Examination of Muslim asset-distribution practices in Malaysia and its Link to land fragmentation problems

Khalid, Haniza (2011) Examination of Muslim asset-distribution practices in Malaysia and its Link to land fragmentation problems. In: The 5th ISDEV International Islamic Development Management Conference (IDMAC 2011), 13-14 Dec 2011, University Conference Hall, Universiti Sains Malaysia, Pulau Pinang, Malaysia.

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Abstract

The practice of distributing a deceased’s assets based on the literal application of the Faraid calculations is often linked to the dire problem of land fragmentation and low rural land values prevalent in Malaysia today. The overall result is uneconomic land sizes and farm operations, conversion of agricultural land to other uses (and hence, the subsequent decline of food production capabilities of the country as a whole) and erosion of total Malay-Muslim land ownership and economic wealth. All of these outcomes go against the concept of Maqasid-al-Shariah particularly with respect to preserving the Maal and income of the Muslims.This paper seeks to evaluate the land fragmentation issue as linked to the asset distribution practice amongst Malay-Muslims in Malaysia. Hopefully, it can trigger more in-depth research to better inform policy-improvement measures by the present land and Muslim affair authorities.

Item Type:	Conference or Workshop Item (Full Paper)
Additional Information:	3350/3800
Uncontrolled Keywords:	Land prices, Muslim estate distribution, land fragmentation, land abandonment
Subjects:	H Social Sciences > H Social Sciences (General) > H10 Societies H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor K Law > KPG Malaysia
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Dr. Haniza Khalid
Date Deposited:	05 Dec 2011 08:27
Last Modified:	18 Nov 2013 09:29
URI:	http://irep.iium.edu.my/id/eprint/3800

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