... Cost stickiness Islamic finance Islamic corporate finance Shariah compliance Cost management is vital for the long-term survival of any firm. The essence of cost management policies is to ensure the best use of the firm’s resources and improve operational efficiency. Previous literature has...

... that firms with a more significant proportion of Sharia-compliant financing tend to have lower future stock price crash risk. Practical implications Consistent with the Islamic finance literature, the present study contributes to the existing literature on Islamic capital markets from the perspective...

... an Islamic finance trade-based mode of financing. Trade is allowed in Islam: “God has permitted trade and has forbidden interest" (Qur'an, 2:275). Trade may take the form of partnership contracts involving profit-loss sharing (Al-Khazali et al., 2016) such as Musharakah [11] and Mudarabah [12...

... Emerald Publishing Limited 2018 Emerald Publishing Limited Licensed re-use rights only Financial markets Islamic finance Sukuk Bonds Value at risk Over the last decade, Islamic financial instruments, particularly the instrument of Sukuk has experienced an appreciable...

.... Fortunately, these were not the case for Islamic investment products whereby they pretty much sheltered from a drop in the price of banking stocks. From here, Islamic equity has attracted the attention of global investors and came to the fore to foster growth in the Islamic finance industry. As Thomson...

... to study sukuk, making it the most selection bias-free and complete study. Moreover, the proposed investor reaction model will enrich the theory. M. Kabir Hassan is the corresponding author and can be contacted at: mhassan@uno.edu Islamic finance Market reaction Firm investment decision Sukuk...

... financing as the element of profit and loss sharing is considered to be closer to maqasid al-shari’ah (the higher objectives of Islamic law) (Abdul Razak and Amin, 2013 ; Mydin Meera and Abdul Razak, 2005, 2009). Islamic finance Cash waqf Islamic home financing Financial...