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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Main Authors: Abdullah, Adam, Hassan, Rusni, Kassim, Salina
Format: Article
Language:English
Published: CCSE 2018
Subjects:
Online Access: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
id iium-61461
recordtype eprints
spelling 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
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