The paper discusses key issues in the measurement and control of risks in Islamic Financial Services Institutions, particularly the implications of profit sharing investment accounts (PSIA) for risk measurement, risk management, capital adequacy and supervision. Cross country data on a sample of banks reveal a considerable smoothing of returns paid to PSIA, despite wide divergences in risk. Thi...

Americans' opposition toward building an Islamic community center at Ground Zero has been attributed solely to a general anti-Muslim sentiment. We hypothesized that some Americans' negative reaction was also due to their motivation to symbolically pursue a positive U.S. group identity, which had suffered from a concurrent economic and political downturn. Indeed, when participants perceived that...

The Islamic Republic of Iran has witnessed a sharp increase in the number of caesarean sections in the past two decades. This study shows the trend of caesarean sections in the country, focusing on the probable causes of the increase during the past 30 years. The caesarean section rate was 35% in 2000 and increased to 48% in 2009. The study shows that there is a very wide range of prevalence of...

This chapter explores the determinants of ethnic culture retention and host country culture adoption among Turkish immigrants in Germany, France, and the Netherlands, using original survey data. To maximize cross-national comparability, the focus is on immigrants from two Turkish regions who themselves or whose parents migrated before 1975. As indicators of ethnic retention we investigate Turki...

Population-based data on myocardial infarction rates in the Islamic Republic of Iran have not been reported on a national or provincial scale. In a cross-sectional study, data were collected on 20 750 new cases of myocardial infarction (ICD10 codes I21-22) admitted to hospitals and registered by the Iranian Myocardial Infarction Registry in 2012. The crude and age-adjusted incidence for the 31 ...

In this paper, we conduct an examination on the causality and relationship between information and communication technology (ICT) and economic growth in an Islamic country, namely Malaysia. The study period in this paper is divided into two: from 1960 1982, and from 1983 2004. This is to examine if the contribution of ICT investment varies in different sample periods. The causality result showe...

The prodigious campaign of Taliban has emerged as the gravest threat to political stability, social harmony, and economic growth of Pakistan while weakening the contemporary political, social and economic structure of the country. In this way, the combination of religious orthodox and Islamic militancy has emerged as one of the potential challenges for Islamabad. The growing Islamic vigilance i...