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Islamic corporate finance / edited by M. Kabir Hassan, Mamunur Rashid and Sirajo Aliyu

Publisher	(Abingdon, Oxon ; New York, NY : Routledge)
Year	2019
Authors	Hassan, Kabir editor Rashid, Mamunur (Assistant Professor in Finance) editor Aliyu, Sirajo editor

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Links to the text	Location	Volume	Call No.	Barcode No.	Status	Comments	ISBN	Printed	Restriction	Reserve
Links to the text	Library Off-campus access			OB00178801		Taylor & Francis eBooks (電子ブック)	9781351061483

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Material Type	E-Book
Media type	機械可読データファイル
Size	1 online resource
Notes	Cover; Endorsement; Half Title; Title Page; Copyright Page; Table of contents; List of Figures; List of Tables; List of Contributors; 1 Screening and performance of shariah-compliant companies; Introduction to shariah screening; The start of the Islamic finance standard; Shariah screening; Shariah-compliant corporate universe; Limitations of existing shariah screening: ethical and social responsibility issues; Islamic Business Scorecard; Ethical Identity Index; Corporate social responsibility; Summary; Performance of shariah-compliant firms; Liquidity ratios; Current ratio; Quick ratio Cash ratioEfficiency ratios; Inventory turnover ratio; Receivables turnover ratio; Total asset turnover ratio; Debt management ratio; Debt-to-asset ratio; Long-term debt ratio; Profitability ratios; Profit margin; Return on assets; Return on equity; Market value ratios; Earnings per share; Price-earnings ratio; Market-to-book ratio; Summary; References; 2 Is there a cost for adopting faith-based investment styles?; Introduction; Screening and portfolio formation; Do investors bear a cost for investments in screened portfolios?; Assessment of the effects of screening: some evidence Methodology, data, and sample periodModel; Results and discussion; Idiosyncratic risk; Distribution of idiosyncratic risk across different periods; Distribution of average idiosyncratic risk across different industries; Risk-adjusted performance; Analysis of mean holding period return; Analysis of risk-adjusted performance using different models; Conclusion; Notes; References; 3 Islamic corporate finance: Capital structure; Introduction; Theories of capital structure; The trade-off theory; Pecking order theory; Real-world evidence of traditional models; Existence of a pecking order Deviation from the pecking orderReconciliation; Determinants of capital structure for traditional firms; Islamic finance and prohibition of debt; Capital structure of Islamic firms: additional factors to consider; Debt threshold; Dual banking system; Zakat; Sukuk; Debt maturity; Conclusion; References; 4 Islamic venture capital financing; Introduction; Venture financing: some definitions; Conventional venture capital finance; History of venture capital finance; Different types of venture capital financing; How does the venture capital industry work?; The venture capital life cycle Types of liquidation/divestmentInvestment characteristics of venture capital finance; Recent developments in venture capital financing; Trend to global diversification; Raising funds; Selection and structuring of investments; Arrangement between the IVCF and the venture capital business; Managing investments; Exiting investments; Islamic approach to venture capital financing; Why do we need Islamic venture capital financing?; Similarity between conventional VCFs and Islamic VCFs; Islamic venture capital framework; The venture capital cycle: an Islamic approach; Case study of an IVCF Most existing texts covering topics in Islamic finance discuss the potential of Islamic banking; very few talk about other forms of financing and the investment activities of Islamic firms from the standpoint of owners and managers. This book fills this gap by looking at the traditional as well as non-traditional financing and investment activities of shariah-compliant companies. The chapters in this edited text offer a full range of topics on corporate finance for Islamic firms, includingglobal comparisons of shariah screening, dividend policy and capital structure of Islamic firms, details of global Islamic equity markets, trends and performance of sukuk markets, and a brief account of derivative securities that can be used in Islamic finance. This is a useful reference for anyone who wishes to learn more about the performance of shariah-compliant companies vis-aa-vis conventional firms. The book includesbothtechnical and non-technical information that would be suitable for classroom teaching as well as a reference for postgraduate research students OCLC-licensed vendor bibliographic record HTTP:URL=https://www.taylorfrancis.com/books/9781351061506 Information=Taylor & Francis HTTP:URL=http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf Information=OCLC metadata license agreement
Subjects	LCSH:Corporations -- Islamic countrires -- Finance All Subject Search LCSH:Finance -- Religious aspects -- Islam All Subject Search LCSH:Finance -- Islamic countries All Subject Search FREE:BUSINESS & ECONOMICS / Industries / General FREE:BUSINESS & ECONOMICS / General
Classification	LCC:HG4259 DC23:338.6/041091767
ID	8000080735
ISBN	9781351061483