Browsing by Author "Khairi, Khairil Faizal"
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Publication Corporate Waqf As An Instrument For Sustainability Of Economic Well-Being(Universiti Sains Islam Malaysia, 2014-04-29) ;Hasbullah, Nurul AdilahKhairi, Khairil FaizalWaqf is a one of the instrument for the poverty alleviation among the community because it can encourage the development of economic well-being. If the economic well-being of people can reach, thus there is no gap between the rich and poor. In order to ensure that the waqf system line with the modernization nowadays, then corporate waqf was introduced. Johor Corporation Berhad (JCorp) is an innovator of this corporate waqf which bring the great changes to the waqf system as a whole. The objective of this article is to identify the uniqueness of the corporate waqf and to investigate the contribution of this type of waqf towards economic well-being of the people. The methodology of this article is a quantitative research based on the document analysis of relevant references. The general finding of this article shows that the proper implementation of corporate waqf is very useful in developing the economic well-being of the people. - Some of the metrics are blocked by yourconsent settings
Publication Credit risk management practices: A study on Islamic Banking vs. conventional Banking in Malaysia(Medwell Journals, 2018) ;Basah, Mohamad Yazis Ali ;Mohamad, Siti Nor Amira ;Aziz, Muhammad Ridhwan Ab. ;Khairi, Khairil Faizal ;Laili, Nur Hidayah ;Sabri, Hisham ;Yusuf, Mazlynda Md ;Faculty of Economics and MuamalatUniversiti Sains Islam Malaysia (USIM)This study is conducted in order to identify on how Islamic bank and conventional bank are difference in term of pre-approval financing. This study is concentrating on the evaluation of credit assessment for business financing by applying qualitative method by interviewing 5 credit analysts in banking institution. Interviews conducted is divided into two main parts: first, the current practices of credit assessment in pre-approval stage and post-approval stage. Second, the study on how Islamic elements being utilised in making financing decision, thus, managing credit risk. In the first part, it was found that there were no differences between Islamic and conventional bank in term of credit assessment. However, most of the respondents advise that, Islamic banks should come out with more proactive credit assessment rather than depending on conventional practices. For the second part, all of the respondents held similar views and opinions that the Islamic elements such as Adl (fair and justice), Istiqamah (Continous), Akhlak, Syura and Tawakal should be implementaed in Islamic credit assessment. However, there is still lack framework on how these issues could be implemented. � Medwell Journals, 2018. - Some of the metrics are blocked by yourconsent settings
Publication Human and economic development through share WAQF (WAQF Corporate): The case of GLCS in Malaysia(2014) ;Khairi, Khairil Faizal ;Ab. Aziz, Muhammad Ridhwan ;Laili, Nur Hidayah ;Nooh, Mohammad Noorizzuddin ;Sabri, Hisham ;Ali Basah, Mohamad YazisUniversiti Sains Islam Malaysia (USIM)The institution of Waqf has played a significant role of providing opportunities in sharing the government's fiscal needs and improving the communities and nation welfare throughout Islamic history. Waqf have a potential to became one of the important devices regarding the socioeconomics realms in Muslim societies which will benefit the communities in term of education, health care, national security, transportation facilities, basic infrastructure, foods and job opportunities. The main objective of the current study is to explore the conceptual framework in improving the share waqf (waqf corporate) and identifies the uniqueness of the share waqf in Malaysia. In addition this study is to investigate the contribution of this type of share towards communities and nation welfare. The methodology of this study is a qualitative research based on the document analysis of relevant references. The interesting finding of this study indicates that the proper implementation of share waqf is very useful in developing the economic well being of the communities and nation especially if there is participation among GLCs. - Some of the metrics are blocked by yourconsent settings
Publication The study on factor that may influence credit risk management knowledge and awareness among micro business in Malaysia(Medwell Journals, 2016) ;Basah, Mohamad Yazis Ali ;Muhamad, Nur Masitah ;Sabri, Hisham ;Khairi, Khairil Faizal ;Abdullah, Mahdhir ;Yusuf, Mazlynda Md ;Faculty of Science and Technology ;Faculty of Economics and MuamalatUniversiti Sains Islam Malaysia (USIM)Micro business plays an essential role for the development of Malaysia. Based on SME annual report year 2011, micro business represents almost 80% of business census. This figure showed the importance of micro business towards the development of country. However, there are many problems associates with micro business such as difficulties to get financing, shortage of capital, owners' knowledge and experience and others. There are many study conducted on how microbusiness get financing, knowledge of accounting, entrepreneurial behaviour but there is limited study on how credit risk management in microbusiness. Additionally, the main critiques in micro business also about entrepreneurs' knowledge in term of credit risk management in running the business. This knowledge is very important in order to have a good business performance and sustainability. For that reason the study is conducted in order to explore on how credit risk management knowledge and awareness among the entrepreneurs can be associated with different types of business-sole-proprietorship, partnership and private limited company. The study is conducted by distributing 460 questionnaires among micro business in Negeri Sembilan. The results shows mixed significant results on the relationship between types of business with credit risk awareness and credit risk knowledge. There is a significant difference among types of business on credit risk awareness; however there is no difference for different types of business with knowledge of credit risk management. The findings are very important for the better development and management of microbusiness in Malaysia. It is very useful for financial provider, government and entrepreneur. � Medwell Journals, 2016.