Browsing by Topic Islamic finance

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Showing results 32 to 41 of 235
  • do_conventional_islamic_finance_share_common_epistemology_mirakhor_smolo.pdf.jpg
  • Industry Article


  • Authors: Mirakhor, Abbas; Smolo, Edib (2011)

  • Simply stated, epistemology deals with the question of what we know about a phenomenon and how do we know it. The practitioners use the term Islamic finance industry (IFI) to refer to their activities in designing and trading “Shari’ah-compliant” ways and means of financing. Taxonomically, industries in an economy belong to a sector and sectors belong to subsystems which in turn belong to a larger system. For example, a bank belongs to a banking industry which belongs to the financial sector which belongs to the financial subsystem which belongs to the larger economic system which, finally, belongs to an overall socio-political-economic system. Before the current inception of IFI, the...

  • dubai_financial_crisis_causes_bailout_after_case_study_hasan.pdf.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2010)

  • This paper explains the circumstances that led Dubai to the current financial crisis that still lingers. It analyses the steps taken at various stages by the city state to ameliorate the situation including the bailout help the UAE Government eventually granted. It spotlights the role international rating agencies played in aggravating the situation and demands that their activities be brought under regulatory nets now being strengthened across the world in the context of ongoing global meltdown. Finally, it warns of challenges Dubai may be facing in years ahead and what could be done to pre-empt them. The argument is cast with a backdrop of the economic position of UAE in the Middle-...

  • dynamics_islamic_financing_malaysia_causality_innovation_accounting_ibrahim_sukmana.pdf.jpg
  • Journal Article


  • Authors: Ibrahim, Mansor H.; Sukmana, Raditya (2011)

  • The article evaluates dynamic interactions between Islamic financing and macroeconomic and financial variables for Malaysia using the Toda-Yamamoto (1995) causality test and innovation accounting approach. The results suggest strong causal influences of interest rate on Islamic financing but insignificant causal relations from real stock prices or real production to Islamic financing. Thus, while the results suggest that Islamic financing in Malaysia is resilient to boom/bust cycles of the stock market or fluctuations in real activity, Islamic banks under a dual-banking environment are not spared from fluctuations in interest rate or monetary conditions of the country.

  • ecosystem_halal_industry_role_islamic_finance.pdf.jpg
  • Academic Presentation


  • Authors: Abdul Hamid, Baharom (2017)

  • The slides highlight: 1) overview of Islamic world on Islamic economic; 2) Halal industry and ecosystem; 3) key issues and challenges; 4) opportunities of halal industry.

  • 2009_july_8_education_traning_and_qualification_alhabshi.pdf.jpg
  • Academic Presentation


  • Authors: Alhabshi, Syed Othman (2009-07-08)

  • Finance used to be widely treated as part of economics which also encompasses personal, public and corporate finance. It is also considered as the science of fund management, spending, saving and budgeting. Hence it includes stocks, capital and money markets, unit trusts, asset management, etc. However, Islamic finance as is widely used today encompasses all of the above plus banking, takaful, wealth planning, capital and money markets and all activities related to them as well.

  • effectiveness_shariah_committees_Malaysian_Islamic_financial_institutions_practical_perspective_shamsher_zulkarnain.pdf.jpg
  • Journal Article


  • Authors: Ramadili Mohd, Shamsher Mohamad; Muhamad Sori, Zulkarnain (2016-07-13)

  • An effective system of rules, practices and processes by which Islamic Financial Institutions (IFIs) are directed and controlled to ensure their business operations are Shariah-compliant has important implications on their reputation and their future growth. The Shariah Committee is a mandated requirement by the central bank on every Islamic Financial Institution (IFI) to ensure the expected level of Shariah-compliance in their business operations. Unlike their conventional counterparts that focus only on maximizing the wealth of shareholders, IFIs has an extra responsibility to protect the interests of all stakeholders (including shareholders) and ensure that no injustice of any kind...

  • item.jpg
  • PhD


  • Authors: Abdul Razak, Ahmad Lutfi (2019)

  • In the aftermath of the Global Financial Crisis of 2008-2009 , there has been increased scrutiny in the way that credit rating agencies (CRAs) have conducted credit risk analysis. Through the UN-supported Principles for Responsible Investments (PRJ), a growing number of investors and CRAs have collaborated to enhance the systematic and transparent consideration of environmental, social and governance (ESG) factors in the assessment of corporate creditworthiness. While there exists a burgeoning literature that examines the relationship between corporate social performance (CSP) and credit risk, there are several prevailing issues. Firstly, previous studies of CSP have relied on measure...

  • IF_Hub_Issue_1_Elimination_of_riba_Ahmed.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Mohamed Dahir, Ahmed (2017)

  • With financial turmoil of 2007 to 2009, the collapse of Wall Street on 28th October 1929 known as 'Black Monday', economic disaster also known as 'Great Depression' shook the capitalistic economy brutally and compelled many economists as well as societal intellectuals to find solution and reconcile carefully the soundness of the economic system. Consequently, the world experienced several severe economic disasters, which stimulated serious thinking on economic matters (ul Hassan, 2005). With the failure of communism, capitalism had spread, many people think that capitalism in which interest plays a very important role, is the best economic system for the present world. These include b...

  • emerging_entrepreneurship_development_challenges_opportunities_Malaysian_smes_baharom_abdul_hamid.pdf.jpg
  • Academic Presentation


  • Authors: Abdul Hamid, Baharom (2012)

  • In the last few years, SMEs have witnessed a marked improvement in their performance. Real Gross Domestic Product (GDP) of SMEs has consistently outperformed that of the overall economy, expanding at an average annual growth rate of 6.8% versus 4.9% for the overall economic growth in the period 2004 - 2010.

Browsing by Topic Islamic finance

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 32 to 41 of 235
  • do_conventional_islamic_finance_share_common_epistemology_mirakhor_smolo.pdf.jpg
  • Industry Article


  • Authors: Mirakhor, Abbas; Smolo, Edib (2011)

  • Simply stated, epistemology deals with the question of what we know about a phenomenon and how do we know it. The practitioners use the term Islamic finance industry (IFI) to refer to their activities in designing and trading “Shari’ah-compliant” ways and means of financing. Taxonomically, industries in an economy belong to a sector and sectors belong to subsystems which in turn belong to a larger system. For example, a bank belongs to a banking industry which belongs to the financial sector which belongs to the financial subsystem which belongs to the larger economic system which, finally, belongs to an overall socio-political-economic system. Before the current inception of IFI, the...

  • dubai_financial_crisis_causes_bailout_after_case_study_hasan.pdf.jpg
  • Journal Article


  • Authors: Hasan, Zubair (2010)

  • This paper explains the circumstances that led Dubai to the current financial crisis that still lingers. It analyses the steps taken at various stages by the city state to ameliorate the situation including the bailout help the UAE Government eventually granted. It spotlights the role international rating agencies played in aggravating the situation and demands that their activities be brought under regulatory nets now being strengthened across the world in the context of ongoing global meltdown. Finally, it warns of challenges Dubai may be facing in years ahead and what could be done to pre-empt them. The argument is cast with a backdrop of the economic position of UAE in the Middle-...

  • dynamics_islamic_financing_malaysia_causality_innovation_accounting_ibrahim_sukmana.pdf.jpg
  • Journal Article


  • Authors: Ibrahim, Mansor H.; Sukmana, Raditya (2011)

  • The article evaluates dynamic interactions between Islamic financing and macroeconomic and financial variables for Malaysia using the Toda-Yamamoto (1995) causality test and innovation accounting approach. The results suggest strong causal influences of interest rate on Islamic financing but insignificant causal relations from real stock prices or real production to Islamic financing. Thus, while the results suggest that Islamic financing in Malaysia is resilient to boom/bust cycles of the stock market or fluctuations in real activity, Islamic banks under a dual-banking environment are not spared from fluctuations in interest rate or monetary conditions of the country.

  • ecosystem_halal_industry_role_islamic_finance.pdf.jpg
  • Academic Presentation


  • Authors: Abdul Hamid, Baharom (2017)

  • The slides highlight: 1) overview of Islamic world on Islamic economic; 2) Halal industry and ecosystem; 3) key issues and challenges; 4) opportunities of halal industry.

  • 2009_july_8_education_traning_and_qualification_alhabshi.pdf.jpg
  • Academic Presentation


  • Authors: Alhabshi, Syed Othman (2009-07-08)

  • Finance used to be widely treated as part of economics which also encompasses personal, public and corporate finance. It is also considered as the science of fund management, spending, saving and budgeting. Hence it includes stocks, capital and money markets, unit trusts, asset management, etc. However, Islamic finance as is widely used today encompasses all of the above plus banking, takaful, wealth planning, capital and money markets and all activities related to them as well.

  • effectiveness_shariah_committees_Malaysian_Islamic_financial_institutions_practical_perspective_shamsher_zulkarnain.pdf.jpg
  • Journal Article


  • Authors: Ramadili Mohd, Shamsher Mohamad; Muhamad Sori, Zulkarnain (2016-07-13)

  • An effective system of rules, practices and processes by which Islamic Financial Institutions (IFIs) are directed and controlled to ensure their business operations are Shariah-compliant has important implications on their reputation and their future growth. The Shariah Committee is a mandated requirement by the central bank on every Islamic Financial Institution (IFI) to ensure the expected level of Shariah-compliance in their business operations. Unlike their conventional counterparts that focus only on maximizing the wealth of shareholders, IFIs has an extra responsibility to protect the interests of all stakeholders (including shareholders) and ensure that no injustice of any kind...

  • item.jpg
  • PhD


  • Authors: Abdul Razak, Ahmad Lutfi (2019)

  • In the aftermath of the Global Financial Crisis of 2008-2009 , there has been increased scrutiny in the way that credit rating agencies (CRAs) have conducted credit risk analysis. Through the UN-supported Principles for Responsible Investments (PRJ), a growing number of investors and CRAs have collaborated to enhance the systematic and transparent consideration of environmental, social and governance (ESG) factors in the assessment of corporate creditworthiness. While there exists a burgeoning literature that examines the relationship between corporate social performance (CSP) and credit risk, there are several prevailing issues. Firstly, previous studies of CSP have relied on measure...

  • IF_Hub_Issue_1_Elimination_of_riba_Ahmed.pdf.jpg
  • Newsletter & Bulletin


  • Authors: Mohamed Dahir, Ahmed (2017)

  • With financial turmoil of 2007 to 2009, the collapse of Wall Street on 28th October 1929 known as 'Black Monday', economic disaster also known as 'Great Depression' shook the capitalistic economy brutally and compelled many economists as well as societal intellectuals to find solution and reconcile carefully the soundness of the economic system. Consequently, the world experienced several severe economic disasters, which stimulated serious thinking on economic matters (ul Hassan, 2005). With the failure of communism, capitalism had spread, many people think that capitalism in which interest plays a very important role, is the best economic system for the present world. These include b...

  • emerging_entrepreneurship_development_challenges_opportunities_Malaysian_smes_baharom_abdul_hamid.pdf.jpg
  • Academic Presentation


  • Authors: Abdul Hamid, Baharom (2012)

  • In the last few years, SMEs have witnessed a marked improvement in their performance. Real Gross Domestic Product (GDP) of SMEs has consistently outperformed that of the overall economy, expanding at an average annual growth rate of 6.8% versus 4.9% for the overall economic growth in the period 2004 - 2010.