This paper analyzes the degree of return predictability (or weak-form informational efficiency) of Dow Jones Islamic and conventional size and sector-indices using the data from 1996 to 2013. Employing the automatic portmanteau and variance ratio tests for the martingale difference hypothesis of asset returns, we find that all Islamic and conventional sub-index returns have been predictable in ...

This paper investigates the ways in which terrorism is linked to education and poverty using data newly culled from Hamas and Palestinian Islamic Jihad (PIJ) documentary sources. The paper presents a statistical analysis of the determinants of participation in terrorist activities by members of the Hamas and PIJ between the late 1980s and May 2002. The resulting evidence suggests that both high...

From the beginning of the Islamic era, Muslim societies have experienced periods of renewal (tajdid). Since the eighteenth century, Muslim societies across the world have been subject to a prolonged and increasingly deeply felt process of renewal. This has been expressed in different ways in different contexts. Amongst political elites with immediate concerns to answer the challenges of the Wes...

The impact of foreign banks entry on the banking sector has been well documented in the literature. However, these studies have been confined to the conventional banking sector. On the other hand, virtually nothing has been published in respect to the impact of foreign banks entry on the Islamic banking sector. The purpose of the present paper is to provide new empirical evidence on the impact ...

In Islamic Finance (IF hereafter), the safety-first rule of investing (hifdh almal) is held to be of utmost importance. According to the honesty principle (amanah), the Islamic portfolio manager (mudharib) is committed to do his best to fulfill this investing rule. This involves the use of the most appropriate management tools. The use of the normal assumption in the financial modeling is growi...

Ashkelon 8: The Islamic and Crusader Periods, by Tracy Hoffman. Final Reports of the Leon Levy Expedition to 8. Eisenbrauns, 2019. 800 pp., 1110 color 191 BW illusttrations, index. Hb. $149.95. ISBN-13: 9781575067353.

swastika designs applied for ornamenting in many different arts before islamic period. these designs have important role in architecture ornaments at islamic period. in this paper we study concepts, aesthetic and evolution of these designs in islamic period architecture ornaments from beginning to end of zand and ghajar era. the thoughtful artists of islamic periods comprehended from the beginn...

Although the Islamic archaeology of the UAE has only been investigated in a sustained manner in very recent decades, the amount of information that it provides has been so great that, for the pre-modern period, it is now at least as important a source for the country’s past as the rather sporadic and limited literary evidence. As a result of archaeological survey and excavation, form has been g...

in the background of different sciences, compiling the record of periods is very helpful to better understand and recognize rise and fall of the science. this is also applicable to islamic jurisprudence, which is one branch of islamic sciences. many scholars of jurisprudence science have proposed historical periods for it. but, unfortunately, there has not been recorded any profound research wo...