Volume 1, Issue 1, Year 2025
Financial Development and FDI as Determinants of Renewable Energy Consumption: Empirical Evidence from India
Article type: Original Article
Author: Namita Kapoor
DOI: https://doi.org/10.64006/jcef/1101
Page: 1-12
Foreign direct investment (FDI) plays a pivotal role in the economic development of emerging economies by promoting clean energy transitions, technology transfer, and energy efficiency. This study investigates the impact of FDI and financial development on renewable energy consumption in India using...
Appraising Efficiency of Conventional and Islamic Microfinance Institutions in India using Data Envelopment Analysis
Article type: Original Article
Author: M.K. Ummer Farooque, Prashant Ranjan
DOI: https://doi.org/10.64006/jcef/1102
Page: 13-24
Purpose- The purpose of the present work is to find out the efficiency of Islamic microfinance institution compared to the conventional microfinance institution in Kerala, India. Design/methodology/approach- The study used primary data which are collected using the convenience sampling method. Thus,...
Market Behaviour in Times of Crisis: Comparing Islamic and Conventional Indices during COVID-191
Article type: Original Article
Author: Sumbul, Ziya Batul Rizvi
DOI: https://doi.org/10.64006/jcef/1103
Page: 25-37
The main objective of this study is to analyse the impact of COVID-19 before and after on the conventional and Islamic Index and the volatility of S&P CNX500 Sharia with the Nifty 50. For this purpose, we cover the time duration before and after the COVID-19 pandemic. The researcher chose the br...
Investigating the Correlation between ESG Scores and Credit Ratings Using Spearman's Rank Correlation
Article type: Original Article
Author: Arnik Gala, Damini Malhotra, Neelabh Bhardwaj, Sandeepan Santra, Varna M, Anand Jaiswal
DOI: https://doi.org/10.64006/jcef/1104
Page: 38-50
This study investigates the relationship between Environmental, Social, and Governance (ESG) ratings and credit ratings to determine whether higher ESG scores correlate with better credit ratings. Credit ratings, which measure a company's ability to meet its financial obligations, play a critical ro...
Inflation Dynamics in India: Unraveling the Role of Fiscal Deficit, Industrial Production, and Oil Prices
Article type: Original Article
Author: Somi Waseem Zaidi, Rahul Dhanda, Syed Mahey Alam, Obaidul Ola
DOI: https://doi.org/10.64006/jcef/1105
Page: 52-60
This study examines the determinants of consumer inflation in India using monthly data from January 2013 to March 2025. Focusing on key macroeconomic drivers, namely fiscal deficit (FD), industrial production (IIP), and crude oil prices (OIL), the analysis employs Johansen Cointegration and Granger...