Relationship Between Shareholders And Shubuhat: A Study On Islamic Banks In Malaysia

Transcript

The objectives of this paper are, therefore, to firstly find out if there are such things as shubuhat in Islamic banks, and if there are; to secondly determine relationship between shubuhat and percentage of Muslim shareholders of Islamic bank. A total of 21 Islamic banks in Malaysia representing the whole population were selected. Secondary data was used and sourced from the banks’ 2010 annual report. Using descriptive statistics, the existence and the extent of existence of shubuhat in Islamic banks operating in Malaysia was ascertained. It was found that shubuhat did exist in some Islamic banks, and the the more the percentages of Muslim Shareholders, the lesser the shubuhat.