Purpose – The purpose of the study is to examine the willingness (or otherwise) of the Tunisian customers to adopt Islamic insurance services (takaful) and to determine the factors that influence their decisions. Design/methodology/approach – Hundred questionnaires are randomly distributed...

Purpose – The purpose of this paper is to examine the readiness of the Tunisian customers to adopt Islamic banking services, and the factors that might influence their decision. Design/methodology/approach – A total of 100 questionnaires were randomly distributed to Tunisian banking...

Purpose – The main purpose of this study is to investigate in detail the way each risk is being measured and managed by Islamic banks in the MENA region. Design/methodology/approach – This research attempts to examine the perceptions of Islamic bankers about the importance of transparency...

Based on a linear framework, this paper aims to examine the relationship between future spot rates and forward exchange rates using USD-TND data, thanks to traditional regressions and to the Vector Error Correction Model (VECM) in order to check if the Unbiasedness Forward Exchange Rate (UFER)...

Hundreds of studies have always shown that the forward premium is a biased predictor of the future change in the spot exchange rates; they have all tested major currencies with the exception of a recent research that has been undertaken in 2010 by Frankel and Poonawala and which instigates us to...

In the field of financial economics, the “Forward Rate Unbiased Hypothesis” (FRUH) has been the subject of intensive scrutiny by researchers. Empirical evidences suggest that there are major differences between the spot rates and the forward rates and the findings have not been able to yield...