Business and Management Horizons
https://macrothink.org/journal/index.php/bmh
<img style="float: right; padding-left: 20px; padding-right: 20px;" src="/journal/public/site/images/bmh/bmh.jpg" alt="" width="300" /><p>Business and Management Horizons (BMH) is an international, peer-reviewed, and open-access journal published by Macrothink Institute. BMH carries original and full-length articles that reflect the latest research and developments in both theoretical and practical aspects of business and management. The scopes of the journal include, but not limited to, the following topic areas: corporate governance, human resource management, strategic management, entrepreneurship, marketing, e-business, services, information technology management, production & operations management, financial management, decision analysis, management research methods and managerial economics.</p><p>Authors are encouraged to <a href="/journal/index.php/bmh//information/authors"><strong>submit</strong></a> complete unpublished and original works, which are not under review in any other journals.</p>Macrothink Instituteen-USBusiness and Management Horizons2326-0297<p>Submission of an article implies that the work described has not been published previously (except in the form of an abstract or as part of a published lecture or academic thesis), that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, in English or in any other language, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.</p><p>Copyrights for articles published in Macrothink’s journals are retained by the authors, with first publication rights granted to the journal. The journal/publisher is not responsible for subsequent uses of the work. It is the author's responsibility to bring an infringement action if so desired by the author.</p>Conceptualization of Islamic Spiritual Intelligence (ISI) in the Islamic Financing Adoption
https://macrothink.org/journal/index.php/bmh/article/view/21030
<p>Islamic financing is the methods and types of funding a personal or business uses which consist of sale-based and equity-based, used to carry out unique benefits and capital investments. Islamic financing research is very restricted and needs to be more developed, notably on the demand side or the consumer. This article aimed to explore the impact of Islamic Spiritual Intelligence (ISI) on the behavioural intention of Islamic financing adoption. This study uses a content analysis technique to accomplish this goal. The study is based on reading scholarly papers and related materials and is based on ISI theme theories and the use of Islamic funding. The analysis discovered that ISI has a favourable relationship with consumer behaviour regarding Islamic financing adoption.</p>Siti Nor Amira MohamadFadziani YaakubMohamad Yazis Ali Basah
Copyright (c) 2023 Business and Management Horizons
2023-06-012023-06-01112110.5296/bmh.v11i2.21030Analysis of Changes in the Implementation of Rebate in Malaysia Islamic Financing
https://macrothink.org/journal/index.php/bmh/article/view/21032
<p>The practice of giving rebates in Islamic financing is a benchmarking for Islamic banking in long-term sales compared to conventional loans. The implementation of the rebate is based on the concept of <em>da' wa taajjal</em>, where the bank as the financier gives a discount to their customer from the full amount when the customer makes an early settlement. There are issues up to the court level regarding the status of rebates as well as claims from customers about the actual rates that are eligible to be earned. this study was conducted on the application of rebates in the initial settlement of housing financing in 2010 which started with discretion until the latest change by Bank Negara Malaysia in (BNM) in 2019 which is stipulates rebates in the agreement clause. So, this article will study and analyze the changes in the implementation of rebates in Islamic financing from discretionary, unilateral and bilateral rebates status. It is a qualitative study with a literature review approach. While the data collection process is through document analysis, the data are analyzed using descriptive and comparative approaches. The expected outcome of this research is to discuss the assessment of the extent to which the implementation of rebates with the changes that have taken place guarantees welfare on the part of the customer. This paper offers the results of analysis in helping Islamic Financial Institutions (IKIs) and Islamic banking in an effort to strengthen management related to the provision of Islamic housing financing rebates and further dignify Islamic banking management to boost the image of Islamic finance and the teachings of Islam. As well as recommending the best Rebate application for Bank Negara Malaysia to produce a current Policy Document.<strong></strong></p>Muhamad Zuhaili bin Saiman
Copyright (c) 2023 Business and Management Horizons
2023-06-012023-06-011121010.5296/bmh.v11i2.21032A Case Study of Waqf Fund in Tertiary Education
https://macrothink.org/journal/index.php/bmh/article/view/21033
<p>Rise in cost for higher education have been causing less privilege and self-financed students who wanted to further their studies in tertiary education unable to do so due to the less affordability and lack of availability of financial assistance. However, waqf is the most effective ways that have been used to solve the problem. This study aims to examine how universities established their own waqf or endowment fund to help students that are in dire need of financial assistance and at the same time becomes an alternate supply of funds to finance academic activities in university. The study also explained the challenges facing by universities’ waqf bodies. For that, two public universities have been chosen in this study i.e., Universiti Teknologi Malaysia<em> </em>(UTM) and International Islamic University Malaysia (IIUM). This research uses a qualitative approach by applying interviews and library research in the process of collecting data. The finding has shown that waqf undoubtedly offers a great benefit in ensuring the opportunity and access to education at both universities – IIUM and UTM. The challenge, however, is that it requires the continuous societal support in order for it to sustain its operation</p>Rafeah SaidonAhna Afnani Mohamed Azam
Copyright (c) 2023 Business and Management Horizons
2023-06-012023-06-011122510.5296/bmh.v11i2.21033The Importance of Accountability in Zakat Institutions
https://macrothink.org/journal/index.php/bmh/article/view/21034
<p>Zakat institutions are seen to be growing in terms of collection and distribution as well as various programs to increase the capacity of asnaf in line with the country’s progress especially in Malaysia. However, there is no denying that there are various negative perceptions of the community towards the zakat institution, including the achievement of unbalanced collection, unequal distribution, community trust and various other unpleasant perceptions from stakeholders. Thus, in line with the community’s perception of zakat institutions, the objective of this study is to see the importance of accountability management in the governance of zakat institutions. This study is qualitative in nature using documentation and observation methods. It is hoped that the study can provide input to stakeholders and indirectly increase trust and satisfaction with zakat institutions in Malaysia. This study can also be a reference to zakat institutions and further to the academy and researchers in the future in improving the accountability of Malaysian zakat institutions.</p>Siti Noorbiah Md RejabHairunnizam WahidSalmy Edawaty Yaacob
Copyright (c) 2023 Business and Management Horizons
2023-06-012023-06-011123510.5296/bmh.v11i2.21034Food Mixing According to Al-Hadith and Its Application in Product Manufacturing by Sidratul Company: A Case Study
https://macrothink.org/journal/index.php/bmh/article/view/21035
<p>The main aim of this study is to analyse the guidance of the Prophet s.a.w. related to food mixing and identify applications in manufacturing products involving food mixing by the Sidratul company. This study uses a qualitative data collection approach through library research and case studies involving interviews as a research strategy. For the method of data collection through library research, the study refer to two books of hadith that are recognised for their authenticity, namely Sahih al-Bukhari and Sahih Muslim and related articles. For the case study, semi-structured interviews were used for data collection and supported by scrutiny of essential documents from the company. A total of fifteen informants, top management, officer and clerks were interviewed to obtain in-depth data. For the data analysis method, the thematic analysis method has been used with the help of ATLAS.ti software version 7. The results show that five food mixing principles can be extracted based on fiqh al-Hadith. Meanwhile, application point of view, the company produces products based on food mixing either in its production or as an OEM. The final part of this study also suggests guidelines for manufacturing products and food mixtures based on the sunnah.</p>Siti Sarah binti IzhamKhadher bin AhmadZulkifli Hj Mohd Yusoff
Copyright (c) 2023 Business and Management Horizons
2023-05-312023-05-311124710.5296/bmh.v11i2.21035The Factor Influencing the Acceptance of Using Islamic Attributes in Foods Packaging Labels
https://macrothink.org/journal/index.php/bmh/article/view/21036
<p>As a promotion to market products, strategic marketing is the fundamental element. Product label packaging is an important marketing component that plays a vital role in marketing communication and provides a significant part of the intended message along with legally prescribed content. However, some of the labels used in packaging might lead to consumer confusion. The use of Islamic symbols in food packaging labels is one of the practices that may confuse others. Therefore, it has become popular in the Malaysian market and as a trademark to attract Muslim consumers. This study analysed the factors influencing the acceptance of Islamic attributes in food packaging labels. This quantitative research was based on the data collected through the questionnaires with the respondents from Muslim consumers in Kampung Parit No 3, Muar, Johor. The data was then analysed using descriptive analysis through SPSS Program Version 22. The research results revealed that the factors of belief in religion, which believe the products are halal, good, and safe to be consumed, are the main factors that influenced them in accepting the products that use Islamic attributes in their packaging labels. This research indicates that using Islamic attributes in food packaging has influenced them to accept the products. This could offer significant insight to the authority body, manufacturers, consumers, and researchers.</p>Shofiyyah MoidinNur Auni Syafiqah IsmailMuhammad Syukri Mohd Ashmir WongNur Hafizah HarunNorazlina Mamat
Copyright (c) 2023 Business and Management Horizons
2023-05-312023-05-311126510.5296/bmh.v11i2.21036The Role of University’s Entrepreneurship Program and Experiential Activities Towards Entrepreneurial Intention: Exploratory Analysis
https://macrothink.org/journal/index.php/bmh/article/view/21037
<p>In this era of globalization, the field of entrepreneurship is seen as a major agenda in empowering and sustaining the community’s economy. It has its role as an economic catalyst and capability empowered in efforts to increase innovation, creativity, and competitiveness of society in micro and macro-economic perspectives. Awareness and development of shared values, as well as entrepreneurial activities, are also sown and strengthened through the national education system in Malaysia. With the awareness of the phenomenon, the value and entrepreneurship programs in IPTA and IPTS, including Malaysia Universities, have soared. At Malaysia universities, the Malaysian Academy of SME & Entrepreneurship Development (MASMED) is an organization of the university that conducts various entrepreneurship efforts and programs for Malaysia Universities students, in empowering and raising the level of sustainability through the variance of entrepreneurial activities. This study was conducted to identify the behaviors and tendencies of entrepreneurial activities among students in the Academy of Contemporary Islamic Studies (ACIS). ACIS faculties were selected to obtain special data for the characteristics of the population sampling required in the preparation of specific entrepreneurship programs of this study. The design of this study is descriptive statistics using a quantitative approach. The partial lease square (PLS) instrument will be used in factor analysis through multiple regression that allows researchers to identify significant predictions that are useful in this study.</p>Muhammad Syahrul Deen Ahmad RosliAmzari TumiranMohd Afandi Mat RaniHardy Loh RahimMohd Rizal Muwazir Mukhazir
Copyright (c) 2023 Business and Management Horizons
2023-05-312023-05-311128410.5296/bmh.v11i2.21037