The thesis is a study of Al-Dawudi's Kitab Al-Amwal divided into three parts. The first includes commentary on the geographical and linguistic aspects of the Arabic text and a thorough review of references to the book by later jurists. The second part is comprised of a critical study of the author, period and the book, including an explanation for the reasons for confusion of several financial terms over the years.
The thesis addresses whether the presence or absence of a financial profit motive alter management decisions and require the creation of a Decision Support System (DSS. Case studies were made of the Kuwait Finance House (KFH) and the Kuwait
The Thesis investigates the compatibility/incompatibility of Islamic Banking practice with Western conventional banking in the global financial environment, in the context of finance, an area in which key differences of principle and practice exist between
This study assesses the financial status of SMEs, and investigates the finance gaps in the manufacturing sector through evaluating the opinions of both the suppliers and the demanders of funds. The main findings indicate an information gap, rather than a debt gap, as the problem. The SMEs are often reluctant to provide information concerning their business activities and financial position, and prefer to use their own funds, notably internal sources of finance such as retained profits.
This thesis discusses the changes in the religious perception of usury, and analyzes the local as well as international circumstances that generated a suitable environment for the establishment and growth of Islamic banking are analyzed. Structural changes have liberalized international financial environment since the 1980s, which facilitated the acceptance of Islamic banks by Western banks. The thesis takes Kuwait as a case study in which Islamic financial institutions pose a real threat to conventional banking.
The thesis reviews factors that have prohibited affordable housing in poor societies, and examines the applicability of Islamic models in housing fields in Malaysia. Perceptions of Islamic ideas in action are also surveyed, according to both "influentials" and grassroots levels. "Influentials" balance Islamic beliefs and pressures on policy development, at the grassroots level, some households seem open in accepting modern values and in interpreting Islamic values in the context of time and place.
This thesis examines the applicability of both the conventional expression of Weighted Average Cost of Capital (WACC), and that of an alternative formulation, to Islamic banks. The research hypotheses argue that the calculation of WACC components and the implications and effect of WACC differ between conventional and Islamic banks. The new nature of depositors' funds is neither as a share capital nor liability but as a "profit and loss account".
The findings of the research reveal that religion was the main factor influencing client or employee decisions to deal with or work for Islamic banks. Profit potential, competitive services, and better access to finance also helped to attract the clients in different degrees. A survey of employees revealed that there were concerns with the lack of uniformity in accounting policies and auditing standards, and employees showed a lack of understanding and some confusion over the documentation of the new types of Shariah compliant transactions.
Taking into consideration the socioeconomic objectives and values of
This study measures the perceived level of service quality in the UAE Islamic banks, using a modified SERVQUAL model. The study attempts to determine the extent of the correlation and relationship that might exist between the service quality dimensions and Islamic banking variables on the one hand and between these and the independent variables on the other.