CIS Faculty

Identifier
E

Determinants of Inclusive Growth in Islamic Countries

Submitted by siteadmin on Mon, 10/12/2020 - 10:25

Inclusive growth creates equal opportunities for those who contribute to economic growth, so that the whole people could contribute to economic growth and benefit from it. In this research, we applied Anand et al. integrated method and social mobility index to measure inclusive growth. The integrated method allows us to identify the determinants of growth and prioritize the specific constraints of each country in generating inclusive growth. We utilized unbalanced panel data method for the period 1995-2015.

Role of Digital Economy in Realization of Inclusive Growth

Submitted by Munir on Fri, 08/21/2020 - 20:49

Since the 4th Industrial Revolution (4IR) digital technology has been playing an important role in economic growth leading to a continuous decline in the level of extreme poverty across the globe. while there are opportunities of using the digital revolution to promote inclusive growth, there are risks that technology could further escalate the worsening income distribution, and mitigating such risks will require establishing a sound digital infrastructure and providing digital education to all members of the society.

Evaluating the Performance of Islamic Investment Funds: A Comparison with Socially Responsible Investment Funds, Conventional Funds, and Market Benchmarks in Light of the Sustainable Development Goals (SDGs)

Submitted by siteadmin on Tue, 05/12/2020 - 13:51

This study aims to evaluate risk and return characteristics of Islamic funds in comparison with SRI and investigate the possible synergies between the two in the light of the SDGs. The study also compares the financial performance of Islamic funds with conventional funds and Islamic market benchmarks. The analysis was carried out using the absolute and risk-adjusted-performance evaluation techniques based on data collected from 11 countries distributed in four geographical regions.

Can the Integration of SRI Principles in Islamic Finance Help Bridge the Gap Between Aspirational Islamic Moral Economy and Realistic Islamic Finance?

Submitted by siteadmin on Tue, 05/12/2020 - 13:36

Islamic finance is considered as an alternative moral and ethical based finance. Its principles, known as the “Islamic finance pillars” offer an alternative for investors seeking more ethical use of their funds. Since its early inception in 1970s, the industry developed significantly with an annual two-digit growth of 15 to 20% and an expansion beyond traditional markets. However, this growth has not benefited much to the social and environmental developments.

Green Sukuk, Energy Poverty, and Climate Change: A Roadmap for Sub-Saharan Africa

Submitted by siteadmin on Tue, 05/12/2020 - 13:13

The climate change challenge and the growth of the Islamic finance industry, together with the increase in socially responsible investing, could position green sukuk as a key instrument for financing clean energy and resilient infrastructure projects as well as shorter-term energy efficiency projects.

Human Embryology in the Islamic Tradition: The Jurists of the Post-formative Era in Focus

Submitted by siteadmin on Wed, 05/06/2020 - 15:52

The translation of Greek works on medicine and biology into Arabic and their wide dissemination, at the latest by the 6th-7th/12th-13th centuries, in different disciplines of the Islamic tradition were not without consequences, especially for fiqh (Islamic law). In their religio-ethical discussions,