Advances in Islamic finance, marketing, and management : an Asian perspective / / edited by Dilip S. Mutum, Mohammad Mohsin Butt, Mamunur Rashid

• Pubblicazione: Bingley, England : , : Emerald Group Publishing Limited, , 2017; ©2017
• Edizione: First edition.
• Descrizione fisica: 1 online resource (387 pages)
• Disciplina: 332.091767
• Soggetto topico: Finance - Asia; Finance (Islamic law) - Asia; Management - Asia
• Persona (resp. second.): MutumDilip S.; ButtMohammad Mohsin; RashidMamunur
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Front Cover -- Advances in Islamic Finance, Marketing, and Management -- Copyright Page -- Contents -- List of Contributors -- Preface -- Section I: Islamic Finance -- Chapter 1 The Last Alibi: Shari'ah Compliant Stocks on Momentum Profitability Assessment -- 1. Introduction -- 2. Data and Methodology -- 2.1 Data -- 2.2 Methodology -- 2.2.1 The JT individual stock momentum -- 2.2.2 The MG industry momentum -- 2.2.3 The industry neutral momentum -- 2.2.4 The size neutral momentum -- 3. Results -- 3.1 The JT Stock Momentum -- 3.2 The MG Industry Momentum -- 3.3 The Industry Neutral Momentum -- 3.4 The Size Neutral Momentum Profitability -- 4. Conclusion -- References -- Chapter 2 Regulation, Performance and Future Challenges of Sukuk: The Evidence from Asian Markets -- 1. Introduction -- 2. Regulatory Requirements for Sukuk Issuance -- 2.1. Identification of a Sharī'ah-Compliant Asset -- 2.2. Information on the Obligor, and the Number and Currency of Sukuk Transactions -- 2.3. Sukuk Structure and Prospectus -- 3. Steps to be Taken in the Issuance of Sukuk Structures -- 3.1. Steps Involved in the Structure of Sukuk Ijarah Issuance -- 3.2. Steps Involved in the Structure of Sukuk Mudarabah Issuance -- 3.3. Steps Involved in the Structure of Sukuk Musharakah Issuance -- 3.4. Steps Involved in the Structure of Sukuk Murabahah Issuance -- 4. Legal Documentations in Sukuk Issuance -- 4.1. Legal Documentation Required in Sukuk Ijarah -- 4.2. Legal Documentation Required in Sukuk Mudarabah -- 4.3. Legal Documentation Required in Sukuk Musharakah -- 4.4. Legal Documentation Required in Sukuk Murabahah -- 4.5. Legal Documentation Required in Sukuk Wakalah -- 4.6. Legal Documentation Required in Sukuk Salam -- 5. Sukuk: Their Implications for Asian Region -- 6. The Critical Analysis of the Issues Pertaining to Sukuk in Some Asian Jurisdictions. ; 7. Summary, Conclusion and Recommendations -- References -- Chapter 3 Determinants of Performance of Islamic Banks in GCC Countries: Dynamic GMM Approach -- 1. Introduction -- 2. Motivation of the Study -- 3. Economic Overview of GCC Countries -- 3.1. Overview of Banking Industry in GCC Regions -- 3.2. Overview of Islamic Banking in GCC Countries -- 4. Determinants of Profitability of Islamic Banks -- 4.1. Dependent Variable -- 4.2. Independent Variables -- 5. Methodology and Dataset -- 5.1. Data Collection -- 5.1.1. Methodology and econometric specifications -- 5.2. Descriptive Statistics -- 5.3. Correlation Matrix -- 5.4. Results of Model Estimations -- 5.4.1. Results of static models -- 5.4.2. Result of dynamic model (two-step differenced and system GMM and its robustness) -- 6. Concluding Remarks and Directions for Future Research -- References -- Appendix -- Chapter 4 Evidence of Risk and Return Performance of Islamic Mutual Funds: The Case of Malaysia -- 1. Introduction -- 2. Literature Review -- 3. Data and Methodology -- 3.1. Data -- 3.2. Methodology -- 4. Empirical Results -- 5. Conclusion and Limitation -- Acknowledgments -- References -- Chapter 5 Risk Sharing Paradigm of Islamic Banks: Case of Bangladesh -- 1. Introduction -- 2. Literature Review -- 3. Risk Sharing Practices in Selected South Asian Countries -- 3.1. Bangladesh -- 3.2. Pakistan -- 3.3. Maldives -- 3.4. India -- 4. Data and Methodology -- 4.1. Data -- 4.2. Autoregressive Distributed Lag Approach -- 5. Empirical Result and Discussions -- 5.1. Descriptive Statistics -- 5.2. Correlation Matrix -- 5.3. Unit Root Test -- 5.3.1. ADF test -- 5.3.2. PP test and KPSS test -- 5.4. VAR Order -- 5.5. F-Test for Long-Run Relation -- 5.6. Results of Estimated Long-Run Coefficients Using the ARDL Approach -- 5.7. Results of ECMs -- 6. Conclusion and Policy Implication -- References. ; Chapter 6 The Role of Wa'd in Risk Management: The Malaysian Experience -- 1. Introduction -- 2. Wa'd and Wa'dan -- 3. Overview of Malaysian Islamic Banking -- 4. Research Methodology -- 5. Wa'd in the Islamic Banking Products of Malaysia -- 5.1. Consumer Banking Products -- 5.1.1. Musyarakah Mutanaqisah home and property financing -- 5.1.2. Al-Ijarah Thumma Al-Bai' vehicle financing -- 5.1.3. Murabahah home financing -- 5.1.4. Tawarruq/commodity murabahah home financing -- 5.2. Trade Financing Products -- 5.2.1. Murabahah Islamic letter of credit -- 5.3. Treasury Product -- 5.3.1. Islamic FX forward -- 5.3.2. Islamic profit rate swap -- 5.3.3. Islamic cross currency swap -- 5.3.4. Ijarah rental swap -- 6. Conclusion -- References -- Chapter 7 Financial Crimes in Perspective of Public Policy and Islamic Law: Case of Pakistan -- 1. Public Policy - As an Introduction -- 1.1. Islamic Ideology -- 1.2. Rationality of the Connection between Islamic Ideology and public policy -- 1.3. Financial Crimes -- 1.4. Nexus of Financial Crimes and Public Policies -- 1.5. Financial Crime in the Light of Islam -- 2. Analysis of Context -- 2.1. Crafting of Pakistan and Islam - A Deep-Rooted Connection -- 2.2. Why Islamic States Are not Purely "Islamic" in spirit? -- 2.3. Public Policies and Islamic Republic of Pakistan -- 2.4. Institutional Theory -- 2.5. Financial Crimes, Islamic Law, and Pakistan -- 3. Methodology -- 4. Results and Discussion -- 4.1. Compliance with Islamic Principles - Basis of Pakistan -- 4.2. Prevailing Tax System as a Depiction of Inequity -- 4.3. Privatization - A Blessing or a Curse -- 4.4. Analysis of Functioning of Islamic Banking System as an Alternative to Interest-Based Banking -- 4.5. "Equitable Deregulation" - bringing into Use Islamic Principles -- 4.6. Discouraging Monopoly in the Light of Islam. ; 4.7. Money Laundering in the Light of Islam -- 4.8. Conflicting Concepts of Conventional Profit Maximization and Hoarding in Light of Islam -- 4.9. Discrepancy in Policy and Practice -- 5. Conclusion -- 6. Limitation and Future Research Directions -- References -- Appendix -- Chapter 8 Structural Mix of Credit Portfolios in Islamic Banking System: Evidence from a South Asian Economy -- 1. Introduction -- 2. Literature Review -- 2.1. Comparative Analysis of IBs AND CBs -- 2.2. Credit Portfolios -- 2.2.1. Sources of funding for banks -- 2.2.2. Significance of a dynamic credit mix for an emerging market -- 2.2.3. Nature of credit portfolios in banking sector -- 2.2.4. Classifications of credit portfolios -- Banking Sector of Pakistan -- 3. Research Methodology -- 4. Findings -- 5. Conclusion -- References -- Appendix -- Section II: Islamic Marketing -- Chapter 9 Islamic Marketing: Compatibility with Contemporary Themes in Marketing -- 1. Introduction -- 2. The Evolution of Marketing -- 3. Sustainability, Ethics, and Islamic Marketing -- 4. Conclusion and Recommendations -- References -- Chapter 10 Profiling Islamic Banking Customers: Does Product Awareness Matter? -- 1. Introduction -- 2. Literature Review -- 2.1. Overview of Islamic Banking -- 2.2. Islamic Banking Products/Services -- 2.3. Awareness of Islamic Banking Products -- 2.4. Demographic Variables and Awareness of Islamic Banking Products -- 2.4.1. Gender -- 2.4.2. Age -- 2.4.3. Religion and ethnicity -- 2.4.4. Education -- 2.4.5. Occupation -- 2.4.6. Income -- 3. Methodology -- 4. Analysis and Results -- 4.1. Demographic Profile of the Respondents -- 4.2. Awareness of Islamic Banking Products -- 4.3. Hypothesis Testing -- 5. Conclusion -- 6. Implications, Limitations and Future Research -- References. ; Chapter 11 The Role of Religion on Purchase Behavior of Muslim Consumers: The Context of Bangladesh -- 1. Introduction -- 2. Literature Review -- 2.1. Conventional Marketing versus Islamic Marketing -- 2.2. Theoretical Framework of Islamic Marketing -- 2.3. Dos and Don'ts of Islamic Marketing -- 2.4. Past Empirical Studies -- 3. Scope of the Study -- 4. Methodology -- 5. Results and Discussions -- 6. Challenges -- 7. Solutions and Recommendations -- 8. Conclusion -- 9. Limitations and Future Research Directions -- References -- Chapter 12 Consumer Behaviour, Perception and Planning Towards Halal Marketing -- 1. Introduction -- 1.1. Halal Concept in Islamic Finance and Halal Industry -- 1.2. Halal Industry in Asian Countries -- 2. Consumer Behaviour and Perception on Islamic Finance and Halal Products -- 2.1. Awareness and Product Knowledge -- 2.2. Religion and Religiosity -- 2.3. Price -- 2.4. Country of Origin -- 2.5. Halal Logo and Packaging -- 2.6. Advertising and Media -- 2.7. Involvement from Government and Related Organisation -- 3. Planning for Halal Marketing -- 3.1. Marketing Mix -- 3.2. Harmonisation of Shariah Governance -- 3.3. Integration of Islamic Finance Sector and Halal Industry -- 3.4. Integration of Government Agencies and Non-Government Agencies -- 3.5. Harmonisation of Fiqh Opinions -- 3.6. Research and Development -- 4. Conclusion -- References -- Chapter 13 Halal Logistics: The Role of Ports, Issues and Challenges -- 1. Introduction -- 2. Halal Concept -- 3. Halal Industry -- 4. Halal Supply Chain and Halal Logistics -- 5. The Role of Ports in Halal Logistics -- 6. Issues and Challenges -- 7. Malaysia's Role and Influence at the Global Level -- 8. Conclusion -- References -- Section III: Islamic Business and Management -- Chapter 14 Managing the Institution of Zakat: Case Study of Muallaf in Selangor, Malaysia. ; 1. Introduction.
• Sommario/riassunto: Demonstrating high quality theoretical and empirical findings in the areas of Islamic finance, banking, entrepreneurship, insurance, capital market, Islamic leadership, and Halal marketing, this new work includes topics on consumer perception, services orientation, new product development, risk management, industry readiness for better customer satisfaction, and policy issues coupling strategy and best practices. Of interest to both academics and practitioners who assist in making Shariah-centric strategies, this work is particularly important as Asia holds a major percentage of Islamic assets in South Asia, Southeast Asia, and the Middle East, with new opportunities opening in Central Asia.
• Titolo autorizzato: Advances in Islamic finance, marketing, and management
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910817103303321
• Lo trovi qui: Univ. Federico II