AINULASHIKIN MARZUKI

AINULASHIKIN MARZUKI

Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia, Kampung Baharu Nilai, Malaysia

Research Focus & Metrics

Academic Career Length

8Years (2019-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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Verified
Journal Article
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AMAINULASHIKIN MARZUKI
AINULASHIKIN MARZUKI
FNFauzias Mat Nor
Fauzias Mat Nor
NRNur Ainna Ramli
Nur Ainna Ramli
MBMohamad Yazis Ali Basah
Mohamad Yazis Ali Basah
MAMuhammad Ridhwan Ab Aziz
Muhammad Ridhwan Ab Aziz
This paper aims to examine the publication metrics of literature related to the influential aspects of ESG (environmental, social, and governance), SRI (socially responsible investing), ethical, and impact investing on the portfolio and financial performance literature. It also seeks to identify major patterns and core themes in this topic and draw lessons from the past literature for future directions. Data from the SCOPUS database were used in this study. The ‘biblioshiny’ R package, also known as ‘bibliometrix 3.0’, was employed to conduct bibliometric analysis, utilising mapping and clustering techniques on 260 articles, in order to distil the comprehensive knowledge and identify emerging trends in ESG, SRI, ethical, and impact investing. The thematic map classified the ESG, SRI, ethical, impact investing and performance relationship themes into four categories of themes: niche themes (SRI, engagement and ESG), motor themes (corporate financial performance, corporate social performance, ESG, ESG factors, sustainability, performance, integrated reporting, gender diversity, and board size), emerging or declining themes (social responsibility, environmental performance, socially responsible investment, ethical investment, and SRI), and basic or transversal themes (financial performance, corporate social performance, ESG performance, environmental, social, and governance). Socially responsible investing, engagement, and ESG imply a position between niche themes and a highly developed topic/emerging or a decreasing theme, while the impact of COVID-19 on sustainability and financial performance implies a position between a highly developed topic/emerging or decreasing theme and a basic theme. The findings contribute to the enhanced understanding of ESG, SRI, ethical, impact investing and performance, which are crucial for an efficient capital market in promoting sustainability and sustainable development. The study offers vital practical implications and future research directions.

3 June 2019 in International Journal of Housing Markets and Analysis
Verified
Journal Article
Closed access
SDSiti Nurazira Mohd Daud
Siti Nurazira Mohd Daud
AMAINULASHIKIN MARZUKI
AINULASHIKIN MARZUKI
Purpose: This paper aims to investigate Malaysia’s house prices behaviour by decomposing trend, cycle and stochastic component.Design/methodology/approach: The authors perform an unobserved component model of a structural time series and Markov switching model that covers the period 1999Q1 to 2015Q4.Findings: The results reveal that the variation in house price in Malaysia is best explained by its trend level, with a small role played by the cycle component; this implies the potential for gaining returns on investments in property by investors and households. The results also show that Malaysia’s HPI cycle is between 8 and 17 years which, in relative terms, is twice the length of the growth cycle and the business cycle in the economy. Meanwhile, the overall movement of HPI is forecast to have a marginal price increase up to 2028Q2.Originality/value: As house prices remained elevated during the year, the house price dynamic is pivotal for understanding the source of changes in house price. With major findings centred on the relationship between house prices and macroeconomic as well as policy variables, little attention has been paid to composing the trend, cycle and seasonal pattern from the house price index, thus understanding the behaviour of house prices’ unobserved components.

20 October 2023 in I-iECONS e-proceedings
Verified
Journal Article
Open access
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JSJunaidah Abu Seman
Junaidah Abu Seman
FNFauzias Mat Nor
Fauzias Mat Nor
SSSyahidawati Shahwan
Syahidawati Shahwan
NMNurul Aini Muhamed
Nurul Aini Muhamed
AMAINULASHIKIN MARZUKI
AINULASHIKIN MARZUKI
NNNurul Syafiqah Mohamad Nasir
Nurul Syafiqah Mohamad Nasir
Islamic banking should expand its scope beyond commercial banking and actively contribute to all levels of the community by offering products and services, utilizing effective distribution channels, and engaging in sustainable activities. Although Islamic banks are evaluated based on financial performance, there is a notable absence of a mechanism to assess their social impact on society. Presently, social themes related to Islamic banking are scattered across various sustainability agendas such as SDG, ESG, SRI, and CSR. This paper aims to develop an integrative framework that addresses and reconciles the fragmented aspects of Islamic social banking in line with the principles of Maqasid Shariah. This study employed a qualitative method which was conducted in two phases. In the first phase, content analysis was utilized to construct social themes under SDG, ESG, SRI, CSR, and Maqasid Shariah. In the subsequent phase, semi-structured interviews were conducted to gain input for the framework development. The integrated framework incorporates five (5) dimensions of Maqasid Shariah with corresponding thirteen (13) themes to measure Islamic banking practices. This framework has the potential to serve as a significant contributor to the development of comprehensive performance indicators for the effective implementation of social banking within the Islamic banking sector. Moreover, it plays a pivotal role in realizing the objectives outlined in Malaysia's Shared Prosperity Vision 2030.

1 April 2020 in Ulum Islamiyyah
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Journal Article
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AAAnas Ahmad Bani Atta
Anas Ahmad Bani Atta
AMAINULASHIKIN MARZUKI
AINULASHIKIN MARZUKI
Islamic mutual funds (IMF) are growing as a substitutional investment vehicle for investors who want to combine value and financial objectives in their investment. A group of the funds is managed by one Investment Company called the family of funds. This study investigates the flow-performance relationship in IMF, in addition to the extent to which family and fund characteristics contribute to explaining fund flows in Saudi Arabia for the period from 2007 to 2017. The study uses raw returns to calculate the fund performance and use the percentage money flow (FLOW), defined as money flow scaled by the total net asset of the fund. The results show there is a positive relationship between past performance and fund flow that mean IMF investors make rational financial decisions by directing fund flows to better performing funds. In addition, the results show family characteristics have an impact on IMF inflow.

16 June 2023 in Preprints.org
Verified
Preprint
Open access
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AMAINULASHIKIN MARZUKI
AINULASHIKIN MARZUKI
MBMohamad Yazis Ali Basah
Mohamad Yazis Ali Basah
FNFauzias Mat Nor
Fauzias Mat Nor
NRNur Ainna Ramli
Nur Ainna Ramli
MAMuhammad Ridhwan Ab Aziz
Muhammad Ridhwan Ab Aziz
The research analysed the publications metric of literature regarding the impact of socially responsible investing (SRI) and environmental, social, and governance (ESG) on portfolio and financial performance. The study aimed to determine the latest trends, key themes, authors, and influential journals. Data from the SCOPUS database was used in this study. A total of 1377 research articles from academic journals related to this topic and published from 2013 to 2022, they data was cleaned to remove duplicate, and documents that do not meet the criteria of this study. For this bibliometric analysis, a total of 260 articles were chosen in order to summarise the collective knowledge and emerging patterns in ESG, SRI, ethical, and impact investing, a bibliometric analysis was employed. The thematic map classified the ESG, SRI, and performance relationship themes into four categories of themes: niche themes, motor themes (corporate financial performance, corporate social performance, ESG, ESG factors, sustainability, performance, integrated reporting, gender diversity, and board size), emerging or declining themes (social responsibility, environmental performance, socially responsible investment, ethical investment, and SRI), and basic or transversal themes (financial performance, corporate social performance, ESG performance, environmental, social, and governance). Social responsible investing, engagement, and ESG, implies a position between niche themes and highly developed topic/emerging or decreasing theme, and covid, ROA, while, tobin’s Q, implies a position between highly developed topic/emerging or decreasing theme and basic theme. The findings contribute to the enhanced understanding of ESG, SRI, ethical, and impact investing, which are crucial for an efficient capital market in promoting sustainability and sustainable development. The study offers vital practical implications and future research directions.