Purpose The purpose of this paper is to empirically explore the financial well-being (FWB) Malaysian households and construct a subjective FWB index with present future time perspectives. Design/methodology/approach Data were collected from 1,867 respondents across five major regions in Malaysia. Adapting InCharge Financial Distress/Financial Well-being (IFDFW) Scale by Prawitz et al. (2006) method computing an Devlin (2009), study develops using measures that include perspectives...

Purpose The purpose of this study is to propose and develop a zakat model for digital assets from the Sharīʿah perspective. Design/methodology/approach This research adopts qualitative method while studying literature thoroughly, it analyzes data through an exploratory approach assets. Findings aims within framework Sharīʿah. Using method, thoroughly examines existing uses model. findings suggest that hold potential be considered in contemporary age. Previous studies indicate both...

Purpose The purpose of this paper is to empirically examine the perception Islamic bank employees in Malaysia and selected Gulf Cooperation Council (GCC) countries, namely, Bahrain, Oman UAE, on various issues related business ethics practices banks at which they work. Design/methodology/approach required data determine employees’ ethical perceptions sourced from 144 completed survey questionnaires interviews with 12 senior executives. model normative used measure relationship between...

Abstract Young adults today face greater financial difficulties than previous generations as they transition from dependence to independence and require sufficient capabilities overcome setbacks. Few studies, however, have conducted a detailed analysis of the literature on young adults’ in Asia-Pacific region, home over 1.1 billion adults, US. Thus, this study systematically reviewed addressing factors affecting US accordance with RepOrting standards for Systematic Evidence Syntheses (ROSES)...

The issue of corporate social responsibility (CSR) has been growing concern among business communities in recent years. Various leaders maintain that is considered to contribute fully the society if it efficient, profitable and socially responsible. Islam as ad-din (a way life), thus, providing comprehensive guidelines every aspect believers' life. It aim this paper propose an Islamic model based on human relationships with God (hablun min'Allah); other fellow beings min'an-nas) environment....

Purpose The purpose of this paper is to explain the importance understanding halal business from an Islamic perspective. Business use Quranic and fiqhi word now conspicuous because penetration product ideas not only into food products but also pharmaceutical, cosmetic, leisure entertainment industries. Design/methodology/approach This evaluates authenticity prevailing initiatives. Toward evaluation, explains frame reference shows ethical excellence enterprises. framework based on injunctions...

This study contributes to the growing debate on relation between varying stock market conditions and profitability of anomalies. We investigate effect changed time-varying contrarian in order examine presence Adaptive Market Hypothesis (AMH) South Asian emerging markets. The empirical findings reveal that a strong holds all also find return opportunities vary over time based portfolios. show returns strengthen during down state market, higher volatility crises periods, particularly financial...

The study aims to address the concept of wealth from perspective Sharīʿah and its relationship contemporary digital assets such as cryptocurrency (Bitcoin). qualitative research approach is adopted for this research. data collected several resources books, journal articles, reports, conferences papers, websites. analyzed through an explanatory by providing scholars’ opinions their arguments on subject matter. findings show that provides certain conditions consider something asset or currency...

This study compares the level of financial well-being (FWB) and its antecedents(financial stress, behaviour, literacy, internal locus control(LOC)) across individuals different employment categories in Malaysia. Second, it investigates relationship between those antecedents FWB differences strength. Data were collected from 1,867 respondents four employmentgroups using a questionnaire-based survey. Descriptive statistics analysis variance (ANOVA) conducted to achieve first research...

This article presents empirical test results of Malaysian foreign exchange market microstructure assessment rate dynamics. We apply vector autoregressive (VAR) model to estimate the influential role currency order flow in determination for ringgit (MYR) against US dollar (USD). investigate whether captures movements MYR USD, and how long-term short-term components impact relative estimation international market. We, construct a measure reflect pressure excess demand. Our focus is on...

Research aim: The paper addressed two objectives: examining the differences in behavioural traits with regard to risk attitudes, and explore financial attitudes demographic profiles of Malaysian investors.Design/ Methodology/ Approach: Using t-test one-way analysis variance (ANOVA), this investigates how trait bias among 241 master business administration students Malaysia affect their attitudes.Research finding: First, we find that takers have higher levels overconfidence, maximization,...

Purpose The purpose of this paper is to present the essential role that currency order flow plays in foreign exchange markets emerging economies determination their currencies short and long-run against major world, which cannot be over emphasized, most especially US dollar. Insomuch that, if some these can successfully transmitted into full development, it would a good model for other world at large. Design/methodology/approach A hybrid (portfolio shift model) proposed by Evans Lyons...

A well-managed financial market of stocks, commodities, derivatives, and bonds is crucial to a country’s economic growth. It provides confidence investors, which encourages the inflow cash ensure good liquidity. However, there will always be group traders that aims manipulate pricing negatively influence stock values in their favor. These illegal trading activities are surely prohibited according rules regulations every market. role regulators detect prevent any manipulation cases order...

Abstract This article undertakes an empirical examination of pure rights issues in Malaysia. Though pricing efficiency is the main focus, we also examine related issues. We study a total 38 that occurred over 8-year period January 1998 to December 2005. Using two alternative valuation models, adjusted Black–Scholes Call Option Model (BSOPM) and traditional Implied Rights Valuation (IRVM), find Malaysian market be inefficient rights. Mispricing quite extensive with predominance overpricing....