Ashraf Md. Hashim, Farrukh Habib, Ziyaat Isaacs and Mohamed Anouar Gadhoum
The purpose of this paper is to explain and critically analyse the Sharīʿah screening criteria and cleansing process for income generated from stocks with a special focus on a…
Abstract
Purpose
The purpose of this paper is to explain and critically analyse the Sharīʿah screening criteria and cleansing process for income generated from stocks with a special focus on a newly developed ISRA-Bloomberg methodology.
Design/methodology/approach
The paper focuses on the methodology of ISRA-Bloomberg in terms of Sharīʿah screening of stocks and the income cleansing process. To achieve this objective, this paper adopts a descriptive approach.
Findings
The methodology of ISRA-Bloomberg is unique in terms of its criterion for screening stocks, the cleansing process and coverage of the universe of stocks. It facilitates the investors by offering a novel colour-coding scheme to indicate the Sharīʿah compliance of a stock. It also provides the exact ratios of the Sharīʿah-compliance criteria to the investors so they can closely observe changes in the trend of ratios and decide beforehand whether or not a company is likely to remain within the Sharīʿah-compliant list. The paper further discusses the issues in the screening and cleansing practices faced by the industry.
Research limitations/implications
This research is limited to the criteria of screening and income purification of stocks which have been used by ISRA-Bloomberg from a Sharīʿah perspective.
Practical/implications
The robust screening criteria and comprehensive analysis of the stocks will enhance the confidence of Islamic capital market participants. The investors, regulators and index providers will be equally able to benefit from this initiative.
Originality/value
The paper focuses on the recently established methodology of ISRA-Bloomberg, which has not been discussed in the literature until now. The methodology, because of its exceptionality, may add a new dimension to Sharīʿah screening and cleansing of stocks.
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Md Shamim Hossain, Md. Sobhan Ali, Chui Ching Ling and Chorng Yuan Fung
This study aims to identify factors affecting tax avoidance and tax evasion in Bangladesh and propose a future research agenda.
Abstract
Purpose
This study aims to identify factors affecting tax avoidance and tax evasion in Bangladesh and propose a future research agenda.
Design/methodology/approach
This paper reviewed 423 articles published between 2010 and 2023 using a systematic literature review (SLR) approach.
Findings
The review classified the factors into three categories, namely individual taxpayers, corporate taxpayers and tax administration. Income level, tax penalty, tax morale, inefficient tax return system and tax assessment process are associated with the individual’s tax avoidance and tax evasion activities. Profitability, corporate governance and financial restrictions are key factors influencing corporate taxpayers’ involvement in tax avoidance and tax evasion. Factors related to tax administration include lack of social interaction, distrust of national officials, complexities of policies, politicisation of tax authority, lack of political stability, incompetent auditing, insufficient recording, lack of administrative cooperation, lack of accountability, insufficient counselling and compromising in tax prosecution cases.
Practical implications
This paper provides tax regulators with insights to improve regulations and lessen tax avoidance and tax evasion activities.
Originality/value
This paper is the first attempt to provide guidance for academics when examining tax avoidance and tax evasion in Bangladesh.
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Maizaitulaidawati Md Husin, Shahab Aziz and Mehwish Iqbal
This paper aims to provide bibliometric data from previously published research in Islamic fund management. Several categories, such as the most influential authors, the keywords…
Abstract
Purpose
This paper aims to provide bibliometric data from previously published research in Islamic fund management. Several categories, such as the most influential authors, the keywords and themes of the previously published research, were analyzed. Also, this paper provides a rigorous background for Islamic mutual funds research by synthesizing and reviewing the content of the previously published research to identify the gaps and provide future research direction.
Design/methodology/approach
Data were gathered from Scopus databases from the year 2007 until 2022. A total of 115 articles were found published over the period of 15 years. Three different software, namely, R-Studio, VOSviewer and Excel are used to analyze the data that depict, among others, the most impactful authors in the field, the top journals covering Islamic fund management research and the most cited document. Content analysis of the previously published research was also provided.
Findings
Publication in Islamic funds started gaining attention in the year 2012 and after. Collaborative works on Islamic funds are not strong yet among the contributory nations, although the USA and Malaysia contributed the highest number of publications. This study also found that there was a lack of research collaboration among authors in this research field, and most of the articles published were concentrated on the performance measurements of Islamic funds.
Research limitations/implications
Researchers might find the results of this paper useful, as they provide a comprehensive analysis of the previously published research in the field.
Practical implications
While these findings gave an overview of the intellectual structure of the research field, they also have the potential to inspire scholars working on Islamic funds research to collaborate on new research projects. Managers can also use this research to further enhance the emergence of Islamic fund management.
Originality/value
This is a comprehensive paper that examines previously published research in the field of Islamic fund management. The findings of this research benefit practitioners and researchers wishing to embark on research in this niche area.
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Shahab Aziz, Maizaitulaidawati Md Husin, Sidra Gazali, Eman Zameer Rahman and Zahra Afaq
This paper aims to provide bibliometric data from previously published research in Islamic marketing. To assess the knowledge structure of research in Islamic marketing and to aid…
Abstract
Purpose
This paper aims to provide bibliometric data from previously published research in Islamic marketing. To assess the knowledge structure of research in Islamic marketing and to aid future research, several categories were analysed, such as the most influential authors, the keywords and the themes of the previously published research. The paper also analyses the content of the previously published research in this field to identify the gaps and provide future research direction.
Design/methodology/approach
Using a quali-quantitative approach known as meta-literature review, we analysed the Islamic marketing literature from 2001–2023. The authors reviewed and analysed 208 papers through bibliometric citation analysis (using R-Studio, VOSviewer and Excel) and content analysis.
Findings
The findings revealed that Malaysia is the most influential country researching Islamic Marketing, and most of the papers were published by the Journal of Islamic Marketing. “Islamic”, “Marketing” and “halal” are among the top three keywords used by the authors publishing in this field. It was found that the impactful authors in Islamic marketing are Wilson, Alserhan and Sandikci, and the impactful source is the Journal of Islamic Marketing. The authors also found that the past research in this field focuses on qualitative research methods, and the objective is more towards providing a general understanding of the concept of Islamic marketing, while the current research agenda is more towards behavioural study and uses quantitative analysis.
Practical implications
By identifying core journals, seminal papers and influential authors, researchers can gain insights into the intellectual structure of a discipline in this field. This study also supports decision-makers, such as funding agencies or policymakers, and assists in making informed decisions related to resource allocation and research priorities.
Originality/value
This comprehensive study examines previously published research and contributes to mapping knowledge domains in Islamic marketing. Reviewing and analysing the published research on Islamic marketing, the authors provide 11 future research questions to extend the research on this topic. The findings of this research benefit practitioners and researchers wishing to embark on research in this niche field.
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Rania Ali Albsoul, Muhammad Ahmed Alshyyab, Sawsan Alomari, Hashim AlHammouri, Zaid Al-Abed, Zaid Kofahi, Raya Atiyeh, Rana Alsyoof, Ashraf Jamrah, Abdulwahab Alkandari, Erika Borkoles, Sireen Alkhaldi and Gerard Fitzgerald
To assess patient safety culture in a teaching hospital in Jordan, identify the demographic and professional characteristics that impact safety culture, and benchmark patient…
Abstract
Purpose
To assess patient safety culture in a teaching hospital in Jordan, identify the demographic and professional characteristics that impact safety culture, and benchmark patient safety culture with similar studies in the region.
Design/methodology/approach
A cross-sectional design was applied. Responses were analyzed using SPSS software. Descriptive and inferential statistics were used to analyze the data.
Findings
In total, 430 (80.5%) participants were nurses and physicians; 300 (56.20%) were females; 270 (50.6%) were in the age group 25–34 years of age. Participants provided the highest positive ratings for “teamwork within units” (60.7%). On the contrary, participants recorded a low positive reaction to the proposition that the response to error was punitive in nature. Of the participants, about 53% did not report any events in the past year.
Originality/value
The average positive response of PSC composites varied from 28.2 to 60.7%. Therefore, patient safety culture in this Jordanian hospital was revealed fragile. This research informs and enables managers and policymakers to plan for future interventions to improve patient safety culture in healthcare institutions.
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The purpose of this paper is to draw a portrait of training and development ideals and practices from the Islamic point of view.
Abstract
Purpose
The purpose of this paper is to draw a portrait of training and development ideals and practices from the Islamic point of view.
Design/methodology/approach
This is a conceptual paper. The paper reviews the relevant literature on training and development from an Islamic perspective portraying the interface between ideals and practices of training and development in Islam in order to bridge a gap in the extant literature.
Findings
The literature that deals with training and development in Islam seems to belong to two major categories: essays espousing a broad perspective and including catch‐all concepts or other generic Islamic principles; and studies addressing human resource management in Islam that mainly examine training and development from a narrow perspective. The findings of this limited body of literature are far from being consistent as they seem contradictory in nature. Simultaneously, in the area of training and professional development, Islam emphasizes practical wisdom and translating theoretical insights into behaviors and practices rather than solely relying on theoretical principles.
Research limitations/implications
The literature review is not detailed due to the dearth of information on training and development from an Islamic perspective.
Practical implications
Training and learning methods from the Islamic tradition can provide constructive contribution to workplace practices as well as benefit organizations that anticipate offering efficient and effective custom‐designed training methods to best meet the training needs of their Muslim employees.
Originality/value
The present contribution is a unique synthesis of the literature related to the application of Islamic principles in training and professional development.