This book offers an alternative framework for macroeconomic policy in Malaysia, derived from the universal principles of social justice espoused in the objectives of the Shariah. It attempts to holistically analyze issues related to public finance, which has been criticized for lack of transparency and justice in wealth distribution. This book explores these criticisms and discusses the principles of Islamic finance that may be applied to macroeconomic policymaking to create a better economy overall. It presents a case for a flat tax system, to make the economy more resilient to shocks, and financing methods that limit interest-rate-based debt contracts and allow greater risk sharing among the market participants on a broad scale. Using both qualitative and quantitative methods, this book models the Malaysian economy based on policies that apply the fundamental Islamic finance principle of risk sharing to demonstrate its benefits in spurring growth, promoting distributive justice, rendering the economy more stable, strengthening the potency of monetary policy, enhancing fiscal governance, and improving financial inclusion. The book will be of interest to students, policymakers, financial institutions, researchers, ministries of finance, central banks, securities commissions, and anyone interested in alternative economic paradigms. Azura Othman is Chief Executive Officer of the Chartered Institute of Islamic Finance Professionals (CIIF) and an Independent Non-Executive Director of Bank Muamalat Malaysia Berhad. Norhanim Mat Sari is a faculty member at the International Centre for Education in Islamic Finance (INCEIF), where she obtained her PhD in Islamic Finance. Syed Othman Alhabshi is Deputy President Academic of INCEIF. He has written and edited a total of 12 books and numerous journal articles on various topics related to Islam, economics, and banking. Abbas Mirakhor is First Holder of the INCEIF Chair of Islamic Finance. He formerly served as Executive Director and Dean of the Executive Board of the International Monetary Fund (IMF).
Islamic Education in Indonesia and Malaysia:Shaping Minds, Saving Souls Azmil Mohd Tayeb
Attitudes to Islamic and Conventional Credit Cards in Malaysia:Perspectives on Selection Criteria and Impact Analysis Nazimah Hussin
Research Paper (undergraduate) from the year 2016 in the subject English Language and Literature Studies - Linguistics, grade: A, International Islamic University Malaysia, course: Bachelor of Arts (Honours) English for International Communication, language: English, abstract: The purpose of this study is to investigate the factors affecting the level of English proficiency among International Islamic University Malaysia (IIUM) undergraduate students. A set of questionnaires were distributed online and data from a sample of 75 students were collected through Google Forms. Two demographic factors, namely gender and years of learning English, were used as the variables. The finding of the study suggests that the factors affecting the level of English proficiency among IIUM undergraduate students were not affected by gender but were affected by the duration of learning English. The factors that were contributing to the level of English proficiency among IIUM undergraduate students were language anxiety, students attitude and also peers, parental and teacher influences. Besides, the study also revealed that there is no significant relationship between cultural stereotypes and students performance in second language acquisition. The level of English proficiency among Malaysian students are often questioned. Despite learning English for almost 10 years in school, the majority of Malaysian students still encounter difficulties in using the language effectively especially in tertiary education. Many local graduates are still unemployed due to their lack of fluency in English.
Macroeconomic Policy and Islamic Finance in Malaysia:Financial Institutions, Reforms, and Policies in the Muslim Countries. 1st ed. 2017 Azura Othman, Norhanim Mat Sari, Syed Othman Alhabshi, Abbas Mirakhor
Demand Conditions for Islamic Home Financing in Malaysia::Perception Analysis ELEENA MASNEE ABDUL SAMAD
Issuance of Islamic credit Card in Malaysia: A Critical Analysis:A Study of Credit Card from Islamic Perspective Rafidah Azli, Azman Mohd Noor
Islamic Banking and Finance in Malaysia; System, Issues and Challenges: MUHAMMAD RIDWAN AB´AZIZ
Exploring the Invisible Universe:From Black Holes to Superstrings Belal Ehsan (Inceif, The Global Univ Of Islamic Finance, Malaysia) Baaquie, Frederick Hans (Nus, S´pore) Willeboordse