Conferences
The Relationship Between Islamic Bank Efficiency and Stock Market Performance- Evidence from GCC countries
Using data envelopment analysis (DEA), this paper estimates the efficiency of 25 Islamic banks operating in Gulf Cooperation Council (GCC) countries during the period 2003-2009. It also examines the relationship between the efficiency of Islamic banks and the performance of their stock. The results suggest that efficiency measures, particularly technical and pure technical efficiency, have increased over the period of study but remain low as compared to conventional banks. The inefficiency of Islamic banks can be attributed to pure technical inefficiency rather than to scale inefficiency.
The Legal Reform on Dispute Resolution Mechanism in Islamic Banking and Finance in Indonesia: Issues and Challenges
Nearly fifteen years after the establishment of the first Islamic bank Indonesia, a new law was introduced in 2006 that in effect empowers the Religious Court in the country to oversee, hear and decide on disputes relating to matters of Islamic finance and Islamic economics. In its way to the enactment, the Parliament preferred the word ‘Islamic economics’ than the word ‘Islamic banking’ which was initially put in the draft law.
The Influence of Islamic Values in the Enhancement of Households' Wellbeing: A Study of Poverty Alleviation in the Malaysian state of Kelantan
Poverty is a multi-faceted phenomenon. Many have studied the concept in diverse prisms and employed a variety of theories to understand it. Previous Islamic studies found
Importance of the Islamic banks in the Monetary Transmission Mechanism in Malaysia
Monetary policy influences the real economy through various channels including bank lending. Currently, Malaysia is operating under dual banking systems; conventional and Islamic banking. The latter has distinctive feature of interest-free. Hence, this study aims to empirically explore the relevance of Islamic banks' financing in channeling the monetary policy effects to the real economy. To achieve this objective, the study relies on an autoregressive distributed lag (ARDL) bound testing approach and innovation accounting approach, and uses quarterly data spanning from 1991:Q1 to 2010:Q4.
The Impacts of Zakat and Knowledge on Poverty Alleviation in Sudan: An Empirical Investigation (1990-2009)
Poverty, ignorance, and sickness constitute the main threats to development in the Less Develoed Countries (LDCs). In spite of the efforts exerted to reduce poverty and inequality, poverty is still widespread in Sudan. According to the National Baseline Household Survey (NBHS, 2009), 46.5% of the population of Northern Sudan is found to fall below the poverty line, with 26.5% of the urban population and 57.6% of the rural population. Out of the population of Southern Sudan, 50.6% is found to fall below the poverty line, with 24.4% of the urban population and 55.4% of the rural population.
The Impact of Subprime Crisis on Asia-Pacific Islamic Stock Markets
The objective of this study is to examine the impact of Subprime Crisis on the long-term and short-term dynamic relationships between selected Asia-Pacific Islamic Stock Markets and leading conventional stock markets. The co-movement among the United States, Japan, China, Malaysia, Indonesia stock markets, both Islamic and Conventional, is examined from February 1, 2006 to December 31, 2010.
The Effectiveness of an Integrated Curriculum: The Case of the International Islamic University Malaysia
The International Islamic University Malaysia (IIUM) was established in 1983 by the Government of Malaysia. Based on the recommendations of the First World Conference on
The Determinants of Islamic Spirituality in Business Organizations: The Case of Malaysia
Although the phenomenon of spirituality in the workplace has received enormous attention from other religious faiths, the construct of Islamic spirituality has not been much explored. This empirical study attempts to enrich the understanding of the spirituality in the workplace phenomenon from Islamic management perspective. The surveyed data used for this empirical research was drawn from 405
Testing Efficiency of Pakistani Islamic Banking System
Financial sector is a key component which contributes to the output growth of a country. It is fastest growing sector after the globalization period. With the advent of advances in commercial banking system, a change in behaviors of people has been observed. People changed their, saving behaviour, investment decisions. The innovations brought in banking sector caused welfare maximization. This empirical study has been conducted to evaluate the technical and cost efficiency of the Islamic and conventional banking system in the Pakistan financial market.