This PhD research will examine the development, performance and impact of Malaysian REITs in the local, Asian and global REIT investment market; particularly focusing on Islamic REITs in Malaysia. This issue is important as REITs have emerged as a topic of considerable interest to the academic...

In this paper a model based analysis of competition in the German wholesale electricity market is presented. Applying a multi-regional model which covers the interregional transmission constraints between Germany and its neighboring countries, potential for exercising market power by the four...

Islamic finance – financial institutions, products and services designed to comply with the central tenets of Sharia (Islamic law) – is one of the most rapidly growing segments in global financial services. However, despite its growing importance, it is only relatively recently that attempts...

The Islamic law prohibits charging and paying of interest but allowsearning profits on the basis of participation in the market. This legal injunctionhas motivated the establishment and successful operation of a number ofIslamic financial institutions. The emergence and rise of these...

With the advent of digital convergence, incumbent telephone and cable companies have begun to offer their services, such as voice telephony, Internet and TV in so-called triple play packages. While carefully recognizing the technological, legal and economic framework of the fixed-line...

This paper shows that generators exercised increasing market power in the England and Wales wholesale electricity market in the second half of the 1990s despite declining market concentration. It examines whether this was consistent with static, non-cooperative oligopoly models, which are widely...

This paper analyses the economics of long-term gas contracts under changing institutional conditions, mainly gas sector liberalisation. The paper is motivated by the increasingly tense debate in continental Europe, UK and the US on the security of long-term gas supply. We discuss the main issues...

In the recent past, the concentration of seed maize processing and marketing in Kenya has raised serious public concerns. The inability of this industry to ensure affordable prices of certified seed maize for the farming community has led policy makers to question its market behaviour. In spite...