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Management of Islamic Finance : Principle, Practice, and Performance.

In this issue, we have presented issues relevant to the most recent debate on the performance, practices, and principles of the Islamic finance industry as a whole, covering eleven distinct issues.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Hassan, M. Kabir
Otros Autores: Rashid, Mamunur
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Bingley : Emerald Publishing Limited, 2018.
Colección:International Finance Review Ser.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Intro; Contents; List of Contributors; About the Editors; Introduction; 1. Introduction; 2. This Issue; 3. Future Directions; References; Chapter 1: Investigating International Portfolio Diversification Opportunities for the Asian Islamic Stock Market Investors; 1. Introduction; 2. Literature Review; 2.2. International Portfolio Diversification; 2.3. Time-varying and Time-scale-dependent Correlations; 2.4. Islamic Stocks and Portfolio Diversification; 3. Theoretical Underpinnings; 4. The Applied Methodology; 4.1. MGARCH and DCC; 4.2. Maximum Overlap Discrete Wavelet Transformation.
  • 4.3. CWT and Wavelet Coherence5. Data Analysis and Empirical Results; 5.1. Descriptive Statistics; 5.2. Research Question 1: Should the Asian Islamic Stock Market Investors Invest in USA, European, or BRIC Markets to Gain International Portfolio Diversification Benefits?; 5.3. Research Question 2: Given the Answer from the Previous Research Question, How would the International Portfolio Diversification Strategy Change Given Different Investor Stock Holding Periods (e.g., 2-4 Days, 4-8 Days, 8-16 Days, etc.)?; 5.4. Robustness and Validation of Results
  • Application of MODWT.
  • 5.5. Summary of the Empirical Results6. Conclusion; References; Appendix 1. M-GARCH/DCC Applied Tests and Results; Chapter 2: Islamic Banks' Resilience to Systemic Risks: Myth or Reality-Evidence from Bangladesh; 1. Introduction; 2. Theoretical Basis for the Unique Risk Features of Islamic Banks; 2.1. The Prohibition of Interest and Usury (Riba); 2.2. Islamic Financial Arrangements; 2.3. Restrictions on Money for Money Transactions; 2.4. Prohibition of Excessive Uncertainty (Gharar) and Ư Speculative Behavior (Maysir); 2.5. Prohibition of Shariah Non-Halal (Haram) Transactions.
  • 3. Empirical Evidence for the Stability of Islamic Banks4. Systemic Risk Definitions and Measurements; 5. Comments on Systemic Risk Literature; 6. Methodology; 6.1. Data; 6.2. Risk Measures; 7. Results; 8. Conclusions; References; Chapter 3: Satisfaction with Islamic Microcredit Institutions: A Borrower-Centric Approach; 1. Introduction; 2. Literature Review and Hypotheses Development; 3. Data and Methodology; 3.1. Data Collection Process and Instruments; 3.2. Analyses and Procedures; 4. Results and Discussions; 4.1. Reliability; 4.2. Content Validity.
  • 4.3. EFA, Convergent, and Discriminant Validity4.4. Sampling Adequacy, Sampling Bias, and Multi-Collinearity Problem; 4.5. Determinants of Overall Satisfaction of Microcredit Borrowers; 5. Discussion, Policy Implications, and Limitations of the Study; 5.1. Discussion of the Findings; 5.2. Policy Implications; 5.2.1. Invest in "People"; 5.2.2. Islamic Products and Services: Profit Versus Social Responsibility; 5.2.3. Institutional Mechanism, Credit Monitoring, and Social Development; 5.2.4. Overshadowing Financial Inclusion and Marketing of MCI Services; 5.3. Limitations of the Study.