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https://ptsldigital.ukm.my/jspui/handle/123456789/513288Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.advisor | Muriati Mukhtar, Assoc. Prof. Dr. | - |
| dc.contributor.author | Mohammedabdualgader Alwi Al-Aaidroos (P62824) | - |
| dc.date.accessioned | 2023-10-16T04:35:16Z | - |
| dc.date.available | 2023-10-16T04:35:16Z | - |
| dc.date.issued | 2017-08-07 | - |
| dc.identifier.other | ukmvital:97949 | - |
| dc.identifier.uri | https://ptsldigital.ukm.my/jspui/handle/123456789/513288 | - |
| dc.description | Online auction is considered as one of the most successful e-commerce applications where there are millions of items auctioned in thousands of auction sites. This is exemplified by the ubiquitous eBay whose net revenue reaches to 17.9 billion in 2015. Despite its unrivalled success, e-auction faces significant doubts from the side of Shariah with regards to the legitimacy of its business directives (Fiqh Almu’amalat). In-depth investigations on the conventional e-auction systems and methods reveal some deviations that directly lead to some prohibited practices including as usury (riba), gambling (maiser), or uncertainty (gharar). For instance, payment through credit cards, setting of un-prescribed service charges, imposes non-refundable bidding fees, impersonation, fraudulence, ambiguity, and inflation all are not in alignment with Islamic teachings and thus necessitate the refinement of the e-auction process, procedures and protocols. Thus the objectives of this research are firstly to investigate the e-auction business process from Islamic point of view in order to overcome the prospective Shariah deviations. The second objective is to utilize the conceptual modeling approach to propose a reference model for Shariah based e-auction which lay down the infrastructure required for designing and implementing Shariah based eauction systems. As a proof of concept, the third objective is to develop a prototype system based on the proposed model which will be able to run a Shariah legitimated auction procedures. In order to promote sympathy and benevolent acts between auction participants, the final objective of this research will be to propose a bidding strategy that relies on Falah decision model that reflects Islamic lenience values during the auction business practice. In order to evaluate the model from different perspectives and the extent of consensus the model will possess, the proposed reference model is evaluated by surveying six experts specialized in Shariah, business, and IT. The results obtained from the surveyed experts show a good consensus on the model. Extensive simulations are also carried out based on the prototype system to investigate and confirm the applicability of the proposed model. Using software agents, the simulations on the proposed Falah-based bidding strategy proves its worthiness to soften auction competition and promote Islamic values compared to the conventional utilitarian decision model. It is hoped that this research will provide the impetus for researchers and business alike to be more aware of issues pertaining to Shariah compliance in the context of online transactions especially e-auction.,Certification of Master's/Doctoral Thesis" is not available | - |
| dc.language.iso | eng | - |
| dc.publisher | UKM, Bangi | - |
| dc.relation | Faculty of Information Science and Technology / Fakulti Teknologi dan Sains Maklumat | - |
| dc.rights | UKM | - |
| dc.subject | Online auction | - |
| dc.subject | Shariah | - |
| dc.subject | Falah-based bidding | - |
| dc.subject | Internet auctions | - |
| dc.title | A reference model for shariah based e-auction | - |
| dc.type | Theses | - |
| dc.format.pages | 352 | - |
| dc.identifier.callno | HF5478.A235 2017 3 tesis | - |
| dc.identifier.barcode | 003032(2017) | - |
| Appears in Collections: | Faculty of Information Science and Technology / Fakulti Teknologi dan Sains Maklumat | |
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| File | Description | Size | Format | |
|---|---|---|---|---|
| ukmvital_97949+SOURCE1+SOURCE1.0.PDF Restricted Access | 546.08 kB | Adobe PDF |  View/Open |
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