nep-isf New Economics Papers
on Islamic Finance
Issue of 2022‒05‒09
six papers chosen by
Rachita Gulati
IIT Roorkee

  1. The challenges of digitization and its applications in Islamic Takaful SAAFI as model By Ezzedine Ghlamallah
  2. The social media use of African terrorist organizations: a comparative study of Al-Qaeda in the Islamic Maghreb, Al-Shabaab and Boko Haram By János Besenyő; Gábor Sinkó
  3. Research proposal on Identification of entrepreneur opportunity from traditional to the scientific method of managing crisis and disaster in financial sector of UAE By Sakib, S M Nazmuz
  4. Survival Strategies under Sanctions: Firm-Level Evidence from Iran By Iman Cheratian; Saleh Goltabar; Mohammad Reza Farzanegan
  5. Effect of Liability Asset Management and Company Growth on Company Value in Banking Industry Listed on Indonesia Stock Exchange By Rapanna, Patta
  6. Financial health and efficiency of Adam Sugar Mills Limited, Punjab, Pakistan By Sakib, S M Nazmuz

  1. By: Ezzedine Ghlamallah (CERGAM - Centre d'Études et de Recherche en Gestion d'Aix-Marseille - AMU - Aix Marseille Université - UTLN - Université de Toulon)
    Keywords: DIgitization,Islamic finance,Takaful
    Date: 2021–05–22
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03323909&r=
  2. By: János Besenyő (Óbuda University [Budapest]); Gábor Sinkó (Óbuda University [Budapest])
    Abstract: The objective of this qualitative study is to raise awareness of the online presence of al-Qaeda in the Islamic Maghreb (AQIM), al-Shabaab and Boko Haram by analyzing and comparing their social media activities. The decision that the above-mentioned terrorist organizations shall be selected for inclusion was based on the fact that (I.) they are active in Africa, (II.) they are currently or affiliated with three of the deadliest international terrorist groups in the continent and (III.) they use social media in order to achieve their goals. I conclude that social media is used by all three of the studied terrorist organizations with special attention devoted to mainstream social media platforms, namely Twitter, YouTube and-to a lesser extent-Facebook. Additionally, AQIM, al-Shabaab and Boko Haram seem to have primarily used social media for propaganda purposes, although it was also utilized as a recruitment tool, albeit to varying degrees. Finally, I believe social media can also be used for coordination and funding by the studied terrorist groups; although the small amount of publicly accessible evidence entails qualitative problems, indicating the fact there is room for further research.
    Date: 2021–09–30
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-03583976&r=
  3. By: Sakib, S M Nazmuz
    Abstract: It has been addressed that the research methodology and the research design, philosophy, approach, and the data analysis technique of the project. The introduction of modern technologies has had a positive influence on the growth of the banking sector of the UAE. As per Mirzaei and Ali the financial technology has revolutionised the operations and activities previously performed by traditional financial institutes. The digitalisation of the services that the financial sector provides has drastically increased in the previous years. A basic definition for financial technology can be stated as implementing traditional techniques of the financial institutions with the help of internet and application-oriented products and services . The adoption of modern technologies had a big influence on the banking sector of the UAE increasing the performance of the banks. The results of the study by Kothari, Umesh, and Seetharaman , show that customers is being satisfied by the digital services provided by the banking sector yet there are threats that the banking sector faces as the digitalisation of valuable datasets are being done.
    Date: 2022–04–07
    URL: http://d.repec.org/n?u=RePEc:osf:socarx:kmde6&r=
  4. By: Iman Cheratian; Saleh Goltabar; Mohammad Reza Farzanegan
    Abstract: Given the importance of firm strategic management in time of crises, this study investigates Micro, Small, and Medium Enterprises (MSMEs) survival strategies during the international sanctions against Iran. Using data from a questionnaire of 486 firms between December 2019 to September 2020, we found that firm strategies in reducing research and development (R&D) expenditures, marketing costs, and fixed/overhead costs and investing in information technology (IT) are positively related to their survivability. Conversely, managerial decisions to “reduce production” and “staff pay cut/freeze” have negative and significant impacts on a firm’s ability to survive during sanctions. Moreover, micro firms are more resilient than their small and medium counterparts. The findings also confirm that age has a significant and positive impact on firm survival. Finally, the results show that having a business plan, access to finance and technology, owner education, export orientation, business networking and consulting services are the key drivers of withstanding the pressure from sanctions.
    Keywords: crisis, recession, sanction, survival strategies, firm, Iran
    JEL: F51 M13 L25 L26
    Date: 2022
    URL: http://d.repec.org/n?u=RePEc:ces:ceswps:_9568&r=
  5. By: Rapanna, Patta
    Abstract: The Effect of Asset Management, Liabilities and Company Growth on The Company's Value with Dividend Policy as An Intervening Variable in the Banking Industry on the Indonesia Stock Exchange. Under the guidance of promoter Djayani Nurdin and co-promoter Muhammad Yunus Kasim. This research is a study that aims to test and prove empirically on the Influence of Asset Management, Liabilities and Company Growth on The Value of Companies with Dividend Policy as Intervening Variables in the Banking Industry on the Indonesia Stock Exchange. The population of this study as many as 44 banks listed on the Indonesia Stock Exchange and that meet the sample criteria are 12 banks with the data used is secondary data, namely bank financial statements that do not lose money and banks that consistently distribute dividends, so that the amount of amatan analyzed to 60 units during 5 years 2015-2019. The data is sourced from the Indonesia Stock Exchange and the Financial Services Authority (website: www.idx.go.id - www.ojk.go.id) as the authority holders of the banking industry. Testing is done with path analysis (AMOS). The results of the analysis Asset management that discusses the company's activities is a series of activities related to identifying asset needs, planning the needs of funds, acquiring assets, providing maintenance and renewing or removing assets so as to meet their objectives effectively and efficiently; liability or liability is a payable or benefit payable to a third party in the future. Liabilities also show that the process of controlling the pasiva can be a source of liquidity as well as a short-term policy and strategy in achieving an annual plan in an effort to achieve profitability; the company's growth is a percentage change in the company as seen from the change in profit whether there is an increase or decrease in a period; Dividend policy is a decision to determine how much dividends should be distributed to shareholders or will be held in the form of retained earnings for future investment financing or the bank's ability to pay dividends to shareholders and the value of the company is the success rate of a company associated with the share price so that a high share price will make the company's value also high , and increase market confidence not only in the company's current performance but also in the company's future prospects; Asset management has a positive and significant effect on the value of the company while liabilities have a positive and insignificant effect on the value of the company and the growth of the company negatively and insignificantly affects the value of the company.
    Date: 2021–04–03
    URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:8265f&r=
  6. By: Sakib, S M Nazmuz
    Abstract: The present report was produced to explore the financial health and efficiency of Adam Sugar Mills Limited, Punjab, Pakistan through analyzing financial ratios. This is an analytical study and the secondary data was obtained from Pakistan Stock Exchange, covering annual financial reports of the company for the years 2020, 2019 and 2018. The results of the report indicate that the company’s financial health remained dormant in the financial years 2018 and 2019. However, things rapidly changed in 2020. There are several reasons for it. One is that the government has accepted the demand of the sugar mills association to let them export sugar. This paved way for the shortage of sugar in the country and as a result the local demand was also rapidly increased. The prices are also increased due to supply and demand imbalance. The market conditions were favourable for the company in the year 2020. However, some management issues are highlighted as the explanation of lower financial performance in the previous two years. In 2019 company clearly face financial problems with respect to all financial ratios studied previously in the report. More expenses were made in these two years as compared to fewer expenses in 2020. The report recommends further improvement in the financial ratios by enhancing transparency and fair meaning in terms of finances.
    Date: 2022–03–31
    URL: http://d.repec.org/n?u=RePEc:osf:socarx:qvdk2&r=

This nep-isf issue is ©2022 by Rachita Gulati. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at http://nep.repec.org. For comments please write to the director of NEP, Marco Novarese at <director@nep.repec.org>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.