Islamic student financing securitization (ILMU-Financing) / Mohammed Hariri Bakri, Nurayati Dabas and Shafinar Ismail

Bakri, Mohammed Hariri and Dabas, Nurayati and Ismail, Shafinar (2017) Islamic student financing securitization (ILMU-Financing) / Mohammed Hariri Bakri, Nurayati Dabas and Shafinar Ismail. In: Melaka International Intellectual Exposition (MIIEX 2007). Division of Research and Industry Linkages, Alor Gajah, Melaka.

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Abstract

Security Commission in Malaysia introduced guideline how to issue asset-backed securitization (ABS) in 2001. The securitization is a creative process of raising funds by issuing marketable securities that are backed by future cash flows from revenue producing assets. Until September 2017, ABS represents alternative long-term funding of auto loans, lease, credit cards' receivables and commercial mortgages. We particularly focus herein on the funding of student loans problem, which has not yet been implemented as a securitization process in Malaysia. This work considers the characteristics of Malaysian higher education, suggests a structure for Islamic student loan-backed securitization, and studies the potential of the Islamic securitization process in resolving the problem o f funding for higher education, The innovation in this research is the framework of Islamic student loan-backed securitization. This framework is proposed to create a new and highly graded shariah financial instrument that will benefit the government, investors and the students in Malaysia.

Metadata

Item Type: Book Section
Creators:
Creators
Email
Bakri, Mohammed Hariri
UNSPECIFIED
Dabas, Nurayati
UNSPECIFIED
Ismail, Shafinar
UNSPECIFIED
Contributors:
Contribution
Name
Email / ID Num.
Patron
Mahat, Sabariah
UNSPECIFIED
Advisor
Othman, Rani Diana
UNSPECIFIED
Advisor
Harun, Norazman
UNSPECIFIED
Advisor
Ismail, Shafinar
UNSPECIFIED
Subjects: H Social Sciences > HG Finance > Fund raising. General works
H Social Sciences > HJ Public Finance > Finance, Islamic
Divisions: Universiti Teknologi MARA, Melaka > Bahagian Penyelidikan dan Jaringan Industri, UiTM Melaka
Item ID: 47861
Uncontrolled Keywords: Asset-backed securitization; Raising funds; Islamic securitization
URI: https://ir.uitm.edu.my/id/eprint/47861

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47861

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