This study investigates whether symmetric and asymmetric volatility effects are persisted in the daily return series of Bitcoin currency compared to the gold and fiat money system using GARCH family models. The symmetric analysis shows that the three monetary systems exhibit time-varying volatility with high persistence and predictability behaviour

In a dual capital market system such as in Malaysia, the possibility for investors to choose either the Islamic funds or the conventional funds is highly likely depending on the performance of the funds. While some investors would adhere to the requirements of the Sharīʿah in making their investment decision, there remains many who are guided pur

As crypto-currencies hold dual nature of a medium of exchange (currency) and an investment asset, some questions may arise about the potentiality of including crypto-currencies as liquid investment asset in financial institutions particularly in the banking sector to enhance their liquidity risk management and improve their portfolio diversificatio

chronic hyperglycemia, from defects in insulin secretion, insulin action, or both. Diabetes is a growing public health concern. Both developed and developing countries are affected by the estimated increase for several decades. The national and international recommendation had been that women of reproductive age should offer diabetes preconception

Research suggests that white noise may facilitate auditory working memory performance via stochastic resonance. Stochastic resonance is quantified by plotting cognitive performance as a function of noise intensity. The plot would appear as an inverted U-curve, that is, a moderate noise is beneficial for performance whereas too low and too much nois

This book analyses the International Islamic University Malaysia described as the “Garden of Knowledge and Virtue” and its multi-dimensional features. The University provides excellent educational facilities for its students and is internationally recognised for providing high-quality learning environments. It contains chapters, contributed by

Digestive enzymes and free radical inhibitors are used to prevent complications resulting from diabetes. Entada spiralis (family Leguminosae), which is a well-known medicinal plant in herbal medicine due to its various traditional and medicinal applications, was studied. Crude extracts were successively obtained from the stem bark using petroleum e

This chapter provides a case study on a Sharī‘ah-compliant house facility contract based on the Bai Bithaman Ājil (BBA) contract, generally used by Islamic banks in Malaysia. The study emphasises on the need to comply with the existing legal framework and execute relevant contracts in line with the Sharī‘ah resolutions of the Sharī‘ah Adv

Complaint handling metrics have become a vital component of modern education system around the world. In highly educated environments such as universities, conflict appears to be inevitable among stakeholders, i.e. students, staff, and the administration. The uncertainty surrounding the appropriate mechanism for dispute resolution within Malaysian

Modern Dispute resolution mechanisms have been positively influenced by the advent of the internet. Through Online Dispute Resolution (ODR), several ADR mechanisms have been adapted to small claims, online and cross-border financial transactions. Existing ODR mechanisms seem to ignore certain underpinnings of Islamic jurisprudence in the developmen