The Journal of Muamalat and Islamic Finance Research最新文献_第6页

Persepsi Masyarakat Terhadap Pajak Gadai Islam (Ar Rahnu) 公众对伊斯兰留置税的看法(Ar Rahnu)

The Journal of Muamalat and Islamic Finance Research Pub Date : 2020-05-30 DOI: 10.33102/jmifr.v17i1.261

Nur Hidayatul Solehah Osman, Salbiah Nur Shahrul Azmi, Nazimah Hussin, R. Basiruddin, Azman Hashim

引用次数: 2

Aplikasi Al-Wakalah Terhadap Sistem Perniagaan Francais di Malaysia

The Journal of Muamalat and Islamic Finance Research Pub Date : 2020-05-30 DOI: 10.33102/jmifr.v17i1.262

M. E. Husain, Noor Naemah Abdul Rahman, Nor Fahimah Mohd Razif

{"title":"Aplikasi Al-Wakalah Terhadap Sistem Perniagaan Francais di Malaysia","authors":"M. E. Husain, Noor Naemah Abdul Rahman, Nor Fahimah Mohd Razif","doi":"10.33102/jmifr.v17i1.262","DOIUrl":"https://doi.org/10.33102/jmifr.v17i1.262","url":null,"abstract":"Sistem francais merupakan medium utama melibatkan keizinan mendapatkan hak francais daripada pemberi francais kepada penerima francais mengikut Akta Francais 1998 (Pindaan) 2012. Ia didirikan dalam tempoh waktu dibenarkan berdasarkan jenis produk yang dipasarkan. Makanala al-wakalah adalah prinsip dalam muamalat Islam demgan meletakkan kerjasama untuk saling memerlukan di kalangan seluruh pihak yang berkenaan dalam satu majlis perjanjian. Objektif kajian ini meneroka keupayaan tindakan pihak terbabit dalam perniagaan francais di Malaysia berdasarkan kepada ketepatan prinsip al-wakalah. Oleh itu, kajian ini mengaplikasikan metadologi kualitatif untuk mencapai objektif kajian menerusi kaedah perpustakaan berdasarkan bahan rujukan seperti tesis, jurnal dan buku. Selain itu, sesi temubual turut dilakukan bersama pihak berkepentingan dalam perniagaan francais sama ada pengusaha francais dan organisasi sokongan berkaitan. Hasil kajian mendapati prinsip al-wakalah diterapkan dalam menjayakan perniagaan francais terutama kepada aspek pendaftaran, pemasaran produk dan publisiti. Kajian ini mencadangkan prinsip al-wakalah dihayati dengan tekun dalam sistem francais melibatkan perkara yang diharuskan dan ditegah oleh syarak dalam memastikan sistem terbabit dapat berkembang dengan pesat mengikut matlamat yang disasarkan bersama.","PeriodicalId":350106,"journal":{"name":"The Journal of Muamalat and Islamic Finance Research","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126948373","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Estimating Islamic Banks’ Technical and Allocative Inefficiencies: A Shadow Cost Approach 估计伊斯兰银行的技术和配置效率低下:一种影子成本方法

The Journal of Muamalat and Islamic Finance Research Pub Date : 2020-05-29 DOI: 10.33102/jmifr.v17i1.257

Mohamed Nejib Ouertani, Hanen Hamdani, M. Bashir

{"title":"Estimating Islamic Banks’ Technical and Allocative Inefficiencies: A Shadow Cost Approach","authors":"Mohamed Nejib Ouertani, Hanen Hamdani, M. Bashir","doi":"10.33102/jmifr.v17i1.257","DOIUrl":"https://doi.org/10.33102/jmifr.v17i1.257","url":null,"abstract":"The main objective of the present paper is to empirically analyze the efficiency of 26 selected Islamic banks from different countries, namely: Bahrain, Jordan, Kuwait, Malaysia, Pakistan, Qatar, Saudi Arabia and UAE. The data used covers the period of 2012‒2016. To measure the banks’ efficiency, we used the frontier-based efficiency methodology, which was especially developed in the presence of panel data. In this respect, the panel data provided us with a fruitful framework for analyzing the efficiency. Therefore, the method employed was the shadow cost frontier based on the estimation of parametric cost inefficiency and its decomposition into both technical and allocative inefficiencies. The findings showed that the Islamic banks are costinefficient. With regard to the allocative inefficiency, it can be explained by excessive use of capital relative to labor, accompanied by an overuse of financial resources in terms of labor. The present study also revealed that the financial factor is overused, relative to the physical capital. Furthermore, technical inefficiency appears to be the second source of cost inefficiency as far as the Islamic banks are concerned. Overall, the findings indicate that the Islamic banks must improve their use of resources by about 43.7 percent for achieving efficiency.","PeriodicalId":350106,"journal":{"name":"The Journal of Muamalat and Islamic Finance Research","volume":"37 Suppl 7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123663376","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

The Waqf Integrated Financial Instrument of Pension Model in Malaysian Social Security: A Conceptual Proposition 马来西亚社会保障中养老模式的Waqf综合金融工具:一个概念性命题

The Journal of Muamalat and Islamic Finance Research Pub Date : 2020-05-29 DOI: 10.33102/jmifr.v17i1.259

M. Ubaidillah, Mohd Adib Ismail, M. Noor

{"title":"The Waqf Integrated Financial Instrument of Pension Model in Malaysian Social Security: A Conceptual Proposition","authors":"M. Ubaidillah, Mohd Adib Ismail, M. Noor","doi":"10.33102/jmifr.v17i1.259","DOIUrl":"https://doi.org/10.33102/jmifr.v17i1.259","url":null,"abstract":"The ageing population trend is a problem for almost all countries in the world. In Malaysia, the issue is exacerbated by insufficient employee savings to face retirement. The majority of Malaysian employees have savings no more other than mandatory savings of the Employees Provident Fund (EPF) account. On the other hand, waqf has many roles in the country’s economic development as it helps to improve welfare of the community. This paper aims to connect the gap between pension and waqf issues through a new proposed Waqf Based Pension Model. This study uses descriptive analysis to propose a Waqf Based Pension Model. This study employs library research approach to collect secondary data from journal articles, books, reports, and websites that contain existing pension schemes and waqf. This new model improves weaknesses in the existing pension scheme using annuity-based calculations. This study finds that productive waqf assets may be used to generate greater profits. In addition, waqf funds are then allocated to build the infrastructure needed by the community such as health services, education, housing, transportation and religious facilities. The new Waqf Based Pension Model is expected to be supported and applied by the government and the community.","PeriodicalId":350106,"journal":{"name":"The Journal of Muamalat and Islamic Finance Research","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128493433","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 9

Understanding the Motivation to Invest: A Profile Analysis of Islamic Funds’ Investors 理解投资动机:伊斯兰基金投资者概况分析

The Journal of Muamalat and Islamic Finance Research Pub Date : 2019-12-01 DOI: 10.33102/jmifr.v16i2.222

M. Barom

{"title":"Understanding the Motivation to Invest: A Profile Analysis of Islamic Funds’ Investors","authors":"M. Barom","doi":"10.33102/jmifr.v16i2.222","DOIUrl":"https://doi.org/10.33102/jmifr.v16i2.222","url":null,"abstract":"This paper seeks to provide a preliminary profile analysis of investors of Islamic funds based on their underlying motivation to invest, which at present received little interest in the literature. The experience of faith-based and socially responsible investment clearly reveals the heterogeneity of investors with divergent investment motives, and this is highly likely to be true among Islamic funds’ investors as well. For this purpose, the study surveys Investors of Islamic funds from three fund management companies in Malaysia with a total sample of 451 respondents. The profiling employs a cluster analysis of the respondents using religion, percentage invested in Islamic funds, and four potential motivations to invest. The result shows a possible segmentation of the investors into three groups, with Muslim investors being segmented into two categories, ‘committed’ and ‘pragmatic’ investors, while the third category being the ‘non-Muslim’ investors. The clusters represent a clear distinction between the three groups in terms of their commitment to Shariah principles in investment, the importance of earning halal vis-à-vis high returns, and the benefits of diversification between Islamic and conventional funds. The findings provide valuable insights for fund management companies in terms of understanding the different segments of investors and their issues of concerns for better investment services, product innovation and offering, as well as marketing strategies.","PeriodicalId":350106,"journal":{"name":"The Journal of Muamalat and Islamic Finance Research","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115483336","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

In Two Minds of Replacing Life Insurance Policy 替换人寿保险单的两种想法

The Journal of Muamalat and Islamic Finance Research Pub Date : 2019-12-01 DOI: 10.33102/jmifr.v16i2.224

N. Hashim, Zurina Kefeli, N. Ahmad

引用次数: 0

Kaedah Agihan Bahagian Harta Pusaka dalam Kes Al-Haml

The Journal of Muamalat and Islamic Finance Research Pub Date : 2019-06-12 DOI: 10.33102/JMIFR.V16I1.211

M. M. Salleh, Siti Mashitoh Mahamood

引用次数: 3

What Influence Muslims to Make Wills?: Insights into its Determinants 是什么影响了穆斯林立遗嘱?:对其决定因素的洞察

The Journal of Muamalat and Islamic Finance Research Pub Date : 2019-06-01 DOI: 10.33102/JMIFR.V16I1.207

Norazlina Abd. Wahab, Suraiya Hashim, Nurhayati Abd. Ghani

{"title":"What Influence Muslims to Make Wills?: Insights into its Determinants","authors":"Norazlina Abd. Wahab, Suraiya Hashim, Nurhayati Abd. Ghani","doi":"10.33102/JMIFR.V16I1.207","DOIUrl":"https://doi.org/10.33102/JMIFR.V16I1.207","url":null,"abstract":"The aim of this study is to investigate factors that influence the practice of making will among Muslims in Malaysia. In Malaysia, it can be noted that some progress towards enhancing Islamic estate planning has taken place, particularly in the practice of Islamic will. Islamic estate planning industry in Malaysia has grown and now offers a variety kind of products to facilitate Malaysian Muslims to manage and improve their estate planning matters. Nevertheless, the value of unclaimed and frozen assets in this country keeps growing annually. Hence, this study aims to look at the practice of making wills in Malaysia and investigate factors that influence Muslims to do it. Using a quantitative analysis, a total of 338 questionnaires were used to achieve the objective. The method of analysis employed in this study include Independent Sample T-Test, One-Way Analysis of Variance (ANOVA), Pearson and Correlation as well as Multiple Regression. The results of this study indicate that there is a significant difference between gender (male and female), educational levels and monthly income levels towards Islamic will practice. Nevertheless, only ethnicity showed no significant difference towards Islamic will practice. The correlation analysis showed a significant and positive correlation between knowledge, wealth management, institutional factor and religiosity toward Islamic will practice. The results show that knowledge and wealth management are the main variables that influence Muslims towards Islamic will practice. This explains that higher level of knowledge and wealth management among Muslims will lead to a higher practice of Islamic will. These results suggest that the government and Islamic estate planning industry should put a greater emphasis on attracting and educate Muslims to manage and plan their wealth well during their lifetime.","PeriodicalId":350106,"journal":{"name":"The Journal of Muamalat and Islamic Finance Research","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124570202","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 12

Housing Inflation: Policy Guidelines from Shariah Perspective

The Journal of Muamalat and Islamic Finance Research Pub Date : 2019-06-01 DOI: 10.33102/JMIFR.V16I1.209

Azrul Azlan Iskandar Mirza, A. Haris, Ainulashikin Marzuki, Ummi Salwa Ahmad Bustamam, Hamdi Hakeim Mudasir, S. N. M. Daud

引用次数: 0

Application of Ta’widh and Gharamah in Islamic Banking in Malaysia tawidh和Gharamah在马来西亚伊斯兰银行中的应用

The Journal of Muamalat and Islamic Finance Research Pub Date : 2019-06-01 DOI: 10.33102/JMIFR.V16I1.205

Aishath Muneeza, N. Zainudin, Ruqayyah F. Ali, Siti Nadzirah Ibrahim, Zakariya Mustapha

{"title":"Application of Ta’widh and Gharamah in Islamic Banking in Malaysia","authors":"Aishath Muneeza, N. Zainudin, Ruqayyah F. Ali, Siti Nadzirah Ibrahim, Zakariya Mustapha","doi":"10.33102/JMIFR.V16I1.205","DOIUrl":"https://doi.org/10.33102/JMIFR.V16I1.205","url":null,"abstract":"The objective of this paper is to explore the practical application of ta’widh and gharamah in Islamic banking in Malaysia with reference to the guidelines that are applicable to date; and find out the issues detected in the implementation of them. In the course of doing this, Shariah reasons for imposing ta’widh and gharamah in Islamic banking are discussed. Also, whether ta’widh and gharamah would be required for Islamic banking with reference to possible alternatives to them is also discussed. This qualitative study primarily focuses on library research and adopts case study approach for analyzing the application of ta’widh and gharamah. The jurisdiction of the study is Malaysia because the central bank of the country has made policies on the matter. The paper draws on observations made by Shariah scholars about the policies on the subject matter. This study gives an insight into the history and issues related to ta’widh and gharamah which are often kept tacit. It is recommended that future studies should look into the effectiveness of these two approaches to serve as a deterrent factor and contribute to the declining rate of non-performing financing in Islamic banks.","PeriodicalId":350106,"journal":{"name":"The Journal of Muamalat and Islamic Finance Research","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130979633","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 9