Malaysia and the Muslim World: Harnessing the OIC Market Through Trade and Islamic Finance (UUM Press)
Malaysia and the Muslim World: Harnessing the OIC Market Through Trade and Islamic Finance (UUM Press)

Author: Irwan Shah Zainal Abidin

Publisher: UUM Press

Published: 2021-03-01

Total Pages: 204

ISBN-13: 9672486332

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As the collective voice of the Muslim world and as the second largest inter-governmental organisation after the United Nations, the Organisation of Islamic Cooperation (OIC) is, without doubt, the best platform for the Muslim community, or the Ummah to address issues which have afflicted them in so many ways, be it politically, economically, or socially. Since September 11, 2001, Islam and the Islamic community worldwide has been attacked into so many unjust accusations, which is now known as Islamophobia. The basic premise of this book is that one of the main factors which caused this unnecessary prejudice, hate, and fear against Islam and the Muslim world is the fact that the Muslim community has failed to optimally harness its economic potentials to build a greater and stable political and social community which they have all the capacities to become. This book argues that one of the solutions to overcome this state of affair is for a few like-minded countries in the OIC, like Malaysia, to initiate policies and programmes of economic empowerment for the Muslim world. This can be done by enhancing Malaysia-OIC trade and investment linkages and promoting crucial sectors, such as Islamic finance and Islamic social finance. This book is not merely to provide detailed discussions on these issues based on the empirical results, but also highlighted some policy implications and provides future directions for Malaysia to play a crucial role in unlocking the economic potentials of the Ummah so that it can be strengthened further for the betterment of the Muslim world at large.

Reflections on the Malaysian Economy Post-GE 14 : Issues and Challenges (UUM Press)
Reflections on the Malaysian Economy Post-GE 14 : Issues and Challenges (UUM Press)

Author: Irwan Shah Zainal Abidin

Publisher: UUM Press

Published: 2021-10-03

Total Pages: 144

ISBN-13: 9672486588

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The victory of the Pakatan Harapan (PH), or the Alliance of Hope on May 9, 2018 in the Malaysian 14th General Election (GE14) was not just stunning, but historic. Moreover, the second comeback of Tun Dr. Mahathir Mohamad as the seventh Prime Minister of Malaysia was indeed impressive. The results of the GE14 were clearly against the tide as many political pundits and analysts had predicted a win for the Barisan Nasional (BN) coalition with differences only in matters of margins. Similar to Malaysia’s 13th General Election (GE13), which was held on May 5, 2013, the main issue in the GE14 was also about the economy. The rise in cost of living was perhaps the mother of all issues which caused the downfall of the BN government for the first time since independence. Other crucial economic issues centered on alleged corruption practices and manifested through the 1Malaysia Development Berhad (1MDB) saga. As a new federal power for 22 months, the PH government had a daunting task not just to address economic issues mentioned above, but also the other alleged economic problems which they had highlighted in their election manifesto. On top of that, the PH government had the responsibility to maintain, if not to improve further what the BN government had done to the Malaysian economy in the past, of which World Bank economists described as a success story, “a very strong economy” and “growing towards a high-income.” Post-GE14, what is the state of the Malaysian economy and its direction? What are lessons that can be learned from the PH economic management? And with the Perikatan Nasional (PN) government succeeding the federal power in March 2020 in the midst of the Covid-19 pandemic, what are the pressing issues and what needs to be done moving forward especially in the context of the economic challenges arising from the pandemic and post-Covid-19 era? These are some critical questions which this book is trying to address. The book essentially argues for the need to give greater focus to economic issues above anything else by envisioning a new national vision and engineering a new wave of economic structural reforms primarily based on insights from the vast Malaysian economic history lessons

Finance for City Leaders Handbook
Finance for City Leaders Handbook

Author: Marco Kamiya

Publisher: UN

Published: 2016

Total Pages: 292

ISBN-13:

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Finance for City Leaders presents an up-to-date, comprehensive, and in-depth analysis of the challenges posed by rapid urbanization and the various financing tools municipalities have at their disposal.

Short of the Goal
Short of the Goal

Author: Nancy Birdsall

Publisher: CGD Books

Published: 2006

Total Pages: 500

ISBN-13: 1933286059

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'Short of the Goal' analyses US policy toward poorly performing states that are ineligible for new U.S. foreign assistance programs and examines the role of specific policy instruments in building state capacity to prevent deterioration and collapse.

Islamic Capital Market
Islamic Capital Market

Author: Malaysia. Suruhanjaya Sekuriti

Publisher:

Published: 2011-11-16

Total Pages: 0

ISBN-13: 9789835371127

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Islamic Capital Market is a series of six titles endorsed by the Securities Commission Malaysia and published by LexisNexis. The publication of the books is in response to the expanding role of Islamic capital market, resulting from the phenomenal growth of Islamic capital market globally. The six titles provide an understanding of the basic concepts of Islamic capital market, its features and philosophy, the applicable regulatory principles, legal and accounting frameworks, important challenges, key trends, fundamentals and the governing principles of Islamic commercial law (Fiqh al-muamalat), as well as the distinctive features and structures of Islamic equities and Islamic securities (sukuk).It is an excellent reference for professionals in both Islamic and conventional capital markets. Anyone aspiring to become a practitioner or be engaged in the Islamic capital market will find these books useful as reference materials. The six titles in the Islamic Capital Market series are:(1) Introduction to Islamic Capital Market(2) Islamic Commercial Law (Fiqh al-Muamalat) (3) Regulatory Requirements, Legal Documentation, Accounting, Auditing and Taxation in the Islamic Capital Market (4) Islamic Equity Market(5) Islamic Securities (Sukuk) Market(6) Valuation of Securities

Defining Islamic Statehood
Defining Islamic Statehood

Author: Imam Feisal Abdul Rauf

Publisher: Palgrave Macmillan

Published: 2015-10-14

Total Pages: 0

ISBN-13: 9781137446800

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This groundbreaking book offers in-depth analysis of the modern Islamic state, applying a quantitative measurement of how Muslim majority nations meet the definition. Content for the book was developed through extensive debate among a panel of distinguished Sunni and Shia Muslim scholars over seven years.

Handbook of Islamic Banking
Handbook of Islamic Banking

Author: Kabir Hassan

Publisher: Edward Elgar Publishing

Published: 2009-01-01

Total Pages: 472

ISBN-13: 9781847205414

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The Handbook of Islamic Banking comprises 25 studies by leading international experts on Islamic banking and finance specially commissioned to analyse the various debates and the current state of play in the field. From its origins thirty years ago, Islamic banking has expanded rapidly to become a distinctive and fast growing segment of the international banking and capital markets. Despite this expansion, Islamic banking still remains poorly understood in many parts of the Muslim world and continues to be a mystery in much of the West. This comprehensive Handbook provides a succinct analysis of the workings of Islamic banking and finance, accessible to a wide range of readers. At the same time, it seeks to bring the current research agenda and the main issues on Islamic banking before a wider audience. Islamic banking offers, as an alternative to conventional interest-based financing methods, a wide variety of financial instruments and investment vehicles based on profit-and-loss sharing arrangements. These are all explored in detail along with other subjects such as governance and risk management, securities and investment, structured financing, accounting and regulation, economic development and globalization. M. Kabir Hassan, Mervyn Lewis and the other contributors have created an authoritative and original reference work, which will contribute to a wider understanding of Islamic banking as well as provoking further discussion and research. It will be invaluable to all scholars, researchers and policymakers with an interest in this subject.

Contemporary Issues and Development in the Global Halal Industry
Contemporary Issues and Development in the Global Halal Industry

Author: Siti Khadijah Ab. Manan

Publisher: Springer

Published: 2016-06-24

Total Pages: 581

ISBN-13: 9811014523

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This book features more than 50 papers presented at the International Halal Conference 2014, which was held in Istanbul and organised by the Academy of Contemporary Islamic Studies of Universiti Teknologi MARA. It addresses the challenges facing Muslims involved in halal industries in meeting the increasing global demand. The papers cover topics such as halal food, halal pharmaceuticals, halal cosmetics and personal care, halal logistics, halal testing and analysis and ethics in the halal industry. Overall, the volume offers a comprehensive point of view on Islamic principles relating to the halal business, industry, culture, food, safety, finance and other aspects of life. The contributors include experts from various disciplines who apply a variety of scientific research methodologies. They present perspectives that range from the experimental to the philosophical. This volume will appeal to scholars at all levels of qualification and experience who seek a clearer understanding of important issues in the halal industry.

User Science and Engineering
User Science and Engineering

Author: Natrah Abdullah

Publisher: Springer

Published: 2018-08-21

Total Pages: 376

ISBN-13: 9811316287

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This book constitutes the refereed proceedings of the 5th International Conference on User Science and Engineering, i-USEr 2018, held in Puchong, Malaysia, in August 2018. The 32 papers accepted for i-USEr 2018 were selected from 72 submissions with a thorough double-blind review process. The selected papers illustrate how HCI is inclusive and omnipresent within the domains of informatics, Internet of Things, Quality of Life, and others. They are organized in the following topical sections: design, UX and usability; HCI and underserved; technology and adoption; human centered computing; HCI and IT infrastructure; and HCI and analytics.

Evaluating the Malaysian Economy 2009 – 2018: Growth, Development and Policies (UUM Press)
Evaluating the Malaysian Economy 2009 – 2018: Growth, Development and Policies (UUM Press)

Author: Irwan Shah Zainal Abidin

Publisher: UUM Press

Published: 2020-03-01

Total Pages: 219

ISBN-13: 9672363141

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Malaysia was once on the cusp of becoming one of the ‘Asian Tigers’ as a result of the impressively high growth rates recorded in the early 1990s. From 1990 until 1997, the growth rate was above 9 percent per annum on average. This performance came to an end when the economy was struck by the 1997/98 Asian Financial Crisis, the worst economic crisis Malaysia has ever experienced since independence. Things eventually worsened with the onslaught of the 2008/09 Global Financial Crisis, which dragged the Malaysian economy yet into another round of a recession with the growth rate contracting at 1.5 percent in 2009. On hindsight, these two events, which have had a substantial impact on the state of the Malaysian economy, pointed to several urgent calls for economic reforms, such as the need to address structural weaknesses of the economy and to have a growth target which is both sustainable as well as inclusive. When Datuk Seri Najib Razak became the sixth Prime Minister of Malaysia from April 2009 until May 2018, it was clear that a new approach to economic development for Malaysia had to be crafted. Towards this end, he introduced the National Transformation Policy (NTP), so that the economy can be transformed into one that is of high-income and developed status by the year 2020. He also set a new vision for Malaysia, also known as the 2050 National Transformation, or TN50, which is meant to chart a new course for Malaysia to move into the second half of the 21st century. How successful is this transformational agenda? What are the other issues and challenges which need to be addressed? What important lessons can we learn from this transformational journey? This book is an attempt to address these specific questions by assessing Najib’s economic plans, policies, programmes and vision which evolved during the nine years of his term as the sixth Prime Minister of Malaysia.