Archive:: International Journal of Economics, Finance and Management Sciences:: Science Publishing Group

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: 9 April 2015

Accepted: 10 April 2015

Published: 21 August 2015

DOI: 10.11648/j.ijefm.s.2015030502.11

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This article belongs to the Special Issue Islamic Finance System and Economic Growth: Theory and Empirical Studies

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

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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: 28 April 2015

Accepted: 3 May 2015

Published: 21 August 2015

DOI: 10.11648/j.ijefm.s.2015030502.12

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This article belongs to the Special Issue Islamic Finance System and Economic Growth: Theory and Empirical Studies

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

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