A conceptual framework for the application of Islamic private equity in international shipping

This paper aims to assess the application of Islamic private equity in order to develop Islamic finance and investment in international shipping. Shipping is a strong growth industry with about 85% of the global trade carried by the international shipping industry. The problem is that shipping is a...

Full description

Bibliographic Details
Main Authors: Abdullah, Adam, Hassan, Rusni, Kassim, Salina
Format: Article
Language:English
English
English
Published: International Islamic University Malaysia 2016
Subjects:
Online Access:http://irep.iium.edu.my/54435/
http://irep.iium.edu.my/54435/
http://irep.iium.edu.my/54435/2/Adam%20Abdullah%20%282016%2C%20Dec%29%20IBF%20SI%2C%20Al-Shajarah.pdf
http://irep.iium.edu.my/54435/8/54435_A%20conceptual%20framework%20for%20the%20application%20of%20Islamic%20private_WoS.pdf
http://irep.iium.edu.my/54435/14/54435_A%20conceptual%20framework%20for%20the%20application%20of%20Islamic_SCOPUS.pdf
id iium-54435
recordtype eprints
spelling iium-544352019-06-25T03:35:42Z http://irep.iium.edu.my/54435/ A conceptual framework for the application of Islamic private equity in international shipping Abdullah, Adam Hassan, Rusni Kassim, Salina HE199 Freight (General) HG Finance This paper aims to assess the application of Islamic private equity in order to develop Islamic finance and investment in international shipping. Shipping is a strong growth industry with about 85% of the global trade carried by the international shipping industry. The problem is that shipping is a highly capital intensive industry, and currently 75% of ship lending has been conducted by European banks and financed on a conventional basis. The post-financial crisis, shipowners, ship lenders and shipyards have all been exposed to the impact of over-levered balance sheets and debt finance. Our conceptual framework discusses how Islamic finance and investment institutions can participate at the retail and institutional levels involving private equity. Our study suggests that Islamic private equity should appeal to retail and institutional investors to promote and develop international shipping from Malaysia, in line with government policies on shipping and Islamic finance. International Islamic University Malaysia 2016-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/54435/2/Adam%20Abdullah%20%282016%2C%20Dec%29%20IBF%20SI%2C%20Al-Shajarah.pdf application/pdf en http://irep.iium.edu.my/54435/8/54435_A%20conceptual%20framework%20for%20the%20application%20of%20Islamic%20private_WoS.pdf application/pdf en http://irep.iium.edu.my/54435/14/54435_A%20conceptual%20framework%20for%20the%20application%20of%20Islamic_SCOPUS.pdf Abdullah, Adam and Hassan, Rusni and Kassim, Salina (2016) A conceptual framework for the application of Islamic private equity in international shipping. Al-Shajarah, Special Issue (Islamic Banking & Finance). pp. 115-137. ISSN 1394-6870 http://journals.iium.edu.my/shajarah/index.php/shaj/index
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
English
topic HE199 Freight (General)
HG Finance
spellingShingle HE199 Freight (General)
HG Finance
Abdullah, Adam
Hassan, Rusni
Kassim, Salina
A conceptual framework for the application of Islamic private equity in international shipping
description This paper aims to assess the application of Islamic private equity in order to develop Islamic finance and investment in international shipping. Shipping is a strong growth industry with about 85% of the global trade carried by the international shipping industry. The problem is that shipping is a highly capital intensive industry, and currently 75% of ship lending has been conducted by European banks and financed on a conventional basis. The post-financial crisis, shipowners, ship lenders and shipyards have all been exposed to the impact of over-levered balance sheets and debt finance. Our conceptual framework discusses how Islamic finance and investment institutions can participate at the retail and institutional levels involving private equity. Our study suggests that Islamic private equity should appeal to retail and institutional investors to promote and develop international shipping from Malaysia, in line with government policies on shipping and Islamic finance.
format Article
author Abdullah, Adam
Hassan, Rusni
Kassim, Salina
author_facet Abdullah, Adam
Hassan, Rusni
Kassim, Salina
author_sort Abdullah, Adam
title A conceptual framework for the application of Islamic private equity in international shipping
title_short A conceptual framework for the application of Islamic private equity in international shipping
title_full A conceptual framework for the application of Islamic private equity in international shipping
title_fullStr A conceptual framework for the application of Islamic private equity in international shipping
title_full_unstemmed A conceptual framework for the application of Islamic private equity in international shipping
title_sort conceptual framework for the application of islamic private equity in international shipping
publisher International Islamic University Malaysia
publishDate 2016
url http://irep.iium.edu.my/54435/
http://irep.iium.edu.my/54435/
http://irep.iium.edu.my/54435/2/Adam%20Abdullah%20%282016%2C%20Dec%29%20IBF%20SI%2C%20Al-Shajarah.pdf
http://irep.iium.edu.my/54435/8/54435_A%20conceptual%20framework%20for%20the%20application%20of%20Islamic%20private_WoS.pdf
http://irep.iium.edu.my/54435/14/54435_A%20conceptual%20framework%20for%20the%20application%20of%20Islamic_SCOPUS.pdf
first_indexed 2023-09-18T21:17:02Z
last_indexed 2023-09-18T21:17:02Z
_version_ 1777411631585689600