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1 – 10 of 208
Open Access
Article
Publication date: 9 March 2022

Mohd Aslam, Mohd Danish Siddiqi and Aliya Naaz Siddiqui

In 1979, P. Wintgen obtained a basic relationship between the extrinsic normal curvature the intrinsic Gauss curvature, and squared mean curvature of any surface in a Euclidean…

Abstract

Purpose

In 1979, P. Wintgen obtained a basic relationship between the extrinsic normal curvature the intrinsic Gauss curvature, and squared mean curvature of any surface in a Euclidean 4-space with the equality holding if and only if the curvature ellipse is a circle. In 1999, P. J. De Smet, F. Dillen, L. Verstraelen and L. Vrancken gave a conjecture of Wintgen inequality, named as the DDVV-conjecture, for general Riemannian submanifolds in real space forms. Later on, this conjecture was proven to be true by Z. Lu and by Ge and Z. Tang independently. Since then, the study of Wintgen’s inequalities and Wintgen ideal submanifolds has attracted many researchers, and a lot of interesting results have been found during the last 15 years. The main purpose of this paper is to extend this conjecture of Wintgen inequality for bi-slant submanifold in conformal Sasakian space form endowed with a quarter symmetric metric connection.

Design/methodology/approach

The authors used standard technique for obtaining generalized Wintgen inequality for bi-slant submanifold in conformal Sasakian space form endowed with a quarter symmetric metric connection.

Findings

The authors establish the generalized Wintgen inequality for bi-slant submanifold in conformal Sasakian space form endowed with a quarter symmetric metric connection, and also find conditions under which the equality holds. Some particular cases are also stated.

Originality/value

The research may be a challenge for new developments focused on new relationships in terms of various invariants, for different types of submanifolds in that ambient space with several connections.

Details

Arab Journal of Mathematical Sciences, vol. 31 no. 1
Type: Research Article
ISSN: 1319-5166

Keywords

Article
Publication date: 17 May 2019

Kashif Farhat, Wajeeha Aslam and Bin Mohd. Mokhtar Sany Sanuri

The purpose of this paper is to investigate the factors that influence the intention to choose family takaful in Pakistan through using theory of reasoned action (TRA) model…

1430

Abstract

Purpose

The purpose of this paper is to investigate the factors that influence the intention to choose family takaful in Pakistan through using theory of reasoned action (TRA) model. While family takaful is not a new financial solution in the market, the main factors that motivate customers to purchase family takaful remain unexplored. To fill this gap, this paper investigated the impact of attitude (ATT), subjective norm (SBN) with the addition of Halal certification (HCT) to predict the behavioral intention of customers in Pakistan.

Design/methodology/approach

The sample data of 250 respondents was drawn for this paper. The respondents were the regular visitors to the Islamic banks in Pakistan and were selected through judgmental sampling. Of 250, total 237 responses were included in the final study, after excluding the inappropriate and missing responses. For the final data, EFA, CFA and SEM were used to test the significance of relationships between the IVs (ATT, SBN and HCT) and DV (BI).

Findings

Findings from the SEM analysis suggest that ATT, SBN and HCT have positive significant relationships with BI. SBN appeared to be the most influencing factor that influences the behavioral intention to purchase family takaful.

Research limitations/implications

The paper has practical implications for takaful managers and academics. Bank managers can draw marketing communication policy based on the findings of this paper. While for academics, this paper laid a foundation for future studies by integrating Halal certification in TRA as a predictor to the behavioral intention towards selecting family takaful. The empirical nature of this paper will enhance understanding of the Islamic financial market and its customers specifically.

Practical implications

The findings of the paper also hold significance for managers and policy-makers of Islamic financial institutes. It guides to design the marketing strategies to develop the right attitude of customers, emphasize subjective norms and Halal certification when communicating the family takaful products to customers. As such, brand managers of family takaful may leverage the role of belief in developing the right attitude and then linking it to the family takaful brand. The attitude is rooted in the belief, and for family takaful brands, it potentially be useful to allow it a broader space in the brand strategies. Likewise, subjective norms in terms of choosing family takaful comprises the perceived social pressure of customers feel towards purchasing takaful for families. It highlights the role of social contacts and effect of their behavior and choices over customers. The recommendations and positive feedback customers receive from their social contacts can be instrumental in instilling the sale of family takaful. In the context of Halal certification, the findings of this paper call takaful brand managers’ attention to the significant role Shariah compliance plays for potential customers of family takaful.

Social implications

The findings of the paper also have significance for managers and policy-makers of Islamic financial institutes. The findings of this paper guide them to develop marketing strategies, develop the right attitude of customers, emphasize subjective norms and Halal certification when communicating the family Takaful products to customers.

Originality/value

Family takaful is relatively a new phenomenon that demands empirical evidence for academics and managers. This is one of the early studies that investigates the determinants of purchase of family takaful through extended TRA model. Therefore, this investigation will serve as a cornerstone to the scant knowledge of family takaful in Pakistan and around the globe.

Details

Journal of Islamic Marketing, vol. 10 no. 3
Type: Research Article
ISSN: 1759-0833

Keywords

Open Access
Article
Publication date: 21 September 2020

Ejaz Aslam and Razali Haron

The purpose of this study is to examine the impact of corporate governance (CG) on intellectual capital efficiency (ICE) in Islamic banks (IBs) of Organisation of Islamic…

3453

Abstract

Purpose

The purpose of this study is to examine the impact of corporate governance (CG) on intellectual capital efficiency (ICE) in Islamic banks (IBs) of Organisation of Islamic Cooperation (OIC) countries.

Design/methodology/approach

A sample of 129 IBs is drawn from the 29 OIC countries from 2008 to 2017. A two-step system of the generalised method of moments has been employed to account for the unobserved endogeneity and heteroscedasticity issue that arose due to time-variant and time-invariant variables.

Findings

The results revealed that CG measures, namely board size, non-executive directors do explain the extent and quality of ICE in the expected direction. In contrast, CEO duality, Shariah board and audit committee are negatively associated with the ICE. Moreover, the authors observed that male CEO in IBs has negative, but foreign ownership has a positive association with ICE in determining the extent of ICE in IBs. This study contributes specifically to the stakeholder theory and the literature of ICE and CG.

Research limitations/implications

The findings of the study provide insight into how a larger board can overcome skill deficiency and how making more investment in ICE would help to enhance productivity. Hence, bank managers, regulators, policymakers and shareholders have strong interest in designing the appropriate CG structure to develop ICE in banks.

Originality/value

This is one of the few studies which provide empirical evidence of CG mechanism to boost the ICE in the perspective of IBs of the OIC countries.

Details

Asian Journal of Accounting Research, vol. 5 no. 2
Type: Research Article
ISSN: 2443-4175

Keywords

Article
Publication date: 1 January 2025

Aroua Robbana, Mohamed Aslam Akbar and Mohamed Asmy Bin Mohd

This study aims to explore the perception of Algerian Zakat payers regarding the adoption of technology within the Algerian Zakat Fund.

Abstract

Purpose

This study aims to explore the perception of Algerian Zakat payers regarding the adoption of technology within the Algerian Zakat Fund.

Design/methodology/approach

A survey was administered to a convenience sample of 460 Algerian Zakat payers. The survey was designed by combining the Extended Technology Acceptance Model (TAM 2) and Theory of Reasoned Actions (TRA) frameworks to provide an in-depth understanding of the factors that influence the model acceptance among the Algerian Zakat payers. The findings were subsequently analyzed to evaluate convergent and discriminant validity as well as composite reliability. Structural equation modeling was applied to examine the causal relationship among all proposed constructs.

Findings

The data reveal that all the hypotheses from the TAM 2 and TRA theories were supported, demonstrating the model’s significant acceptance among Algerian Zakat payers.

Originality/value

The originality of this study lies in its unique combination of both the TRA and the Extended TAM 2 within the context of Zakat. It examines the integration of the aforementioned theories to assess the acceptance of Algerian Zakat payers to the suggested Zakat Fintech-based model. This model is specifically tailored to address the challenges encountered by the Algerian Zakat Fund, offering innovative solutions to enhance management and governance mechanisms while aligning with Islamic financial principles.

Details

Journal of Islamic Accounting and Business Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1759-0817

Keywords

Article
Publication date: 3 October 2024

Zohora Azmin Shompa, Mohamed Aslam Akbar and Hazwani Mohd Mohadis

This paper aims to investigate the principles guiding sustainable waste management practices within the framework of Maqasid al-Shari’ah. The purpose is to address the…

Abstract

Purpose

This paper aims to investigate the principles guiding sustainable waste management practices within the framework of Maqasid al-Shari’ah. The purpose is to address the environmental challenges arising from economic expansion, population growth and resource consumption, which often lead to unsustainable waste management practices and hinder economic growth. The focus is on aligning waste management principles with the ethical objectives outlined in Shari’ah.

Design/methodology/approach

Adopting a qualitative content analysis method and an inductive approach to outline the constituent elements that formulate the framework, this study investigates the objectives of Maqasid al-Shari’ah to identify underlying elements crucial for sustainable waste management.

Findings

The study reveals how the principles embedded in Maqasid al-Shari’ah provide a foundation for effective waste management practices. The findings emphasize the importance of integrating these principles into human behavior to ensure that waste management aligns with the Shari’ah viewpoint. The insights shed light on the role of Maqasid al-Shari’ah in managing waste sustainably and contributing to environmental conservation efforts.

Originality/value

This research contributes to the field by offering a unique perspective on waste management practices through the lens of Maqasid al-Shari’ah. The study’s originality lies in its exploration of how Islamic ethical objectives can guide sustainable waste management, providing a framework that goes beyond conventional approaches. The incorporation of a comprehensive literature review enhances the authenticity and novelty of the proposed waste management framework.

Details

International Journal of Islamic and Middle Eastern Finance and Management, vol. 18 no. 1
Type: Research Article
ISSN: 1753-8394

Keywords

Article
Publication date: 21 November 2023

Mohamed Aslam Akbar, Mohamed Asmy Mohd Thas Thaker, Mustafa Omar Mohammed, Nik Hziman Nik Mat and Hassanuddeen Abd.Aziz

The purpose of this study is to address the lack of a proper database or finding system for scholars of Islamic economics (IE), as well as the dearth of literature on…

Abstract

Purpose

The purpose of this study is to address the lack of a proper database or finding system for scholars of Islamic economics (IE), as well as the dearth of literature on bibliographic search and trend analyses of scholars in this field. This study aims to adopt a bibliometric review of the bibliography of experts in IE and scholars in disciplines allied to IE.

Design/methodology/approach

This study adopts a bibliometric review of the bibliography of experts in IE and scholars in disciplines allied to IE. The researchers collected data on scholars’ profiles and scholarly works and analyzed them to identify trends and patterns.

Findings

This study presents two main themes: the profiles of the scholars in IE and allied disciplines, and their scholarly works. The findings on the scholars’ profiles reveal that most scholars are contemporaries born between the 1940s and 1990s, concentrated in Malaysia and affiliated with the International Islamic University Malaysia. Regarding their scholarly works, the majority of their efforts resulted in 11,736 materials in the form of books, articles and conference papers spread across 13 sub-areas in IE.

Originality/value

This study fills the gap in literature by providing a database and finding system for scholars in IE and conducting a bibliographic search and trend analysis of scholars in this field. The findings shed light on the profiles of scholars and their scholarly works, which can guide future research in this area.

Details

Journal of Islamic Accounting and Business Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1759-0817

Keywords

Article
Publication date: 5 December 2024

Mohamed Asmy Bin Mohd Thas Thaker, Mohamed Aslam Akbar and Riasat Amin Amin Imon

This paper aims to explore the role and relationship of ethics and morals in technology, specifically examining how Islam, as a religion that emphasizes spirituality and…

Abstract

Purpose

This paper aims to explore the role and relationship of ethics and morals in technology, specifically examining how Islam, as a religion that emphasizes spirituality and sacredness, can uniquely influence the concept of robot rights.

Design/methodology/approach

The existing literature on robot rights and Islamic perspectives has been critically reviewed to address the study’s objectives.

Findings

In Islam, robots are viewed similarly to property ownership, where the owner holds responsibilities rather than absolute control. Islamic ownership rights are distinct compared to conventional ownership models. In Islam, private ownership is limited, as God is considered the ultimate owner of all assets. Assets, including robots, must be managed according to Islamic values and ethics. Unlike conventional ownership, where the owner can dispose of their property without justification, Islamic principles grant more rights to assets (including robots). This difference arises from the sacred origins of economic resources in Islam, which extends to the treatment of assets as inputs in an economy. Therefore, spirituality, as defined in Islam, uniquely influences the rights of robots.

Originality/value

As robotics becomes an increasingly significant part of our lives, religion plays a growing role in shaping the ethical and moral framework within which robots operate. This study is among the first to present an integrative framework and evaluate robot rights from an Islamic economics perspective.

Details

Journal of Islamic Marketing, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1759-0833

Keywords

Article
Publication date: 17 May 2024

Muhammad Bilal Zafar and Ahmad Jafar

There are many areas of research that are untapped in Islamic banking, and human capital is one of them. This paper aims to systematical review the relevant literature on human…

Abstract

Purpose

There are many areas of research that are untapped in Islamic banking, and human capital is one of them. This paper aims to systematical review the relevant literature on human capital and Islamic banking.

Design/methodology/approach

The review process involved a structured search using well-established academic databases, Scopus and Web of Science, resulting in the selection of relevant articles. The paper has been divided into three major themes, besides other discussions on the literature, including methods of measuring human capital, determinants of human capital and human capital and performance of Islamic banks.

Findings

A few pioneering studies have explicitly examined human capital in the Islamic banking domain, while others have encompassed it under the broader umbrella of intellectual capital. The most common method of measuring human capital is accounting based, while few have adopted disclosure and survey methods as well. There are few studies that explored the determinants of human capital having focus on corporate governance, while many of the studies have explored the nexus of human capital and financial performance.

Practical implications

This review strongly highlights the need for more focused research on human capital within the Islamic banking sector. As Islamic banking necessitates unique human capital characteristics, it is essential to delve deeper into this aspect. Furthermore, there is a call to expand the human capital index by incorporating comprehensive aspects relevant to Islamic banking. An important area that requires further exploration is the role of Shariah governance in shaping human capital development within Islamic finance, understanding the reasons behind the observed negative correlation.

Originality/value

Despite its significance, the relationship between human capital and Islamic banking has received limited attention. This review paper not only addresses this gap but also lays the groundwork for future studies in this important and emerging field.

Details

Journal of Islamic Accounting and Business Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1759-0817

Keywords

Article
Publication date: 10 November 2020

Ejaz Aslam and Razali Haron

The existing literature asserted that the Islamic banking industry progress significantly, but it has increasingly found asset deficient which assaulted the performance of Islamic…

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Abstract

Purpose

The existing literature asserted that the Islamic banking industry progress significantly, but it has increasingly found asset deficient which assaulted the performance of Islamic banks (IBs). The aim of this study to examine the mediating role of intellectual capital (IC) on the relationship between corporate governance (CG) mechanisms and IBs performance is examined (ATO, NPM).

Design/methodology/approach

A panel sample of 129 IBs is drawn from the 29 organisation of Islamic cooperation (OIC) countries from 2008 to 2017. Two-step system generalized method of moments (2SYS-GMM) was used to account for the unobserved endogeneity and heteroscedasticity problem.

Findings

The empirical findings demonstrate that there is a significant impact of the CG mechanism on IC. Moreover, the empirical findings indicate that CG has a direct influence on banking performance but it affects indirectly through IC. IC also appears to have a mediation role in the relationship between the CG mechanism and the performance of IBs.

Research limitations/implications

As the empirical research on IC from CG point of view in Islamic banking is generally new in the banking literature, the output of this research will contribute to the building up of empirical framework and practices regarding IC in the Islamic banking industry by using the resource-based theory as a leading theory and agency theory as a sub theory. It is anticipated that this study provided a superior comprehensive discussion of the IC in IBs across OIC countries which discovers the CG mechanism to influence the IC to improve banking performance.

Practical implications

This study offers useful insights to the regulators and practitioners to draw the rules and regulations in improving the CG mechanism and the effectiveness of internal controls by acknowledging the importance of IC in Islamic banking institutions. Particularly, the findings of this study may be of benefit to bankers to efficiently use the IC as a premise to design new and creative strategies to achieve a competitive advantage in the banking industry.

Originality/value

The study is unique in its nature because it presents a successful model for IBs to concentrate more on the role of IC in enhancing banking performance, which might be used by the banks to rearrange the roles within CG, to place their priorities regarding the internal governance system and financial plans for competency enhancement.

Details

Corporate Governance: The International Journal of Business in Society, vol. 21 no. 1
Type: Research Article
ISSN: 1472-0701

Keywords

Article
Publication date: 29 April 2021

Waqas Mehmood, Rasidah Mohd-Rashid, Abd Halim Ahmad and Ahmad Hakimi Tajuddin

The present study investigated the influence of country-level institutional quality on IPO initial return using World Bank Governance indices.

Abstract

Purpose

The present study investigated the influence of country-level institutional quality on IPO initial return using World Bank Governance indices.

Design/methodology/approach

This study analysed 84 IPOs listed on Pakistan Stock Exchange between 2000 and 2017 using cross-sectional data. The impact of country-level institutional quality on IPO initial returns was examined using ordinary least square, robust least square, stepwise least square and quantile regression.

Findings

Empirically, the values of political stability, government effectiveness and regulatory quality were positively significant, whereas rule of law and control of corruption were negatively significant in explaining the intensity of IPO initial return. The results also show the presence of significant risk in the market. Hence, investors were compensated with higher initial returns for weak country-level institutional quality. The results also reveal that improving country-level institutional quality would improve the financial market transparency, thereby reducing IPO initial returns.

Originality/value

No studies have been conducted regarding the influence of country-level institutional quality on IPO initial return in Pakistan. This study is a pioneering study that seeks to give insights into the link between these variables in the context of Pakistan.

Details

South Asian Journal of Business Studies, vol. 12 no. 1
Type: Research Article
ISSN: 2398-628X

Keywords

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