamine potential non-linear effects of size on bank soundness and the roles regulationplays in strengthening or weakening the size-stability relation using a panel sample of45 Islamic banks from 13 countries. Our results show that larger Islamic banks are morestable, at least when they surpass a certain threshold size. As regards regulation, activityrestrictions and capital stringency play a role in strengthening the stability-size relation. By contrast, the positive stability-size relation is weakened with more private monitoring andsupervisory power. Hence, our results point to the benefits of having bigg...

  • islamic_banking_malaysia_changing_landscape_ariff.pdf.jpg
  • Journal Article


  • Abdul Kareem, Mohamed Ariff (2017)

  • The banking industry in Malaysia is dominated by conventional banks, with Islamic banks accounting for roughly one-fifth. In addition, the Islamic banking sector is overwhelmingly in the hands of conventional banks, thanks to their Islamic subsidiaries which outnumber the "wholesome" Islamic banks whose market share of the Islamic banking business is on the decline. In this equation, the Islamic subsidiaries of conventional banks have an upper hand, as they can ride on the coattails of their parents which gives them a competitive edge - while the stand-alone domestic Islamic banks and foreign-owned full-fledged Islamic banks have to fend for themselves. The Islamic subsidiaries of conventional parents are in the driver's seat actively leading the industry, while the wholes...

  • the_bank_lending_channel_monetary_policy_transmission_dual_banking_system_mansoribrahim.pdf.jpg
  • Journal Article


  • Ibrahim, Mansor H. (2017)

  • This paper examines the impact of monetary policy on bank lending in a dual banking system, i.e. Malaysia. Making use of an unbalanced panel data set of 38 Islamic and conventional banks covering mostly 2001-2014, we find evidence that variations in monetary policy affect lending growth of Islamic banks and, to some extent, conventional banks. The results further reveal that, in comformity with studies using aggregate Islamic financing data, the Islamic financing growth reacts more strongly to monetary policy changes.

  • PhD_oil_revenue_financial_development_role_institutions_Ruslan_Nagayev.pdf.jpg
  • PhD


  • Nagayev, Ruslan (2017)

  • Almost every second barrel of oil is produced in the OIC region. It is expected that the influx of oil revenue will help in developing the financial markets and the economies of these countries. So, the accelerated growth of Islamic financial industry at a double-digit rate annually has been attributed to the liquidity generated from the oil production. However, the recent adverse shocks emanating from the international oil market (quadruple drop in oil price) have cast scepticism about the sustainability of financial sectors in OIC oil-producing countries in general and the growth of Islamic banking industry, in particular. Slumping oil prices are expected to reduce the liquidity ... Available in downloadable format.

  • administration_zakat_wealth_Maldives_muneeza.pdf.jpg
  • Journal Article


  • Muneeza, Aishath (2017)

  • For Muslims zakat is obligatory and different jurisdictions in the world have different mechanisms to administer it. Maldives is a hundred percent Muslim country and zakat administration in the country is unique. As such the objective of the paper is to discuss the zakat administration in Maldives with special reference to zakat al mal and to discuss the challenges facing the existing way of zakat administration. The paper also includes ways to overcome the challenges. No literature on this area in Maldives could be found and as such reference to primary materials such as unpublished statistics, reports, brochures have been made. It is hoped that this paper will encourage further research on this area in Maldives.