Because Islamic banks are prohibited from entering into transactions based on riba (interest), they mobilise funds mainly on the basis of the mudaraba (profit-sharing) form of contract. Thus, in the place of interest-bearing customer deposits, Islamic banks offer investment accounts the return...

This paper uses structural time series methodology to investigate seasonality factors for the returns of Kuwait stock market and its various sectors. The results indicate the existence of positive pre-summer seasonal factors for the market and most of the sectors, which can be explained by the...

Contents: Preface -- 1. The economics and epidemiology of epidemics and pandemic -- 2. Measures and determinants of the severity of covid-19 -- 3. The effects and consequences of covid-19 -- 4. Public policy response to the pandemic -- 5. Implications for democracy, militarism and international...

Contents: 1. The nature and evolution of econometrics -- 2. Components, functions and related disciplines -- 3. Econometrics as a science -- 4. The laws of economics and science -- 5. Econometric analysis: loopholes and shortcomings -- 6. Criticism of econometrics: Keynes, Leamer, Lucas and the...

Contents: Preface -- 1. War is a racket: in memory of Smedley Butler -- 2. The causes of war -- 3. War versus peace: the outcome of a binary process -- 4. Imperialism as an enterprise -- 5. Wars of aggression and false flags -- 6. War profiteering, the military-industrial complex and the deep...