International Journal of Economics, Finance and Management Sciences

Volume 3, Issue 5, September 2015

  • A Dynamic Panel Data Analysis for Islamic Finance and Economic Growth

    Tarek Sadraoui, Hanen Hleli

    Issue: Volume 3, Issue 5-2, September 2015
    Pages: 1-6
    Received: Apr. 09, 2015
    Accepted: Apr. 10, 2015
    Published: Aug. 21, 2015
    DOI: 10.11648/j.ijefm.s.2015030502.11
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    Abstract: This paper examines the dynamic interactions between Islamic Finance and economic growth by employing panel data econometrics, the Cointegration test and Unit root tests to see whether the financial system influences growth and growth transforms the operation of the financials system in the long-run. We use panel data of total Islamic bank financin... Show More
  • Takaful (Islamic Insurance): When We Started and Where We are Now

    Syed Ahmed Salman, Hafiz Majdi Ab. Rashid, Sheila Nu Nu Htay

    Issue: Volume 3, Issue 5-2, September 2015
    Pages: 7-15
    Received: Apr. 28, 2015
    Accepted: May 03, 2015
    Published: Aug. 21, 2015
    DOI: 10.11648/j.ijefm.s.2015030502.12
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    Abstract: The idea and practice of Takaful is not new as it was practiced during the time of the Prophet Muhammad (PBUH) by its adoption of the concept of Aqilah. Due to the complex nature of business activities and evolving human needs, Takaful is now fully commercialised and is an important part of the financial markets. Since it is important in our daily ... Show More