... www.emeraldinsight.com/10.1108/17590811011033389 Keywords: Banks, Finance, Financial risk, Investments,Islam, Profit Purpose -- The aims of this paper are: first, to draw attention to the issues of displaced commercial risk (DCR) which arise as a result of the risk characteristics of profit-sharing...

... and reserves on profit allocation among unrestricted investment account holders (UIAHS). Design/methodology/approach This study reviews the accounting treatment for mudarabah contract as stated in the Accounting Standards for Islamic Financial Institutions issued by the AAOIFI...

... smoothing is not achieved through LLPs. The variable earnings before taxes and provisions are not significant in all model specifications. The paper advances that these smoothed incomes are derived rather by the use of profit equalization reserve (PER) and investment risk reserve (IRR). The finding...

... Investments Stocks and shares Stock returns Malaysia One of the earliest evidence on IPO underpricing in Malaysia was documented by Dawson (1987) . Using 21 new issues from 1978‐1983, Dawson reported that the average initial return is 166.7 percent. Similar evidence of tremendous underpricing...

...Simon Archer; Rifaat Ahmed Abdel Karim; Venkataraman Sundararajan Purpose The aims of this paper are: first, to draw attention to the issues of displaced commercial risk (DCR) which arise as a result of the risk characteristics of profit‐sharing investment accounts (PSIA), the main source...