Issues and Prospects of Islamic Hire Purchase Financing: Malaysian Evidence

Labor Market Reforms: Issues, Evidence and Prospects

The study of labor market segmentation and the estimation of the deadweight loss due to policy distortions reflected in wage structures require analyses of labor force surveys. These data are increasingly available in most countries. But evaluations of labor market reforms are uncommon. The lack of documented labor market reforms may reflect the difficulty of reducing wage distortions by direct...

The State of Islamic Finance: Post-crisis and Future Prospects

The main purpose of this paper is to trace epistemological roots of conventional and Islamic finance. Based on an extensive literature review, this paper aims to highlight, explain, and discuss an ideal conventional and Islamic financial system. The ideal conventional financial system is discussed in light of various writings by Smith and Arrow, based on Arrow-Debreu model. On the other ...

Problems and Prospects of Introducing Islamic Microfinance in Azerbaijan Republic

Islamic financing and allocation of banking resources in Iran

The use of new Islamic financing tools is one of the logical ways to improve the performance of banks in Islamic countries. Islamic instruments are considered as the simplest method of financing and liquidity, which, while relying on physical assets and reducing credit risks, have no legal problems and the experience of recent years indicates the high efficiency of these instruments in strength...

CAPACITATED VEHICLE ROUTING PROBLEM WITH VEHICLES HIRE OR PURCHASE DECISION: MODELING AND SOLUTION APPROACHES

The overall cost of companies dealing with the distribution tasks is considerably affected by the way that distributing vehicles are procured. In this paper, a more practical version of capacitated vehicle routing problem (CVRP) in which the decision of purchase or hire of vehicles is simultaneously considered is investigated. In CVRP model capacitated vehicles start from a single depot simulta...