International Journal of Islamic and Middle Eastern Finance and Management: Volume 16 Issue 3

The intention of small and medium enterprises' owners to participate in waqf: the case of Malaysia and Indonesia

Nisful Laila, Ririn Tri Ratnasari, Shafinar Ismail, Putri Aliah Mohd Hidzir, Mohd Halim Mahphoth

The purpose of this study is to assess small and medium-sized enterprises (SMEs) owners’ intentions to participate in waqf, involving two countries, which are Malaysia and…

Monetary transmissions mechanism for Islamic capital markets: evidence from Markov switching dynamic regression approach

Zaheer Anwer, Ahmed Sabit, M. Kabir Hassan, Andrea Paltrinieri

This study akims to investigate the effectiveness of expansionary monetary policy for Islamic capital markets by studying the impact of decrease in policy rates on seven Islamic…

Regime specific spillover between Dow Jones Islamic Market World Index, Islamic gold-backed crypto currencies and the blockchain halal index

Yousra Trichilli, Mouna Boujelbéne

The purpose of this paper is to explore the relationship between Dow Jones Islamic Market World Index, Islamic gold-backed cryptocurrencies and halal chain in the presence of…

Zakat payment from cryptocurrencies and crypto assets

Aishath Muneeza, Saeed Awadh Bin-Nashwan, Magda Ismail Abdel Moshin, Ismail Mohamed, Abdelrahman Al-Saadi

This paper aims to examine the existing practice of accepting zakat payments using cryptocurrencies and crypto assets by discussing its Shariah issues.

Cash holdings and firm performance: empirical analysis from Shariah-compliant and conventional corporations

Faisal Alnori, Abdullah Bugshan

This paper aims to provide a comprehensive investigation into the different roles of cash holding decisions on Shariah-compliant and non-Shariah-compliant firms’ performance…

Do trust and country governance affect credit growth in GCC countries?

Mohamed Albaity, Ray Saadaoui Mallek, Hussein A. Hassan Al-Tamimi, Philip Molyneux

This study aims to investigate whether quality of governance (QoG), trustworthiness and confidence impacted bank credit growth in Gulf Cooperation Council (GCC). In addition, it…

The asymmetrical linkage between oil price and banking stability in the MENA region

Ahmed Rufai Mohammad, Sirajo Aliyu

This paper aims to empirically investigate the asymmetrical relationship between changes in oil price and the banking stability of the conventional and Islamic banks in the Middle…

Exploring the dynamics of bank liquidity holding in Islamic and conventional banks

Khalil Yahya Mohammed Abdo, Abu Hanifa Md. Noman, Mohamed Hisham Hanifa

This study aims to address how Islamic banks (IBs) and conventional banks (CBs) manage their liquidity and their speed of adjusting liquidity holdings both in the short- and long…

Covid-19 and informational efficiency in Asian emerging markets: a comparative study of conventional and Shariah-compliant stocks

Muhammad Wajid Raza, Bahrawar Said, Ahmed Elshahat

This study aims to provide a comparative insight into the level of informational efficiency and irregularities of Shariah-compliant stocks and conventional stocks in three…

From revolutions to institutions: the experience of Arab reform

Islam Abdelbary

The purpose of this study is to outline the reasons for the 2011 Arab Spring and why the Arab states failed to achieve sustainability and inclusive growth over the past three…

Sukuk and bond dynamics in relation to exchange rate

Syed Mabruk Billah, Thi Thu Ha Nguyen, Md Iftekhar Hasan Chowdhury

This study aims to contribute by expanding the existing literature on Sukuk return and volatility and exploring the implications of the Sukuk-exchange rate interactions.

Does the conventional money market overnight rate influence the investment rate of Islamic deposits? Evidence from Malaysia

Jingya Li, Ming-Hua Liu, Keshab Shrestha

The paper aims to examine whether the daily conventional money market overnight rate influences the monthly investment rate of Islamic deposits in Malaysia. The traditional…