Browsing by Author "Hamdi Hakeim Mudasir"
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Publication Evaluating Company's Performance Using Multiple Discriminant Analysis: A Study On Shariah Compliance Companies(Universiti Sains Islam Malaysia, 2006) ;Nuradli Ridzwan Shah Mohd Dali ;Hamdi Hakeim MudasirSuhaila Abdul HamidThe global business environment is really demanding the investors to be prepared with the emerging and dynamic markets. Measuring company's performance is important for management, shareholders, government, customers, suppliers and other stakeholders that have importance or linkage with the wealth distribution directly or indirectly. To evaluate company's performance, we need tools that can be used to measure the performance and one of most popular tools is the financial ratio analysis. This paper will explore the use of alpha Jensen technique to classify the shariah compliance companies in the Main Board of Bursa Malaysia into two categories i.e. performing and non performing. Then the result would be used with the companies 20 financial ratios to identify the model that could discriminate the performing and non performing companies using multiple discriminant analysis. The study found that only shareholders fund / share ratio is significantly contributing to the discriminant function. - Some of the metrics are blocked by yourconsent settings
Publication Evaluating Company's Performance Using Multiple Discriminant Analysis: The Case Of Shariah Compliance Companies(Inderscience Publisher Ltd., 2010) ;Nuradli Ridzwan Shah Mohd Dali ;Hamdi Hakeim MudasirSuhaila Abdul HamidThere are many tools that can be used to measure/evaluate the performance of a company and one of the most popular tools is using the financial ratios. This paper will explore the use of a combination of two different techniques using the time series data of share and market prices collected from Shariah compliance companies and cross-sectional financial ratios data of Shariah compliance companies. Share prices from 201 Shariah compliance companies listed in the Bursa Malaysia stock exchange were collected from 2000 to 2005 with their respective 2005 financial ratios. The Jensen Alpha technique is employed to classify the Shariah compliance companies in the Main Board Bursa Malaysia into two categories, i.e. performing and non-performing. Next, multiple discriminant analysis (MDA) technique is employed in identifying the ratio(s) that significantly influence the performing and non-performing companies. The MDA result shows that shareholders fund/share or net tangible asset ratio could differentiate significantly the non-performing and performing Shariah compliance companies. - Some of the metrics are blocked by yourconsent settings
Publication An Exploratory Study on The Managerial Ownership and the Informativeness of Earnings in the Trading and Services Sector: An Evidence from Malaysia(Universiti Sains Islam Malaysia, 2005) ;Suhaila Abdul HamidHamdi Hakeim MudasirThis study attempts to examine the relationship between managerial ownership with the informativeness of earnings in Malaysia. The informativeness of earnings is implied by the earnings' explanatory power for return. By using data from firms listed in the main board trading and services sector of Bursa Malaysia Berhad, the study found that at the level of 25%, managerial ownership has nonlinear relationship with the informativeness of earnings. The study also found that at the level of more than 25% managerial ownership, the firm size, risk and level of debt have inverse relationship with earnings. The finding perhaps offers another useful point to enhance understanding in the corporate governance practices in Malaysia. - Some of the metrics are blocked by yourconsent settings
Publication Housing Inflation: Policy Guidelines from Shariah Perspective(Universiti Sains Islam Malaysia, 2019) ;Azrul Azlan Iskandar Mirza ;Asmaddy Haris ;Ainulashikin Marzuki ;Ummi Salwa Ahmad Bustamam ;Hamdi Hakeim MudasirSiti Nurazira Mohd DaudThe soaring housing prices in Malaysia is not a recent issue. It is a global phenomenon especially in developing and developed countries, driven by factors including land price, location, construction materials cost, demand, and speculation. This issue demands immediate attention as it affects the younger generation, most of whom could not afford to buy their own house. The government has taken many initiatives and introduced regulations to ensure that housing prices are within the affordable range. This article aims to introduce a housing price control element from the Shariah perspective, as an alternative solution for all parties involved in this issue. It adopts content analysis methodology on policy from Shariah approved sources. - Some of the metrics are blocked by yourconsent settings
Publication Managing Healthcare in Pandemic: A Case Study of USIM Healthcare Sdn Bhd(Universiti Sains Islam Malaysia, 2021-08-23) ;Ummi Salwa Ahmad Bustamam ;Azrul Azlan Iskandar Mirza ;Hamdi Hakeim MudasirSiti Falindah PadleeNo abstract - Some of the metrics are blocked by yourconsent settings
Publication Potential Shariah Non-compliance Practices In E-bidding: Observation From E-bidding Platforms In Malaysia(USIM Press, 2022) ;Muhamad Azhari Wahid ;Khairil Faizal Khairi ;Hamdi Hakeim Mudasir ;Muhammad Farid Hadhari Mahamed Rusdi ;Azuan Ahmad ;Mohd Zakhiri Md NorAzrul Azlan Iskandar MirzaE-bidding has gained popularity in the modern world due to the technology advancement. Despite its popularity, contracting parties are exposed to Shariah non-compliance practices, which may lead to financial losses and disputes. Islamic jurisprudence provides guidelines assisting bidders and auctioneers in avoiding these practices. This study examines e-bidding platforms in Malaysia and highlights potential Shariah non-compliance issues based on Islamic jurisprudence guidelines. This study employs a qualitative data analysis method. Data are collected from the e-bidding platforms and their published documents. The findings revealed several practices that might lead to Shariah non-compliance issues in e-bidding platforms, including unverified bidders, elements of uncertainty, riba, gambling, and unavailability of khiyar (option). This study suggests several improvements to enhance procedures of e-bidding platforms to avoid financial losses and disputes among contracting parties in e-bidding. Hence, the improvement like verification of bidders, fulfilment of requirement for trading ribawi item, avoidance of element of uncertainty and gambling activities, and offering khiyar to successful bidder are suggested. - Some of the metrics are blocked by yourconsent settings
Publication Potential Shariah Non-Compliance Practices in E-Bidding: Observation from E-Bidding Platforms in Malaysia(Universiti Sains Islam Malaysia, 2021-08-23) ;Muhamad Azhari Wahid ;Azrul Azlan Iskandar Mirza ;Khairil Faizal Khairi ;Hamdi Hakeim Mudasir ;Azuan Ahmad ;Mohd Zakhiri Md NorMuhammad Farid Hadhari Mahamed RusdiE-bidding has gained popularity in modern world due to the advancement of technology. Despite its popularity, contracting parties are exposed to Shari’ah non-compliance practices which might lead to financial loss and dispute among contracting parties. Islamic jurisprudence provides guideline that may assist bidders and auctioneers to avoid these practices. This study aims to examine e bidding platforms in Malaysia and highlight potential Shari’ah non-compliance issues based on guideline offered by Islamic jurisprudence. This study employs qualitative data analysis method. Data are collected from the e-bidding platforms and its published documents which then are analyzed using content analysis. The findings revealed several potential Shari’ah non compliance practices in e-bidding platforms, among others are, unverified bidders, uncertainty, riba, gambling and unavailability of khiyar (option). Numbers of improvement are suggested to enhance procedures of e-bidding platform so that it will not lead to financial losses and dispute among contracting parties. Keywords: bidding; online bidding; electronic bidding; auction; online auction; electronic auction; Shari’ah non-compliance - Some of the metrics are blocked by yourconsent settings
Publication Teaching Case: Be Fearful When Others Are Greedy And Be Gready When Others Are Fearful(Universiti Sains Islam Malaysia, 2020-10-15) ;Nuradli Ridzwan Shah Mohd Dali ;Hamdi Hakeim Mudasir ;Muhamad Azhari WahidKhairil Faizal Khairi - Some of the metrics are blocked by yourconsent settings
Publication Teaching Guide: Be Fearful When Others Are Greedy And Be Greedy When Others Are Fearful(Universiti Sains Islam Malaysia, 2020-10-15) ;Nuradli Ridzwan Shah Mohd Dali ;Hamdi Hakeim Mudasir ;Muhamad Azhari WahidKhairil Faizal KhairiCovid19 pandemic has affected the stock market in the world in which many markets have plunged down due to the investors’ uncertainty regarding the economy directions. Even the oil process of WTI and Brent have been at its 20 years low. Nevertheless, many of the financial assets such companies which are fundamentally strong are affected because of market sentiments. Therefore, some investors are waiting for this moment to purchase undervalued stocks at a bargain price. There are named as the contrarians who buy when the market fear and sell when the market is greed. In the late of 2019, The People Republic of China has been stunned with the new virus that is similar to Severe Acute Respiratory Syndrome (SARS) and symptom like pneumonia. World Health Organization (WHO) reported that the pneumonia of unknown cause started in seafood market in Wuhan, Hubei province where traders at the market have had SARS like syndrome. It is believed that the virus originated in bats and transmitted to human. It is called novel coronavirus or MERS-COV2. A discussion between a few traders in Bursa Malaysia regarding the possibility of investing/trading in glove industry amid Covid19 has made Shamnesh buy two glove counters and made a handsome profit. However, during June, the glove counters technical indicators have shown some weaknesses in its trend. What should Shamnesh do with its current position, should he hold, or sell is positions?