Ahmad Bukhori Muslim, Fuad Abdul Hamied, Moh Fakry Gaffar, Maria Elvira Asuan, Syakirah Samsudin, Watsatree Diteeyont, Margana Margana, Ani Wilujeng Suryani, Jessie PNG, Rini Solihat, Tina Priyantin, Nina Cassandra, Gunadi Gunadi and Sumalee Sitthikorn
This study aims to explore some benefits and challenges of establishing an international accreditation for teacher education institutions (TEIs) by AsTEN Quality Assurance Agency…
Abstract
Purpose
This study aims to explore some benefits and challenges of establishing an international accreditation for teacher education institutions (TEIs) by AsTEN Quality Assurance Agency. This specific accreditation agency is expected to improve the quality of teaching, learning and research at TEIs in ASEAN region.
Design/methodology/approach
The qualitative study generates data from questionnaires and online semi-structured interviews among ASEAN academics. They work as teacher educators in Indonesia, Singapore, Thailand and Malaysia.
Findings
As findings show, participating academics from Indonesia, Singapore, Malaysia, the Philippines, Thailand and Brunei Darussalam believe that it is necessary to have a specific international accreditation agency that can properly accommodate particular standards of teacher education. This accommodation is expected to increase the governance of quality teaching, learning and researching to prepare more competent and professional future teachers. Participating academics also acknowledge some potential challenges this specific accreditation agency may have, including local acceptance by national governments in ASEAN region and global acknowledgement from international accrediting agencies, mostly based in Global North countries.
Research limitations/implications
The study only involves academics in five ASEAN countries of Indonesia, Malaysia, Singapore, Thailand and the Philippines so that it may have less international acceptance.
Practical/social implications
The study also identifies aspects and mechanisms of blended online-onsite international accreditation application for TEIs, which grows its significance because of technological advancement, efficiency and prolonged COVID-19 pandemic.
Originality/value
The study provides a digital accreditation system for TEIs, particularly in ASEAN region. This originality is important in this era of Internet of Things.
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This study aims to understand and analyze Generation Z’s interest in international food brands in Indonesia, as well as how habits and halal values influence their consumption…
Abstract
Purpose
This study aims to understand and analyze Generation Z’s interest in international food brands in Indonesia, as well as how habits and halal values influence their consumption behavior. The research focuses on identifying factors that motivate Generation Z to choose international food brands while addressing the conflict between developing consumption habits and adhering to halal principles (Kusuma, 2020). By integrating theories of consumer behavior, such as the theory of planned behavior and consumer culture theory, this study aims to provide insights into how young consumers in Indonesia make purchasing decisions in this complex context.
Design/methodology/approach
This research uses a quantitative approach. Sampling was done using the judgment (purposive) sampling method. The sample criterion was Generation Z (born in 1995–2010), who are Muslim in Indonesia. Data collection was obtained from primary data by distributing online questionnaires. The questionnaire was distributed from February 2024 to March 2024. The scale used a 1–5 Likert scale. Accordingly, the data were obtained from 1,310 respondents. After selection, 918 data were obtained that met the criteria for analysis. The research hypothesis testing was carried out using the structural equation modeling approach based on partial least square.
Findings
The results of this research reveal that the intention to purchase foreign brands of halal food among Generation Z Muslims in Indonesia is influenced by habits, halal involvement, attitudes, subjective norms and perceived behavioral control (PBC), where habits and halal involvement have a stronger direct influence on the intention to purchase foreign brands of halal food. Attitudes and subjective norms are unable to mediate the relationship between habit and purchase intention. Meanwhile, PBC acts as a partial mediator between habit and halal involvement with the intention to purchase foreign brands of halal food.
Research limitations/implications
This study highlights Generation Z’s consumption patterns of halal food in Indonesia, in addition to representing the majority of the Indonesian population.
Practical implications
This finding has important implications for producers, marketers and policymakers, especially considering the high halal involvement among Muslim consumers in Indonesia, where halal certification not only enhances consumer trust but also serves as a competitive advantage for international brands. Marketers need to recognize that Generation Z is critical and independent in their purchasing decisions, so marketing campaigns emphasizing transparency in halal information and product quality, as well as involving trusted influencers, can boost purchase interest and reflect companies’ adaptation to the values of a new generation that is more concerned with halal aspects.
Social implications
The research highlights significant social implications for Indonesian society, particularly among Generation Z Muslims. It enhances awareness of halal food choices, encouraging consumers to prioritize halal principles while navigating their preferences for international brands. The findings also aid the halal food industry in improving transparency and quality, fostering a deeper understanding of the interplay between cultural and religious values in consumption. Furthermore, it underscores the need for educational initiatives aimed at increasing halal literacy among young consumers, helping them reconcile their purchasing habits with their religious beliefs.
Originality/value
The study provides new insights into the purchasing behavior of Generation Z Muslims in Indonesia, focusing on how habits and intentions interact in halal food choices while highlighting the impact of cultural and religious values on modern consumer habits. When individuals develop habits that overlook halal considerations, they may experience cognitive dissonance – feeling uncomfortable due to the conflict between their strong beliefs about halal food and their actual behaviors.
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Abdul Ghafar Ismail, Bayu Taufiq Possumah and Mohd Najib Abdul Kadir
The aim of this paper is to examine the inter-generational transfer by not only looking at the monetary transfer as discussed by many economists and sociologists but also by…
Abstract
Purpose
The aim of this paper is to examine the inter-generational transfer by not only looking at the monetary transfer as discussed by many economists and sociologists but also by advancing the conceptual discussion and illustrating it with some examples of empirical comparison.
Design/methodology/approach
This paper provides recent theoretical and empirical work on inter-generational transfer from the viewpoint of different systems and compares it to the Islamic view of inheritance.
Findings
One finding of this paper is that the Islamic inheritance system is a socially and economically more comprehensive and broad framework than inter-generational transfers from another system.
Originality/value
This paper is considered as an original approach to the framework of the Quranic basic source and Islamic literature regarding inter-generational transfer compared to another system.
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Uzma Kashif, Unbreen Arif, Hafiz Muhammad Saad and Ahmed Ali Siddiqui
This research aims to explore the role played by Ijara-Murabaha Sukuk in attracting foreign direct investment (FDI) that adheres to Shariah principles into Pakistan’s oil sector…
Abstract
Purpose
This research aims to explore the role played by Ijara-Murabaha Sukuk in attracting foreign direct investment (FDI) that adheres to Shariah principles into Pakistan’s oil sector. It focuses on the difficulties faced by the country in terms of payment for oil procurement. It highlights the recent collaboration with ARAMCO, Saudi Arabia’s national oil company, to establish the Gwadar Refinery Project. This project aims to enhance oil production, reduce costs and increase storage capacity.
Design/methodology/approach
Data was collected from 379 investors who participate in Ijara-Murabaha Sukuk through a questionnaire designed to evaluate how trade finance solutions, sustainability practices, transparency measures and governance structures impact FDI that comply with Shariah principles. The study also considers the moderating role of market conditions on these factors. Smart PLS 4 software was used to analyze their influence on creating an environment conducive to Shariah-compliant FDI.
Findings
The findings reveal that if the company prioritizes shariah-compliant foreign direct investment over conventional due to underlying productive activities ensuring economic growth as well as strong compliance mechanisms ensuring transparency, the multifaceted challenges associated with oil procurement, circular deficit, foreign exchange reserves and transparency problems can be solved. The groundbreaking analysis from this study will guide the major stakeholders while developing policies to convert the most expensive and massive budget deficit sector into a contributing sector of the economy.
Originality/value
This is a pioneering study on the application of Ijara-Murabaha Sukuk to resolve the problem of circular deficit of oil sectors of Pakistan by issuing 51% Ijara Sukuk for enhancing the capacity for the storage of oil and producing the oil from imported crude oil. 49% murabaha sukuk for importing crude oil. Successful implementation of the Shariah-compliant ARAMCO project can open the door to foreign direct investment for Pakistan and the other third economies, meeting the “Reducing Poverty of SDGs.”
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This study aims to propose a new housing affordability solution by combining the Islamic finance concept of Musharakah Mutanaqisah (diminishing partnership) with a cooperative and…
Abstract
Purpose
This study aims to propose a new housing affordability solution by combining the Islamic finance concept of Musharakah Mutanaqisah (diminishing partnership) with a cooperative and crowdfunding model. The proposed alternative housing loan model is presented to experts in financing and real estate business, whose views and comments were solicited to evaluate the applicability of the proposed model in real world.
Design/methodology/approach
This is a qualitative study that uses semi-structured interviews to determine the initial thoughts of various stakeholders regarding the adoption and implementation of the proposed model.
Findings
The majority of experts (interviewees) agreed with and appreciated the model’s original ideas but expressed concern over the absence of community culture and trust in China, which could represent a serious threat to the model’s viability. It is anticipated that the suggested model will be implemented as pilot projects by the local government in places where Islamic culture and faith are more widespread, hence possibly impacting the model’s effective implementation.
Research limitations/implications
As there are insufficient Islamic financial specialists in China, the limitation of this qualitative study is the small sample size. If certain policymakers could participate, the outcomes would be more hierarchical and trustworthy.
Originality/value
This is, to the best of the authors’ knowledge, the first study of its kind to examine the viability of this innovative Islamic cooperative housing finance scheme within the context of a specific housing issue in China.