Capital Structures In Islamic Capital Markets: Evidences From Bursa Malaysia
Thesis (PhD)-- Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia, 2015
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2018
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my.usim-173242019-01-24T02:41:08Z Capital Structures In Islamic Capital Markets: Evidences From Bursa Malaysia Omer Ahmed Salmeen Bin Thabet Capital market--Religious aspects--Islam Capital market--Malaysia Thesis (PhD)-- Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia, 2015 ABSTRACT The aims of this study are to determine the level of debt of Shariah-compliant firms, the determinants of their capital structure, and the influence of managerial ownership on the relationship between capital structure and its determinants. The study uses cross-sectional and time-series data covering 263 Shariah-compliant firms listed on Bursa Malaysia over the period 2006-201 1. Pooled ordinary least square, fixed effects and random effects methods are used to test the hypotheses of this study. The results show that, first, 79% of Shariah-complaint firms have debt level less than 33%. Second, a significant relationship exists between tangibility, profitability, liquidity, dividends, stock return, risks, zakah, and tax with leverage of Shariah-compliant firms. Finally, in the presence of managerial ownership as moderating variable, only profitability, liquidity, dividends, zakah, tax, and NDTS are found to be a significant with compliant firms' capital structure. 2018-12-31T06:48:46Z 2018-12-31T06:48:46Z 2015 Thesis http://ddms.usim.edu.my:80/jspui/handle/123456789/17324 en Universiti Sains Islam Malaysia |
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Capital market--Religious aspects--Islam Capital market--Malaysia |
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Capital market--Religious aspects--Islam Capital market--Malaysia Omer Ahmed Salmeen Bin Thabet Capital Structures In Islamic Capital Markets: Evidences From Bursa Malaysia |
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Thesis (PhD)-- Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia, 2015 |
format |
Thesis |
author |
Omer Ahmed Salmeen Bin Thabet |
author_facet |
Omer Ahmed Salmeen Bin Thabet |
author_sort |
Omer Ahmed Salmeen Bin Thabet |
title |
Capital Structures In Islamic Capital Markets: Evidences From Bursa Malaysia |
title_short |
Capital Structures In Islamic Capital Markets: Evidences From Bursa Malaysia |
title_full |
Capital Structures In Islamic Capital Markets: Evidences From Bursa Malaysia |
title_fullStr |
Capital Structures In Islamic Capital Markets: Evidences From Bursa Malaysia |
title_full_unstemmed |
Capital Structures In Islamic Capital Markets: Evidences From Bursa Malaysia |
title_sort |
capital structures in islamic capital markets: evidences from bursa malaysia |
publisher |
Universiti Sains Islam Malaysia |
publishDate |
2018 |
url |
http://ddms.usim.edu.my:80/jspui/handle/123456789/17324 |
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1645154434352676864 |
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13.222552 |