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Showing results 1416 to 1435 of 1488
  • trade_finance_complementarity_mansor.pdf.jpg
  • Journal Article


  • Authors: Ibrahim, Mansor H. (2018)

  • This paper examines the complementarity/substitutability of international trade and financial development in the mitigation of carbon emissions for a panel sample of 62 middle-income countries from 1991 to 2010. Applying the bias-corrected LSDV estimator, the paper yields interesting results. For the full sample, international trade and financial development play an interactive and complementary role in reducing CO2 intensity of energy use. That is, the environmental benefit of international trade is materialized only if a country has a well-developed financial market. Likewise, financial development is beneficial to the environment only in a highly open economy. Having stated these, ...

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


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

  • Recent statistics released by the IMF (Figure 1) provide a comparative on the significant impact that COVID-19, and the lockdown in fighting and containing the pandemic has on global economies. The IMF forecasts that the impact is expected to be more devastating than the growth experienced in the aftermath of the Global financial crisis in 2009. The Euro area is where the most severe impact is envisaged, with estimates of economic contraction at almost 8%. This is followed by the United States with an estimated contraction of 6% and Japan contracting slightly more than 5%. China and India are expected to post positive growth at 2% and 1% respectively.

  • chapter_6_trajectory_of_islamic_banking_in_Malaysia_Syed_Abdul_Hamid.pdf.jpg
  • Chapter in Book


  • Authors: Aljunid, Syed Abdul Hamid (2017)

  • The development of Islamic finance can be traced back to the establishment of the first Islamic bank in Malaysia, Bank Islam Malaysia Berhad, in 1983. This chapter explores the various phases in the development of Islamic banking in Malaysia, including its future path in the coming decades. References will be made to the initiatives of the public and private sectors in contributing to the development of the Islamic banking industry. Coupled with the background of an open economy, opportunities for cross fertilisation have enabled the restructuring of the Islamic banking industry to meet the challenges of global competition. Available in physical copy only (Call Number: HG 3368 A6 I...

  • transformation_of_idle_waqf properties_into_income_generating_properties_magda.pdf.jpg
  • Academic Proceeding


  • Authors: Ismail Abdel Mohsin, Magda (2016)

  • Purpose - The main objective of this research is to present the current successful cases in making a revolution reform of the old and idle waqf properties into income generating properties in Muslim and Muslim minority countries. These reforms include providing services to the community, opening jobs for the majority of people, funding small entrepreneurs, educating the mass, taking care of the health of the people, and sheltering the poor and needy in the different countries. Cases under studies are; Turkey, Malaysia, Singapore, Sudan, Indonesia, New Zealand, Kuwait, India, Pakistan and Bangladesh...

  • tripartite_analysis_across_business_cycles_Turkey_multi-timescale_inquiry_efficiency_volatility_integration_mansor.pdf.jpg
  • Journal Article


  • Authors: Arshad, Shaista; Rizvi, Syed Aun Raza; Ibrahim, Mansor H. (2014)

  • In the current era of globalization, deregulation and liberalization of markets have led to financial integration amongst developing and developed countries. The sudden massive inflow of capital into developing country's stock markets begs the question of whether or not the markets are sufficiently efficient to handle the increasing integration of markets. Furthermore, the relationship between the integration and efficiency of stock markets tends to be of greater importance during economic downturns. Taking Turkey as a case study owing to its economic growth and importance in two successful blocs, i.e. the EU and the OIC, we attempt to analyse the linkages between stock market efficie...

  • IFHubEd6_trust_ethics_stock_market_economic_growth_adam.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Adam Ng Boon Ka (2017)

  • By 2007, more than US$ 15 trillion was held by over 91 million individual investors in stocks and corporate bonds, either directly or through mutual and pension funds. These massive investments and financial markets could not have conceivably reached such a size had it not been for most people having trust in their investments and the common belief in others' trustworthiness. However, scandals associated with the 2007/2008 financial crisis have eroded trust in the financial system. As a result, the need to understand forces contributing to financial market development and instability has been placed at the center stage of global policy and academic discussions. A sound and stable fina...

  • underminig_shared_prosperity_alaa_mansur_abbas.pdf.jpg
  • Academic Presentation


  • Authors: Alaabed, Alaa; Mohammed Masih, Abul Mansur; Mirakhor, Abbas (2015)

  • Automatically, risk shifting is absent in an ideal Islamic financial system (The Kuala Lumpur Declaration, 2012). Creating an opportunity for shared prosperity is a litmus test of the authenticity of Islamic banking. The present formation of Islamic finance has grown out of conventional finance and it uses its instruments.

  • understanding_development_Islamic_framework_hossein_zamir_noureddine_abbas.pdf.jpg
  • Journal Article


  • Authors: Askari, Hossein; Iqbal, Zamir; Krichene, Noureddine; Mirakhor, Abbas (2014)

  • In this paper, the foundational rules governing human, economic and financial development in Islam, as understood from the Qur’ān and from the life and traditions of the Prophet Muhammad (pbuh), are summarized. These rules pave the path to development as the basis of institutional structure, which in turn, underpin the path of economic and social progress. The essential elements in the life of a Muslim—the unity of creation, freedom and freedom of choice, economic and human development, economic system and financial practice—are developed.

  • understanding_malaysia_unique_governance.pdf.jpg
  • Chapter in Book


  • Authors: Nahar, Hairul Suhaimi; Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad; Hassan, Taufiq (2012)

  • Prior research examining corporate governance issues across jurisdictional boundaries and market specificity (emerging and otherwise) have commonly adopted the functionalist approach of exploring governance implications towards specific economic phenomena covering among others, firm's performance and its reporting behaviour. These studies have utilized common research methods (often archival modeling) and theories (economic and management based) subscribing to the positivist paradigm in understanding specific research phenomena.

  • understanding_shariah_financial_planning_lahsasna_2010.pdf.jpg
  • Industry Article


  • Authors: Lahsasna, Ahcene (2010-01-01)

  • The concept of Islamic or Shariah financial planning is based on the incorporation of Shariah (Islamic law) rules and elements into the process of financial planning. Shariah rules and principles are positioned as the core of the application of financial planning, with Shariah rules and principles being observed and enforced throughout the process. Shariah financial planning may be defined as “a process of assisting clients in determining their financial goals and priorities and the resources to meet them optimally within the parameters of the Shariah.” Another definition is “the process of meeting life goals through the management of finances in accordance with the Shariah.”

  • item.jpg
  • Academic Proceeding


  • Authors: V. Rasiah, R. Ratneswary; Thuraisingam, Ambikai S.; Abdul Hamid, Baharom; Habibullah, Muzafar Shah (2014)

  • The paper "Unemployment, economic development and happiness: a cross-sectional study" presented 6th International Borneo Business Conference (IBBC) 2014, Kuching, Sarawak, Malaysia.

  • item.jpg
  • PhD


  • Authors: Alias, Tunku Alina (2011)

  • The claim of this thesis is that the waqf is not just a religious institution, but is an economic institution capable of contributing to economic growth. Accordingly, this thesis enquires into three questions: what factors led to this centralization process in Malaysia and its undesirable results, why we should care to change the situation, and what would be the solution to enable the waqf to achieve its full economic potential in this country. The objective of this thesis is to find a modern and efficient governance framework for waqf institution in Malaysia so that it can fulfill its intended purpose ...

  • item.jpg
  • Academic Proceeding


  • Authors: Ismail Abdel Mohsin, Magda; Shaikh Abdul Razak, Shaikh Hamzah (2015)

  • The institution of waqf played a major role in early Islamic civilization it involves every aspect of socio-economic life in the Muslim world for 1300 years. Even though, the last century witnessed its destruction where its role becomes idle, undeveloped and unproductive in almost all Muslim countries, yet its recent revival shows optimism approached in galvanizing its socio-economic role. Through adopting new financial modes it manages to redevelop the old waqf properties into huge towers and buildings an innovation which succeeded inmultiplying the number of the beneficiaries of the old waqf properties.

  • Unlocking waqf properties through traditional and new modes of finance_magda_hamzah.pdf.jpg
  • Academic Proceeding


  • Authors: Ismail Abdel Mohsin, Magda; Shaikh Abdul Razak, Shaikh Hamzah (2015)

  • The institution of waqf played a major role in early Islamic civilization as it involved every aspects of socio-economic life in the Muslim world for 1300 years. Nonetheless, the last century witnessed its destruction where its role becomes idle, undeveloped and unproductive in almost all Muslim countries, yet its recent revival shows optimism in the approach in galvanizing its socio-economic role. Through adopting traditional and new financial modes of finance, the old and idle waqf properties have been successfully redeveloped into modern buildings, an innovation which not only multiply the rewards for the founders but it multiplies the number of beneficiaries who benefited from suc...

  • Unraveling_the_financial_contagion_in_European_stock_markets_during_financial_crisis_dewandaru_et_al.pdf.jpg
  • Journal Article


  • Authors: 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 or long run. Wavelet decomposition in both its discrete and continuous forms is used. The findings reveal the following: (i) prior to the subprime crisis, contagion effects generated short-term shocks. The most recent US subprime crisis, however, reveals the evidence of fundamental based contagion. (ii) We find increasing short-run and long-run stock market integration, driven by several ...

  • unsustainability_regime_interest_based_debt_financing_abbas.pdf.jpg
  • Journal Article


  • Authors: Mirakhor, Abbas; Krichene, Noureddine; Shaukat, Mughees (2012)

  • Evidence has been mounting that the interest-based debt financing regime is under increasing distress. Evidence also suggests that financial crises—despite the various labels assigned to them: exchange rate crisis or banking crisis—have been debt crises in essence. At present, data suggest that the debt-to-GDP ratio of the richest members of the G-20 is expected to reach the 120% mark by 2014. There is also evidence that, out of securities worth US$ 200 trillion in the global economy, no less than three-fourths represent interest-based debt. It is difficult to see how this massive debt volume can be validated by the underlying productive capacity of the global economy. This picture be...

  • Unveiling_the_diversification_benefits_of_Islamic_equities_and_commodities_mansur.pdf.jpg
  • Journal Article


  • Authors: Prima Sakti, Muhammad Rizky; Mohammed Masih, Abul Mansur; Saiti, Buerhan; Tareq, Mohammad Ali (2018)

  • The purpose of this paper is to examine the extent to which the Indonesian Shariah compliant investors can benefit from the portfolio diversification with the Islamic indices of its trading partners and selected commodities such as gold, crude oil, and cocoa. The findings tend to indicate that investors with exposure in Shariah compliant indices of Indonesia and wanting to gain more diversification benefits should invest either in the USA or India Islamic equity. Instead, the greater benefits will be obtained by Shariah compliant investors if they invest in the USA Islamic indices during long-term investment horizons. If investors want to invest in medium investment horizons, investin...

  • Phd_Using_reputation_fame_to_reduce_information_asymmetry_in_islamic_risk_sharing_crowdfunding_models_Omid_Torabi.pdf.jpg
  • PhD


  • Authors: Torabi, Omid (2017)

  • Crowdfunding as a part of sharing economy is a fast developing method of projects finance mobilization. From Islamic finance point of view, it is important to address the Islamic crowdfunding system to improve the new Fintech trends in Islamic communities. Moreover, risk sharing is the essence of Islamic finance and equity crowdfunding potentially is a proper musharakah risk sharing scheme to be compliance with Shariah of Islam. However, the lack of trust and the problem of information asymmetry are the main challenges of any type of risk sharing deal as well as crowdfunding ...

  • item.jpg
  • Master


  • Authors: Ali, Shah Mohammad (2016)

  • The purpose of this study was to find whether value premium exists in the context of GCC markets, and if it does, whether idiosyncratic risk explain its presence. The sample consisted of stock indices and company level stock prices from three GCC countries: Oman, Kuwait and Saudi Arabia. The economic model used CAPM and the analyses were divided into 2 parts: the first part involves testing idiosyncratic risk has impact on value premium using GARCH-M and EGARCH-M model. It was found that value premium does exist in Gulf markets with positive significant relationship between value premium and idiosyncratic risk for Oman and Kuwaiti markets ...

  • item.jpg
  • PhD


  • Authors: Rizvi, Syed Aun Raza (2014)

  • Over the past decades much effort and research has gone into establishing a viable set of Islamic financial institutions. An area of utmost importance, which still has gaping holes, is the development of instruments for government financing on a global level. Most developing countries including the bulk of Muslim nations, are heavily indebted with high reliance on multilateral financing primarily based on high interest rates. This vicious cycle of interest rates and debt have stunted the growth of these nations and worsened the conditions of the masses. This research brings to the forefront the concept of an equity in nature GDP linked paper, which allows for enhanced risk sharing bas...

Browsing by Title

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 1416 to 1435 of 1488
  • trade_finance_complementarity_mansor.pdf.jpg
  • Journal Article


  • Authors: Ibrahim, Mansor H. (2018)

  • This paper examines the complementarity/substitutability of international trade and financial development in the mitigation of carbon emissions for a panel sample of 62 middle-income countries from 1991 to 2010. Applying the bias-corrected LSDV estimator, the paper yields interesting results. For the full sample, international trade and financial development play an interactive and complementary role in reducing CO2 intensity of energy use. That is, the environmental benefit of international trade is materialized only if a country has a well-developed financial market. Likewise, financial development is beneficial to the environment only in a highly open economy. Having stated these, ...

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


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

  • Recent statistics released by the IMF (Figure 1) provide a comparative on the significant impact that COVID-19, and the lockdown in fighting and containing the pandemic has on global economies. The IMF forecasts that the impact is expected to be more devastating than the growth experienced in the aftermath of the Global financial crisis in 2009. The Euro area is where the most severe impact is envisaged, with estimates of economic contraction at almost 8%. This is followed by the United States with an estimated contraction of 6% and Japan contracting slightly more than 5%. China and India are expected to post positive growth at 2% and 1% respectively.

  • chapter_6_trajectory_of_islamic_banking_in_Malaysia_Syed_Abdul_Hamid.pdf.jpg
  • Chapter in Book


  • Authors: Aljunid, Syed Abdul Hamid (2017)

  • The development of Islamic finance can be traced back to the establishment of the first Islamic bank in Malaysia, Bank Islam Malaysia Berhad, in 1983. This chapter explores the various phases in the development of Islamic banking in Malaysia, including its future path in the coming decades. References will be made to the initiatives of the public and private sectors in contributing to the development of the Islamic banking industry. Coupled with the background of an open economy, opportunities for cross fertilisation have enabled the restructuring of the Islamic banking industry to meet the challenges of global competition. Available in physical copy only (Call Number: HG 3368 A6 I...

  • transformation_of_idle_waqf properties_into_income_generating_properties_magda.pdf.jpg
  • Academic Proceeding


  • Authors: Ismail Abdel Mohsin, Magda (2016)

  • Purpose - The main objective of this research is to present the current successful cases in making a revolution reform of the old and idle waqf properties into income generating properties in Muslim and Muslim minority countries. These reforms include providing services to the community, opening jobs for the majority of people, funding small entrepreneurs, educating the mass, taking care of the health of the people, and sheltering the poor and needy in the different countries. Cases under studies are; Turkey, Malaysia, Singapore, Sudan, Indonesia, New Zealand, Kuwait, India, Pakistan and Bangladesh...

  • tripartite_analysis_across_business_cycles_Turkey_multi-timescale_inquiry_efficiency_volatility_integration_mansor.pdf.jpg
  • Journal Article


  • Authors: Arshad, Shaista; Rizvi, Syed Aun Raza; Ibrahim, Mansor H. (2014)

  • In the current era of globalization, deregulation and liberalization of markets have led to financial integration amongst developing and developed countries. The sudden massive inflow of capital into developing country's stock markets begs the question of whether or not the markets are sufficiently efficient to handle the increasing integration of markets. Furthermore, the relationship between the integration and efficiency of stock markets tends to be of greater importance during economic downturns. Taking Turkey as a case study owing to its economic growth and importance in two successful blocs, i.e. the EU and the OIC, we attempt to analyse the linkages between stock market efficie...

  • IFHubEd6_trust_ethics_stock_market_economic_growth_adam.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Adam Ng Boon Ka (2017)

  • By 2007, more than US$ 15 trillion was held by over 91 million individual investors in stocks and corporate bonds, either directly or through mutual and pension funds. These massive investments and financial markets could not have conceivably reached such a size had it not been for most people having trust in their investments and the common belief in others' trustworthiness. However, scandals associated with the 2007/2008 financial crisis have eroded trust in the financial system. As a result, the need to understand forces contributing to financial market development and instability has been placed at the center stage of global policy and academic discussions. A sound and stable fina...

  • underminig_shared_prosperity_alaa_mansur_abbas.pdf.jpg
  • Academic Presentation


  • Authors: Alaabed, Alaa; Mohammed Masih, Abul Mansur; Mirakhor, Abbas (2015)

  • Automatically, risk shifting is absent in an ideal Islamic financial system (The Kuala Lumpur Declaration, 2012). Creating an opportunity for shared prosperity is a litmus test of the authenticity of Islamic banking. The present formation of Islamic finance has grown out of conventional finance and it uses its instruments.

  • understanding_development_Islamic_framework_hossein_zamir_noureddine_abbas.pdf.jpg
  • Journal Article


  • Authors: Askari, Hossein; Iqbal, Zamir; Krichene, Noureddine; Mirakhor, Abbas (2014)

  • In this paper, the foundational rules governing human, economic and financial development in Islam, as understood from the Qur’ān and from the life and traditions of the Prophet Muhammad (pbuh), are summarized. These rules pave the path to development as the basis of institutional structure, which in turn, underpin the path of economic and social progress. The essential elements in the life of a Muslim—the unity of creation, freedom and freedom of choice, economic and human development, economic system and financial practice—are developed.

  • understanding_malaysia_unique_governance.pdf.jpg
  • Chapter in Book


  • Authors: Nahar, Hairul Suhaimi; Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad; Hassan, Taufiq (2012)

  • Prior research examining corporate governance issues across jurisdictional boundaries and market specificity (emerging and otherwise) have commonly adopted the functionalist approach of exploring governance implications towards specific economic phenomena covering among others, firm's performance and its reporting behaviour. These studies have utilized common research methods (often archival modeling) and theories (economic and management based) subscribing to the positivist paradigm in understanding specific research phenomena.

  • understanding_shariah_financial_planning_lahsasna_2010.pdf.jpg
  • Industry Article


  • Authors: Lahsasna, Ahcene (2010-01-01)

  • The concept of Islamic or Shariah financial planning is based on the incorporation of Shariah (Islamic law) rules and elements into the process of financial planning. Shariah rules and principles are positioned as the core of the application of financial planning, with Shariah rules and principles being observed and enforced throughout the process. Shariah financial planning may be defined as “a process of assisting clients in determining their financial goals and priorities and the resources to meet them optimally within the parameters of the Shariah.” Another definition is “the process of meeting life goals through the management of finances in accordance with the Shariah.”

  • item.jpg
  • Academic Proceeding


  • Authors: V. Rasiah, R. Ratneswary; Thuraisingam, Ambikai S.; Abdul Hamid, Baharom; Habibullah, Muzafar Shah (2014)

  • The paper "Unemployment, economic development and happiness: a cross-sectional study" presented 6th International Borneo Business Conference (IBBC) 2014, Kuching, Sarawak, Malaysia.

  • item.jpg
  • PhD


  • Authors: Alias, Tunku Alina (2011)

  • The claim of this thesis is that the waqf is not just a religious institution, but is an economic institution capable of contributing to economic growth. Accordingly, this thesis enquires into three questions: what factors led to this centralization process in Malaysia and its undesirable results, why we should care to change the situation, and what would be the solution to enable the waqf to achieve its full economic potential in this country. The objective of this thesis is to find a modern and efficient governance framework for waqf institution in Malaysia so that it can fulfill its intended purpose ...

  • item.jpg
  • Academic Proceeding


  • Authors: Ismail Abdel Mohsin, Magda; Shaikh Abdul Razak, Shaikh Hamzah (2015)

  • The institution of waqf played a major role in early Islamic civilization it involves every aspect of socio-economic life in the Muslim world for 1300 years. Even though, the last century witnessed its destruction where its role becomes idle, undeveloped and unproductive in almost all Muslim countries, yet its recent revival shows optimism approached in galvanizing its socio-economic role. Through adopting new financial modes it manages to redevelop the old waqf properties into huge towers and buildings an innovation which succeeded inmultiplying the number of the beneficiaries of the old waqf properties.

  • Unlocking waqf properties through traditional and new modes of finance_magda_hamzah.pdf.jpg
  • Academic Proceeding


  • Authors: Ismail Abdel Mohsin, Magda; Shaikh Abdul Razak, Shaikh Hamzah (2015)

  • The institution of waqf played a major role in early Islamic civilization as it involved every aspects of socio-economic life in the Muslim world for 1300 years. Nonetheless, the last century witnessed its destruction where its role becomes idle, undeveloped and unproductive in almost all Muslim countries, yet its recent revival shows optimism in the approach in galvanizing its socio-economic role. Through adopting traditional and new financial modes of finance, the old and idle waqf properties have been successfully redeveloped into modern buildings, an innovation which not only multiply the rewards for the founders but it multiplies the number of beneficiaries who benefited from suc...

  • Unraveling_the_financial_contagion_in_European_stock_markets_during_financial_crisis_dewandaru_et_al.pdf.jpg
  • Journal Article


  • Authors: 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 or long run. Wavelet decomposition in both its discrete and continuous forms is used. The findings reveal the following: (i) prior to the subprime crisis, contagion effects generated short-term shocks. The most recent US subprime crisis, however, reveals the evidence of fundamental based contagion. (ii) We find increasing short-run and long-run stock market integration, driven by several ...

  • unsustainability_regime_interest_based_debt_financing_abbas.pdf.jpg
  • Journal Article


  • Authors: Mirakhor, Abbas; Krichene, Noureddine; Shaukat, Mughees (2012)

  • Evidence has been mounting that the interest-based debt financing regime is under increasing distress. Evidence also suggests that financial crises—despite the various labels assigned to them: exchange rate crisis or banking crisis—have been debt crises in essence. At present, data suggest that the debt-to-GDP ratio of the richest members of the G-20 is expected to reach the 120% mark by 2014. There is also evidence that, out of securities worth US$ 200 trillion in the global economy, no less than three-fourths represent interest-based debt. It is difficult to see how this massive debt volume can be validated by the underlying productive capacity of the global economy. This picture be...

  • Unveiling_the_diversification_benefits_of_Islamic_equities_and_commodities_mansur.pdf.jpg
  • Journal Article


  • Authors: Prima Sakti, Muhammad Rizky; Mohammed Masih, Abul Mansur; Saiti, Buerhan; Tareq, Mohammad Ali (2018)

  • The purpose of this paper is to examine the extent to which the Indonesian Shariah compliant investors can benefit from the portfolio diversification with the Islamic indices of its trading partners and selected commodities such as gold, crude oil, and cocoa. The findings tend to indicate that investors with exposure in Shariah compliant indices of Indonesia and wanting to gain more diversification benefits should invest either in the USA or India Islamic equity. Instead, the greater benefits will be obtained by Shariah compliant investors if they invest in the USA Islamic indices during long-term investment horizons. If investors want to invest in medium investment horizons, investin...

  • Phd_Using_reputation_fame_to_reduce_information_asymmetry_in_islamic_risk_sharing_crowdfunding_models_Omid_Torabi.pdf.jpg
  • PhD


  • Authors: Torabi, Omid (2017)

  • Crowdfunding as a part of sharing economy is a fast developing method of projects finance mobilization. From Islamic finance point of view, it is important to address the Islamic crowdfunding system to improve the new Fintech trends in Islamic communities. Moreover, risk sharing is the essence of Islamic finance and equity crowdfunding potentially is a proper musharakah risk sharing scheme to be compliance with Shariah of Islam. However, the lack of trust and the problem of information asymmetry are the main challenges of any type of risk sharing deal as well as crowdfunding ...

  • item.jpg
  • Master


  • Authors: Ali, Shah Mohammad (2016)

  • The purpose of this study was to find whether value premium exists in the context of GCC markets, and if it does, whether idiosyncratic risk explain its presence. The sample consisted of stock indices and company level stock prices from three GCC countries: Oman, Kuwait and Saudi Arabia. The economic model used CAPM and the analyses were divided into 2 parts: the first part involves testing idiosyncratic risk has impact on value premium using GARCH-M and EGARCH-M model. It was found that value premium does exist in Gulf markets with positive significant relationship between value premium and idiosyncratic risk for Oman and Kuwaiti markets ...

  • item.jpg
  • PhD


  • Authors: Rizvi, Syed Aun Raza (2014)

  • Over the past decades much effort and research has gone into establishing a viable set of Islamic financial institutions. An area of utmost importance, which still has gaping holes, is the development of instruments for government financing on a global level. Most developing countries including the bulk of Muslim nations, are heavily indebted with high reliance on multilateral financing primarily based on high interest rates. This vicious cycle of interest rates and debt have stunted the growth of these nations and worsened the conditions of the masses. This research brings to the forefront the concept of an equity in nature GDP linked paper, which allows for enhanced risk sharing bas...