UNIVERSITI TEKNOLOGI MARA

FACTORS FOR PRACTISING HIBAH AMANAH: A STUDY ON MUSLIMS INVESTOR AT AMANAH SAHAM

NASIONAL BERHAD, KUALA SELANGOR

MUHAMMAD ZAIN ADILA BIN OTHMAN

Academic Writing submitted in partial fulfillment of the requirements for the degree of

Bachelor of Muamalat

Academy of Contemporary Islamic Studies

JANUARY 2018

AUTHORS'S DECLARATION

I declare that the work in this thesis/ dissertation was carried out in accordance with the

regulations of Universiti Teknologi MARA. It is original and is the results of my own

work, unless otherwise indicated or acknowledged as referenced work. This academic

writing has not been submitted to any other academic institution or non-academic

institution for any degree or qualification.

I, hereby, acknowledge that I have been supplied with the Academic Rules and

Regulations for Under Graduate, Universiti Teknologi MARA, regulating the conduct of

my study and research.

Name of Student

Student I.D. No.

Programme

Muhammad Zain Adila Bin Othman

2014280396

Bachelor of Muamalat -IC 210

Faculty

Academic Writing Title

Academy of Contemporary Islamic Studies

Factors for Practicing Hibah Amanah: A

Study on Muslims Investor at Amanah

Saham Nasional Berhad, Kuala Selangor.

Signature of Student

Date January 2018

in

ABSTRACT

The purpose of this paper is to investigate the factors for practicing Hibah Amanah among Muslims investor. It examines the relationship between knowledge, life events and services with practicing Hibah Amanah. The paper has used the data from primary data by contributed the questionnaire to 100 of Muslims investor in Amanah Saham Nasional Berhad (ASNB) Kuala Selangor. Besides, the secondary data such as journal and electronic sources were used to getting more information about Hibah. Other than that, the researcher used descriptive statistics on Likert scale questions to measure the agreement of respondents on the question given. The researcher also used frequency analysis to identify the gender, age, marital status, educational level, monthly income of respondents, health status and total assets. In order to get the result of this study, the researcher has used correlation analysis and it showed there are significant relationships between knowledge, life events and services with practicing Hibah Amanah. The reliability analysis also used by researcher to testing the reliable of the items measure and the result indicated all variable in this study were reliable. Based on overall conclusion, knowledge are the most factors with regard for practicing Hibah Amanah.

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TABLE OF CONTENTS

CONFIRMATION BY PANEL OF EXAMINERS ii

AUTHORS'S DECLARATION iii

ABSTRACT iv

ACKNOWLEDGEMENT v

TABLE OF CONTENTS vi

LIST OF TABLE xi

LIST OF FIGURE xiii

LIST OF ABBREVIATION xiv

CHAPTER 1: INTRODUCTION 1

1.1 Background of Study 1

1.2 Problem Statement 2

1.3 Research Objectives 4

1.4 Research Question 4

1.5 Theoretical Frameworks 5

1.6 Hypothesis 6

1.7 Scope of Study 7

1.8 Significance of Study 7

1.8.1 Researcher 8

1.8.2 The Company (ASNB) 8

1.8.3 The Society or Public 8

vi

1.9 Limitation of Study 9

1.9.1 Time Constraint 9

1.9.2 Data 9

1.9.3 Lack of Experience 10

1.9.4 Financial Constraint 10

CHAPTER 2: LITERATURE REVIEW 11

2.1 The Concept of Hibah 11

2.2.1 Definition of Hibah 11

2.2.2 Definition of Amanah 12

2.2.3 Definition of Hibah Amanah 13

2.2.4 Concept of Hibah Amanah in ASNB 13

2.2.5 Legal Evidence of Hibah 13

2.2.6 Conditions and Pillars of Hibah 14

2.2 Knowledge of Hibah Amanah 15

2.3 Life Events 17

2.4 Services of Agencies 19

CHAPTER 3: RESEARCH METHODOLOGY 20

3.1 Research Design 20

3.2 Population 20

3.3 Sampling Framework 21

3.4 Sample Size 21

3.5 Sampling Method 21

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