ORCID Profile
0000-0003-3964-1959
Current Organisation
International Islamic University Malaysia
Does something not look right? The information on this page has been harvested from data sources that may not be up to date. We continue to work with information providers to improve coverage and quality. To report an issue, use the Feedback Form.
Publisher: Emerald
Date: 07-09-2015
DOI: 10.1108/IJMF-12-2014-0196
Abstract: – The purpose of this paper is to investigate the expected outcomes, both of positive and negative returns occurred by shariá credit instruments in global Islamic banks. The annual panel data from 2005 to 2012 is collected from 40 Islamic banks from 12 countries and value at risk (VaR) technique is employed in the investigation process. The findings of this study indicate several outcomes: first, majority of Islamic banks use debt-based financing (DBF) and avoid asset-based financing (ABF) due to the lack of secured rate of fixed returns and collateral. Second, the ABF financing shows the positive returns. Third, interestingly, DBF financing faces higher credit risk compared to ABF even DBF secures its financing through tight policy implementation. Finally, this paper comes up with policy recommendations for the further reduction of credit risks and improvement of bankers’ confidence level in implementing the ABF financing policy. – VaR on panel data. – Shariá credit instruments play an important role. – Data findings. – Fully original.
Publisher: Elsevier BV
Date: 06-2015
Publisher: Springer Science and Business Media LLC
Date: 17-07-2021
Publisher: Elsevier BV
Date: 12-2017
Publisher: Emerald
Date: 02-12-2019
Abstract: The purpose of this paper is to examine the nexus between Asian and the US short-term financing rates and compare them between pre- and post-Asian financial crisis. The short-term financing rate is used in the estimation by employing two-stage cointegration test. The result of the empirical study shows several outcomes the short-term financing rates among the selected Asian countries are not highly correlated during pre-crisis period, but the rates become strongly associated during the post-crisis period. The US financing rate has significant influence on the Asian rate during both periods. Asian financing rates are not integrated by the influence of the USA, rather regional cooperation and financial initiatives lead the regional financing rate to be integrated. The empirical finding of the study offers significant policy implications for strengthening regional economic bonding and developing the financial systems.
Publisher: World Scientific Pub Co Pte Lt
Date: 03-2019
DOI: 10.1142/S0219091519500024
Abstract: This paper aims to investigate the degree of financial integration by employing Markov Switching (MS) technique. It further examines the influence of financial integration on the real sectors by employing GMM approach. The finding indicates following outcomes (1) the financial markets of ASEAN[Formula: see text]3 economies are weakly integrated during pre-agreement periods (2) the degree of financial integration improves during post-agreement period in which financial integration has positive influence on the real economy (3) higher degree of financial integration indicates a positive influence on the real economies. Finally, this study offers policy implication for stabilizing the real economy.
Publisher: Emerald
Date: 17-07-2017
Publisher: Informa UK Limited
Date: 18-08-2016
Publisher: Elsevier BV
Date: 10-2017
Publisher: Elsevier BV
Date: 02-2016
Publisher: Elsevier BV
Date: 2017
Location: No location found
No related grants have been discovered for Shahari Farihana.