Browsing by Topic Islamic banking::Products and services of Islamic banking

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Showing results 2 to 10 of 10
  • islamic_banks_profit_sharing_equity_credit_control_zubair.pdf.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2010)

  • This paper deals with three basic issues in Islamic banking: First, how the profit sharing ratios in mudarabah contracts are in principle determined? Second, do the actual sharing ratios result in an equitable division of profit between the banks on the one hand and the depositors on the other? Finally, can the central bank use the profit sharing ratio along with the rate of interest for credit control so as to mitigate leverage lure in a dual banking system? The paper provides a brief explanation as an answer to the first question. The response to the second is negative but is positive to the third. It suggests a policy tool the central banks can possibly use to prevent the sort of c...

  • islamic_finance_multipolar_world_abbas.pdf.jpg
  • Industry Article


  • Authors: Mirakhor, Abbas (2011-10-20)

  • Continuation of a debt-based financing regime will not necessarily allow the benefits of emerging multipolarity to accrue to the world economy. The new system can be more effective with a new regime of financing. Indications are that almost all emerging countries in Asia are actively considering risk sharing via Islamic finance as a possible alternative.

  • islamic_norms_excel_time_value.pdf.jpg
  • Chapter in Book


  • Authors: Hasan, Zubair (2014)

  • This chapter adds to the series of writings on Islamic home financing presented and published by the author on the subject of compounding versus and Islamic Shari'ah-consistent requirement for computation to avoid continuos compounding. It spells out certain normas Islamic banks must observe in home financing, and demonstrates that the conventional time value formula in Excel does not the stated norms. Available in physical copy and ebook (Call Number: HG 3368 A6 R595L)

  • item.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2013)

  • This paper adds to the series of writings on Islamic home financing presented and published by the author since February 2010. It spells out certain norms Islamic banks must observe in home financing and demonstrates that the conventional model based on an Excel formula does not meet the stated norms. It may well be emphasized that in Islam the question of observing these norms arises before, and not after, the selection of the formula; additional juristic requirements may only follow subsequently. Is it not then strange many Islamic banks are using the formula to determine the periodic instalment payments in their home financing programs? The paper finds, for example, the popular Mus...

  • practice_Islamic_banking_system_Sudan_magda.pdf.jpg
  • Journal Article


  • Authors: Ismail Abdel Mohsin, Magda (2005)

  • This paper sheds light on the practice of Islamic banking system in Sudan. Its main objective is to show how successful the Islamic banking system in Sudan is and how this system succeeded in converting all existing banks into interest-free banks. Moreover, it emphasises the establishment of new Islamic banks in all the regions of Sudan and shows how those banks succeeded in minimising dealing with interest, attracting more depositors and financing the different sectors. To achieve this, the paper reviews the emergence of the Islamic banking system in Sudan within the last three decades, presents the structure and operations of the Sudanese Islamic banks, and highlights their contribu...

  • profit_loss_distribution_pool_management_framework_ibi_pakistan_progress_issues_implications_shahulhameed.pdf.jpg
  • Journal Article


  • Authors: Ayub, Muhammad; Mohamed Ibrahim, Shahul Hameed (2013)

  • Pakistan is among the three countries that opted for economy-wide transformation to Islamic financial system in 1980s, the other two being Iran and Sudan. But the ‘non-interest based’ banking system introduced in mid-eighties was declared un-Islamic by the ‘Federal Shar┘at Court’ because the same was largely based on ‘buy-back’ (bai‘ al-‘Inah) and sale of debt instruments (bai‘ al-dayn). In the new system introduced since December 2002, Islamic banking institutions (IBIs) operating in parallel with the conventional banks are using mu╔ārabah as the major mode to raise investment deposits from individuals as also the corporate sector. But based on the assumption that depositors’ risk to...

  • profit_sharing_ratios_mudaraba_contract_revisited_zubair.pdf.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2010)

  • This paper examines three interlinked issues: First, what is the current state of profit sharing in Islamic banking, that is, is the division of profi t between the banks and the depositors satisfactory? Second, can the profit sharing in a two-tier mudaraba contract give the same rate of return to depositors as the bank receives from the investment of their deposits in business? Finally, can the central bank use in some ways the profi t sharing ratio along with the rate of interest as an instrument for credit control in a dual banking system? The answer to the first two questions is in the negative. To the third, a tentative response is yes. The paper also suggests a policy tool the c...

  • impact_nominal_gdp_inflation_financial_performance_islamic_banks_malaysia_shaikh.pdf.jpg
  • Journal Article


  • Authors: Siew, Chun Hong; Shaikh Abdul Razak, Shaikh Hamzah (2015)

  • The aim of this paper is to analyse the financial performance of Islamic banks in Malaysia measured using ratio analysis of profitability, liquidity, credit risk and impaired financing performance. The study also includes determining the impact of nominal Gross Domestic Product (GDP) and inflation rates on the variables of profitability, liquidity, credit risk and impaired financing performance during the period spanning from year 2007 to year 2011. The result of regression shows that nominal GDP has significant impact on macroeconomic variables such as return on average asset, liquidity ratio and equity to net loans. Therefore, there areonly certain macroeconomic vari...

Browsing by Topic Islamic banking::Products and services of Islamic banking

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 2 to 10 of 10
  • islamic_banks_profit_sharing_equity_credit_control_zubair.pdf.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2010)

  • This paper deals with three basic issues in Islamic banking: First, how the profit sharing ratios in mudarabah contracts are in principle determined? Second, do the actual sharing ratios result in an equitable division of profit between the banks on the one hand and the depositors on the other? Finally, can the central bank use the profit sharing ratio along with the rate of interest for credit control so as to mitigate leverage lure in a dual banking system? The paper provides a brief explanation as an answer to the first question. The response to the second is negative but is positive to the third. It suggests a policy tool the central banks can possibly use to prevent the sort of c...

  • islamic_finance_multipolar_world_abbas.pdf.jpg
  • Industry Article


  • Authors: Mirakhor, Abbas (2011-10-20)

  • Continuation of a debt-based financing regime will not necessarily allow the benefits of emerging multipolarity to accrue to the world economy. The new system can be more effective with a new regime of financing. Indications are that almost all emerging countries in Asia are actively considering risk sharing via Islamic finance as a possible alternative.

  • islamic_norms_excel_time_value.pdf.jpg
  • Chapter in Book


  • Authors: Hasan, Zubair (2014)

  • This chapter adds to the series of writings on Islamic home financing presented and published by the author on the subject of compounding versus and Islamic Shari'ah-consistent requirement for computation to avoid continuos compounding. It spells out certain normas Islamic banks must observe in home financing, and demonstrates that the conventional time value formula in Excel does not the stated norms. Available in physical copy and ebook (Call Number: HG 3368 A6 R595L)

  • item.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2013)

  • This paper adds to the series of writings on Islamic home financing presented and published by the author since February 2010. It spells out certain norms Islamic banks must observe in home financing and demonstrates that the conventional model based on an Excel formula does not meet the stated norms. It may well be emphasized that in Islam the question of observing these norms arises before, and not after, the selection of the formula; additional juristic requirements may only follow subsequently. Is it not then strange many Islamic banks are using the formula to determine the periodic instalment payments in their home financing programs? The paper finds, for example, the popular Mus...

  • practice_Islamic_banking_system_Sudan_magda.pdf.jpg
  • Journal Article


  • Authors: Ismail Abdel Mohsin, Magda (2005)

  • This paper sheds light on the practice of Islamic banking system in Sudan. Its main objective is to show how successful the Islamic banking system in Sudan is and how this system succeeded in converting all existing banks into interest-free banks. Moreover, it emphasises the establishment of new Islamic banks in all the regions of Sudan and shows how those banks succeeded in minimising dealing with interest, attracting more depositors and financing the different sectors. To achieve this, the paper reviews the emergence of the Islamic banking system in Sudan within the last three decades, presents the structure and operations of the Sudanese Islamic banks, and highlights their contribu...

  • profit_loss_distribution_pool_management_framework_ibi_pakistan_progress_issues_implications_shahulhameed.pdf.jpg
  • Journal Article


  • Authors: Ayub, Muhammad; Mohamed Ibrahim, Shahul Hameed (2013)

  • Pakistan is among the three countries that opted for economy-wide transformation to Islamic financial system in 1980s, the other two being Iran and Sudan. But the ‘non-interest based’ banking system introduced in mid-eighties was declared un-Islamic by the ‘Federal Shar┘at Court’ because the same was largely based on ‘buy-back’ (bai‘ al-‘Inah) and sale of debt instruments (bai‘ al-dayn). In the new system introduced since December 2002, Islamic banking institutions (IBIs) operating in parallel with the conventional banks are using mu╔ārabah as the major mode to raise investment deposits from individuals as also the corporate sector. But based on the assumption that depositors’ risk to...

  • profit_sharing_ratios_mudaraba_contract_revisited_zubair.pdf.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2010)

  • This paper examines three interlinked issues: First, what is the current state of profit sharing in Islamic banking, that is, is the division of profi t between the banks and the depositors satisfactory? Second, can the profit sharing in a two-tier mudaraba contract give the same rate of return to depositors as the bank receives from the investment of their deposits in business? Finally, can the central bank use in some ways the profi t sharing ratio along with the rate of interest as an instrument for credit control in a dual banking system? The answer to the first two questions is in the negative. To the third, a tentative response is yes. The paper also suggests a policy tool the c...

  • impact_nominal_gdp_inflation_financial_performance_islamic_banks_malaysia_shaikh.pdf.jpg
  • Journal Article


  • Authors: Siew, Chun Hong; Shaikh Abdul Razak, Shaikh Hamzah (2015)

  • The aim of this paper is to analyse the financial performance of Islamic banks in Malaysia measured using ratio analysis of profitability, liquidity, credit risk and impaired financing performance. The study also includes determining the impact of nominal Gross Domestic Product (GDP) and inflation rates on the variables of profitability, liquidity, credit risk and impaired financing performance during the period spanning from year 2007 to year 2011. The result of regression shows that nominal GDP has significant impact on macroeconomic variables such as return on average asset, liquidity ratio and equity to net loans. Therefore, there areonly certain macroeconomic vari...