Browsing by Author Muhamad Sori, Zulkarnain

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Showing results 40 to 59 of 87
  • financial_governance_dilemma_zulkarnain et al.jpg.jpg
  • Book


  • Authors: Hussain, Siti Noorbani; Muhamad Sori, Zulkarnain; Abdul Wahab, Sazali (2019)

  • This case study is written anonymously based on a real organization that exists in the industry and we examine the internal and external environment of the Koperasi. Few key issues are found such as poor performance of Koperasi, few business activities are not generating enough profit and returns of investment, lack of credibility, capabilities and accountability among the BODs as well as risk management issues.

  • chapter_7_financial_and_operating_performance_of_privatised_companies_Abdeldayam_Yusuf_Zulkarnain.jpg.jpg
  • Chapter in Book


  • Authors: Abdeldayam, M.M.; Karbhari, Yusuf; Muhamad Sori, Zulkarnain (2015)

  • The term privatisation has many shades of meaning. The overall purpose of privatisation is that of transferring the provision of goods and services from the public sector to the private sector and Kay and Thompson (1986) suggest that the term covers denationalisation (the sale of state owned enterprises), deregulation (the introduction of competition) and contracting out (the provision by private sector organisations of public services). Over the past 25 years or so, all of these various forms of privatisation have developed and evolved and are now a pervasive feature of the economies of many countries. Available in physical copy only (Call Number: HF 5630 S464)

  • financial_fiascos.pdf.jpg
  • Chapter in Book


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2012)

  • Financial fiascos or commonly termed as scandals refer to the various kinds of frauds, scams, swindles, breaches of trust, or other wrongdoing in the corporate sector which results in huge financial losses. The greed for wealth coupled with the opportunities in a new complex financial and banking environment and the use of modern technolgy in financial transactions have mad the financial sector more vulnerable to scandals than any other sector of the economy.

  • financial_ratios_discriminant_analysis_prediction_corporate_distress_zulkarnain.pdf.jpg
  • Journal Article


  • Authors: Muhamad Sori, Zulkarnain; Abd Jalil, Hasbullah (2009)

  • This study develops a failure prediction model for Singaporean companies. The results show good performance with a highly correct categorization factuality rate of more than 80 percent. Two ratios were determined significant out of 64 financial ratios utilized in this analysis to discriminate among failed and non-failed companies. The significant variables are Cash flow to Sales (V02) and Days Sales in Receivable (V31).

  • financing_strategies_apparel_zulkarnain et al.jpg.jpg
  • Book


  • Authors: Mohd Shah, Shaharunizam; Mohd Adzmi, Reza Shermizi; Muhamad Sori, Zulkarnain; Abdul Wahab, Sazali; Yaacob, Abu Sofian (2018)

  • This book was written in a case study appraoch which has been successfully proven as an effective tool in teaching and learning process, particularly at the postgraduate level. Its function is to business scenarios, and relevant issues faced by aspiring entrepreneurs. Therefore, building on real case studies developed from the apparel and clothing industry's setting and supported by the authors' own experiences, this book hopes to stimulate the interests and passions in case study writing for the further development of effective learning approaches through case studies among students, academics, and practitioners ...

  • firms_credit ratings_corporate_governance_malaysia_ng et al.jpg.jpg
  • Chapter in Book


  • Authors: Ng, Yan Ling; Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2012)

  • In the first two-thirds of the 1990s, Malaysia experienced rapid economic growth at an average annual Gross Domestic Product (GOP) growth of 8.5%; due to its financial liberalization policy that encourage greater participation of foreign direct investment and strengthening condition of exports. This rapid growth came to a halt with the onset of Asian financial crisis in mid-1997. During that time, the combination of sudden reversals in the net capital flow, exchange rate depreciation/devaluation, crash in stock market, fire sales on asset, corporate distress, and credit contraction lead the economy into recession.

  • forecasting_corporate_failure_Malaysian_industrial_sector firms_Zulkarnain et al.pdf.jpg
  • Journal Article


  • Authors: Muhamad Sori, Zulkarnain; Abdul Hamid, Mohamad Ali; Md. Nasir, Annuar; Mohamad, Zainal Abidin (2001)

  • Financial ratios have long been used as predictor of important events in financial markets of developed economies. Formulating business failure prediction models utilising financial ratios is no exception. However, there is hardly any evidence on failure prediction in developing markets such as Malaysia. This study develops a failure prediction model for industrial sector listed firms that discriminates between 24 failed and non-failed for the period 1980 to 1996. The findings show that the model correctly and significantly classified 91.1% and 89.3% of the failed and non-failed firms respectively. An alternative prediction model developed based solely on accounting information showed...

  • Governance_framework_in_Islamic_financial_institutions_zulkarnain_shamsher_eskandar.jpg.jpg
  • Chapter in Book


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad; Mohd Rasid, Mohamed Eskandar Shah (2017)

  • This chapter provides a discussion on a study that examines shariah governance practices in the Malaysian IFIs. It provides important insights into current and critical shariah governance issues that are faced by the Islamic finance industry worldwide. The chapter is divided into four sections. This first section provides some background on the Islamic finance industry. The second section reviews prior studies on shariah governance from different geographical areas: some details are given on methodology. Section three outlines research findings on various issues examined by the study such as the definition of shariah governance, the importance of the shariah governance framework and i...

  • governance_structure_external_audit_price_evidence_emerging_economy_zulkarnain_shamsher.pdf.jpg
  • Journal Article


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2008)

  • This study provides new evidence on the relationship between external audit price and corporate governance of the largest (based on market capitalization) 100 listed firms on both the main and second board of the Bursa Malaysia (BMB) (previously known as the Kuala Lumpur Stock Exchange). The findings show that for main board companies, external audit price is positively and significantly associated with corporate size, complexity and internal governance variable (i.e. director’s remuneration). For the second board firms, complexity, corporate size and internal governance variables (i.e. proportion of non-executive directors to total directors) were important determinants of external a...

  • governance_structure_external_audit_price_Zulkarnain_Shamsher.pdf.jpg
  • Journal Article


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2008)

  • This study provides new evidence on the relationship between external audit price and corporate governance of the largest (based on market capitalization) 100 listed firms on both the main and second board of the Bursa Malaysia (BMB) (previously known as the Kuala Lumpur Stock Exchange). The findings show that for main board companies, external audit price is positively and significantly associated with corporate size, complexity and internal governance variable (i.e. director's remuneration). For the second board firms, complexity, corporate size and internal governance variables (i.e. proportion of non-executive directors to total directors) were important determinants of external a...

  • governance_performance_and_risk.pdf.jpg
  • Chapter in Book


  • Authors: Musaeva, Gulzhan; Mohd Rasid, Mohamed Eskandar Shah; Ramadili Mohd, Shamsher Mohamad; Muhamad Sori, Zulkarnain (2015)

  • The body of literature on Islamic banking has expanded significantly in the recent decades. A cursory overview of it paints a picture of an uncertain future for the industry. Admittedly, Islamic banking has experienced some success globally, with an annual double digit growth rate (an average of 15% to 20% annually) in the last decade. But to maintain the momentum, the industry has to improve on a number of pertinent aspects ...

  • the_impact_management_family_institution_zulkarnain.pdf.jpg
  • Journal Article


  • Authors: Osman, Mohammad Noor Hisham; Abdul Latiff, Ahmed Razman; Mat Daud, Zaidi; Muhamad Sori, Zulkarnain (2018)

  • Incidents where external auditors do not issue a going concern audit opinion (GC opinion) to companies having severe financial problems have been reported globally. This issue motivated this study : (i) to investigate the effect of selected auditor characteristics in terms of specialization, tenure, and fee on GC opinion issuance and (ii) to examine the moderating effect of management's, family's, and institution's influence on the relationship between auditor characteristics and GC opinion issuance. The study involves 644 Malaysian financially distressed listed companies in the period 2006 to 2012. The results of a panel logistic regression analysis show that auditor characteristics ...

  • implementation_of_internal_control_system_among_Malaysian credit_zulkarnain.pdf.jpg
  • Journal Article


  • Authors: Ariffin, Aishah; Mohd Hanif, Farahaini; Ali, Salwana; Abdul Razak, Nor Alyani; Muhamad Sori, Zulkarnain (2016)

  • This study aims to examine the perception on internal control system (ICS) practices among Malaysian credit co-operatives. Specifically, this study provides input to those who are involved in developing ICS in co-operative namely, the Board Members (BOARD), Internal Audit Committee (IAC) and management staff. Using Malaysian Co-operative Societies Commission (MCSC) definition on classification of co-operatives, four groups of respondent cooperatives based on size of cooperatives were developed i.e. micro, small, medium and large. After eliminating with incomplete data, 536 co-operatives were selected to be included in this study, where, two questionnaires were mailed to co-operatives'...

  • introduction_corporate_governance.pdf.jpg
  • Chapter in Book


  • Authors: Turmin, Siti Zaidah; Osman, Mohammad Noor Hisham; Muhamad Sori, Zulkarnain; Abdul Latiff, Ahmed Razman (2015)

  • Over the last 10 years, Malaysian capital market has made significant progress in instilling an efficient and well-regulated marketplace together with a proper institutional framework for the regulation of the accounting profession. The shareholders and stakeholders interests are safeguarded through high quality corporate financial reporting and corporate governance. It is the aim of the book to provide evidence and research findings on relevant issues. This book is divided into three parts that consists of 11 separate chapters of academic research works. The chapters covered ranging from issues on corporate internet reporting practice, corporate social responsibility, corporate gove...

  • Introduction_corporate_governance_practices_in_malaysia.pdf.jpg
  • Chapter in Book


  • Authors: Muhamad Sori, Zulkarnain; Mohd Said, Ridzwana; Malek, Mazrah; Senik, Rosmila (2012)

  • The concept of corporate governance covers the question of accountability, ethics and social responsibility of companies to society and stakeholders. In recent years, especially in the wake of the economic crisis, this concept has drawn attention of public worldwide including Malaysia and forcing companies to improve their governance in the interest of strengthening investors' confidence.

  • is_musharakah_mutanaqisah_a_practical_alternative_zulkarnain_shamsher_alam_2015.pdf.jpg
  • Industry Article


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad; Asadov, Alam (2015-09-30)

  • Islamic finance had a healthy double-digit growth in the last decade and an important contribution to this steady success is the increasing demand for Shariah compliant products and services from both Muslims and non-Muslims around the globe. These products and services are perceived to be more resilient in adverse economic conditions, has risk-sharing attributes and provides competitive returns to conventional counterparts. Among others, the musharakah or partnership contract is commonly applied in many investment and financing initiatives. One variation of the musharakah is the musharakah mutanaqisah (or diminishing partnership) that emphasizes on the joint ownership of the asset pu...

  • Is_the_shariah_governance_framework_effective_Zulkarnain_Shamsher.pdf.jpg
  • Industry Article


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2015-12-01)

  • Islamic financial institutions (IFIs) have enjoyed rapid growth globally and the total global assets of the industry as of end-2014 exceeded USD2.0 trillion or a compounded annual growth rate (CAGR) of 17.4% between 2009 and 2014. Like other sectors, IFIs are expected to practice good governance to inspire public and stakeholder confidence and trust. To this end, the government introduced the Islamic Financial Services Act 2013 to provide greater regulatory clarity and focus on good governance and social responsibility. Likewise, leading markets like Hong Kong, the Philippines, Singapore and the UK have initiated regulatory reforms with the aim to build well-governed Islamic banking a...

  • PhD_Islamic_banking_stability_efficiency and growth_the_market_discipline_Sharezan.pdf.jpg
  • PhD


  • Authors: Abd Rahman, Sharezan (2017)

  • This research empirically investigates the role of profit sharing investment accounts in providing market discipline and the extent to which PSIA influences Islamic banks' stability, efficiency and financing growth, thus complementing government supervision and regulation of Islamic banks. Data from 48 Islamic banks from 13 countries in different regions over the period 2007 to 2014 were collected. A two-step system generalized method of moments (GMM) was applied to estimate the equations. The fixed and random effects and the two-step difference GMM were also applied for comparison purposes ...

  • Issues in contemporary accounting.pdf.jpg
  • Book


  • Authors: Turmin, Siti Zaidah; Osman, Mohammad Noor Hisham; Muhamad Sori, Zulkarnain; Abdul Latiff, Ahmed Razman (2015)

  • This book integrates empirical studies and conceptual discussion in the field of accounting and finance in Malaysia and international setting. The aim of this book is to share findings of empirical results as well as conceptual discussion and to provide reading and reference materials on various accounting and finance topics to undergraduate and postgraduate students, researchers, practitioners and policy makers through relevant information provided. This book consists of ten chapters. Specifically, it is presented into three parts, namely corporate internet reporting and social responsibility reporting, auditor independence and corporate governance and Islamic finance.

  • managing_sustainability_issues_education_business_zulkarnain et al.jpg.jpg
  • Book


  • Authors: Abdul Aziz, Rosmurni; Atan, Zalianah; Abdul Wahab, Sazali; Muhamad Sori, Zulkarnain;  Advisor: Available in physical copy only (Call number: HF 5351 R821) (2016)

  • Vital Ed Solutions (VeS) was established in April 2014. It is self-funded business enterprise. The two co-founders agreed to contribute RM20,000.00 each, making the capital a sume of RM40,000.00. As a new start-up in the service industry, VeS relies heavily on part-time employees. These workers work with the mas facilitators and speakers. Since they are part-time workers, it can be difficult for the enterprise to establish the kind of work ethic that they desire among the employees. Nevertheless, the co-founders of VeS also realized the needs for training, although they are unsure of the kinf of training that these employees require in order for them to be motivated and at the same ti...

Browsing by Author Muhamad Sori, Zulkarnain

Jump to: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
or enter first few letters:  
Showing results 40 to 59 of 87
  • financial_governance_dilemma_zulkarnain et al.jpg.jpg
  • Book


  • Authors: Hussain, Siti Noorbani; Muhamad Sori, Zulkarnain; Abdul Wahab, Sazali (2019)

  • This case study is written anonymously based on a real organization that exists in the industry and we examine the internal and external environment of the Koperasi. Few key issues are found such as poor performance of Koperasi, few business activities are not generating enough profit and returns of investment, lack of credibility, capabilities and accountability among the BODs as well as risk management issues.

  • chapter_7_financial_and_operating_performance_of_privatised_companies_Abdeldayam_Yusuf_Zulkarnain.jpg.jpg
  • Chapter in Book


  • Authors: Abdeldayam, M.M.; Karbhari, Yusuf; Muhamad Sori, Zulkarnain (2015)

  • The term privatisation has many shades of meaning. The overall purpose of privatisation is that of transferring the provision of goods and services from the public sector to the private sector and Kay and Thompson (1986) suggest that the term covers denationalisation (the sale of state owned enterprises), deregulation (the introduction of competition) and contracting out (the provision by private sector organisations of public services). Over the past 25 years or so, all of these various forms of privatisation have developed and evolved and are now a pervasive feature of the economies of many countries. Available in physical copy only (Call Number: HF 5630 S464)

  • financial_fiascos.pdf.jpg
  • Chapter in Book


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2012)

  • Financial fiascos or commonly termed as scandals refer to the various kinds of frauds, scams, swindles, breaches of trust, or other wrongdoing in the corporate sector which results in huge financial losses. The greed for wealth coupled with the opportunities in a new complex financial and banking environment and the use of modern technolgy in financial transactions have mad the financial sector more vulnerable to scandals than any other sector of the economy.

  • financial_ratios_discriminant_analysis_prediction_corporate_distress_zulkarnain.pdf.jpg
  • Journal Article


  • Authors: Muhamad Sori, Zulkarnain; Abd Jalil, Hasbullah (2009)

  • This study develops a failure prediction model for Singaporean companies. The results show good performance with a highly correct categorization factuality rate of more than 80 percent. Two ratios were determined significant out of 64 financial ratios utilized in this analysis to discriminate among failed and non-failed companies. The significant variables are Cash flow to Sales (V02) and Days Sales in Receivable (V31).

  • financing_strategies_apparel_zulkarnain et al.jpg.jpg
  • Book


  • Authors: Mohd Shah, Shaharunizam; Mohd Adzmi, Reza Shermizi; Muhamad Sori, Zulkarnain; Abdul Wahab, Sazali; Yaacob, Abu Sofian (2018)

  • This book was written in a case study appraoch which has been successfully proven as an effective tool in teaching and learning process, particularly at the postgraduate level. Its function is to business scenarios, and relevant issues faced by aspiring entrepreneurs. Therefore, building on real case studies developed from the apparel and clothing industry's setting and supported by the authors' own experiences, this book hopes to stimulate the interests and passions in case study writing for the further development of effective learning approaches through case studies among students, academics, and practitioners ...

  • firms_credit ratings_corporate_governance_malaysia_ng et al.jpg.jpg
  • Chapter in Book


  • Authors: Ng, Yan Ling; Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2012)

  • In the first two-thirds of the 1990s, Malaysia experienced rapid economic growth at an average annual Gross Domestic Product (GOP) growth of 8.5%; due to its financial liberalization policy that encourage greater participation of foreign direct investment and strengthening condition of exports. This rapid growth came to a halt with the onset of Asian financial crisis in mid-1997. During that time, the combination of sudden reversals in the net capital flow, exchange rate depreciation/devaluation, crash in stock market, fire sales on asset, corporate distress, and credit contraction lead the economy into recession.

  • forecasting_corporate_failure_Malaysian_industrial_sector firms_Zulkarnain et al.pdf.jpg
  • Journal Article


  • Authors: Muhamad Sori, Zulkarnain; Abdul Hamid, Mohamad Ali; Md. Nasir, Annuar; Mohamad, Zainal Abidin (2001)

  • Financial ratios have long been used as predictor of important events in financial markets of developed economies. Formulating business failure prediction models utilising financial ratios is no exception. However, there is hardly any evidence on failure prediction in developing markets such as Malaysia. This study develops a failure prediction model for industrial sector listed firms that discriminates between 24 failed and non-failed for the period 1980 to 1996. The findings show that the model correctly and significantly classified 91.1% and 89.3% of the failed and non-failed firms respectively. An alternative prediction model developed based solely on accounting information showed...

  • Governance_framework_in_Islamic_financial_institutions_zulkarnain_shamsher_eskandar.jpg.jpg
  • Chapter in Book


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad; Mohd Rasid, Mohamed Eskandar Shah (2017)

  • This chapter provides a discussion on a study that examines shariah governance practices in the Malaysian IFIs. It provides important insights into current and critical shariah governance issues that are faced by the Islamic finance industry worldwide. The chapter is divided into four sections. This first section provides some background on the Islamic finance industry. The second section reviews prior studies on shariah governance from different geographical areas: some details are given on methodology. Section three outlines research findings on various issues examined by the study such as the definition of shariah governance, the importance of the shariah governance framework and i...

  • governance_structure_external_audit_price_evidence_emerging_economy_zulkarnain_shamsher.pdf.jpg
  • Journal Article


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2008)

  • This study provides new evidence on the relationship between external audit price and corporate governance of the largest (based on market capitalization) 100 listed firms on both the main and second board of the Bursa Malaysia (BMB) (previously known as the Kuala Lumpur Stock Exchange). The findings show that for main board companies, external audit price is positively and significantly associated with corporate size, complexity and internal governance variable (i.e. director’s remuneration). For the second board firms, complexity, corporate size and internal governance variables (i.e. proportion of non-executive directors to total directors) were important determinants of external a...

  • governance_structure_external_audit_price_Zulkarnain_Shamsher.pdf.jpg
  • Journal Article


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2008)

  • This study provides new evidence on the relationship between external audit price and corporate governance of the largest (based on market capitalization) 100 listed firms on both the main and second board of the Bursa Malaysia (BMB) (previously known as the Kuala Lumpur Stock Exchange). The findings show that for main board companies, external audit price is positively and significantly associated with corporate size, complexity and internal governance variable (i.e. director's remuneration). For the second board firms, complexity, corporate size and internal governance variables (i.e. proportion of non-executive directors to total directors) were important determinants of external a...

  • governance_performance_and_risk.pdf.jpg
  • Chapter in Book


  • Authors: Musaeva, Gulzhan; Mohd Rasid, Mohamed Eskandar Shah; Ramadili Mohd, Shamsher Mohamad; Muhamad Sori, Zulkarnain (2015)

  • The body of literature on Islamic banking has expanded significantly in the recent decades. A cursory overview of it paints a picture of an uncertain future for the industry. Admittedly, Islamic banking has experienced some success globally, with an annual double digit growth rate (an average of 15% to 20% annually) in the last decade. But to maintain the momentum, the industry has to improve on a number of pertinent aspects ...

  • the_impact_management_family_institution_zulkarnain.pdf.jpg
  • Journal Article


  • Authors: Osman, Mohammad Noor Hisham; Abdul Latiff, Ahmed Razman; Mat Daud, Zaidi; Muhamad Sori, Zulkarnain (2018)

  • Incidents where external auditors do not issue a going concern audit opinion (GC opinion) to companies having severe financial problems have been reported globally. This issue motivated this study : (i) to investigate the effect of selected auditor characteristics in terms of specialization, tenure, and fee on GC opinion issuance and (ii) to examine the moderating effect of management's, family's, and institution's influence on the relationship between auditor characteristics and GC opinion issuance. The study involves 644 Malaysian financially distressed listed companies in the period 2006 to 2012. The results of a panel logistic regression analysis show that auditor characteristics ...

  • implementation_of_internal_control_system_among_Malaysian credit_zulkarnain.pdf.jpg
  • Journal Article


  • Authors: Ariffin, Aishah; Mohd Hanif, Farahaini; Ali, Salwana; Abdul Razak, Nor Alyani; Muhamad Sori, Zulkarnain (2016)

  • This study aims to examine the perception on internal control system (ICS) practices among Malaysian credit co-operatives. Specifically, this study provides input to those who are involved in developing ICS in co-operative namely, the Board Members (BOARD), Internal Audit Committee (IAC) and management staff. Using Malaysian Co-operative Societies Commission (MCSC) definition on classification of co-operatives, four groups of respondent cooperatives based on size of cooperatives were developed i.e. micro, small, medium and large. After eliminating with incomplete data, 536 co-operatives were selected to be included in this study, where, two questionnaires were mailed to co-operatives'...

  • introduction_corporate_governance.pdf.jpg
  • Chapter in Book


  • Authors: Turmin, Siti Zaidah; Osman, Mohammad Noor Hisham; Muhamad Sori, Zulkarnain; Abdul Latiff, Ahmed Razman (2015)

  • Over the last 10 years, Malaysian capital market has made significant progress in instilling an efficient and well-regulated marketplace together with a proper institutional framework for the regulation of the accounting profession. The shareholders and stakeholders interests are safeguarded through high quality corporate financial reporting and corporate governance. It is the aim of the book to provide evidence and research findings on relevant issues. This book is divided into three parts that consists of 11 separate chapters of academic research works. The chapters covered ranging from issues on corporate internet reporting practice, corporate social responsibility, corporate gove...

  • Introduction_corporate_governance_practices_in_malaysia.pdf.jpg
  • Chapter in Book


  • Authors: Muhamad Sori, Zulkarnain; Mohd Said, Ridzwana; Malek, Mazrah; Senik, Rosmila (2012)

  • The concept of corporate governance covers the question of accountability, ethics and social responsibility of companies to society and stakeholders. In recent years, especially in the wake of the economic crisis, this concept has drawn attention of public worldwide including Malaysia and forcing companies to improve their governance in the interest of strengthening investors' confidence.

  • is_musharakah_mutanaqisah_a_practical_alternative_zulkarnain_shamsher_alam_2015.pdf.jpg
  • Industry Article


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad; Asadov, Alam (2015-09-30)

  • Islamic finance had a healthy double-digit growth in the last decade and an important contribution to this steady success is the increasing demand for Shariah compliant products and services from both Muslims and non-Muslims around the globe. These products and services are perceived to be more resilient in adverse economic conditions, has risk-sharing attributes and provides competitive returns to conventional counterparts. Among others, the musharakah or partnership contract is commonly applied in many investment and financing initiatives. One variation of the musharakah is the musharakah mutanaqisah (or diminishing partnership) that emphasizes on the joint ownership of the asset pu...

  • Is_the_shariah_governance_framework_effective_Zulkarnain_Shamsher.pdf.jpg
  • Industry Article


  • Authors: Muhamad Sori, Zulkarnain; Ramadili Mohd, Shamsher Mohamad (2015-12-01)

  • Islamic financial institutions (IFIs) have enjoyed rapid growth globally and the total global assets of the industry as of end-2014 exceeded USD2.0 trillion or a compounded annual growth rate (CAGR) of 17.4% between 2009 and 2014. Like other sectors, IFIs are expected to practice good governance to inspire public and stakeholder confidence and trust. To this end, the government introduced the Islamic Financial Services Act 2013 to provide greater regulatory clarity and focus on good governance and social responsibility. Likewise, leading markets like Hong Kong, the Philippines, Singapore and the UK have initiated regulatory reforms with the aim to build well-governed Islamic banking a...

  • PhD_Islamic_banking_stability_efficiency and growth_the_market_discipline_Sharezan.pdf.jpg
  • PhD


  • Authors: Abd Rahman, Sharezan (2017)

  • This research empirically investigates the role of profit sharing investment accounts in providing market discipline and the extent to which PSIA influences Islamic banks' stability, efficiency and financing growth, thus complementing government supervision and regulation of Islamic banks. Data from 48 Islamic banks from 13 countries in different regions over the period 2007 to 2014 were collected. A two-step system generalized method of moments (GMM) was applied to estimate the equations. The fixed and random effects and the two-step difference GMM were also applied for comparison purposes ...

  • Issues in contemporary accounting.pdf.jpg
  • Book


  • Authors: Turmin, Siti Zaidah; Osman, Mohammad Noor Hisham; Muhamad Sori, Zulkarnain; Abdul Latiff, Ahmed Razman (2015)

  • This book integrates empirical studies and conceptual discussion in the field of accounting and finance in Malaysia and international setting. The aim of this book is to share findings of empirical results as well as conceptual discussion and to provide reading and reference materials on various accounting and finance topics to undergraduate and postgraduate students, researchers, practitioners and policy makers through relevant information provided. This book consists of ten chapters. Specifically, it is presented into three parts, namely corporate internet reporting and social responsibility reporting, auditor independence and corporate governance and Islamic finance.

  • managing_sustainability_issues_education_business_zulkarnain et al.jpg.jpg
  • Book


  • Authors: Abdul Aziz, Rosmurni; Atan, Zalianah; Abdul Wahab, Sazali; Muhamad Sori, Zulkarnain;  Advisor: Available in physical copy only (Call number: HF 5351 R821) (2016)

  • Vital Ed Solutions (VeS) was established in April 2014. It is self-funded business enterprise. The two co-founders agreed to contribute RM20,000.00 each, making the capital a sume of RM40,000.00. As a new start-up in the service industry, VeS relies heavily on part-time employees. These workers work with the mas facilitators and speakers. Since they are part-time workers, it can be difficult for the enterprise to establish the kind of work ethic that they desire among the employees. Nevertheless, the co-founders of VeS also realized the needs for training, although they are unsure of the kinf of training that these employees require in order for them to be motivated and at the same ti...