The factors affecting sukuk issuance among firms in Malaysia / Syazmel Areef Abd Aziz

The Malaysian capital market is dominated by sukuk, which has significant backing from the government, mega corporations, and businesses. In terms of volume of transactions and number of sukuk issuances, sukuk is catching up to conventional bonds as a major form of business financing. The purpose of...

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Main Author: Abd Aziz, Syazmel Areef
Format: Thesis
Language:English
Published: 2022
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Online Access:https://ir.uitm.edu.my/id/eprint/102061/1/102061.pdf
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id my-uitm-ir.102061
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spelling my-uitm-ir.1020612024-10-10T09:20:30Z The factors affecting sukuk issuance among firms in Malaysia / Syazmel Areef Abd Aziz 2022-02 Abd Aziz, Syazmel Areef Bonds The Malaysian capital market is dominated by sukuk, which has significant backing from the government, mega corporations, and businesses. In terms of volume of transactions and number of sukuk issuances, sukuk is catching up to conventional bonds as a major form of business financing. The purpose of this study is to examine the factors that affecting sukuk issuance among firms in Malaysia. It is critical to determine the factors that influence organizations decisions to issue sukuk, whether they are driven by internal efforts or external incentives. Sukuk issuance, asset tangibility, leverage, firm size, and profitability are the variables being studied. The methods that will be used in this study are descriptive analysis, correlation analysis and regression analysis. The sample consists of 10 firms in Malaysia that sukuk in 201 1 to 2020. Asset tangibility, leverage, firm size and profitability all play a role in determining the factors that influence sukuk issuance in Malaysia. Based on the determinants identified, there should be an intensive and comprehensive plan to encourage businesses to issue sukuk. However, there is still potential for development in terms of regulatory framework and infrastructure to help Malaysia's sukuk market grow faster. 2022-02 Thesis https://ir.uitm.edu.my/id/eprint/102061/ https://ir.uitm.edu.my/id/eprint/102061/1/102061.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Harun, Nurul Fahana Aini Mohd Yusoff, Yuslizawati
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Harun, Nurul Fahana Aini
Mohd Yusoff, Yuslizawati
topic Bonds
spellingShingle Bonds
Abd Aziz, Syazmel Areef
The factors affecting sukuk issuance among firms in Malaysia / Syazmel Areef Abd Aziz
description The Malaysian capital market is dominated by sukuk, which has significant backing from the government, mega corporations, and businesses. In terms of volume of transactions and number of sukuk issuances, sukuk is catching up to conventional bonds as a major form of business financing. The purpose of this study is to examine the factors that affecting sukuk issuance among firms in Malaysia. It is critical to determine the factors that influence organizations decisions to issue sukuk, whether they are driven by internal efforts or external incentives. Sukuk issuance, asset tangibility, leverage, firm size, and profitability are the variables being studied. The methods that will be used in this study are descriptive analysis, correlation analysis and regression analysis. The sample consists of 10 firms in Malaysia that sukuk in 201 1 to 2020. Asset tangibility, leverage, firm size and profitability all play a role in determining the factors that influence sukuk issuance in Malaysia. Based on the determinants identified, there should be an intensive and comprehensive plan to encourage businesses to issue sukuk. However, there is still potential for development in terms of regulatory framework and infrastructure to help Malaysia's sukuk market grow faster.
format Thesis
qualification_level Bachelor degree
author Abd Aziz, Syazmel Areef
author_facet Abd Aziz, Syazmel Areef
author_sort Abd Aziz, Syazmel Areef
title The factors affecting sukuk issuance among firms in Malaysia / Syazmel Areef Abd Aziz
title_short The factors affecting sukuk issuance among firms in Malaysia / Syazmel Areef Abd Aziz
title_full The factors affecting sukuk issuance among firms in Malaysia / Syazmel Areef Abd Aziz
title_fullStr The factors affecting sukuk issuance among firms in Malaysia / Syazmel Areef Abd Aziz
title_full_unstemmed The factors affecting sukuk issuance among firms in Malaysia / Syazmel Areef Abd Aziz
title_sort factors affecting sukuk issuance among firms in malaysia / syazmel areef abd aziz
granting_institution Universiti Teknologi MARA, Johor
granting_department Faculty of Business and Management
publishDate 2022
url https://ir.uitm.edu.my/id/eprint/102061/1/102061.pdf
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