Browsing by Topic Islamic economics

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Showing results 7 to 16 of 90
  • item.jpg
  • Master


  • Authors: Hasnul, Al Gifari (2017)

  • The topic of poverty and inequality is still a central discussion among the economist. The current efforts in fighting poverty and inequality, which are considered unsuccessful, has motivated the economist and policy makers to find new ideas and strategies in combatting poverty and inequality. At the same time, the area of economic freedom is increasingly being discussed and linked with other major economic areas. This paper aims to examine the relationship between economic freedom and poverty as well as inequality ... Available in physical copy only (Call Number: t HC 59.72 P6 H352)

  • item.jpg
  • Chapter in Book


  • Authors: Cizakca, Murat (2006)

  • The tragic events in our post 9/11 world disguise the fact that Islam and the West have actually been in a symbiotic relationship over the very long period. Cross-cultural institutional borrowing has constituted a major component of this symbiosis. I intend to focus in this paper on the way these civilizations borrowed important economic institutions from each other. The paper will start with a brief theoretical model explaining the process of cross-cultural institutional borrowing. This will then be followed by an account of the economic institutions actually borrowed.

  • Current_account_exchange_rate_dynamics_and_the_predictability_mansur.pdf.jpg
  • Journal Article


  • Authors: Baharumshah, Ahmad Zubaidi; Mohammed Masih, Abul Mansur (2004)

  • The East Asian financial crisis indicated that one of the factors that played a critical role in affecting the exchange rate of a country was its current account balance. This paper attempts to investigate this hypothesis. The Singaporean dollar (SD) and the Malaysian ringgit (RM) against the yen are taken as case studies. Our analysis is based on the recent cointegration method and we examine two issues. First, whether the exchange rates are cointegrated with the fundamentals as predicted by economic theory. Our focus was to investigate whether the exchange rate movements are affected by the economic fundamentals, particularly the current account balance. Our findings suggest that t...

  • defense_spending_economic_growth_nexus_selected_OIC_countries_long-run_causality_analysis_baharom.pdf.jpg
  • Journal Article


  • Authors: Habibullah, Muzafar Shah; Mohd Tahir, Hirnissa; Abdul Hamid, Baharom (2013)

  • This paper investigates the long run Granger causality between defense spending and economic growth for 20 selected Organization of Islamic Countries (OIC) by employing the Error-Correction Model (ECM) framework using annual data for the period 1960 to 2005. defense spending (milex) is measured using the ratio of defense spending to gross domestic product (GDP); while economic growth (rgdpc) is proxy by the real GDP per capita. The results of our study indicated that one way long run Granger causality was found running from economic growth to defense spending for Burkina Faso, Indonesia, Kuwait, Saudi Arabia, Sudan, Togo and Turkey. On the other hand, one way long run Granger causalit...

  • democracy_economic_development_maqasid.pdf.jpg
  • Chapter in Book


  • Authors: Cizakca, Murat (2014)

  • The statistics shows that of the richest top 20 countries in 2003, 19 were capitalist democracies. This article, thus, attempts to assess the potential association between economic development/ capitalism and democracy. In arguing for a positive nexus between the two, it also aims to locate the historical roots of this relationship. In doing so, the paper argues that Western capitalism historically evolved from market economy and capitalism developed under Islamic civilizations, which preceded the modern nature of Western capitalism by at least six hundreds years. It also argues that fundamental principles of modern democracy can be traced back to political structure of the initial Is...

  • item.jpg
  • Master


  • Authors: Wang, Miao (2016)

  • FDI is the central topic of contemporary economics. Its role in propping up the economy has long been demonstrated, and the FDI inflow is thus competed fiercely by OIC member countries for the sake of economic development. To succeed in bringing in FDI, however, requires governments to identify and analyze the determinant factors of FDI. For this purpose, we use multilinear regression to process the data of FDI and its possible determinants variables within the OIC members from 1992 to 2010 ... Kindly email to kmc@inceif.org to access the item.

  • item.jpg
  • PhD


  • Authors: Rasul, Rosnani (2017)

  • Understanding the determinants of portfolio investment inflows is imperative in a region highly susceptible to large amount of capital inflows like ASEAN. And to formulate the right policy, intervention and upgrade, ASEAN needs to have a good grasp on these determinants before it can manage volatile capital flows and the accompanying disruptive potential. Although a number of studies focusing on the drivers of gross capital inflows into EMEs has been established, one on ASEAN's has been largerly left out. The need for studying gross inflows is simple, as its movement has direct implication on financial stability and the vulnerability of the overall financial system. Available in p...

  • PhD_Determinants_of_wellbeing_Maznita_Mokhtar.pdf.jpg
  • PhD


  • Authors: Mokhtar, Maznita (2017)

  • GDP, often the proxy to measure progress in policy implementations, does not fully reflect the wellbeing of a nation, although it may be one of the contributing factors. Applying an estimation model based on panel data of 22 sample countries, we illustrate that wellbeing in general can be improved with intrinsic growth, influenced by economic stability, demand composition and sectoral composition. Additionally, key economic and quality of life factors - such as, broader income distribution, lower housing prices, lower infant mortality, effective health expenditure, higher education attainment and broadband access - are significant to households ... Available in physical copy and do...

  • do_cost_efficiency_affects_liquidity_risk_in_banking_eskandar.pdf.jpg
  • Journal Article


  • Authors: Mohd Amin, Syajarul Imna; Ramadili Mohd, Shamsher Mohamad; Mohd Rasid, Mohamed Eskandar Shah (2017)

  • Cost efficiency plays a significant role in bank risk taking behaviour. This paper examines the effect of cost efficiency on the liquidity risk of Islamic banks and conventional banks in 16 OIC countries from 1999 to 2013. The findings suggest that cost efficiency has a positive effect on liquidity risk. Other significant factors of liquidity risk include capital, bank specialization, credit risk, profitability, size, GDP and inflation whereas market concentration is not significant contributor to banking liquidity risk. There is weak evidence to support the notion that Islamic banks have higher level of liquidity risk than conventional banks. The findings imply the need to provide li...

Browsing by Topic Islamic economics

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 7 to 16 of 90
  • item.jpg
  • Master


  • Authors: Hasnul, Al Gifari (2017)

  • The topic of poverty and inequality is still a central discussion among the economist. The current efforts in fighting poverty and inequality, which are considered unsuccessful, has motivated the economist and policy makers to find new ideas and strategies in combatting poverty and inequality. At the same time, the area of economic freedom is increasingly being discussed and linked with other major economic areas. This paper aims to examine the relationship between economic freedom and poverty as well as inequality ... Available in physical copy only (Call Number: t HC 59.72 P6 H352)

  • item.jpg
  • Chapter in Book


  • Authors: Cizakca, Murat (2006)

  • The tragic events in our post 9/11 world disguise the fact that Islam and the West have actually been in a symbiotic relationship over the very long period. Cross-cultural institutional borrowing has constituted a major component of this symbiosis. I intend to focus in this paper on the way these civilizations borrowed important economic institutions from each other. The paper will start with a brief theoretical model explaining the process of cross-cultural institutional borrowing. This will then be followed by an account of the economic institutions actually borrowed.

  • Current_account_exchange_rate_dynamics_and_the_predictability_mansur.pdf.jpg
  • Journal Article


  • Authors: Baharumshah, Ahmad Zubaidi; Mohammed Masih, Abul Mansur (2004)

  • The East Asian financial crisis indicated that one of the factors that played a critical role in affecting the exchange rate of a country was its current account balance. This paper attempts to investigate this hypothesis. The Singaporean dollar (SD) and the Malaysian ringgit (RM) against the yen are taken as case studies. Our analysis is based on the recent cointegration method and we examine two issues. First, whether the exchange rates are cointegrated with the fundamentals as predicted by economic theory. Our focus was to investigate whether the exchange rate movements are affected by the economic fundamentals, particularly the current account balance. Our findings suggest that t...

  • defense_spending_economic_growth_nexus_selected_OIC_countries_long-run_causality_analysis_baharom.pdf.jpg
  • Journal Article


  • Authors: Habibullah, Muzafar Shah; Mohd Tahir, Hirnissa; Abdul Hamid, Baharom (2013)

  • This paper investigates the long run Granger causality between defense spending and economic growth for 20 selected Organization of Islamic Countries (OIC) by employing the Error-Correction Model (ECM) framework using annual data for the period 1960 to 2005. defense spending (milex) is measured using the ratio of defense spending to gross domestic product (GDP); while economic growth (rgdpc) is proxy by the real GDP per capita. The results of our study indicated that one way long run Granger causality was found running from economic growth to defense spending for Burkina Faso, Indonesia, Kuwait, Saudi Arabia, Sudan, Togo and Turkey. On the other hand, one way long run Granger causalit...

  • democracy_economic_development_maqasid.pdf.jpg
  • Chapter in Book


  • Authors: Cizakca, Murat (2014)

  • The statistics shows that of the richest top 20 countries in 2003, 19 were capitalist democracies. This article, thus, attempts to assess the potential association between economic development/ capitalism and democracy. In arguing for a positive nexus between the two, it also aims to locate the historical roots of this relationship. In doing so, the paper argues that Western capitalism historically evolved from market economy and capitalism developed under Islamic civilizations, which preceded the modern nature of Western capitalism by at least six hundreds years. It also argues that fundamental principles of modern democracy can be traced back to political structure of the initial Is...

  • item.jpg
  • Master


  • Authors: Wang, Miao (2016)

  • FDI is the central topic of contemporary economics. Its role in propping up the economy has long been demonstrated, and the FDI inflow is thus competed fiercely by OIC member countries for the sake of economic development. To succeed in bringing in FDI, however, requires governments to identify and analyze the determinant factors of FDI. For this purpose, we use multilinear regression to process the data of FDI and its possible determinants variables within the OIC members from 1992 to 2010 ... Kindly email to kmc@inceif.org to access the item.

  • item.jpg
  • PhD


  • Authors: Rasul, Rosnani (2017)

  • Understanding the determinants of portfolio investment inflows is imperative in a region highly susceptible to large amount of capital inflows like ASEAN. And to formulate the right policy, intervention and upgrade, ASEAN needs to have a good grasp on these determinants before it can manage volatile capital flows and the accompanying disruptive potential. Although a number of studies focusing on the drivers of gross capital inflows into EMEs has been established, one on ASEAN's has been largerly left out. The need for studying gross inflows is simple, as its movement has direct implication on financial stability and the vulnerability of the overall financial system. Available in p...

  • PhD_Determinants_of_wellbeing_Maznita_Mokhtar.pdf.jpg
  • PhD


  • Authors: Mokhtar, Maznita (2017)

  • GDP, often the proxy to measure progress in policy implementations, does not fully reflect the wellbeing of a nation, although it may be one of the contributing factors. Applying an estimation model based on panel data of 22 sample countries, we illustrate that wellbeing in general can be improved with intrinsic growth, influenced by economic stability, demand composition and sectoral composition. Additionally, key economic and quality of life factors - such as, broader income distribution, lower housing prices, lower infant mortality, effective health expenditure, higher education attainment and broadband access - are significant to households ... Available in physical copy and do...

  • do_cost_efficiency_affects_liquidity_risk_in_banking_eskandar.pdf.jpg
  • Journal Article


  • Authors: Mohd Amin, Syajarul Imna; Ramadili Mohd, Shamsher Mohamad; Mohd Rasid, Mohamed Eskandar Shah (2017)

  • Cost efficiency plays a significant role in bank risk taking behaviour. This paper examines the effect of cost efficiency on the liquidity risk of Islamic banks and conventional banks in 16 OIC countries from 1999 to 2013. The findings suggest that cost efficiency has a positive effect on liquidity risk. Other significant factors of liquidity risk include capital, bank specialization, credit risk, profitability, size, GDP and inflation whereas market concentration is not significant contributor to banking liquidity risk. There is weak evidence to support the notion that Islamic banks have higher level of liquidity risk than conventional banks. The findings imply the need to provide li...