Housing finance inaccessibility for low-income earners in Malaysia: Factors and solutions

Ebekozien, Andrew; Abdul‐Aziz, Abdul‐Rashid; Jaafar, Mastura

doi:10.1016/j.habitatint.2019.03.009

Cited by 64 publications

(55 citation statements)

References 17 publications

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“…First, most of the existing articles in this review comprise quantitative (17), case study (7), qualitative (5) and mixed-methods approach (1). Future studies should consider using a mixed-methods approach with an emphasis on exploratory sequential mixed methods in line with Ebekozien et al (2018Ebekozien et al ( , 2019Ebekozien et al ( , 2020. They averred that the exploratory sequential mixed-methods approach aids scholars to confirm and clarify the qualitative findings.…”

Section: Limitations and Future Directionmentioning

confidence: 99%

Fire safety management of public buildings: a systematic review of hospital buildings in Asia

Salleh

Salim

Jaafar

et al. 2020

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PurposeThere is increasing recognition amongst healthcare providers on the necessity to improve fire safety management in healthcare facilities. This is possibly not yet satisfactory because of recent fire incidents in Asia. This paper set out to analyse the literature because of the paucity of systematic reviews on fire safety management of public healthcare facilities and proffer preventive measures.Design/methodology/approachThirty related studies were identified with the support of the Preferred Reporting Items for Systematic reviews and Meta-Analyses via Scopus and Web of Science databases.FindingsInfluencing factors, hindrances to fire safety management and preventive measures for fire-related occurrence in Asian hospital buildings were the three themes that emerged from the reviewed. The factors that influence fire in Asian hospital buildings were categorised into technical, management and legislation factors.Research limitations/implicationsThe recommendations of this paper were based on literature that was systematically reviewed but does not compromise the robustness concerning fire safety management in hospital buildings across Asian countries. Much is needed to be known regarding fire safety in healthcare buildings across Asian countries. This paper recommended exploratory sequential mixed-methods approach as part of the implications for further studies. This will allow in-depth face-to-face interviews and increase the generalisability of future findings concerning fire safety management in hospital buildings across Asian countries to a larger population.Practical implicationsAs part of the practical implications, this paper recommends fire safety management plan as one of the practical possible measures for addressing technical, management and legislation factors. Also recommended is training and fire safety education of healthcare staff in collaboration with safety firefighters to address major issues that may arise from management factors. The government should upgrade the safety technology equipment in healthcare facilities as part of measures to mitigate issues concerning technical and legislation factors. Also, the identified factors are part of the theoretical contributions to the advancement of knowledge and this brings to the front burners new opening.Originality/valueThis is probably the first systematic review paper on fire safety hospital buildings in Asia.

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Section: Limitations and Future Directionmentioning

confidence: 99%

Fire safety management of public buildings: a systematic review of hospital buildings in Asia

Salleh

Salim

Jaafar

et al. 2020

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“…The purpose of this product is to help customers that cannot provide down payment to purchase their own home. In a study conducted by Ebekozien, Abdul-Aziz, and Jaafar (2019), inability to make down payment has been identified as one of the root causes of housing finance inaccessibility by low-income earners in Malaysia. Therefore, this initiative seems to address the national issue of house affordability.…”

Section: Overview Of the Concept Of Value-based Intermediation (Vbi)mentioning

confidence: 99%

Rent to Own as Value-Based Financial Intermediation: Legal and Shariah Analysis

Nor

Mohamad

Arshad

et al. 2021

JBMA

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Generally, Rent to Own (RTO) is a financial scheme offered by financial institutions to help those who cannot afford the 10% initial deposit and access to financial schemes. One value-based intermediation (VBI) initiative is the RTO Islamic financing product. The market segment of this product is for the new generation whereby they can own a house without paying any deposit on account of the fact that housing estates are increasingly expensive. This paper starts with the background concept of VBI, then it discusses on the modus operandi of RTO offered by financial institutions. This paper also discusses legal and Shariah aspects related to RTO. Adopting a qualitative method, the data were collected through semi-structured interviews with relevant parties involved with the RTO product. In addition, some preliminary information had been accessed through the financial institution’s website. This paper found that RTO has played important roles as one viable VBI initiative and it is approved as a Shariah compliant product

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“…This is the kind of masses model that the Nigerian LIEs need, and hoping that the government would summon the political will since it is not affecting the ruling class to do the needful. Ebekozien et al (2017) affirmed that the Malaysian Government continues to introduce new measures to facilitate the housing finance system by managing property prices and excessive speculation in the market (Ebekozien et al, 2019B). Some of the key measures introduced in the past seven years include:…”

Section: Journal Of Surveying Construction and Property (Jscp)mentioning

confidence: 99%

“…The problem of LCH provision is an increasing social and economic issue in the world, most hit in the developing countries (Ebekozien et al, 2019B). One of the possible reasons is the isolation of housing research by scholars.…”

Section: Introductionmentioning

confidence: 99%

Low-Cost Housing Provision in Nigeria: Lessons From The Malaysia Experience

Ebekozien

Abdul‐Aziz

Jaafar

2020

JSCP

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This article discusses the housing policy of two developing economies. It examines recent research findings in the light of encumbrances facing the Nigerian housing policy with an emphasis on low-cost housing (LCH) development. It also evaluates how the Malaysian Government over the years have made a good attempt to make homeownership affordable for Malaysian citizens irrespective of their income with various LCH policies and programmes that are economically feasible and technically practicable. It examines studies in the Nigerian housing sector that revealed severe scarcity, high cost of LCH, inaccessibility to housing loan, weak LCH policy, high corruption, high inflation among others. This affords insights into the Malaysian potential policy practices that could be implemented in Nigeria to address the prolonged chronic housing problem. Hence, it evaluates whether the Malaysian LCH policy can be modified and applied in the Nigerian context as possible policy measures. The article shows that the Malaysian Government sees housing provision as one of the major pillars and synergy with other constructs of welfare in line with the system embedded approach. Furthermore, this approach appears to be gaining ground and would stir-up the Nigerian Government policy-makers with poor-friendly policies so that LIEs can gain access to homes.

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Housing finance inaccessibility for low-income earners in Malaysia: Factors and solutions

Cited by 64 publications

References 17 publications

Fire safety management of public buildings: a systematic review of hospital buildings in Asia

Fire safety management of public buildings: a systematic review of hospital buildings in Asia

Rent to Own as Value-Based Financial Intermediation: Legal and Shariah Analysis

Low-Cost Housing Provision in Nigeria: Lessons From The Malaysia Experience

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