Developing an Islamic investment framework for maritime assets

This paper seeks to develop an Islamic investment framework for maritime assets. Following the recent global financial crisis, the financial performance of international ship-owners has been significantly eroded in the presence of debt-based finance and volatile maritime earnings. Accordingly, this...

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Main Authors:	Abdullah, Adam, Hassan, Rusni, Kassim, Salina
Format:	Article
Language:	English
Published:	Medwell Journals 2017
Subjects:	HE199 Freight (General) HG Finance HG4501 Stocks, investment, speculation
Online Access:	http://irep.iium.edu.my/57052/ http://irep.iium.edu.my/57052/ http://irep.iium.edu.my/57052/ http://irep.iium.edu.my/57052/1/57052-%20Developing%20an%20Islamic%20Investment%20Framework.pdf

id	iium-57052
recordtype	eprints
spelling	iium-570522018-02-01T01:50:21Z http://irep.iium.edu.my/57052/ Developing an Islamic investment framework for maritime assets Abdullah, Adam Hassan, Rusni Kassim, Salina HE199 Freight (General) HG Finance HG4501 Stocks, investment, speculation This paper seeks to develop an Islamic investment framework for maritime assets. Following the recent global financial crisis, the financial performance of international ship-owners has been significantly eroded in the presence of debt-based finance and volatile maritime earnings. Accordingly, this paper seeks to develop an Islamic investment framework for maritime assets based on equity finance in order to provide an alternative to conventional debt-based ship financing. The approach taken analyzes the related theoretical concepts in relation to Islamic investment contracts, the Islamic normative theory of profit, inter-temporal choice and investment, efficiency of resource allocation and the Islamic monetary theory of value. The significance of this study clarifies the underlying theories associated with Islamic investment analysis for maritime assets, and also provides a broader framework for infrastructure funding of other real assets generally. Medwell Journals 2017 Article PeerReviewed application/pdf en http://irep.iium.edu.my/57052/1/57052-%20Developing%20an%20Islamic%20Investment%20Framework.pdf Abdullah, Adam and Hassan, Rusni and Kassim, Salina (2017) Developing an Islamic investment framework for maritime assets. The Social Sciences, 12 (10). pp. 1865-1876. ISSN 1818-5800 E-ISSN 1993-6125 http://www.medwelljournals.com/journalhome.php?jid=1818-5800 DOI: 10.3923/sscience.2017.1865.1876
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) HG Finance HG4501 Stocks, investment, speculation
spellingShingle	HE199 Freight (General) HG Finance HG4501 Stocks, investment, speculation Abdullah, Adam Hassan, Rusni Kassim, Salina Developing an Islamic investment framework for maritime assets
description	This paper seeks to develop an Islamic investment framework for maritime assets. Following the recent global financial crisis, the financial performance of international ship-owners has been significantly eroded in the presence of debt-based finance and volatile maritime earnings. Accordingly, this paper seeks to develop an Islamic investment framework for maritime assets based on equity finance in order to provide an alternative to conventional debt-based ship financing. The approach taken analyzes the related theoretical concepts in relation to Islamic investment contracts, the Islamic normative theory of profit, inter-temporal choice and investment, efficiency of resource allocation and the Islamic monetary theory of value. The significance of this study clarifies the underlying theories associated with Islamic investment analysis for maritime assets, and also provides a broader framework for infrastructure funding of other real assets generally.
format	Article
author	Abdullah, Adam Hassan, Rusni Kassim, Salina
author_facet	Abdullah, Adam Hassan, Rusni Kassim, Salina
author_sort	Abdullah, Adam
title	Developing an Islamic investment framework for maritime assets
title_short	Developing an Islamic investment framework for maritime assets
title_full	Developing an Islamic investment framework for maritime assets
title_fullStr	Developing an Islamic investment framework for maritime assets
title_full_unstemmed	Developing an Islamic investment framework for maritime assets
title_sort	developing an islamic investment framework for maritime assets
publisher	Medwell Journals
publishDate	2017
url	http://irep.iium.edu.my/57052/ http://irep.iium.edu.my/57052/ http://irep.iium.edu.my/57052/ http://irep.iium.edu.my/57052/1/57052-%20Developing%20an%20Islamic%20Investment%20Framework.pdf
first_indexed	2023-09-18T21:20:36Z
last_indexed	2023-09-18T21:20:36Z
_version_	1777411855336079360

Developing an Islamic investment framework for maritime assets

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