History of economic thoughts hidden within the archives of Abrahamic religions
Book Chapter
Khaleel, F., & Avdukic, A. (2020)
History of economic thoughts hidden within the archives of Abrahamic religions. In Islamic Finance Practices: Experiences from South Eastern Europe. Palgrave Macmillan. https://doi.org/10.1007/978-3-030-34420-7
The Ibrahimic religions in spite of their theological differences, share many common grounds in their view of right and wrong within relation to persuasion of market regulatio...
Exploring the epistemology of utility function in Islamic economics: Foundation of Islamic finance
Book Chapter
Avdukic, A., & Khaleel, F. (2020)
Exploring the epistemology of utility function in Islamic economics: Foundation of Islamic finance. In V. Efendic (Ed.), Islamic Finance Practices: Experiences from South Eastern Europe. Palgrave Macmillan. https://doi.org/10.1007/978-3-030-34420-7
An opinion held by the majority of Muslims scholars, such as, Ibn Tamiyah, supports the contention that each thing or act has an ethical value that can be comprehended through...
Accounting for the Ideology and Culture within Literature: Deconstruction of Arguments in Modern Islamic Discourse on Economics and Finance
Journal Article
Khaleel, F., & Avdukic, A. (2019)
Accounting for the Ideology and Culture within Literature: Deconstruction of Arguments in Modern Islamic Discourse on Economics and Finance. Interdisciplinary Journal of Economics and Business Law, 8(2), 112-137
There currently exists a body of discourse on finance, economics, and social governance representative of emerging and contemporary Islamic thought with an aim to create an Is...
Construction of Maqāṣid al-Sharīʿah-Based Index of Socio-Economic Development: Principles and Issues
Book Chapter
Abu Seman, J., & Dzolkarnaini, N. (2019)
Construction of Maqāṣid al-Sharīʿah-Based Index of Socio-Economic Development: Principles and Issues. In S. Syed Ali (Ed.), Towards a Maqasid al-Shariah Index of Socio-Economic Development: Theory and Application, (159-188). Palgrave Macmillan. https://doi.org/10.1007/978-3-030-12793-0_5
The promotion of achieving Maqāṣid al-Sharīʿah through socio economic development is considered an agenda priority in many countries especially where Muslims population is dom...
Foreign Direct Investment in Zimbabwe and Botswana: the elephant in the room
Book Chapter
Gutu, M., Anastasiadou, C., Omar, M., & Osei, C. (2017)
Foreign Direct Investment in Zimbabwe and Botswana: the elephant in the room. In A. Ahmed (Ed.), Managing Knowledge and Innovation for Business Sustainability in AfricaPalgrave Macmillan. https://doi.org/10.1007/978-3-319-41090-6_10
Purpose: In Sub-Saharan Africa, FDI performance is considerably different between Zimbabwe and its neighbouring countries. This chapter examines FDI determinants for Sub-Sahar...
Which firms use Islamic financing?
Journal Article
Minhat, M., & Dzolkarnaini, N. (2017)
Which firms use Islamic financing?. Economics Letters, 150, 15-17. https://doi.org/10.1016/j.econlet.2016.10.036
This study explores to what extent the Islamic financing instruments are used by non-financial firms and whether profitability influences such financing choice. Based on a pan...
Bankers’ stock options, risk-taking and the financial crisis
Journal Article
Minhat, M., & Abdullah, M. (2016)
Bankers’ stock options, risk-taking and the financial crisis. Journal of Financial Stability, 22, 121-128. https://doi.org/10.1016/j.jfs.2016.01.008
This study investigates the relationship between the use of stock options and bank risk in the context of the 2007-2008 financial crisis for banks that are authorised to accep...
Is executive compensation a substitute governance mechanism to debt financing and leasing?
Journal Article
Minhat, M., & Dzolkarnaini, N. (2016)
Is executive compensation a substitute governance mechanism to debt financing and leasing?. Applied Economics, 48(14), 1293-1302. https://doi.org/10.1080/00036846.2015.1100247
This study examines whether and how CEO equity incentives relate to financing choices (i.e., debt and leases). Using manually collected CEO compensation and lease data for a s...