International Journal of Islamic and Middle Eastern Finance and Management: Volume 7 Issue 4

Is global financial and social stability possible?

Masudul Alam Choudhury

The purpose of this paper is to investigate on the social wellbeing aspects of human sustainability. Linked to this is the investigation on how economic stability and social…

Dow Jones Islamic Market US Index: Applying technical analysis from a comparative perspective

Mohammad Omar Farooq, Md. Hasib Reza

The purpose of this paper is to apply technical analysis to some leading Islamic indices and explore if these indices are amenable to the same kind of analysis as applied to…

Commitment and trust in achieving financial goals of strategic alliance: Case in Islamic microfinance

Imam Wahyudi

This paper aims to illustrate theoretically and empirically the decision and result of strategic alliance between baitul maal wa tamwil (BMT) and Islamic banks as a relationship…

The causality between returns of interest-based banks and Islamic banks: the case of Turkey

Etem Hakan Ergec, Bengül Gülümser Kaytanci

This study aims to test whether the Islamic bank rate of returns are affected by the deposit rates of the interest-based bank in Turkey and whether they need to develop additional…

Benefits of international portfolio diversification: Implication of the Middle Eastern oil-producing countries

S. Jamaledin Mohseni Zonouzi, Gholamreza Mansourfar, Fateme Bagherzadeh Azar

This paper aims to investigate opportunities of the short- and long-run international portfolio diversification (IPD) benefits by investing in the Middle Eastern oil-producing…

Purifying Islamic equities: the interest tax shield

Mark Brendan Mulcahy

– This paper aims to add to the debate regarding the appropriate methodology to purify tainted components from shari’ah-compliant equities.

Tawarruq application in Islamic banking: a review of the literature

Nasrun Mohamad, Asmak Ab Rahman

This paper aims to present the results of a comprehensive literature review with regard to the application of Tawarruq in the Islamic banking system covering the period between…

Erratum

Editor notes

M. Kabir Hassan