Open Access. Powered by Scholars. Published by Universities.®

Business Commons™

Open Access. Powered by Scholars. Published by Universities.®

Finance

PDF

Selected Works

2014

Articles 1 - 5 of 5

Full-Text Articles in Business

Theories And Practices Of Islamic Finance And Exchange Laws: Poverty Of Interest, Ahmed E. Souaiaia Oct 2014

Theories And Practices Of Islamic Finance And Exchange Laws: Poverty Of Interest, Ahmed E. Souaiaia

Ahmed E SOUAIAIA

While Islamic scriptures clearly prohibit profiting from the poor, supposedly sharī'ah-compliant Islamic financial and exchange laws circumvent prohibitions and limitations on ribā, monopolism, debt, and risk while failing to address the fundamental purpose behind the prohibitions—mitigating poverty. This work provides a historical survey of the principles that shape Islamic finance and exchange laws, reviews classical and modern interpretations and practices in the banking and exchange sectors, and suggests a normative model rooted in the interpretation of Islamic sources of law reconstructed from paradigmatic cases. Financial systems that overlook the nexus between poverty and usury harm both the economy and poor …

Go to article

Changing The Academic Culture: Valuing Patents And Commercialization Toward Tenure And Career Advancement, Paul R. Sanberg, Morteza Gharib, Patrick T. Harker, Eric W. Kaler, Richard B. Marchase, Timothy D. Sands, Nasser Arshadi, Sudeep Sarkar May 2014

Changing The Academic Culture: Valuing Patents And Commercialization Toward Tenure And Career Advancement, Paul R. Sanberg, Morteza Gharib, Patrick T. Harker, Eric W. Kaler, Richard B. Marchase, Timothy D. Sands, Nasser Arshadi, Sudeep Sarkar

Nasser Arshadi

There is national and international recognition of the importance of innovation, technology transfer, and entrepreneurship for sustained economic revival. With the decline of industrial research laboratories in the United States, research universities are being asked to play a central role in our knowledge-centered economy by the technology transfer of their discoveries, innovations, and inventions. In response to this challenge, innovation ecologies at and around universities are starting to change. However, the change has been slow and limited. The authors believe this can be attributed partially to a lack of change in incentives for the central stakeholder, the faculty member. The …

Go to article

Financial Liberalization, Reforms And Bank Performance: Evidence From Malaysian Islamic Banks, Yagoub Elryah Dr. Mar 2014

Financial Liberalization, Reforms And Bank Performance: Evidence From Malaysian Islamic Banks, Yagoub Elryah Dr.

Yagoub Elryah (PhD)

The regulatory reforms implementing by Malaysian government since 2010 have been enhancing the performance of Islamic banks. The purpose of this research is to provide empirical evidence concerning the impacts of liberalization and reforms on Islamic bank’s performance in Malaysia. The posited hypothesis is there is significant relationship among? between financial liberalization, regulatory reforms and Islamic banks performance in Malaysia. Datum were collected from 16 Islamic banks. Online statistical datum used in this study were extracted from Bank Negara Malaysia (BNM), World Bank, IMF and financial report of the selected banks, we considered annual datum from 2002 until 2012. To …

Go to article

Proposed National Standards For Financial Literacy: What’S In? What’S Out?, Julie A. Nelson, Mark H. Maier, Deborah M. Figart Dec 2013

Proposed National Standards For Financial Literacy: What’S In? What’S Out?, Julie A. Nelson, Mark H. Maier, Deborah M. Figart

Julie A. Nelson

Financial education must go beyond focusing on the choices individuals face and examine the forces that shape and constrain these choices.

Go to article

A History Of Financial Regulation In The Usa From The Beginning Until Today: 1789 To 2011, Gary Richardson Dec 2013

A History Of Financial Regulation In The Usa From The Beginning Until Today: 1789 To 2011, Gary Richardson

Gary Richardson

No abstract provided.

Go to article