New mathematical model for Islamic unit trust
The demand for Islamic unit trust which is the alternative to the interest- based market become increasing day by day. This encourages the Malaysian government to take the various intervention and measures, so that interest free market which is Shariah Compliant can be introduced. The aim of thi...
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Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
2019
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Subjects: | |
Online Access: | http://eprints.unisza.edu.my/6756/1/FH02-FPP-20-48162.pdf http://eprints.unisza.edu.my/6756/ |
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Summary: | The demand for Islamic unit trust which is the
alternative to the interest- based market become increasing day by
day. This encourages the Malaysian government to take the
various intervention and measures, so that interest free market
which is Shariah Compliant can be introduced. The aim of this
research is to construct a new formulation of Islamic unit trust for
better incomes of Muslim customers’. The method of this
researches to derivate a new model by using the new concept of
dividend. In findings, the new model of formulation can be
contrasted in Islamic unit trust. This new model is a suggestion
for unit trust management to be applied in the future time. |
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