Islamic capital market and debt financing of Shariah-compliant firms in Indonesia

Islamic Capital Market (ICM) is expanding rapidly worldwide and Indonesia is following very closely. Examining 290 shariah-compliant Indonesian firms, we found that certain firm and industry level determinants do influence the debt financing without ignoring the shariah principles governing the dec...

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Main Authors: Haron, Razali, Adeyemi, Adewale Abideen
Format: Article
Language:English
English
Published: IIUM Press, International Islamic University Malaysia 2016
Subjects:
Online Access:http://irep.iium.edu.my/54444/
http://irep.iium.edu.my/54444/
http://irep.iium.edu.my/54444/1/04%20Razali%20Haron.pdf
http://irep.iium.edu.my/54444/7/54444_Islamic%20capital%20market_scopus.pdf
id iium-54444
recordtype eprints
spelling iium-544442017-10-10T01:58:13Z http://irep.iium.edu.my/54444/ Islamic capital market and debt financing of Shariah-compliant firms in Indonesia Haron, Razali Adeyemi, Adewale Abideen HG4001 Financial management. Business finance. Corporation finance. Islamic Capital Market (ICM) is expanding rapidly worldwide and Indonesia is following very closely. Examining 290 shariah-compliant Indonesian firms, we found that certain firm and industry level determinants do influence the debt financing without ignoring the shariah principles governing the decisions. The ICM accelerating growth is very much reflected in the findings, thus contributing significantly in the literature and to the policymakers as well. Being shariah-compliant does not hinder them from engaging in higher debt with Islamic debt instruments employed as alternatives. IIUM Press, International Islamic University Malaysia 2016-12-31 Article PeerReviewed application/pdf en http://irep.iium.edu.my/54444/1/04%20Razali%20Haron.pdf application/pdf en http://irep.iium.edu.my/54444/7/54444_Islamic%20capital%20market_scopus.pdf Haron, Razali and Adeyemi, Adewale Abideen (2016) Islamic capital market and debt financing of Shariah-compliant firms in Indonesia. Al-Shajarah, Special Issue (Islamic Banking and Finance). pp. 67-86. ISSN 1394-6870 http://journals.iium.edu.my/shajarah/
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HG4001 Financial management. Business finance. Corporation finance.
spellingShingle HG4001 Financial management. Business finance. Corporation finance.
Haron, Razali
Adeyemi, Adewale Abideen
Islamic capital market and debt financing of Shariah-compliant firms in Indonesia
description Islamic Capital Market (ICM) is expanding rapidly worldwide and Indonesia is following very closely. Examining 290 shariah-compliant Indonesian firms, we found that certain firm and industry level determinants do influence the debt financing without ignoring the shariah principles governing the decisions. The ICM accelerating growth is very much reflected in the findings, thus contributing significantly in the literature and to the policymakers as well. Being shariah-compliant does not hinder them from engaging in higher debt with Islamic debt instruments employed as alternatives.
format Article
author Haron, Razali
Adeyemi, Adewale Abideen
author_facet Haron, Razali
Adeyemi, Adewale Abideen
author_sort Haron, Razali
title Islamic capital market and debt financing of Shariah-compliant firms in Indonesia
title_short Islamic capital market and debt financing of Shariah-compliant firms in Indonesia
title_full Islamic capital market and debt financing of Shariah-compliant firms in Indonesia
title_fullStr Islamic capital market and debt financing of Shariah-compliant firms in Indonesia
title_full_unstemmed Islamic capital market and debt financing of Shariah-compliant firms in Indonesia
title_sort islamic capital market and debt financing of shariah-compliant firms in indonesia
publisher IIUM Press, International Islamic University Malaysia
publishDate 2016
url http://irep.iium.edu.my/54444/
http://irep.iium.edu.my/54444/
http://irep.iium.edu.my/54444/1/04%20Razali%20Haron.pdf
http://irep.iium.edu.my/54444/7/54444_Islamic%20capital%20market_scopus.pdf
first_indexed 2023-09-18T21:17:03Z
last_indexed 2023-09-18T21:17:03Z
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