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on Arab World |
| By: | Elasrag, Hussein |
| Abstract: | Islamic finance is one of the fastest growing segments of global financial industry. In some countries, it has become systemically important and, in many others, it is too big to be ignored.. While it represents a small proportion of the global finance market (estimated at 1%-5% of global share), the Islamic finance industry has experienced double-digit rates of growth annually in recent years (estimated at 10%- 20% annual growth). Industry experts estimate that assets held under Islamic finance management doubled between 2007 and 2010 to reach around $1 trillion. This paper tries to note the main Principal of Islamic finance. In addition to discuss the Improvement can be made in several areas to promote and enhance the providing Islamic financial services.slamic finance offer different instruments to satisfy providers and users of funds in a variety of ways: sales, trade financing, and investment. This paper aims to study the most important of the Islamic financial instruments that can be used to finance small and medium enterprises. |
| Keywords: | Islamic finance;small and medium enterprises;Islamic financial instruments |
| JEL: | G2 E6 G21 D14 |
| Date: | 2011–10 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:34398&r=ara |
| By: | Gozgor, Giray |
| Abstract: | In this paper, we employ some front page panel unit root tests to examine the validity of the purchasing power parity hypothesis in Turkey. Using monthly observations panel data of nine major county’s currency dates January 2003 through April 2010, we find that panel unit root tests are not rejected the mean-reversion of real exchange rates. Thus, the empirical results indicate significant support for the purchasing power parity holds in Turkey |
| Keywords: | Purchasing Power Parity; Real Exchange Rates; Panel Unit Root Tests; Floating Exchange Rates |
| JEL: | F31 |
| Date: | 2011–01–01 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:34370&r=ara |
| By: | Hasan, Zubair |
| Abstract: | Even as the BBA model has not made a complete exit from Islamic home financing, the musharkah mutanaqisa partnership (MMP) model is fast gaining popularity with the jurists and the bankers alike as a truly interest free alternative. This paper reproduces our earlier evidence that the MMP model is no different from the conventional home financing involving interest. In this context it refers to actual cases from some countries, especially the US, where MMP is gaining ground. We shall reiterate that our Diminishing Balance Model (DBM) in several ways over the MMP.. |
| Keywords: | Key words: Islam; home finance; interest based model; MMP model; DBM |
| JEL: | D10 G20 |
| Date: | 2011–10–24 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:34386&r=ara |
| By: | Murakami, Kaoru |
| Abstract: | In Turkey, social assistance program has been widely criticized for being inefficient in the provision of relief. Yet there are almost no movements among poor people to make demands couched in rational and critical language for a better program, which liberal modernist thinkers idealize as the politics of need interpretation. It is generally believed that poor people are mute and excluded from the process because of their lack of discursive capital. In this paper I discuss the possibility of different varieties of participation in the politics of need interpretation by focusing on the everyday practices of the poor based on ethnographic research conducted in a low income district in Istanbul. I argue that the poor do participate in the struggle over needs, elucidating how the poor negotiate with the officials of the Fund's local branch by assuming the former image and by using religious moral language. |
| Keywords: | Turkey, Social welfare, Social policy, Poverty, Urban societies, Social assistance, Urban poor, Politics of needs interpretation, Everyday politics |
| JEL: | I38 |
| Date: | 2011–03 |
| URL: | http://d.repec.org/n?u=RePEc:jet:dpaper:dpaper291&r=ara |
| By: | ARSLAN, Aykut |
| Abstract: | Contrary to popular belief which sees the government as reactive and resistant to change, the increasing emergence of innovative ideas particularly in the field of local services yielded a wide range of interactions. This was due to address new policy challenges, improve productivity, better serve and more fully engage a changing citizenry. Practicing new ideas triggered more innovativeness. The paradigm of NPM and later the phenomenon of e-government are well studied. However, the relationship among innovative management practices and their impact on e-government performances require a deeper understanding. Thus, our paper seeks to shed some light on this issue by exploring what type of local services were transformed online and at what level. Then, in accordance with the organizational dynamics of innovation, we developed hypotheses to inquire the impact of innovative management practices on local e-government performance of Turkish provinces. Mann-Whitney U statistics were carried out to find out which of the groups that were statistically significant different from one another. The results indicated significant findings. The provincial local governments which adopted innovative management practices tend to have higher local e-government performances. |
| Keywords: | Local e-governments; Turkish provinces; new public management; public innovation; Turkey |
| JEL: | H7 O33 O31 |
| Date: | 2011–10–14 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:34368&r=ara |
| By: | Suzuki, Hitoshi |
| Abstract: | In this translation draft of the first part of the author's recently-published book in Japanese, entitled as "Rural-cities in Contemporary Iran: Revolution, War and the Structural Changes in the Rural Society," we are presenting the preliminary discussions on Iranian middle-sized cities and towns which emerged in these 30 years or so. We start from the explanations of the contents of the above-mentioned book and do the reviewing of the preceding studies, followed by the critical review of the studies on the Iranian revolution in 1979, and the studies on Iran's recent political trends and the tendencies towards the local governance, which was tempered and collapsed with the appearance of President AhmadÄ«nejÄd. This consists of the Introduction and the first parts of Chapter 1 of our book, and we are expecting to finish translating the whole contents and to publish it in the near future. We apologize for the shortcomings of this paper, for example some partial lack of correspondence of its bibliography with the main contents, mainly because of the technical reasons. |
| Keywords: | Iran, Rural societies, Urbanization, Social change, Social structure |
| Date: | 2011–03 |
| URL: | http://d.repec.org/n?u=RePEc:jet:dpaper:dpaper284&r=ara |
| By: | Ben said , Hayet |
| Abstract: | Abstract The public water management in irrigated perimeter is marked by some failures. We can mention the theft of water, corruption and rent-seeking. These failures result in wastage of this scarce resource. We propose to study the public management of irrigated perimeter using the theory of transaction cost. To this end, we conduct an inquiry in the delegation of "Souk Essebt" in governorate of Jendouba (North West of Tunisia). The qualitative and quantitative information collected is used to describe the functioning of the perimeter. We conduct descriptive and econometric study to verify theoretical hypothesis. |
| Keywords: | public management of irrigated perimeter; transaction cost; theft of water; corruption; rent seeking; transaction cost |
| JEL: | D23 B52 A12 I28 Q25 |
| Date: | 2011–10–20 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:34217&r=ara |