The prime activity of a bank is to lend money and earn profits in the form of interest but by doing so the money is exposed to the risk of default where the borrower is not able to pay the money back in specified period or becomes insolvent. The research study carried out at HDFC Bank under the...

Purpose: Using data from World Bank and Global Islamic Finance Report, this paper aims to compare the performance of countries following Islamic and conventional finance system in terms of financial inclusion and FinTech. Design/methodology/approach: Ten countries from both financial systems...

Purpose: This paper aims to explore Islamic finance’s resilience in times of financial crisis and considers Islamic finance’s viability as an alternative to the current financial system. Design/methodology/approach: Established on a review of theoretical aspects underlying the notion of...

Purpose This paper aims to provide comprehensive review of Islamic housing finance models. The paper provides detailed mechanism and solution to contemporary issues of these models.. Design/methodology/approach This paper is conceptual in nature. Based on an extensive study of literature, this...

Crowdfunding has emerged as an alternative financing tool in recent years. The growth of crowdfunding platforms is a clear elucidation of its acceptance by the people involved in seeking and contributing funds. For Malaysian customers who mostly prefer Islamic financing and banking, crowdfunding...

Crowdfunding has broken the barriers between an aspiring entrepreneur and financial markets. Kickstarter, a leading crowdfunding platform, which works on the ‘all-or-nothing’ model, provides various facilities to the project owners to gather the funds from the contributors in return of a...

The decision of an immediate lockdown in India had put economic, social and religious activities to a grinding halt. The paper examines the impact of lockdown and social distancing policies on economic activities in India using a multivariate econometric model of the data collected for the...

Participation in the political process is the fundamental right and responsibility of a citizen. Online political participation has gained popularity as it is convenient and effective. Political crowdfunding helps political candidates and parties pledge funds, usually small, from a large...

The decision of an immediate lockdown in India had put economic, social and religious activities to a grinding halt. The paper examines the impact of lockdown and social distancing policies on economic activities in India using a multivariate econometric model of the data collected for the...