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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IIUM Press, International Islamic University Malaysia
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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/ |
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Digital Repository |
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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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1777411632450764800 |