Resetting for Sustainability
“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 ...
Regulating fintech businesses: the Malaysian experience
Abstract The Malaysian finance industry is governed by Bank Negara Malaysia (BNM) and Securities Commission Malaysia (SC). BNM governs the banking and insurance industries and the SC regulates and develops its capital market. Both authorities ...
Sukuk innovation needs to go further
Think Piece By Prof. Dr. Obiyathulla Ismath Bacha Sukuk, which are probably Islamic Finance’s most popular product has of late gone through a fair bit of innovation. As opposed to their earlier structures which were ...
Exchange Rates and the Policy trade-offs
Think Piece By Prof. Dr. Obiyathulla Ismath Bacha Most Muslim countries, being commodity producers have witnessed serious pressure on their currencies arising from a widespread fall in commodity prices. While none of the GCC currencies, ...
How does microfinance prosper? An analysis of environmental, social, and ...
Abstract The spotlight of this study is to examine whether environmental, social, and governance performance affects the financial performance of microfinance institutions (MFIs). The topic has been of much interest to researchers and policymakers due ...
Capital structure and Shari’ah compliance firms: Malaysian evidence
Abstract In the literature of corporate finance, there exists alongside others, an age long inquiry into the behaviour and determinants of corporate capital structure. The study into capital structure behaviour was pioneered by Modigliani and ...
Liquidity Management and Islamic Banks, the need for markets
Think Piece By Prof. Dr. Obiyathulla Ismath Bacha A recent IMF study which compared Islamic and conventional banks in the GCC (Gulf Cooperation Council) countries made several interesting observations. Of these, two key points were ...
Blockchain and its Shariah compliant structure
Abstract Islamic finance has gained momentum in the world today. Irrespective of faith conviction, it has been accepted as a mode of financing in the world. The development of Islamic finance was gradual in the ...