Prospects Analysis of an Islamic Capital Market in Bangladesh

AFarukABhuiyan; Abdul Masum

Prospects Analysis of an Islamic Capital Market in Bangladesh

Abdul Kadar Muhammad Masum §

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AFarukABhuiyan §

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§ International Islamic University Chittagong

Prospects Analysis of an Islamic Capital Market in Bangladesh

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Abstract

Dominant growth of Islamic financial system has ushered in a new era of alternative world economic approach- Islamic Financial System (IFS). It is a well-established fact that Interest (Riba) has negative comportment for an efficient capital market. Greedy intent of making quick buck increases the riskiness of the market. This study ventures deep into full potential of an Islamic Capital Market (ICM) for the flow of funds in Bangladesh. Both the international and domestic challenges are decelerating the opportunities. But, continuous upsurge of Islamic investors and stable market confidence for such market might overcome the snags. The present paper investigates the functioning of Islamic securities and examines the possibilities of their development within the existing regulations and economic determinants in Islamic countries for example Bangladesh.

References

13 Cites in Article

Reference Format

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

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How to Cite This Article

Abdul Kadar Muhammad Masum, AFarukABhuiyan. 2013. "Prospects Analysis of an Islamic Capital Market in Bangladesh". Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 13 (GJMBR Volume 13 Issue 17 (C6)).

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GJMBR Volume 13 Issue 17 (C6)

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords

capital market islamic capital market islamic financial system

Classification

GJMBR-C Classification JEL Code: J49

Submission ReceivedDecember 7, 2012
Peer Review Double Blind
Handling Editor
Accepted January 1, 2013
Published May 22, 2013

Version of record

v1.2

Issue date

May 22, 2013

Language

English

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Article Matrices

Total Score: 104

Country: Bangladesh

Subject: Global Journal of Management and Business Research - C: Finance

Authors: Md.AbulAKalamAAzad,AMohammadARokibulAKabir,AFarukABhuiyan,AAbdulAKadarAMuhammadAMasum (PhD/Dr. count: 0)

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Total Views (Real + Logic): 1893

Total Downloads (simulated): 153

Publish Date: 2013 05, Wed

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Total Views: 1.9K

Total Downloads: 153

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