In this article we contribute to the recent debate on the difference between Islamic bonds (Sukuk) and conventional bonds by investigating returns and volatility spillovers of Sukuk and global bonds with equities. The dynamic spillover index methodology proposed by Diebold and Yilmaz (2012)...

The purpose of this study is to develop a better understanding of how Islamic development policy making and makers have made meaning of the central issues of development and progress as expressed in the body of theory and practice that makes up the development field. Interestingly, this study...

Subsequent to the 2008 global crisis, Basel III has proposed some major changes to the Basel II banking regulations, such as increases in Tier 1 capital, mandatory and discretionary capital buffers, and new liquidity ratios. In this paper we provide a comparative study of the Islamic versus...

Objective - This research was aimed to examine the curriculum of Islamic Economics of Faculty of Islamic Studies and of Economics of Faculty of Economics, both in Islamic University of Indonesia to oversee whether it is relevant with the need of human resources in the ASEAN Economic Community...

This paper empirically investigates the difference of the performance between shari'ah-based and non shari'ah-based IPO firms. The sample made IPOs in the Jakarta Stock Exchange (JSX) between July 2001 and December 2005. The sample consists of 8 shari'ah-based and 37 non shari'ah-based IPO...

The dominant effect of the global financial shockwaves ravaging the whole of Europe is becoming proverbial in the history of world economic crises. This has been largely due to untoward economic policies that have negatively impacted most economies in Europe. The recent European sovereign debt...

This research analyzes the constraints in Islamic insurance (takaful) and its impact on performance of takaful operators/industry operating in Islamic countries. It is a qualitative research as it reviews a lots of literatures for identifying issues in a takaful industry of Islamic countries....