Research Bonds with index-linked stochastic coupons in quantum finance Abstract An index-linked coupon bond is defined that pays coupons whose values are stochastic, depending on a market defined index. This is an asset class distinct from the existing coupon bonds. The index-linked coupon bond ...
Islamic Finance Funding Development Without Debt Growth and development cannot happen without adequate infrastructure. Yet, with inadequate domestic savings and capital formation, the financing of development infrastructure becomes a huge challenge for developing countries. They often have little choice but borrow ...
Leadership Portfolio Management in This World and The Hereafter There is a beautiful saying formed from precious words which are very well known among Muslims and widely reported in many traditional books. The saying is: Work for your life in this world (dunia) as if ...
Leadership SHOOT Last week was an extremely busy one at INCEIF. Major engagements at the WIEF, the launch of the new INCEIF Endowment Fund, multiple visitors to the campus from all over the world. A closed door ...
Leadership The Journey Continues Praise be to Allah for His mercy and guidance. May peace and blessings of Allah be on Prophet Muhammad s.a.w., his household and companions. I would like to express my sincere thanks to INCEIF for ...
Management Leadership What’s in It for Me (WIIFM) For today’s informed communal workforce, it’s not adequate to be satisfied with simply completing a job or task. Employees want to know that what they have done or are doing has not only been a ...
Leadership Common Sense…Not So Common The Cambridge dictionary define common sense (CS) as “”the basic level of practical knowledge and judgment that we all need to help us live in a reasonable and safe way”. The Merriam-Webster dictionary defined common ...
Leadership The Need for Balance How can we become a successful human being? Who wants to fail? Nobody right? Man was destined to be successful, as in Surah At-Tin (95:4) Allah had affirmed that “Verily, We created man of the ...
Leadership Responsible and Ethical To my mind Islamic Finance has always been both responsible and ethical and, for that matter, will continue to be so. These are core values that are required by the objectives of Maqasid al Sharia ...
Islamic Finance Lacuna in Islamic Finance (Part 2) Continued from Part 1 While the present IF education may have a long way to go, various issues must be addressed first for it to even move forward. First: Theoretical Foundations of Islamic Finance. The ...
