Monetary Policy, Islamic Finance, and Islamic Corporate Governance -

Monetary Policy, Islamic Finance, and Islamic Corporate Governance

An International Overview
Buch | Hardcover
376 Seiten
2021
Emerald Publishing Limited (Verlag)
978-1-80043-787-6 (ISBN)
98,50 inkl. MwSt
Monetary Policy, Islamic Finance, and Islamic Corporate Governance: An International overview explores the interrelationships between corporate governance from the perspective of shari’ah, banking industry and monetary policy and is a must-read for students and professionals.
Toseef Azid, Murniati Mukhlisin, Nashr Akbar, and Muhammad Tahir bring together leading researchers to provide a state-of-the-art overview of the monetary policy, corporate governance, their legal and regulatory issues and procedures that structure Islamic banks (IBs) and other Islamic financial institutions (IFIs). Monetary policy and corporate governance are integral to macroeconomics and microeconomics while interest rates are a key part of monetary policy. Given negativity associated with interest rates, Islamic economists have sought alternative instruments. 


Focusing on the populous Muslim countries such as Pakistan, Malaysia, Turkey, Bangladesh and Indonesia this book explains how corporate and shari’ah governance structures work together under the umbrella of Islamic monetary policy, and in the process, provides guidelines that how such structures improve corporate social responsibility in order to serve the best interests of all stakeholders. The chapters included here cover various features of IBs and IFIs, corporate performance and strategic analysis of microfinance shari’ah based non-banking institutions, in order to investigate the role that these processes play in shaping broader global financial systems. For instance, it portrays different governance models of central bank of a country like Iran having a shari’ah based financial system. 




In conclusion, Monetary Policy, Islamic Finance, and Islamic Corporate Governance: An International overview explores the interrelationships between corporate governance from the perspective of shari’ah, banking industry and Islamic monetary policy. This is a must-read for the corporate sector, banking experts and monetary authorities including academics and postgraduate students.

Toseef Azid, Professor of Economics, College of Business and Economics, Qassim University, Kingdom of Saudi Arabia  Murniati Mukhlisin, Senior Lecturer at Islamic Accounting Department and the Rector of Tazkia Islamic University College/Institute Agama Islam Tazkia, Bogor, Indonesia. Nashr Akbar, Senior Lecturer and the Head of Islamic Economics Department, Tazkia Islamic University College/Institute Agama Islam Tazkia, Bogor, Indonesia. Muhammad Tahir, Assistant Professor of Economics, Department of Management Sciences, COMSATS University Islamabad, Abbottabad Campus, Pakistan

Chapter 1. Monetary Policy, Islamic Finance and Corporate Governance: An introductory note; Toseef Azid, Murniati Mukhlisin, Nashr Akbar and Muhammad Tahir

Part I. THEORETICAL UNDERPINNINGS

Chapter 2. Constituting Islamic Corporate Governance Theory through Islamic Moral Economy; Hanimon Abdullah and Mehmet Asutay

Chapter 3. The Corporate Governance for Islamic Financial Institutions in Pakistan: Need for Dynamic Regulatory Policies; Muhammad Ayub

Chapter 4. Implementation of Zakat through Corporate Social Responsibility (CSR) Partnership in Overcoming Poverty; Lili Wardani Harahap

Chapter 5. Reviewing Stock Waqf Product of Indonesian Securities Company; Nashr Akbar and Sutrisna Amijaya

Part II. GOVERNANCE AND MONETARY POLICY

Chapter 6. Monetary and Fiscal Complementarities in Sustainability; Masudul Alam Choudhury

Chapter 7. Is Interest Rate as a Monetary Policy Instrument Appropriate for OIC Countries? A Quest; MD. Akther Uddin, Abu Umar Faruq Ahmad and Fatima El Morabit

Chapter 8. Contribution of Sharia Monetary Instrument to Control Inflation in Indonesia; Eva Misfah Bayuni and Popon Srisusilawati

Chapter 9. The Effects of Monetary Policy On the Stability of Islamic Banks with Different Governance Models: Case of Islamic Republic of Iran; Hasan Kiaee and Samaneh Eftekhari Mahabadi

Chapter 10. Is Transaction Cost Higher or Lower in Islamic Banking?; Abu Umar Faruq Ahmad and Musfeka Reza Siddiqua

Part III. CORPORATE GOVERNANCE AND ISLAMIC BANKS

Chapter 11. Does Culture Moderate the relationship between AAOIFI adoption and Earnings Management: Evidence from Islamic Banks of 24 Countries; Mohamed Marei, Sherif El-Halaby, Israa Elbendary and Khaled Hussainey

Chapter 12. Exploring the Corporate Governance and Risk Management Disclosure Performance Nexus in Islamic Banks: An Empirical Analysis; Hanimon Abdullah and Mehmet Asutay

Chapter 13. Governance Structure affecting Dividend Policy: Comparing Islamic and Conventional Financial Institutions in Malaysia; Shim Pui Sen, Rashedul Hasan and Abu Umar Faruq Ahmad

Chapter 14. What Determines Bank Profitability? Empirical Evidence from Turkish Banking Sector; Tauhidul Islam Tanin, Abu Umar Faruq Ahmad and Mohammad Omar Farooq

Chapter 15. Embracing Maqasid Shari’ah Via Integrated Reporting: The Case of Islamic Banks in Malaysia; Noor Suhaida Kasri and Syukqran Kamal

Chapter 16. Corporate Governance in Islamic Financial Institutions: The Case of Bangladesh; Shafiqur Rahman and Abu Umar Faruq Ahmad

Chapter 17. Islamic Helix Approach, the Islamic Social Finance Partnership Models for MSMEs: Lesson Learned from Indonesia; Khairunnisa Musari and Moehammad Fathorrazi

Chapter 18. Monetary Policy and Good Governance in Islamic Framework: A concluding note; Toseef Azid, Murniati Mukhlisin, Nashr Akbar and Muhammad Tahir

Erscheinungsdatum
Verlagsort Bingley
Sprache englisch
Maße 152 x 229 mm
Gewicht 660 g
Themenwelt Wirtschaft Allgemeines / Lexika
Wirtschaft Volkswirtschaftslehre Finanzwissenschaft
Wirtschaft Volkswirtschaftslehre Makroökonomie
ISBN-10 1-80043-787-0 / 1800437870
ISBN-13 978-1-80043-787-6 / 9781800437876
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
eine Einführung in die Staatsfinanzen

von Horst Zimmermann; Klaus-Dirk Henke; Michael Broer

Buch | Hardcover (2024)
Vahlen (Verlag)
39,80
Wertpapiere, Investitionen, Finanzierungen

von Klaus Spremann; Pascal Gantenbein

Buch | Softcover (2022)
UTB (Verlag)
54,00