Wealth creation and distribution through shariah-compliant firms

(The aspirations of Islamic investors to participate in the stock market in Malaysia were brought to realization by the inception of the Kuala Lumpur Shariah Index (KLSI) in 1999. This study is undertaken to investigate the impacts of compliance to Shariah rules on firms' performance focusing...

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Main Author: Rabuan, Mantine
Format: Thesis
Language:English
Published: 2013
Subjects:
Online Access:http://ir.unimas.my/id/eprint/25320/1/Rabuan%20Mantine%20ft.pdf
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spelling my-unimas-ir.253202023-07-03T07:37:32Z Wealth creation and distribution through shariah-compliant firms 2013 Rabuan, Mantine BP Islam. Bahaism. Theosophy, etc K Law (General) (The aspirations of Islamic investors to participate in the stock market in Malaysia were brought to realization by the inception of the Kuala Lumpur Shariah Index (KLSI) in 1999. This study is undertaken to investigate the impacts of compliance to Shariah rules on firms' performance focusing on their wealth creation capacities and wealth distribution propensities. Shariah-compliant firms refer to the firms included in the KLSI for complying to Shariah rules in financial and business transaction~ Previous studies analyzing such performance made comparison between Shariahcompliant firms, funds or indices with their conventional counterparts. However, in this study the comparison is made between the firms' pre- and post-Shariah compliance performance or vice versa in reference to their inclusion in or exclusion from the Islamic index in Bursa Malaysia, thus avoiding the "survival bias' phenomenon of previous studies. Universiti Malaysia Sarawak (UNIMAS) 2013 Thesis http://ir.unimas.my/id/eprint/25320/ http://ir.unimas.my/id/eprint/25320/1/Rabuan%20Mantine%20ft.pdf text en validuser phd doctoral Universiti Malaysia Sarawak Faculty of Economic and Business
institution Universiti Malaysia Sarawak
collection UNIMAS Institutional Repository
language English
topic BP Islam
Bahaism
Theosophy, etc
K Law (General)
spellingShingle BP Islam
Bahaism
Theosophy, etc
K Law (General)
Rabuan, Mantine
Wealth creation and distribution through shariah-compliant firms
description (The aspirations of Islamic investors to participate in the stock market in Malaysia were brought to realization by the inception of the Kuala Lumpur Shariah Index (KLSI) in 1999. This study is undertaken to investigate the impacts of compliance to Shariah rules on firms' performance focusing on their wealth creation capacities and wealth distribution propensities. Shariah-compliant firms refer to the firms included in the KLSI for complying to Shariah rules in financial and business transaction~ Previous studies analyzing such performance made comparison between Shariahcompliant firms, funds or indices with their conventional counterparts. However, in this study the comparison is made between the firms' pre- and post-Shariah compliance performance or vice versa in reference to their inclusion in or exclusion from the Islamic index in Bursa Malaysia, thus avoiding the "survival bias' phenomenon of previous studies.
format Thesis
qualification_name Doctor of Philosophy (PhD.)
qualification_level Doctorate
author Rabuan, Mantine
author_facet Rabuan, Mantine
author_sort Rabuan, Mantine
title Wealth creation and distribution through shariah-compliant firms
title_short Wealth creation and distribution through shariah-compliant firms
title_full Wealth creation and distribution through shariah-compliant firms
title_fullStr Wealth creation and distribution through shariah-compliant firms
title_full_unstemmed Wealth creation and distribution through shariah-compliant firms
title_sort wealth creation and distribution through shariah-compliant firms
granting_institution Universiti Malaysia Sarawak
granting_department Faculty of Economic and Business
publishDate 2013
url http://ir.unimas.my/id/eprint/25320/1/Rabuan%20Mantine%20ft.pdf
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