ISLAMIC CAPITAL MARKET AND DEBT FINANCING OF SHARIAH-COMPLIANT FIRMS IN INDONESIA

被引：0
|
作者：
Haron, Razali [1 ]
Adeyemi, Adewale Abideen [2 ,3 ,4 ,5 ]
机构：
[1] IIUM Inst Islamic Banking & Finance, Kuala Lumpur, Malaysia
[2] IIUM Inst Islamic Banking & Finance IIiBF, Kuala Lumpur, Malaysia
[3] IIUM, KENMS, Dept Finance, Kuala Lumpur, Selangor, Malaysia
[4] IIUM, Master Management Programme, Grad Sch Management, Kuala Lumpur, Selangor, Malaysia
[5] Univ Ilorin, Accounting & Finance Dept, Ilorin, Nigeria
来源：
AL-SHAJARAH | 2016年
关键词：
Islamic Capital Market; Islamic Finance; Debt Financing; shariah-compliant; Indonesia;
D O I：
暂无
中图分类号：
B9 [宗教];
学科分类号：
010107 ;
摘要：
Islamic Capital Market (ICM) is expanding rapidly worldwide and Indonesia is following very closely. Examining 290 shariah-compliant Indonesian firms, we found that certain firm and industry level determinants do influence the debt financing without ignoring the shariah principles governing the decisions. The ICM accelerating growth is very much reflected in the findings, thus contributing significantly in the literature and to the policymakers as well. Being shariah-compliant does not hinder them from engaging in higher debt with Islamic debt instruments employed as alternatives.
引用
收藏
页码：67 / 86
页数：20
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