International Journal of Islamic and Middle Eastern Finance and Management: Volume 15 Issue 6

An alternative model for Islamic venture capital firms

Oussama Gafrej, Mouna Boujelbéne

The purpose of this paper is to propose a financial instrument by combining two main contracts in Islamic finance with the aim to minimize risks involved in Islamic venture…

An analysis of online sadaqah acceptance among university graduates in Malaysia

Hanudin Amin

This study aims to examine the factors influencing online sadaqah acceptance among university graduates in Malaysia.

Voluntary disclosure-cost of equity nexus and the moderating role of corporate governance: evidence from an extremely politically unstable context

Muiz Abu Alia, Islam Abdeljawad, Sara Emad Jallad, Mamunur Rashid

Higher degree of and commitment to voluntary disclosure (VD) and corporate governance (CG) helps contain information asymmetry, leading to lower cost of equity (Ke). This study…

Corporate governance of state-owned enterprises in Iran: an exploratory pathology

Vahid Beygi, Mohammad Abooyee Ardakan, Seyyed Mohammad Moghimi

Despite the rather adequate physical and human resources available to Iranian state-owned enterprises (SOEs), they have proved not only unproductive and unprofitable but also…

Impact of Qard-al-Hasan (interest-free loan) program in reducing multidimensional poverty: an evidence from the southwest Bangladesh

Farah Muneer, Foyasal Khan

This paper aims to investigate the effectiveness of Qard-al-Hasan (QH) or interest-free loan in reducing multidimensional poverty through examining Fael Khair Waqf (FKW) program…

Asymmetric dependence structures and decoupling hypothesis: Islamic versus conventional equity indices with copula approach

Fatma Houidi, Siwar Ellouze

The purpose of this paper is to examine the dependence structure between the US conventional stock market and each Islamic and conventional stock market provided by the Dow Jones…

Determining intention to choose Islamic financial products using the attitude–social influence–self-efficacy (ASE) model: the case of Turkey

Metin Saygılı, Sedat Durmuşkaya, Nihal Sütütemiz, Ahmet Yağmur Ersoy

This study aims to analyze the effects of attitude, social influence and self-efficacy on the behavior of using Islamic financial products based on the attitude–social…

Volatility spillover effects between oil and GCC stock markets: a wavelet-based asymmetric dynamic conditional correlation approach

Ho Thuy Tien, Ngo Thai Hung

This study aims to examine the spillover effects of the mean and volatility between oil prices and stock indices of six Gulf Cooperation Council (GCC) countries (UAE, Kuwait…

Toward the Black–Litterman with Shariah-compliant asset pricing model: a case study on the Indonesian stock market during the COVID-19 pandemic

Retno Subekti, Abdurakhman , Dedi Rosadi

This research aims to demonstrate portfolio modeling, which leads to Sharia compliance in encountering crises because of COVID-19. The authors proposed modifying the…