Capital Structure and Shari'ah Compliance of non-Financial Firms

Islamic finance is a rapidly growing niche, and this book provides valuable insights into Islamic capital structure and Shariah equity screening. It provokes readers' thoughts and proposes an innovative screening ratio to develop an Islamic capital structure theory. It will benefit academics, professionals, investors, and policymakers working in the Islamic finance industry.

Format: Hardback
Length: 402 pages
Publication date: 22 March 2021
Publisher: De Gruyter

In the ever-evolving financial landscape, diverse niche markets have assumed increasing significance. Among these, Islamic finance stands out as one of the fastest-growing sectors, with its potential for sustainable growth and innovative practices attracting widespread attention. This book serves as a valuable contribution to the academic discourse on Islamic finance, providing insightful insights into Islamic capital structure and Shariah equity screening.

The field of Islamic finance has witnessed a remarkable surge in the involvement of academics and professionals, driven by a growing interest in understanding and applying its principles. This book is a testament to this trend, as it delves into the realm of knowledge and transforms it into practical applications. By offering a critique of the existing Shariah screenings methodologies, it encourages readers to engage in critical thinking and explore the implications of these approaches.

Moreover, this book extends its focus beyond traditional risk-sharing-based financing hierarchies and introduces an innovative screening ratio. Through this framework, Dr. Yildirim proposes an Islamic version of a pecking order hierarchy, which serves as a foundation for developing an Islamic capital structure theory. This groundbreaking work will undoubtedly benefit academics, professionals, investors, and policymakers engaged in the Islamic finance industry, as it provides a comprehensive and practical approach to stock screening.

In conclusion, this book represents a significant milestone in the development of Islamic finance scholarship. Its comprehensive coverage, practical insights, and innovative approach make it an invaluable resource for anyone interested in exploring the world of Islamic finance. As the industry continues to evolve, this book will undoubtedly remain a cornerstone for future research and practice.

Weight: 798g
Dimension: 177 x 246 x 28 (mm)
ISBN-13: 9783110713503