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1 – 10 of 23Syed Waqar Akbar, Ajid Ur Rehman and Muhammad Shahzad Ijaz
This paper aims to examine the impact of corruption on bank stability and bank profitability separately for Islamic banks as well as conventional banks. Moreover, it also…
Abstract
Purpose
This paper aims to examine the impact of corruption on bank stability and bank profitability separately for Islamic banks as well as conventional banks. Moreover, it also investigates whether the existence of Islamicity and corruption in the environment can moderate the Islamic banks-stability and Islamic banks-profitability relationships.
Design/methodology/approach
Sample of the study consists 136 banks comprising 70 Islamic and 66 conventional banks over the period 2015–2021 from nine countries with dual banking systems. Panel data fixed effect estimator with year effects is used to estimate the results.
Findings
Results of the study show that Islamicity is positively and corruption is negatively related to bank stability as well as bank profitability. Further, it is found that the effect of corruption is significantly different between Islamic and conventional banks, wherein conventional banks are more adversely affected than Islamic banks. However, an insignificant difference between Islamic and conventional banks is observed in the case of Islamicity.
Practical implications
The study provides theoretical and practical implications. On theoretical side, the study presents Islamicity as more reliable measure of religiosity based on Islamic values that can help in control of corruption by moderating corruption-bank stability nexus especially in dual banking economies which have high share of Muslim population. On practical side, the study recommends policy and operational measures for mitigating corruption aiming bank stability.
Originality/value
The results of this study contribute to the corruption-finance, religion-finance and dual banking literature. This study suggests that regulators and bank management must consider corruption and Islamicity while formulating their policies for better bank performance/stability.
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Ijaz Ur Rehman, Faisal Shahzad, Muhammad Abdullah Hanif, Ameena Arshad and Bruno S. Sergi
This study aims to empirically examine the influence of financial constraints on firm carbon emissions. In addition to the role of financial constraints in firm-level carbon…
Abstract
Purpose
This study aims to empirically examine the influence of financial constraints on firm carbon emissions. In addition to the role of financial constraints in firm-level carbon emissions, this study also examines this influence in the presence of governance, environmental orientation and firm-level attributes.
Design/methodology/approach
Using pooled ordinary least square, this study examines the impact of financial constraints on firm-level carbon emissions using a panel of 1,536 US firm-year observations from 2008 to 2019. This study also used two-step generalized method of moment–based dynamic panel data and two-stage least square approaches to address potential endogeneity. The results are robust to endogeneity and collinearity issues.
Findings
The results suggest that financial constraints enhance the carbon emissions of the firms. The economic significance of financial constraints on carbon emissions is more pronounced for the firms that do not report environment-related expenditure investment and those that are highly leveraged. The authors further document that firms with a nondiverse gender board signify a statistically significant impact of financial constraints on carbon emissions. These results are also economically significant, as one standard deviation increase in financial constraints is associated with a 3.340% increase in carbon emissions at the firm level.
Research limitations/implications
Some implicit and explicit factors like corporate emissions policy and culture may condition the relationship of financial constraints with carbon emissions. Therefore, it would be worthwhile to consider these factors for future research. In addition, it is beneficial to identify the thresholds and/or quantiles at which financial constraints may significantly make a difference in enhancing carbon emissions.
Practical implications
The findings offer policy implications for investment in stakeholder engagement for capital acquisitions, thereby effectively enforcing environmental innovation and leading to a reduction in carbon emissions.
Originality/value
This study integrated governance and environment-oriented variables in the model to empirically examine the role of financial constraints on the carbon emissions of the firms in the USA over and above what has already been documented in the earlier literature.
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Sumaira Qayyum, Muhammad Ijaz Khan, Tasawar Hayat and Ahmed Alsaedi
The purpose of this study is to analyze the Entropy generation analysis and heat transport in three-dimensional flow between two stretchable disks. Joule heating and heat…
Abstract
Purpose
The purpose of this study is to analyze the Entropy generation analysis and heat transport in three-dimensional flow between two stretchable disks. Joule heating and heat generation/absorption are incorporated in the thermal equation. Thermo-diffusion effect is also considered. Flow is conducting for time-dependent applied magnetic field. Induced magnetic field is not taken into consideration. Velocity and thermal slip conditions at both the disks are implemented. The flow problem is modeled by using Navier–Stokes equations with entropy generation rate and Bejan number.
Design/methodology/approach
Von Karman transformations are used to reduce the nonlinear governing expressions into an ordinary one and then tackled by homotopy analysis method for convergent series solutions. The nonlinear expressions for total entropy generation rate are obtained with appropriate transformations. The impacts of different flow variables on velocity, temperature, entropy generation rate and Bejan number are described graphically. Velocity, temperature and concentration gradients are discussed in the presence of flow variables.
Findings
Axial, radial and tangential velocity profiles show decreasing trend for larger values of velocity slip parameters. For a larger Brinkman number, the entropy generation increases, while a decreasing trend is noticed for Bejan number.
Originality/value
To the best of the authors’ knowledge, no such analyses have been reported in the literature.
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Muhammad Ijaz Mairaj and Mahsham Mukaram
This study aims to examine the status, explores the hurdles and identifies the prospects for developing a union catalogue of university libraries in Lahore, Pakistan.
Abstract
Purpose
This study aims to examine the status, explores the hurdles and identifies the prospects for developing a union catalogue of university libraries in Lahore, Pakistan.
Design/methodology/approach
Following a quantitative research approach, a questionnaire was developed from literature and authors’ experience. After ensuring its validity and reliability, data were collected from librarians after the census. A total of 105 librarians were approached, of whom 73 (71%) responded to the survey.
Findings
University libraries in Lahore are well organized, have adequate collections and information technology-literate staff, are well automated, have good internet connections, are equipped with integrated software, follow cataloguing rules and MARC standards; however, the absence of standardized software, lack of funds, absence of uniform policy, professional workload and absence of standardized vocabulary are significant challenges. Private-sector librarians reported facing more challenges. Librarians consider all prospects vital for developing a union catalogue. These prospects include the availability of relevant information, incentives to librarians, coordination with librarians, a realization that sharing is caring, the Higher Education Commission of Pakistan taking initiative and librarians’ training.
Research limitations/implications
University librarians in Lahore are ready to cooperate with the development of a union catalogue; however, they seek support from higher authorities, professional library associations and the Higher Education Commission of Pakistan.
Originality/value
To the best of the authors’ knowledge, this research is the first of its kind that examines the status, explores the hurdles and identifies the prospects for developing a union catalogue of university libraries in Lahore. It would lead to the development of a union catalogue of university libraries in Pakistan.
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Muhammad Ijaz Khan, Sohail Ahmad Khan, Tasawar Hayat, Muhammad Waqas and Ahmed Alsaedi
The purpose of this paper is to investigate the entropy optimization in magnetohydrodynamic hybrid nanomaterials flows toward a stretchable surface. The energy expression is…
Abstract
Purpose
The purpose of this paper is to investigate the entropy optimization in magnetohydrodynamic hybrid nanomaterials flows toward a stretchable surface. The energy expression is modeled subject to dissipation, heat generation/absorption and Joule heating. Here silicon dioxide (SiO2) and molybdenum disulfide (MoS2) as nanoparticles and propylene glycol (C3H8O2) as base fluid, respectively. Furthermore, the authors discussed the comparative study of molybdenum disulfide and silicon dioxide diluted in propylene glycol. The total entropy optimization rate is computed through implementation of the second law of thermodynamics.
Design/methodology/approach
The nonlinear partial differential system is reduced to an ordinary one through implementation of transformation. Newton built-in shooting method is used for computational results for the given system. Influences of various flow variables on the temperature, Bejan number, velocity, concentration and entropy generation rate are examined graphically for both nanoparticles (SiO2 and MoS2). Gradients of velocity and temperature are computed numerically for various physical parameters. Also, take the comparison between the present and previously published results in tabulated form.
Findings
For higher estimation of ϕ both temperature and velocity are enhanced. Entropy optimization and Bejan number have the opposite outcome for viscosity parameter. Temperature and velocity have opposite behaviors for larger values of magnetic parameter. Molybdenum disulfide (MoS2) is more efficient than silicon dioxide (SiO2).
Originality/value
No such work is yet published in the literature.
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Waqar Azeem Khan, Mehboob Ali, Muhammad Waqas, M. Shahzad, F. Sultan and M. Irfan
This paper aims to address the flow of Sisko nanofluid by an unsteady curved surface. Non-uniform heat source/sink is considered for heat transfer analysis.
Abstract
Purpose
This paper aims to address the flow of Sisko nanofluid by an unsteady curved surface. Non-uniform heat source/sink is considered for heat transfer analysis.
Design/methodology/approach
Numerical solutions are constructed using bvp4c procedure.
Findings
Pressure profile inside boundary region is increased when A and K are enhanced.
Originality/value
No such analysis is yet presented.
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Misal Ijaz, Farah Naz and Naila Sadiq
This research investigates the trajectory of Gulf region, focusing on the interplay between environmental, social and governance (ESG) factors and key elements – digital economy…
Abstract
Purpose
This research investigates the trajectory of Gulf region, focusing on the interplay between environmental, social and governance (ESG) factors and key elements – digital economy, green economy (GE), green finance, green energy and green innovation. This study aims to provide a nuanced understanding of how Gulf economies align their developmental pursuits with sustainability principles amidst the rapid evolution of digital technologies.
Design/methodology/approach
A data set of 95 listed companies from six Gulf Cooperation Council countries – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates – from year 2016 to 2022 was compiled from reputable sources. Using fixed effect regression techniques, this study explores relationships, accounting for individual and time-specific variations.
Findings
This study indicates that key factors – digital economy, GE, green energy and green innovation – significantly influence ESG performance across Gulf nations underscoring the potential for strategic integration of these elements to enhance sustainable practices. However, the nonsignificant impact of green finance highlights a need for further exploration and refinement of financial mechanisms to effectively contribute to ESG goals in the Gulf region.
Research limitations/implications
The findings underscore the importance for Gulf policymakers to prioritize ongoing support and policy formulation fostering digitalization and green initiatives. Businesses in the region can enhance ESG performance by integrating sustainable practices, promoting long-term resilience and reputation. Investors and financial institutions can use these insights to guide investment decisions, prioritizing projects contributing to environmental sustainability and social responsibility.
Originality/value
Amidst the current sustainability imperative, this research holds unique value in its timely exploration of the Gulf region’s sustainable landscape, providing crucial insights into the interplay between ESG factors and digital and green initiatives.
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Sri Herianingrum, Indri Supriani, Raditya Sukmana, Effendie Effendie, Tika Widiastuti, Qudsi Fauzi and Atina Shofawati
This study aims to analyze the concept of Zakat as an instrument to increase the economy and poverty eradication in Indonesia.
Abstract
Purpose
This study aims to analyze the concept of Zakat as an instrument to increase the economy and poverty eradication in Indonesia.
Design/methodology/approach
This study used a qualitative method based on library research sourced from books, financial reports and another previous research.
Findings
The results show that the empowerment programs conducted by Zakat institutions in Indonesia are based on the scale of priorities and the potential of Mustahik. Zakat management considers the level of productivity and long-term impacts that improve Mustahik Economy. Thus, the empowerment programs lead to the reduction of Mustahik living below poverty line.
Research limitations/implications
This study contributes in two ways: first, it analyzes a model to identify the Mustahik’s potential for the Zakat institution in Indonesia. Second, it encourages the awareness of Muzakki and Mustahik regarding the role of Zakat in the Indonesian economy. This is expected to prompt their level of participation in optimizing the potential of Zakat in Indonesia.
Originality/value
Given the scarce literature that provide qualitative and critical reviews of the implementation Zakat empowerment programs to alleviate poverty conducted by the Zakat institutions in Indonesia, this research can act as a bridge for future research in performing empirical studies regarding the impact of a Zakat empowerment program on society.
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