Browsing by Topic Shariah

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Showing results 11 to 20 of 44
  • crime_economic_conditions_Malaysia_baharom.pdf.jpg
  • Journal Article


  • Authors: Habibullah, Muzafar Shah; Abdul Hamid, Baharom (2009)

  • The purpose of this paper is to analyze the impact of economic conditions on various categories of criminal activities in Malaysia for the period 1973‐2003. The autoregressive distributed lag bounds testing procedure was employed as the main tool. Dynamic ordinary least squares was also used to check the robustness of the results. The results indicate that murder, armed robbery, rape, assault, daylight burglary, and motorcycle theft exhibit long‐run relationships with economic conditions, and the causal effect in all cases runs from economic conditions to crime rates and not vice versa. In the long‐run, strong economic performances have a positive impact on murder, rape, assault, dayl...

  • crime _socio-macroeconomics_determinants_panel-error-correction_cointegration_analysis_baharom.pdf.jpg
  • Journal Article


  • Authors: Abdul Hamid, Baharom; Habibullah, Muzafar Shah; Mohd Noor, Zaleha (2013)

  • This study investigates the relationship between crime and socio and macro economic variables such as income, unemployment, inflation, interest rate, and also the political violence, both domestic and regional. The main motivation of the study is to have a better understanding of crime as well as finding and suggesting alternative ways of approaching crime. We analyzed 21 countries, with data spanning from 1960 to 2001.We adopted the model and framework introduced by Viren (2001) based on Becker (1968), Block and Heineke (1975). However, we slightly modified by rephrasing it in order not to only capture the long run relationship but also the short run adjustment. We employed the panel...

  • crime_police_personnel_Malaysia_empirical_investigation_baharom.pdf.jpg
  • Journal Article


  • Authors: Habibullah, Muzafar Shah; Abdul Hamid, Baharom; Muhamad, Suriyani (2014)

  • The economic theory on crime behavior proposed by Becker (1968) suggests that an increase in the number of policemen can deter crimes. However, recent studies found a positive relationship between police personnel and crime rates. The purpose of the present study is to investigate the effect of police personnel on 15 categories of crime rates in Malaysia for the period of 1973 to 2005 by using the vector error-correction model. Our results suggest that 8 categories of crime rates support Becker’s crime economic theory, while 6 categories of crime support the ‘long-run natural rate of crime’ hypothesis.

  • item.jpg
  • Academic Proceeding


  • Authors: Habibullah, Muzafar Shah; Abdul Hamid, Baharom; Muhamad, Suriyani (2013)

  • The economic theory on crime behavior proposed by Becker (1968) suggests that an increase in the number of policemen can deter crimes. However, recent studies found a positive relationship between police personnel and crime rates. The purpose of the present study is to investigate the effect of police personnel on 15 categories of crime rates in Malaysia for the period of 1973 to 2005 by using the vector error-correction model. Our results suggest that 8 categories of crime rates support Becker’s crime economic theory, while 6 categories of crime support the ‘long-run natural rate of crime’ hypothesis

  • crime_unemployment_baharom.pdf.jpg
  • Journal Article


  • Authors: Habibullah, Muzafar Shah; Abdul Hamid, Baharom; Din, Badariah H.; Muhamad, Suriyani; Ishak, Suryati (2014)

  • The purpose of the present study is to determine whether there is long-run relationship between crime rates and unemployment rate in Malaysia for the period 1973 to 2003. The autoregressive distributed lag bounds testing procedure was employed as the main tool to infer cointegration or the long-run relationship between unemployment and the crime rates. The results indicate that the unemployment rate, and crime rates: total crime rate, violent crime (murder, robbery, and assault), and property crime (daylight burglary, night burglary, and motorcycle theft) are cointegrated. The estimated long-run coeffi cients suggest that unemployment rate has negative effect on violent crime, murder,...

  • Crime_United_States_America_testing_Broken_Window_hypothesis_Baharom.pdf.jpg
  • Journal Article


  • Authors: Abdul Hamid, Baharom; Habibullah, Muzafar Shah (2014)

  • This study wishes to examine and validate the ‘broken window’ hypothesis among the fifty one states in the United States. The chosen method for this analysis is Johansen cointegration test to test for cointegration, and if any cointegrating vector is found, we proceed to test for Granger causality based on VECM. We test whether property crime (proxy for minor crime) leads to violent crime (proxy for major crime) in the fifty one states with respect to the period 1960 to 2007. Result of the study indicates that violent crime and property crime are cointegrated in forty eight states out of fifty one states. Further analysis to test for the validity of the broken window hypothesis provid...

  • Does_prospectus_information_matter_in_IPO_pricing_mansur_etal.pdf.jpg
  • Journal Article


  • Authors: Mohd-Rashid, Rasidah; Mohammed Masih, Abul Mansur; Abdul-Rahim, Ruzita; Che-Yahya, Norliza (2018)

  • The purpose of this study is to identify selected information from the prospectus that might signal the initial public offering (IPO) offer price. The results tend to provide support for the argument that firms with Shariah-compliant status reflect lower uncertainty and project better signalling of quality due to greater scrutiny by the government and thus are able to offer IPOs at higher prices. Similarly, firms with a higher proportion of shareholder retention indicate lower risks as insiders forego their options to diversify their portfolio, and hence could price their IPOs higher. Finally, the involvement of institutional investors and higher underwriter ranking could be used by f...

  • economic_crime_blown_out_proportion_real_threat_baharom_2015.pdf.jpg
  • Industry Article


  • Authors: Abdul Hamid, Baharom (2015-07-01)

  • There is ambiguity in defining economic crime or sometimes referred to as white collar crime or finance crime. The general notion refers to economic crimes as illegal acts in which offenders' principal motivation appears to be economic gain. However, is it possible to conclude on the offenders' motivation merely by observing the criminal act? Another school of thought claims that economic crimes are illegal acts that successfully provide offenders with an economic return or for which victims incur an economic cost.

  • elder_abuse_malaysia_aishath.pdf.jpg
  • Journal Article


  • Authors: Muneeza, Aishath (2010)

  • The purpose of this research is to formulate a legal framework to resolve the issue of elder abuse which is a malicious act prevalent in the Malaysian society, which people do not know how to recognise. The methodology employed is library based research. The focus of this research is to analyse the different types of elder abuse and to identify the ways in which society can be educated in the matter and to find out the most suitable solution to this problem. It is argued here that like child abuse, elder abuse is also a problem in our society where attention must be given and the victims of this 'crime' must also be given protection and the offenders must be punished. The Islamic poin...

  • fatwa_shariah_methodology_Islamic_finance_ahcene.pdf.jpg
  • Journal Article


  • Authors: Lahsasna, Ahcene (2011)

  • Fatwa plays a very significant role in Shariah by providing different resolutions and solutions to the Muslim community when it is needed to ensure the compliance with principles of Shariah and commends of God. It should be understood that fatwa is not confined to particular section in Islamic law but it covers the entire sections and subsection of Islamic law including business, finance and trade. Today, fatwa takes a different shape in Islamic finance; it is introduced and presented in the industry in the form of resolutions issued by Shariah board members who represent Shariah corporate governance body in the structure of the Islamic financial institutions. The resolution is furthe...

Browsing by Topic Shariah

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 11 to 20 of 44
  • crime_economic_conditions_Malaysia_baharom.pdf.jpg
  • Journal Article


  • Authors: Habibullah, Muzafar Shah; Abdul Hamid, Baharom (2009)

  • The purpose of this paper is to analyze the impact of economic conditions on various categories of criminal activities in Malaysia for the period 1973‐2003. The autoregressive distributed lag bounds testing procedure was employed as the main tool. Dynamic ordinary least squares was also used to check the robustness of the results. The results indicate that murder, armed robbery, rape, assault, daylight burglary, and motorcycle theft exhibit long‐run relationships with economic conditions, and the causal effect in all cases runs from economic conditions to crime rates and not vice versa. In the long‐run, strong economic performances have a positive impact on murder, rape, assault, dayl...

  • crime _socio-macroeconomics_determinants_panel-error-correction_cointegration_analysis_baharom.pdf.jpg
  • Journal Article


  • Authors: Abdul Hamid, Baharom; Habibullah, Muzafar Shah; Mohd Noor, Zaleha (2013)

  • This study investigates the relationship between crime and socio and macro economic variables such as income, unemployment, inflation, interest rate, and also the political violence, both domestic and regional. The main motivation of the study is to have a better understanding of crime as well as finding and suggesting alternative ways of approaching crime. We analyzed 21 countries, with data spanning from 1960 to 2001.We adopted the model and framework introduced by Viren (2001) based on Becker (1968), Block and Heineke (1975). However, we slightly modified by rephrasing it in order not to only capture the long run relationship but also the short run adjustment. We employed the panel...

  • crime_police_personnel_Malaysia_empirical_investigation_baharom.pdf.jpg
  • Journal Article


  • Authors: Habibullah, Muzafar Shah; Abdul Hamid, Baharom; Muhamad, Suriyani (2014)

  • The economic theory on crime behavior proposed by Becker (1968) suggests that an increase in the number of policemen can deter crimes. However, recent studies found a positive relationship between police personnel and crime rates. The purpose of the present study is to investigate the effect of police personnel on 15 categories of crime rates in Malaysia for the period of 1973 to 2005 by using the vector error-correction model. Our results suggest that 8 categories of crime rates support Becker’s crime economic theory, while 6 categories of crime support the ‘long-run natural rate of crime’ hypothesis.

  • item.jpg
  • Academic Proceeding


  • Authors: Habibullah, Muzafar Shah; Abdul Hamid, Baharom; Muhamad, Suriyani (2013)

  • The economic theory on crime behavior proposed by Becker (1968) suggests that an increase in the number of policemen can deter crimes. However, recent studies found a positive relationship between police personnel and crime rates. The purpose of the present study is to investigate the effect of police personnel on 15 categories of crime rates in Malaysia for the period of 1973 to 2005 by using the vector error-correction model. Our results suggest that 8 categories of crime rates support Becker’s crime economic theory, while 6 categories of crime support the ‘long-run natural rate of crime’ hypothesis

  • crime_unemployment_baharom.pdf.jpg
  • Journal Article


  • Authors: Habibullah, Muzafar Shah; Abdul Hamid, Baharom; Din, Badariah H.; Muhamad, Suriyani; Ishak, Suryati (2014)

  • The purpose of the present study is to determine whether there is long-run relationship between crime rates and unemployment rate in Malaysia for the period 1973 to 2003. The autoregressive distributed lag bounds testing procedure was employed as the main tool to infer cointegration or the long-run relationship between unemployment and the crime rates. The results indicate that the unemployment rate, and crime rates: total crime rate, violent crime (murder, robbery, and assault), and property crime (daylight burglary, night burglary, and motorcycle theft) are cointegrated. The estimated long-run coeffi cients suggest that unemployment rate has negative effect on violent crime, murder,...

  • Crime_United_States_America_testing_Broken_Window_hypothesis_Baharom.pdf.jpg
  • Journal Article


  • Authors: Abdul Hamid, Baharom; Habibullah, Muzafar Shah (2014)

  • This study wishes to examine and validate the ‘broken window’ hypothesis among the fifty one states in the United States. The chosen method for this analysis is Johansen cointegration test to test for cointegration, and if any cointegrating vector is found, we proceed to test for Granger causality based on VECM. We test whether property crime (proxy for minor crime) leads to violent crime (proxy for major crime) in the fifty one states with respect to the period 1960 to 2007. Result of the study indicates that violent crime and property crime are cointegrated in forty eight states out of fifty one states. Further analysis to test for the validity of the broken window hypothesis provid...

  • Does_prospectus_information_matter_in_IPO_pricing_mansur_etal.pdf.jpg
  • Journal Article


  • Authors: Mohd-Rashid, Rasidah; Mohammed Masih, Abul Mansur; Abdul-Rahim, Ruzita; Che-Yahya, Norliza (2018)

  • The purpose of this study is to identify selected information from the prospectus that might signal the initial public offering (IPO) offer price. The results tend to provide support for the argument that firms with Shariah-compliant status reflect lower uncertainty and project better signalling of quality due to greater scrutiny by the government and thus are able to offer IPOs at higher prices. Similarly, firms with a higher proportion of shareholder retention indicate lower risks as insiders forego their options to diversify their portfolio, and hence could price their IPOs higher. Finally, the involvement of institutional investors and higher underwriter ranking could be used by f...

  • economic_crime_blown_out_proportion_real_threat_baharom_2015.pdf.jpg
  • Industry Article


  • Authors: Abdul Hamid, Baharom (2015-07-01)

  • There is ambiguity in defining economic crime or sometimes referred to as white collar crime or finance crime. The general notion refers to economic crimes as illegal acts in which offenders' principal motivation appears to be economic gain. However, is it possible to conclude on the offenders' motivation merely by observing the criminal act? Another school of thought claims that economic crimes are illegal acts that successfully provide offenders with an economic return or for which victims incur an economic cost.

  • elder_abuse_malaysia_aishath.pdf.jpg
  • Journal Article


  • Authors: Muneeza, Aishath (2010)

  • The purpose of this research is to formulate a legal framework to resolve the issue of elder abuse which is a malicious act prevalent in the Malaysian society, which people do not know how to recognise. The methodology employed is library based research. The focus of this research is to analyse the different types of elder abuse and to identify the ways in which society can be educated in the matter and to find out the most suitable solution to this problem. It is argued here that like child abuse, elder abuse is also a problem in our society where attention must be given and the victims of this 'crime' must also be given protection and the offenders must be punished. The Islamic poin...

  • fatwa_shariah_methodology_Islamic_finance_ahcene.pdf.jpg
  • Journal Article


  • Authors: Lahsasna, Ahcene (2011)

  • Fatwa plays a very significant role in Shariah by providing different resolutions and solutions to the Muslim community when it is needed to ensure the compliance with principles of Shariah and commends of God. It should be understood that fatwa is not confined to particular section in Islamic law but it covers the entire sections and subsection of Islamic law including business, finance and trade. Today, fatwa takes a different shape in Islamic finance; it is introduced and presented in the industry in the form of resolutions issued by Shariah board members who represent Shariah corporate governance body in the structure of the Islamic financial institutions. The resolution is furthe...