Record Details

Perception of Stakeholders on Abandoned Housing Projects in Malaysia

International Journal of Islamic Economics and Finance

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Field Value
 
Title Perception of Stakeholders on Abandoned Housing Projects in Malaysia
 
Creator Ariffin, Noraini Mohd; International Islamic University Malaysia
Razak, Dzuljastri Abdul; International Islamic University Malaysia
Imtiyaz, Mohamed Noorden Mohamed; International Islamic University Malaysia
 
Subject Abandoned housing projects; causes; Islamic banks; regulations
 
Description Home is a basicnecessity for everyone. However, one of the major issues affecting the construction industry in Malaysia today is that of abandoned housing projects. This issue has caused sufferings to the individuals and society. Several reasons have been cited for the abandoned housing projects, which include the debt financing structure, lack of justice and fairness, and weak regulatory system. The issues of the Islamic banking debt-based home financing products have remained prominent. There are also other issues such as role of the authority in addressing the situations. This study used mixed method of surveys and interviews in determining the perceptions of stakeholders regarding abandoned housing projects in Malaysia. The outcome of study highlights various prospects of mitigating the problem of abandoned housing projects. The findings show that the main cause of abandoned housing project from the interview with the relevant stakeholders is still due to insufficient legal provisions and protection to avoid and prevent abandonment of the housing projects, which is consistent with the previous studies. 
 
Publisher Universitas Muhammadiyah Yogyakarta
 
Contributor —
 
Date 2019-07-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journal.umy.ac.id/index.php/ijief/article/view/6252
10.18196/ijief.2118
 
Source International Journal of Islamic Economics and Finance (IJIEF); Vol 2, No 1 (2019): IJIEF Vol 2 (1), July 2019; 131-148
2622-4372
2622-3562
 
Language eng
 
Relation http://journal.umy.ac.id/index.php/ijief/article/view/6252/4435
 
Rights Copyright (c) 2019 International Journal of Islamic Economics and Finance (IJIEF)
http://creativecommons.org/licenses/by-sa/4.0