Master of Science in Islamic Finance

A Comparative Study of Islamic Micro Financing for SMEs in Somalia and Nigeria: Experiences, Challenges and Opportunities

Submitted by deseditor on Sat, 05/25/2019 - 15:27
In most underdeveloped African countries, Small and medium enterprises (SMEs) employ the greatest number of people in the market. Somalia and Nigeria are among the countries where many poor people depend on the informal business sector to earn a living. This study makes a comparative analysis of Islamic Microfinancing for SMEs in Somalia and Nigeria in order to investigate if the existing Islamic Microfinance Institutions (IMFs) are covering current needs and will be able to meet future expectations for SMEs sector.

Economic Empowerment of Women Through Islamic Microfinance: A Case Study of Women Vegetable Producers in the Gambia

Submitted by deseditor on Sat, 05/25/2019 - 15:26

The present study has examined the possibilities of economically empowering Gambian Women Vegetable producers through Islamic Microfinance. The study utilize both primary and secondary data to accomplish the set objectives. The primary data was collected through face-to-face interviews from 245 women vegetable producers in four different women gardens all within the peri-urban areas of The Gambia. Another interview was conducted with supersonicz “The Microfinance” Gambia Limited.

Islamic Blended Finance for Funding Small and Medium Enterprises: Special Reference to the Gambia

Submitted by deseditor on Sat, 05/25/2019 - 15:26
In this research, we adopted a financial engineering methodology to design financial products by blending the motives of compassion, profits and facilitation, that underlie respectively, the philanthropic, commercial and public sector activities. Our focus has been on an engineered product that we call "Islamic Blended Finance for Small and Medium Enterprises (SMEs)" with special reference to Gambia but with general relevance Financial contracts could be incentive compatible and effective if these three motivations are recognized and brought together.

Integrated Reporting From an Islamic Perspective: Analysis of Selected Islamic Banks

Submitted by deseditor on Sat, 05/25/2019 - 15:24

In an attempt of addressing the challenges and crises of the 21st century, nowadays, soaring number of companies are publishing CSR and/or Sustainability reports on voluntary basis to enhance and enrich their annual reports. While observing these reports, one may notice very little linkage between the information they include. To have a genuine impact, these separate reports need to be integrated to reflect the firm’s commitment to social responsibility while meeting the expectations of its various stakeholders.

Promoting Retail Sukuk using Blockchain Technology

Submitted by deseditor on Sat, 05/25/2019 - 15:23
Access to financial services is just one of the challenges faced by the poor, but if achieved it can help address some of the other development challenges they face. Addressing the challenges to financial inclusion requires innovative approaches. This paper studies two innovative concepts which are retail sukuk and blockchain and explores how they can be mused together to promote Islamic finance and financial inclusion.

Enhancing Financial Inclusion in Ghana Through Islamic Finance

Submitted by deseditor on Sat, 05/25/2019 - 15:23
As this study seeks to explore how Islamic finance can enhance financial inclusion in Ghana the question that comes up is, 'can Islamic finance bring financial inclusion in Ghana? The objective of the study answered the question through empirical evidence and hypothesis testing. Therefore, the study concluded that there is a lack of financial inclusion in Ghana. The study further reveals that good economic performance and banking sector stability indicate enabling environment for financial inclusion.

Transforming Qatar into A Circular Economy: Challenges and Opportunities and the Role of Islamic Finance

Submitted by deseditor on Sat, 05/25/2019 - 15:21

Qatar National Vision 2030 (QNV2030) provides a framework for multidimensional development. In this research, it is argued that the implementation of the QNV2030 requires Qatar's transition to Circular economy from the current linear economy. This requires a paradigmatic shift of government policies, business strategies, civil society ideals and society's aspirations.

Exploring Synergies Between Islamic Funds and Socially Responsible Investments: Performance Evaluation in Light of the Sustainable Development Goals (SDGs)

Submitted by deseditor on Sat, 05/25/2019 - 15:11

The main objective of the thesis is to explore synergies between Islamic funds and SRIs as well as to evaluate and compare the financial performance of Islamic funds with SRIs, conventional funds, and the market benchmarks in light of SDGs. The analysis of the study was conducted based on a time series data of 41 Islamic funds selected from 11 countries distributed in four geographical areas. The performance evaluation was conducted using the methods of Absolute Performance Evaluation and Risk-Adjusted Performance Evaluation methods.