The Muamalat Newsletter Vol.1 2023

1 FEM Newsletter | June 2023 Assoc. Prof. Dr. Khairil Faizal Khairi Dean Faculty of Economics & Muamalat Universiti Sains Islam Malaysia Dean’s Welcome Note Assalamualaikum Wrt. Wbt. Alhamdulillah all praises to Allah s.w.t for His grant, the First Issue of Muamalat Newsletter for year 2023 was successfully published. Through thick and thin as well as time constraints, this First Issue finally be published according to set schedule. A warmest welcome to all the readers and we sincerely hope that the contents in the Newsletter will serves as an impactful and beneficial knowledge towards readers, family, friends as well as humanity. I would like to express my deepest gratitude to all the academician, students as well as industry collaborators who have shared their expertise and insights, enriched our understanding and broadened our horizons. Their hard work and dedication are commendable, and I am proud to have their work featured in this newsletter. Apart from that, information on various activities involves in the faculty also being updated in this newsletter. Last but not least, thanks to Dr. Najwa Mohd Najib and Pn. Intan Fatimah Anwar for their continuous efforts and attention to detail and unwavering commitment to publishing this newsletter to fruition. Thank you and happy reading! Table of Contents 03 Town Hall Kerangka Audit Syariah 06 Perasmian Alumni Chapter Fakulti Ekonomi dan Muamalat peluang merapat ukhuwwah 12 Foreign Currency Derivative Hedging Practice in Malaysia: How Far Have We Come? 30 Pemerkasaan Tadbir Urus Syariah Sektor Koperasi di Malaysia 51 Sedekad Memasyarakatkan Ilmu Melalui Media 57 Consumer Value Perception of 5G Technology Purchase Intention in Malaysia: The Mediating Role of Consumer Innovativeness 63 Halal Tourism Industry: Technology Disruption