Dawood Ashraf

Islamic Development Bank Institute

Senior Research Economist

P.O. Box. 9201

Jeddah, 21413

Saudi Arabia

SCHOLARLY PAPERS

29

DOWNLOADS
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Top 15,685

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4,567

SSRN CITATIONS
Rank 39,202

SSRN RANKINGS

Top 39,202

in Total Papers Citations

9

CROSSREF CITATIONS

10

Scholarly Papers (29)

1.

Islamic Equity Investments and the COVID-19 Pandemic

Pacific-Basin Finance Journal, 2022. DOI: https://doi.org/10.1016/j.pacfin.2022.101765
Number of pages: 33 Posted: 28 May 2020 Last Revised: 22 Apr 2022
Islamic Development Bank Institute, National University of Sciences and Technology (NUST) and National University of Sciences and Technology (NUST)
Downloads 1,078 (28,929)
Citation 3

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COVID-19, Islamic equity investments, hedging, Down market beta, Logistic smooth transition autoregressive model

2.

Determinants of the Use of Credit Derivatives by Large Us Banks

Number of pages: 26 Posted: 12 Apr 2006
Dawood Ashraf, John A. Goddard and Yener Altunbas
Islamic Development Bank Institute, University of Wales, Swansea and University of Wales, Bangor
Downloads 847 (40,655)
Citation 6

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Banking, Credit derivatives

3.

Performance Evaluation of Islamic Mutual Funds Relative to Conventional Funds: Empirical Evidence from Saudi Arabia

International Journal of Islamic and Middle Eastern Finance and Management, Forthcoming
Number of pages: 25 Posted: 17 Jan 2013
Dawood Ashraf
Islamic Development Bank Institute
Downloads 533 (74,267)
Citation 2

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capital markets, Islamic mutual funds, performance evaluation, market timing ability, stock selection ability

4.

The Impact of Corporate Social Responsibility on Default Risk: Empirical Evidence from US Firms

Business & Economic Review, 9(3), 2017, pp. 36-70
Number of pages: 35 Posted: 22 Nov 2017 Last Revised: 22 Jan 2018
Muhammad Suhail Rizwan, Asfia Obaid and Dawood Ashraf
National University of Sciences and Technology (NUST), National University of Sciences and Technology (NUST) and Islamic Development Bank Institute
Downloads 380 (110,676)

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CSR, Probability-of-Default (PD), Principal Component Analysis (PCA), Beta Regression

5.

Systemic Risk, Islamic Banks and the COVID-19 Pandemic: An Empirical Investigation

Emerging Markets Review, 2022
Number of pages: 39 Posted: 14 Apr 2021 Last Revised: 22 Feb 2022
National University of Sciences and Technology (NUST), National University of Sciences and Technology (NUST) and Islamic Development Bank Institute
Downloads 275 (156,051)
Citation 1

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Systemic Risk, COVID-19, Dual-Banking Systems, Financial Institutions

6.

Russia-Ukraine War and Systemic Risk: Who is Taking the Heat?

Finance Research Letters, 2022
Number of pages: 13 Posted: 20 Apr 2022 Last Revised: 03 Jun 2022
National University of Sciences and Technology (NUST), National University of Sciences and Technology (NUST), National University of Sciences and Technology (NUST) and Islamic Development Bank Institute
Downloads 246 (174,350)

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Systemic risk, Russia-Ukraine war, spillover risk, sanctions

7.

The Role of Ownership and Governance Structure in Raising Capital: An International Study

9th Conference on Financial Markets and Corporate Governance (FMCG) 2018
Number of pages: 55 Posted: 19 Jan 2018 Last Revised: 24 Aug 2018
La Trobe University, Students, La Trobe University - School of Economics and Finance, Islamic Development Bank Institute and La Trobe University - Department of Economics and Finance
Downloads 198 (213,779)
Citation 2

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Security issuance, ownership, governance

8.

The Interlinkage between Social Exclusion and Financial Inclusion: Evidence from Pakistan

Number of pages: 30 Posted: 25 May 2018
Islamic Research and Training Institute (IRTI), Sustainable Development Policy Institute, Policy Solutions Lab and Islamic Development Bank Institute
Downloads 166 (248,818)
Citation 1

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Social Exclusion; Financial Inclusion; Pakistan

9.

Capital and Risk Adjustments Under Risk-Based Capital Regulations and Diversification Loss

3rd International Conference on Islamic Banking and Finance: Risk Management, Regulation and Supervision” Jakarta, Indonesia, 22-24 February 2010
Number of pages: 39 Posted: 26 Dec 2008 Last Revised: 26 Sep 2013
Dawood Ashraf
Islamic Development Bank Institute
Downloads 148 (273,450)
Citation 1

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Capital regulations, Banks, risk management

Does the Application of Smart Beta Strategies Enhance Portfolio Performance? The Case of Islamic Equity Investments

Number of pages: 36 Posted: 28 Jul 2017 Last Revised: 20 Aug 2017
Muhammad Wajid Raza and Dawood Ashraf
Shadeed Benazir Bhutto University, Dir, Pakistan and Islamic Development Bank Institute
Downloads 71 (449,961)

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Shariah Investments, Fundamental Weighted, Equal Weighted, Low Risk Portfolio, Smart Beta

Does the Application of Smart Beta Strategies Enhance Portfolio Performance? The Case of Islamic Equity Investments

Islamic Economic Studies Working Paper No. 2018/1
Number of pages: 36 Posted: 23 May 2018
Muhammad Wajid Raza and Dawood Ashraf
Shadeed Benazir Bhutto University, Dir, Pakistan and Islamic Development Bank Institute
Downloads 43 (574,950)
Citation 1

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Portfolio construction methods; capital markets; Shari’ah investments; Smart beta

11.

Genesis of Differential Performance between Shari'Ah Compliant Equity Indices and Conventional Indices

20th Annual Conference of the Multinational Finance Society June 30 - July 3, 2013, Izmir, Turkey
Number of pages: 29 Posted: 24 Sep 2013
Dawood Ashraf
Islamic Development Bank Institute
Downloads 93 (380,104)

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Shari'ah screening criteria, Islamic equity investment, Multi-equation regression model, Equity indices, performance measurement

12.

Macro-Financial Regimes and the Performance of Dynamic Shariah-Compliant Equity Portfolios

Number of pages: 31 Posted: 22 Aug 2018
Kris Boudt, Muhammad Wajid Raza and Dawood Ashraf
Ghent University, Shadeed Benazir Bhutto University, Dir, Pakistan and Islamic Development Bank Institute
Downloads 73 (437,870)
Citation 2

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Shariah-Compliant Investing, Market Capitalization, Fundamental Weighting, Equal Weighting, Low-Risk Weighting

13.

The Effect of Market Regimes on the Performance of Market Capitalization-Weighted and Smart Beta Shariah-Compliant Equity Portfolios

Number of pages: 26 Posted: 11 Mar 2019
Shadeed Benazir Bhutto University, Dir, Pakistan, Prince Mohammad Bin Fahd University and Islamic Development Bank Institute
Downloads 71 (444,483)
Citation 2

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Islamic Equity Investments; Smart Beta Strategies; Market Regimes

14.

Implications of Profit Sharing Investment Accounts on the Capital Structure of Islamic Bank: A Comparative Study

Number of pages: 19 Posted: 21 Aug 2017
Johaina Khalid and Dawood Ashraf
National University of Sciences and Technology (NUST) Business School, Students and Islamic Development Bank Institute
Downloads 67 (458,218)

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15.

Derivatives in the Wake of Disintermediation: A Simultaneous Equations Model of Commercial and Industrial Lending and the Use of Derivatives by US Banks

Int. J. of Banking, Accounting and Finance, 2012, Vol. 4, No. 3, pp. 250-271, DOI: 10.1504/IJBAAF.2012.051618
Number of pages: 22 Posted: 31 Jan 2013 Last Revised: 12 Jul 2013
Dawood Ashraf and John A. Goddard
Islamic Development Bank Institute and University of Wales, Swansea
Downloads 59 (487,942)

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banking industry, disintermediation, financial innovation, derivatives, loan growth

16.

The Role of Ownership and Governance Mechanism in Sukuk Financing by Malaysian Firms: An Application of A Double Selection Model

Number of pages: 45 Posted: 10 Oct 2018
Islamic Development Bank Institute, National University of Sciences and Technology (NUST), Lahore University of Management Sciences (LUMS) and Islamic Research and Training Institute (IRTI)
Downloads 48 (534,401)

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Sukuk Financing, Ownership Structure, Governance Mechanisms, Double Selection Models.

17.

The Role of Ownership and Capital Structure on Compliance: The Case of Regulatory Changes for Shariah Screening Methodology

Number of pages: 16 Posted: 22 Apr 2020
Muhammad Wajid Raza and Dawood Ashraf
Shadeed Benazir Bhutto University, Dir, Pakistan and Islamic Development Bank Institute
Downloads 42 (563,299)
Citation 1

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Shariah-compliant firms, financial performance, corporate governance, capital structure, ownership structure

18.

Is Goodwill Capitalisation Value Relevant? Some UK Evidence

Accounting, Accountability & Performance, 2013
Number of pages: 22 Posted: 24 Aug 2017
Maqsood Qureshi and Dawood Ashraf
Gulf University for Science and Technology (GUST) and Islamic Development Bank Institute
Downloads 41 (568,385)

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value relevance, goodwill, R&D, advertising, market value

19.

Effects of Economic Policy Uncertainty on Decisions to Raise Capital

Number of pages: 53 Posted: 14 Jul 2020
Dawood Ashraf, Mohsin Khawaja and Ishaq Bhatti
Islamic Development Bank Institute, La Trobe University, Students and La Trobe University - School of Economics and Finance
Downloads 40 (573,544)

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economic policy uncertainty, ownership structure, capital issuance, equity, debt, corporate governance, simultaneous equation model

20.

Are Islamic Banks Any Different in Financial Stability? An Empirical Investigation

Number of pages: 36 Posted: 24 Aug 2017
Dawood Ashraf, Mohamed Ramady and Khaled Albinali
Islamic Development Bank Institute, King Fahd University of Petroleum & Minerals (KFUPM) and King Fahd University of Petroleum & Minerals (KFUPM)
Downloads 27 (650,727)

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Emerging markets, GCC, banks, financial stability, ownership structure, income diversification

21.

What Affects the Current Account: The Role of the Government Primary Balance and Productivity Shocks?

Number of pages: 24 Posted: 08 Jan 2019
Huma Ashar and Dawood Ashraf
Applied Economics Research Centre, University of Karachi and Islamic Development Bank Institute
Downloads 21 (695,425)

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current account deficit, budget balance, productivity shocks

22.

Systemic Risk and Macroeconomic Forecasting: A Globally Applicable Copula-Based Approach

Ahmad, G., Rizwan, M. S., & Ashraf, D. (2021). Systemic Risk and Macroeconomic Forecasting: A Globally Applicable Copula‐based Approach. Journal of Forecasting. https://onlinelibrary.wiley.com/doi/10.1002/for.2774
Posted: 04 May 2021
National University of Sciences and Technology (NUST), National University of Sciences and Technology (NUST) and Islamic Development Bank Institute

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Copula-based estimation, macroeconomic forecasting, quantile regression, systemic risk

23.

Net Stable Funding Requirement under Basel III: Loan Portfolio Growth Matters

L'Huillier, B., Rizwan, M. S., & Ashraf, D. (2018). Net stable funding requirement under Basel III: Loan portfolio growth matters. Asia‐Pacific Journal of Financial Studies, 47(4), 477-500. https://onlinelibrary.wiley.com/doi/abs/10.1111/ajfs.12221
Posted: 04 May 2021
Prince Mohammad Bin Fahd University, National University of Sciences and Technology (NUST) and Islamic Development Bank Institute

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Basel III, Net stable funding ratio, Financial stability, Simultaneous equation model

24.

Does a One-Size-Fits-All Approach to Financial Regulations Alleviate Default Risk? The Case of Dual Banking Systems

Rizwan, M. S., Moinuddin, M., L’Huillier, B., & Ashraf, D. (2018). Does a one-size-fits-all approach to financial regulations alleviate default risk? The case of dual banking systems. Journal of Regulatory Economics, 53(1), 37-74. https://link.springer.com/article/10.1007/s11149-017-9340-z
Posted: 04 May 2021
National University of Sciences and Technology (NUST), King AbdulAziz University, Prince Mohammad Bin Fahd University and Islamic Development Bank Institute

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Financial regulations, Default risk, Dual banking systems, Regulatory framework, Islamic banking

25.

Systemic Risk: The Impact of COVID-19

Rizwan, M. S., Ahmad, G., & Ashraf, D. (2020). Systemic Risk: The Impact of COVID-19. Finance Research Letters, DOI: 10.1016/j.frl.2020.101682
Posted: 02 Jun 2020 Last Revised: 22 Sep 2021
National University of Sciences and Technology (NUST), National University of Sciences and Technology (NUST) and Islamic Development Bank Institute

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Systemic Risk, COVID-19, CATFIN, Financial Institutions

26.

Societal trust and Sukuk activity

Journal of International Financial Markets, Institutions and Money, Forthcoming
Posted: 13 Jun 2019 Last Revised: 12 Jul 2021
Saqib Aziz, Dawood Ashraf and Rwan El-Khatib
Rennes School of Business, Islamic Development Bank Institute and Zayed University - College of Business

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Trust, Sukuk, Islamic Finance, Culture

27.

A Net Stable Funding Ratio for Islamic Banks and its Impact on Financial Stability: An International Investigation

Journal of Financial Stability, Vol. 25, 2016
Posted: 01 Aug 2016 Last Revised: 22 Jan 2018
Islamic Development Bank Institute, National University of Sciences and Technology (NUST) and Prince Mohammad Bin Fahd University

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28.

Does Shari’Ah Screening Cause Abnormal Returns? Empirical Evidence from Islamic Equity Indices

Journal of Business Ethics, Forthcoming
Posted: 30 Oct 2014
Dawood Ashraf
Islamic Development Bank Institute

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Islamic investments, Equity indices, Shari’ah screening criteria, Performance measurement

29.

Who Transfers Credit Risk? Determinants of the Use of Credit Derivatives by Large US Banks

The European Journal of Finance, Vol. 13(5), pages 483-500: DOI:10.1080/13518470601137840
Posted: 04 Oct 2013
Dawood Ashraf, Yener Altunbas and John A. Goddard
Islamic Development Bank Institute, University of Wales, Bangor and University of Wales, Swansea

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Banking, financial innovation, credit derivatives