A stochastic mudharabah model for investment in bursa Malaysia syariah counters / Aslina Omar

In Islam, all decisions, activities, policies, strategy and interaction in the economy do not end with the profit or loss only, but are directly related to human relationships. This is also believed in other religions. Hence in the Islamic financial System, the syariah rules are considered in all ec...

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Main Author: Omar, Aslina
Format: Thesis
Language:English
Published: 2013
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Online Access:https://ir.uitm.edu.my/id/eprint/20424/1/TM_ASLINA%20OMAR%20CS%2013_5.pdf
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spelling my-uitm-ir.204242018-07-05T05:51:28Z A stochastic mudharabah model for investment in bursa Malaysia syariah counters / Aslina Omar 2013 Omar, Aslina Investment, capital formation, speculation Finance, Islamic In Islam, all decisions, activities, policies, strategy and interaction in the economy do not end with the profit or loss only, but are directly related to human relationships. This is also believed in other religions. Hence in the Islamic financial System, the syariah rules are considered in all economic activities including investment. Investment is money or capital commitment for the purchase of financial instruments or other assets to recover the benefits in the form of interest income. Most of the investment opportunities offered are interest based but Islamic law strictly prohibits interest or usury, also commonly called riba in Arabic. The prohibition of riba has led to the creation of alternatives schemes for the compensation of investment capital. One of the methods of compensation is by means of profit-sharing and one of the financial contracts that internalize profit sharing is mudharabah. It is an investment partnership in which one party called rab ul mal provides capital while the other party called mudharib brings labor and effort with the provision of profit sharing in some pre-determined proportions. This study derives the new mudharabah investment model by using the stochastic calculus. This model can be used in stock market investment. Based on the results it shows that the new mudharabah investment model is useful in investing in stock market since it has the accurate forecasting stock prices and profit rate. 2013 Thesis https://ir.uitm.edu.my/id/eprint/20424/ https://ir.uitm.edu.my/id/eprint/20424/1/TM_ASLINA%20OMAR%20CS%2013_5.pdf text en public mphil masters Universiti Teknologi MARA Faculty of Computer and Mathematical Sciences
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
topic Investment
capital formation
speculation
Investment
capital formation
speculation
spellingShingle Investment
capital formation
speculation
Investment
capital formation
speculation
Omar, Aslina
A stochastic mudharabah model for investment in bursa Malaysia syariah counters / Aslina Omar
description In Islam, all decisions, activities, policies, strategy and interaction in the economy do not end with the profit or loss only, but are directly related to human relationships. This is also believed in other religions. Hence in the Islamic financial System, the syariah rules are considered in all economic activities including investment. Investment is money or capital commitment for the purchase of financial instruments or other assets to recover the benefits in the form of interest income. Most of the investment opportunities offered are interest based but Islamic law strictly prohibits interest or usury, also commonly called riba in Arabic. The prohibition of riba has led to the creation of alternatives schemes for the compensation of investment capital. One of the methods of compensation is by means of profit-sharing and one of the financial contracts that internalize profit sharing is mudharabah. It is an investment partnership in which one party called rab ul mal provides capital while the other party called mudharib brings labor and effort with the provision of profit sharing in some pre-determined proportions. This study derives the new mudharabah investment model by using the stochastic calculus. This model can be used in stock market investment. Based on the results it shows that the new mudharabah investment model is useful in investing in stock market since it has the accurate forecasting stock prices and profit rate.
format Thesis
qualification_name Master of Philosophy (M.Phil.)
qualification_level Master's degree
author Omar, Aslina
author_facet Omar, Aslina
author_sort Omar, Aslina
title A stochastic mudharabah model for investment in bursa Malaysia syariah counters / Aslina Omar
title_short A stochastic mudharabah model for investment in bursa Malaysia syariah counters / Aslina Omar
title_full A stochastic mudharabah model for investment in bursa Malaysia syariah counters / Aslina Omar
title_fullStr A stochastic mudharabah model for investment in bursa Malaysia syariah counters / Aslina Omar
title_full_unstemmed A stochastic mudharabah model for investment in bursa Malaysia syariah counters / Aslina Omar
title_sort stochastic mudharabah model for investment in bursa malaysia syariah counters / aslina omar
granting_institution Universiti Teknologi MARA
granting_department Faculty of Computer and Mathematical Sciences
publishDate 2013
url https://ir.uitm.edu.my/id/eprint/20424/1/TM_ASLINA%20OMAR%20CS%2013_5.pdf
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