Determinants of selection shariah compliant investment: Among private sector employees in Kota Setar, Kedah

A Shariah-compliant investment is a collective investment fund that offers investors the opportunity to invest in a diversified portfolio of Shariah-compliant shares and fixed-income securities, as well as other Shariah-compliant money market instruments. Investment provides many benefit to the inve...

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Main Author:	Nurusyuhada, Othman
Format:	Thesis
Language:	eng eng
Published:	2021
Subjects:	BP174 The practice of Islam HD61 Risk Management HF5001-6182 Business HG Finance
Online Access:	https://etd.uum.edu.my/9659/1/s824932_01.pdf https://etd.uum.edu.my/9659/2/s824932_02.pdf
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id	my-uum-etd.9659
record_format	uketd_dc
spelling	my-uum-etd.96592024-03-17T06:24:41Z Determinants of selection shariah compliant investment: Among private sector employees in Kota Setar, Kedah 2021 Nurusyuhada, Othman Mat Nor, Alias Islamic Business School Islamic Business School BP174 The practice of Islam HD61 Risk Management HF5001-6182 Business HG Finance A Shariah-compliant investment is a collective investment fund that offers investors the opportunity to invest in a diversified portfolio of Shariah-compliant shares and fixed-income securities, as well as other Shariah-compliant money market instruments. Investment provides many benefit to the investor in creating a wealth. The problem is that they frequently have difficulties selecting Shariah compliant investment. The goal of this research is to look into the concept of investing in Islam, specifically from the perspective of Maqasid Shariah. Besides that, this study also aims to identify the factors that contribute to the selection Shariah compliant investment among private sector employees and to determine factors that influence the level of selecting Shariah compliant investment. This study's approach includes distribution of questionnaires to private sector employees in Kota Setar, Kedah, who are having difficulty choosing Shariah-compliant investments. An exploratory factor analysis using Statistical Package for the Social Science (SPSS) programme version 26 were used to analyse the data. Theory Reasoned Action (TRA) is a psychological theory that seeks to explain individual actions by identifying the causal connections between various variables: religiosity, Islamic financial literacy, financial attitude, investment risk and awareness. The findings reveal that Islam permits investing if it benefits the individual and satisfies his or her requirements at a specific period. Wealth management could be a tool to attain the essentials in Maqasid Shariah (al-daruriyyah).Wealth management to achieve the complementary (al-Hajiyyat) and Wealth management to achieve the embellishments or luxuries (al-Tahsiniyyat). Other than that, there are five factors that contribute to the level of selection Shariah compliant investment among private sector in Kota Setar, Kedah. The factors extracted from the factor analysis are religiosity, Islamic financial literacy, financial attitude, investment risk and also awareness. 2021 Thesis https://etd.uum.edu.my/9659/ https://etd.uum.edu.my/9659/1/s824932_01.pdf text eng public https://etd.uum.edu.my/9659/2/s824932_02.pdf text eng public other masters Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
advisor	Mat Nor, Alias
topic	BP174 The practice of Islam HD61 Risk Management HF5001-6182 Business HG Finance
spellingShingle	BP174 The practice of Islam HD61 Risk Management HF5001-6182 Business HG Finance Nurusyuhada, Othman Determinants of selection shariah compliant investment: Among private sector employees in Kota Setar, Kedah
description	A Shariah-compliant investment is a collective investment fund that offers investors the opportunity to invest in a diversified portfolio of Shariah-compliant shares and fixed-income securities, as well as other Shariah-compliant money market instruments. Investment provides many benefit to the investor in creating a wealth. The problem is that they frequently have difficulties selecting Shariah compliant investment. The goal of this research is to look into the concept of investing in Islam, specifically from the perspective of Maqasid Shariah. Besides that, this study also aims to identify the factors that contribute to the selection Shariah compliant investment among private sector employees and to determine factors that influence the level of selecting Shariah compliant investment. This study's approach includes distribution of questionnaires to private sector employees in Kota Setar, Kedah, who are having difficulty choosing Shariah-compliant investments. An exploratory factor analysis using Statistical Package for the Social Science (SPSS) programme version 26 were used to analyse the data. Theory Reasoned Action (TRA) is a psychological theory that seeks to explain individual actions by identifying the causal connections between various variables: religiosity, Islamic financial literacy, financial attitude, investment risk and awareness. The findings reveal that Islam permits investing if it benefits the individual and satisfies his or her requirements at a specific period. Wealth management could be a tool to attain the essentials in Maqasid Shariah (al-daruriyyah).Wealth management to achieve the complementary (al-Hajiyyat) and Wealth management to achieve the embellishments or luxuries (al-Tahsiniyyat). Other than that, there are five factors that contribute to the level of selection Shariah compliant investment among private sector in Kota Setar, Kedah. The factors extracted from the factor analysis are religiosity, Islamic financial literacy, financial attitude, investment risk and also awareness.
format	Thesis
qualification_name	other
qualification_level	Master's degree
author	Nurusyuhada, Othman
author_facet	Nurusyuhada, Othman
author_sort	Nurusyuhada, Othman
title	Determinants of selection shariah compliant investment: Among private sector employees in Kota Setar, Kedah
title_short	Determinants of selection shariah compliant investment: Among private sector employees in Kota Setar, Kedah
title_full	Determinants of selection shariah compliant investment: Among private sector employees in Kota Setar, Kedah
title_fullStr	Determinants of selection shariah compliant investment: Among private sector employees in Kota Setar, Kedah
title_full_unstemmed	Determinants of selection shariah compliant investment: Among private sector employees in Kota Setar, Kedah
title_sort	determinants of selection shariah compliant investment: among private sector employees in kota setar, kedah
granting_institution	Universiti Utara Malaysia
granting_department	Islamic Business School
publishDate	2021
url	https://etd.uum.edu.my/9659/1/s824932_01.pdf https://etd.uum.edu.my/9659/2/s824932_02.pdf
_version_	1794023766504767488

Determinants of selection shariah compliant investment: Among private sector employees in Kota Setar, Kedah

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