Sustainability of Sukuk and conventional bond during financial crisis in the perspective of Malaysia / Athirah Shazali

This paper attempts to identify the relationship of exchange rate, inflation, gross domestic product, between bond and sukuk index during the financial crisis in respective of Malaysia. This research paper uses quarterly basis time between 2006 until 2016. These variables use quarterly data of 44 sa...

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Main Author: Shazali, Athirah
Format: Student Project
Language:English
Published: Faculty of Business Management 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/26718/
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author Shazali, Athirah
author_facet Shazali, Athirah
author_sort Shazali, Athirah
building UiTM Institutional Repository
collection Online Access
description This paper attempts to identify the relationship of exchange rate, inflation, gross domestic product, between bond and sukuk index during the financial crisis in respective of Malaysia. This research paper uses quarterly basis time between 2006 until 2016. These variables use quarterly data of 44 samples of observation. The purpose of this research paper to determine which macroeconomic variables are the most significant with the bond and sukuk performance in Malaysia. The existence of relationship between macroeconomic variables and bond and sukuk growth is tested using multiple regression. The methodology used in this study is norrnality test, serial correlation test, heteroskedasticity test, and functionality test. The findings reveal that there is negative significant relationship between inflation and performance of conventional bond and sukuk. Thus, sukuk and bond does consider inflation rate as a driving force.
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format Student Project
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institution Universiti Teknologi MARA
institution_category Local University
language English
last_indexed 2025-11-14T22:29:17Z
publishDate 2018
publisher Faculty of Business Management
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spelling uitm-267182019-12-09T03:49:44Z https://ir.uitm.edu.my/id/eprint/26718/ Sustainability of Sukuk and conventional bond during financial crisis in the perspective of Malaysia / Athirah Shazali Shazali, Athirah Financial management. Business finance. Corporation finance Bonds Finance, Islamic This paper attempts to identify the relationship of exchange rate, inflation, gross domestic product, between bond and sukuk index during the financial crisis in respective of Malaysia. This research paper uses quarterly basis time between 2006 until 2016. These variables use quarterly data of 44 samples of observation. The purpose of this research paper to determine which macroeconomic variables are the most significant with the bond and sukuk performance in Malaysia. The existence of relationship between macroeconomic variables and bond and sukuk growth is tested using multiple regression. The methodology used in this study is norrnality test, serial correlation test, heteroskedasticity test, and functionality test. The findings reveal that there is negative significant relationship between inflation and performance of conventional bond and sukuk. Thus, sukuk and bond does consider inflation rate as a driving force. Faculty of Business Management 2018 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/26718/1/PPb_ATHIRAH%20SHAZALI%20BM%20J%2018_5.pdf Shazali, Athirah (2018) Sustainability of Sukuk and conventional bond during financial crisis in the perspective of Malaysia / Athirah Shazali. (2018) [Student Project] (Unpublished)
spellingShingle Financial management. Business finance. Corporation finance
Bonds
Finance, Islamic
Shazali, Athirah
Sustainability of Sukuk and conventional bond during financial crisis in the perspective of Malaysia / Athirah Shazali
title Sustainability of Sukuk and conventional bond during financial crisis in the perspective of Malaysia / Athirah Shazali
title_full Sustainability of Sukuk and conventional bond during financial crisis in the perspective of Malaysia / Athirah Shazali
title_fullStr Sustainability of Sukuk and conventional bond during financial crisis in the perspective of Malaysia / Athirah Shazali
title_full_unstemmed Sustainability of Sukuk and conventional bond during financial crisis in the perspective of Malaysia / Athirah Shazali
title_short Sustainability of Sukuk and conventional bond during financial crisis in the perspective of Malaysia / Athirah Shazali
title_sort sustainability of sukuk and conventional bond during financial crisis in the perspective of malaysia / athirah shazali
topic Financial management. Business finance. Corporation finance
Bonds
Finance, Islamic
url https://ir.uitm.edu.my/id/eprint/26718/