Purpose – The purpose of this paper is to validate the concern that banks' increasing involvement in securitization activity restrains banks' lending, as well as their degree of risk tolerance. Theoretical frameworks claim that securitization reduces risk, hence decreasing banks' degree of...

Purpose – This paper aims to analyze the nature, mechanisms, conventional and modern instruments, dynamics, and the future possibilities of the contemporary phenomenon of financial globalization from the point of view of identifying and addressing the corresponding real politico-economic...

Purpose – The purpose of this paper is to evaluate the performance of musharakah (equity participation) in terms of profitability and risk; to investigate musharakah management to recognise the obstacles and factors influencing decision-making and to investigate the implications of using...

Purpose – Muslims as an ummah (community) held knowledge power for more than 500 years and dominated in the field of historiography, religious texts, medicine, astronomy, mathematics, sciences, literature, geography and travel and many other areas during AD 750-950 in world history. But the...

Purpose – The paper was written to highlight the advantages of initiating economic integration among Muslim countries across the globe, drawing special lessons from Europe's experience; its successful economic integration and challenges which trailed the process. Design/methodology/approach –...

Purpose – Recent trends have seen an upward surge in the number of foreign students coming to study in Australia but most of them have chosen to stay in metropolitan cities. Recognising that foreign students studying in regional Australia are making a significant contribution to regional...

Purpose – The purpose of this paper is to provide an analysis of different sukuk structures from a financial perspective. This examination includes murabahah and ijara-based sukuk, the former offering a fixed return, and the latter, the most popular form of sukuk, a variable return. The...

Purpose – The main purpose of this paper is to review the microfinance scheme and discuss how Islamic banks can participate in such an endeavour without actually compromising the issue of institutional viability and sustainability. Design/methodology/approach – The paper is based on an...

Purpose – The purpose of this short paper is to provide an alternative method to explain the reason why the outcome of the ultimatum game based on the well-known self-interest model is not feasible in real life. Design/methodology/approach – Contrary to traditional models which treat...

Purpose – Many organizations in the local community environment use and produce geo-spatial data, so the need for integration of geo-data is increasing rapidly. Different user groups have different views of the world and information is available in a heterogeneous format. This paper seeks to...