{"id":"https://openalex.org/W3124471925","doi":"https://doi.org/10.4197/islec.30-1.10","title":"Capital Structure of Malaysian Shar??ah-Compliant Firms","display_name":"Capital Structure of Malaysian Shar??ah-Compliant Firms","publication_year":2017,"publication_date":"2017-01-01","ids":{"openalex":"https://openalex.org/W3124471925","doi":"https://doi.org/10.4197/islec.30-1.10","mag":"3124471925"},"language":"en","primary_location":{"id":"doi:10.4197/islec.30-1.10","doi":"https://doi.org/10.4197/islec.30-1.10","is_oa":true,"landing_page_url":"https://doi.org/10.4197/islec.30-1.10","pdf_url":null,"source":{"id":"https://openalex.org/S4210190049","display_name":"Journal of King Abdulaziz University-Islamic Economics","issn_l":"1018-7383","issn":["1018-7383","1658-4244"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/I185163786","host_organization_name":"King Abdulaziz University","host_organization_lineage":["https://openalex.org/I185163786"],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of King Abdulaziz University-Islamic Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://doi.org/10.4197/islec.30-1.10","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5058359569","display_name":"Omer Bin Thabet","orcid":"https://orcid.org/0000-0002-3760-8568","observed_orcids":["https://orcid.org/0000-0002-3760-8568"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Omer Thabet","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5086704419","display_name":"Fekri Ali Shawtari","orcid":"https://orcid.org/0000-0003-0194-9464","observed_orcids":["https://orcid.org/0000-0003-0194-9464"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Fekri Shawtari","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5112839804","display_name":"Abdullah Mohammed Ayedh","orcid":"https://orcid.org/0000-0002-4894-1569","observed_orcids":["https://orcid.org/0000-0002-4894-1569"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Abdullah Ayedh","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5086704419","display_name":"Fekri Ali Shawtari","orcid":"https://orcid.org/0000-0003-0194-9464","observed_orcids":["https://orcid.org/0000-0003-0194-9464"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Fekri Shawtari","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.7385,"has_fulltext":false,"cited_by_count":8,"citation_normalized_percentile":{"value":0.92691604,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"30","issue":"1","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11365","display_name":"Islamic Finance and Banking Studies","score":0.8544999957084656,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11365","display_name":"Islamic Finance and Banking Studies","score":0.8544999957084656,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.12049999833106995,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.009399999864399433,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.921999990940094},{"id":"https://openalex.org/keywords/shariah-compliant-companies","display_name":"Sharia-compliant companies","score":0.9850000143051147},{"id":"https://openalex.org/keywords/islamic-finance","display_name":"Islamic finance","score":0.8109999895095825},{"id":"https://openalex.org/keywords/non-debt-tax-shield","display_name":"non-debt tax shield","score":0.8019999861717224},{"id":"https://openalex.org/keywords/profitability","display_name":"profitability","score":0.9580000042915344},{"id":"https://openalex.org/keywords/business-risk","display_name":"business risk","score":0.7649999856948853},{"id":"https://openalex.org/keywords/debt-tax-shield","display_name":"debt tax shield","score":0.5460000038146973},{"id":"https://openalex.org/keywords/asset-tangibility","display_name":"tangibility","score":0.9300000071525574},{"id":"https://openalex.org/keywords/determinants-of-capital-structure","display_name":"determinants of capital structure","score":0.7900000214576721},{"id":"https://openalex.org/keywords/bursa-malaysia","display_name":"Bursa Malaysia","score":0.8820000290870667}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6630474925041199},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.5313677787780762},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3949185907840729},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.12531721591949463},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.4197/islec.30-1.10","doi":"https://doi.org/10.4197/islec.30-1.10","is_oa":true,"landing_page_url":"https://doi.org/10.4197/islec.30-1.10","pdf_url":null,"source":{"id":"https://openalex.org/S4210190049","display_name":"Journal of King Abdulaziz University-Islamic Economics","issn_l":"1018-7383","issn":["1018-7383","1658-4244"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/I185163786","host_organization_name":"King Abdulaziz University","host_organization_lineage":["https://openalex.org/I185163786"],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of King Abdulaziz University-Islamic Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:abd:kauiea:v:30:y:2017:i:1:no:10:p:105-116","doi":null,"is_oa":false,"landing_page_url":"https://iei.kau.edu.sa/Files/121/Files/153872_30-01-10-Abdullah.pdf","pdf_url":"https://iei.kau.edu.sa/Files/121/Files/153872_30-01-10-Abdullah.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:2946554653","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3057594","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null}],"best_oa_location":{"id":"doi:10.4197/islec.30-1.10","doi":"https://doi.org/10.4197/islec.30-1.10","is_oa":true,"landing_page_url":"https://doi.org/10.4197/islec.30-1.10","pdf_url":null,"source":{"id":"https://openalex.org/S4210190049","display_name":"Journal of King Abdulaziz University-Islamic Economics","issn_l":"1018-7383","issn":["1018-7383","1658-4244"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/I185163786","host_organization_name":"King Abdulaziz University","host_organization_lineage":["https://openalex.org/I185163786"],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of King Abdulaziz University-Islamic Economics","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":39,"referenced_works":["https://openalex.org/W110205552","https://openalex.org/W1513903263","https://openalex.org/W1546993880","https://openalex.org/W1560673141","https://openalex.org/W1820801730","https://openalex.org/W1968836757","https://openalex.org/W1989242199","https://openalex.org/W1994057409","https://openalex.org/W2011291450","https://openalex.org/W2015341674","https://openalex.org/W2032584025","https://openalex.org/W2040743687","https://openalex.org/W2043889618","https://openalex.org/W2046847749","https://openalex.org/W2056786057","https://openalex.org/W2062546908","https://openalex.org/W2063955807","https://openalex.org/W2073672148","https://openalex.org/W2078566894","https://openalex.org/W2080990131","https://openalex.org/W2082198256","https://openalex.org/W2084310832","https://openalex.org/W2084503591","https://openalex.org/W2089108940","https://openalex.org/W2089172772","https://openalex.org/W2089842977","https://openalex.org/W2098345648","https://openalex.org/W2102111744","https://openalex.org/W2109360003","https://openalex.org/W2115846503","https://openalex.org/W2124597406","https://openalex.org/W2125664626","https://openalex.org/W2130182730","https://openalex.org/W2138593640","https://openalex.org/W2150221055","https://openalex.org/W3121297842","https://openalex.org/W3123053174","https://openalex.org/W3124114405","https://openalex.org/W3124324454"],"related_works":["https://openalex.org/W3133835529","https://openalex.org/W7027125914","https://openalex.org/W2555369066","https://openalex.org/W2745749311","https://openalex.org/W2407909774","https://openalex.org/W2948832353","https://openalex.org/W2946554653","https://openalex.org/W6989762791","https://openalex.org/W2617312578","https://openalex.org/W7126338820"],"abstract_inverted_index":{"This":[0,39],"study":[1,40],"examines":[2],"the":[3,14,20,33,42,52,65,73,87,91,100,126],"capital":[4,23,34,55,60,76,101,133],"structure":[5,24,35,56,61,77,102,134],"of":[6,13,22,29,36,54,67,104,125,128,136],"choices":[7],"in":[8,11],"Shariah-compliant":[9,37,83,105,137],"markets":[10],"view":[12],"numerous":[15],"attempts":[16,31],"made":[17],"to":[18,50,71],"address":[19],"issue":[21],"choice":[25,103,135],"since":[26],"1958.":[27],"None":[28],"these":[30],"studied":[32],"markets.":[38],"applies":[41],"model":[43,70],"proposed":[44],"by":[45,59,109],"Huang":[46],"and":[47,78,118,130,198],"Song":[48],"(2006)":[49],"test":[51],"determinants":[53,80],"as":[57,112],"suggested":[58],"theories.":[62],"It":[63],"uses":[64],"regression":[66],"fixed":[68],"effect":[69],"examine":[72],"relationship":[74],"between":[75],"its":[79],"for":[81],"263":[82,232],"firms":[84,106],"listed":[85],"on":[86,132],"Bursa":[88],"Malaysia":[89],"over":[90],"2006-2011":[92],"period.":[93],"The":[94],"paper":[95],"found":[96],"evidence":[97,124],"suggesting":[98],"that":[99],"is":[107,122],"influenced":[108],"factors":[110],"such":[111],"non-debt":[113],"tax":[114,129],"shields":[115],"(NDTS),":[116],"profitability,":[117],"risks.":[119],"However,":[120],"there":[121],"no":[123],"influence":[127],"tangibility":[131],"firms.":[138],"\u064a\u0647\u062f\u0641":[139],"\u0647\u0630\u0627":[140],"\u0627\u0644\u0628\u062d\u062b":[141],"\u0625\u0644\u0649":[142,177,245],"\u062f\u0631\u0627\u0633\u0629":[143],"\u062e\u064a\u0627\u0631\u0627\u062a":[144,163,259,282],"\u0647\u064a\u0643\u0644\u0629":[145,206,211,227,261,283],"\u0631\u0623\u0633":[146,165,179,207,212,228,262,284],"\u0627\u0644\u0645\u0627\u0644":[147,208,229,263],"\u0641\u064a":[148,155,160,182,189,205,235,281],"\u0627\u0644\u0623\u0633\u0648\u0627\u0642":[149,183],"\u0627\u0644\u0645\u0627\u0644\u064a\u0629":[150,238],"\u0627\u0644\u0645\u062a\u0648\u0627\u0641\u0642\u0629":[151,184,265,287],"\u0645\u0639":[152,185,266,288],"\u0627\u0644\u0634\u0631\u064a\u0639\u0629":[153,186,267,289],"\u0627\u0644\u0625\u0633\u0644\u0627\u0645\u064a\u0629":[154,239],"\u0636\u0648\u0621":[156],"\u0627\u0644\u0645\u062d\u0627\u0648\u0644\u0627\u062a":[157,176],"\u0627\u0644\u0639\u062f\u064a\u062f\u0629":[158],"\u0627\u0644\u0645\u0628\u0630\u0648\u0644\u0629":[159],"\u0645\u0639\u0627\u0644\u062c\u0629":[161],"\u0642\u0636\u064a\u0629":[162],"\u0647\u064a\u0643\u0644\u064a\u0629":[164,178],"\u0645\u0627\u0644":[166,180,285],"\u0627\u0644\u0634\u0631\u0643\u0627\u062a":[167,181,286],"\u0645\u0646\u0630":[168],"\u0639\u0627\u0645":[169],"1958\u0645.":[170],"\u0644\u0645":[171],"\u062a\u062a\u0637\u0631\u0642":[172],"\u0623\u064a":[173],"\u0645\u0646":[174,193,220,271],"\u062a\u0644\u0643":[175],"\u0627\u0644\u0625\u0633\u0644\u0627\u0645\u064a\u0629.":[187,268,290],"\u0627\u062a\u0628\u0639\u0646\u0627":[188],"\u0627\u0644\u062f\u0631\u0627\u0633\u0629":[190,270],"\u0627\u0644\u0646\u0645\u0648\u0630\u062c":[191],"\u0627\u0644\u0645\u0642\u062a\u0631\u062d":[192],"\u0642\u0628\u0644":[194],"\u0647\u0648\u0627\u0646\u063a":[195],"\u0648\u0633\u0648\u0646\u063a":[196],"(Huang":[197],"Song,":[199],"2006)":[200],"\u0644\u0627\u062e\u062a\u0628\u0627\u0631":[201],"\u0627\u0644\u0645\u062d\u062f\u062f\u0627\u062a":[202],"\u0627\u0644\u062a\u064a":[203],"\u062a\u0624\u062b\u0631":[204],"\u0648\u0641\u0642":[209],"\u0646\u0638\u0631\u064a\u0627\u062a":[210],"\u0627\u0644\u0645\u0627\u0644.":[213],"\u0644\u0642\u062f":[214],"\u062a\u0645":[215],"\u0627\u0633\u062a\u062e\u062f\u0627\u0645":[216],"\u062a\u062d\u0644\u064a\u0644":[217],"\u0627\u0644\u0627\u0646\u062d\u062f\u0627\u0631":[218],"\u0627\u0644\u062e\u0637\u064a":[219],"\u0646\u0645\u0648\u0630\u062c":[221],"\u0627\u0644\u0623\u062b\u0631":[222],"\u0627\u0644\u062b\u0627\u0628\u062a":[223],"\u0644\u062f\u0631\u0627\u0633\u0629":[224],"\u0627\u0644\u0639\u0644\u0627\u0642\u0629":[225],"\u0628\u064a\u0646":[226,243],"\u0648\u0645\u062d\u062f\u062f\u0627\u062a\u0647":[230],"\u0644\u0640":[231],"\u0634\u0631\u0643\u0629":[233],"\u0645\u062f\u0631\u062c\u0629":[234],"\u0633\u0648\u0642":[236],"\u0627\u0644\u0623\u0648\u0631\u0627\u0642":[237],"\u0627\u0644\u0645\u0627\u0644\u064a\u0632\u064a\u0629":[240],"\u0644\u0644\u0641\u062a\u0631\u0629":[241],"\u0645\u0627":[242],"2006\u0645":[244],"2011\u0645.":[246],"\u0623\u0638\u0647\u0631\u062a":[247],"\u0627\u0644\u0646\u062a\u0627\u0626\u062c":[248],"\u0623\u0646":[249,274],"\u0627\u0644\u0625\u0639\u0641\u0627\u0621":[250],"\u0627\u0644\u0636\u0631\u064a\u0628\u064a":[251],"\u0644\u063a\u064a\u0631":[252],"\u0627\u0644\u062f\u064a\u0648\u0646":[253],"\u0648\u0627\u0644\u0631\u0628\u062d\u064a\u0629":[254],"\u0648\u0627\u0644\u0645\u062e\u0627\u0637\u0631":[255],"\u0644\u0647\u0627":[256],"\u062a\u0623\u062b\u064a\u0631":[257,280],"\u0639\u0644\u0649":[258],"\u0639\u0645\u0644\u064a\u0629":[260],"\u0644\u0644\u0634\u0631\u0643\u0627\u062a":[264],"\u0648\u0623\u0628\u0627\u0646\u062a":[269],"\u062c\u0647\u0629":[272],"\u0623\u062e\u0631\u0649":[273],"\u0639\u0627\u0645\u0644\u064e\u064a":[275],"\u0627\u0644\u0645\u0644\u0645\u0648\u0633\u064a\u0629":[276],"\u0648\u0627\u0644\u0636\u0631\u0627\u0626\u0628":[277],"\u0644\u064a\u0633":[278],"\u0644\u0647\u0645\u0627":[279]},"counts_by_year":[{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2021-02-01T00:00:00"}
