Capital adequacy
, 59, 63, 67, 76
Capital adequacy ratio
, 59, 69
Capital Asset Pricing Model (CAPM)
, 84, 89–90, 96
Cash flows
, 27, 29, 33, 45, 348
Commercial banks
, 109, 112, 190, 203, 233
Commodity
, 132, 145–148, 151, 153–156, 263
Commodity broker
, 145–146
Commodity murabahah
, 145, 151, 153–154
Commodity murabahah transactions
, 145, 151, 153, 156
Consumer awareness
, 223, 290
Consumer banking products
, 137–138, 156
Consumer behavior
, 246, 256–257
Consumerism
, 214–215, 262, 265, 296
Consumer products
, 246, 256, 259–260, 287
Contemporary themes
, 214–215, 217, 219–221
Control variable
, 204–205, 342, 344, 348, 353, 355–356, 358–359
Conventional banks
, 52, 55, 58, 104, 109, 135, 185–188, 191–195, 199, 202–203, 207–208, 224, 226
Conventional capital markets
, 28, 44–45
Conventional marketing
, 249–250
Conventional mutual fund (CMFs)
, 81–82, 84, 86–87, 91–94, 96–100
Corporate financial performance
, 347, 356, 359
Corporate Social Responsibility (CSR)
, 341–349, 354–355, 359
and financial performance
, 354–355
notion of
, 344–345
Correlation matrix
, 67–69, 116, 118
Corruption
, 161, 163, 165, 167, 171, 175, 250, 343
Counterparts, conventional
, 58, 82, 85, 87, 94, 96–97, 99, 187
Credit portfolios, impact of
, 188–191, 205
Credit risk
, 55, 58–59, 62, 67, 69, 75, 108, 188
CSR practices and financial performance
, 342, 353–356, 358–359
CSR Practices in Islamic Financial Institutions in Indonesia
, 345, 347, 349, 351, 353, 355, 357, 359
Customer promises
, 139, 143–144, 149, 153, 156
Ijarah
, 33–34, 36, 44, 46, 107, 141, 156, 227–228, 238, 282, 343
Ijarah rental swap (IRS)
, 149, 153, 155–157
IMF financial statistics (IFS)
, 63
Income groups
, 231, 233–234, 237, 239
Independent variables
, 58–59
Indicators, macroeconomic
, 60, 190
Indonesian Council of Ulama (ICU)
, 281, 343
Industry momentum
, 3, 8–9, 13–20, 24
Industry momentum analysis
, 14
Industry momentum profits
, 9, 17
Industry neutral momentum
, 17–20
Inflation
, 49, 52–53, 60, 63, 67, 71, 73, 75–77, 114, 116, 118–119, 123, 125
Inflation rate
, 60–61, 64, 73, 75, 112
Influence non-Muslim consumers
, 246, 266
Institute for Halal Research and Training (INHART)
, 298–299
Institute of Halal Research and Management (IHRAM)
, 299
Institute of Halal Research of University Malaya (IHRUM)
, 299
International Centre for Education in Islamic Finance (INCEIF)
, 136
International Halal Integrity Alliance (IHIA)
, 297
International Islamic Financial Market (IIFM)
, 40–41
International Islamic Liquidity Management Centre (IILMC)
, 136
International Islamic University Malaysia (IIUM)
, 298
Interviews
, 137, 139–149, 161, 169–172, 286, 289, 333, 335
Islam, principles of
, 170, 247, 350
Islami Bank Bangladesh Limited
, 109
Islamic Accounting
, 343, 349–351
Islamic Accounting Standards (IAS)
, 343, 349–353
Islamic banking
, 42, 50, 55–57, 104–106, 108–111, 113, 133, 135, 186–187, 223–227, 231–233, 240, 282, 285, 292
Islamic Banking and Finance (IBF)
, 107, 136
Islamic Banking and Finance Malaysia (IBFIM)
, 136
Islamic Banking Bulletin (IBB)
, 111–112
Islamic banking customers
, 240
Islamic banking in Malaysia
, 136, 141, 223–224
Islamic banking products
, 131–132, 136–137, 223, 226, 229–231, 233–235, 237, 239–240, 290
Islamic banking sector
, 52, 55, 69, 76
Islamic banking services
, 253
Islamic banking system
, 105, 172, 185, 189, 191, 193, 195, 197, 199, 201, 203, 205, 207, 223–224, 226
Islamic bank profitability
, 72–73
Islamic banks (IBs)
, 49–53, 55–63, 69, 71–73, 75–77, 103–111, 113–115, 121–127, 135–137, 185–188, 191–195, 205, 207, 226–227, 231–233
in Bangladesh
, 109, 111
data
, 353
full-fledged
, 109, 226
in GCC regions
, 50, 51, 76–77
in Malaysia
, 136–137
performance of
, 49, 60, 69, 73, 106, 124
profits of
, 60, 69, 72–73
Islamic beliefs
, 253, 262
Islamic capital market (ICM)
, 27–28, 31, 33, 42, 44, 46, 296
Islamic credit cards
, 285, 290, 294
Islamic cross currency swap (ICCS)
, 149, 153–154, 156–157
Islamic Development Bank (IDB)
, 109, 292
Islamic equity markets
, 6–7
Islamic ethics
, 246, 253, 261, 263, 266
Islamic finance
, 6, 28, 42, 50–51, 55, 104, 112, 136, 149, 153, 214, 273, 276–279, 280, 281–283, 292, 295–296, 298–299
and Halal products
, 279–281, 283, 293, 299
in India
, 282
in Malaysia
, 135
Islamic finance products
, 271, 281–282, 285, 290, 292–296, 296, 299
Islamic financial instruments (IFIs)
, 42, 51, 105, 107–109, 295, 341–345, 347–353, 355–357, 359
Islamic financial instruments (IFIs) in Indonesia
, 342–343, 347, 352, 355, 359
financial performances of
, 342, 344, 356, 359
Islamic financial products
, 112, 282–283
Islamic Financial Services Board (IFSB)
, 51, 109–110, 136
Islamic financial services industry
, 43
Islamic financial system
, 29, 51, 82, 108, 186–187
Islamic financing
, 282, 296
Islamic funds
, 6, 82–83, 86, 92, 100
Islamic Ideological Council
, 159, 169–171
Islamic ideology
, 111, 160–161, 176, 332
Islamic law
, 159–160, 162–166, 168, 170–174, 176–178, 218, 225, 297, 341, 352
Islamic law and Public Policy
, 161, 163, 165, 167, 169, 171, 173, 175, 177
Islamic marketing
, 213–215, 218–220, 245–256, 261–265, 292
definition of
, 218–219
do’s and don’ts of
, 252
use of
, 261, 263–264, 266
Islamic marketing concepts
, 251, 253
Islamic marketing in Muslim countries
, 246, 254
Islamic marketing mix
, 246, 266
Islamic market mechanism
, 246, 256, 263, 265–266
Islamic mutual funds (IMFs)
, 56, 63, 81–87, 89, 91–97, 99–100, 164, 173
performance of
, 81, 85, 91–92, 94, 96–97, 99
portfolio
, 82, 91, 94, 97
risk of
, 96
strong performance of
, 85
Islamic principles
, 175, 218, 250, 253, 259, 263, 296, 310, 318, 348, 351
Islamic products
, 220, 225, 230, 239
Islamic profit rate swap (IPRS)
, 149–151, 153, 156–157
Islamic Religious Department
, 327–328, 332
Islamic securitisation
, 31
Islamic state
, 164, 173–176
Islamic teachings
, 250–251
Islamic trade financing products
, 147
Islamic values
, 252, 259, 283, 341, 349
Macroeconomic determinants
, 60, 73
Macroeconomic variables
, 49, 58, 63, 65, 67, 69, 73, 75–76, 116
Malaysian banking sector
, 223–224
Malaysian government
, 136, 291
Malaysian Islamic
, 60, 86, 133, 135, 156, 226
Malaysian Islamic Financial Centre (MIFC)
, 6, 136, 273, 275–276, 279, 295
Malaysian market
, 20, 86, 225, 295
Management accounting
, 166, 170
Market benchmark
, 82–83, 87–88
Market capitalization
, 61, 63, 67, 73, 75, 83
Marketers, non-Muslim
, 264
Marketing
contemporary themes in
, 213–214, 217
criticisms of
, 215
ethical
, 215, 292, 294
green
, 215, 217
Marketing functions
, 213, 215, 220
Marketing mix
, 217, 250, 293–294
Marketing practices
, 218, 247, 265
Marketing strategies
, 231, 246, 255, 257, 261–263, 265, 281, 286
Market movement
, 83, 92–93, 99
Market portfolio
, 87, 93–94, 99
Market return
, 81, 83–84, 88, 91
Markets
bearish
, 91, 94, 96–97, 99
bullish
, 87, 91, 94, 96
Materialism
, 213–214, 216
Mean excess return
, 88, 90–92, 96
Measurements, risk-adjusted
, 83, 88–89
MG industry momentum
, 8–9, 13–17
Momentum
neutral
, 9, 18, 20, 23
stock level
, 18
Momentum effect
, 11–14, 17–18, 23
Momentum portfolios
, 5, 14, 17–18, 20
Momentum profitability
, 4–24
Momentum profitability assessment
, 3, 4–7, 9, 11, 13, 15, 17, 19, 21, 23
Momentum profits
, 3, 5–9, 14, 17–18, 20, 23–24
statistically significant
, 17–18
Momentum return
, 4–7
determinants of
, 4–6
Momentum trading strategies
, 4, 7–12, 17–18, 20, 22–24
Money laundering
, 161–162, 165, 168, 171, 174
Money supply
, 49, 57, 61–64, 67, 69, 73, 75–76
Motivation of study
, 51–52
Murabahah home financing
, 138, 142–144, 148
Muslim community
, 276, 326–327, 337
Muslim consumers
, 214, 218, 245–249, 251, 253–261, 263–265, 279, 286–288, 290, 310, 313, 316–317
perception and purchase behavior of
, 249, 254
perceptions of
, 266, 284
Muslim Consumers’ Association of Malaysia
, 297
Muslim consumers in Bangladesh
, 259, 261
Muslim consumers in Klang Valley
, 283–284
Muslim consumers of Bangladesh
, 260, 262
Muslim countries
, 108, 111–112, 176, 246, 249, 253–256, 259–260, 262, 264–265, 281–282, 286–287, 292, 298–299, 336–338, 341
Muslim population
, 254–256, 261, 263, 275–276, 310
Muslims
, 113, 162–163, 166–167, 214, 218, 229–230, 247, 252–253, 274–276, 280–282, 295, 327, 331–332, 336–337, 351
Mutual funds
, 85, 87–88, 96
Pakistan
, 6, 8, 10–11, 13–14, 18–21, 23–24, 111–112, 159, 163–165, 167–168, 170–173, 185, 188–189, 281–283, 298
Pakistani consumers
, 283, 285
Pakistan Shari’ah Compliant Stocks
, 11–12
Peers, conventional
, 85, 91, 96, 99–100
Perception
, 225, 230, 245–246, 254, 256–257, 261, 265–266, 271, 273, 279–280, 284–289, 291–295, 297, 299, 313–314
consumer
, 246, 287
negative
, 327, 333
Performance, halal supply chain
, 309, 311, 314
PLS-based financing
, 106–108, 126
benefit of
, 126
Policies, economic
, 160–161
Population, total
, 248, 256, 275
Portfolios
, 3, 6, 8–9, 11–12, 14, 16, 19–20, 22, 81, 83–84, 86–94, 96–97, 99–100, 114, 186–187
conventional
, 6, 86, 92–93
neutral
, 17–18
Poverty
, 327, 329–330, 332–333, 337
Privatization
, 164, 166–167, 172
Producers, non-Muslim
, 286, 296
Product Disclosure Sheet (PDS)
, 137
Product knowledge
, 281, 299
Products
halal-labelled
, 218–219
imported
, 246, 258–260
non-halal
, 310, 315, 318
treasury
, 131, 137–138, 149
wa’d-based
, 131–132, 156
Profiling Islamic Banking Customers
, 227, 229, 231, 233, 235, 237, 239
Profitability
, 7–8, 11, 58–60, 63, 65, 67, 72, 74, 77, 103–104, 108, 118–119, 123, 126, 355
Profitability of Islamic banks
, 49, 58, 69, 72–73, 77, 103, 106, 118, 122, 126
Profit maximization
, 175, 262–264
Profit rates
fixed
, 150–151
floating
, 150–151
Property financing
, 138–140
Proportion of assets
, 192, 203, 205, 207–208
Proportion of equity
, 187, 192, 202, 205, 207–208
Purchase behavior
, 245–247, 249, 251, 253–257, 259, 261, 263, 265
Purchase behavior of Muslim consumers
, 245–246
Purchase decisions
, 245, 249, 258–260
Random effect model
, 73, 205, 206
Regulations
, 27–29, 31, 33, 35, 37, 39, 41–45, 52, 58, 126, 172, 219, 311, 316, 331
Regulatory requirements
, 30–33
Religiosity
, 253, 276, 282–283
Religious conversion
, 331–332
Religious perception of consumers
, 246, 263
Researcher
, 4, 136, 140–141, 144–145, 147, 149
Return on Asset (ROA)
, 49, 51, 54–55, 58, 63–65, 69, 72, 76, 111, 205–206, 347–348, 353
Return on Equity (ROE)
, 51, 54–56, 111, 205–206, 347–348, 353
Return performance
, 81–83, 85, 87, 89, 91, 93, 95–97, 99
Risk and Return Performance
, 83, 85, 87, 89, 91, 93, 95, 97, 99
Risk Management
, 131, 133, 135, 137, 139, 141, 143, 145, 147, 149, 151, 153, 157
Risk sharing paradigm of
, 103–127
Role of Wa’d in Risk Management
, 131, 133, 135, 137, 139, 141, 143, 145, 147, 149, 151, 153, 157