[HTML][HTML] An Overview of Islamic Accounting: The Murabaha Contract

R Moosa - Journal of Risk and Financial Management, 2023 - mdpi.com
The purpose of this study is to consider the events leading to the development of modern
accounting standards for Islamic banks and, thereafter, to consider the accounting process …

Do Sukuk provide diversification benefits to conventional bond investors? Evidence from Turkey

B Pirgaip, Ö Arslan-Ayaydin, MB Karan - Global Finance Journal, 2021 - Elsevier
We investigate the contribution of Sukuk in diversification of bond portfolios. We do so by
comparing Turkish bond funds that invest exclusively in conventional bonds (pure …

Macro level literature analysis of Islamic banking and finance in Covid-19 crisis

MW Raza - Journal of Islamic Accounting and Business Research, 2024 - emerald.com
Purpose The purpose of this study is to conduct a systematic content review and bibliometric
analysis of the current research trends, core concepts and knowledge mapping on the topic …

Faith-based norms and portfolio performance: Evidence from India

M Dharani, MK Hassan, A Paltrinieri - Global Finance Journal, 2019 - Elsevier
This paper investigates the performance of Shariah and conventional stock portfolios in
India during the period 2001–2017 by using asset pricing models. We first examine the …

Covid-19 and informational efficiency in Asian emerging markets: a comparative study of conventional and Shariah-compliant stocks

MW Raza, B Said, A Elshahat - … Journal of Islamic and Middle Eastern …, 2023 - emerald.com
Purpose This study aims to provide a comparative insight into the level of informational
efficiency and irregularities of Shariah-compliant stocks and conventional stocks in three …

Macro-financial regimes and performance of Shariah-compliant equity portfolios

K Boudt, MW Raza, D Ashraf - Journal of International Financial Markets …, 2019 - Elsevier
This study proposes the Markov Regime Driven Style allocation (MRDS) strategy for Shariah-
compliant portfolio construction, a forward-looking methodology that merges economic …

Evaluating the Shariah-compliance of equity portfolios: The weighting method matters

K Boudt, MW Raza, M Wauters - International review of financial analysis, 2019 - Elsevier
The choice of weighting method in constructing an equity portfolio affects not only the
financial performance, but also its Shariah-compliance. We show how the implicit bets in …

[HTML][HTML] Performance Evaluation of Utility Exchange-Traded Funds: A Super-Efficiency Approach

IE Tsolas - Journal of Risk and Financial Management, 2022 - mdpi.com
Choosing funds is a general issue for investors, with the aim of balancing potential risks and
returns. The aim of this article is to use a super-efficiency approach to analyze and rank …

Shariah Compliance and Investment Behavior: Evidence from GCC Countries

S Akguc, N Al Rahahleh - Emerging Markets Finance and Trade, 2021 - Taylor & Francis
The literature is largely silent on questions pertaining to the long-term physical asset
investment behavior of Shariah-compliant (SC) firms. In this paper, using a unique dataset of …

[HTML][HTML] A new model for screening Shariah-compliant firms

A Alnamlah, MK Hassan, A Alhomaidi, E Smolo - Borsa Istanbul Review, 2022 - Elsevier
In this paper, a new quantitative measure is developed to assess how well a firm complies
with Shariah compared to other firms in a particular region. Investors can customize this …