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The purpose of this preliminary comparative study was to analyze the most reliable debt determinants identified in the literature on the Shariah-compliant in Malaysia. Depending on the measure of leverage, the influence of different independent variables on the capital structure of a Shariah firm. Shariah-compliant stocks have been heavily invested by individual investors and Muslim institutions. Firms need to deal with their capital structure to guarantee that their operation keeps on being beneficial and further development for investors and shareholders. The static panel data technique was used in this study on a sample consisting of shariah in Malaysia’s firms from 2010 until 2020 and analyzed by using the E-views software. The result indicated that there is a positive correlation between firm size and profitability of shariah compliant companies listed in the Bursa Malaysia. On the other hand, there is a negative correlation between business risk.
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In-Text Citation: (Roslan et al., 2022)
To Cite this Article: Roslan, E. N., Khaidzir, H. S., Azman, N., Jizad, F. A. M., & Zainoddin, A. I. (2022). Determinant of Capital Structure From Shariah-Compliant in The Industrial Products and Services. International Journal of Academic Research in Business and Social Sciences, 12(1), 2548–2558.
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