Showing 1 - 10 of 29
Purpose – The desirability of financial reform to avoid another financial melt‐down is widely accepted, but the likelihood of reform is uncertain. The purpose of this paper is to present a case study of evolution and reform attempts at US mortgage giants Fannie Mae and Freddie Mac and...
Persistent link: https://www.econbiz.de/10014865545
The well‐known modes of raising and mobilizing venture capital in Islam known as mudarabah and musharakah (m&m) in Islamic economics are critically examined. In the form as m&m presently exist, they are pointed out to be pre‐Islamic financing instruments that came into usage in the Islamic...
Persistent link: https://www.econbiz.de/10014862966
inflationary finance is determined endogenously through a dynamic game between an optimising central bank which attempts to …
Persistent link: https://www.econbiz.de/10014862968
policies to finance the budget using the Zakat and seigniorage.  …
Persistent link: https://www.econbiz.de/10014862971
Islamic perspective. This paper also examines Islamic finance as an alternative financial system and a potential long … alternative and a solution to this dilemma in the form of Islamic finance and stresses the stability of the Islamic finance system …/value – This paper contributes to the understanding of Islamic finance principles and its value as a solution to the current and …
Persistent link: https://www.econbiz.de/10014826520
light of the Islamic finance literature and the general attitude and approach of the Islamic finance industry and its … advocates. Design/methodology/approach – Based on an expanding theoretical and empirical knowledge base about Islamic finance … of the behavior of the Islamic finance industry, it seems that the industry's current practices are either neutral to the …
Persistent link: https://www.econbiz.de/10014826560
Purpose – Islamic finance and socially responsible investing (SRI) have been two of the most rapidly growing areas of … finance over the last two decades. During this period, they have each grown at rates that far exceed that of the financial …. Findings – Islamic finance has grown at a very impressive rate over the last two decades, but the Islamic fixed income market …
Persistent link: https://www.econbiz.de/10014827050
pledge) in relation to 'aqd (within the sphere of Islamic finance), and compare it with the conventional viewpoint, while … Islamic finance. The first advocate who called for the practice of the binding promise in commutative financial contracts was … finance, such as replicating conventional short selling, structuring FOREX markets option and even operating in a double wa …
Persistent link: https://www.econbiz.de/10014781632
This paper examines the cyclical regularities of macroeconomic, financial and property market aggregates in relation to the property stock price cycle in the UK. The Hodrick Prescott filter is employed to fit a long‐term trend to the raw data, and to derive the short‐term cycles of each...
Persistent link: https://www.econbiz.de/10014897983
Examines the new system of collection of payments in international and community sales by direct debit. Refers to English law and some EC opinions related to the issue. Highlights the legal pitfalls and suggests ways to maximize business planning in this regard. Identifies the procedure involved...
Persistent link: https://www.econbiz.de/10014713477