Master of Science in Islamic Finance

Circular Economy, Green Economy, and Sustainable Development: Establishing the Interconnections and Discoursing the Role of Islamic Finance

Submitted by pmoraes on Sun, 12/27/2020 - 22:09
Despite the large amount of hits on the concepts of Circular Economy (CE), Green Economy (GE), and Sustainable Development (SD), there is a dearth of coherent understanding of the interconnections between these concepts. Although the academicians, practitioners, and policymakers at both national and global levels as key sustainability avenues are currently considering the three concepts, there is a dire need to understand the interconnections between them.

Bringing Islamic Finance Home Through the Circular Economy Social Finance Discourse

Submitted by pmoraes on Sun, 12/27/2020 - 22:01

This paper argues that the current Circular Economy and Social Finance (CESF) discourse allows discerning Islamic economists to re-iterate the view that Islamic Finance (IF) must be re-aligned to its roots, i.e. Islamic economics. Notwithstanding the impressive growth figures of Islamic Banking/Finance over the last three decades, serious reservations are voiced especially on the role and impact of IF in

Value Creation and Unethical Corporate Donations

Submitted by pmoraes on Sun, 12/27/2020 - 21:58
This study explores the effect of directors’ political contributions on IPOs’ valuation and subsequent performance. We find that individual contributions by directors bring significant benefits to the IPO firms. Specifically, we show that political contributions of board members, particularly those of CEOs and founders, increase the IPO premium and the long-term performance of the IPO firms.

Sustainable Development and Blockchain

Submitted by pmoraes on Sun, 12/27/2020 - 21:55
Achieving the Sustainable Development Goals (SDGs) by 2030 is undoubtedly one of the biggest challenges of the 21st century facing both developed and developing countries alike. Since the adoption of the SDGs in 2015, it has been a 5-year journey of trial and error experimentations all over the world to come up with innovative solutions beyond business-as-usual and get the job done. In this paper, we are looking at blockchain beyond the hype.

Sustainability and Private Equity in the GCC: The Case of Shariah Compliant and Non Shariah Compliant Investment

Submitted by pmoraes on Sun, 12/27/2020 - 21:46
Private equity (PE) in the Gulf Cooperation Council (GCC) region is a new asset class that has been informally structured and formalized towards the beginning of the last decade (early 2000). New private equity firms were established with more generic private equity funds established in 2002 and 2003. No publicly available private equity performance data are available that can shed light on how the GCC region compares to other regions in the world.

Islamic Perspective on Circular Economy

Submitted by pmoraes on Sun, 12/27/2020 - 21:16
Man-made crises and disasters prove to be an opportunity from which mankind can benefit and take lesson to learn to be conscious of Allah’s blessings and care for its rights. One of these lessons that we came to realize is that capitalism is naturally driven by selfish profit maximization actions. This ‘oppression of freedom’ and economic hegemony has led to environmental problems, which pose threats to humankind livelihood.

Contribution of Indonesian Journals of Religious Studies Indexed by Scopus in the Field of Islamic Economics

Submitted by snali on Sun, 12/20/2020 - 13:24

This research aims to review the current state of Indonesian Journals of religious studies indexed by Scopus. It also attempts to reveal the contribution of the religious studies journals in the publishing of Islamic economics and finance issues. This research uses content analysis. The data retrieved from Scopus, Google Scholar, and its journal's website. The result showed as per March 2020, there are five journals indexed by Scopus. Based on SJR, the international journal of Indonesian Muslims and societies (IJIMS) is the best journal that ranked at the Q1 level.

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