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Islamic Finance Highlights

Habibullah, M. S., Din, B. H., Subramaniam, Y., Hamid, B. A., Rahman, M. D. A., & Adzman, A. I. (2026). Does shadow economy widens or narrows the income inequality in Malaysia? Some robust results. International Journal of Economics and Finance Studies, 18(1), 42-69. https://10.34109/ijefs.202618103

"Shadow economy estimation is vital due to its well documented implications for fiscal policy and public service delivery. A larger shadow sector diminishes a government's tax base, undermining its ability to fund infrastructure, public utilities, and income redistribution programs.."

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Featured Database

“AI is often associated with job losses, not workforce expansion. However, PwC says that their findings show that companies do not primarily use AI to automate and make workflows more efficient, but instead to "fuel growth that is in turn spurring expansive hiring and wage increases". PwC says this is in line with other surveys conducted by them in which AI leaders showed strong headcount growth.”

Buchholz, K. (June 16, 2026). Companies More Exposed to AI Grow Headcounts Faster [Digital image]. Retrieved June 19, 2026, from https://www.statista.com/chart/36320/average-headcount-growth-by-global-companies-ai-exposure/

Access Statista to find out more.