Kajian Kegiatan Sekim Cepat Kaya Di Semenanjung Malaysia

This exploratory study examined the activities of the Get-Rich-Quick schemes in Peninsular Malaysia. Its main objective is to understand how the schemes are operated and to study the activities from the syarak point of view. The focus of the study is to understand the motivations, both the partic...

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Main Authors: Muhamad Muda, Prof. Dr., Md. Yunus Abd. Aziz, Muhamad Haizuan Rozali
Format: Research Report
Language:Burmese
Published: Kolej Universiti Islam Malaysia 2015
Online Access:http://ddms.usim.edu.my/handle/123456789/7859
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spelling my.usim-78592015-03-19T03:15:55Z Kajian Kegiatan Sekim Cepat Kaya Di Semenanjung Malaysia Muhamad Muda, Prof. Dr. Md. Yunus Abd. Aziz Muhamad Haizuan Rozali This exploratory study examined the activities of the Get-Rich-Quick schemes in Peninsular Malaysia. Its main objective is to understand how the schemes are operated and to study the activities from the syarak point of view. The focus of the study is to understand the motivations, both the participants as well as the promoter, for them to be involved in such schemes. Using interviews and secondary data, following on the case study approach, the study obtained data pertaining to the types, forms and modus operandi of the schemes. In addition, it also examined the economic and psychological impact on the victims. The data were analysed using the content analysis and grounded hypothesis. Despite it is well-known that the schemes possess the elements of fraud and deceptions, yet many people in many places continued to participate and ended up as victims. They do not only lost money and wealth, but also suffer mental anguish. On the other hand, despite contravening the law and the promoters are punishable severely in the court of law, the activities continued to appear within the society. Many of the victims appear to be more prominent, though not exclusively, in the low income group and from a certain racial group - particularly the Bumiputera. The promoter, however, are of various backgrounds. Due to the existence of fraud and deception elements, the schemes are viewed as haram from the syarak perspective. The main motivation for the respondents to participate in the scheme is the urge to get-rich-quick and the convincing approach made by the promoters. Those whose urge to get rich quick appear as an influence by the existing participants. This factor is exarcebated by lack of knowledge about investments and the element of awe among the victims towards the promoter, whose pursuasive skills are said to be very effective and they also used all possible methods to lure and impress upon the victims, including using religious approach. The study suggests a more aggressive "public education" programmes among the public in order to eradicate the unbecoming activities. This should also include using religious approach. It is also suggested that, a program for creating awareness for proper financial planning among the Bumiputra be created. However, a thorough understanding of the aspiration of the Malays is necessay in order to ensure effectiveness of this programme. 2015-03-19T03:15:55Z 2015-03-19T03:15:55Z 2003-10-06 Research Report http://ddms.usim.edu.my/handle/123456789/7859 my Kolej Universiti Islam Malaysia
institution Universiti Sains Islam Malaysia
building USIM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universit Sains Islam i Malaysia
content_source USIM Institutional Repository
url_provider http://ddms.usim.edu.my/
language Burmese
description This exploratory study examined the activities of the Get-Rich-Quick schemes in Peninsular Malaysia. Its main objective is to understand how the schemes are operated and to study the activities from the syarak point of view. The focus of the study is to understand the motivations, both the participants as well as the promoter, for them to be involved in such schemes. Using interviews and secondary data, following on the case study approach, the study obtained data pertaining to the types, forms and modus operandi of the schemes. In addition, it also examined the economic and psychological impact on the victims. The data were analysed using the content analysis and grounded hypothesis. Despite it is well-known that the schemes possess the elements of fraud and deceptions, yet many people in many places continued to participate and ended up as victims. They do not only lost money and wealth, but also suffer mental anguish. On the other hand, despite contravening the law and the promoters are punishable severely in the court of law, the activities continued to appear within the society. Many of the victims appear to be more prominent, though not exclusively, in the low income group and from a certain racial group - particularly the Bumiputera. The promoter, however, are of various backgrounds. Due to the existence of fraud and deception elements, the schemes are viewed as haram from the syarak perspective. The main motivation for the respondents to participate in the scheme is the urge to get-rich-quick and the convincing approach made by the promoters. Those whose urge to get rich quick appear as an influence by the existing participants. This factor is exarcebated by lack of knowledge about investments and the element of awe among the victims towards the promoter, whose pursuasive skills are said to be very effective and they also used all possible methods to lure and impress upon the victims, including using religious approach. The study suggests a more aggressive "public education" programmes among the public in order to eradicate the unbecoming activities. This should also include using religious approach. It is also suggested that, a program for creating awareness for proper financial planning among the Bumiputra be created. However, a thorough understanding of the aspiration of the Malays is necessay in order to ensure effectiveness of this programme.
format Research Report
author Muhamad Muda, Prof. Dr.
Md. Yunus Abd. Aziz
Muhamad Haizuan Rozali
spellingShingle Muhamad Muda, Prof. Dr.
Md. Yunus Abd. Aziz
Muhamad Haizuan Rozali
Kajian Kegiatan Sekim Cepat Kaya Di Semenanjung Malaysia
author_facet Muhamad Muda, Prof. Dr.
Md. Yunus Abd. Aziz
Muhamad Haizuan Rozali
author_sort Muhamad Muda, Prof. Dr.
title Kajian Kegiatan Sekim Cepat Kaya Di Semenanjung Malaysia
title_short Kajian Kegiatan Sekim Cepat Kaya Di Semenanjung Malaysia
title_full Kajian Kegiatan Sekim Cepat Kaya Di Semenanjung Malaysia
title_fullStr Kajian Kegiatan Sekim Cepat Kaya Di Semenanjung Malaysia
title_full_unstemmed Kajian Kegiatan Sekim Cepat Kaya Di Semenanjung Malaysia
title_sort kajian kegiatan sekim cepat kaya di semenanjung malaysia
publisher Kolej Universiti Islam Malaysia
publishDate 2015
url http://ddms.usim.edu.my/handle/123456789/7859
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score 13.223943