Asia faces very large infrastructure funding demands, estimated at around US$750 billion per year for energy, transport, telecommunications, water, and sanitation during 20102020 (ADB/ADBI 2009). Asia has large savings, significant international reserves, and rapid accumulations of funds that...

Purpose – The purpose of this paper is to examine the short-run and the long-run relationships between Islamic banking development and economic growth in the case of Indonesia. Design/methodology/approach – Using quarterly data (2003:1-2010:2), this paper utilizes the bound testing approach...

Islamic banking has undergone tremendous growth in the past decade. This study purports to analyze the growth and development scenario of Islamic banking in Pakistan for financial year 2003-2010 in terms of performance indicators and growth parameters like deposits, capital funds, branch...

The hyper-competition on the higher education market forces universities to focus their creativity and resources towards a unique and valuable asset called network marketing. The existence of such a network, consisting of customers, university and community partners, involves the use of a...

For most of the people the prohibition on interest is the well known part of Islamic finance. Indeed, the concept of Islamic finance was not being discussed enough till financial crisis, after crisis it started to be seen as an alternative financial system for conventional finance. Sharing the...

This study aims to investigate the relative efficiency amongst Islamic banks in selected OIC member countries from 2002 to 2006, by observing performance of 25 Islamic banks in 14 countries. It employs DEA method by using intermediation approach. Additionally, regression is used to find the...

This a critical evaluation of the book entitled Risk analysis for Islamic banks by Hennie Van Greuning and Zamir Iqbal. It applies the modern methods of risk avoidance to Islamic banks wherever pertinent, or suggests alternative in cases where they are not applicable to Islamic banks because of...

Purpose – The main purpose of this paper is to provide a comprehensive review of musharakah mutanaqisah (MM; diminishing partnership) technique and its potentials for Islamic financial institutions. Design/methodology/approach – Based on an extensive literature review, this paper aims to...

Purpose – The purpose of this paper is to illuminate issues surrounding executive compensation as it relates to current understandings of Islamic business law. Design/methodology/approach – The emerging bodies of literature in the fields of executive compensation and opinions of stock...

The paper analyses Islamic finance from the central bank and supervisory authority�s perspective, focusing on the European and Italian context. It depicts a rapidly expanding sector, with recent annual growth rates of between 10 and 15 percent and a geographical presence that now reaches...