Details about Mehmet Asutay

Access statistics for papers by Mehmet Asutay.

Last updated 2026-01-14. Update your information in the RePEc Author Service.

Short-id: pas286

Working Papers

2019

1. Shariah governance and Shariah compliance performance
   Post-Print, HAL
2. Shariah governance quality and Shariah compliance performance
   Post-Print, HAL

2018

3. Green Sukuk, Energy Poverty, and Climate Change: A Roadmap for Sub-Saharan Africa
   Policy Research Working Paper Series, The World Bank View citations (3)

2014

4. Leverage versus volatility: Evidence from the Capital Structure of European Firms
   MPRA Paper, University Library of Munich, Germany
   See also Journal Article Leverage versus volatility: Evidence from the capital structure of European firms, Economic Modelling, Elsevier (2017) View citations (5) (2017)
5. Leverage, Sensitivity to Market Risk and Contagion: A Multi-Country Analysis for Shari’ah(Islamic) Stock Screening
   MPRA Paper, University Library of Munich, Germany
6. Leverage, return, volatility and contagion: Evidence from the portfolio framework
   MPRA Paper, University Library of Munich, Germany

Journal Articles

2025

1. Aligning Sustainable Finance and Fintech to Promote an Integrated Approach to Refugee Finance
   Global Policy, 2025, 16, (S1), 12-24
2. Financialisation of Islamic finance: a Polanyian approach on the hegemony of market logic over Islamic Logic
   New Political Economy, 2025, 30, (2), 267-286
3. Islamic Moral Economy: Bringing Back Substantive Morality to Humanise Islamic Finance
   Global Policy, 2025, 16, (S1), 7-11
4. Overcoming the Invisible Ceiling for the Empowerment of Refugees and Immigrants Through Islamic Finance
   Global Policy, 2025, 16, (S1), 5-6
5. Testing the development impact of islamic banking: Islamic moral economy approach to development
   Economic Systems, 2025, 49, (2)

2024

6. Examining the Impact of Intellectual Capital Performance on Financial Performance in Islamic Banks
   Journal of the Knowledge Economy, 2024, 15, (1), 1231-1263
7. Volatility spillover across spot and futures markets: Evidence from dual financial system
   Research in International Business and Finance, 2024, 71, (C) View citations (4)

2023

8. Religiosity and Charitable Giving on Investors’ Trading Behaviour in the Indonesian Islamic Stock Market: Islamic vs Market Logic
   Journal of Business Ethics, 2023, 188, (2), 327-348 View citations (1)

2022

9. Examining the Performance of Islamic and Conventional Stock Indices: A Comparative Analysis
   Asia-Pacific Financial Markets, 2022, 29, (2), 327-355
10. Financial inclusion and economic well-being: Evidence from Islamic Pawnbroking (Ar-Rahn) in Malaysia
    Research in International Business and Finance, 2022, 59, (C) View citations (7)
11. Intellectual capital disclosure and financial performance nexus in Islamic and conventional banks in the GCC countries
    International Journal of Islamic and Middle Eastern Finance and Management, 2022, 15, (5), 943-966
12. The Impact of Islamic Spirituality on Job Satisfaction and Organisational Commitment: Exploring Mediation and Moderation Impact
    Journal of Business Ethics, 2022, 181, (4), 913-932 View citations (4)
13. The impact of intellectual capital formation and knowledge economy on banking performance: a case study of GCC’s conventional and Islamic banks
    Journal of Financial Reporting and Accounting, 2022, 21, (5), 1149-1170

2021

14. Constituting an Islamic social welfare function: an exploration through Islamic moral economy
    International Journal of Islamic and Middle Eastern Finance and Management, 2021, 14, (3), 524-540 View citations (1)
15. Higher Ethical Objective (Maqasid al-Shari’ah) Augmented Framework for Islamic Banks: Assessing Ethical Performance and Exploring Its Determinants
    Journal of Business Ethics, 2021, 170, (4), 797-834 View citations (9)
16. Political economy of Islamic banking growth: Does political regime and institutions, governance and political risks matter?
    International Journal of Finance & Economics, 2021, 26, (3), 4226-4261 View citations (2)

2020

17. Alternative measures for predicting financial distress in the case of Malaysian Islamic banks: assessing the impact of global financial crisis
    Journal of Islamic Accounting and Business Research, 2020, 11, (10), 1827-1845
18. Do government expenditures and institutions drive growth? Evidence from developed and developing economies
    Studies in Economics and Finance, 2020, 38, (2), 400-440
19. Liquidity risk exposure and its determinants in the banking sector: A comparative analysis between Islamic, conventional and hybrid banks
    Journal of International Financial Markets, Institutions and Money, 2020, 66, (C) View citations (10)
20. Risk management and corporate governance failures in Islamic banks: a case study
    Journal of Islamic Accounting and Business Research, 2020, 11, (10), 1921-1939 View citations (2)
21. The effects of regulation and supervision on the risk-taking behaviour of Islamic banks
    Journal of Islamic Accounting and Business Research, 2020, 11, (10), 1953-1967 View citations (1)

2019

22. Public and private investment in the hydrocarbon-based rentier economies: A case study for the GCC countries
    Resources Policy, 2019, 62, (C), 165-175 View citations (12)

2018

23. Comparing the determinants of fund flows in domestically managed Malaysian Islamic and conventional equity funds
    Journal of Islamic Accounting and Business Research, 2018, 9, (3), 401-414
24. Does low leverage minimise the impact of financial shocks? New optimisation strategies using Islamic stock screening for European portfolios
    Journal of International Financial Markets, Institutions and Money, 2018, 57, (C), 160-184 View citations (2)
25. Exploring international economic integration through sukuk market connectivity: A network perspective
    Research in International Business and Finance, 2018, 46, (C), 77-94 View citations (3)
26. Integrated early warning prediction model for Islamic banks: the Malaysian case
    Journal of Banking Regulation, 2018, 19, (2), 118-130 View citations (3)
27. The Impact of Corporate Social Responsibility Disclosure on Financial Performance: Evidence from the GCC Islamic Banking Sector
    Journal of Business Ethics, 2018, 151, (2), 451-471 View citations (110)

2017

28. Leverage versus volatility: Evidence from the capital structure of European firms
    Economic Modelling, 2017, 62, (C), 145-160 View citations (5)
    See also Working Paper Leverage versus volatility: Evidence from the Capital Structure of European Firms, MPRA Paper (2014) (2014)
29. Nonperforming loans in the GCC banking sectors: Does the Islamic finance matter?
    Research in International Business and Finance, 2017, 42, (C), 832-854 View citations (14)
30. What explains corporate sukuk primary market spreads?
    Research in International Business and Finance, 2017, 40, (C), 141-149 View citations (6)

2016

31. Motivations of Inter Vivos Transfers Among Malaysian Muslims
    Acta Universitatis Danubius. OEconomica, 2016, (12(3)), 149-162
32. Shari’ah screening, market risk and contagion: A multi-country analysis
    Journal of Economic Behavior & Organization, 2016, 132, (S), 93-112 View citations (7)

2009

33. DIVERGENCE BETWEEN ASPIRATIONS AND REALITIES OF ISLAMIC ECONOMICS: A POLITICAL ECONOMY APPROACH TO BRIDGING THE DIVIDE
    IIUM Journal of Economics and Management, 2009, 17, (1), 73-96 View citations (11)

2008

34. Price behaviour, vintage capital and Islamic economy
    International Journal of Islamic and Middle Eastern Finance and Management, 2008, 1, (1), 52-68

2007

35. CONCEPTUALISATION OF THE SECOND BEST SOLUTION IN OVERCOMING THE SOCIAL FAILURE OF ISLAMIC BANKING AND FINANCE: EXAMINING THE OVERPOWERING OF HOMOISLAMICUS BY HOMOECONOMICUS
    IIUM Journal of Economics and Management, 2007, 15, (2), 167-176 View citations (34)
36. THEORY OF THE FIRM, MANAGEMENT AND STAKEHOLDERS: AN ISLAMIC PERSPECTIVE
    Islamic Economic Studies, 2007, 15-1, 1-30 View citations (3)

Chapters

2023

1. Islamic Accounting Applications of Islamic Finance
   Chapter 1 in Islamic Accounting and Finance A Handbook, 2023, pp 3-41 View citations (1)
2. The Impact of Islamic Worldview on Shaping the Accounting System: An Islamic Moral Economy and Historical Exploration in Rationalizing Islamic Accounting
   Chapter 2 in Islamic Accounting and Finance A Handbook, 2023, pp 43-97

2021

3. Combining Islamic Equity Portfolios and Digital Currencies: Evidence from Portfolio Diversification
   Springer

2017

4. The economic and political determinants of depth and strength in sukuk markets
   Chapter 30 in Handbook of Empirical Research on Islam and Economic Life, 2017, pp 706-730

2013

5. Islamic moral economy as the foundation of Islamic finance
   Chapter 4 in Islamic Finance in Europe, 2013, pp 55-68 View citations (9)
6. The development of Islamic banking in Turkey: regulation, performance and political economy
   Chapter 15 in Islamic Finance in Europe, 2013, pp 213-227 View citations (1)

Editor

1. Palgrave Studies in Islamic Banking, Finance and Economics
   Palgrave Macmillan