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Pasar Malam (Night bazar) and Pasar Paghi (Morning bazar) are grassroots microenterprises in Malaysia and Indonesia. They combine traditional approach with the scope of modernizing to develop beyond restrained bounds. This chapter recognizes the potential for further organized ways of developing...
Persistent link: https://www.econbiz.de/10014092651
In the past half century Islamic economics was eclipsed by Islamic finance movement. Gradually Islamic economics has taken a back seat without any economy to back it up empirically. Although Islamic finance emerged as an offshoot of Islamic economics and with the blessing and advocacy from...
Persistent link: https://www.econbiz.de/10013071173
This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries … (i) determined the economic aspects of the religious doctrine upon which Islam was formed, and (ii) shaped its subsequent … had to remain within limits for Islam to persist. This was instituted via restrictions on physical capital accumulation …
Persistent link: https://www.econbiz.de/10013141926
central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating …
Persistent link: https://www.econbiz.de/10013056956
This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries … (i) determined the economic aspects of the religious doctrine upon which Islam was formed, and (ii) shaped its subsequent … had to remain within limits for Islam to persist. This was instituted via restrictions on physical capital accumulation …
Persistent link: https://www.econbiz.de/10013137863
In this paper we study the effect of an Islamic label on corporate governance. Listed firms with an Islamic label (Islamic firms) are characterized by low leverage. Because recent evidence indicates that leverage can act as a substitute for good governance, it is tempting to expect these Islamic...
Persistent link: https://www.econbiz.de/10012909806
Faith-based mutual funds have recently become a growing corner of the mutual fund industry, where morality and ethics is thought to exert an influence on investors’ decisions. While Islamic funds have grown, it is not entirely clear whether investors are drawn to these funds due to their own...
Persistent link: https://www.econbiz.de/10014236448
of Economics and certain fundamental concepts of Islam in order to obtain novel and holistic insights about humanity and … assumptions of Economics are consistent with Islamic thought. When assumptions of Economics and concepts of Islam are used as …
Persistent link: https://www.econbiz.de/10013314243
In this paper I consider how individuals allocate their time between church attendance (and other religious activities) and secular leisure activities. Moreover individuals use a cognitive style, which is either intuitive-believing or reflective-analytical. I assume that the full benefit from...
Persistent link: https://www.econbiz.de/10011436728
Persistent link: https://www.econbiz.de/10011537500