Purpose – The purpose of this paper is to propose the development of return forecasting model for mudharabah time deposit product in Islamic bank based on artificial neural networks (ANNs). Design/methodology/approach – The analysis consists of two main elements. First element is the...

Purpose – The purpose of this paper is to suggest that the modern economic theory of bureaucracy developed by economists Breton and Wintrobe is a heretofore unrecognized precursor to the new public management (NPM) construct. Design/methodology/approach – After presenting a comparison of the...

Purpose – The purpose of this paper is to investigate first, the consumer buying behaviour and claims pattern of medical and health insurance (MHI)/medical and health takaful (MHT) policies and second, to determine whether moral hazard exists among policyholders at the time of application for...

Purpose – The purpose of this paper is to assess the potential of Islamic financing schemes for microfinancing purposes. Design/methodology/approach – The paper contends that Islamic finance has an important role to contribute for furthering socio-economic development of the poor and small...

Purpose – The purpose of this paper is to show that the assignment of right between the principal and the agent, under which the latter have the management of the assets that the former own, is similar to that between citizens and politicians in representative democracy, and it could, in both...

Purpose – The purpose of this paper is to develop principles through which the global economic structure could become more equal and just; it begins by demonstrating that world poverty is pervasive, and that the global economic structure is very unequal. Design/methodology/approach – The...

Purpose – The purpose of this paper is to argue that free market capitalism is neither efficient nor just. This is in spite of the claims made by its proponents who, utilizing Adam Smith's doctrine of invisible hand or the fundamental theorem of welfare economics, assume that it is efficient,...

Purpose – The purpose of this paper is to suggest a way to improve the effectiveness of Islamic micro-financing in Indonesia. Design/methodology/approach – The approach taken to measure and evaluate the effectiveness of micro-financing is to point out the change of micro-enterprises'...

Purpose – This study aims to consider the nineteenth century relationship between biological markers and employment. This relationship is also considered for different occupations and by race. Design/methodology/approach – Using a large source of nineteenth century Texas state prison...

Purpose – The purpose of this paper is to discuss how reproductivity (child-rearing) fits into ethics. It aims to use objectivist ethics (OE) specifically as the framework for considering this. Design/methodology/approach – The approach is conceptual in nature. Economic concepts are used to...