Diving into the Stock Market

The picture above is of the main entrance to Bursa Malaysia’s building located at the Exchange Square in Kuala Lumpur. Bursa Malaysia is an Exchange that regulates individuals and licensed bodies that conduct stock businesses ...

Half-baked Moratorium Equals Half-baked Results

The loan moratorium, as announced in MCO 1.0, had technical problems, confusing eligibility criteria and left out key details such as whether interest would be charged during the moratorium period and so on. This confusion ...

Competition, diversification, and stability in the Indonesian banking system

Abstract We examine the impact of competition and portfolio diversification on banking stability for conventional and Islamic banks in Indonesia. We find that the Islamic banking sector is less stable, when compared to the conventional ...

Digital Technology To The Rescue

COVID-19 is a black swan event that has turned back the global poverty clock. Millions have lost their jobs overnight and have no way to find employment due to the lockdown measures taken to adequately ...

Determinants of capital structure: evidence from Shari’ah compliant and non-compliant ...

Abstract Many Muslim individual and institutional investors seek to invest only in stocks that are compliant with the Shari’ah (i.e. Islamic law). Among others, Dow Jones addressed this demand and has developed their proprietary screening ...

Recent financial blow-ups: Are these canaries in the coal mine?

This article first appeared in Forum, The Edge Malaysia Weekly, on April 26, 2021 – May 02, 2021. “The three blow-ups seem isolated and not systemic — mere fender-benders. However, with the high-speed superhighways that contemporary financial ...

Resetting for Sustainability: Part 2

“The Future never spoke— Nor will he like the Dumb Reveal by sign a Syllable Of his profound To Come— But when the News be ripe Presents it in the Act— Forestalling Preparation— Escape-or Substitute” ...

Resetting for Sustainability: Part 1

“This pandemic has provided an opportunity for a reset. This is our chance to accelerate our pre-pandemic efforts to reimagine economic systems that actually address global challenges like extreme poverty, inequality and climate change.”   ...

The impact of situational factors on ethical choice: a survey ...

Abstract The purpose of this paper is to use Ferrell and Gresham (1985) contingency model to examine the impact of situational factors on decision-making behaviour related to ethical issues of Islamic banking practitioners. A total ...