New Developments in Islamic Economics最新文献

Application of the Concept of Maslahah in Household Debt Management Maslahah概念在家庭债务管理中的应用

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181002

Nor Aini Binti Ali, W. Ahmad, Suhaili Sarif, N. Kamri, Raihanah Azahari

{"title":"Application of the Concept of Maslahah in Household Debt Management","authors":"Nor Aini Binti Ali, W. Ahmad, Suhaili Sarif, N. Kamri, Raihanah Azahari","doi":"10.1108/978-1-78756-283-720181002","DOIUrl":"https://doi.org/10.1108/978-1-78756-283-720181002","url":null,"abstract":"Abstract \u0000Purpose – This chapter examines the application of the concept of maslahah in household debt management. \u0000 \u0000Methodology/approach – A combination of quantitative and qualitative approaches is employed. Questionnaires were used for data collection. \u0000 \u0000Findings – Malaysian Muslims become indebted for four main purposes: buying their first car, their first home, helping family members, and financing their studies. Thus, Muslims principally borrow funds to fulfil their dharuriyyat (essentials) and hajiyyat (complementary) needs, and in some cases, they borrow for tahsiniyyat (luxury) purposes. \u0000 \u0000Research limitation/implications – The respondents of this research are working Muslims in the Klang Valley, Kuala Lumpur, Malaysia. \u0000 \u0000Practical implication – This study helps Islamic finance institutions to develop better products to offer customers. Its results can also give a real picture about borrowing activities to the Credit Counselling and Debt Management Agency. \u0000 \u0000Originality/value – Prior studies have mainly examined household debt management. This study surveys local Muslims’ household borrowing pattern to understand the nature of personal debt management and then analyses these data against the concept of maslahah. This will enrich the currently available literature.","PeriodicalId":419416,"journal":{"name":"New Developments in Islamic Economics","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115422246","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

Islamic Versus Conventional Banking: Characteristics and Stability Analysis of the Malaysian Banking Sector 伊斯兰银行与传统银行:马来西亚银行业的特点和稳定性分析

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181013

Mohammad Taqiuddin bin Mohamad, Siti Aisyah Hashim

{"title":"Islamic Versus Conventional Banking: Characteristics and Stability Analysis of the Malaysian Banking Sector","authors":"Mohammad Taqiuddin bin Mohamad, Siti Aisyah Hashim","doi":"10.1108/978-1-78756-283-720181013","DOIUrl":"https://doi.org/10.1108/978-1-78756-283-720181013","url":null,"abstract":"Abstract \u0000Purpose – This research analyses the stability of a number of banks operating in Malaysia by using descriptive statistical analysis based on internal variables. These include the characteristics of the bank, capital adequacy ratio, ratio of profitability, liquidity ratio and the ratio of bank operations. \u0000 \u0000Methodology/approach – Each bank’s stability is studied using z-score analysis. Data are sourced from the balance sheets and income statements of the banks from 2000 to 2011. \u0000 \u0000Findings – The results indicate that characteristics of a bank do influence a bank’s performance. There are significant differences in financial ratios between Islamic and conventional banking. Islamic banks provide a lower loan loss of capital to cover impaired loans than conventional banks. This provides high capital based on the mean value obtained. The capital ratio allows both sets of banks to meet the capital adequacy ratio set by the Central Bank of Malaysia. Meanwhile, in profitability ratios, conventional banks have higher returns on higher assets, whereas Islamic Banking has higher returns on higher equity. Only 8 Islamic banks and 11 conventional banks are highly stable banking institutions in Malaysia. \u0000 \u0000Originality/value – Islamic and conventional banking systems in Malaysia need further improvement to deal with unexpected economics crises and increased competition between the two. Hence, Islamic banking must be refined, especially for improving their stability to attract more investments for further development and performance.","PeriodicalId":419416,"journal":{"name":"New Developments in Islamic Economics","volume":"96 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125398596","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: 6

The Application of Bay’ Al-Tawarruq in Islamic Banking Institutions in Malaysia: A Study of Bank Muamalat Malaysia Berhad Bay ' Al-Tawarruq在马来西亚伊斯兰银行机构中的应用——以马来西亚穆阿马拉银行有限公司为例

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181011

Mohd Izuwan Mahyudin, Azizi Che Seman

{"title":"The Application of Bay’ Al-Tawarruq in Islamic Banking Institutions in Malaysia: A Study of Bank Muamalat Malaysia Berhad","authors":"Mohd Izuwan Mahyudin, Azizi Che Seman","doi":"10.1108/978-1-78756-283-720181011","DOIUrl":"https://doi.org/10.1108/978-1-78756-283-720181011","url":null,"abstract":"Abstract \u0000Purpose – A study of Islamic banking products, especially bay’ al-tawarruq transactions, demonstrates that the purpose of these transactions is to provide liquidity to the customer, such as personal financing, working capital expenditure, cash lines and credit cards. However, as the industry expands, the industry is innovating to extend products to include an investment and deposit instrument that provides a fixed return to the customer. As the second fully-fledged Islamic bank in Malaysia, Bank Muamalat Malaysia Berhad (BMMB) offers products based on the bay’ al-tawarruq concept. \u0000 \u0000Methodology/approach – This study investigates the original principles of the bay’ al-tawarruq contract and its current applications in BMMB. \u0000 \u0000Findings – The study found that the bay’ al-tawarruq contract is being adopted as an alternative to the bay’ al-‘inah contract, especially for financing-based products offered by BMMB. \u0000 \u0000Originality/value – This is an attempt to study the application of Tawarruq contract in Bank Muamalat’s product offerings based on the process and mechanism of Bursa Suq al-Sila’ (BSAS).","PeriodicalId":419416,"journal":{"name":"New Developments in Islamic Economics","volume":"95 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133181879","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: 4

The Potential of Cash Waqf in the Socio-economic Development of Society in Kelantan 现金基金在吉兰丹社会经济发展中的潜力

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181005

Siti Mariam Che Hassan, A. Rahman

引用次数: 15

Society’s Understanding of Family Takaful: A Study in Southern Thailand 社会对家庭回教的理解:泰国南部的研究

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181010

Mirwanee Ha, A. Rahman, Azizi Che Seman

引用次数: 4

Entrepreneurship Development in Islamic Economics 伊斯兰经济学中的创业发展

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181001

Akilu Aliyu Shinkafi, Nor Aini Binti Ali

引用次数: 5

Prelims 预备考试

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181015

引用次数: 0

Micro-Takafulin Aceh: Does Society Need It? 微takafulin亚齐:社会需要吗?

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181007

Rafiza Zuliani, A. Rahman

引用次数: 1

Index 指数

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181014

引用次数: 0

Women and Risk: Does Takaful Have the Solution? 女性与风险:回教富尔有解决方案吗?

New Developments in Islamic Economics Pub Date : 2018-10-22 DOI: 10.1108/978-1-78756-283-720181008

Nuurshiraathal Firdaws Abd Rani, A. Rahman

{"title":"Women and Risk: Does Takaful Have the Solution?","authors":"Nuurshiraathal Firdaws Abd Rani, A. Rahman","doi":"10.1108/978-1-78756-283-720181008","DOIUrl":"https://doi.org/10.1108/978-1-78756-283-720181008","url":null,"abstract":"Abstract \u0000Purpose – Women are more susceptible to specific health risks such as breast cancer, cervical cancer, and risk during pregnancy and childbirth. These can affect women’s well-being and also need to be managed to avoid financial loss. Takaful operators in Malaysia have been offering special takaful products for women. Women can mitigate exposure to these risks through insurance. This study examines the risks faced by Malaysian women and the coverage they are offered by Islamic insurance. \u0000 \u0000Methodology/approach – The study used a qualitative methodology involving documentary evidence and interviews with four Islamic insurance agents and four product development officers from four Islamic insurance providers in Malaysia. \u0000 \u0000Findings – Among the risks faced by women are female-specific illnesses, the cost of expensive treatments, crime-related accidents or loss, social or career risks and privatisation policy. Due to these risks, women are in need of female-specific takaful products to reduce risk and protect themselves. \u0000 \u0000Originality/value – Specific takaful products for women are crucial to protect them from risks, improving their well-being and increasing their participation in the nation’s economic and social development.","PeriodicalId":419416,"journal":{"name":"New Developments in Islamic Economics","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126872675","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