Journal of Islamic Accounting and Business Research: Volume 12 Issue 7

Stage-I Shariah compliant Macaulay’s duration model testing

Syed Alamdar Ali Shah, Raditya Sukmana, Bayu Arie Fianto

The purpose of this study is to develop, test and examine econometric methodology for Sharīʿah-compliant duration models of Islamic banks.

Prepayment rebate in Islamic microfinance cost-plus sale: a descending rebate proposed approach

Islam Mohamed Kamal

This paper aims to propose an Islamic compliant approach that deals with the prepayment rebate on debts resulting from cost-plus sales and their accompanied sale-based financing…

Dynamic diversification benefits of Sukuk and conventional bonds for the financial performance of MENA region companies: empirical evidence from COVID-19 pandemic period

Mahdi Ghaemi Asl, Muhammad Mahdi Rashidi

This study aims to investigate the spillover between the Middle East and North Africa (MENA) stock index and several security indices, including Sukuk and conventional bond, and…

Can country risks predict Islamic stock index? Evidence from Indonesia

Masrizal, Raditya Sukmana, Muhammad Ubaidillah Al Mustofa, Sri Herianingrum

This study aims to examine the relationship between the Indonesian Islamic capital market, the country's risk and macroeconomic factors.

Sukuk and monetary policy transmission in Indonesia: the role of asset price and exchange rate channels

Suriani Suriani, M. Shabri Abd. Majid, Raja Masbar, Nazaruddin A. Wahid, Abdul Ghafar Ismail

The purpose of this study is to empirically analyze the role of sukuk in the monetary policy transmission mechanism through the asset price and exchange rate channels in the…

The impact of COVID-19 on Islamic banks in Bangladesh: a perspective of Marxian “circuit of merchant’s capital”

Mohammad Dulal Miah, Yasushi Suzuki, S. M. Sohrab Uddin

This paper aims to assess the probable impact of COVID-19 on the Islamic banking system in Bangladesh. More specifically, it attempts to test the hypothesis that Islamic banks are…

Spillovers and bivariate portfolios of gold-backed cryptocurrencies and gold during the COVID-19 outbreak

Bayu Adi Nugroho

This paper aims to analyze the time-varying connectedness of gold-backed cryptocurrencies and gold. This study determines the volatility spillovers in these two asset classes and…