19 research outputs found
Premium Ice Cream Cafe / Md Hisham Azmi ... [et al.]
No full textPremium Ice Cream Cafe is based on ice cream. Our business is focus on different type of ice cream with different taste and quality. As we know that people like to eat ice cream and they like to try something new. So, we take this opportunity to enter this business. Our business is located at Jalan Burma, Pulau Tikus, Pulau Pinang. From the survey we made, we found that this area is dominated by Chinese races, mainly. As we know that people like to try something new. Ice cream is very common being known. But we are trying to do a little bit different strategies and types from other competitors inorder to attract customer. The target market for this business is basically a child, teenagers and families. We believe that this business have a clear prospects to develop and spread in the future because of its potential based on previous ice cream company. Beside that there are only few competitors that involve in this business. Lastly, we hope that our business will bring reasonable profit for our company based on our sales. Beside that our company should aware that in any business people participated in, there must be a deficit or surplus
Mathematics Learning Inventory (MLI)
No full textMathematics Learning Inventory:
Early Indicator Based on Mathematics Interest & Self Esteem
Mohd Nazim Mat Nawi *
, Balqis Hisham, Norlaili Md Saad, Suraya Hassan, Nurfatihah
Mohamad Hanafi, Juhaidah Hairom
Department of Mathematics, Centre for Foundation Studies,
International Islamic University of Malaysia, Gambang Campus,
26300 Gambang, Pahang, Malaysia
*Corresponding author: [email protected]
ABSTRACT
One of the most significant subjects taught worldwide from preschool through university level
is mathematics. The students’ interest is considered as a vital aspect affecting involvement and
success in this subject. In addition, self-esteem also has been seen as an important factor in
learning mathematics. Therefore, mathematics interest and self-esteem are two critical
elements that contribute to mathematics achievement. Besides their SPM result, there is
insufficient indicator to identify low achiever students. Hence, the innovation from this study
is an indicator called Mathematics Learning Inventory (MLI) which consists of google form
and score excel template. Based on the results from the inventory, we can identify which
students need consultation related to the course based on the score. Concurrently, the system
will notify the instructor to provide intervention procedures in preparing them for the formative
and the summative assessment for that subject. This MLI can be introduced and utilized by all
institutions which offered pre-university programme. This study will use purposive sampling
technique to select a sample of 312 sciences students from Centre for Foundation Studies
(CFS), International Islamic University Malaysia (IIUM) who are taking Mathematics 1
(MAT0114) subject in semester 1, 2022/2023. Academic Interest Scale for Adolescents (AISA)
is the instrument used in order to measure Mathematics interest whereas Rosenberg Self�Esteem Scale is used to measure self-esteem.
Keywords. Pre-university programme; Mathematics interest; Self-esteem; Mathematics
Learning Inventory (ML
Kursus Pengendalian Pertandingan KaSTEK
No full textTemerloh, 17 JANUARI 2012 – Setiap tahun Karnival Pendidikan Sains dan Teknologi memang sinonim dengan Pusat
Pendidikan, Latihan dan Penyelidikan Tenaga Diperbaharui, Kecekapan Tenaga dan Teknologi Hijau (CETREE) . Ini
dibuktikan dengan penyertaan hampir 4 pertandingan yang dipertandingkan. Antaranya Solar Car Competition,
Efficiency Energy Cooking Competition, EUREKA Renewable Energy and Energy Efficiency Beach House Competition
dan Solar Boat Competition (Pilot Competition).
Tahun 2012, Pejabat Pelajaran Daerah (PPD) Temerloh, Pahang merupakan satu-satunya PPD mengorak langkah
dengan mengadakan Kursus Pengendalian Pertandingan kepada seluruh guru-guru terpilih di daerah Temerloh,
Pahang. Ini bertujuan bagi menarik minat guru agar melahirkan pelajar-pelajar daripada kalangan sekolah masing di
dalam daerah Temerloh yang akan mewakili negeri Pahang bagi pertandingan peringkat kebangsaan yang dijangka
pada bulan Ogos 2012.
Kursus ini dianjurkan dengan usahasama serta cetusan idea Ketua Sekretariat/ Pengurus Tugas CETREE, Tuan Hj.
Badrol Hisham Mohd Nowani bersama Pegawai Pelajaran Daerah (PPD) Temerloh, Puan Asiah Hamzah. Kursus
berlangsung selama satu hari bertempat di Pejabat Pelajaran Daerah (PPD) Temerloh, Pahang., Sambutan yang
diberikan oleh guru-guru sekolah daerah Temerloh amat memuaskan. Pelbagai persoalan dan pandangan dikenalpasti
bagi memantapkan lagi pasukan yang menyertai dan melibatkan diri dalam pertandingan yang disertai.
Hampir 40 orang guru daripada 25 buah sekolah rendah dan 15 buah sekolah menengah yang berminat menyertai
kursus yang dianjurkan oleh Pejabat Pelajaran Daerah (PPD) Temerloh, Pahang. Antara pengisian kursus yang
melibatkan guru-guru yang disediakan oleh pihak CETREE ialah taklimat berkaitan Karnival Pendidikan Sains dan
Teknologi yang melibatkan CETREE, sesi kupasan pertanyaan dan penerangan dengan lebih terperinci, bengkel
pembinaan khas model-model pertandingan, pertandingan pengadilan memilih pemenang di antara peserta kursus dan
diakhiri dengan rumusan keseluruhan kursus. Turut hadir bagi membantu serta menjadi fasilitator di program berkenaan
ialah En. Mohd Firdaus Kamis, En. Syafiq Saifullah Azmi, En. Mohd Nizam Md Saad dan beberapa orang pelajar
Antarabangsa - International Economic And Commercial Science Student Association (AIESEC) bagi melicinkan lagi
kursus ini
Mitigation of Estate Distribution Disputes through Mediation-based ADR Approach
No full textThe many unresolved inheritance cases in Malaysia show that arising estate distribution disputes pose significant obstacles, revealing a need for better resolution. Considering the trial processes in both civil and Sharia courts are often associated with delays due to their respective procedural rules, this study aims to explore alternatives that facilitate faster and less burdensome dispute resolution. Through qualitative methods, the identified disputes are family disagreements, communication challenges, outsider interference, and third-party disputes, e.g., financial institutions. The findings suggest mediation is a valuable strategy to improve estate distribution and reduce pending inheritance cases due to its cost-effectiveness and straightforward procedure
Alternative Dispute Resolution Method for Resolving Estate Distribution Conflicts
No full textConflicts over inheritance distribution led to significant issues, preventing heirs from utilizing assets meant to benefit them. In Malaysia, an accumulation of RM90 billion of frozen assets from unresolved inheritance cases highlights the need for improved resolution strategies. Using a qualitative approach, this study identifies key issues of conflicts, including family disagreements, communication challenges, outsider interference, and third-party disputes, e.g. financial institutions. The findings suggest mediation as an effective alternative dispute resolution method to resolve estate distribution disputes due to its timely and cost-effective solutions to address these conflicts and improve inheritance distribution
Lawatan Kerja Daripada Universiti Mingdao, Taiwan (USM - BJIM - CETREE)
No full textPulau Pinang, 19 JANUARI 2012- Teknologi Hijau merupakan elemen penting dalam kehidupan seharian rakyat di
Malaysia mahupun antarabangsa. Tidak terkecuali Negara Taiwan merupakan Negara yang maju dan pesat penuh
dengan pelbagai teknologi-teknologi moden bagi membangunkan sesebuah negara yang mundur dan mempunyai
bilangan penduduk yang semakin meningkat. Oleh hal yang sedemikian, Universiti Mingdao, Taiwan mengambil
langkah drastik dengan kerjasama Universiti Sains Malaysia dalam mengatur dan membuat satu program lawatan kerja
mengenai halatuju serta dua pandangan universiti mengenai Teknologi Hijau.
Delegasi lawatan kerja ini melibatkan Majlis Perbandaran Seberanag Perai (MPSP) dan Universiti Mingdao, Taiwan.
Universiti Sains Malaysia diketuai oleh Timbalan Naib Canselor, Bahagian Jaringan & Industri, Prof. Dato' Susie See
Ching Mey manakala Canselor bagi Universiti Mingdao, Da-Yung Wang. Lawatan kerja bermula dengan kunjungan ke
CETREE dan mendengar taklimat ringkas oleh Pegawai Penyelidik CETREE, Mohd Sukri Shafie berkaitan perjalanan
CETREE sehingga kini ke arah menyampai dan memberikan kesedaran berkaitan Teknologi Hijau kepada seluruh rakyat
Malaysia. “ CETREE merupakan salah satu agensi yang memainkan peranan penting dalam memberi ilmu dan
kesedaran Teknologi Hijau didalam kampus Universiti Sains Malaysia serta seluruh Malaysia ” kata Timbalan Naib
Canselor, Bahagian Jaringan & Industri, Prof. Dato' Susie See Ching Mey kepada semua delegasi yang hadir.
Setelah hampir separuh hari berbincang dan bertukar-tukar pendapat dan ilmu berkaitan Teknologi Hijau delegasi
dibawa untuk melawat Unit Pameran Bergerak (Van Teknologi Hijau) bagi memperlihatkan bukti serta merupakan ia
sebagai model ataupun ikon kepada Universiti Sains Malaysia yang menjalankan penyelidikan serta kesedaran
berkaitan Teknologi Hijau di Negara ini.
Pelbagai kiosk Teknologi Hijau dipertontonkan kepada delegasi yang hadir. Antaranya delegasi turut teruja dengan
keunikkan Unit Pameran Bergerak CETREE (Van Teknologi Hijau) yang menggunakan 100% bahan api minyak masak
terpakai dan kuasa tenaga solar sebagai sumber alternative bagi menjanakan arus elektrik yang digunakan. Pasukan
Unit Pameran Bergerak CETREE diketuai oleh En. Mohd Firdaus Kamis dan dibantu oleh sekretariat En. Syafiq Saifullah
Azmi, En. Mohd Nizam Md Saad, Muhammad Akmal Bin Hazan, Muhamad Syabil Saad, Faizul Jusoff, Muhammad
Syafiq Jasmi, Muhamad Badrul Hisham Ali Anuar, Muhamad Zamree Zulkipli, Izzat Noordin, Syarmina
Samsam@Samson dan Shafiqah Azhar sebagai fasilitator yang membantu memberi penerangan mengenai Van
Teknologi Hijau serta menjayakan aktiviti-aktiviti kepada delegasi yang hadir
The impact of Islamic Debt on firm performance
No full textThis thesis uses micro-econometric analysis to examine the impact of Islamic debt on firm value and firm financial performance by observing two groups, namely Malaysian firms and Indonesian firms. The study in particular considers (i) the impact of Islamic debt on firm value and firm financial performance, (ii) the Islamic debt announcement effect on stock return, (iii) the relationship between Islamic debt characteristics and stock return.
A number of significant contributions to corporate finance arise from this research in relation to Islamic debt instruments and firm financial performance. First, it provides evidence of the Islamic debt impact on firm value and firm financial performance. Second, it provides evidence of the Islamic debt announcement effect on stock returns. Third, it provides evidence of the Islamic debt characteristics’ impact on stock return. Fourth, and very importantly it provides new insights, adding substantially to the very few studies that have been conducted on these types of instruments. It is expected that the empirical results from this study will be a starting point for significant future research on similar instruments.
Islamic debt became increasingly popular for the last decade as companies sought to raise funds by offering corporate Islamic debt (sukuk). It has become significant for raising funds in the international capital markets through Islamic law (shariah). Moreover, Islamic debt has become a topic of research interest in Islamic finance since the financial crisis which affected major countries and firms around the world. The rise of Islamic debt, initially in Asia (Malaysia) is due to the fact that (i) Malaysian firms want to tap into investors from the Middle East (oil money), who have a considerable amount of money to invest, but also have to adhere to their religious view, (ii) the government’s policy regarding the Islamic Capital Market establishment along with its instruments, (iii) Islamic debt appears to offer more security and therefore has become an attractive market both for Muslim and non-Muslim investors. This is reflected by the increase in the issue size from year to year, for both sukuk issuers and sukuk holders, receiving increased support in the form of market surveillance and regulation, and from market participants.
Data employed in this study are obtained from the Islamic Finance Information Service (IFIS) database. The sampling period is 2000 to 2009, which is ten years and quarterly observations are used. These quarterly data are important since the issuance of Islamic debt for every firm is in different quarters with 227 companies from Malaysia issuing Islamic debt from 2000 to 2009. From those 227 Malaysian companies, 106 companies were public companies, and 121 companies were private companies. Of the 106 public companies, 31 are excluded from the data list due to the non-availability of their respective financial statement data. In addition, the sample of Islamic debt offering must have data availability on the size of the offering, the maturity length, the history of the issuance, and other accounting data information. There were 26 Indonesian firms that issued Islamic debt for the range of this study period, however only 14 firms had complete data.
A balanced panel of 80 Malaysian and 14 Indonesian companies are employed in this study. For panel data analysis, the availability of ten years’ worth of data is required, particularly quarterly data. For an event study and multivariate regression method analysis, the data of the daily closing stock prices for two years prior and one year after the announcement date are required in order to calculate the abnormal return using the abnormal return benchmark (mean adjusted return, market adjusted return and market model return).
The choice of model employed is specified according to its diagnostic testing results for non-normality, heteroskedasticity, multicollinearity, endogeneity and linearity in both Malaysia and Indonesia. A test is conducted to confirm that there are no outliers in the data set prior to the diagnostic testing. Poolability and co-integration testing are also included. Based on the diagnostic results, Malaysian data are analysed using the dynamic panel generalised method of moment and Indonesian data are analysed using the panel corrected standard error. These two methods are employed to investigate the impact of Islamic debt issues on firm value and/or firm financial performance. Next, the analysis examines the impact of Islamic debt announcement on abnormal return using an event study method. The abnormal return benchmarks used are mean adjusted return, market adjusted return and market model return. Finally, the relationship between the Islamic debt characteristic and stock return is analysed using the generalised least square and the ordinary least square for Malaysian and Indonesian data respectively.
The findings for the impact of Islamic debt on firm value and/or firm financial performance using Malaysian and Indonesian data reveal that when Islamic debt was first introduced to the market; it affected higher firm performance as indicated by market-based and accounting-based measures. However, the issuance of Islamic debt for a second time lowers firm performance which suggests that Islamic debt expansion has a detrimental effect on firm value. The Islamic debt issuance for more than two issues improves a firm’s financial performance, indicating that after having a few experiences in issuing Islamic debt, the issuance of Islamic debt impacts positively on firm performance. This may be attributed to the holders of Islamic debt closely monitoring the management of the firm to ensure that the firm can generate profits and distribute a periodic stream of cash flow over time. Thus, Islamic debt also reduces the agency problem within the company and hence increases firm value. From the view point of markets, this may indicate that the markets learn through several issuances of Islamic debt and therefore have greater confidence in subsequent issuances compared to the second issuance of Islamic debt.
The second observation is that when Islamic debt proportion is below the average or at the average, it has a positive significant impact on firm value and/or firm financial performance. However, the greater the proportion of Islamic debt issued, the lower the firm performance. This result is similar to the empirical result for non-Islamic debt, in that the proportion of debt at a certain level may hamper firm performance as an additional incurrence of debt gives no guarantee that firm performance will be higher. This is mainly because as the leverage increases, so does the risk of default, which provides a greater incentive for lenders to monitor the firm. Moreover, the proportion of Islamic debt at the average represents the best likelihood of affecting higher firm value and/or firm financial performance.
The third observation is that debt-types and equity-types affect firm performance, while asset-types have a positive but not significant effect. The result supports the notion that certain types of debts have a different impact on shareholders’ wealth. Overall, the findings, both for Malaysia and Indonesia, indicate that Islamic debt has a positive impact of on firm value and/or firm financial performance. The positive findings are consistent with theory covered in prior research and showing that this theory can also be applied to Islamic debt. Moreover, Islamic debt makes a greater contribution to the improvement of firm financial performance than non-Islamic debt.
The findings for the event study analysis, using three benchmarks, reveal that there is a negative and significant impact for both average abnormal returns (AAR) and cumulative average abnormal returns (CAAR) for Malaysia. This negative finding supports the negative impact hypothesis. Overall, the result for one day prior to and one day after the announcement is positive and significant. In contrast to the findings for Malaysia, the impact of Islamic debt announcement, using three benchmarks, is positive and significant both for AAR and CAAR for Indonesia. This positive finding supports the positive impact hypothesis. Overall, the result for one day prior to and one day after the announcement is positive and significant. Moreover, the impact of the announcement for the event window spanning 31 days (-15 to +15) is varied for the three benchmark returns used in this study. The results for this window span reveal that the majority of AAR and CAAR are negative and significant. Furthermore, the results for AAR and CAAR for Malaysia are almost similar to the results found for Indonesia. The unit root test result for Malaysia indicates that the market is efficient in the context of weak form efficiency, which suggests that the price movements are unpredictable. In contrast to Malaysia, the unit root test result for Indonesia indicates that the market is inefficient in the context of weak form efficiency, which suggests that the price movements are predictable.
The findings for Islamic debt characteristics’ impact on stock return reveal that the Islamic debt characteristics, which are debt to equity ratio and firm size, have a positive and significant impact on shareholder wealth, while Islamic debt offering size and maturity have no significant impact on shareholders’ wealth for Malaysia. For Indonesia, the result is similar to the result obtained for Malaysia except for debt equity ratio and firm size which have positive and significant impacts. With regards to the frequency and types of Islamic debt issued, only the first issuance of Islamic debt and Islamic debt-types have a positive and significant impact on shareholders’ wealth for Malaysia and Indonesia, with exception that there is no debt-type for Indonesia. In terms of the firm value and/or firm financial performance; higher firm value or firm financial performance of firms issuing Islamic debt has a positive and significant impact on shareholders’ wealth for Malaysia and Indonesia.
This study makes substantive contributions to the financial understanding of Islamic debt instruments. The analysis is novel in that it breaks away from the typically religious discussion of instruments and the very detailed prescriptive approach. It provides a considered and carefully crafted micro-econometric analysis of market data built upon detailed diagnostic testing and robust model building. This study points the way for future Islamic capital market-based analysis
Editorial
No full textبسم الله الرحمن الرحيم
In the Name of Allah, Most Gracious, Most Merciful
THE ROLE OF INDEXING FOR A JOURNAL
Islamic economics, banking and finance is still a niche area of research. The number of journals publishing Islamic finance literature has grown since the first academic journal dedicated to Islamic finance was launched in 1983 by King Abdulaziz University in Saudi Arabia. Yet, it should be recognised that the number remains small compared to their conventional counterparts. There are only a few specialised academic journals that publish literature in areas related to Islamic accounting, economics, business, banking, finance and management. As at September 2023, less than ten such journals are Scopus-indexed and only one is included in Clarivate Analytics’ Web of Science Social Sciences Citation Index (SSCI).
Indexation of a journal in prestigious databases is a reflection of the journal’s quality and impact. Indexed journals are recognised as authoritative sources of information and are considered of higher scientific quality than non-indexed journals. By getting indexed and abstracted in major indexes and databases, journals gain international visibility and become more accessible to their readers. This paves the way for published articles to be seen by more readers and cited more often by scholars. Therefore, the more visible a journal is, the more authors’ articles will be seen, read and cited and the greater the opportunity for the journal to contribute to the wider scholarly community within its field of specialisation.
A major index is Scopus, Elsevier’s abstract and citation database. Scopus-indexed journals have been evaluated and accepted by the Scopus Content Selection and Advisory Board (CSAB) for meeting rigorous quality and impact criteria. Scopus’ minimum assessment criteria include peer-reviewed content, regular and timely publication, relevance to an international audience, and ethical publication policies. Scopus-indexed journals are further categorised into four quartiles within their specific subject area. Quartile 1 (Q1) consists of the highly-ranked journals, having the highest level of quality and impact. It is then followed by Quartile 2 (Q2), Quartile 3 (Q3) and Quartile 4 (Q4).
SSCI, another highly-regarded index that ranks the most prestigious journals in the social sciences stream, forms part of the ‘Web of Science Core Collection’, which also comprises the Science Citation Index Expanded (SCIE), Arts & Humanities Citation Index (AHCI) and Emerging Sources Citation Index (ESCI). The Web of Science Core Collection recognises only journals that demonstrate high levels of editorial rigour and best practices.
For inclusion in SSCI, SCIE and AHCI, journals within the respective category (i.e., social sciences, sciences, and arts and humanities) must meet both rigorous quality criteria and impact criteria. If a journal meets only the quality criteria, it enters the ESCI.
Journals which enter ESCI are further evaluated for impact and are then included in either SCIE, SSCI or AHCI. Although there is no absolute rule, journals that fall within Q1 and Q2 are much more likely to be assessed for positive impact. According to the Web of Science Journal Evaluation Process, the quality criteria include:
· ISSN· Journal title· Journal publisher· Website address and functionality· Content access· Peer review policy· Contact details· Scholarly content· Content relevance
· Article titles and abstracts in English· Clear language· Timeliness of publication· Publication volume· Journal format· Publication ethics statement· Bibliography· Appropriate citations to the literature
· Editorial affiliation details· Editorial board composition· Author affiliation details· Author distribution· Grant support details· Validity of statements· Adherence to community standards
ISRA International Journal of Islamic Finance (IJIF) is Scopus-indexed, and its latest quartile as at 5 September 2023 is Q1 (Development), Q2 (Finance) and Q2 (Economics and Econometrics). It is also included in ESCI, beginning with Vol. 9 No. 1 (2017). The ongoing challenge for IJIF is to maintain its rank within the top quartiles in Scopus by continuing to increase the number of citations of its published articles.
IJIF’s final hurdle is to meet the Web of Science’s impact criteria so that it can be considered for inclusion in SSCI. These impact criteria include:
Comparative Citation Analysis — this benchmarks IJIF’s impact factor against existing SSCI journals.
Author Citation Analysis — this checks that IJIF’s authors are regularly publishing in other SSCI journals.
Editorial Board Citation Analysis — this checks that IJIF’s Editorial Advisory Board members are regularly publishing in other SSCI journals.
Content Significance — this checks that significant and original contributions to the field are being published with regularity.
Obviously, the challenge remains for IJIF to attract highly-cited papers, high profile authors whose work attracts citations, articles that discuss hot and emerging trends, and original research that contributes to the body of Islamic finance knowledge, among others. Necessary measures will be taken at the level of IJIF to improve its impact on the Islamic finance community.
IJIF Volume 15 Number 3 September 2023
This issue of IJIF publishes nine articles that have been long awaiting publication. We thank the authors for considering the publication of their articles with IJIF despite the long wait. The delay was regretfully caused by the pagination constraints we faced when publishing with our last publisher. These are the articles published in this journal’s issue and the main gist of their arguments:
An Empirical Investigation of the Factors Affecting Perceptions of University Students in Pakistan on the Usage of Islamic Equity Crowdfunding by Iqra Sarfraz, Huma Ayub and Abida Ellahi. This article finds project innovativeness, return on investment, and perceived informativeness, among others, to be the key factors that influence investors’ willingness to invest in Islamic equity crowdfunding platforms.
Maqāṣid Entrepreneurial Finance: An Islamic Approach to Small Business Capital Structure Theory by Wida Purwidianti, Bambang Agus Pramuka, Rio Dhani Laksana and Wiwiek Rabiatul Adawiyah. This article determines five factors that influence capital structure decisions of small businesses based on maqāṣid al-Sharīʿah.
Model Design of Sociopreneurship: Halal Based-Development of Micro, Small and Medium Enterprises Through Zakat Institutions by Siti Nur Azizah, Annisa Nur Salam and Ahmad Zaenal Arifin. The zakat institutions’ model of sociopreneurship proposed in this article aims at fostering MSMEs that develop halal products so that they can evolve from being zakat recipients to being zakat payers.
Malaysian Consumer Income and Spending Behaviour During the COVID-19 Pandemic: An Insight from Maqāṣid al-Sharīʿah by Nur Alisya Nabila Ros Hisham, Shahrina Ismail and Sharifah Fairuz Syed Mohamad. This study relates spending behaviour to awareness of maqāṣid al-Sharīʿah during COVID-19.
· Developing an Islamic Business Model: A Case for Agricultural Value Chain Finance in Agrobank, Malaysia by Aris Anwaril Muttaqin, Muhammad Adib Samsudin, Ahmad Dahlan Salleh, Azlin Alisa Ahmad and Akhmad Syakir Kurnia. This article is a case study of the agricultural value chain finance business model implemented by Agrobank in Malaysia.
Investor Sentiments, the COVID-19 Pandemic and Islamic Stock Return Volatility in Indonesia by Maulidya Firdaus Irwaningtyas, Puji Sucia Sukmaningrum and Sulistya Rusgianto. This research focuses on the sentiments of Islamic stock investors in the context of COVID-19 and examines Islamic stock return volatility.
A Theoretical Analysis in Choosing Between Profit-Loss Sharing and Interest-Based Contracts: A Simple Game Model by Reza Gholami, Aisyah Abdul-Rahman, Fathin Faizah Said and Nor Ghani Md Nor. This study finds four major factors that determine participants’ choice between profit-loss sharing contracts and interest-based contracts.
Impact of COVID-19 on the Behaviour of Islamic and Conventional Investors: Evidence from the Indonesia Stock Market Crash 2020 by Faris Azzam Shiddiqi and Akhmad Akbar Susamto. This article compares COVID-19’s impact on conventional and Islamic stock markets in Indonesia and the role played by the panic index on stock market returns.
Lack of Profit-and-Loss Sharing Contracts in Moroccan Islamic Banks: An Investigation during the Coronavirus Pandemic by Dalila Tarriko and Abdelati Hakmaoui. This article highlights the institutional and operational challenges and COVID-19 repercussions that affected implementation of PLS contracts in Morocco.
We thank our readers for their support and wish them an insightful read.
Allah (SWT) is the Bestower of success, and He knows best
Systematic review and economic modelling of the relative clinical benefit and cost-effectiveness of laparoscopic surgery and robotic surgery for removal of the prostate in men with localised prostate cancer
No full textPMID: 23127367 [PubMed - indexed for MEDLINE] Free full text Funding for this study was provided by the Health Technology Assessment programme of the National Institute for Health Research.Peer reviewe
E-buku kompilasi asbtrak & poster YIC 2025
No full textE-buku Kompilasi Abstrak dan Poster YIC 2025 ini adalah hasil kompilasi abstrak dan
poster yang dipertandingkan di Youth Innovation Competition 2025 atau
Pertandingan Inovasi Belia 2025 yang dianjurkan oleh Unit Penyelidikan dan Inovasi,
Pusat Asasi, Universiti Islam Antarabangsa Malaysia, Kampus Gambang. E-buku ini
mengumpulkan abstrak dan poster inovasi dari dua kategori iaitu kategori idea dan
produk. Penerbitan ini bertujuan untuk mendokumentasikan hasil inovasi peserta
peserta yang merangkumi pelbagai aspek berkaitan pelajaran & pembelajaran serta
STEM. E-buku ini mengetengahkan matlamat utama YIC 2025 sebagai sebuah
platform untuk menggalakkan pemikiran kreatif, penyelidikan yang berimpak tinggi,
dan pemberdayaanbelia dalam menangani cabaran semasa. Penerbitan E-buku ini
diharapkan dapat menjadi penghargaan dan juga sumber inspirasi kepada para
pelajar serta warga Pusat Asasi UIAM secara umumnya
