One of the features of any hegemonic system of thought and practice is that while it may be possible to think and act against it, the difficulties of thinking and acting outside the terms of reference that have been set by it are immense

The title of the paper deals with an important issue: Is moral Islamic economics an answer to the global financial crisis? When we look at the literature, we do not have too much to say to answer this question

Many researchers have shown that differences in legal origin explain differences in financial development. Using historical comparisons and cross-country regressions for 30 countries observed for the period from 2005 to 2010, this study tried to assess if different legal origins impacted on the...

This book demonstrates how the global market for Islamic financial services has shown strong growth in recent years and shown remarkable resilience during the global financial crisis.Drawing on a range of international perspectives from the Gulf Cooperation Council countries, Malaysia, Pakistan,...

Purpose The purpose of the study is to measure cross-country stock market correlation and volatility transmission during the global coronavirus disease 2019 (COVID-19) pandemic. The paper traces trajectory of Islamic equity investments in order to get insights on the behavior of the markets...

Purpose - Using cross-country data on the 1,000 largest global banks for 2019, the paper aims to examine the response of bank risk and returns to the pandemic. Design/methodology/approach - The author employs weighted least squares (WLS) techniques for the purposes of analysis. Findings - The...

How resilient are Islamic and conventional equity markets in turbulent times such as financial crises and periods of financial distress? Findings from a unique dataset of six countries/regions suggest that the impact of a crisis on Islamic equity markets can be up to 77% lower during most...