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Malaysia
Islamic banking and Muslim products have high demands not only among Muslimsbut also the non-Muslims worldwide including Malaysia. In general, Muslimconsumers present a strong voice that the globalised world of business is payingmore attention to, but has yet to be fully understood on how to deal with themarket. To understand the global market challenges, it...
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Malaysia is a multicultural society with Malays, Chinese ,and Indian living side byside in peace. Although the Malaysia’s identification with race remains strong,however, a powerful sense of being Malaysian prevail among the population. Thispaper will examines Islamic point of view on the participation of Muslim politicalparties in the coalition government consisting of political partners with...
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Hibah is an instrument in Islamic laws dealing with the voluntary transfer of property (tabarru’). Islamic scholars have reached consensus that in the act oftransfer of property,hibah requires offer (ijab) from the donor and acceptance (qabul)of offer from the grantee to ratify the transfer of property(Mawhub) to the grantee. The fuqaha’ hold two contrary views...
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Starting from 2016, the Malaysia Government has reduced the budget for Public Universities with 10 to 20 percent cut from the previous years. Hence, it is encouraged for the Public Universities to generate 30 percent of its income. One of the ways is through waqf. It is statedthat since the 17th century, the education activities...
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