Econometric policy evaluation: A critique

(1962). Management Models and Industrial Applications of Linear Programming. Journal of the Operational Research Society: Vol. 13, No. 3, pp. 274-275.

https://link.springer.com/content/pdf/10.1057%2Fjors.1962.42.pdf

Management Models and Industrial Applications of Linear Programming

A review of recent studies on sustainable urban renewal

A contemporary survey of islamic banking literature

Research about the role of religion in entrepreneurship and more broadly management is sparse. In this conceptual article, we complement existing entrepreneurship theory by examining entrepreneurship from an Islamic perspective (EIP). EIP is based on three interconnected pillars: the entrepreneurial, socio-economic/ethical, and religio-spiritual. We outline how Islam shapes entrepreneurship at the micro-, meso-, and macro-level, indicate how Islam may be considered an entrepreneurial religion in the sense that it enables and encourages entrepreneurial activity, review research streams interlinking Islam with entrepreneurship and management and outline promising research approaches.

/pdf/entrepreneurship-from-an-islamic-perspective-2xg5tifs7l.pdf

Entrepreneurship from an Islamic Perspective

Purpose - The purpose of this paper is to assess key issues in measurement and management of operational risk in Malaysian Islamic banks. Design/methodology/approach - Descriptive, analytical, and comparative analyses are used to discuss the issues of operational risk in Islamic bank through the implications associated with the Islamic banks' operational risk as well as the implications on risk measurement, risk management, and capital adequacy. Findings - Discussion on operational risk in Islamic banks is significant and becoming more complicated compared with conventional banking because of the unique contractual features and general legal environment. While basic Basel II core principles of effective banking supervision apply equally well and ideally suit the Islamic banking institutions, risk measurement, and risk management practices still need specific adaptations to Islamic banks' operational characteristics. These particularities highlight the unique characteristics of Islamic banks and raise serious concerns regarding the applicability of the Basel II methodology for Islamic banks. Research limitations/implications - This study has important implications for the understanding of operational risk, particularly the specific issues of the Islamic banks' operational risk that arise from the different nature of the financing and investment activities of the banks. With regard to measuring operational risk capital charge, the banks have to choose the right and effective method to ensure the operational risk capital charge will be more in line with the banks' actual risk profile and thus will provide the adequate capital and an improved buffer once the losses are announced. Originality/value - The paper will fill the gap to the existing literature of operational risk in banking institutions especially Islamic banks, by showing the needs of specific adaption of operational risk measurement and risk management practices due to the nature of Islamic banks.

Operational risk in Islamic banks: examination of issues

Religion and work are seldom discussed. The two have caused scholars to question the religion’s role with work. This paper reviews research on the integrate between religion and work by examining issues of concept, definition, measurement, and reviewing research that examines the relationship of work and religion with respect to: different times, types of people, organize human interactions and sources of knowledge. We then discuss the methodological requirement for reintegrating work studies into social institutional theory and indicate what the conceptual payoffs of such integration might be. These payoffs include breaking new conceptual ground, resolving theoretical puzzles and envisioning the nature of new social institutions

https://mpra.ub.uni-muenchen.de/41351/1/Jurnal_bringing_work_back.pdf

Bringing Work Back in Islamic Ethics

This study examines the impact of financing structure on Islamic banks’ credit risk exposure via four measures: 1) real estate financing; 2) financing specialization; 3) short-term financing structure stability; and 4) medium-term financing structure stability. While controlling the bank-specific variables, our findings indicate that real estate financing and financing structure stability to some extent influence credit risk exposure. However, the significant effects disappear when we incorporated the macroeconomic variables in the framework. This implies that the impact of financing structure on credit risk exposure may be misleading when one ignores the role of macroeconomic fundamentals. Hence, it is hoped that our findings will help the policy makers as well as practitioners do make accurate judgements in the decision making process.

Credit Risk and Financing Structure of Malaysian Islamic Banks

Vulnerability of financial markets in India: The contagious effect of COVID-19

Poverty alleviation has always been one of the top agendas in Malaysia. On Friday, October 7 th 2011, the Prime Minister of Malaysia presented the 2012 national budget to the cabinet. Set to make a difference in the next year, the budget focuses on the poverty alleviation and social welfare. For that, the government has allocated RM2.6 billion for its Social Safety Net program called “Bantuan Rakyat 1 Malaysia” that aims to improve the quality of life of the nation. This paper is thus written to offer possible alternative (theoretically at least) to solve the social problem of poverty. Cash waqf will specifically be analyzed in this paper as an alternative instrument that can overall improve the social welfare and reduce the poverty rate and at the same time, lessen the burden of the government. The paper is constructed by reviewing some current journals, government reports and other publications that revolve around the matter. In order to analyze the potential of cash waqf model in the dynamic system, the study is conducted using system dynamics methodology. The feedback nature of the whole system can be modeled and figures can be derived from the computer simulation. The simulated results seem to be promising as they show significant result in alleviating poverty by up to 50%. Apart from that, the amount that government can save is substantially significant to be be discarded. Total savings can go over RM13 billion or an average of RM433 million a year over 30 years. Given the findings, the government can take into account the potential of cash waqf in formulating future policies. On top of that, the findings could prompt more research to be done in this particular area using the system dynamics methodology as it is believed that there are still a lot more that can be explored in this research field.

/pdf/tackling-poverty-a-look-at-cash-waqf-32gqkgn8e3.pdf

Shahida Shahimi

Papers

Operational risk in Islamic banks: examination of issues

Bringing Work Back in Islamic Ethics

Credit Risk and Financing Structure of Malaysian Islamic Banks

Vulnerability of financial markets in India: The contagious effect of COVID-19

Tackling Poverty: A Look At Cash Waqf