Financial architecture refers to a broad set of financial infrastructures that are needed for establishing and sustaining sound financial institutions and markets. These include an effective supervisory system, credible standards of best practices in risk management, internal control systems, disclosures and corporate governance.
This study is on equity funds and addresses a central question that: can equity funds be operated on Islamic principles?
We introduce for Islamic economics a framework and a research tool. The framework is complexity theory, and the tool is agent-based simulation. This surveys this rapidly growing field, and how this alternative framework relates to the Neoclassical paradigm. The alternative framework and research technique might be more suitable to Islamic economics than their conventional counterparts.
Human resources mobilization is one of the key economic issues facing contemporary Muslim economies. Labour force participation in most of the
The last decade witnessed an increasing trend in markets’ volatilities and financial crises. During the same period, derivatives, the most common instruments for hedging, have been growing at an exponential rate. Apparently, derivatives did not help stabilize markets and attenuate financial crises. This is not difficult to explain, since derivatives are also the main instruments for speculation. More than 97% of derivatives users are speculators, while less than 3% are hedgers.
During the IDB 23rd Annual Meeting of the Board of Governors held in Cotonou, Benin, in November 1998, the Bank organized its. The 9th Annual Symposium on “Preparing the Ummah for the 21st Century: Promotion of Information Technology for Development†recommended the Islamic Development Bank to develop a ‘Guideline for a National IT Strategy†to help the MCs.
The paper provides an Islamic perspective on the public revenue and expenditure balance and offers various Shariah compatible possibilities to alleviate the chronic imbalances between the two in the IDB member countries._x000D_ Governments require large amounts of resources for financing basic programs such as poverty reduction and maintenance of law and order. In most IDB member countries the required resources are not available. Therefore, in these countries large budget deficits have become a severe chronic problem.
This is an examination of the functional and operational activities done during production and marketing of agricultural commodities and contemporary Islamic modes that Islamic banks use to finance them and assesses the possibility of financing them through Islamic instruments.
Over the 1990s, several Arab countries made substantial progress in financial reform as part of extensive structural adjustment programmes. The reform aimed at transforming the economy into a market-driven economy dominated by the private sector, improve the capacity of financial institutions to mobilise domestic savings, improve the effectiveness of monetary policy, and strengthen financial soundness.
IRTI in its research activities pays special attention to areas relating to promoting trade and economic cooperation among member countries. Countertrade was viewed in late Eighties by IRTI as a potential means of enhancing trade among member countries and of promoting economic cooperation among them. Looking at countertrade as a potential phenomenon, IRTI felt the need to create, among planners and policy makers, awareness about various facets of this mode of trade and to exchange ideas on the possibility of exploiting this mode for their mutual benefit.