A conceptual framework for Islamic institutional and retail investment in maritime assets
The purpose of this research is to provide a conceptual framework for Islamic institutional and retail investment in maritime assets. Our objectives are to provide an introduction to seaborne trade and analyze trends in institutional interest in alternative assets and international shipping as well...
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iium-614612018-01-18T07:04:53Z http://irep.iium.edu.my/61461/ A conceptual framework for Islamic institutional and retail investment in maritime assets Abdullah, Adam Hassan, Rusni Kassim, Salina HE199 Freight (General) HG3368 Islamic Banking and Finance HG4501 Stocks, investment, speculation The purpose of this research is to provide a conceptual framework for Islamic institutional and retail investment in maritime assets. Our objectives are to provide an introduction to seaborne trade and analyze trends in institutional interest in alternative assets and international shipping as well as highlight Islamic and conventional equity structures for institutional and retail investors. Our findings reveal that an Islamic private equity framework involving an unlevered, tax-free investment in maritime assets provides a real alternative to conventional lending and even successful tax-efficient conventional equity structures, since they are not entirely without issues given the significant presence of debt financing from maritime banks. There is a demand for alternative sources of finance, such that Islamic equity finance, rather than conventional lending or structured debt can develop international shipping involving Islamic institutional and retail investment in maritime assets. CCSE 2018-01-18 Article PeerReviewed application/pdf en http://irep.iium.edu.my/61461/1/61461-A%20Conceptual%20Framework%20for%20Islamic%20Institutional%20and%20Retail.pdf Abdullah, Adam and Hassan, Rusni and Kassim, Salina (2018) A conceptual framework for Islamic institutional and retail investment in maritime assets. International Business Research, 11 (2). pp. 176-188. ISSN 1913-9004 E-ISSN 1913-9012 http://www.ccsenet.org/journal/index.php/ibr/index https://doi.org/10.5539/ibr.v11n2p176 |
repository_type |
Digital Repository |
institution_category |
Local University |
institution |
International Islamic University Malaysia |
building |
IIUM Repository |
collection |
Online Access |
language |
English |
topic |
HE199 Freight (General) HG3368 Islamic Banking and Finance HG4501 Stocks, investment, speculation |
spellingShingle |
HE199 Freight (General) HG3368 Islamic Banking and Finance HG4501 Stocks, investment, speculation Abdullah, Adam Hassan, Rusni Kassim, Salina A conceptual framework for Islamic institutional and retail investment in maritime assets |
description |
The purpose of this research is to provide a conceptual framework for Islamic institutional and retail investment in maritime assets. Our objectives are to provide an introduction to seaborne trade and analyze trends in institutional interest in alternative assets and international shipping as well as highlight Islamic and conventional equity structures for institutional and retail investors. Our findings reveal that an Islamic private equity framework involving an unlevered, tax-free investment in maritime assets provides a real alternative to conventional lending and even successful tax-efficient conventional equity structures, since they are not entirely without issues given the significant presence of debt financing from maritime banks. There is a demand for alternative sources of finance, such that Islamic equity finance, rather than conventional lending or structured debt can develop international shipping involving Islamic institutional and retail investment in maritime assets. |
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 Islamic institutional and retail investment in maritime assets |
title_short |
A conceptual framework for Islamic institutional and retail investment in maritime assets |
title_full |
A conceptual framework for Islamic institutional and retail investment in maritime assets |
title_fullStr |
A conceptual framework for Islamic institutional and retail investment in maritime assets |
title_full_unstemmed |
A conceptual framework for Islamic institutional and retail investment in maritime assets |
title_sort |
conceptual framework for islamic institutional and retail investment in maritime assets |
publisher |
CCSE |
publishDate |
2018 |
url |
http://irep.iium.edu.my/61461/ http://irep.iium.edu.my/61461/ http://irep.iium.edu.my/61461/ http://irep.iium.edu.my/61461/1/61461-A%20Conceptual%20Framework%20for%20Islamic%20Institutional%20and%20Retail.pdf |
first_indexed |
2023-09-18T21:27:11Z |
last_indexed |
2023-09-18T21:27:11Z |
_version_ |
1777412269651525632 |