<p>Because they comply with <em>shariah</em> law, Islamic firms – financial as well as non-financial – behave differently from their conventional counterparts. While we know a lot about the structure and operation of Islamic financial institutions, information on Islamic non-financial corporations is very limited. This book combines technical as well as non-technical information on Islamic listed corporations and their structures and strategies, from several dimensions. The contents of this book will be particularly useful for academics to get an in-depth view of Islamic corporate finance, with evidence garnered from around the globe.<br /><i>—Professor Dr. Habib Ahmed, Durham University, UK</i></p><p>In recent years the Islamic financial services industry has seen astonishing, double-digit global growth, mostly in the form of financial firms (Islamic banks, microcredits, and others). However, the existing literature provides minimal coverage of the underlying corporate finance assumptions and relevant financing strategies <em>non</em>-financial <em>shariah</em>-compliant corporations which engage in <em>halal</em> business – that permitted by <em>shariah</em> law. This book covers regular topics in corporate finance, such as performance matrix/measures, capital structure, dividend policy, and pertinent corporate finance issues, from the perspective of Islamic corporations. The book will help both corporate leaders and academics to arrive at a deeper understanding of Islamic corporate financing, especially in emerging economies.<br />—<i>Dr. Syed Musa Bin Syed Jaafar Alhabshi, Dean, International Islamic University Malaysia (IIUM) Institute of Islamic Banking and Finance, Malaysia</i></p>
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M. Kabir Hassan is Hibernia Professor of Economics and Finance, and Bank One Professor of Business, at the University of New Orleans, Louisiana, USA.
Mamunur Rashid is Senior Assistant Professor of Finance at the Universiti Brunei Darussalam.
Sirajo Aliyu is Senior Lecturer at the Federal Polytechnic Bauchi-Nigeria, and a certified member of the International Council of Islamic Finance Educators and Chartered Institute of Islamic Finance Professionals.