Managerial Finance: Volume 27 Issue 10/11

The Islamic model of administration: strategy, implementation and implications

Muhammad A. Al‐Buraey

Puts forward an “ideal Islamic administration model” (based on Islamic principles “synthesized with modern thought”), explains the role of the Islamist as change agent and…

Culture, finance and markets in Saudi Arabia

Masudul Alam Choudhury, Sulaiman A. Al‐Sakran

Explains how the adoption of Islamic law (Shariah) theoretically affects a political economy, why it requires the abolition of interest rates as a price for money and how this is…

Analysis of diversification benefits of investing in the emerging gulf equity markets

Abraham Abraham, Fazal J. Seyyed, Ali Al‐Elg

Refers to previous research on the advantages of international portfolio diversification, gives an overview of the stock markets in Bahrein, Kuwait and Saudi Arabia; and assesses…

Leverage determinants in the absence of corporate tax system: the case of non‐financial publicly traded corporations in Saudi Arabia

Sulaiman A. Al‐Sakran

Reviews previous research on the factors affecting the proportions of debt and equity used to finance firms, describes the Saudi Arabian tax system (based on net worth) and stock…

An epistemological approach to evaluating a financial index of profitability and wellbeing: the case of Islamic instruments in National Commercial Bank, Saudi Arabia

Masudul Alam Choudhury, Hasan M. Al‐Hallaf

Asserts that the world needs to integrate economic issues with social demands and discusses ideas on the unity of knowledge (including Islamic theories). Develops a string model…

Privatisation in Saudi Arabia: an attitudinal survey

Mohammed Al‐Sarhan, John R. Presley

Outlines the background to privatization in Saudi Arabia and reports a survey to assess the attitudes of businessmen and public sector employees to it. Finds that 91 per cent…

The implications for employment conditions of foreign direct investment in Saudi Arabia: lessons from the Saudi Arabian Basic Industries Corporation

Abdullah Al‐Salamah, Rodney Wilson

Outlines the role of the Saudi Arabian Basic Industries Corporation (SABIC) in Saudi economy policy: chiefly industralisation through joint ventures with foreign multinationals…