Takaful is a contract whereby the participants commit to contribute an amount on regular basis or in one lump sum in a specified fund to mutually guarantee each other and appoint a body to act as the fund manager. In this contract, Takaful participants have the opportunity to mitigate the possible financial risk that their families might encounter

This study examined the interaction with the Qur’an and self-regulated learning (SRL) as predictors of academic achievement of undergraduate students in Malaysia. A total of 416Islamic Revealed Knowledge and Human Sciences undergraduate students from the International Islamic University Malaysia (IIUM) participated in this study. A questionnaire

There have been many definitions to religious pluralism and religious plurality topped them. In many instances the two terms have been regarded as synonymous and used inter-changeably. This paperwork tries to provide an objective comparison between the two terms grounded on textual and contextual evidences. In depth interviews with several religiou

The study aims to investigate the determinants of working capital management (WCM) on a sample of 57 Malaysian firms in three different scenarios of 2008 global financial crisis, before (2002-2006), during (2007-2008) and after the global financial crisis (2009-2012). Six explanatory variables commonly cited were employed to identify variations in

Despite its accelerating use in the financial market, embedded options receive contradicting opinions with regards to its permissibility based on the Shariah principles. This study will examine the existence of gharar element in the pricing of an embedded options (warrants), especially in the case of mispricing. The Black Scholes Option Pricing Mod

Motivated by the recent outstanding growth of Islamic Capital Market (ICM) in Malaysia, this study aims to investigate the debt financing behaviour of Shariah compliant E50 SMEs in Malaysia covering the existence of target debt, speed of adjustment and factors affecting the adjustment speed to target debt from 2009 to 2013. The Shariah Advisory Cou

This study aims to examine the volatility of Malaysian Crude Palm Oil (CPO) market for it has important implication to both business communities and policy makers. This study adopted the GARCH (1,1) model and the result of the finding exhibited persistent volatility as well as volatility clustering in Malaysian CPO market. The persistent volatility

This study models the debt financing behaviour of SMEs (Enterprise 50) in Malaysia to determine the existence of target debt, speed of adjustment and rational financing by utilizing panel data from 2009-2013. The estimated debt financing model revealed certain factors such as profitability, tangibility,business risk, growth, size, liquidity and sha

The House Buyer Association (HBA), representing house buyers in Malaysia believe that purchasing and ultimately owning a house is everyone’s biggest dream and brings a sense of accomplishment and pride to one’s life. However, it is not uncommon that house buyers encounter problems in the process of owning a house, where their dream house projec

Motivated by the recent outstanding growth of Islamic Capital Market (ICM) in Malaysia, this study aims to investigate the debt financing behaviour of Shariah compliant E50 Medium Enterprises (MEs) in Malaysia covering the existence of target debt and the speed of adjustment to target debt from 2009 to 2013. The dynamic model employed and estimated