... Composite index Effective rates SVAR C32 E3 E5 E52 E58 Monetary policy is one of the most powerful countercyclical tools in macroeconomic management, enabling the economy to navigate short-run economic fluctuations. Its effectiveness - defined as the ability of policy instruments...

... objective rankings in Islamic finance country indices. The CRITIC approach is employed since the entropy method does not suit the data (Roszkowska, 2013). Islamic finance index Promethee-II GIFR Edbiz IFCI Country index C4 E52 O57 Table 1. Variables and extensive factors...

... analysis C58 E52 D53 F31 F36 Islamic asset-based debt securities have become increasingly prevalent in literature and practitioners over the past 13 years (Furqani and Mulyany, 2009). Two primary applications of Islamic securities are producing government finance through sovereign issues...

... Islamic finance Monetary policy Markov switching Islamic capital markets Policy rate C24 E52 While the total volume of global Islamic banking assets surpassing US$1.842tn (IFSB, 2021), it remains a challenge for the Central Banks to design and implement monetary policy...

... stages which will eventually promote sustainable development. E51 E52 P51 P44 P47 Mohammad Selim can be contacted at: mselim@uob.edu.bh 12 05 2019 15 04 2020 31 05 2020 © Emerald Publishing Limited 2020 Emerald Publishing Limited Licensed re-use rights only...

... Riba and will give increase for Sadaqat (deeds of Charity, alms). And Allah likes not disbelievers, sinners (Qur’ān, 2:275-276). Islamic banks Qard al-Hasan E52 E58 F42 P51 Monetary policy (MP) is one of the most important tool by which Central Bank (CB) plans...

.... Quantitative easing Islamic equity market Monetary policy spillover E43 E44 E47 E52 G12 In late 2008, US federal reserve (FED) decided to set federal fund rate to zero lower bound and simultaneously used a range of quantitative easing monetary financing programs called unconventional...