Islamic Economic Studies Vol. 25, No. Special Issue, April, 2017

CUMULATIVE INDEX OF PAPERS PUBLISHED IN PREVIOUS ISSUES OF ISLAMIC ECONOMIC STUDIES

Vol. 1, No. 1, Rajab 1414H Vol. 1, No. 2, Muharram 1415H (December 1993) (June 1994) Articles Articles Towards an Islamic Stock Market, 1-20. Is Equity-Financed Budget Deficit Stable Mohamed Ali Al-Qari in an Interest Free Economy? 1-14. Financial Intermediation in the Framework M. Aynul Hasan and Ahmed Naeem of Shariah, 21-35. Siddiqui Hussein Hamed Hassan Contemporary Practices of Islamic Islamic Banking in Sudan’s Rural Sector, Financing Techniques, 15-52. 37-55. Ausaf Ahmad Mohamed Uthman Khaleefa Discussion Papers Discussion Papers Financing & Investment in Awqaf Projects:A Potential Islamic Certificates for Resource Non-technical Introduction, 55-62. Mobilization, 57-69. Mohammad Anas Zarqa Mohamed El-Hennawi Limitation on the Use of Zakah Funds in Agenda for a New Strategy of Equity Financing Socioeconomic Infrastructure, Financing by the Islamic Development 63-78. Bank, 71-88. Shawki Ismail Shehata D. M. Qureshi Al-Muqaradah Bonds as the Basis of Profit-Sharing, 79-102. Walid Khayrullah Vol. 2, No. 1, Rajab 1415H Vol. 2, No. 2, Muharram 1416H (December 1994) (June 1995) Articles Articles Islamic Banking: State of the Art, 1-33. Growth of Public Expenditure and Ziauddin Ahmad Bureaucracy in Kuwait, 1-14. Comparative Economics of Some Islamic Fuad Abdullah Al-Omar Financing Techniques, 35-68. Fiscal Reform in Muslim Countries with M. Fahim Khan Special Reference to Pakistan, 15-34. Discussion Papers Munawar 1qbal Progress of Islamic Banking: The Resource Mobilization for Government Aspirations and the Realities, 71-80. Expenditures through Islamic Modes of Sami Hasan Homoud Contract: The Case of Iran, 35-58. Concept of Time in Islamic Economics, Iraj Toutounchian 81-102. Discussion Papers Ridha Saadallah An Overview of Public Borrowing in Early Development of Islamic Financial Islamic History, 61-78. Instruments, 103-115. Muhammad Nejatullah Siddiqi Rodney Wilson Public Sector Resource Mobilization in Islam, 79-107. Mahmoud A. Gulaid

177 178 Islamic Economic Studies, Vol. 25, No. Special Issue

Vol. 3, No. 1, Rajab 1416H Vol. 3, No. 2, Muharram 1417H (December 1995) (June 1996) Articles Article Islamic Securities in Muslim Countries’ Rules for Beneficial Privatization: Stock Markets and an Assessment of the Practical Implications of Economic Need for an Islamic Secondary Market, Analysis, 1-32. 1-37. William J. Baumol Abdul Rahman Yousri Ahmed Discussion Papers Demand for and Supply of Mark-up and Privatization in the Gulf Cooperation PLS Funds in Islamic Banking: Some Council (GCC) Countries: The Need and Alternative Explanations, 39-77. the Process, 35-56. Tariqullah Khan Fuad Abdullah AI-Omar Towards an Islamic Stock Exchange in a Towards an Islamic Approach for Transitional Stage, 79-112. Environmental Balance, 57-77. Ahmad Abdel Fattah El-Ashkar Muhammad Ramzan Akhtar Discussion Papers The Interest Rate and the Islamic Banking, 115-122. H. Shajari and M Kamalzadeh The New Role of the Muslim Business University Students in the Development of Entrepreneurship and Small and Medium Industries in Malaysia, 123-134. Saad Al-Harran

Vol. 4, No. 1, Rajab 1417H Vol. 4, No. 2, Muharram 1418H (December 1996) (May 1997) Articles Article Monetary Management in an Islamic The Dimensions of an Islamic Economic Economy, 1-34. Model, 1-24. Muhammad Syed Nawab Haider Naqvi Cost of Capital and Investment in a Non- Discussion Papers interest Economy, 35-46. Indirect Instruments of Monetary Control Abbas Mirakhor in an Islamic Financial System, 27-65. Discussion Paper Nurun N. Choudhry and Abbas Mirakhor Competition and Other External Istisna’ Financing of Infrastructure Determinants of the Profitability of Islamic Projects, 67-74. Banks, 49-64. Muhammad Anas Zarqa Sudin Haron The Use of Assets Ijara Bonds for Bridging the Budget Gap, 75-92. Monzer Kahf

Cumulative Index of Papers 179

Vol. 5, Nos.1 & 2, Rajab 1418H & Vol. 6, No. 1, Rajab 1419H Muharram 1419H (November 1998) (November 1997 & April 1998) Articles Article The Malaysian Economic Experience and The Survival of Islamic Banking: A Micro- Its Relevance for the OIC Member evolutionary Perspective, 1-19. Countries, 1-42. Mahmoud A. EI-Gamal Mohamed Ariff Discussion Papers Awqaf in History and Its Implications for Performance Auditing for Islamic Banks, Modem Islamic Economies, 43-70. 23-55. Murat Cizakca Muhammad Akram Khan Discussion Paper Capital Adequacy Norms for Islamic Financial Engineering with Islamic Financial Institutions, 37-55. Options, 73-103. Mohammed Obaidullah Mohammed Obaidullah

Vol. 6, No. 2, Muharram 1420H Vol. 7, Nos. 1 & 2, Rajab 1420H & (May 1999) Muharram 1421H (Oct.’99 & Article Apr.’2000) Risk and Profitability Measures in Islamic Article Banks: The Case of Two Sudanese Banks, Islamic Quasi Equity (Debt) Instruments 1-24. and the Challenges of Balance Sheet Abdel-Hamid M. Bashir Hedging: An Exploratory Analysis, 1-32. Discussion Paper Tariqullah Khan The Design of Instruments for Discussion Papers Government Finance in an Islamic Challenges and Opportunities for Islamic Economy, 27-43. Banking and Finance in the West: The UK Nadeemul Haque and Abbas Mirakhor Experience, 35-59. Rodney Wilson Towards an Objective Measure of in Exchange, 61-102. Sami Al-Suwailem Vol. 8, No. 1, Rajab 1421H Vol. 8, No. 2, Muharram 1422H (October 2000) (April 2000) Article Articles Elimination of Poverty: Challenges and Islamic and Conventional Banking in the Islamic Strategies, 1-16. Nineties: A Comparative Study, 1-27. Ismail Siragedlin Munawar Iqbal Discussion Paper An Economic Explication of the Globalization of Financial Markets and Prohibition of Gharar in Classical Islamic Islamic Financial Institutions, 19-67. Jurisprudence, 29-58. M. Ali Khan Mahmoud A. El-Gamal Discussion Paper Interest and the Modern Economy, 61-74. Arshad Zaman and Asad Zaman 180 Islamic Economic Studies, Vol. 25, No. Special Issue

Vol. 9, No. 1, Rajab 1422H Vol. 9, No. 2, Muharram 1423H (September 2001) (March 2002) Article Article Islamic Economic Thought and the New The 1997-98 Financial Crisis in Malaysia: Global Economy, 1-16. Causes, Response and Results, 1-16. M.Umer Chapra Zubair Hasan

Discussion Paper Discussion Paper Financial Globalization and Islamic Financing Microenterprises: An Analytical Financial Institutions: The Topics Study of Islamic Microfinance Institutions, Revisited, 19-38. 27-64. Masudul Alam Choudhury Habib Ahmed

Vol. 10, No. 1, Rajab 1423H Vol. 10, No. 2, Muharram 1424H (September 2002) (March 2003) Article Article Financing Build, Operate and Transfer Credit Risk in Islamic Banking and (BOT) Projects: The Case of Islamic Finance Instruments, 1-36. Mohamed Ali Elgari, 1-25. Tariqullah Khan Discussion Papers Discussion Paper Zakah Accounting and Auditing: Principles Islam and Development Revisited with and Experience in Pakistan, 29-43. Evidences from Malaysia, 39-74. Muhammad Akram Khan Ataul Huq Pramanik The 1997-98 Financial Crisis in Malaysia: Causes, Response and Results – A Rejoinder, 45-53. Zubair Hasan Vol. 11, No. 1, Rajab 1424H Vol. 11, No. 2, Muharram 1425H (September 2003) (March 2004) Articles Articles Dividend Signaling Hypothesis and Short- Remedy for Banking Crises: What term Asset Concentration of Islamic Chicago and Islam have in common, 1-22. Interest Free Banking, 1-30. Valeriano F .García,Vvicente Fretes Cibils M. Kabir Hassan and Rodolfo Maino Determinants of Profitability in Islamic Stakeholders Model of Governance in Banks: Some Evidence from the Middle Islamic Economic System, 41-63. East, 31-57. Zamir Iqbal and Abbas Mirakhor Abdel-Hameed M. Bashir

Cumulative Index of Papers 181

Vol. 12, No. 1, Rajab 1425H Vol. 12, No. 2, and Vol. 13, No. 1, (August 2004) Muharram and Rajab 1426H Articles (February & August 2005) Efficiency in Islamic Banking: An Articles Empirical Analysis of Eighteen Banks, The Case for Universal Banking as a 1-19. Component of Islamic Banking, 1-65. Donsyah Yudistira Mabid Ali Al-Jarhi

Ethical Investment: Empirical Evidence Impact of Ethical Screening on Investment from FTSE Islamic Index, 21-40. Performance: The Case of The Khalid Hussein Dow Jones Islamic Index, 69-97. Abul Hassan, Antonios Antoniou, and D Krishna Paudyal Vol. 13, No. 2, Muharram 1427H Vol. 14, No. 1 & 2 (February 2006) (Aug. 2006 & Jan. 2007) Articles Articles Islamic Banking and Finance in Theory Financial Distress and Bank Failure: and Practice: A Survey of State of the Art, Lessons from Ihlas Finans Turkey, 1-52. 1-48. Salman Syed Ali Mohammad Nejatullah Siddiqi The Efficiency of Islamic Banking The X-Efficiency in Islamic Banks, 49-77. Industry: A Non-Parametric Analysis with M. Kabir Hassan Non-Discretionary Input Variable, 53-87. Islamic Law, Adaptability and Financial Fadzlan Sufian Development, 79-101. Habib Ahmed Vol. 15, No. 1, Rajab 1428H (July 2007) Vol. 15, No. 2, Muharram 1429H Articles (January, 2008) Theory of the Firm: An Islamic Articles Perspective, 1-30. Market: Innovations and Challenges Toseef Azid, Mehmet Asutay and Umar Muhammad Al-Bashir Muhammad Al- Burki Amine On Corporate Social Responsibility of Cost, Revenue and Profit Efficiency of Islamic Financial Institutions, 31-46 Islamic Vs. Conventional Banks: Sayd Farook International Evidence Using Data Shariah Compliant Equity Investments: Envelopment Analysis An Assessment of Current Screening Mohammed Khaled I. Bader, Shamsher Norms, 47-76 Mohamad, Mohamed Ariff and Taufiq M. H. Khatkhatay and Shariq Nisar Hassan 182 Islamic Economic Studies, Vol. 25, No. Special Issue

Vol. 16, No.1 & 2, Rajab, 1429H & Vol. 17, No.1 Rajab, 1430H (2009) Muharram 1430H (August 2008 & Articles January 2009) Shariah Position on Ensuring the Presence Articles of Capital in Joint Equity Based Financing, Ethics and Economics: An Islamic 7-20 Perspective, 1-21 Muhammad Abdurrahman Sadique M. Umer Chapra The Impact of Demographic Variables on Madaris Education and Human Capital Libyan Retail Consumers’ Attitudes Development with Special Reference to Towards Islamic Methods of Finance, 21- Pakistan, 23-53 34 Mohammad Ayub Alsadek Hesain A. Gait Islamic Finance – Undergraduate A Shariah Compliance Review on Education, 55-78 Investment Linked in Malaysia, 35- Sayyid Tahir 50 Islamic Finance Education at the Graduate Azman Mohd Noor Level: Current State and Challenges, 79- 104 Zubair Hasan Vol. 17, No. 2, Muharram 1431H Vol. 18, No. 1 & 2, Rajab, 1431H & (January 2010) Muharram 1432H (June 2010 & Articles January, 2011) Faith-Based Ethical Investing: The Case of Articles Dow Jones Islamic Index, 1-32. Solvency of Takaful Fund: A Case of M. Kabir Hassan and Eric Girard Subordinated Qard, 1-16 Islamic Finance in Europe: The Regulatory Abdussalam Ismail Onagun Challenge, 33-54 The Process of Shariah Assurance in the Ahmed Belouafi and Abderrazak Belabes Product Offering: Some Important Notes Contemporary Islamic Financing Modes: for Indonesian and Malaysian Islamic Between Contract Technicalities and Banking Practice, 17-43 Shariah Objectives, 55-75 Agus Triyanta and Rusni Hassan Abdulazeem Abozaid The Effect of Market Power on Stability and Performance of Islamic and Conventional Banks, 45-81 Ali Mirzaei Cumulative Index of Papers 183

Vol. 19, No.1, Rajab 1432H (June 2011) Vol. 19, No.2, Muharram 1433H Articles (December 2011) Certain Legal and Administrative Articles Measures for the Revival and Better Role of Finance in Achieving Maqasid Al- Management of Awqaf, 1-32 Shariah, 1-18 Syed Khalid Rashid Abdul Rahman Yousri Ahmad Profit Sharing Investment Accounts-- Comprehensive Human Development: Measurement and Control of Displaced Realities and Aspirations, 19-49 Commercial Risk (DCR) in Islamic Siddig Abdulmageed Salih Finance, 33-50 Decision Making Tools for Resource V Sundararajan Allocation based on Maqasid Al-Shariah, Risk Management Assessment Systems: 51-68 An Application to Islamic Banks, 51-70 Moussa Larbani & Mustafa Mohammed Habib Ahmed Introducing an Islamic Human Development Index (I-HDI) to Measure Development in OIC Countries, 69-95 MB Hendrie Anto Vol. 20, No.1, Rajab 1433H (June 2012) Vol. 20, No.2, Muharram 1434H Articles (December 2012) Islamic Banking in the Middle-East and Articles North-Africa (MENA) Region, 1-44 Targeting and Socio-Economic Impact of Salman Syed Ali Microfinance: A Case Study of Pakistan, Measuring Operational Risk Exposures in 1-28 Islamic Banking: A Proposed Nasim Shah Shirazi Measurement Approach, 45-86 Dual Banking and Financial Contagion, Hylmun Izhar 29-54 Leverage Risk, Financial Crisis and Stock Mahmoud Sami Nabi Returns: A Comparison among Islamic The Role of Islamic Finance in Enhancing Conventional and Socially Responsible Financial Inclusion in Organization of Stocks, 87-143 Islamic Cooperation (OIC) Countries, 55- Vaishnavi Bhatt and Jahangir Sultan 120 Mahmoud Mohieldin, Zamir Iqbal, Ahmed Rostom & Xiaochen Fu 184 Islamic Economic Studies, Vol. 25, No. Special Issue

Vol. 21, No.1, Rajab 1434H (June 2013) Vol. 21, No.2, Muharram 1435H Articles (November 2013) Redefining Islamic Economics as a New Articles Economic Paradigm, 1-34 Fiscal and Monetary Policies in Islamic Necati Aydin Economics: Contours of an Institutional Why is Growth of Islamic Microfinance Framework, 1-22 Lower than its Conventional Counterparts Sayyid Tahir in Indonesia?, 35-62 Are Islamic Banks Sufficiently Dian Masyita & Habib Ahmed Diversified? An Empirical Analysis of State of Liquidity Management in Islamic Eight Islamic Banks in Malaysia, 23-54 Financial Institutions, 63-98 M Ali Chatti, Sandrine Kablan and Ouidad Salman Syed Ali Yousfi Trade and Human Development in OIC Countries: A Panel Data Analysis, 55-70 Zarinah Hamid and Ruzita Mohd Amin Economic and Financial Crises in Fifteenth-Century Egypt: Lessons from the History, 71-94 Vol. 22, No.1, Rajab 1435H (May 2014) Articles Understanding Development in an Islamic Efficiency Measure of Insurance v/s Framework, 1-36 Takaful Firms Using DEA Approach: A Hossein Askari, Zamir Iqbal, Noureddine Case of Pakistan, 139-158 Krichene & Abbas Mirakhor Attiquzzafar Khan & Uzma Noreen Islamic Finance in the United Kingdom: An Empirical Study of Islamic Equity as a Factors Behind its Development and Better Alternative during Crisis Using Growth, 37-78 Multivariate GARCH DCC, 159-184 Ahmed Belouafi & Abdelkader Chachi Syed Aun Rizvi & Shaista Arshad Integrating Zakat and Waqf into the Public Sector Funding and Debt Poverty Reduction Strategy of the IDB Management: A Case for GDP-Linked Member Countries, 79-108 Sukuk, 185-216 Nasim Shah Shirazi Abdou DIAW, Obiyathulla Ismath Bacha An Attempt to Develop Shariah Compliant & Ahcene Lahsasna Liquidity Management Instruments for the Portfolio Determination of A Zero-Interest Financier of Last Resort: The Case of Financial System Entity, 217-232 Qatar, 109-138 Shafi A. Khaled & A. Wahhab Khandker Monzer Kahf & Cherin R Hamadi

Cumulative Index of Papers 185

Vol. 22, No.2, Muharram 1436 (Nov Vol. 23, No.1, Rajab 1436 (May 2015) 2014) Articles Articles Tradable Inventory Certificates: A Maqāṣid al-Sharīʿah: Are We Measuring Proposed New Liquidity Instrument, 1-32 The Immeasurable? 1-32 Monzer Kahf & Mahah Mujeeb Khan Rafi Amir-Ud-Din Product Development and Maqāṣid in Non-Monetary Poverty Measurement in Islamic Finance: Towards a Balanced Malaysia: A Maqāṣid al-Sharīʿah Methodology, 33-72 Approach, 33-46 Muhammad Al-Bashir Al-Amine Mohamed Saladin Abdul Rasool & Ariffin Mohd Salleh Assessing Socio-Economic Development A Structural Model for Human based on Maqāṣid al-Sharīʿah Principles: Development, Does Maqāṣid al-Sharīʿah Normative Frameworks, Methods and Matter! 47-64 Implementation in Indonesia, 73-100 Medhi Mili Rahmatina Kasri & Habib Ahmed Socio-Economic Philosophy of Enhancing Intra-Trade in OIC Member Conventional and Islamic Economics: Countries Through T-SDRs, 101-124 Articulating Hayat-e-Tayyaba Index (HTI) M S Nabi, Rami A Kafi, Imed Drine & on the Basis of Maqāṣid al-Sharīʿah, 65-98 Sami Al-Suwailem Muhammad Mubashir Mukhtar, et al Islamic Wealth Management and the Vol. 24, No.1, Sha’ban 1437 ( June 2016) Pursuit of Positive-Sum Solutions, 99-124 Articles Mohammad Omar Farooq An Evaluation of Islamic Monetary Policy Instruments Introduced in Some Selected Vol. 23, No.2, Muharram 1437 (Nov OIC Member Countries, 1-47 2015) Md. Abdul Awwal Sarker Articles Research Trends on Zakāh in Western “The Genesis of Islamic Economics” Literature, 49-76 Revisited, 1-28 Abdul Azim Islahi Ahmed Belouafi & Abderrazak Belabes Instability of Interest Bearing Debt Critical Review of the Tools of Ijtihād Finance and the Islamic Finance Used in Islamic Finance, 77-94 Alternative, 29-84 Abdulazeem Abozaid Mughees Shaukat & Datuk Othman Alhabshi An Assessment of Journal Quality in the Risk Sharing and Shared Prosperity in Discipline of Islamic Economics, 95-114 Islamic Finance, 85-115 M Nahar Mohd Arshad Nabil Maghrebi & Abbas Mirakhor 186 Islamic Economic Studies, Vol. 25, No. Special Issue

Vol. 24, No.2, Rabi’ I 1438 (Dec 2016) Articles An Economic Theory of Islamic Finance Regulation, 1-44 Mabid Ali M. M. Al-Jarhi The Relation between Return and Volatility in ETFs Traded in Borsa Istanbul: Is there any Difference between Islamic and Conventional ETFs?, 45-76 M. Kabir Hassan, Selim Kayhana & Tayfur Bayatb, Sharī‘ah and SRI Portfolio Performance in the UK: Effect of Oil Price Decline, 77- 103 Nur Dhani Hendranastiti & Mehmet Asutay