This paper aims to clarify that some values are the origin of the modern financial world. In this regard, they should be protected by legal and financial mechanisms. However…
Abstract
Purpose
This paper aims to clarify that some values are the origin of the modern financial world. In this regard, they should be protected by legal and financial mechanisms. However, sometimes, it is not necessary to use the entire legal arsenal to protect those values. A value can be transformed into another value or mutate into a notion and become implicitly protected by the whole system. This is called the transformation of values.
Design/methodology/approach
In this paper, it shall be analyzed how the protection of values is applied in both Shariah and conventional systems. Two Gulf countries, Iran and The United Arab Emirates (UAE), will be compared with France, which have different financial systems. How the process of transformation becomes a global norm which lead to a harmonization will also be discussed.
Findings
This paper demonstrates that divergent values in both Islamic and conventional financial system tend to be convergent and become global standard norms. In this respect, due to the transformation of values, harmonization of norms and standards will be recognized.
Originality/value
The paper fulfils an identified process in which the penal action against irregularities becomes a “dernier resort”, and it is for the protection of major global concerns, not for “little transgressions against local values”.
Details
Keywords
Habeeb Abdulrauf Salihu and Amin Jafari
The purpose of this paper is to examine the various anti-corruption strategies used to fight economic and financial crimes in both the public and private sectors in Iran.
Abstract
Purpose
The purpose of this paper is to examine the various anti-corruption strategies used to fight economic and financial crimes in both the public and private sectors in Iran.
Design/methodology/approach
This paper relied essentially on a secondary source of information. Materials used were collected in an eclectic manner from published outlets such as journal publications, books, online sources and newspaper reports. Also, official documents and statutes were also used. This study’s scope is limited to issues and analysis relating to measures adopted to combat corruption in Iran.
Findings
The legal and institutional frameworks analysed indicated that Iran has a robust anti-corruption scheme. However, there is no adequate measure available to gauge the effectiveness of these measures.
Practical implications
The paper concludes that conventional anti-corruption methods are not enough to fight corruption in this present time, thus, the implementation of whistle-blower policy and allowing freedom of operation of the civil society organisations and media would assist in the fight against corruption in Iran.
Originality/value
The paper provides the legal and institutional anti-corruption frameworks in Iran. It explores the three major approaches or methods of combating corruption and other corrupt practices in Iran.
Details
Keywords
Mohammad Javad Jafari, Elham Akhlaghi Pirposhteh, Mohadese Farhangian, Soheila Khodakarim Ardakani, Elaheh Tavakol, Somayeh Farhang Dehghan and Amin Khalilinejad
The aim of this study is to optimize the electrospinning parameters used in the production process of polyvinyl chloride (PVC) nanofibers.
Abstract
Purpose
The aim of this study is to optimize the electrospinning parameters used in the production process of polyvinyl chloride (PVC) nanofibers.
Design/methodology/approach
The response surface methodology (RSM) was used to determine the experimental design. The 30 nanofiber prototypes candidates were electrospun using a needle-based electrospinning machine. PVC polymer, N-dimethyl formamide and tetrahydrofuran solvents were used to prepare the electrospinning solution.
Findings
The electrospun nanofibers had a mean diameter of 386 ± 136.57 nm, in the range of 200−412 nm. The mean porosity was 31.60 ± 6.37% in the range of 15.33−41.53%. The webs made from electrospun nanofibers had a mean pressure loss of 194.23 ± 47.7 pa in the range of 124−300 pa. The highest statistically significant correlation was observed between solution concentration and nanofiber diameter (r = 0.756, p < 0.05).
Originality/value
The optimal electrospinning parameters were determined to be: a solution concentration of 11 weight percent, a voltage of 16.5 kV, a needle-collector distance of 13.5 cm and an electrospinning duration of 4 h.
Details
Keywords
Amir Museli and Nima Jafari Navimipour
Organizations are social entities comprising multiple people that are goal-directed and have coordinated activities that are also linked to the external environment. As…
Abstract
Purpose
Organizations are social entities comprising multiple people that are goal-directed and have coordinated activities that are also linked to the external environment. As information technology improves, the organizational performance is also improved and it results in positive changes and development in the organizations. Near field communication (NFC) is one of such technologies that can be implemented and utilized in an organization. The purpose of this paper is to investigate the important variables impacting the adoption of NFC in organizations and propose an applicable model for it.
Design/methodology/approach
In this paper, to have a successful NFC implementation in organizations and analyze main factors impacting the NFC technology adoption in organizations, a technology acceptance model-based approach is used.
Findings
The findings show that the main variables impacting NFC adoption are ease of use, potential risk, usefulness and cost. The obtained results indicate that the model has adequate and sufficient reliability, convergent validity and discriminant validity.
Originality/value
In this paper, the factors impacting the NFC adoption in organizations are pointed out, and the proposed model is tested on samples gathered from Azerbaijan railway employees and for statistical analysis of questionnaires, the SMART-PLS 2.0 software package is used.
Details
Keywords
The purpose of this paper is to analyze the changes in Islamic financing literacy and draw a comparison between the intentions of Muslim and non-Muslim micro and small…
Abstract
Purpose
The purpose of this paper is to analyze the changes in Islamic financing literacy and draw a comparison between the intentions of Muslim and non-Muslim micro and small entrepreneurs after receiving counseling. It also observes the role of religion in the relationship between literacy and the intention to use Islamic financing.
Design/methodology/approach
The participants were of 60 owners of micro and small entrepreneurs who were made up of 30 Muslims and 30 non-Muslims. An Islamic financing counseling was conducted on 30 non-Muslims, and data were obtained relating to literacy and intention after the counseling. The data were analyzed using statistical descriptive, associative and comparative test.
Findings
There is a significant increase in literacy and intentions of non-Muslim entrepreneurs after receiving the counseling. It is also discovered that religious factor no longer influences literacy and intention of using Islamic financing after receiving the counseling.
Research limitations/implications
Counseling is an effective way to establish non-Muslims’ literacy and lead their intention toward the use of Islamic financing products.
Practical implications
There is a need to give proper knowledge about the importance of Islamic financing to non-Muslims by emphasizing the monetary values and benefits to diversify the market segment.
Social implications
The finding proves that Islam, in every aspect including the economy, is a blessing to the entire universe or as Muslim says, ‘rahmatan lil “alamin”.
Originality/value
Previous studies about Islamic financing have been mostly conducted by using survey among the Muslim population. Therefore, this study combines both survey and experiment by providing Islamic literacy counseling to non-Muslims.
Details
Keywords
Hanudin Amin and Imran Mehboob Shaikh
This study aims to examine the zakat al-mustaghallat acceptance index (ZAMAi) through the examination of its predictors identified in this work, including attitude, social…
Abstract
Purpose
This study aims to examine the zakat al-mustaghallat acceptance index (ZAMAi) through the examination of its predictors identified in this work, including attitude, social influence, self-efficacy, amount of information and Islamic altruism, at best.
Design/methodology/approach
Drawing from the attitude-social influence-self efficacy model, this study evaluated the effects of these factors on ZAMAi using an empirical investigation surveying 184 respondents who were identified as the owners of residential properties in Malaysia.
Findings
In the core model, this study found significant outcomes for the effects of attitude, social influence, self-efficacy, amount of information and Islamic altruism, along with the demographic items tested. For post hoc analysis, this study found two significant outcomes drawn from the role of attitude as a mediating variable in this study.
Research limitations/implications
The results obtained from this study should be used with caution owing to its limited applicability and the constraints of subjects and variables in the framework developed.
Practical implications
The results obtained can become a yardstick to gauge the success of zakat al-mustaghallat acceptance in Malaysia.
Originality/value
This study introduced new measures of ZAMAi, where Malaysian landlords are brought into play.
Details
Keywords
Online feminist activism has opened a different path for ordinary Iranians who are not necessarily versed in post-revolutionary discourses on feminism and political activism, nor…
Abstract
Online feminist activism has opened a different path for ordinary Iranians who are not necessarily versed in post-revolutionary discourses on feminism and political activism, nor are familiar with the names and past achievements of Iranian women’s activist pioneers since the birth of the Islamic Republic in 1979. Social media has helped to tease apart government statecraft that continually touts and reemphasizes Islamic values, at the same time providing a platform for a feminist consciousness that more recently has passionately supported individual rights, especially the right to privacy. This chapter delves into this move toward a more individualized form of dissent, surveying the generational, ideological, and technological divides that have emerged among Iranian women’s activists following popular uprisings that have been happening domestically since 2009.
Details
Keywords
Syed Adil Shah, Maqsood Hussain Bhutto and Sarwar M. Azhar
The purpose of this study is to integrate and synthesize the Islamic marketing literature, understand the phenomenon and related concepts and provide suggestions for future…
Abstract
Purpose
The purpose of this study is to integrate and synthesize the Islamic marketing literature, understand the phenomenon and related concepts and provide suggestions for future research.
Design/methodology/approach
The study uses an integrative review method that emphasizes summarizing and synthesizing the previous literature related to a phenomenon.
Findings
The findings indicate the emergence of five major themes, namely, Islamic marketing and its perspectives, activities in Islamic marketing, opportunities, controversies and challenges in Islamic marketing, Islamic principles and determinants of consumers’ behavior and awareness toward Islamic products. Each of the major themes consists of sub-themes discussed in detail in the results and discussion sections.
Research limitations/implications
Like other studies, this integrative literature review has some limitations. These include the methodology undertaken, the lack of explanation of inter-relationship among themes and lack of Islamic theory-based review. These limitations lead to future research directions.
Practical implications
Marketing managers need a thorough understanding of the Islamic standards and need to develop strategies. Further, there are inter-differences among Muslims, which need to be thoroughly understood by managers. Moreover, marketers can effectively use advertising in creating awareness and increasing demand of halal products.
Originality/value
This study provides an integrative review of the literature and synthesizes the Islamic marketing literature, which has not been done before.
Details
Keywords
Maryam Taji, Ali Siadat and Leila Moghtadaie
The present study aimed at developing and validating a self-development training package and determining self-development's effectiveness on job variables and human capital…
Abstract
Purpose
The present study aimed at developing and validating a self-development training package and determining self-development's effectiveness on job variables and human capital agility among secondary school principals in Isfahan.
Design/methodology/approach
In the first phase, the researcher conceived a full version of the self-development training package by studying the theoretical evidence of research and interviewing experts as well as using content analysis. The questionnaire was presented to several experts (n = 8) in that field of study for evaluation after compiling the initial version of the self-development training package, with the aim of determining the face and content validity. In the second phase of the study, the effectiveness of the self-development training package was experimented on secondary school principals using a quasi-experimental pre-test–post-test design and follow-up with a control group.
Findings
The evaluation results were suitable for the training package based on the proposed Lawshe method. The results also indicated that the implementation of a self-development training package in the experimental group had a significant effect on job performance and its dimensions, as well as human capital agility. The effect of the training package on increasing job performance in the post-test stage was 55.3% and was 50.2% in the follow-up stage. Also, the effect of this package on increasing the agility of human capital in the post-test phase was equal to 34.8% and was equal to 28.9% in the follow-up stage.
Originality/value
Question 1: What are the components of a self-development training package? Question 2: What is the credibility of the developed training package from the experts' point of view? Question 3: Does the self-development training package have an effect on job performance and its dimensions? Question 4: Does the self-development training package have an effect on human capital agility?.
Details
Keywords
Alejandra Zuccoli and Maximiliano E. Korstanje
Some authors have alerted on the state of crisis generated by Covid-19 in the tourism industry worldwide. The restrictive measures disposed by governments generated not only an…
Abstract
Some authors have alerted on the state of crisis generated by Covid-19 in the tourism industry worldwide. The restrictive measures disposed by governments generated not only an unparalleled economic crisis but also serious social maladies in society and education (i.e., higher dropout rates and low academic grades). Needless to say that the tourism education was in crisis much time earlier than the Covid-19 pandemic. Echoing Sigala and Ratten, the authors hold the pungent thesis that Covid-19 introduced a new opportunity to reform the epistemology and the basis of the tourism education curricula. Centerd on the role played by pleasure and joy, which is boosted by the digital technologies, this chapter synthesizes the findings of PANCOE, a successful experiment conducted by the University of Palermo, Argentina, to reduce the dropout rates while improving students’ academic performance. The experiment was drawn and applied in the years before and after the pandemic. Results show how pleasure plays a vital role giving students better opportunities in contexts of fear and deprivation.