IJIBE (International Journal of Islamic Business Ethics)
Vol 1, No 1 (2016): March 2016

DETERMINANTS OF ABANDONED HOUSING PROJECTS IN MALAYSIA

Dzuljastri Abdul-Razak (Department of Finance Kulliyyah of Economics and Management Sciences International Islamic University Malaysia)



Article Info

Publish Date
29 Mar 2016

Abstract

The issues of abandoned housing projects are not new in Malaysia.Without proper measures to tackle, they will continue to haunt homebuyers. This study examines responses of 328 customersobtained bymeans of self-administered questionnaires. Four variables namelylack of justice and equity, methods of computing and pricing, natureof contract and lack of legal and governance were used as variables.The results indicated that all the hypothesized relationships aresupported. Of these, the nature of contract was found to be the maincause of the problem. The results contributes to the scanty empiricalresearch in this area. It also benefits managers of Islamic banksto address issues that are affectingabandoned housing projects inMalaysia.

Copyrights © 2016






Journal Info

Abbrev

ijibe

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal of Islamic Business Ethics (IJIBE) is a publication medium of research results in the field of Islamic business ethics. Islamic business ethics is a concept of business which based on Islamic values and principles. It is guidance for business actors to know what is right or ...