Modelling musyarakah investment of n parties for waqf institution / Nurmuntazah Mohd Mukhlil

Waqf lands have great potential for development but unfortunately waqf institutions do not have enough fund to develop waqf lands. One way to raise the fund is by gathering capital by capital providers and this capital can be invested to generate profits. This capital can be invested using musyaraka...

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Bibliographic Details
Main Author:	Mohd Mukhlil, Nurmuntazah
Format:	Thesis
Language:	English
Published:	2016
Subjects:	Waqf Awqāf Charities Endowments
Online Access:	https://ir.uitm.edu.my/id/eprint/73244/1/73244.pdf
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id	my-uitm-ir.73244
record_format	uketd_dc
spelling	my-uitm-ir.732442023-03-20T04:52:54Z Modelling musyarakah investment of n parties for waqf institution / Nurmuntazah Mohd Mukhlil 2016 Mohd Mukhlil, Nurmuntazah Waqf. Awqāf. Charities. Endowments Strategic alliances. Business networks Waqf lands have great potential for development but unfortunately waqf institutions do not have enough fund to develop waqf lands. One way to raise the fund is by gathering capital by capital providers and this capital can be invested to generate profits. This capital can be invested using musyarakah model. Musyarakah model is the agreement between partnership that will share capital and profit together through the business of joint venture. Part of the profit gain from the investment will be contributed to waqf institutions. This study develops the musyarakah model for n parties which is the extended of the model for three parties that has been developed by Nurul (2015). The mathematical concept involved in calculating the profit based on musyarakah model are matrix theory, matrix exponential and Cayley-Hamilton Theorem. Maple 18 software is used to calculate determinant and to solve system of equation in matrix form. The calculator for calculating profit was musyarakah model for n parties was developed so that any user without mathematical background will still be able to calculate the profit gain and the amount of contribution to waqf institutions from the profit gained by the capital providers. This idea of gathering fund can also be used by other non profit organization. 2016 Thesis https://ir.uitm.edu.my/id/eprint/73244/ https://ir.uitm.edu.my/id/eprint/73244/1/73244.pdf text en public masters Universiti Teknologi MARA (UiTM) Faculty of Computer and Mathematical Sciences Abd Wahab, Zubaidah
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Abd Wahab, Zubaidah
topic	Waqf Awqāf Charities Endowments Waqf Awqāf Charities Endowments
spellingShingle	Waqf Awqāf Charities Endowments Waqf Awqāf Charities Endowments Mohd Mukhlil, Nurmuntazah Modelling musyarakah investment of n parties for waqf institution / Nurmuntazah Mohd Mukhlil
description	Waqf lands have great potential for development but unfortunately waqf institutions do not have enough fund to develop waqf lands. One way to raise the fund is by gathering capital by capital providers and this capital can be invested to generate profits. This capital can be invested using musyarakah model. Musyarakah model is the agreement between partnership that will share capital and profit together through the business of joint venture. Part of the profit gain from the investment will be contributed to waqf institutions. This study develops the musyarakah model for n parties which is the extended of the model for three parties that has been developed by Nurul (2015). The mathematical concept involved in calculating the profit based on musyarakah model are matrix theory, matrix exponential and Cayley-Hamilton Theorem. Maple 18 software is used to calculate determinant and to solve system of equation in matrix form. The calculator for calculating profit was musyarakah model for n parties was developed so that any user without mathematical background will still be able to calculate the profit gain and the amount of contribution to waqf institutions from the profit gained by the capital providers. This idea of gathering fund can also be used by other non profit organization.
format	Thesis
qualification_level	Master's degree
author	Mohd Mukhlil, Nurmuntazah
author_facet	Mohd Mukhlil, Nurmuntazah
author_sort	Mohd Mukhlil, Nurmuntazah
title	Modelling musyarakah investment of n parties for waqf institution / Nurmuntazah Mohd Mukhlil
title_short	Modelling musyarakah investment of n parties for waqf institution / Nurmuntazah Mohd Mukhlil
title_full	Modelling musyarakah investment of n parties for waqf institution / Nurmuntazah Mohd Mukhlil
title_fullStr	Modelling musyarakah investment of n parties for waqf institution / Nurmuntazah Mohd Mukhlil
title_full_unstemmed	Modelling musyarakah investment of n parties for waqf institution / Nurmuntazah Mohd Mukhlil
title_sort	modelling musyarakah investment of n parties for waqf institution / nurmuntazah mohd mukhlil
granting_institution	Universiti Teknologi MARA (UiTM)
granting_department	Faculty of Computer and Mathematical Sciences
publishDate	2016
url	https://ir.uitm.edu.my/id/eprint/73244/1/73244.pdf
_version_	1783735969144373248

Modelling musyarakah investment of n parties for waqf institution / Nurmuntazah Mohd Mukhlil

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