It is generally argued that Islamic banks are safer than conventional banks. The prime reason is their product structure that is essentially asset-backed financing. Research studies prior to recent global financial crisis have generally concluded that the performance of Islamic banks have been...

This paper deals with the question: How to evaluate company liquidity? It presents a new framework to evaluate company liquidity, from the point of view of an outside analyst. It talks of liquidity indices instead of conventional current ratio or liquid ratio

The relatively new sukuk (or Islamic debt securities) markets have grown to more than US $800 billion over the past decade, and continue to grow at a rate of around 20-30 per cent per year. Arguably the first of its kind, this path-breaking book provides a highly unique reference tool relating...

The relatively new sukuk (or Islamic debt securities) markets have grown to more than US $800 billion over the past decade, and continue to grow at a rate of around 20-30 per cent per year. Arguably the first of its kind, this path-breaking book provides a highly unique reference tool relating...

From a single product offering in 1963, the Islamic financial services industry has grown to an estimated $1.6 trillion in assets. Products must comply with profit and risk-sharing criteria and regulations preventing banks from venturing into activities with high risk and excessive uncertainty....