Analysis of the acceptance of newly constructed mathematical model for Islamic unit trust among public

A new mathematical model for Islamic unit trust fund was constructed based on the Integration model and the gaps discovered from existing model of Islamic unit trust in Malaysia. The gaps are payment of zakat/tax and additional benefit for investors. The aim of this study is to investigate the acc...

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Main Authors: Puspa Liza, Ghazali, Wan Mohamad Asyraf, Wan Afthanorhan, Siti Nadhirah, Mohamad Fauzi
Format: Article
Language:English
Published: Penerbit Universiti Sultan Zainal Abidin 2020
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Online Access:http://eprints.unisza.edu.my/7117/1/FH02-FPP-20-41643.pdf
http://eprints.unisza.edu.my/7117/
https://doi.org/10.37231/jmtp.2020.1.1.1
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spelling my-unisza-ir.71172022-04-21T02:12:50Z http://eprints.unisza.edu.my/7117/ Analysis of the acceptance of newly constructed mathematical model for Islamic unit trust among public Puspa Liza, Ghazali Wan Mohamad Asyraf, Wan Afthanorhan Siti Nadhirah, Mohamad Fauzi HF Commerce A new mathematical model for Islamic unit trust fund was constructed based on the Integration model and the gaps discovered from existing model of Islamic unit trust in Malaysia. The gaps are payment of zakat/tax and additional benefit for investors. The aim of this study is to investigate the acceptance of public on this new constructed mathematical model. A total of 150 respondents were chosen among investors from Terengganu which has at least one unit of Islamic unit trust fund in Malaysia. The questionnaires distributed consist of four variables, where three were independent variables and one was dependent variable and analysed by using Statistical Package for the Social Science (SPSS). By using a Spearman’s correlation, it is found that each independent variable has moderate and strong correlation with the single variable. This can be concluded that the public has accepted this new constructed mathematical model. This study suggested that this new mathematical model is implemented by Islamic unit trust management in Malaysia and also, for investors to choose the Islamic unit trust which offer more benefits. Penerbit Universiti Sultan Zainal Abidin 2020-10 Article PeerReviewed text en http://eprints.unisza.edu.my/7117/1/FH02-FPP-20-41643.pdf Puspa Liza, Ghazali and Wan Mohamad Asyraf, Wan Afthanorhan and Siti Nadhirah, Mohamad Fauzi (2020) Analysis of the acceptance of newly constructed mathematical model for Islamic unit trust among public. The Journal of Management Theory and Practice, 1 (1). pp. 19-22. ISSN 2716-7089 https://doi.org/10.37231/jmtp.2020.1.1.1
institution Universiti Sultan Zainal Abidin
building UNISZA Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Sultan Zainal Abidin
content_source UNISZA Institutional Repository
url_provider https://eprints.unisza.edu.my/
language English
topic HF Commerce
spellingShingle HF Commerce
Puspa Liza, Ghazali
Wan Mohamad Asyraf, Wan Afthanorhan
Siti Nadhirah, Mohamad Fauzi
Analysis of the acceptance of newly constructed mathematical model for Islamic unit trust among public
description A new mathematical model for Islamic unit trust fund was constructed based on the Integration model and the gaps discovered from existing model of Islamic unit trust in Malaysia. The gaps are payment of zakat/tax and additional benefit for investors. The aim of this study is to investigate the acceptance of public on this new constructed mathematical model. A total of 150 respondents were chosen among investors from Terengganu which has at least one unit of Islamic unit trust fund in Malaysia. The questionnaires distributed consist of four variables, where three were independent variables and one was dependent variable and analysed by using Statistical Package for the Social Science (SPSS). By using a Spearman’s correlation, it is found that each independent variable has moderate and strong correlation with the single variable. This can be concluded that the public has accepted this new constructed mathematical model. This study suggested that this new mathematical model is implemented by Islamic unit trust management in Malaysia and also, for investors to choose the Islamic unit trust which offer more benefits.
format Article
author Puspa Liza, Ghazali
Wan Mohamad Asyraf, Wan Afthanorhan
Siti Nadhirah, Mohamad Fauzi
author_facet Puspa Liza, Ghazali
Wan Mohamad Asyraf, Wan Afthanorhan
Siti Nadhirah, Mohamad Fauzi
author_sort Puspa Liza, Ghazali
title Analysis of the acceptance of newly constructed mathematical model for Islamic unit trust among public
title_short Analysis of the acceptance of newly constructed mathematical model for Islamic unit trust among public
title_full Analysis of the acceptance of newly constructed mathematical model for Islamic unit trust among public
title_fullStr Analysis of the acceptance of newly constructed mathematical model for Islamic unit trust among public
title_full_unstemmed Analysis of the acceptance of newly constructed mathematical model for Islamic unit trust among public
title_sort analysis of the acceptance of newly constructed mathematical model for islamic unit trust among public
publisher Penerbit Universiti Sultan Zainal Abidin
publishDate 2020
url http://eprints.unisza.edu.my/7117/1/FH02-FPP-20-41643.pdf
http://eprints.unisza.edu.my/7117/
https://doi.org/10.37231/jmtp.2020.1.1.1
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score 13.211869