Digital Commons Network^™

Profit Distribution Mechanisms For Investment Accounts In Malaysian Islamic Banks: An Analytical Study In Light Of Shariah And Accounting Standards, Fares Djafri, Ashraf Md Hashim, Zeynelabidin Hayat

Journal of King Abdulaziz University: Islamic Economics

This study examines the profit distribution mechanisms for investment accounts in Malaysian Islamic banks. It analyzes the Shariah and accounting foundations that govern the relationship between the bank and investment account holders. The study identifies a set of fairness parameters rooted in Islamic legal principles and Islamic accounting standards, most notably: the requirement to predefine profit-sharing ratios, adherence to the Shariah rules of loss-bearing in mudarabah, full transparency and disclosure, proportional profit allocation based on investment amount and duration, and the governance rules relating to the use of the Profit Equalization Reserve (PER) and Investment Risk Reserve (IRR) to ensure …

Trends And Directions Of Sustainable Halal Tourism Development: A Systematic Literature Review With Special Reference To Malaysia, Anna Mariana Zebua, Bayu Wijayanto, Dedi Hermon, Febriandi Febriandi, Rosmadi Fauzi

Jurnal Pendidikan Geografi: Kajian, Teori, dan Praktek dalam Bidang Pendidikan dan Ilmu Geografi

As an emerging sector in the global tourism industry, halal tourism is projected to inspire behavioral changes and policy strategies rooted in sustainability principles, particularly within faith-based communities and from the perspective of tourism geography in Malaysia. This study aims to identify research trends, analyze key sustainability determinants, and determine the direction of sustainable halal tourism development in Malaysia through a Systematic Literature Review (SLR) following PRISMA guidelines, screening 20 articles from Scopus, Google Scholar, and Web of Science (2020–2025). Findings reveal that halal tourism development is shaped by national policy integration, uniform certification systems, and strong institutional coordination. Sustainability …

Adaptation Of Malay Culture In The Society 5.0 Era In Malaysia From Cultural Geography Perspective: A Systematic Literature Review, Yanur Merny, Syafri Anwar, Dedi Hermon, Febriandi Febriandi, Saiful Adli

Jurnal Pendidikan Geografi: Kajian, Teori, dan Praktek dalam Bidang Pendidikan dan Ilmu Geografi

Society 5.0 and globalization have transformed social organization in physical and digital spaces, reshaping cultural practices and the construction of Malay identity in Malaysia. Although previous studies have examined Malay culture, modernization, and identity, a systematic synthesis of how Malay culture adapts to technological and social change from a cultural geography perspective remains limited. Therefore, this study aims to analyze the patterns of Malay cultural adaptation and identity reconstruction in the Society 5.0 era in Malaysia. This study employed a Systematic Literature Review (SLR) following the PRISMA 2020 guidelines to review 22 scientific articles published between 2020 and 2025 concerning …

Establishment Of Universiti Muhammadiyah Malaysia (Umam) In The Perspective Of Communication For Development Through Education Modernization, Nurlaillah Sari Amallah, Andi Faisal Bakti, Novi Andayani Praptiningsih, Makroen Sanjaya, Tantan Hermansyah

Informasi

Muhammadiyah is considered a radical conservative movement among the Malaysian Muslim community. The education system in Malaysia is generally exclusive. The majority of Malaysian society is resistant to the Muhammadiyah sect except in certain states. This research used the theory from Servaes and Malikhao, the modernization paradigm that influenced academia from 1945 to 1965 was supported by the transition of sociopolitical technology and culture from advanced societies to traditional societies. Development is explained as economic growth. The main idea in the modernization perspective shows that development is interpreted as first, planned, and overlapping. The results showed ideologically, the principle of …

Malaysian Tākāful Agents' Ethical Professional Behavior: A Systematic Literature Review, Nor Arini Abdullah, Shahir Akram Hassan

Journal of King Abdulaziz University: Islamic Economics

This paper examines the ethical behaviour of Malaysian tākāful agents through extensive exploration of several studies on ethical practices in the tākāful industry. The ethical behaviour of the tākāful agent contributes to inevitable consequences in the agent's efforts to attract participants to join tākāful schemes. These positive or negative consequences affect both participants and tākāful businesses. Despite the abundance of research on tākāful agents, research that applies the systematic literature review (SLR) method on the ethical behaviour of the tākāfultākāful agent is rarely available; therefore, this gap needs to be filled. The purpose of this study is to examine the …

Development Factors Of Pilgrimage Tourism In The Member States Of The Islamic Cooperation Organization (On The Example Of Indonesia, Malaysia And Turkey), Mirodil Khaydarov, Jasurkhan Abdukadirov

The Light of Islam

Today, one of the main goals of the renewed state of Uzbekistan is to reform every sphere and bring it to a higher stage of development. These reforms will serve to enhance the country’s economy, living standards, as well as Uzbekistan’s image in the international arena. One such area is the Pilgrimage tourism. Uzbekistan is a country with enough potential to build the infrastructure of pilgrimage tourism with ancient and exotic cities, create all the necessary conditions for tourists, and develop a brand of pilgrimage tourism. UNESCO has registered many cultural monuments in Uzbekistan as world cultural heritage. In 2020, …

Hadith Berkaitan Penyakit Al-'Ayn: Analisis Hubungannya Dengan Pukau Dan Pemahaman Dalam Kalangan Masyarakat Malaysia / Mohamad Khairul Faiz Mohd Khadzali, Mohd Khadzali Mohamad Khairul Faiz

Student Works (2020-2029)

Evil Eye is a type of act that is associated with pukau. There was no prominent debate among the Malaysian community about the evil eye, but discussions and cases of poaching took place through reports from news, newspapers and social media. Furthermore, the explanation of the evil eye among Islamic medical practitioners is also unclear, and some are even confused about the actual understanding by associating it with pukau. This study aims to explain from the point of view of the true understanding of the evil eye from the fiqh al-hadith angel and explains its relationship with pukau as well …

From History Of Malaysien Education System, Dilafruz Turdiyeva

The Light of Islam

The article is devoted to the reforms in the field of higher education in the countries of Southeast Asia, which allows these countries to gain a leading position in the modern world. It should be noted that domestic studies on this topic are not enough.

Particular attention is paid to the study of the education system during the period of British colonization, as well as after the Second World War and during the independence of Malaysia.

The Malaysian Government’s Vision 2020 project clearly outlines the importance of studying religion as an integral component of secondary education. An attempt was made …

Islamic Revivalism And Democracy In Malaysia, Ashton Word, Ahmed Abd Rabou

DU Undergraduate Research Journal Archive

The paper examines democracy and secularism in Malaysia, a state rooted in Islam, and how it has been implemented in a country with a majority Muslim population. It briefly outlines how Islam was brought to the region and how British colonialism was able to implement secularism and democratic practices in such a way that religion was not wholeheartedly erased. Indeed, peaceful decolonization combined with a history of accommodating elites served to promote a newly independent Malaysia, to create a constitutional democracy which declares Islam as the religion of the Federation, and simultaneously religious freedom. Despite the constitution, the United Malays …

Institution Of Zakat In Colonial Malaysia, Avazbek Ganiyev

The Light of Islam

Zakat is one of the five Pillars of Islam and it is stated that one of the main principles in Islamic finance. Its aim is to balance wealth distribution fairly among all state members, and it has deep meaning for not only the one who is eligible to receive but also the one who is eligible to perform it. Zakat is often interpreted as the almsgivings to the poor and the needy and as from the zakat payers’ perspective; it is the purification of their soul through helping needy and a way of restraining one from greed. Using library-based research, …

At The Hands Of Fate: The Political Economy Of Islamic Insurance In Indonesia, Malaysia, And Pakistan, C. 1980 To The Present, Muhammad S. Rahman

Graduate Program in International Studies Theses & Dissertations

Why have Islamic insurance systems developed well in some countries, but not in others? Malaysia is considered as Islamic insurance elite due to its relatively large number of operators it houses as well as the sustained growth of Islamic insurance sales within the country, while Indonesia and Pakistan are still in early stages of development. Analyzing the political and social history of Islamization of insurance systems in these three Muslim majority countries in Asia since 1980s, this dissertation demonstrates the development gap between these countries on Islamic insurance results from; firstly, complex bargains made between various groups within each country …

Berita Winter 2018/2019, Dominik M. Müller

Berita

Letter from the Chair ... 2

Announcements ... 3–5

Article: “Memories of Rollei Singapore” (Loh Kah Seng, Nguyen Ngoc Luu Ly) ... 6–15

Article: “Encountering Communism in a Cosmopolitan City: The Ducroux Case in the Eyes of the Singapore Press” (Kankan Xie) ... 16–21

MSB Studies News: Guangxi University for Nationalities (GXUN) establishes China’s first Brunei Studies Center ... 22–23

Publications ... 23

Job Opportunities ... 23

Call for Papers ... 24

Call for Applications: Southeast Asian Studies Summer Institute ... 25

Call for Applications: Monash University Malaysia ... 25

Member Profile: Margaret John ... 26

Editorial Information ... 27

Malaysia’S Stance Towards Trump’S Decision Regarding Bayt Al-Maqdis, Mohd Roslan Mohd Nor, Muhammad Khalis Ibrahim

Research Publications (2016 to 2020)

Bayt al-Maqdis is a territory that is always conflicted in dispute due to the prolonged crisis of land ownership between Palestine and Israel. From an Islamic perspective, Bayt al-Maqdis is an important territory due to its status as a Holy Land to the Muslims as therein lies the Al-Aqsa Mosque, which is the third holiest mosque after Masjid al-Haram and Masjid al Nabawi (Nor, 2010: 83). This warrants much attention from Islamic countries specifically towards Bayt al-Maqdis (Nor & Rozi, 2016).

Revitalizing The Library For The Nation : Proceedings Of The 7th International Conference On Libraries, Information And Society Held On 18-19 April 2019 At Hatten Hotel, Melaka, [Left Blank] [Left Blank]

Archival Material (2010s)

Organised by: Department of Library and Information Science, Faculty of Computer Science and Information Technology, University of Malaya and University of Malaya Library.

Determinants Of Consumer Intention To Accept Musharakah Mutanaqisah Home Financing: Empirical Evidence From Malaysia And Pakistan / Imran Mehboob Shaikh, Shaikh Imran Mehboob

Student Works (2010-2019)

This research has been carried out to determine the determinants that predict the consumer's intention to accept a specific Islamic mortgage product. Previously, some models for consumer intention were developed and proposed to enrich understanding of the issue. The theoretical framework of the current study was drawn upon the decomposed theory of planned behaviour because of its predictive power and robustness to base a model when comparing it with the theory of planned behaviour, theory of reasoned action and innovation diffusion theory. This study added the pricing variable to the proposed model and incorporates country as a moderator variable, which …

Waqf Rules And Contemporary Applications With Special Study On The Prospects Of Issuing Waqf Sukuk In Malaysia / Marwa Al-Fares, Al-Fares Marwa

Student Works (2010-2019)

This study discusses some waqf rules and its contemporary applications with special study on the prospects and possibility of issuing waqf sukuk in Malaysia. Furthermore، this study examines the challenges of issuing waqf sukuk in Malaysia to develop waqf properties and to revive the waqf role in contributing to the welfare of Muslim communities. Malaysia is a well-recognised centre for Islamic finance in general and for sukuk issuance in particular. In 2017، 34 present of total global issuance took place in Malaysia. However، Malaysia does not yet have issued of waqf sukuk. According to Rajaendram (2018), the Perak Ruler said …

Bantuan Makanan Di Malaysia: Kajian Daripada Perspektif Ekonomi Islam / Norzuraida Hasan, Hasan Norzuraida

Student Works (2010-2019)

Poverty is one of the key factors that contributes to hunger and food insecurity, especially for the urban poor. Hence, food aid exists as a mechanism to help the poor and the less fortunate. Food aid refers to a set of instrument that is used to overcome the food supply problem among the less fortunate people. This instrument may come in the form of food aids, vouchers, and cash transfers. Some of the concepts of food aids are the soup kitchen, food stamp, food bank, food pantry, and suspended meal, whereby their main resource is donations. When viewed from the …

Pembangunan Wakaf Di Institusi Pendidikan Tinggi Malaysia: Kajian Perundangan / Husna Mohd Sa’Adan, Mohd Sa’Adan Husna

Student Works (2010-2019)

Kajian ini adalah berkaitan pembangunan harta wakaf IPT di Malaysia. Ia memfokuskan kepada perundangan dan isu-isu yang berbangkit dalam pembangunan harta wakaf yang melibatkan IPT. Kajian ini telah memfokuskan kepada beberapa IPT terpilih di Malaysia iaitu USIM, UPM, UIAM dan UM. Proses pengumpulan data yang menggunakan kaedah dokumentasi dan temu bual. Manakala, metode analisis pula menggunakan analisis tematik. Objektif kajian ini ialah meneliti konsep pembangunan di IPT menggunakan instrumen wakaf, mengkaji pemakaian undang-undang yang terlibat dan pelaksanaannya dalam pembangunan wakaf IPT di Malaysia. Begitu juga menganalisis amalan dan isu-isu berbangkit dalam pembangunan wakaf IPT terpilih di Malaysia dari sudut perundangan …

Berita Summer 2018, Dominik M. Müller

Berita

Table of Contents

Letter from the Chair ... 2

Announcements ... 3

John A. Lent Prize 2018 Commendation ... 4

Ronald Provencher Travel Grant Commendation ... 4–5

Panel Report: Food, Belonging, and Identity in Colonial and Post-Colonial Malaysia/Singapore ... 7–8

Article: Social Categorization and Religiously Framed State-Making in Brunei... 9

Article: A New Dawn for Malaysia: The Election that Tipped the Balance ... 22

Project Report: Project M: Campaigning with a “Dictator” ... 29

Book Review: Planting Empire, Cultivating Subjects: British Malaya, 1786-1941... 31

Call for Panelists and Book Chapters: Revisioning 2020 ... 32–33

Call for Book Chapters: Malaysian Politics …

Analisis Keterdedahan Risiko Syariah Syarikat Pengendali Takaful Di Malaysia / Mohd Faiz Bin Mohamed Yusof, Mohamed Yusof Mohd Faiz

Student Works (2010-2019)

Takaful Operator is an Islamic financial institution licensed as a sharī’ah compliant financial institutions by Central Bank of Malaysia. The takaful industry in Malaysia is exposed to sharī’ah risks due to the sharī’ah compliance requirements in all operations and activities of the Takaful Operator. Sharī’ah risk exposures generally occur because of the elements that not comply with sharī’ah requirements such as riba, gharar, gambling, ghubn, ikrāh, taghrīr and ghalaṭ or any element that was not comply with sharī’ah by the sharī’ah regulatory whether Sharī’ah Committee of Takaful Operators or Sharī’ah Advisory Council of Central Bank of Malaysia. However, the complicated …

Kepuasan Pelanggan Terhadap Kualiti Perkhidmatan Perbankan Islam: Kajian Ke Atas Pelanggan Bank-Bank Islam Di Kuching, Sarawak / Anitha Rosland, Rosland Anitha

Student Works (2010-2019)

Islamic banking institutions in Malaysia has developed rapidly and globally. Therefore, a competition exists among Islamic banks and conventional banking institutions in offering products and services to the customers. Customer nowadays are very wise to assess and compares the services offered and not just use the service based on the image and profit only. It is necessary for an organization to improve their service quality to meet customers’ needs and requirements. The main objective of this study was to analyze the level of customer satisfaction as well as to analyze the qualities of the services offered by Islamic banking institutions …

Isu Semasa Terhadap Hubungan Sosial Dengan Non Muslim Di Malaysia Daripada Perspektif Hukum Islam / Khairul Azhar Meerangani, Azhar Meerangani Khairul

Student Works (2010-2019)

This study describes current issues in social relations between Muslims and non-Muslims in Malaysia according to Islamic law, focusing on issues that occurred after the 12th general election involving religious issues, social, legal and business. The aim of this study is to identify and analyze the issues that underlie the relationship between this two groups based on the rule of Islamic law. Three main methodologies have been applied in this study : Firstly, documents analysis methods for obtaining data pertaining to the rights of non-Muslim citizens of the Islamic perspective and the Federal Constitution. Secondly, current issues were identified through …

Analisis Perbandingan Penentuan Piawaian Halal Antara Malaysia, Indonesia, Singapura Dan Brunei / Norhidayah Pauzi, Pauzi Norhidayah

Student Works (2010-2019)

Malaysia, Indonesia, Singapore and Brunei are countries in the MABIMS (The Informal Meeting of Religious Ministries of Brunei, Indonesia, Malaysia and Singapore) council which have collaborated in bringing the halal industry to the international arena. However, differences in the determination of halal standards exist in the four countries which have consequently resulted in the disparity of legal status on a few halal issues. This did not only bring about confusion to the industry and consumers, but also revealed weaknesses in the coordination of fatwa in the four countries. Therefore, this study was conducted to evaluate the factors contribute to the …

Aplikasi Talfiq Dalam Resolusi Syariah Majlis Penasihat Syariah Bank Negara Malaysia / Mohd Hafiz Jamaludin, Jamaludin Mohd Hafiz

Student Works (2010-2019)

Talfiq, though not considered as one source of Islamic law, is frequently used by contemporary scholars. In fact, talfiq was not accepted by majority of classical scholars especially during the era of development of schools of jurisprudence. The period of reformation in Islam (tajdid) in the 20th century has initiated its popularity among the Muslim community particularly with the call to free them from the bondage of rigidness in adopting a particular school of jurisprudence. Talfiq, in fact is an alternative for contemporary scholars who find ijtihad (independent legal reasoning) limited and difficult to provide legal solutions. Yet, there are …

Analisis Fatwa Zakat Di Malaysia Dari Perspektif Maqasid Syariah / Azri Bhari, Bhari Azri

Student Works (2010-2019)

The nature of Islamic legal practice in Malaysia is well known for its adhering to the view of Shafie madhab in fiqh issues based on the historical background of the arrival of Islam in Malaysia and Islamic legal practice that have been adapted. Fatwa issued by the fatwa institution in Malaysia is evolving from time to time in accordance to the principles of Islamic law, which is flexible and accommodating the changing environment. In recent years, the development of Islamic legal practice shows the ultimate determination of fatwa especially on zakat are no longer bound to Shafie madhab. This shows …

Maqasid Ibadah Haji Dalam Perspektif Sunnah: Kajian Terhadap Kefahaman Dan Amalan Jemaah Haji Malaysia / Rizalman Muhammad, Muhammad Rizalman

Student Works (2010-2019)

This research analyzes the hadith texts of the hajj (pilgrimage) to identify the hajj maqasid in the Sunnah perspective. Altogether, 1,947 hadith texts relating to hajj in the al-Sunan al-Sittah has been screened and takhrij analysis has been performed. It is found that there are 105 hadith texts that are related to the practice of hajj of the Prophet and maqasid pilgrimage. 98 of them are authentic hadith texts, and 7 are hasan hadith texts. Of these, 49 texts are focusing on various aspects of hajj as done by the Prophet and 56 texts focusing on the maqasid pilgrimage. The …

Kecacatan Sebagai Alasan Membubarkan Perkahwinan Melalui Fasakh Menurut Undang-Undang Keluarga Islam Di Malaysia, R. Abdullah, M. Samah, M.N.H. Mat Hussin

Research Publications (2016 to 2020)

Kesejahteraan subjektif terpenting dalam kehidupan setiap individu yang berumahtangga kerana ianya membawa kepada banyak hasil yang baik dalam kehidupan. Bagaimanapun, isu-isu kecacatan yang muncul secara tiba-tiba tanpa diduga oleh pasangan suami isteri perlu diterima dengan dada terbuka. Kecacatan boleh berlaku sama ada di pihak suami atau isteri. Kajian ini dilakukan bagi melihat sejauhmana kecacatan yang dibincangkan ahli fiqh klasik menepati kecacatan yang berlaku di dalam masyarakat dan bagaimana cara yang disediakan bagi mengatasi gejala tersebut. Maka dengan ini dapat disimpulkan bahawa kecacatan yang dibincangkan ada yang bersifat khusus dan ada yang bersifat umum iaitu tidak dikhususkan kepada penyakit tertentu malah …

Shariah Audit In Islamic Financial Institutions: The Effects Of Spirituality And Moderating Role On Judgement And Decision Making / Yazkhiruni Yahya, Yahya Yazkhiruni

Student Works (2010-2019)

Auditing in the Islamic framework or also known as Islamic auditing has a wider scope than the current practice of auditing. Main objective of auditing from the Islamic perspective is to embrace the Maqasid As – Shariah (Objective of Islamic Principles) as well as to uphold the shariah principles in all practices and process. Shariah auditing requires auditors to judge whether the process and outcomes of audit comply with the Islamic principles, which have a far-reaching implication beyond the usual attestation of current practices of auditing that is to give attestation, assurance of financial statement and internal control of the …

Analisis Perbandingan Keputusan Dewan Syariah Nasional, Majelis Ulama Indonesia Dan Majlis Penasihat Syariah, Suruhanjaya Sekuriti Malaysia Berkaitan Isu-Isu Pasaran Modal Islam / Zulqarnain, - Zulqarnain

Student Works (2010-2019)

Pasaran modal Islam adalah merupakan alternatif pelaburan bagi menjana modal untuk mempertingkatkan ekonomi masyarakat, korporat serta Negara yang sesuai dengan kehendak syarak. Untuk itu, keputusan DSN MUI dan MPS SC merupakan bahagian daripada inovasi hukum dalam tegahan atau mengharuskan melakukan apa sahaja aktiviti pelaburan. Kajian ini fokus pada perbincangan mengenai isu-isu berbangkit pasaran modal Islam dalam aspek penetapan keputusan yang meliputi dasar-dasar penetapan keputusan dan manhaj (metod) istinbat al-hukm yang digunakan serta faktorfaktor yang memberi kesan dan diambil kira dalam penetapan keputusan. Analisis dilakukan menggunakan kaedah kualitatif dengan metod pengumpulan data melalui kepustakaan dan temu bual serta metod analisa data …

Keperluan Dalam Pembangunan Indeks Patuh Syariah Dalam Bidang Pengubatan Alternatif Islam, K. Ahmad

Research Publications (2016 to 2020)

Indeks Patuh Syariah merupakan satu kaedah pengukuran saintifik yang digunakan untuk mengukur dan menilai tahap kepatuhan sesuatu program atau usaha yang dijalankan sama ada menepati piawaian Islam serta mengenalpasti ruang pembaikan yang perlu diberi fokus bagi memenuhi keseluruhan Maqasid Syariah. Bidang pengubatan alternatif Islam adalah salah satu daripada bidang baru berkaitan dengan aspek penjagaan kesihatan bagi kesejahteraan masyarakat. Sehingga hari ini, belum ada satu piawaian yang dibangunkan dalam menilai tahap kepatuhan syariah dalam bidang ini. Artikel ini bertujuan untuk menjelaskan beberapa faktor keperluan kepada pembangunan Indeks Patuh Syariah Pengubatan Alternatif Islam di Malaysia memandangkan perkembangan dan pertumbuhan pusat rawatan berasaskan …