Direct and indirect costs in Islamic finance – opportunities for research

Direct and indirect costs in Islamic finance – opportunities for research

This is an exploratory conceptual paper that attempts to highlight some potential research areas related to the aspects of direct and indirect costs in Islamic finance. Questions on whether indirect costs should be included in compensation calculation and in computing mudarabah profit, as well as th...

Full description

Bibliographic Details
Main Author: Mustaffa Kamil, Nazrol Kamil
Format: Conference or Workshop Item
Language:English
English
English
Published: 2019
Subjects:
HG Finance
HG3368 Islamic Banking and Finance
Online Access:http://irep.iium.edu.my/77634/
http://irep.iium.edu.my/77634/1/Direct%20and%20Indirect%20Costs%20in%20Islamic%20Finance.pdf
http://irep.iium.edu.my/77634/2/10-th%20FIFC%20Booklet%20PDF%20FINAL.pdf
http://irep.iium.edu.my/77634/3/10th%20FIFC%20LOA%20Dr%20Nazrol%20Kamil%20Bin%20Mustaffa%20Kamil.pdf
id iium-77634
recordtype eprints
spelling iium-776342019-12-30T08:27:22Z http://irep.iium.edu.my/77634/ Direct and indirect costs in Islamic finance – opportunities for research Mustaffa Kamil, Nazrol Kamil HG Finance HG3368 Islamic Banking and Finance This is an exploratory conceptual paper that attempts to highlight some potential research areas related to the aspects of direct and indirect costs in Islamic finance. Questions on whether indirect costs should be included in compensation calculation and in computing mudarabah profit, as well as the issue for indirect costs in the context of Islamic banking windows, are deliberated upon. The paper articulates a comparison of costs of Islamic banks vis-à-vis conventional banks in terms of cost of funds, general cost efficiencies, regulatory costs, asset-liability management and risk management costs, operational costs and costs of bad debt. The risk of non-Shari’ah compliance and how it may impact costs are also highlighted. Finally, the paper briefly discusses some cost aspects relevant to Islamic capital markets. 2019 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/77634/1/Direct%20and%20Indirect%20Costs%20in%20Islamic%20Finance.pdf application/pdf en http://irep.iium.edu.my/77634/2/10-th%20FIFC%20Booklet%20PDF%20FINAL.pdf application/pdf en http://irep.iium.edu.my/77634/3/10th%20FIFC%20LOA%20Dr%20Nazrol%20Kamil%20Bin%20Mustaffa%20Kamil.pdf Mustaffa Kamil, Nazrol Kamil (2019) Direct and indirect costs in Islamic finance – opportunities for research. In: 10th Foundation of Islamic Finance Conference 2019, Sunway University. (Unpublished)
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
English
topic HG Finance
HG3368 Islamic Banking and Finance
spellingShingle HG Finance
HG3368 Islamic Banking and Finance
Mustaffa Kamil, Nazrol Kamil
Direct and indirect costs in Islamic finance – opportunities for research
description This is an exploratory conceptual paper that attempts to highlight some potential research areas related to the aspects of direct and indirect costs in Islamic finance. Questions on whether indirect costs should be included in compensation calculation and in computing mudarabah profit, as well as the issue for indirect costs in the context of Islamic banking windows, are deliberated upon. The paper articulates a comparison of costs of Islamic banks vis-à-vis conventional banks in terms of cost of funds, general cost efficiencies, regulatory costs, asset-liability management and risk management costs, operational costs and costs of bad debt. The risk of non-Shari’ah compliance and how it may impact costs are also highlighted. Finally, the paper briefly discusses some cost aspects relevant to Islamic capital markets.
format Conference or Workshop Item
author Mustaffa Kamil, Nazrol Kamil
author_facet Mustaffa Kamil, Nazrol Kamil
author_sort Mustaffa Kamil, Nazrol Kamil
title Direct and indirect costs in Islamic finance – opportunities for research
title_short Direct and indirect costs in Islamic finance – opportunities for research
title_full Direct and indirect costs in Islamic finance – opportunities for research
title_fullStr Direct and indirect costs in Islamic finance – opportunities for research
title_full_unstemmed Direct and indirect costs in Islamic finance – opportunities for research
title_sort direct and indirect costs in islamic finance – opportunities for research
publishDate 2019
url http://irep.iium.edu.my/77634/
http://irep.iium.edu.my/77634/1/Direct%20and%20Indirect%20Costs%20in%20Islamic%20Finance.pdf
http://irep.iium.edu.my/77634/2/10-th%20FIFC%20Booklet%20PDF%20FINAL.pdf
http://irep.iium.edu.my/77634/3/10th%20FIFC%20LOA%20Dr%20Nazrol%20Kamil%20Bin%20Mustaffa%20Kamil.pdf
first_indexed 2023-09-18T21:49:30Z
last_indexed 2023-09-18T21:49:30Z
_version_ 1777413673938059264

Similar Items