This
study investigates the magnetic properties of Ni0.6Zn0.4Al0.5Fe1.5O4 ceramics
as a function of varying temperature. The results show that the sharp
change in magnetization at Curie temperatures produces a reasonable
magnetic entropy change (ΔS
M). The
Ni–Zn–Al ferrite is, therefore, predicted to work better
than other spinel ferrites with higher efficiencies. Near the second-order
transition, the critical exponents are derived from the magnetic entropy
change’s field dependency. Their values are close to the mean
field model. The reliability of the calculated exponents is confirmed
by using scaling theory. The temperature dependence of the dielectric
constants shows the presence of phase transitions. In fact, the local
disorder provides a frequency that is dependent on relaxor ferroelectric-like
behaviors, which is a significant finding in the search for new lead-free
relaxor materials. The modified Curie–Weiss law and the Lorentz
and Gaussian-type relationships are used to analyze the diffuse phase
transition. A correlation between dielectric and magnetic behaviors
near the magnetic phase transition temperature (direct observation
magnetodielectric effect) is established. Based on these findings,
the Ni0.6Zn0.4Al0.5Fe1.5O4 ceramic appears to be a promising candidate for multifunctional
device applications.