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Showing results 1150 to 1169 of 1210
  • 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; Muhammad 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 ... Available in physical copy only (Call Number: t BP 170.25 T926)

  • 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 ... Available in downloadable format.

  • 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 ... Available in physical copy only (Call N...

  • 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 heaviliy 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 ba...

  • the_wage_transition_in_developed_countries_and_its_implications_for_china_Belal_Bertrand_Qing.pdf.jpg
  • Journal Article


  • Authors: Baaquie, Belal E.; Roehner, Bertrand M.; Qing-hai, Wang (2017)

  • The expression "wage transition" refers to the fact that over the past three decades in almost all developed economies wage increases have leveled off. There has been a widening divergence and decoupling between wages on the one hand and GDP per capita on the other hand. Yet, in China wages and GDP per capita climbed in sync (at least up to now). In the first part of the paper we present comparative statistical evidence which measures the extent of the wage transition effect. In a second part we consider the reasons of this phenomenon, in particular we explain how the transfers of labor from low productivity sectors (such as agriculture) to high productivity sectors (such as manufactu...

  • item.jpg
  • Blog Post


  • Authors: Vicary Abdullah, Daud (2015-01-19)

  • Blog post by INCEIF PCEO Mr. Daud Vicary Abdullah on “Walking the talk“.

  • waqf_accounting_management_indonesian_waqf_institutions_ihsan_ibrahim.pdf.jpg
  • Journal Article


  • Authors: Ihsan, Hidayatul; Mohamed Ibrahim, Shahul Hameed (2011)

  • Purpose – The purpose of this study is to examine accounting and management practices in two Indonesian awqaf institutions. It intends to seek evidence with regard to how mutawallis discharge their accountability. Design/methodology/approach – Two case studies were undertaken on two awqaf institutions in Indonesia, i.e. ABC and XYZ waqf foundations. Data were collected through various methods, i.e. interviews, document reviews and direct observations. Findings – The findings show that ABC shows more efficient management and greater transparency and accountability than XYZ due to the presence of Islamically committed professionals in the former, despite the better accounting informat...

  • waqf_islamic_banking_finance_missing_link_magda_2015.pdf.jpg
  • Industry Article


  • Authors: Ismail Abdel Mohsin, Magda (2015)

  • Islam strongly endorses socio-economic and welfare-friendly practices, supporting and promoting philanthropic and charitable deeds. The concept of waqf in Shari'a is regarded as an empirical embodiment of this very preposition. Waqf derives its origin from approximately fourteen centuries back, and is known to have been first practised by the Prophet himself for public utility or social causes.

  • waqf and its role in the islamic economic system_murat.pdf.jpg
  • Chapter in Book


  • Authors: Cizakca, Murat (2009)

  • Philanthropic foundations are known in the Islamic world as waqf or habs. Whereas the latter term is used in North Africa and has also entered into the French language, the former is known, with slight variations, in the rest of the Islamic world and has entered into English. The word waqf (pl. awqaf) is derived from the Arabic root verb waqafa, which means to cause a thing to stop and stand still.

  • waqf_share_schemes_and_you_magda.pdf.jpg
  • Industry Article


  • Authors: Ismail Abdel Mohsin, Magda (2018)

  • The waqf share scheme is one of the most versatile Islamic social finance tools that have emerged in the 21st century, and has been practised in many Muslim and Muslim-minority countries, according to Dr Murat Cizakca, Professor, Comparative Economics History, Global.

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 1150 to 1169 of 1210
  • 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; Muhammad 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 ... Available in physical copy only (Call Number: t BP 170.25 T926)

  • 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 ... Available in downloadable format.

  • 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 ... Available in physical copy only (Call N...

  • 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 heaviliy 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 ba...

  • the_wage_transition_in_developed_countries_and_its_implications_for_china_Belal_Bertrand_Qing.pdf.jpg
  • Journal Article


  • Authors: Baaquie, Belal E.; Roehner, Bertrand M.; Qing-hai, Wang (2017)

  • The expression "wage transition" refers to the fact that over the past three decades in almost all developed economies wage increases have leveled off. There has been a widening divergence and decoupling between wages on the one hand and GDP per capita on the other hand. Yet, in China wages and GDP per capita climbed in sync (at least up to now). In the first part of the paper we present comparative statistical evidence which measures the extent of the wage transition effect. In a second part we consider the reasons of this phenomenon, in particular we explain how the transfers of labor from low productivity sectors (such as agriculture) to high productivity sectors (such as manufactu...

  • item.jpg
  • Blog Post


  • Authors: Vicary Abdullah, Daud (2015-01-19)

  • Blog post by INCEIF PCEO Mr. Daud Vicary Abdullah on “Walking the talk“.

  • waqf_accounting_management_indonesian_waqf_institutions_ihsan_ibrahim.pdf.jpg
  • Journal Article


  • Authors: Ihsan, Hidayatul; Mohamed Ibrahim, Shahul Hameed (2011)

  • Purpose – The purpose of this study is to examine accounting and management practices in two Indonesian awqaf institutions. It intends to seek evidence with regard to how mutawallis discharge their accountability. Design/methodology/approach – Two case studies were undertaken on two awqaf institutions in Indonesia, i.e. ABC and XYZ waqf foundations. Data were collected through various methods, i.e. interviews, document reviews and direct observations. Findings – The findings show that ABC shows more efficient management and greater transparency and accountability than XYZ due to the presence of Islamically committed professionals in the former, despite the better accounting informat...

  • waqf_islamic_banking_finance_missing_link_magda_2015.pdf.jpg
  • Industry Article


  • Authors: Ismail Abdel Mohsin, Magda (2015)

  • Islam strongly endorses socio-economic and welfare-friendly practices, supporting and promoting philanthropic and charitable deeds. The concept of waqf in Shari'a is regarded as an empirical embodiment of this very preposition. Waqf derives its origin from approximately fourteen centuries back, and is known to have been first practised by the Prophet himself for public utility or social causes.

  • waqf and its role in the islamic economic system_murat.pdf.jpg
  • Chapter in Book


  • Authors: Cizakca, Murat (2009)

  • Philanthropic foundations are known in the Islamic world as waqf or habs. Whereas the latter term is used in North Africa and has also entered into the French language, the former is known, with slight variations, in the rest of the Islamic world and has entered into English. The word waqf (pl. awqaf) is derived from the Arabic root verb waqafa, which means to cause a thing to stop and stand still.

  • waqf_share_schemes_and_you_magda.pdf.jpg
  • Industry Article


  • Authors: Ismail Abdel Mohsin, Magda (2018)

  • The waqf share scheme is one of the most versatile Islamic social finance tools that have emerged in the 21st century, and has been practised in many Muslim and Muslim-minority countries, according to Dr Murat Cizakca, Professor, Comparative Economics History, Global.