Research explorer tool

15 results

The Integrity of Islamic Finance

Book Chapter
Minhat, M., Dzolkarnaini, N., & Abdullah, M. (2021)
The Integrity of Islamic Finance. In M. Minhat, & N. Dzolkarnaini (Eds.), Ethical Discourse in Finance - Interdisciplinary and Diverse Perspectives (103-123). Cham, Switzerland: Palgrave Macmillan. https://doi.org/10.1007/978-3-030-81596-7_6
This chapter provides a critical account of popularly used Islamic financial instruments and discusses the gap between theory and practice in Islamic financial industry. The c...

Regulating Islamic Finance in the UK: Issues and Possible Solutions

Book Chapter
Minhat, M., & Dzolkarnaini, N. (2021)
Regulating Islamic Finance in the UK: Issues and Possible Solutions. In M. Minhat, & N. Dzolkarnaini (Eds.), Ethical Discourse in Finance - Interdisciplinary and Diverse Perspectives (171-200). Cham, Switzerland: Palgrave Macmillan. https://doi.org/10.1007/978-3-030-81596-7_9
This chapter reveals critical issues and risks in relation to the regulatory strategies for Islamic financial market in the UK. It is argued that improper regulation would exp...

Ethical Discourse in Finance: Interdisciplinary and Diverse Perspectives

Book
Minhat, M., & Dzolkarnaini, N. (Eds.)
(2021). Ethical Discourse in Finance: Interdisciplinary and Diverse Perspectives. Cham, Switzerland: Palgrave Macmillan. https://doi.org/10.1007/978-3-030-81596-7
Ethical discourse is commonly not a priority in a conventional finance syllabus. Moral sentiments often take a back seat to market sentiments, even in shaping the direction of...

How Much Is Hidden? Pay for Elites in Government-Linked Entities

Book
Minhat, M., & Dzolkarnaini, N. (2019)
How Much Is Hidden? Pay for Elites in Government-Linked Entities. Penang, Malaysia: Consumers Association of Penang
The presence of government-linked entities as influential players in the financial markets and economy sets Malaysia’s business ecosystem apart from competitive market-based s...

Islamic Finance

Book Chapter
Minhat, M., & Dzolkarnaini, N. (2016)
Islamic Finance. In M. C. Ehrhardt, E. Brigham, & R. Fox (Eds.), Financial Management: Theory and PracticeCengage
No abstract available.

Which firms use Islamic financing?

Journal Article
Minhat, M., & Dzolkarnaini, N. (2017)
Which firms use Islamic financing?. Economics Letters, 150, 15-17. https://doi.org/10.1016/j.econlet.2016.10.036
This study explores to what extent the Islamic financing instruments are used by non-financial firms and whether profitability influences such financing choice. Based on a pan...

Islamic corporate financing: does it promote profit and loss sharing?

Journal Article
Minhat, M., & Dzolkarnaini, N. (2016)
Islamic corporate financing: does it promote profit and loss sharing?. Business Ethics: A European Review, 25(4), 482-497. https://doi.org/10.1111/beer.12120
Islamic financing instruments can be categorised into profit and loss/risk sharing and non-participatory instruments. Although profit and loss sharing instruments such as mush...

Bankers’ stock options, risk-taking and the financial crisis

Journal Article
Minhat, M., & Abdullah, M. (2016)
Bankers’ stock options, risk-taking and the financial crisis. Journal of Financial Stability, 22, 121-128. https://doi.org/10.1016/j.jfs.2016.01.008
This study investigates the relationship between the use of stock options and bank risk in the context of the 2007-2008 financial crisis for banks that are authorised to accep...

Islamic finance: is it about how fast to get there?

Journal Article
Minhat, M., & Dzolkarnaini, N. (2015)
Islamic finance: is it about how fast to get there?. Islamic Finance Review, 5(4), 64-67
In this article, we call for the sincerity and honesty of Islamic finance academics in disseminating knowledge about the real state of the Islamic finance industry. Uncomforta...

Is executive compensation a substitute governance mechanism to debt financing and leasing?

Journal Article
Minhat, M., & Dzolkarnaini, N. (2016)
Is executive compensation a substitute governance mechanism to debt financing and leasing?. Applied Economics, 48(14), 1293-1302. https://doi.org/10.1080/00036846.2015.1100247
This study examines whether and how CEO equity incentives relate to financing choices (i.e., debt and leases). Using manually collected CEO compensation and lease data for a s...