Financial Analysis as an Instrument in Predicting the Company Performance: The Case of Corporate Waqf Subsidiaries

Australian Academy of Business and Social Sciences Conference 2014

9 Pages Posted: 27 Jan 2015

See all articles by Khairil Faizal Khairi

Khairil Faizal Khairi

Universiti Sains Islam Malaysia (USIM), Malaysia

Nur Laili

Universiti Sains Islam Malaysia (USIM)

Hisham Sabri

Universiti Sains Islam Malaysia (USIM)

Date Written: August 20, 2014

Abstract

Waqf have a potential to become one of the important mechanisms regarding the socioeconomics realms in Muslim societies that will benefit the communities as a whole. This objective of study is to examine the influence of corporate waqf by subsidiaries of JCorp in enhancing the company performance as one of the element of return from waqf activities. The methodology used is an analysis of the financial ratio to evaluate the financial condition and performance of subsidiaries companies that contribute to corporate waqf. No doubt, in today’s financial world, ratio analysis is a very vital tool in identifying the financial soundness and cost effectiveness of the company by establishing relationship between the items of balance sheet and profit and loss account. The study accomplished that the Jcorp subsidiaries, which involves in corporate waqf activities are financially sound, where profits and returns generated are satisfactorily, which can attract other conglomerates to participate.

Keywords: Financial Ratio Analysis, Performance, Corporate Waqf, Johor Corporation

JEL Classification: G380, M400, E600

Suggested Citation

Khairi, Khairil Faizal and Laili, Nur and Sabri, Hisham, Financial Analysis as an Instrument in Predicting the Company Performance: The Case of Corporate Waqf Subsidiaries (August 20, 2014). Australian Academy of Business and Social Sciences Conference 2014. Available at SSRN: https://ssrn.com/abstract=2555427 or http://dx.doi.org/10.2139/ssrn.2555427

Khairil Faizal Khairi (Contact Author)

Universiti Sains Islam Malaysia (USIM), Malaysia ( email )

Bandar Baru Nilai
Nilai, Negeri Sembilan 71800
Malaysia
+6067986427 (Phone)

Nur Laili

Universiti Sains Islam Malaysia (USIM)

Bandar Baru Nilai
Nilai, Negeri Sembilan 71800
Malaysia

Hisham Sabri

Universiti Sains Islam Malaysia (USIM) ( email )

Bandar Baru Nilai
Nilai, Negeri Sembilan 71800
Malaysia

Register to save articles to
your library

Register

Paper statistics

Downloads
114
Abstract Views
472
rank
239,089
PlumX Metrics