As of 2020, Malaysia had 12 family/life Takaful companies but only three -Syarikat Takaful Ikhlas... more As of 2020, Malaysia had 12 family/life Takaful companies but only three -Syarikat Takaful Ikhlas Family Berhad, Etiqa Takaful Company, and Zurich Takaful Malaysia Berhad -offered waqf through the death compensation scheme in their Takaful products, presenting an alternative to the traditional Takaful-Hiba scheme. However, the standard of implementing the concept was inconsistent and it required not only a good governance standard framework but also well-experienced people to manage the Waqf in Takaful through this death compensation scheme. Therefore, this study investigates the influence of experience and training of Takaful agents towards the implementation of Waqf-Takaful Compensation Governance in Malaysia. This study used a quantitative approach using a developed checklist for the Waqf-Takaful Compensation Governance Index (WTCGI) on 106 Takaful agents. Structural Equation Modelling (AMOS) was employed to assess the measuring and structural models. The result shows that well-trained Takaful agents have a significant positive relationship with WTCGI but the experience of the Takaful agents has no significant relationship with the Waqf -Takaful Compensation Governance Model. Therefore, it can be concluded that well-trained Takaful agents are the key influence that helps the company to sustain good governance for the Waqf-Takaful Model in most family/life Takaful companies in Malaysia.
Lembaga Zakat Negeri Kedah (LZNK) telah memperkenalkan pelbagai bentuk bantuan kepada golongan as... more Lembaga Zakat Negeri Kedah (LZNK) telah memperkenalkan pelbagai bentuk bantuan kepada golongan asnaf miskin terutamanya bantuan perniagaan yang dinamakan Skim bantuan Jayadiri bertujuan memberikan bantuan modal kepada perniagaan kecil-kecilan mereka. Melalui bantuan ini diharapkan golongan asnaf miskin berupaya menjalankan kegiatan perniagaan untuk menyara kehidupan mereka dan sekaligus mampu menjana sumber pendapatan yang stabil serta mampu mengubah taraf asnaf kepada pembayar zakat. Justeru, artikel konseptual ini akan mengkaji peranan dan keberkesanan skim Jayadiri dari sudut ekonomi. Kajian ini memilih Negeri Kedah Darul Aman untuk menganalisis keberkesanan program Jayadiri, yang merupakan salah satu program yang dimulakan oleh Lembaga Zakat Negeri Kedah (LZNK). Dua kaedah akan digunakan untuk tujuan analisis dan mengukur objektif soalan kajian iaitu ANCOVA dan kadar nisab. Di samping itu, faktorfaktor lain juga dikaji yang boleh memberi kesan kepada perubahan pendapatan penerima zakat seperti keadaan kesihatan, taraf pendidikan, umur, lokasi, sikap dan pemantauan. Akhir sekali kajian juga akan menjurus kepada kemampanan program Jayadiri melalui dua keadaan yang berbeza; peralatan dan keadaan hidup penerima zakat. Kata kuncizakat, skim Jayadiri, bantuan zakat) I.
Takaful is an Islamic insurance system that follows Shariah rules, avoiding prohibited elements s... more Takaful is an Islamic insurance system that follows Shariah rules, avoiding prohibited elements such as interest, gambling, and uncertainty.Waqf involves transferring property ownership for the benefit of Allah SWT, allowing its use without physical loss to the beneficiary.Presently,only four takaful companies provide the chance for takaful participants to endow death compensation through waqf instruments, namely, Takaful Ikhlas Family Berhad, Etiqa Takaful Berhad, Zurich Takaful Malaysia Berhadand Great Eastern Takaful Berhad.Besides problems in managing waqf, the takaful companies also vary in their waqf contributions to religious institutions, and they often overlook the concept of Maqasid Shariah.Hence, this study was carried out to critically analyze the waqf death compensation through takaful products in Malaysia according to the perspective of Maqasid Shariah. This study adopts a qualitative method, collecting data from interviews with selected takaful operators and secondary...
International Journal of Academic Research in Business and Social Sciences
Sustainable Development Goals (SDGs) listed Quality Education and lifelong learning as Goal 4 fro... more Sustainable Development Goals (SDGs) listed Quality Education and lifelong learning as Goal 4 from intersectional and integrated 17 goals. Rural libraries have been serving the local communities since 2005 as lifelong learning agents that offer various services including Information Literacy Programme which will improve self-development skills in reading by the public on a daily basis. The frequencies of the programme done by rural libraries and facilities provided might influence and contribute to the lifelong learning process. sThis study will investigate the impact of the Information Literacy Programme done by rural libraries to the rural communities' lifelong learning. Closed-ended questionnaires will be distributed to 125 rural libraries in Northern Region of Malaysia as targeted respondents. Collected data will be analysed using SPSS and the findings will encourage stakeholders to upgrade and improve the services and facilities in rural libraries.
International Journal of Academic Research in Business and Social Sciences
The paper attempts to develop the Islamic Corporate Social Responsibility (i-CSR) Disclosure inde... more The paper attempts to develop the Islamic Corporate Social Responsibility (i-CSR) Disclosure index for Shari'ah Compliant Companies (ShCC) in Malaysia. The i-CSR disclosure index was constructed based on the four themes of CSR framework that was established by Bursa Malaysia in 2006, namely, marketplace, workplace, environment and community. In addition to existing CSR framework, this study incorporated the five values of Maqasid Shari'ah namely protection of faith (al-din), protection of human life (al-nafs), protection of intellect (al-aql), protection of posterity (al-nasl) and protection of wealth (al-mal).and Maslahah namely essential (daruriyyat), complementary (hajiyyat) and embellishment (tahsiniyyat). The items of the four themes were developed based on the previous study, annual report of Middle East countries, annual report of the Prime Minister's CSR Award and National Annual Corporate Report Awards (NACRA). All of the mandatory items required by the approved Accounting Standards, Companies Act, 1965 and Bursa Malaysia Listing Requirement were eliminated in the i-CSR index. A checklist of ninety-three (93) items was used in this study after taking into consideration the ten (10) expert opinions, which were from the regulatory board Shari'ah officer from the Islamic Banking and Finance Institute Malaysia (IBFIM), Shari'ah officer from Jabatan Mufti and Majlis Agama Islam, and academicians from accounting and Islamic studies.
Employability is an important key performance indicator for high education institutions. UniSHAMS... more Employability is an important key performance indicator for high education institutions. UniSHAMS as a new high education private university struggle to faced high competitive challenge in education industries with other well-established IPTS and IPTA in Malaysia. The aim of this study is to assess the employability of KUIN graduates who graduate in 2016 by examining the level of employability, job position and government fund of KUIN’s graduates from Islamic studies from 2016 across all sectors in private and public sectors of all industries across Malaysia, and to identify the level of employability, job position and government fund of KUIN’s graduates towards their achievement in education throughout the year (CGPA). The results show that most of the UniSHAMS graduates prefer to work in Professional Education Services and self-employed. Almost 52% graduates employed as full-time workers compared to 32% work as a part-time workers. In order to compete, UniSHAMS need to improve the current programme offer by upgrading them to suit with The Industrial Revolution 4.0, which is introduced by the Ministry of Education such as double degree programme, twining programme with other international universities and joint venture education programme with industries.
International Journal of Academic Research in Business and Social Sciences, 2018
The paper attempts to assess and examine the disclosure of the mechanisms of the corporate govern... more The paper attempts to assess and examine the disclosure of the mechanisms of the corporate governance (CG), namely, board matters, nomination matters, audit matters, remuneration matters, communication matters, and risk management matters, of Shari'ah Compliant Companies (ShCCs) for a six-year period from 2008 until 2013. By using the weighted disclosure analyses approach, CG index was developed. The study examines the annual reports of a sample of 1,122 ShCCs which was selected based on the top 500 firms (by market capitalisation) for 2008 until 2013. In this study, SPSS was applied to assess the CG disclosure. Based on the descriptive analysis, the result indicates a remuneration matters (mean: 0.55) score higher than the other mechanisms; this was followed by audit matters (mean: 0.49). The study also found that, the average disclosure level of ShCCs was relatively low. Hence, the result has important implications for the enhancement of the CG disclosure of ShCC for a wider acceptance and reputation enhancement.
In Malaysia, there is an increasing awareness in Zakat and Waqf among the Muslims community in Ke... more In Malaysia, there is an increasing awareness in Zakat and Waqf among the Muslims community in Kedah. There is no doubt that Zakat and Waqf had contributed a lot in the development of Islamic education among the Muslim communities especially in Pondok institution which has grown drastically nowadays. Nonprofit Organization (NGO) in Kedah is seen to be the main contributor of Zakat and Waqf to support and sustain the financial development of the Muslim community in Islamic education and other various socioeconomics projects. Due to such a scenario, the development of the Zakat and Waqf for education in Pondok Institution in Kedah needs to be monitored to maintain the good practice and governance to ensure this institution will develop and survive in the future. The significance of this research is to examine the effect of zakat and waqf contributed by Nonprofit Organization (NGO) in the establishment the survival of Pondok institution in Kedah. This empirical study includes data collection of 100 Nonprofit Organization (NGO), who actively provide zakat and waqf to the Pondok institution in Kedah. A Pondok Development and Performance Framework will be developed based on the previous study and expert opinion from Majlis Agama Islam, Jakim and NGOs to identify the important element in measuring the performance, sustainability, and survival of Pondok in Kedah. This field studies would provide additional information for the government and public to value the Pondok education and hopefully the roles played by the NGO in managing the zakat and waqf for the development of Pondok institution in Kedah will improve and enhance the development of Islamic education system for the Muslim society into a higher level and respectful way.
International Journal of Academic Research in Business and Social Sciences, 2018
The Pondok Education were getting popular and the number of pondok Institution in Kedah keep incr... more The Pondok Education were getting popular and the number of pondok Institution in Kedah keep increasing year by year. Yayasan Pembangunan Pondok Malaysia (YPPM) clarified that, there were 242 pondok institutions in Malaysia and 61 of them were from Kedah. The existent pondok Institution in Kedah were influenced by the consistency of fund provided by faithful, s inc ere and generous individual and charity agents in Kedah such NGO, Majlis Agama (Local Government), Private and Public Companies. The drastic development of pondok Institution in Kedah required the government to seriously monitor the progress level of each pondok institution consistently using a standard index measuring the survivability of undeveloped pondok and the sustainability of the well-developed pondok institution in Kedah. The developed and underdeveloped pondok were not only relied on the number of fund received (financial sources capability) only but also from other aspect such infrastructure and facilities provided, quality of human capital development and effectiveness of pondok governance system. Therefore this study will combine the 4 important elements; Financial Management Matters, Governance Matters, Facilities Matters and Human Capital Matters into an Sustainability and Survivability Index of pondok institution in Kedah by using dichotomous score to randomly selected 25 pondok institution in north and 25 pondok institution in the south of Kedah from the year 2012 until 2016. This study will provide useful information to the public , government agency including NGO and the index developed in this study will be the measuring tool to evaluate the strength and improved the weaknesses of the pondok institution in Kedah so that this pondok institution will continuously produce a high quality Islamic education for the benefit of the Ummah.
The paper attempts to assess the level of Islamic corporate social responsibility (i-CSR) disclos... more The paper attempts to assess the level of Islamic corporate social responsibility (i-CSR) disclosure for the Shari’ah Compliant Companies (ShCCs) and to examine the relationship between the corporate ethical identity (CEI) of the ShCCs with the i-CSR disclosure. In doing so, the study developed an i-CSR disclosure index that was based on the CSR framework introduced by Bursa Malaysia in 2006 and incorporated it with the five values of Maqasid Shari’ah and Maslahah. In addition, this study employed the CEI index that was developed by Haniffa and Hudaib (Account Commer Financ: Islam Perspect J 6(1/2):1–71, 2007) and Said, Daud, Radjeman and Ismail (Procedia Econ Financ 7(Icebr):230–235, 2013). The content analysis was used in the study and a sample of 187 ShCC annual reports for the years ended 2008 until 2013 were used. In this study, the STATA was applied to assess the level of i-CSR disclosure and to test the relationship between CEI and i-CSR disclosure. Based on the descriptive a...
Abstrak— Lembaga Zakat Negeri Kedah (LZNK) telah memperkenalkan pelbagai bentuk bantuan kepada go... more Abstrak— Lembaga Zakat Negeri Kedah (LZNK) telah memperkenalkan pelbagai bentuk bantuan kepada golongan asnaf miskin terutamanya bantuan perniagaan yang dinamakan Skim bantuan Jayadiri bertujuan memberikan bantuan modal kepada perniagaan kecil-kecilan mereka. Melalui bantuan ini diharapkan golongan asnaf miskin berupaya menjalankan kegiatan perniagaan untuk menyara kehidupan mereka dan sekaligus mampu menjana sumber pendapatan yang stabil serta mampu mengubah taraf asnaf kepada pembayar zakat. Justeru, artikel konseptual ini akan mengkaji peranan dan keberkesanan skim Jayadiri dari sudut ekonomi. Kajian ini memilih Negeri Kedah Darul Aman untuk menganalisis keberkesanan program Jayadiri, yang merupakan salah satu program yang dimulakan oleh Lembaga Zakat Negeri Kedah (LZNK). Dua kaedah akan digunakan untuk tujuan analisis dan mengukur objektif soalan kajian iaitu ANCOVA dan kadar nisab. Di samping itu, faktorfaktor lain juga dikaji yang boleh memberi kesan kepada perubahan pendapata...
Malaysian Code of Corporate Governance (MCCG) had provide a standard guideline for the companies ... more Malaysian Code of Corporate Governance (MCCG) had provide a standard guideline for the companies to strengthen the boards of directors accountabilities and transparent in disclosing their financial information to the shareholders. Numerous studies have been done to studies the relationship between corporate governance and performance but the result still inconclusive. This study aim to identify the effect of moderator proxy by concentration ownership would strengthen the relationship between Board Governance Mechanism Index (BGMI) and performance proxy by Tobin Q of Malaysian companies listed on Bursa Malaysia. Data were gathered from 218 Malaysian public listed companies started from 2009 until 2013 using the STATA in testing the research hypotheses. There were six dimension of corporate governance mechanism index matters were developed in this study by adopting and adapting the Corporate Governance Index and governance scorecard developed by Minority shareholders Watchdog Group (M...
As of 2020, Malaysia had 12 family/life Takaful companies but only three -Syarikat Takaful Ikhlas... more As of 2020, Malaysia had 12 family/life Takaful companies but only three -Syarikat Takaful Ikhlas Family Berhad, Etiqa Takaful Company, and Zurich Takaful Malaysia Berhad -offered waqf through the death compensation scheme in their Takaful products, presenting an alternative to the traditional Takaful-Hiba scheme. However, the standard of implementing the concept was inconsistent and it required not only a good governance standard framework but also well-experienced people to manage the Waqf in Takaful through this death compensation scheme. Therefore, this study investigates the influence of experience and training of Takaful agents towards the implementation of Waqf-Takaful Compensation Governance in Malaysia. This study used a quantitative approach using a developed checklist for the Waqf-Takaful Compensation Governance Index (WTCGI) on 106 Takaful agents. Structural Equation Modelling (AMOS) was employed to assess the measuring and structural models. The result shows that well-trained Takaful agents have a significant positive relationship with WTCGI but the experience of the Takaful agents has no significant relationship with the Waqf -Takaful Compensation Governance Model. Therefore, it can be concluded that well-trained Takaful agents are the key influence that helps the company to sustain good governance for the Waqf-Takaful Model in most family/life Takaful companies in Malaysia.
Lembaga Zakat Negeri Kedah (LZNK) telah memperkenalkan pelbagai bentuk bantuan kepada golongan as... more Lembaga Zakat Negeri Kedah (LZNK) telah memperkenalkan pelbagai bentuk bantuan kepada golongan asnaf miskin terutamanya bantuan perniagaan yang dinamakan Skim bantuan Jayadiri bertujuan memberikan bantuan modal kepada perniagaan kecil-kecilan mereka. Melalui bantuan ini diharapkan golongan asnaf miskin berupaya menjalankan kegiatan perniagaan untuk menyara kehidupan mereka dan sekaligus mampu menjana sumber pendapatan yang stabil serta mampu mengubah taraf asnaf kepada pembayar zakat. Justeru, artikel konseptual ini akan mengkaji peranan dan keberkesanan skim Jayadiri dari sudut ekonomi. Kajian ini memilih Negeri Kedah Darul Aman untuk menganalisis keberkesanan program Jayadiri, yang merupakan salah satu program yang dimulakan oleh Lembaga Zakat Negeri Kedah (LZNK). Dua kaedah akan digunakan untuk tujuan analisis dan mengukur objektif soalan kajian iaitu ANCOVA dan kadar nisab. Di samping itu, faktorfaktor lain juga dikaji yang boleh memberi kesan kepada perubahan pendapatan penerima zakat seperti keadaan kesihatan, taraf pendidikan, umur, lokasi, sikap dan pemantauan. Akhir sekali kajian juga akan menjurus kepada kemampanan program Jayadiri melalui dua keadaan yang berbeza; peralatan dan keadaan hidup penerima zakat. Kata kuncizakat, skim Jayadiri, bantuan zakat) I.
Takaful is an Islamic insurance system that follows Shariah rules, avoiding prohibited elements s... more Takaful is an Islamic insurance system that follows Shariah rules, avoiding prohibited elements such as interest, gambling, and uncertainty.Waqf involves transferring property ownership for the benefit of Allah SWT, allowing its use without physical loss to the beneficiary.Presently,only four takaful companies provide the chance for takaful participants to endow death compensation through waqf instruments, namely, Takaful Ikhlas Family Berhad, Etiqa Takaful Berhad, Zurich Takaful Malaysia Berhadand Great Eastern Takaful Berhad.Besides problems in managing waqf, the takaful companies also vary in their waqf contributions to religious institutions, and they often overlook the concept of Maqasid Shariah.Hence, this study was carried out to critically analyze the waqf death compensation through takaful products in Malaysia according to the perspective of Maqasid Shariah. This study adopts a qualitative method, collecting data from interviews with selected takaful operators and secondary...
International Journal of Academic Research in Business and Social Sciences
Sustainable Development Goals (SDGs) listed Quality Education and lifelong learning as Goal 4 fro... more Sustainable Development Goals (SDGs) listed Quality Education and lifelong learning as Goal 4 from intersectional and integrated 17 goals. Rural libraries have been serving the local communities since 2005 as lifelong learning agents that offer various services including Information Literacy Programme which will improve self-development skills in reading by the public on a daily basis. The frequencies of the programme done by rural libraries and facilities provided might influence and contribute to the lifelong learning process. sThis study will investigate the impact of the Information Literacy Programme done by rural libraries to the rural communities' lifelong learning. Closed-ended questionnaires will be distributed to 125 rural libraries in Northern Region of Malaysia as targeted respondents. Collected data will be analysed using SPSS and the findings will encourage stakeholders to upgrade and improve the services and facilities in rural libraries.
International Journal of Academic Research in Business and Social Sciences
The paper attempts to develop the Islamic Corporate Social Responsibility (i-CSR) Disclosure inde... more The paper attempts to develop the Islamic Corporate Social Responsibility (i-CSR) Disclosure index for Shari'ah Compliant Companies (ShCC) in Malaysia. The i-CSR disclosure index was constructed based on the four themes of CSR framework that was established by Bursa Malaysia in 2006, namely, marketplace, workplace, environment and community. In addition to existing CSR framework, this study incorporated the five values of Maqasid Shari'ah namely protection of faith (al-din), protection of human life (al-nafs), protection of intellect (al-aql), protection of posterity (al-nasl) and protection of wealth (al-mal).and Maslahah namely essential (daruriyyat), complementary (hajiyyat) and embellishment (tahsiniyyat). The items of the four themes were developed based on the previous study, annual report of Middle East countries, annual report of the Prime Minister's CSR Award and National Annual Corporate Report Awards (NACRA). All of the mandatory items required by the approved Accounting Standards, Companies Act, 1965 and Bursa Malaysia Listing Requirement were eliminated in the i-CSR index. A checklist of ninety-three (93) items was used in this study after taking into consideration the ten (10) expert opinions, which were from the regulatory board Shari'ah officer from the Islamic Banking and Finance Institute Malaysia (IBFIM), Shari'ah officer from Jabatan Mufti and Majlis Agama Islam, and academicians from accounting and Islamic studies.
Employability is an important key performance indicator for high education institutions. UniSHAMS... more Employability is an important key performance indicator for high education institutions. UniSHAMS as a new high education private university struggle to faced high competitive challenge in education industries with other well-established IPTS and IPTA in Malaysia. The aim of this study is to assess the employability of KUIN graduates who graduate in 2016 by examining the level of employability, job position and government fund of KUIN’s graduates from Islamic studies from 2016 across all sectors in private and public sectors of all industries across Malaysia, and to identify the level of employability, job position and government fund of KUIN’s graduates towards their achievement in education throughout the year (CGPA). The results show that most of the UniSHAMS graduates prefer to work in Professional Education Services and self-employed. Almost 52% graduates employed as full-time workers compared to 32% work as a part-time workers. In order to compete, UniSHAMS need to improve the current programme offer by upgrading them to suit with The Industrial Revolution 4.0, which is introduced by the Ministry of Education such as double degree programme, twining programme with other international universities and joint venture education programme with industries.
International Journal of Academic Research in Business and Social Sciences, 2018
The paper attempts to assess and examine the disclosure of the mechanisms of the corporate govern... more The paper attempts to assess and examine the disclosure of the mechanisms of the corporate governance (CG), namely, board matters, nomination matters, audit matters, remuneration matters, communication matters, and risk management matters, of Shari'ah Compliant Companies (ShCCs) for a six-year period from 2008 until 2013. By using the weighted disclosure analyses approach, CG index was developed. The study examines the annual reports of a sample of 1,122 ShCCs which was selected based on the top 500 firms (by market capitalisation) for 2008 until 2013. In this study, SPSS was applied to assess the CG disclosure. Based on the descriptive analysis, the result indicates a remuneration matters (mean: 0.55) score higher than the other mechanisms; this was followed by audit matters (mean: 0.49). The study also found that, the average disclosure level of ShCCs was relatively low. Hence, the result has important implications for the enhancement of the CG disclosure of ShCC for a wider acceptance and reputation enhancement.
In Malaysia, there is an increasing awareness in Zakat and Waqf among the Muslims community in Ke... more In Malaysia, there is an increasing awareness in Zakat and Waqf among the Muslims community in Kedah. There is no doubt that Zakat and Waqf had contributed a lot in the development of Islamic education among the Muslim communities especially in Pondok institution which has grown drastically nowadays. Nonprofit Organization (NGO) in Kedah is seen to be the main contributor of Zakat and Waqf to support and sustain the financial development of the Muslim community in Islamic education and other various socioeconomics projects. Due to such a scenario, the development of the Zakat and Waqf for education in Pondok Institution in Kedah needs to be monitored to maintain the good practice and governance to ensure this institution will develop and survive in the future. The significance of this research is to examine the effect of zakat and waqf contributed by Nonprofit Organization (NGO) in the establishment the survival of Pondok institution in Kedah. This empirical study includes data collection of 100 Nonprofit Organization (NGO), who actively provide zakat and waqf to the Pondok institution in Kedah. A Pondok Development and Performance Framework will be developed based on the previous study and expert opinion from Majlis Agama Islam, Jakim and NGOs to identify the important element in measuring the performance, sustainability, and survival of Pondok in Kedah. This field studies would provide additional information for the government and public to value the Pondok education and hopefully the roles played by the NGO in managing the zakat and waqf for the development of Pondok institution in Kedah will improve and enhance the development of Islamic education system for the Muslim society into a higher level and respectful way.
International Journal of Academic Research in Business and Social Sciences, 2018
The Pondok Education were getting popular and the number of pondok Institution in Kedah keep incr... more The Pondok Education were getting popular and the number of pondok Institution in Kedah keep increasing year by year. Yayasan Pembangunan Pondok Malaysia (YPPM) clarified that, there were 242 pondok institutions in Malaysia and 61 of them were from Kedah. The existent pondok Institution in Kedah were influenced by the consistency of fund provided by faithful, s inc ere and generous individual and charity agents in Kedah such NGO, Majlis Agama (Local Government), Private and Public Companies. The drastic development of pondok Institution in Kedah required the government to seriously monitor the progress level of each pondok institution consistently using a standard index measuring the survivability of undeveloped pondok and the sustainability of the well-developed pondok institution in Kedah. The developed and underdeveloped pondok were not only relied on the number of fund received (financial sources capability) only but also from other aspect such infrastructure and facilities provided, quality of human capital development and effectiveness of pondok governance system. Therefore this study will combine the 4 important elements; Financial Management Matters, Governance Matters, Facilities Matters and Human Capital Matters into an Sustainability and Survivability Index of pondok institution in Kedah by using dichotomous score to randomly selected 25 pondok institution in north and 25 pondok institution in the south of Kedah from the year 2012 until 2016. This study will provide useful information to the public , government agency including NGO and the index developed in this study will be the measuring tool to evaluate the strength and improved the weaknesses of the pondok institution in Kedah so that this pondok institution will continuously produce a high quality Islamic education for the benefit of the Ummah.
The paper attempts to assess the level of Islamic corporate social responsibility (i-CSR) disclos... more The paper attempts to assess the level of Islamic corporate social responsibility (i-CSR) disclosure for the Shari’ah Compliant Companies (ShCCs) and to examine the relationship between the corporate ethical identity (CEI) of the ShCCs with the i-CSR disclosure. In doing so, the study developed an i-CSR disclosure index that was based on the CSR framework introduced by Bursa Malaysia in 2006 and incorporated it with the five values of Maqasid Shari’ah and Maslahah. In addition, this study employed the CEI index that was developed by Haniffa and Hudaib (Account Commer Financ: Islam Perspect J 6(1/2):1–71, 2007) and Said, Daud, Radjeman and Ismail (Procedia Econ Financ 7(Icebr):230–235, 2013). The content analysis was used in the study and a sample of 187 ShCC annual reports for the years ended 2008 until 2013 were used. In this study, the STATA was applied to assess the level of i-CSR disclosure and to test the relationship between CEI and i-CSR disclosure. Based on the descriptive a...
Abstrak— Lembaga Zakat Negeri Kedah (LZNK) telah memperkenalkan pelbagai bentuk bantuan kepada go... more Abstrak— Lembaga Zakat Negeri Kedah (LZNK) telah memperkenalkan pelbagai bentuk bantuan kepada golongan asnaf miskin terutamanya bantuan perniagaan yang dinamakan Skim bantuan Jayadiri bertujuan memberikan bantuan modal kepada perniagaan kecil-kecilan mereka. Melalui bantuan ini diharapkan golongan asnaf miskin berupaya menjalankan kegiatan perniagaan untuk menyara kehidupan mereka dan sekaligus mampu menjana sumber pendapatan yang stabil serta mampu mengubah taraf asnaf kepada pembayar zakat. Justeru, artikel konseptual ini akan mengkaji peranan dan keberkesanan skim Jayadiri dari sudut ekonomi. Kajian ini memilih Negeri Kedah Darul Aman untuk menganalisis keberkesanan program Jayadiri, yang merupakan salah satu program yang dimulakan oleh Lembaga Zakat Negeri Kedah (LZNK). Dua kaedah akan digunakan untuk tujuan analisis dan mengukur objektif soalan kajian iaitu ANCOVA dan kadar nisab. Di samping itu, faktorfaktor lain juga dikaji yang boleh memberi kesan kepada perubahan pendapata...
Malaysian Code of Corporate Governance (MCCG) had provide a standard guideline for the companies ... more Malaysian Code of Corporate Governance (MCCG) had provide a standard guideline for the companies to strengthen the boards of directors accountabilities and transparent in disclosing their financial information to the shareholders. Numerous studies have been done to studies the relationship between corporate governance and performance but the result still inconclusive. This study aim to identify the effect of moderator proxy by concentration ownership would strengthen the relationship between Board Governance Mechanism Index (BGMI) and performance proxy by Tobin Q of Malaysian companies listed on Bursa Malaysia. Data were gathered from 218 Malaysian public listed companies started from 2009 until 2013 using the STATA in testing the research hypotheses. There were six dimension of corporate governance mechanism index matters were developed in this study by adopting and adapting the Corporate Governance Index and governance scorecard developed by Minority shareholders Watchdog Group (M...
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