Islamic Economic Studies: Volume 27 Issue 1 , Open Access

A model of the Islamic sovereign wealth fund

Salman Bahoo, M. Kabir Hassan, Andrea Paltrinieri, Ashraf Khan

The purpose of this paper is to propose a model of the Islamic sovereign wealth funds (ISWFs) based on Islamic finance principles to modify the precarious image of SWFs from…

Does doing good pay off?: Social impact bonds and lessons for Islamic finance to serve the real economy

Syed Marwan, Mohamed Aslam Haneef

The purpose of this paper is to examine the world’s first social impact bond (SIB) and the lessons that can be learned for the Islamic finance industry to fulfil its true…

Innovative solutions to tap “Micro, Small and Medium Enterprises” (MSME) market: A way forward for Islamic banks

Muhammad Mohsin Hakeem

The purpose of this paper is to indicate an innovative solution to address the financing issues faced by “Micro-, Small and Medium Enterprises” (MSME) in emerging economies.

Reciprocity, self-interest and reputation: debt vs equity contracts

Syed Munawar Shah, Mariani Abdul-Majid

The purpose of this paper is to examine whether reputation element affects the decision relative performance of trust, bonus and incentive contracts using social laboratory…

Performance of initial public offerings (IPOs): the case of Shariah-compliant companies

Nurwahida Yaakub, Mohamed Sherif

The purpose of this paper is to examine the informational value of Shariah-compliant disclosure in the Malaysian initial public offerings (IPOs) prospectus and whether…