Master of Science in Islamic Finance

Blockchain-Based Solutions in Achieving SDGs after Covid-19

Submitted by Munir on Tue, 01/25/2022 - 07:53
In this paper, we attempt to explore the extent to which the hard won development gains over the last several years could be reversed due to the unfolding COVID-19 global pandemic, how we can reboot the global response to accelerate the SDGs in times of uncertainties, and most importantly how to turn the recovery into an opportunity to build back better and more resilient economies.

In search of safe haven assets during COVID-19 pandemic: An empirical analysis of different investor types

Submitted by Munir on Tue, 01/25/2022 - 07:30
This study assesses the role of gold, crude oil and cryptocurrency as a safe haven for traditional, sustainable, and Islamic investors during the COVID-19 pandemic crisis. Using Wavelet coherence analysis and spillover index methodologies in bivariate and multivariate settings, this study examines the correlation of these assets for different investment horizons. The findings suggest that gold, oil and Bitcoin exhibited low coherency with each stock index across almost all considered investment horizons until the onset of the COVID-19.

Major Shareholders' trust and market risk: Substituting weak institutions with trust

Submitted by Munir on Tue, 01/25/2022 - 07:20
This study examines the impact of foreign controlling shareholder trust on firm market risk using two measures of total and idiosyncratic risk. An extensive global sample of 12,496 firm-year observations from 43 countries is employed. The results show that firms controlled by foreign trusting shareholders display lower levels of risk in both market measures.

Islamic Finance and Circular Economy: Connecting Impact and Value Creation

Submitted by Munir on Sun, 01/23/2022 - 22:25

This book is the first of its kind to provide a critical overview and theoretical analysis of the Circular Economy from Shariah and Islamic Finance perspectives. The book is divided into three parts. The contributing authors pay close attention to Islamic Finance in light of sustainability and value creation. It also includes case studies on the Circular Economy application in Islamic Finance industry.

Fintech, Digital Currency and the Future of Islamic Finance:Strategic, Regulatory and Adoption Issues in the Gulf Cooperation Council

Submitted by Munir on Sun, 01/23/2022 - 22:25
The banking and financial landscape has been inundated with technology over the last decade, with FinTech, InsurTech and RegTech being just some of the new applications within finance. In the Gulf Cooperation Council (GCC), FinTech is yet to ­find its feet despite several digital transformation drives initiated by the regional governments in the UAE and Bahrain. In comparison to conventional ­finance, the use of FinTech within Islamic financial institutions (IFIs) in GCC countries is still in its very early stages.

The Impact of Macroeconomic Indicators on Qatar Stock Exchange: A Comparative Study between Qatar Exchange Main Index and Al Rayyan Islamic Index

Submitted by Umar Farooq Patel on Thu, 01/20/2022 - 15:12

The main objective of this study is to focus on examining the impact of some selected macroeconomic indicators on Qatar Stock Exchange, which will be represented by two indices, namely, Qatar Exchange Main Index and Al Rayyan Islamic Index. A comparison will be held between the two indices to determine how similar or different they are impacted by the selected macroeconomic indicators.