Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan

Asset acquisition is one of the many strategic ways to expand the business. Due to that, a lot of investment companies and financial institutions are competing with each other in offering the best financing products to the customers. In Malaysia, the financial institution has developed dual banking...

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Main Author:	Mohd Ruslan, Siti Zaharah
Format:	Thesis
Language:	English
Published:	2014
Online Access:	http://ir.uitm.edu.my/id/eprint/16461/ http://ir.uitm.edu.my/id/eprint/16461/1/TM_SITI%20ZAHARAH%20MOHD%20RUSLAN%20CS%2014_5.pdf

id	uitm-16461
recordtype	eprints
spelling	uitm-164612019-02-21T02:37:16Z http://ir.uitm.edu.my/id/eprint/16461/ Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan Mohd Ruslan, Siti Zaharah Asset acquisition is one of the many strategic ways to expand the business. Due to that, a lot of investment companies and financial institutions are competing with each other in offering the best financing products to the customers. In Malaysia, the financial institution has developed dual banking systems which are conventional and Islamic banking system. This situation gives more opportunities to the customer as entrepreneur to choose the best financial product in managing their investment. One of the products that is introduced by Islamic banks is diminishing musyarakah concept. The application of diminishing musyarakah can help Muslims to avoid lending that is based on riba since it is based on syariah principle. The objective of this study is to determine the net present value and the internal rate of return for a proposed diminishing musyarakah model in calculating the investment performance. This study calculate the net present value using MATLAB and calculate the internal rate of return using bisection method and secant method. The forecast profit rate was also calculated by using the geometric Brownian motion. Then, the net present value for the forecast profit rate and the suitable monthly cash flows using internal rate of return was obtained. It is found that the diminishing musyarakah model can be adapted in determining the investment performance for asset acquisition using net present value and the internal rate of return. Thus, this study may encourage the financial institution and Islamic banks to use the proposed diminishing musyarakah model in managing their investment performance. 2014 Thesis NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/16461/1/TM_SITI%20ZAHARAH%20MOHD%20RUSLAN%20CS%2014_5.pdf Mohd Ruslan, Siti Zaharah (2014) Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan. Masters thesis, Universiti Teknologi MARA.
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
description	Asset acquisition is one of the many strategic ways to expand the business. Due to that, a lot of investment companies and financial institutions are competing with each other in offering the best financing products to the customers. In Malaysia, the financial institution has developed dual banking systems which are conventional and Islamic banking system. This situation gives more opportunities to the customer as entrepreneur to choose the best financial product in managing their investment. One of the products that is introduced by Islamic banks is diminishing musyarakah concept. The application of diminishing musyarakah can help Muslims to avoid lending that is based on riba since it is based on syariah principle. The objective of this study is to determine the net present value and the internal rate of return for a proposed diminishing musyarakah model in calculating the investment performance. This study calculate the net present value using MATLAB and calculate the internal rate of return using bisection method and secant method. The forecast profit rate was also calculated by using the geometric Brownian motion. Then, the net present value for the forecast profit rate and the suitable monthly cash flows using internal rate of return was obtained. It is found that the diminishing musyarakah model can be adapted in determining the investment performance for asset acquisition using net present value and the internal rate of return. Thus, this study may encourage the financial institution and Islamic banks to use the proposed diminishing musyarakah model in managing their investment performance.
format	Thesis
author	Mohd Ruslan, Siti Zaharah
spellingShingle	Mohd Ruslan, Siti Zaharah Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan
author_facet	Mohd Ruslan, Siti Zaharah
author_sort	Mohd Ruslan, Siti Zaharah
title	Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan
title_short	Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan
title_full	Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan
title_fullStr	Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan
title_full_unstemmed	Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan
title_sort	analysis on asset acquisition using diminishing musyarakah model / siti zaharah mohd ruslan
publishDate	2014
url	http://ir.uitm.edu.my/id/eprint/16461/ http://ir.uitm.edu.my/id/eprint/16461/1/TM_SITI%20ZAHARAH%20MOHD%20RUSLAN%20CS%2014_5.pdf
first_indexed	2023-09-18T22:56:07Z
last_indexed	2023-09-18T22:56:07Z
_version_	1777417865463332864

Analysis on asset acquisition using diminishing musyarakah model / Siti Zaharah Mohd Ruslan

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