Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar.

In a business context, innovation is of two types: model innovation and process innovation. Model innovation involves developing new instruments and methods (inputs) to achieve new objectives (outputs), which must bring new business and hence improve profitability. Process innovation is, in general,...

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Main Author: Dar, Humayon A.
Format: Article
Language:English
Published: Universiti Teknologi Mara Selangor 2013
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/32769/1/32769.pdf
http://ir.uitm.edu.my/id/eprint/32769/
http://www.jeeir.com/v2/index.php/16-archieve/vol-1-no-3-2013/81-islamic-financial-innovation-tools-and-trends
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spelling my.uitm.ir.327692020-07-23T09:13:49Z http://ir.uitm.edu.my/id/eprint/32769/ Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar. Dar, Humayon A. HJ Public Finance Finance, Islamic In a business context, innovation is of two types: model innovation and process innovation. Model innovation involves developing new instruments and methods (inputs) to achieve new objectives (outputs), which must bring new business and hence improve profitability. Process innovation is, in general, an incremental process that utilises existing instruments and methods in new formats and permutations to achieve desired objectives, goals and outcomes in a more efficient and cost effective way. In a business context, it will still be considered as an innovation if a desired outcome is achieved by utilising the same existing instruments and methods with no increased efficiency or cost effectiveness, as long as the new format and permutation result in increased profits. Universiti Teknologi Mara Selangor 2013-09 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/32769/1/32769.pdf Dar, Humayon A. (2013) Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar. Journal of Emerging Economies and Islamic Research, 1 (3). pp. 1-22. ISSN 2289 – 2559 http://www.jeeir.com/v2/index.php/16-archieve/vol-1-no-3-2013/81-islamic-financial-innovation-tools-and-trends
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic HJ Public Finance
Finance, Islamic
spellingShingle HJ Public Finance
Finance, Islamic
Dar, Humayon A.
Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar.
description In a business context, innovation is of two types: model innovation and process innovation. Model innovation involves developing new instruments and methods (inputs) to achieve new objectives (outputs), which must bring new business and hence improve profitability. Process innovation is, in general, an incremental process that utilises existing instruments and methods in new formats and permutations to achieve desired objectives, goals and outcomes in a more efficient and cost effective way. In a business context, it will still be considered as an innovation if a desired outcome is achieved by utilising the same existing instruments and methods with no increased efficiency or cost effectiveness, as long as the new format and permutation result in increased profits.
format Article
author Dar, Humayon A.
author_facet Dar, Humayon A.
author_sort Dar, Humayon A.
title Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar.
title_short Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar.
title_full Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar.
title_fullStr Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar.
title_full_unstemmed Islamic financial innovation: tools and trends / viewpoints by guest author Humayon A. Dar.
title_sort islamic financial innovation: tools and trends / viewpoints by guest author humayon a. dar.
publisher Universiti Teknologi Mara Selangor
publishDate 2013
url http://ir.uitm.edu.my/id/eprint/32769/1/32769.pdf
http://ir.uitm.edu.my/id/eprint/32769/
http://www.jeeir.com/v2/index.php/16-archieve/vol-1-no-3-2013/81-islamic-financial-innovation-tools-and-trends
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score 13.211869