Category Archives: Research

Heads we win, tails you lose: is there equity in Islamic equity funds?

Abstract We made the first estimate of the proportion of fund alpha statistically attributable to [...]

Determinant of securitization spread in Malaysia

Abstract Malaysian firms have been reported to be involved in Asset-Backed Securities since 1986 when [...]

The less developed states are converging to the richer state in Malaysia: an empirical investigation with some robust results

Abstract The present paper addresses the question whether the less developed states, namely; Kedah, Kelantan, [...]

Does low leverage minimise the impact of financial shocks? New optimisation strategies using Islamic stock screening for European portfolios

Abstract This study embodies a preliminary endeavour at analysing the impact of leverage on portfolio [...]

Oil and food prices in Malaysia: a nonlinear ARDL analysis

Abstract The present paper analyses the relations between food and oil prices for Malaysia using [...]

Islamic conception of psychological nature of man; development and validation of scale with special reference to Al-Ghazali’s model

Abstract This paper aims to develop and validate a scale for Islamic conception of psychological [...]

Does prospectus information matter in IPO pricing?

Abstract The purpose of this study is to identify selected information from the prospectus that [...]

Bonds with index-linked stochastic coupons in quantum finance

Abstract An index-linked coupon bond is defined that pays coupons whose values are stochastic, depending [...]

Nonfinancial traits and financial smartness: international evidence from Shariah-compliant and socially responsible funds

Abstract This paper examines the flow-performance relationship and the presence of “Smart money effect” in [...]

Comment on “US trade policy in the Trump administration”

Abstract Noland (2018) has done a remarkable service, not only putting the subject matter in [...]