Faizal Ahmad Manjoo's scientific contributions

Publications (4)

Article
Full-text available
This paper applies an Islamic economic perspective to a major conundrum besetting the Islamic world, namely, how to provide financial support to expanding ageing Muslim populations. The paper employs a qualitative method involving descriptive and analytical methods whereby primary and secondary data are analyzed to inductively form a formula for an...
Article
This paper argues that there has been a historical evolution in the concept of shares and that shares no more represents a pro rata ownership in the assets of listed companies as reflected in most fatawa. The legal position in the UK is that shares represent an entitlement to a bundle of rights. Thus, there has been a shift from ownership towards s...
Article
Securitisation is a concept that originated in the US in the 1970s. Within a few decades, it gained acceptance as a very important financial product within the conventional banking sector. Its advantages definitely overshadow its disadvantages; as a result it is an important financial instrument for government, banks and commercial firms. Its speci...

Citations

... In essence financial assets, financial liabilities, and equity instruments are technically mere paper or electronic documents. For example, buying shares would create a financial asset which technically is a bundle of rights (Manjoo, 2005), including the right to claim dividend by virtue of one's equity in the balance sheet of the company. The company receives money as asset and the shareholder receives equity in the company. ...