|
on Islamic Finance |
| By: | Hasan, Zubair |
| Abstract: | Economists regard the financial and the real sectors of an economy as complementary; the two sides of the same coin. Islamic finance conceives of these sectors differently, albeit not independent of each other. Islamic approach is distinct in that it shuns interest, speculation and indeterminacy. At the same time, it is not independent because Islam allows a time value for money, and maintains of asset liquidity plus system stability as its guiding business principles. The discussion n the subject is scanty. This paper seeks to fill the gap. A diversion briefly discusses debt versus equity as sources for financing growth bringing in technology. |
| Keywords: | Islam; finance; Stability, Profit sharing; Debt; Equity; Technology Islam; finance; Stability, Profit sharing; Debt; Equity; Technology Islam; Finance; Growth, Stability; Technology |
| JEL: | E1 E6 |
| Date: | 2021–08 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:111885&r= |
| By: | Md Nazmus Sadekin (Mawlana Bhashani Science and Technology University); Md Muhibbullah (International Islamic University Malaysia [Kuala Lumpur]); Md. Mahmudul Alam (UUM - Universiti Utara Malaysia) |
| Date: | 2021 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03520099&r= |
| By: | Aziz, Abdul; Naima, Umma |
| Abstract: | A growing body of literature is advancing the impact of financial inclusion and digital finance on marginalized populations. However, mainstream scholarship has not focused on understanding the potential drivers and challenges of digital approaches to financial inclusion. This study aims to investigate the mismatch between assumptions implicit in the financial inclusion discourse and ideas of access and use of digital technologies and seeks to move the discourse forward through a comprehensive framework for digital financial inclusion. Our study showed that the social dynamics of financial engagement with new technologies require a move beyond a simple individualistic adopter/non-adopter binary framework and ‘supply oriented’ financial infrastructure. We conclude that although digital services have eased and bridged the gap of physical access to financial services, such services have not been utilised due to lack of basic connectivity, financial literacy and social awareness. This article theoretically contributes to digital financial services adoption literature by offering a significant critical overview and a new perspective on both digital finance and financial inclusion mechanisms. |
| Date: | 2021–02–24 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:7sr5c&r= |
| By: | Aziz, Abdul; Islam, Mohammad Morshedul; Zakaria, Muhammad |
| Abstract: | This paper gives an overview of digital inequalities and sociocultural factors (e.g., stigma, religious faith) associated with health-related misinformation during COVID-19 in Bangladesh. It aims to explore how digital inequalities, digital surveillance, socio-cultural and religious factors, and health-related misinformation spread through social media have further exacerbated the crisis. Highlighting the growing digital inequalities and health crisis in Bangladesh, it proposes some recommendations to ensure digital inclusion and improve overall public health education and change behaviour in order to mitigate the risks of COVID-19. This essay will provide a forum and research agenda for academicians and practitioners from the Global South to develop and identify new opportunities or challenges regarding emerging health crisis issues relevant to communication practice in the use of digital media and technology. |
| Date: | 2020–11–07 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:j3hux&r= |
| By: | Glenn Boyle (University of Canterbury); Roger Stover; Amrit Tiwana; Oleksandr Zhylyevskyy |
| Abstract: | We use a conjoint analysis of 551 subjects to compare the reaction of finance professionals to news of a banking crisis with the reactions of non-finance professionals and graduate students. All three groups make greater deposit withdrawals if deposit insurance protection involves a haircut, but the response of finance professionals is more nuanced: compared to non-finance professionals and students, they seem to care about haircuts mainly when bank capitalization is low and less so when capitalization is high. Both finance and nonfinance professionals are more concerned about the pre-funding of deposit insurance than are students. Overall though, the greater banking sector knowledge and experience presumably possessed by finance professionals does not seem to automatically translate into significantly different crisis-response behavior. |
| Keywords: | Banking crisis, Finance professionals, Deposit withdrawals |
| JEL: | G21 G28 |
| Date: | 2022–02–01 |
| URL: | http://d.repec.org/n?u=RePEc:cbt:econwp:22/03&r= |