TY  - JOUR
T1  - Capital Structure of Malaysian Firms: Financing the Deficit and Shari’ah Compliance
AU - Iqbal Hussain, Hafezali AU - Haizam M Saudi, M AU - Surayya M Saudi, Nur AU - Hilmi Nadzri, Firdaus AU - Nazrul Azizi, Mohd AU - Farid Shamsudin, Mohd AU - Abdelnabi Salem, Milad 
JO  - Journal of Engineering and Applied Sciences
VL  - 13
IS  - 9
SP  - 2511
EP  - 2513
PY  - 2018
DA  - 2001/08/19
SN  - 1816-949x
DO  - jeasci.2018.2511.2513
UR  - https://makhillpublications.co/view-article.php?doi=jeasci.2018.2511.2513
KW  - Capital structure
KW  -Shari`ah compliance
KW  -Islamic finance
KW  -Malaysian firm
KW  -cost
KW  -status
AB  - The study evaluates the capital structure of Malaysian firms from a unique perspective by evaluating
the impact of Shari’ah compliance on firm’s financing decision. We find that firms that are Shari’ah compliant
tend to lean towards lower debt issues to finance their deficits, implying that the compliance status has an
impact on their cost of equity which ultimately affects cost of capital.
ER  -