Liputan akhbar sering mengkritik siswazah dari Institusi Pendidikan Tinggi Awara dan mendakwa mereka mempunyai kekurangan dari aspek kemahiran komunikasi, kebolehan berbahasa Inggeris, pemikiran kreatif, dan kebolehan interaksi sosial yang diperlukan untuk memperolehi pekerjaan. Isu ini hangat diperkatakan, namun kajian saintifik tempatan berhubung isu ini masih terlalu kurang. Menyedari hakikat pentingnya aspek kemahiran ini ditekankan maka kajian berbentuk tinjauan dengan menggunakan borang soal selidik digunakan untuk mendapat maklum balas ahli akademik dan majikan terhadap aspek penguasaan kemahiran hubungan manusia dan komunikasi, analitikal dan konseptual, pemikiran kreatif dan kritis, teknikal, kerja berpasukan, kepimpinan, mengurus perubahan, dan atribusi yang perlu dimiliki. Di samping itu kajian ini bertujuan untuk melihat adakah terdapat perbezaan persepsi di antara ahli akademik dengan majikan mengenai aspek kemahiran yang dinyatakan di atas. Sampel kajian terdiri daripada .....

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This paper empirically investigates co-integration between Islamic stock market in Malaysia, Indonesia and the world by applying the Vector Auto Regression (VAR) method. This research used monthly data from January 2007 to May 2012 taken from authorized sources. The finding shows that there is no long-run or equilibrium relationship exists between FTSE Bursa Malaysia Emas Shariah (FBMES), Jakarta Islamic Index (JAKISL), and Dow Jones Islamic Market index (DJIM). Based on the result, hence, it can be concluded that the Islamic stock markets of Malaysia does not integrate with Indonesia’s, as well as with the world markets in the long run. This will create rooms for investors to diversify their investment portfolios, which puts Malaysia as one of their favoured investment destinations. From the Granger causality view, the return of JAKISL and DJIM is driven by the return of FBMES in the short run...

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Kertas kerja ini bertujuan menganalisis kesan dasar kewangan terhadap jenis kontrak pembiayaan dalam sistem perbankan Islam (SPI) di Malaysia. Dua kategori kontrak ditawarkan dalam SPI iaitu kontrak pembiayaan berasaskan prinsip jual beli (Bai’) yang terdiri daripada kontrak Bai’ Bi Thaman Ajil (BBA), Ijarah (IJA), Ijarah Thumma al-Bai’ (ITHB) serta Murabahah (MRB) dan kategori kedua adalah berasaskan perkongsian iaitu kontrak Mudarabah (MDB) dan Musyarakah (MSK). Analisis bagi enam jenis kontrak ini dilakukan menggunakan model VAR melalui dua bentuk ujian iaitu Fungsi Tindak Balas (IRF) dan penguraian varian (VDC). Data bulanan dari bulan Januari, 2007 hingga bulan Jun, 2010 digunakan bagi mencapai tujuan kajian ini. Hasil daripada analisis IRF, kontrak BBA, IJA, MSK dan MDB sensitif dengan inovasi atau perubahan dalam pemboleh ubah dasar kewangan. Dapatan daripada ujian VDC pula menunjukkan pemboleh ubah kewangan mempunyai kekuatan relatif untuk meramal kontrak jual beli antara.....

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This research will focus on the impact of oil price shocks and macroeconomic variables on Islamic stock market in Malaysia. The objective of this research is to evaluate the relationship between oil price, macroeconomic indicators and Islamic stock market in Malaysia using an estimation of Vector Auto Regression (VAR) method. The variables involved in this research are Crude Oil Price (COP), Industrial Production Index (IPI), Consumer Production Index (CPI), Aggregate Money Supply (M3), Islamic Interbank Rate (IIR), Exchange Rate of Malaysian Ringgit-United States Dollar (MYR) and FTSE Bursa Malaysia Emas Shariah Index (FBMES). This research used monthly data from January 2007 to December 2011 taken from authorized sources. The findings showed that Islamic stock prices are co-integrated with oil price and selected macroeconomic variables. Based on cointegration relationship analysis, the Islamic stock price is related positively and significantly with IPI, CPI and COP variables but rel.....

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This study explores the financial fund performance of mosque institution throughout Perak. Information related to mosque financial fund is vital to be studied as it is an institution responsible for development of Islam in the society. With resources from contributions and donations from various parties, mosque institution is believed to be able to carry out this trusted duty and responsibility. For the purpose of this study, questionnaires were administrated to 617 representatives of mosques in Perak. However, only 357 have responded. The findings show that mosque institution in Perak has a considerable amount of financial fund from both cash deposit as well as owned assets. It is found that the institutions’ cash deposit in bank as at December 2011 amounting to RM8.5 million. This situation indirectly indicates that the mosque institution should be more active and progressive in giving greater spillover impact to Muslim society in contributing to the development of Perak...

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Peranan masjid kepada umat Islam amat luas ruang lingkupnya kerana ia adalah institusi yang boleh menyatukan seluruh umat Islam. Pengembangan ekonomi masjid merupakan antara langkah yang boleh dilakukan oleh institusi masjid untuk tujuan pengimarahan. Melalui pengenalan sistem elektronik perakaunan masjid (EMAS) yang telah dilaksanakan oleh institusi masjid di Negeri Perak, mendapati jumlah dana masjid yang terkumpul dalam bentuk simpanan tunai beserta tanah wakaf yang tidak diusahakan adalah banyak. Oleh yang sedemikian, institusi masjid seharusnya menjana ekonominya bagi memastikan kelangsungan aktiviti masjid dapat diteruskan dan seterusnya memacu pembangunan ekonomi ummah melalui penglibatan dalam kegiatan-kegiatan ekonomi yang produktif...

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Pembiayaan pajak gadai konvensional telah wujud sejak abad ke-19 lagi. Namun, praktis pemberian pinjaman daripada pajak gadai konvensional sering dikaitkan dengan penyelewengan dan mempunyai unsur eksploitasi terhadap peminjam. Sebagai alternatif, pajak gadai Islam yang pertama telah diwujudkan pada tahun 1992 iaitu Muassasah Gadaian Islam Terengganu dengan inisiatif oleh Majlis Agama Islam dan Adat Melayu Terengganu (MAIDAM). Sehingga tahun 2013, terdapat 464 buah cawangan daripada 10 institusi yang menawarkan pembiayaan pajak gadai Islam berbanding pajak gadai konvensional yang berlesen iaitu 259 buah. Tujuan kajian ini adalah untuk menganalisis persepsi tiga perintis utama pemegang pajak gadai Islam di Malaysia iaitu MAIDAM, YaPEIM dan Bank Kerjasama Rakyat Malaysia berkaitan aspek kemapanan dan daya saing produk, isu pembiayaan berfokuskan penggunaan dan kesedaran masyarakat terhadap kewujudan pajak gadai Islam. Kajian ini menggunakan kaedah kualitatif yang melibatkan temu bual sep.....

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Zakat is the fourth pillar of Islam and mandatory to be conducted by every Muslim with the compliance of syara’ prescription. Among the types of zakat that closely related to every Muslim is Zakat Fitrah. The law of zakat fitrah is mandatory and has its own specific duration of payment. Thus, this article intends to analyze the extend of payment made by the Muslim society using the formal channel through Zakat Centre. Based on the amount of zakat fitrah collection, the rate of zakat fitrah and the number of Muslim in Malaysia, the finding of the study indicates that the amount of zakat fitrah is increasing each year. However, the result also finds that the payment of zakat through informal channel or direct distribution to receivers is also increasing. Therefore, direct distribution must be controlled to ensure the government objective in establishing the zakat centre is efficiently achieved due to the fact that centralized distribution will ensure fairness and justice...

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Hubungan dagang antara negara adalah amat penting bagi pertumbuhan ekonomi dan ini seharusnya benar biarpun negara-negara terlibat berbeza ideologi. Artikel ini bertujuan menganalisis hubungan keseimbangan perdagangan antara Malaysia sebagai sebuah negara Islam dan China serta kesannya terhadap pertumbuhan ekonomi Malaysia. Kajian ini menggunakan data suku tahunan dari suku pertama 1999 hingga suku keempat 2013 yang diambil dari sumber-sumber yang berautoriti. Menggunakan kaedah penganggaran Vektor Autoregrasi (VAR) yang terpiawai, kajian ini mengaplikasikan ujian integrasi, ujian ko-integrasi, dan ujian penyebab Granger dalam bentuk Model Vektor Pembetulan Ralat (VECM). Hasil kajian menunjukkan wujudnya hubungan keseimbangan jangka panjang antara pertumbuhan ekonomi Malaysia dengan jumlah eksport benar Malaysia ke China (EXm), jumlah import benar Malaysia dari China (IMm), dan juga jumlah Keluaran dalam Negara Kasar benar China (KDNKc). Dari aspek hubungan penyebab Granger jangka pend.....

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Mosque is a religious institution that has an important role in Islamic society. Though the establishment was initially as a place of worship, but the function and its importance is growing from time to time. One of the roles is to develop the Muslims economy through the management of charity, endowment and so on. With the donations and endowment obtained from various parties, mosque institutions are believed to be able to execute this responsibility and trust. Therefore, the purpose of this study is to identify the level of acceptance of the society towards the mosque the potential of mosque fund expansion in Perak state. This study was conducted on 4,000 respondents across the state of Perak with a total of 2,337 persons (58.42 percent) responded to the questionnaires. The results showed that nearly 75 percent of the respondents agreed that the mosque funds should be expanded to activities that can increase the mosques’ income and led to a positive impact on society. However, in th.....

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