The study found that Islamic banking scheme (IBS) banks have recorded higher return on assets (ROA) as they are able to utilize existing overheads carried by mainstream banks. As this lowers their overhead expenses, it is found that the higher ROA ratio for IBS banks does not imply efficiency. It is also inconsistent with their relatively low asset utilization and investment margin ratios. This finding confirmed our contention that Islamic banking that thrives on interest‐like products (credit finance) is less likely to outshine mainstream banks on efficiency terms. Although Islamic credit finance products may have complied with Shariah rules, their lack of ethical content is not expected to motivate IBS banks to strive for efficiency through scale and scope economies.

No abstract

No abstract

The Klang Valley Mass Rapid Transit (KVMRT) System is set to be one of the mega projects in Malaysia. Many of the researches have focused on the causes of construction accident occurrences at the site. Whilst, this study focuses on the consequences (i.e., costs) of the occurrences of the accidents for the project. The work injuries create economic issues for our society. The awareness of accident costs is absent because the stakeholders always leave the matters to the insurance company. They are ignorant of the cost of an accident without realising the greatness of its impacts on the industry and the country. Therefore, this study aims to determine the relationship between accident costs and the factors influencing the accident costs of urban rail infrastructure projects to the Employer. All these factors are known as safety and health cost dimensions. For this research, the Employer, also known as a Contractor, is the person who bears the accident costs (direct and indirect costs) of the project. Multiple regression performed on the sixty-two (62) accident cases from the MRT 1 SBK (Sungai Buloh-Kajang) Line Projects. These findings could heighten the importance of the effect of an accident on the Employer’s company’s economics and budgeting.

Governmentregulationis one of the additional factorswhen examining the influence of land regulations by local authorities on the housing supply. Specifically, this factor is taken into consideration to investigate the effect of city-specific factors on housing supply elasticities. Some government regulation sub-factors usually proxied by index value obtained from the Wharton Residential Land Use Regulation Index (WRLURI). However, the index value is limited to a specific year and not distributed on short term or long-term basis due to data unavailability. Thispaper reviews the effect of government regulation sub-factors examined by the previous studies to develop a conceptual framework using time series data when the data is available. The findings of this analysis revealed that new studies should explore times series data for sub-factors such as number of restrictions,number of governing bodies, duration for subdivision approval, and the number of growth management policies.