Sustainability - Sustainable / Circular Economy

Bitcoin and altcoins price dependency: Resillience and portfoilio allocation in Covid-19 outbreak

Submitted by Munir on Tue, 01/25/2022 - 09:04

The main aim of this article is to examine the inter-relationships among the top cryptocurrencies on the crypto stock market in the presence and absence of the COVID-19 pandemic. The nine chosen cryptocurrencies are Bitcoin, Ethereum, Ripple, Litecoin, Eos, BitcoinCash, Binance, Stellar, and Tron and their daily closing price data are captured from coinmarketcap over the period from 13 September 2017 to 21 September 2020.

How do institutional settings condition the effect of macroprudential policies on bank systemic risk?

Submitted by Munir on Tue, 01/25/2022 - 08:35

This paper investigates the impact of different country-traits of the effects of macroprudential policies on systemic risks in OECD countries. The analysis documents that institutional quality, high capital stringency, and moderate supervision support macroprudential policies in mitigating systemic risks, depending on macroprudential instruments in force.

Using Blockcahin-Enabled Solutions as SDG Accelerators in the International Development Space

Submitted by Munir on Tue, 01/25/2022 - 07:53
As the world is striving to recover from the shockwaves triggered by the COVID-19 crisis, all hands are needed on deck to transition towards green recovery and make peace with nature as prerequisites of a global sustainable development pathway. In this paper, we examine the blockchain hype, the gaps in the knowledge, and the tools needed to build promising use cases for blockchain technology to accelerate global efforts in this decade of action towards achieving the SDGs.

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.

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.

Application of Digital Currencies and Block chain Technology in Islamic Economics and Finance

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

Digital currencies have received a mixed response from the Islamic banking and finance (IB&F) industry. As Shariah permissibility (or ‘compliance’) strongly influences the demand for and supply of products in the IF&B industry, the verdicts reached by Shariah scholars on digital currencies have a strong bearing on their adoption amongst users.

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