# Ahamed Kameel Mydin Meera

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Monetary economics, the gold dinar, and the Maqāsid al-Sharī’ah

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## Posts

- [Articles](https://ahamedkameel.com/articles/)
- [My say: understanding the Allah issue](https://ahamedkameel.com/my-say-understanding-the-allah-issue/): Newspaper column. The Edge Malaysia, 2010 Repository record · Publisher This entry lists the column and where it appeared. The text is held by the IIUM Repository at the link above.
- [Segerakan guna dinar emas](https://ahamedkameel.com/segerakan-guna-dinar-emas/): Newspaper column. Utusan Malaysia, pp. 13-13, 2009 Repository record · Publisher This entry lists the column and where it appeared. The text is held by the IIUM Repository at the link above.
- [My say: the struggle for Palestine](https://ahamedkameel.com/my-say-the-struggle-for-palestine/): Newspaper column. The Edge Malaysia, 2009 Repository record · Publisher Keywords: Palestine This entry lists the column and where it appeared. The text is held by the IIUM Repository at the link above.
- [My say: fixing the ailing world](https://ahamedkameel.com/my-say-fixing-the-ailing-world/): Newspaper column. The Edge Malaysia, 2009 Repository record · Publisher Keywords: world economy This entry lists the column and where it appeared. The text is held by the IIUM Repository at the link above.
- [My say: discuss the gold dinar issue objectively](https://ahamedkameel.com/my-say-discuss-the-gold-dinar-issue-objectively/): Newspaper column. The Edge Malaysia, (821), 2009 Repository record · Publisher Keywords: gold dinar, Islamic finance, Islamic dinar This entry lists the column and where it appeared. The text is held by the IIUM Repository at the link above.
- [My say: gold equals money](https://ahamedkameel.com/my-say-gold-equals-money/): Newspaper column. The Edge Malaysia, 2009 Repository record · Publisher Keywords: economic theory, gold dinar This entry lists the column and where it appeared. The text is held by the IIUM Repository at the link above.
- [My say: the irony of university ranking](https://ahamedkameel.com/my-say-the-irony-of-university-ranking/): Newspaper column. The Edge Malaysia, 2009 Repository record · Publisher Keywords: economic theory, gold dinar This entry lists the column and where it appeared. The text is held by the IIUM Repository at the link above.
- [Global financial crisis: causes, consequences and response](https://ahamedkameel.com/global-financial-crisis-causes-consequences-and-response/): Newspaper article. United Muslim Forum - IIUM's Bilingual Newsletter, (11), pp. 12-13, 2010 Repository record · Publisher Keywords: global financial crisis This entry lists the column and where it appeared. The text is held by the IIUM Repository at the link above.
- [My say : Gold still glitters](https://ahamedkameel.com/my-say-gold-still-glitters/): Newspaper column. The Edge, pp. 53, 2010 Repository record Keywords: gold dinar This entry lists the column and where it appeared. The text is held by the IIUM Repository at the link above.

## Pages

- [Home](https://ahamedkameel.com/): Ahamed Kameel Mydin Meera Monetary economist. Writing on fiat money and seigniorage, the gold dinar, and whether a monetary system can serve the Maqāsid al-Sharī’ah. Topics
- [About](https://ahamedkameel.com/about/): Ahamed Kameel Mydin Meera Senior Research Fellow Kulliyyah of Economics and Management Sciences (KENMS) International Islamic University Malaysia CITATION RECORD Citations3,200 h-index29 i10-index52 Since 2020: 1,150 citations, h-index 19, i10-index 30. From Google Scholar, read on 2 October 2026. ELSEWHERE Google Scholar IIUM Repository Contact A monetary economist writing on fiat money, seigniorage and the
- [Contact](https://ahamedkameel.com/contact/): Contact For correspondence about my research, papers or books. Messages go straight to me. I will try to read everything, though a reply to every one is not always possible.
- [Privacy Policy](https://ahamedkameel.com/privacy-policy/): Privacy Policy This site is a scholarly archive. It sells nothing, has no reader accounts, and collects as little as it can. What Is Collected Analytics. The site uses Google Analytics to count visits and see which papers are read. This sets cookies in your browser and sends Google information about your visit, including your
- [Terms of Use](https://ahamedkameel.com/terms-of-use/): Terms of Use This site publishes the scholarly work of Prof. Dato’ Dr. Ahamed Kameel Mydin Meera. By using it you accept the terms below. Copyright The papers, books, columns and other writing on this site are the work of Prof. Ahamed Kameel Mydin Meera and, where stated, his co-authors. Copyright in each item rests

## Papers

- [Risk management with a duration gap approach: empirical evidence from a cross-country study of dual banking systems](https://ahamedkameel.com/papers/risk-management-with-a-duration-gap-approach-empirical-evidence-from-a-cross-country-study-of-dual-banking-systems/): The current issue and full text archive of this journal is available on Emerald Insight at: https://www.emerald.com/insight/1759-0817.htm Risk management with a duration gap approach Empirical evidence from a cross-country study of dual banking systems Jamshaid Anwar Chattha Received 23 October 2017 Islamic Financial Services Board, Kuala Lumpur, Malaysia, and Revised 29 May 2018 International Islamic
- [Gold dinar: the next component in Islamic economics, banking and finance](https://ahamedkameel.com/papers/gold-dinar-the-next-component-in-islamic-economics-banking-and-finance/): The Gold Dinar: The Next Component in Islamic Economics, Banking and Finance* Ahamed Kameel Mydin Meera and Moussa Larbani Abstract: Islamic banking started with the objective of providing a banking system that conforms to the SharÏ¢ah, with the absence of interest or rib¥. Nonetheless, it has increasingly become evident that a convergence is taking place
- [Testing the Survival Model: Does Sukuk Offer a Better Trade-off?](https://ahamedkameel.com/papers/testing-the-survival-model-does-sukuk-offer-a-better-trade-off/): TESTING THE SURVIVAL MODEL: DOES SUKUK OFFER A BETTER TRADE-OFF? Roslina Mohamad Shafi1, Sharifah Raihan Syed Mohd Zain2, Mohamed Eskandar Shah Mohd Rasid3, Ahamed Kameel Mydin Meera2 Department of Finance, Faculty of Business and Management, Universiti Teknologi MARA Johor, Malaysia1; Department of Finance, Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia2; INCEIF, The
- [An Analysis of Yusuf (AS)'s Counter-Cyclical Principle and its Implementation in the Modern World](https://ahamedkameel.com/papers/an-analysis-of-yusuf-ass-counter-cyclical-principle-and-its-implementation-in-the-modern-world/): An Analysis of Yusuf (AS)'s Counter-Cyclical Principle and its Implementation in the Modern World Jameel Ahmeda, Ahamed Kameel Mydin Meerab, Patrick Collinsc aUniversity of Balochistan, Quetta 87300, Pakistan, jamil_ims@yahoo.com bIIUM Institute of Islamic Banking and Finance, Kuala Lumpur 50480, Malaysia cAzabu University, Sagamihara Kanagawa 252-0206, Japan Abstract Objective - This study examines the present-day implementation
- [Ownership effects of fractional reserve banking: an Islamic perspective](https://ahamedkameel.com/papers/ownership-effects-of-fractional-reserve-banking-an-islamic-perspective/): Ownership Effects of Fractional Reserve Banking: An Islamic Perspective by Ahamed Kameel Mydin Meera* & Moussa Larbani (Forthcoming in Humanomics) Department of Business Administration Faculty of Economics and Management Sciences International Islamic University Malaysia P.O.Box 10 50728 KUALA LUMPUR Selangor, Malaysia akameel@iiu.edu.my* moussa@iiu.edu.my University Malaysia. *Corresponding author Ownership Effects of Fractional Reserve Banking: An Islamic
- [The Impact of financial risks on profitability of Malaysian commercial banks: 1996-2005](https://ahamedkameel.com/papers/the-impact-of-financial-risks-on-profitability-of-malaysian-commercial-banks-1996-2005/): Journal article. International Journal of Social and Human Sciences, 3, pp. 807-821, 2009 Repository record This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [A measurement model of the determinants of financial exclusion among Muslim micro-entrepreneurs in Ilorin, Nigeria](https://ahamedkameel.com/papers/a-measurement-model-of-the-determinants-of-financial-exclusion-among-muslim-micro-entrepreneurs-in-ilorin-nigeria/): Journal article. Journal of Islamic Finance, 1(1), pp. 30-43, 2012 Read the PDF · Repository record · Publisher Keywords: Financial exclusion, Voluntary exclusion, Involuntary exclusion, Cultural capital, Measurement model, Financial, citizenship This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will
- [Viability of implementing direct interest-free credit clearance system in Muslim countries](https://ahamedkameel.com/papers/viability-of-implementing-direct-interest-free-credit-clearance-system-in-muslim-countries/): Viability of Implementing Direct Interest-Free Credit Clearance System in Muslim Countries Syammon Jaafar1, Adam Abdullah1, Rusni Hassan1, and Ahamed Kameel Mydin Meera1 Abstract This study aims to examine the possibilities of implementing direct interest-free credit clearance (DIFCC) system,which is one of the viable alternatives to solve the problems of contemporary currency system. The DIFCC, which
- [Fractional Reserve Banking and Maqasid al-shariah: An incompatible Practice](https://ahamedkameel.com/papers/fractional-reserve-banking-and-maqasid-al-shariah-an-incompatible-practice/): Fractional Reserve Banking and Maqasid al-shariah: An incompatible Practice *Sani. M.D, **Arfah S. ***Meera A.K.M. and ** **Aziuddin A. * PhD Candidate, Graduate School of Management, Universiti Putra Malaysia 43400 Serdang, Selangor, Malaysia Email:sanidangulbi@yahoo.co.uk H/P 0172732616 or 0103686995 **Department of Accounting & Finance, Graduate School of Management Universiti Putra Malaysia, 43400 Serdang, Selangor, Malaysia ***Department
- [Strategy of Financial Inclusion Development in Indonesia](https://ahamedkameel.com/papers/strategy-of-financial-inclusion-development-in-indonesia/): Received: 18 March 2016; Revised: 03 March 2017; Accepted: 15 April 2017 STRATEGY OF FINANCIAL INCLUSION DEVELOPMENT IN INDONESIA Bedjo Santoso1* Ahamed Kameel Mydin Meera2 1Faculty of Economics, Islamic University of Sultan Agung, Semarang, Indonesia 2Faculty of Economics and Business, International Islamic University Malaysia Email:*1ahmadsantosa70@gmail.com; 2akamel@gmail.com ABSTRACT - The objective of financial inclusion (FI) to
- [Islamic Gold Dinar: The Historical Standard](https://ahamedkameel.com/papers/islamic-gold-dinar-the-historical-standard/): ISLAMIC GOLD DINAR: THE HISTORICAL STANDARD Ahamed Kameel Mydin Meera1 Abstract Lately, there have been questions on what the standards for gold dinar and silver dirham should be. Since the dinar and dirham indeed formed the Shari’ah monetary standards from the time of the Prophet pbuh, our work can, therefore, only involve in the rediscovery
- [The Case for the Islamic Gold Dinar](https://ahamedkameel.com/papers/the-case-for-the-islamic-gold-dinar/): THE CASE FOR THE ISLAMIC GOLD DINAR Ahamed Kameel Mydin Meera* Abstract This article is written in response to the article by Murat Cizakca (2011), “The Islamic Gold Dinar – Myths and Reality”, which appeared in the ISRA International Journal of Islamic Finance, Volume 3(1), 2011, pp. 49-63. Cizakca basically provided a case against the
- [Indonesian Community Mobile Financial Inclusion](https://ahamedkameel.com/papers/indonesian-community-mobile-financial-inclusion/): BEDJO SANTOSO Ph.D. Candidate Islamic Banking and Finance IIUM, Lecturer in Economics Faculty, Islamic University of Sultan Agung Semarang Email: ahmadsantosa70@gmail.com AHAMED KAMEEL MYDIN MEERA Professor in Economics and Business Faculty, International Islamic University Malaysi Email: akamel@gmail.com Abstract Financial inclusion (FI) is a global movement under the World Bank programs to make the poor is
- [Hedging Foreign Exchange Risk with Forwards, Futures, Options and the Gold Dinar: A Comparison Note](https://ahamedkameel.com/papers/hedging-foreign-exchange-risk-with-forwards-futures-options-and-the-gold-dinar-a-comparison-note/): Hedging Foreign Exchange Risk with Forwards, Futures, Options and the Gold Dinar: A Comparison Note Ahamed Kameel Mydin Meera Department of Business Administration International Islamic University Malaysia Introduction The 1997 East Asian currency crisis made apparent how vulnerable currencies can be. The speculative attacks on the Ringgit almost devastated the economy if not for the
- [Strategic Allocation of International Reserves: Case for Malaysia](https://ahamedkameel.com/papers/strategic-allocation-of-international-reserves-case-for-malaysia/): Chapter 5 Strategic Allocation of International Reserves: Case for Malaysia Kamola Bayram, Adam Abdullah and Ahamed Kameel Mydin Meera Abstract This research sought to identify the optimal level of gold as a reserve asset to be held in portfolios of central banks in order to enhance stability of nations in times of economic, financial and/or
- [Financial market risk and gold investment in an emerging market: the case of Turkey](https://ahamedkameel.com/papers/financial-market-risk-and-gold-investment-in-an-emerging-market-the-case-of-turkey/): IIUM Institute of Islamic Banking and Finance Financial Market Risk and Gold Investment in an Emerging Market: The Case of Turkey Kamola Bayrama*, Adam Abdullahb, Ahamed Kameel Mydin Meerac a,b,c IIUM Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia Corresponding author:kamolaiium@gmail.com Abstract This study aims to identify the opportunity cost of holding
- [Adopting al-Hikr long term lease financing for Waqf and state lands in Malaysia to provide affordable public housing](https://ahamedkameel.com/papers/adopting-al-hikr-long-term-lease-financing-for-waqf-and-state-lands-in-malaysia-to-provide-affordable-public-housing/): ADOPTING AL-HIKR LONG TERM LEASE FINANCING FOR WAQF AND STATE LANDS IN MALAYSIA TO PROVIDE AFFORDABLE PUBLIC HOUSING1 Adam Abdullah Ahamed Kameel Mydin Meera Abstract This concept paper provides a practical, policy solution to deliver affordable public housing. By evaluating price-to-income ratios, it analyzes to what extent housing has become seriously unaffordable in Malaysia. We
- [Islamic home financing through Musharakah Mutanaqisah and al-Bay’ Bithaman Ajil contracts: a comparative analysis](https://ahamedkameel.com/papers/islamic-home-financing-through-musharakah-mutanaqisah-and-al-bay-bithaman-ajil-contracts-a-comparative-analysis/): Islamic Home Financing through Musharakah Mutanaqisah and al-Bay’ Bithaman Ajil Contracts: A Comparative Analysis by Ahamed Kameel Mydin Meera & Dzuljastri Abdul Razak Department of Business Administration Kulliyyah of Economics and Management Sciences International Islamic University Malaysia Jalan Gombak 53100 KUALA LUMPUR Selangor, Malaysia akameel@iiu.edu.my* dzuljastri @iiu.edu.my *Corresponding author Islamic Home Financing through Musharakah Mutanaqisah
- [Gessel's concept of free-money eliminating interest through information-money](https://ahamedkameel.com/papers/gessels-concept-of-free-money-eliminating-interest-through-information-money/): GESSEL’S CONCEPT OF FREE- CHAPTER MONEY ELIMINATING INTEREST THROUGH INFORMATION- MONEY by Edo Omercevic & Ahamed Kameel Mydin Meera Introduction Literature Review 6.2.1 Classical Theory 6.2.2 Liquidity Preference Theory 6.2.3 Horizontalist Theory 6.2.4 Wicksellian Theory Silvio Gessel and the ‘Tribute’ on Money Usage The Importance of Sufficient Supply of the Medium of Exchange Demand for
- [An analysis of operationalization and acceptability of business to business transaction: a mixed method approach](https://ahamedkameel.com/papers/an-analysis-of-operationalization-and-acceptability-of-business-to-business-transaction-a-mixed-method-approach/): American Journal of Applied Sciences 9 (9): 1422-1434, 2012 An Analysis of Operationalization and Acceptability of Business to Business Transaction: A mixed Method Approach 1 Muhammad-Bashir Owolabi Yusuf, 2Ahamed Kameel Mydin Meera, 1Gairuzazmi Mat Ghani, 1Turkhan Ali Abdul Manap and 3Moussa Larbani 1Department of Economics, 2Department of Finance, 3Department of Business, Kulliyyah of Economics and
- [Viability of Trade Credit as an Underlying Asset in a Shari’ah Compliant Alternative Credit System](https://ahamedkameel.com/papers/viability-of-trade-credit-as-an-underlying-asset-in-a-shariah-compliant-alternative-credit-system/): Trade credit is a form of short term financing that is commonly utilised by firms, especially small and medium enterprises (SMEs) for working capital management purposes. As trade credit is unstructured and is variable and dependent upon each transaction, it makes it a highly illiquid…
- [Peranan Institusi Kewangan Islam Dalam Meningkatkan Pemilikan Kekayaan Ummah: Satu Gagasan dan Cabaran Pelaksanaan](https://ahamedkameel.com/papers/peranan-institusi-kewangan-islam-dalam-meningkatkan-pemilikan-kekayaan-ummah-satu-gagasan-dan-cabaran-pelaksanaan/): Adalah sesuatu yang tidak dapat dinafikan bahawa wang dan sistem kewangan banyak berkaitan dengan penghasilan kekayaan. Malahan, ramai beranggapan wang itu sendiri adalah kekayaan. Dalam hal ini, insitusi kewangan memainkan peranan yang amat penting. Mereka berperanan memobilisi simpanan yang…
- [A Model of a Shariah Compliant Credit Clearing System to Facilitate Working Capital Management for Micro, Small and Medium Enterprises](https://ahamedkameel.com/papers/a-model-of-a-shariah-compliant-credit-clearing-system-to-facilitate-working-capital-management-for-micro-small-and-medium-enterprises/): MSMEs enhance competition through economy-wide entrepreneurship, encouraging innovation and improving efficiency as their industries grow. In an increasingly globalized marketplace, it is important for local MSMEs to remain competitive in order to survive. Due to their size, they face many…
- [A Case for a Shari’ah Compliant Alternate Credit System to Facilitate Working Capital Management for Micro, Small and Medium Enterprises in Malaysia](https://ahamedkameel.com/papers/a-case-for-a-shariah-compliant-alternate-credit-system-to-facilitate-working-capital-management-for-micro-small-and-medium-enterprises-in-malaysia/): Studies and statistics have shown that micro, small and medium enterprises (MSMEs) enhance competition through economy-wide entrepreneurship, encouraging innovation and improving efficiency as their industries grow. In an increasingly globalized marketplace, it is important for Malaysian MSMEs…
- [A Panel Data Analysis on the Relationship between Corporate Governance and Bank Efficiency](https://ahamedkameel.com/papers/a-panel-data-analysis-on-the-relationship-between-corporate-governance-and-bank-efficiency/): Emerging corporate governance issues in the Asian countries due to the 1997- 1998 economic crises makes it much more important to discuss those issues within the context of this region. In developing countries such as Malaysia, a good governance of the banks is crucial for the survival of its…
- [Is Gold Dinar the Appropriate Money in Islam?](https://ahamedkameel.com/papers/is-gold-dinar-the-appropriate-money-in-islam/): The idea of revisiting currency and gold dinar from an Islamic standpoint as done in this paper is an interesting discourse in the current monetary system. The literature survey included historical aspect, supremacy of gold currency and the weakness of fiat money by employing maslahah-mursalah…
- [Corporate Governance and Risk Management Information Disclosure in Malaysian Listed Banks: Panel Data Analysis](https://ahamedkameel.com/papers/corporate-governance-and-risk-management-information-disclosure-in-malaysian-listed-banks-panel-data-analysis/): Corporate governance issue has attracted the researchers, including the Malaysian researchers due to the 1997-1998 economic crises. Furthermore, it is undeniable that the banking sector is the heart of the economy in any country and it cannot be separated since it is the main source in…
- [Capital asset pricing model and pricing of Islamic financial instruments](https://ahamedkameel.com/papers/capital-asset-pricing-model-and-pricing-of-islamic-financial-instruments/): JKAU: Islamic Econ., Vol. 29 No. 1, pp: 21-39 (January 2016) Capital Asset Pricing Model and Pricing of Islamic Financial Instruments Shabir Ahmad Hakim*, Zarinah Hamid** and Ahamed Kameel Mydin Meera** *Effat University Jeddah, Saudi Arabia, **International Islamic University Malaysia Abstract. The prohibitions of ribā (interest) and trading in non-ḥalāl businesses in Islam redefines investment
- [The Institute of Islamic Banking and Finance advancing Islamic finance industry worldwide](https://ahamedkameel.com/papers/the-institute-of-islamic-banking-and-finance-advancing-islamic-finance-industry-worldwide/): Book chapter. The International Islamic University Malaysia: the garden of knowledge and virtue, pp. 321-331, 2019 Read the PDF · Repository record Keywords: The Institute of Islamic Banking and Finance, IIiBF, International Islamic University Malaysia, IIUM, Islamic finance industry This entry lists the publication and its abstract. The full text is held by the IIUM
- [Factors influence Islamic businesses and institutions to contribute cash waqf](https://ahamedkameel.com/papers/factors-influence-islamic-businesses-and-institutions-to-contribute-cash-waqf/): Book chapter. Waqf and socio-economic development, pp. 141-176, 2018 Repository record Keywords: Islamic businesses, Islamic institutions, cash waqf, contributions This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Simulation of Shariah compliant commodity backed currency system: a Turkish case-study](https://ahamedkameel.com/papers/simulation-of-shariah-compliant-commodity-backed-currency-system-a-turkish-case-study/): Journal article. Turkish Journal of Islamic Economics (TUJISE), 5(2), pp. 95-127, 2018 Read the PDF · Repository record Keywords: Commodity Backed Currency System, Simulation, Turkey, Financial Crises, Shariah Compliant This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this
- [Revisiting the concepts of money, profit and interest from the perspective of value and diminishing marginal utility](https://ahamedkameel.com/papers/revisiting-the-concepts-of-money-profit-and-interest-from-the-perspective-of-value-and-diminishing-marginal-utility/): Journal article. Journal of Islamic Monetary Economics and Finance (JIMF), 1(1), pp. 25-53, 2015 Repository record Keywords: money, marginal utility, monetary system This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Financial citizenship barriers among Muslim micro-entrepreneurs in Ilorin, Nigeria: a factorial invariance analysis](https://ahamedkameel.com/papers/financial-citizenship-barriers-among-muslim-micro-entrepreneurs-in-ilorin-nigeria-a-factorial-invariance-analysis/): Book chapter. Islamic microfinance for sustainable development, pp. 230-249, 2014 Repository record Keywords: Financial Citizenship, Cultural Capital, Eligibility, Affordability, Factorial Invariance This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [The challenges of implementing gold dinar in Kelantan: An empirical analysis](https://ahamedkameel.com/papers/the-challenges-of-implementing-gold-dinar-in-kelantan-an-empirical-analysis/): Journal article. Institutions and Economies, 5(3), pp. 97-114, 2013 Repository record Also published as Conference paper. The 5th ISDEV International Islamic Development Management Conference, 2011 Record Keywords: Adoption, External and internal challenges, Gold dinar, Kelantan This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link
- [Better corporate governance and risk in dual banking environment : evidence from Malaysia.](https://ahamedkameel.com/papers/better-corporate-governance-and-risk-in-dual-banking-environment-evidence-from-malaysia/): Book chapter. Islamic Banking & Finance: Issues & Solutions, pp. 138-159, 2011 Read the PDF · Repository record Keywords: Corporate, governance, risk, bank, Malaysia This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is
- [Lending structure and 3-factor CAPM risk exposures: the case of Malaysia (Struktur pinjaman dan pendedahan risiko bagi 3-Faktor CAPM: kajian kes di Malaysia)](https://ahamedkameel.com/papers/lending-structure-and-3-factor-capm-risk-exposures-the-case-of-malaysia-struktur-pinjaman-dan-pendedahan-risiko-bagi-3-faktor-capm-kajian-kes-di-malaysia/): Journal article. Jurnal Pengurusan, 31, pp. 29-41, 2010 Repository record Keywords: 3-factor CAPM This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [An Islamic pricing benchmark](https://ahamedkameel.com/papers/an-islamic-pricing-benchmark/): Journal article. ISRA Research Paper, (17), pp. 1-78, 2010 Repository record Keywords: Islamic finance, Shari'ah This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Musharakah Mutanaqisah and Al-Bay’ Bithaman Ajil Contracts as means for homeownership: a conceptual comparison](https://ahamedkameel.com/papers/musharakah-mutanaqisah-and-al-bay-bithaman-ajil-contracts-as-means-for-homeownership-a-conceptual-comparison/): Conference paper. Young Scholars Conference, pp. 1-24, 2006 Read the PDF · Repository record Keywords: Musharakah Mutanaqisah, Al-Bay’ Bithaman Ajil, Musharakah, Ijarah, Shari‟ah This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Lending structure and bank insolvency risk: a comparative study between Islamic and conventional banks](https://ahamedkameel.com/papers/lending-structure-and-bank-insolvency-risk-a-comparative-study-between-islamic-and-conventional-banks/): Journal article. Journal of Business & Policy Research, 4(2), pp. 189-221, 2009 Repository record This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [The Musharakah Mutanaqisah contract: some practical issues](https://ahamedkameel.com/papers/the-musharakah-mutanaqisah-contract-some-practical-issues/): Book chapter. Real money: Money and Payment systems from an Islamic perspective, pp. 319-343, 2009 Repository record Keywords: musharakah mutanaqisah, practical This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Riba and the Muslim destiny: a political economy perspective](https://ahamedkameel.com/papers/riba-and-the-muslim-destiny-a-political-economy-perspective/): Book chapter. Real money: money and payment systems from an Islamic perspective, pp. 91-109, 2009 Repository record Keywords: fractional reserve banking This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Integrating al-rahn with the gold dinar: the initial building-blocks towards a gold-based economy](https://ahamedkameel.com/papers/integrating-al-rahn-with-the-gold-dinar-the-initial-building-blocks-towards-a-gold-based-economy/): Book chapter. Real money: Money and Payment systems from an Islamic perspective, pp. 221-235, 2009 Repository record Keywords: gold dinar, al-rahn This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Money, interest and environment](https://ahamedkameel.com/papers/money-interest-and-environment/): Book chapter. Real money: Money and Payment systems from an Islamic perspective, pp. 111-117, 2009 Repository record Keywords: money, interest, environment This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Home financing through the Musharakah Mutanaqisah contracts: Some practical issues](https://ahamedkameel.com/papers/home-financing-through-the-musharakah-mutanaqisah-contracts-some-practical-issues/): Journal article. Journal of King Abdulaziz University Islamic Economics, 22(1), pp. 3-27, 2009 Repository record Also published as Book chapter. IIiBF Series in Islamic Banking and Finance: 1, pp. 91-124, 2009 Record Conference paper. 5th International Islamic Banking Conference Islamic Finance, pp. 1-30, 2007 Record Keywords: Musharakah Mutanaqisah, home financing, contracts This entry lists the
- [Dynamic linkages among ASEAN-5 emerging stock markets](https://ahamedkameel.com/papers/dynamic-linkages-among-asean-5-emerging-stock-markets/): Journal article. International Journal of Emerging Markets, 4(2), pp. 160-184, 2009 Read the PDF · Repository record · Publisher Keywords: Economic integration, South East Asia, Stock markets This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when
- [Managing foreign exchange risk: Malaysian experience with respect to the 1997 financial crisis](https://ahamedkameel.com/papers/managing-foreign-exchange-risk-malaysian-experience-with-respect-to-the-1997-financial-crisis/): Book chapter. Real money: Money and Payment systems from an Islamic perspective, pp. 389-420, 2009 Repository record Keywords: financial crisis, foreign exchange risk This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Islamic pricing benchmarking](https://ahamedkameel.com/papers/islamic-pricing-benchmarking/): Research report. ISRA RESEARCH PAPER, (17), 2010 Repository record Keywords: Islamic financial system, benchmarking, pricing This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Panel data analysis of Malaysian listed banks on corporate gevernance and risk](https://ahamedkameel.com/papers/panel-data-analysis-of-malaysian-listed-banks-on-corporate-gevernance-and-risk/): Conference paper. The 2nd International Conference on Business and Economy-Constantza, pp. 1-19, 2010 Repository record · Publisher Keywords: corporate, governance, risk, bank, Malaysia This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [The impact of corporate governance on the voluntary accounting information disclosure in Malaysian listed banks](https://ahamedkameel.com/papers/the-impact-of-corporate-governance-on-the-voluntary-accounting-information-disclosure-in-malaysian-listed-banks/): Conference paper. Global Economics, Finance and Management Conference, 2011 Repository record Keywords: voluntary financial accounting reporting, bank, corporate governance, GLS, generalized least square, panel data, agency theory, Malaysia This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page
- [Efficient trade matrix and gold reserve requirement for commodity trade among OIC countries](https://ahamedkameel.com/papers/efficient-trade-matrix-and-gold-reserve-requirement-for-commodity-trade-among-oic-countries/): Journal article. Middle East Journal of Scientific Research (MEJSR), 12(4), pp. 547-559, 2012 Repository record · Publisher This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Impact of corporate governance on social and environmental information disclosure of Malaysian listed banks: panel data analysis](https://ahamedkameel.com/papers/impact-of-corporate-governance-on-social-and-environmental-information-disclosure-of-malaysian-listed-banks-panel-data-analysis/): Journal article. Asian Journal of Finance & Accounting, 4(1), pp. 1-24, 2012 Repository record · Publisher Also published as Conference paper. IIUM International Accounting Conference V (INTAC V), pp. 1-17, 2011 Record Keywords: social and environmental reporting, bank, corporate governance, generalized least square, panel data, agency theory, Malaysia This entry lists the publication and its
- [Critical analysis of the viability of Islamic banking system in Nigeria (a case study of Lagos state)](https://ahamedkameel.com/papers/critical-analysis-of-the-viability-of-islamic-banking-system-in-nigeria-a-case-study-of-lagos-state/): Research report. s.n, 2012 Repository record This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [The role of institutional trust in the adoption of gold dinar in Kelantan: an empirical analysis](https://ahamedkameel.com/papers/the-role-of-institutional-trust-in-the-adoption-of-gold-dinar-in-kelantan-an-empirical-analysis/): Journal article. Journal of Applied Sciences, 12(20), pp. 2148-2155, 2012 Repository record · Publisher Also published as Journal article. Journal of Applied Sciences, 12(20), pp. 2148-2155, 2012 Record Keywords: gold dinar, trusts, social influence, perceived behavioural control, attitudes, adoption, fiat money This entry lists the publication and its abstract. The full text is held by
- [The Institute of Islamic Banking and Finance](https://ahamedkameel.com/papers/the-institute-of-islamic-banking-and-finance/): Book chapter. IIUM: The Premier Global Islamic University, pp. 277-289, 2013 Repository record Keywords: Islamic values, ethics, IIUM, integrated economics This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Relationship between macroeconomic variables and net asset value (NAV) of Islamic equity unit trust funds: cointegration evidence from Malaysian unit trust industry](https://ahamedkameel.com/papers/relationship-between-macroeconomic-variables-and-net-asset-value-nav-of-islamic-equity-unit-trust-funds-cointegration-evidence-from-malaysian-unit-trust-industry/): Journal article. Global Journal of Business and Social Science Review, 1 – 16 (2013)((3) 5), pp. 5-16, 2013 Repository record · Publisher Keywords: Islamic Equity Unit Trust Funds, Macroeconomic Variables, Malaysia This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will
- [Let’s move to “Universal Corporate Governance Theory”](https://ahamedkameel.com/papers/lets-move-to-universal-corporate-governance-theory/): Journal article. Middle-East Journal of Scientific Research, 15(7), pp. 1047-1053, 2013 Repository record · Publisher Also published as Journal article. Middle-East Journal of Scientific Research, 15(7), pp. 1047-1053, 2013 Record Conference paper. 1st ASEAN International Conference on Islamic Finance (1st AICIF), pp. 50, 2013 Record Keywords: Corporate Governance Universal Theory Agency Theory Ethics and Religion
- [Corporate governance theories from unconventional perspective](https://ahamedkameel.com/papers/corporate-governance-theories-from-unconventional-perspective/): Conference paper. Third Asia-Pacific Business Research Conference, 2013 Read the PDF · Repository record This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Micro-economic determinants of NAV of Islamic equity unit trust funds in Malaysia: an ARDL-Bounds testing approach](https://ahamedkameel.com/papers/micro-economic-determinants-of-nav-of-islamic-equity-unit-trust-funds-in-malaysia-an-ardl-bounds-testing-approach/): Journal article. Journal of Management Research, 7(2), pp. 574-594, 2015 Repository record · Publisher Keywords: Microeconomic Factors, NAV, Equity Unit Trust Fund, Malaysia This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Causal relationship between macro-economic indicators and funds unit prices behavior: evidence from Malaysian Islamic equity unit trust funds industry](https://ahamedkameel.com/papers/causal-relationship-between-macro-economic-indicators-and-funds-unit-prices-behavior-evidence-from-malaysian-islamic-equity-unit-trust-funds-industry/): Journal article. International Journal of Social Education, Economics and Management Engineering, 9(1), pp. 192-200, 2015 Repository record · Publisher Keywords: Fund unit price, unit trust industry, Malaysia, macroeconomic variables, causality. This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace
- [Acceptance of gold as an alternative currency: an empirical validation of adoption of innovation theory](https://ahamedkameel.com/papers/acceptance-of-gold-as-an-alternative-currency-an-empirical-validation-of-adoption-of-innovation-theory/): Journal article. Asian Journal of Business and Accounting, 8(2), pp. 123-153, 2015 Read the PDF · Repository record · Publisher Keywords: Adoption Model, Alternative Currency, Gold Dinar, Kelantan, Structural Equation Modeling This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will
- [Combining local and global markets in asset pricing in emerging markets: evidence from three BRICS nations](https://ahamedkameel.com/papers/combining-local-and-global-markets-in-asset-pricing-in-emerging-markets-evidence-from-three-brics-nations/): Journal article. The Journal of Developing Areas, 49(3), pp. 365-378, 2015 Repository record · Publisher Keywords: asset pricing, combining local and global markets, emerging markets, BRICS This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the
- [Testing the financial distress prediction model for sukuk-issuing companies in Malaysia](https://ahamedkameel.com/papers/testing-the-financial-distress-prediction-model-for-sukuk-issuing-companies-in-malaysia/): Book chapter. Handbook of empirical research on Islam and economic life, pp. 687-705, 2017 Repository record · Publisher Keywords: Financial distress Model, Sukuk, Islamic bonds, Malaysia This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the
- [Fiat money: From the current Islamic finance scholars’ perspective](https://ahamedkameel.com/papers/fiat-money-from-the-current-islamic-finance-scholars-perspective/): Journal article. Humanomics, 33(3), pp. 274-299, 2017 Repository record · Publisher Keywords: Islamic finance, Shariah scholars, fiat money, fractional-reserve banking (FRB), system This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace this page when the source is processed.
- [Gold netting to strengthen financial system stability](https://ahamedkameel.com/papers/gold-netting-to-strengthen-financial-system-stability/): Journal article. Journal of Islamic Monetary and Finance (JIMF), 3(1), pp. 1-24, 2017 Repository record · Publisher Keywords: Global crisis, Payment system, Gold, Netting, Muqassah, Liquidity, Sustainability, Financial system stability This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a transcription will replace
- [Identifying the optimal level of gold as a reserve asset using Black-Litterman model: the case for Malaysia, Turkey, KSA and Pakistan](https://ahamedkameel.com/papers/identifying-the-optimal-level-of-gold-as-a-reserve-asset-using-black-litterman-model-the-case-for-malaysia-turkey-ksa-and-pakistan/): Journal article. International Journal of Islamic and Middle Eastern Finance and Management, 11(3), pp. 334-356, 2018 Read the PDF · Repository record · Publisher Keywords: portfolio optimization, gold, Central Bank reserves, Financial Crisis This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a
- [Issues and challenges in contemporary affordable public housing schemes in Malaysia: Developing an alternative model](https://ahamedkameel.com/papers/issues-and-challenges-in-contemporary-affordable-public-housing-schemes-in-malaysia-developing-an-alternative-model/): Journal article. International Journal of Housing Markets and Analysis, 12(6), pp. 1004-1027, 2019 Repository record · Publisher Keywords: Public housing, Housing affordability, Shariah compliant, Low cost housing and Islamic Public-Private Housing Model (IPHCM) This entry lists the publication and its abstract. The full text is held by the IIUM Repository at the link above; a
- [Making Housing Affordable Through Solar Energy: A Proposal for Malaysia](https://ahamedkameel.com/papers/making-housing-affordable-through-solar-energy-a-proposal-for-malaysia/): Globally, housing affordability is becoming an increasing concern, particularly to the low and middle-income group. Housing prices have been steadily growing over the years, thereby make it even more burdensome, particularly for fresh graduates and low-income earners (B40), to own a home. The…
- [Seigniorage of fiat money and the Maqasid al-Shari’ah](https://ahamedkameel.com/papers/seigniorage-of-fiat-money-and-the-maqasid-al-shariah/): Having argued in the part I paper that the interest-based fiat monetary system is not compatible with the objectives of the Islamic law or the Shariah, this paper seeks to argue why commodity moneys, like the gold dinar and silver dirham, are compatible with the maqasid.

## Books

- [Real Money](https://ahamedkameel.com/books/real-money/): A collection edited by Ahamed Kameel Mydin Meera making the case for money tied to real value, and for payment systems built on Islamic principles. A collection edited by Ahamed Kameel Mydin Meera that looks at money and payment systems from an Islamic perspective. The title states its argument: money should be real, tied to
- [The Story of Sukus and Tukus](https://ahamedkameel.com/books/the-story-of-sukus-and-tukus/): A cartoon story about two peaceful island societies thrown into turmoil when strangers arrive with a printing machine and paper money. The first book in Ahamed Kameel Mydin Meera’s Man and Money cartoon series, which explains monetary ideas through illustrated stories. The Sukus and Tukus live peacefully on faraway islands until two strangers, Gago and
- [The Theft of Nations](https://ahamedkameel.com/books/the-theft-of-nations/): On seigniorage and the transfer of wealth that the fiat monetary system makes possible. This book highlights the fallacies within the present global monetary system, in particular the interest-based fiat money system. It argues why the present system causes numerous socio-economic, political and environmental problems simply by the mere design of the system; and therefore
- [The Islamic Gold Dinar](https://ahamedkameel.com/books/the-islamic-gold-dinar/): The case for a gold-based currency as an alternative to fiat money, from one of Islamic finance's most cited voices. In this influential book, Ahamed Kameel Mydin Meera makes the case for the gold dinar, a gold-based currency, as an alternative to fiat money. He argues that paper money detached from real assets fuels inflation,

## Categories

- [Uncategorized](https://ahamedkameel.com/category/uncategorized/)

## Topics

- [Interest](https://ahamedkameel.com/topic/interest/)
- [Economics](https://ahamedkameel.com/topic/economics/)
- [Islam](https://ahamedkameel.com/topic/islam/)
- [Trade Credit](https://ahamedkameel.com/topic/trade-credit/)
- [Medium of Exchange](https://ahamedkameel.com/topic/medium-of-exchange/)
- [Bay al-Dayn](https://ahamedkameel.com/topic/bay-al-dayn/)
- [MSMEs](https://ahamedkameel.com/topic/msmes/)
- [Islamic Finance](https://ahamedkameel.com/topic/islamic-finance/)
- [Credit Clearing](https://ahamedkameel.com/topic/credit-clearing/)
- [Working Capital Management](https://ahamedkameel.com/topic/working-capital-management/)
- [SMEs](https://ahamedkameel.com/topic/smes/)
- [Affordable Housing](https://ahamedkameel.com/topic/affordable-housing/)
- [Solar Homes](https://ahamedkameel.com/topic/solar-homes/)
- [Sustainable Development](https://ahamedkameel.com/topic/sustainable-development/)
- [Fiat Money](https://ahamedkameel.com/topic/fiat-money/)
- [Gold Dinar](https://ahamedkameel.com/topic/gold-dinar/)
- [Monetary System](https://ahamedkameel.com/topic/monetary-system/)
- [Risk Management](https://ahamedkameel.com/topic/risk-management/)
- [Corporate Governance](https://ahamedkameel.com/topic/corporate-governance/)
- [Home Financing](https://ahamedkameel.com/topic/home-financing/)
- [Markets and Risk](https://ahamedkameel.com/topic/markets-and-risk/)
- [Money and Payments](https://ahamedkameel.com/topic/money-and-payments/)