Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad

Millions of employees take part in private retirement plans. Shariah Saving scheme is an initiative by EPF to enable EPF members to choose their accounts to be managed and invested in accordance with Islamic Shariah principles. This plan has a great social and economic impact to the nation. As Musli...

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Bibliographic Details
Main Author:	Mohamad, Fatin Azuahana
Format:	Student Project
Language:	English
Published:	Universiti Teknologi MARA, Selangor, Puncak Alam Campus 2018
Subjects:	Islam and economics Investment, capital formation, speculation Government securities. Industrial securities. Venture capital
Online Access:	http://ir.uitm.edu.my/id/eprint/23342/ http://ir.uitm.edu.my/id/eprint/23342/1/PPb_FATIN%20AZUAHANA%20MOHAMAD%20ACI%20B%2018_5.pdf

id	uitm-23342
recordtype	eprints
spelling	uitm-233422019-03-04T09:06:50Z http://ir.uitm.edu.my/id/eprint/23342/ Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad Mohamad, Fatin Azuahana Islam and economics Investment, capital formation, speculation Government securities. Industrial securities. Venture capital Millions of employees take part in private retirement plans. Shariah Saving scheme is an initiative by EPF to enable EPF members to choose their accounts to be managed and invested in accordance with Islamic Shariah principles. This plan has a great social and economic impact to the nation. As Muslim investors in Malaysia, the most prefer EPF’s Shariah Compliant Scheme. Most of the results explained the respondent support Shariah Saving scheme. But there are also respondents who still are not aware about it. This study will be significant for the contributors who want to change or convert their Conventional Saving scheme to Shariah Saving scheme and will definitely help Malaysian citizen who contribute to EPF saving scheme and also for the citizen who will contribute in the future for example, the student who will work in private and Non-Pensionable Public Sector. This study is believed to help the institution and also the government to promote to the citizen to convert their scheme to Shariah Saving scheme as we a Muslim need to invest in Shariah compliance scheme as the benefits or profit that we get is pure from interest (riba), uncertainty (gharar) and gambling (maysir). Muslim respondents are preferred Shariah Saving scheme because it follows Shariah guidelines, invest to permissible activities, rate of dividend is not fixed like the Conventional Saving scheme. It is better to improve to the people who have been contribute in the Shariah Saving scheme or Conventional Saving scheme and people who will contribute to one of the saving scheme in future. Universiti Teknologi MARA, Selangor, Puncak Alam Campus 2018 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/23342/1/PPb_FATIN%20AZUAHANA%20MOHAMAD%20ACI%20B%2018_5.pdf Mohamad, Fatin Azuahana (2018) Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Islam and economics Investment, capital formation, speculation Government securities. Industrial securities. Venture capital
spellingShingle	Islam and economics Investment, capital formation, speculation Government securities. Industrial securities. Venture capital Mohamad, Fatin Azuahana Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad
description	Millions of employees take part in private retirement plans. Shariah Saving scheme is an initiative by EPF to enable EPF members to choose their accounts to be managed and invested in accordance with Islamic Shariah principles. This plan has a great social and economic impact to the nation. As Muslim investors in Malaysia, the most prefer EPF’s Shariah Compliant Scheme. Most of the results explained the respondent support Shariah Saving scheme. But there are also respondents who still are not aware about it. This study will be significant for the contributors who want to change or convert their Conventional Saving scheme to Shariah Saving scheme and will definitely help Malaysian citizen who contribute to EPF saving scheme and also for the citizen who will contribute in the future for example, the student who will work in private and Non-Pensionable Public Sector. This study is believed to help the institution and also the government to promote to the citizen to convert their scheme to Shariah Saving scheme as we a Muslim need to invest in Shariah compliance scheme as the benefits or profit that we get is pure from interest (riba), uncertainty (gharar) and gambling (maysir). Muslim respondents are preferred Shariah Saving scheme because it follows Shariah guidelines, invest to permissible activities, rate of dividend is not fixed like the Conventional Saving scheme. It is better to improve to the people who have been contribute in the Shariah Saving scheme or Conventional Saving scheme and people who will contribute to one of the saving scheme in future.
format	Student Project
author	Mohamad, Fatin Azuahana
author_facet	Mohamad, Fatin Azuahana
author_sort	Mohamad, Fatin Azuahana
title	Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad
title_short	Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad
title_full	Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad
title_fullStr	Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad
title_full_unstemmed	Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad
title_sort	shariah compliant investment : epf’s shariah saving scheme / fatin azuahana mohamad
publisher	Universiti Teknologi MARA, Selangor, Puncak Alam Campus
publishDate	2018
url	http://ir.uitm.edu.my/id/eprint/23342/ http://ir.uitm.edu.my/id/eprint/23342/1/PPb_FATIN%20AZUAHANA%20MOHAMAD%20ACI%20B%2018_5.pdf
first_indexed	2023-09-18T23:10:32Z
last_indexed	2023-09-18T23:10:32Z
_version_	1777418772057948160

Shariah Compliant Investment : EPF’s Shariah Saving Scheme / Fatin Azuahana Mohamad

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