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Corporate Governance and Ethics Compliance in Islamic Financial Institutions - Legal Perspectives

Sacarcelik, Osman - 2013

Corporate governance systems are continuously converging and inherently presuppose the predominance of law. Strong emphasis is put on checks and balances and monitoring systems. However, despite convergence tendencies there are also differences in corporate governance systems that often stem...

Persistent link: https://www.econbiz.de/10013072718

Financial Development and Economic Growth in GCC Countries : A Comparative Study between Islamic and Conventional Finance

Grassa, Rihab - 2014

Purpose – The purpose of this paper is to compare the effects of Islamic financial development and conventional financial development on the economic growth for five GCC countries (Bahrain, Kuwait, Qatar Saudi Arabia and UAE).Design/Methodology/Approach – Using generalized least squares, OLS...

Persistent link: https://www.econbiz.de/10013052638

Determinants of Islamic Banking Growth in Pakistan

Shaikh, Salman Ahmed Ahmed - 2014

Islamic banks using panel data for the period 2007-12. The results are consistent with theory and other studies conducted in …

Persistent link: https://www.econbiz.de/10013058475

The Interpretive and Relational Work of Financial Innovation : a Resemblance of Assurance in Islamic Finance

Pitluck, Aaron Z. - 2023

What social forces shape the trajectory of novel, moralized forms of finance such as social finance, green finance, or Islamic banking and finance? More broadly, how do agents mobilize arguments and organize each other to create any form of financial innovation? This article addresses both...

Persistent link: https://www.econbiz.de/10014362320

Islamic Capital Markets : Market Developments and Conceptual Evolution in the First Thirteen Years

McMillen, Michael J. T. - 2011

This paper considers the factors the allowed for the birth and facilitated the subsequent development of the equity side and the finance (or debt) side of the Islamic capital markets. The equity side of the Islamic capital markets began in 1998 with the issuance (after five years of debate) of a...

Persistent link: https://www.econbiz.de/10013128753

An Overview of Islamic Finance

Hussain, Mumtaz - 2015

owing to principles that govern Islamic financial activities, including equity, participation, and ownership. In theory …

Persistent link: https://www.econbiz.de/10013020271

The Procyclicality of Loan Loss Provisions in Islamic Banks

Soedarmono, Wahyoe - 2016

From a sample of Islamic banks around the world from 1997 to 2012, this paper examines whether loan loss provisioning in Islamic banks is procyclical. Our empirical findings highlight that loan loss provisioning in Islamic banks remains procyclical, although the ‘expected' loan loss model...

Persistent link: https://www.econbiz.de/10012991753

Liquidity Creation Performance and Financial Stability Consequences of Islamic Banking : Evidence from a Multinational Study

Berger, Allen N. - 2019

Despite the growth of Islamic banks (IBs), little is known about their liquidity creation performance and financial stability consequences relative to conventional banks (CBs). We address these issues using data from 24 countries over 2000–2014. We find IBs create more liquidity per unit of...

Persistent link: https://www.econbiz.de/10012897581

Economic Substance or Legal Form : An Evaluation of Islamic Finance Practice

Hanif, Muhammad - 2018

Murabaha, Ijarah, Diminishing Musharaka, Sukuk and Mudaraba (deposits), were selected to test against the theory of Islamic … financial system. It is found in the process that legally (legal form) contracts/products are in line with theory; however … contracts in line with theory of Islamic finance. Islamic finance is an emerging area and reasonably good amount of literature …

Persistent link: https://www.econbiz.de/10012938600

Dichotomy between Sharī‘ah Compliance and the Economic Goals of Islamic Finance Institutions

Ayub, Muhammad - 2019

Islamic banking has crossed the milestone of forty years since the Dubai Islamic Bank and the Islamic Development Bank were established in 1975. Islamic banking windows, standalone Islamic banking systems and even full-fledged Islamic banks, are operating as a part of global finance industry in...

Persistent link: https://www.econbiz.de/10012865377