Target capital structure and speed of adjustment: Panel data evidence on Malaysia Shariah compliant securities

• Main Authors: Haron, Razali, Ibrahim, Khairunisah
• Format: Article
• Language: English
• Published: International Islamic University Malaysia 2012
• Subjects: HG4001 Financial management. Business finance. Corporation finance.
• Online Access: http://irep.iium.edu.my/31994/2/225-364-1-SM_%281%29.pdf; http://irep.iium.edu.my/31994/
• Institution: Universiti Islam Antarabangsa Malaysia

Islamic Capital Market (ICM) in Malaysia has expanded at an average rate of 13.6% per annum over the ten year period between 2000 and 2010. The size of Malaysia’s ICM is expected to expand at the average rate of 10.6% per annum to reach RM 2.9 trillion by 2020. In line with its future expansion, Sha...