A Comparative Study of Gold Investment Account Between Kuwait Finance House Malaysia Berhad and Public Bank Berhad

This research focuses gold investment account which offered by Kuwait Finance House Malaysia Berhad and Public Bank Berhad. This research is to know the comparison of both banks in term of their transaction on gold investment account. Now days, the public realize the importance of gold. So, there ar...

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Main Author:	Nor Syafika, Ridzuan
Format:	Thesis
Language:	eng eng
Published:	2014
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/4040/1/s814579.pdf https://etd.uum.edu.my/4040/2/s814579_abstract.pdf
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id	my-uum-etd.4040
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Shuib, Mohd Sollehudin
topic	HG Finance
spellingShingle	HG Finance Nor Syafika, Ridzuan A Comparative Study of Gold Investment Account Between Kuwait Finance House Malaysia Berhad and Public Bank Berhad
description	This research focuses gold investment account which offered by Kuwait Finance House Malaysia Berhad and Public Bank Berhad. This research is to know the comparison of both banks in term of their transaction on gold investment account. Now days, the public realize the importance of gold. So, there are some banks which offered their product base on gold which known as gold investment account or gold saving account. So far, the one of the emerging popular types of investment in Malaysia today is gold investment because it have a value and known as precious metal. As before, many researchers just do a research base on Dinar gold which is first establish in Kelantan. But, there is a little research on this particular investment product. Since, gold is relates to ribawi items, so it is important to the investor to know how gold is transacted whether it is followed to Shariah guideline or not. The objectives of this research, which is qualitative research methods including content analysis and interviews were used. The study utilized personal interviews with scholars, bank managers and studying books, journals, magazines, newspaper as well as the empirical analysis from the available evidence such as documents published by Fatwa Committee of the National Council for Islamic Religious Affairs Malaysia. The study found that from both banks KFHMB and PBB, there just a few differences based on their transaction. The appearance of subject matter (physical gold) in such contract and way of transaction by on the spot is a main important part to ensure that transaction is really Shariah manner.
format	Thesis
qualification_name	masters
qualification_level	Master's degree
author	Nor Syafika, Ridzuan
author_facet	Nor Syafika, Ridzuan
author_sort	Nor Syafika, Ridzuan
title	A Comparative Study of Gold Investment Account Between Kuwait Finance House Malaysia Berhad and Public Bank Berhad
title_short	A Comparative Study of Gold Investment Account Between Kuwait Finance House Malaysia Berhad and Public Bank Berhad
title_full	A Comparative Study of Gold Investment Account Between Kuwait Finance House Malaysia Berhad and Public Bank Berhad
title_fullStr	A Comparative Study of Gold Investment Account Between Kuwait Finance House Malaysia Berhad and Public Bank Berhad
title_full_unstemmed	A Comparative Study of Gold Investment Account Between Kuwait Finance House Malaysia Berhad and Public Bank Berhad
title_sort	comparative study of gold investment account between kuwait finance house malaysia berhad and public bank berhad
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2014
url	https://etd.uum.edu.my/4040/1/s814579.pdf https://etd.uum.edu.my/4040/2/s814579_abstract.pdf
_version_	1747827669378007040
spelling	my-uum-etd.40402022-08-03T03:34:31Z A Comparative Study of Gold Investment Account Between Kuwait Finance House Malaysia Berhad and Public Bank Berhad 2014-06 Nor Syafika, Ridzuan Shuib, Mohd Sollehudin Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance This research focuses gold investment account which offered by Kuwait Finance House Malaysia Berhad and Public Bank Berhad. This research is to know the comparison of both banks in term of their transaction on gold investment account. Now days, the public realize the importance of gold. So, there are some banks which offered their product base on gold which known as gold investment account or gold saving account. So far, the one of the emerging popular types of investment in Malaysia today is gold investment because it have a value and known as precious metal. As before, many researchers just do a research base on Dinar gold which is first establish in Kelantan. But, there is a little research on this particular investment product. Since, gold is relates to ribawi items, so it is important to the investor to know how gold is transacted whether it is followed to Shariah guideline or not. The objectives of this research, which is qualitative research methods including content analysis and interviews were used. The study utilized personal interviews with scholars, bank managers and studying books, journals, magazines, newspaper as well as the empirical analysis from the available evidence such as documents published by Fatwa Committee of the National Council for Islamic Religious Affairs Malaysia. The study found that from both banks KFHMB and PBB, there just a few differences based on their transaction. The appearance of subject matter (physical gold) in such contract and way of transaction by on the spot is a main important part to ensure that transaction is really Shariah manner. 2014-06 Thesis https://etd.uum.edu.my/4040/ https://etd.uum.edu.my/4040/1/s814579.pdf text eng public https://etd.uum.edu.my/4040/2/s814579_abstract.pdf text eng public masters masters Universiti Utara Malaysia Books Aal-Tarmidhi, M.I.A.I. (n.d.) Al-Jami’ Al-Sahih. Dar Ihya al-Turath al-Arabiyy, Beirut, Lebanon. Abdullah, M.Y. (2012) Pelaksanaan Akaun Pelaburan Emas Menurut Perspektif Ekonomi Islam: Kajian di Kuwait Finance House (Malaysia) Berhad/ KFHMB/. Universiti Malaya. Ahmad, A.U.F and Hassan, K. (n.d). Riba and Islamic Banking. University of Western Sydney. Journal of Islamic Economics, Banking and Finance. Ahmad, A.U.F. 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A Comparative Study of Gold Investment Account Between Kuwait Finance House Malaysia Berhad and Public Bank Berhad

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