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Article
Publication date: 3 January 2023

Karim Ullah, Muhammad Ashfaque, Muhammad Atiq, Muhammad Khan and Arif Hussain

The purpose of this paper is to explore the types of Shariah capabilities of Islamic banks, which provide bases for the types of Shariah value propositions, offered by the…

Abstract

Purpose

The purpose of this paper is to explore the types of Shariah capabilities of Islamic banks, which provide bases for the types of Shariah value propositions, offered by the relationship managers in their front-line service experiences with the customers.

Design/methodology/approach

A resource-based view of Shariah capabilities and a service-dominant logic view of value propositions are adopted. Fifteen relationship managers from multiple Islamic banks in Pakistan are interviewed to find a typology of Shariah capabilities and a resultant typology of value propositions for Islamic banks.

Findings

The findings suggest that Islamic banks claim to possess five types of Shariah capabilities, namely, Shariah governance capability (SGC), Shariah compliance capability (SCC), Shariah monitoring capability (SMC), Shariah structuring (product) capability (SSC) and Shariah learning capability (SLC). These capabilities lead to four types of values propositions, namely, Shariah identity value (SIV), Riba-free value (RFV), Shariah disclosure value (SDV) and Tangibility value (TV) of the real assets in transactions.

Research limitations/implications

The study has relied on the front-line experiences of relationship managers who are connected to the Islamic banks’ capabilities inside the banks and the value propositions that they offer to show relationships with customers in front-line service experiences. Other stakeholders may have different perspectives on both capabilities and value propositions.

Originality/value

This paper contributes to Islamic finance theory by theoretically and empirically showing two typologies for the Islamic banks' capabilities and value propositions, respectively.

Details

International Journal of Islamic and Middle Eastern Finance and Management, vol. 16 no. 4
Type: Research Article
ISSN: 1753-8394

Keywords

Article
Publication date: 8 April 2021

Adnan Malik, Karim Ullah, Shafiullah Jan, Muhammad Atiq and Ali Abdullah

This study aims to describe the role of knowledge diffusion in evolving governance principles for Islamic banking.

Abstract

Purpose

This study aims to describe the role of knowledge diffusion in evolving governance principles for Islamic banking.

Design/methodology/approach

This study develops a discursive theoretical debate using the discourse analysis method on the Sharīʿah principles related to interest (Riba), excessive uncertainty (Gharrar) and profit and loss sharing and their convergence with the conventional banking principles of profitability, solvency and liquidity.

Findings

The study proposes a novel framework that describes how knowledge diffusion bridge-up the Sharīʿah and banking principles in terms of integration of banking principles by Sharīʿah scholars, integration of Sharīʿah principles by managers and the resultant, emergent principles for the governance of Islamic banking.

Practical implications

The proposed framework can inform professionals on how knowledge of banking practices and Sharīʿah can help them in governing Islamic banking. The Board of Directors may adopt a holistic approach for encouraging enhanced interactions between Sharīʿah scholars and managers. Such interaction may be increasing harmony, reducing conflicts and better coordination resulting in Sharīʿah-compliant and market wise viable products and services, thus increasing banking profitability.

Originality/value

This is the first study, which acknowledges and illustrates the role of the knowledge diffusion process in evolving governance principles for Islamic banks. This paper contributes to the theory of corporate governance by using the knowledge, aptitude and practice theory lens to examine conceptually how Islamic banking governance principles emerged through the knowledge diffusion process.

Details

International Journal of Islamic and Middle Eastern Finance and Management, vol. 14 no. 4
Type: Research Article
ISSN: 1753-8394

Keywords

Article
Publication date: 21 November 2023

Rahman Ullah Khan, Karim Ullah and Muhammad Atiq

This study aims to synthesize the existing literature with insights gained from interviews conducted with regulatory experts. The objective is to analyse the challenges associated…

Abstract

Purpose

This study aims to synthesize the existing literature with insights gained from interviews conducted with regulatory experts. The objective is to analyse the challenges associated with incorporating cryptocurrencies into regulatory frameworks and to explore constraints in the regulatory institutionalization of cryptocurrencies.

Design/methodology/approach

The study methodology consists of two steps. The first step is to identify regulatory constraints in the literature review and in the next step, interviews are conducted with officials of the State Bank of Pakistan (SBP). The study used a qualitative case study methodology, in which a single case (regulatory constraint) was selected as a unit of analysis.

Findings

The findings show that lack of traceability, legal status, lack of governmental control due to decentralization, difficulty enforcing laws, volatility, lack of skills with regulators and difficulty integrating cryptocurrencies into the current financial system are the main obstacles to the introduction of a regulatory framework. Thus, on a broader conceptual level, the findings can be grouped into opportunism, lack of strategic capability and fragmented global laws.

Research limitations/implications

This study could inform global cryptocurrency regulation discussions, sharing a developing country’s views on balancing the government, central banks, the financial sector and public interests. This could guide countries to consider cryptocurrency adoption in similar situations. This could affect the cryptocurrency market, impacting demand, supply and investor trust in Pakistan.

Practical implications

The study has implications for policy making officials. The research aims to offer valuable insights to the SBP and other regulatory authorities, helping them identify potential risks and create an effective regulatory framework for cryptocurrencies.

Social implications

The study has implications for society in knowing about the volatile nature of cryptos and anonymity of their issuers, which poses regulatory constraints. This then implies its harmfullness to its traders and the huge losses that may arise from their trading due to its volatile nature.

Originality/value

This study contributes to the literature on the constraints, responsibilities and consultation framework of cryptocurrency regulations.

Details

Qualitative Research in Financial Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1755-4179

Keywords

Content available
Article
Publication date: 30 May 2018

Yvon Pesqueux

341

Abstract

Details

Society and Business Review, vol. 13 no. 2
Type: Research Article
ISSN: 1746-5680

Article
Publication date: 6 July 2020

Santosh B. Rane, Prathamesh Ramkrishana Potdar and Suraj Rane

The purpose of this study is to investigate the best fleet for a new purchase based on multi-objective optimization on the basis of ratio (MOORA), reference point and multi-MOORA…

Abstract

Purpose

The purpose of this study is to investigate the best fleet for a new purchase based on multi-objective optimization on the basis of ratio (MOORA), reference point and multi-MOORA methods. This study further identifies critical parameters for fleet performance monitoring and exploring optimum range of critical parameters using Monte Carlo simulation. At the end of this study, fleet maintenance management and operations have been discussed in the perspectives of risk management.

Design/methodology/approach

Fleet categories and fleet performance monitoring parameters have been identified using the literature survey and Delphi method. Further, real-time data has been analyzed using MOORA, reference point and multi-MOORA methods. Taguchi and full factorial design of experiment (DOE) are used to investigate critical parameters for fleet performance monitoring.

Findings

Fleet performance monitoring is done based on fuel consumption (FC), CO2 emission (CE), coolant temperature (CT), fleet rating, revenue generation (RG), fleet utilization, total weight and ambient temperature. MOORA, reference point and multi-MOORA methods suggested the common best alternative for a particular category of the fleet (compact, hatchback and sedan). FC and RG are the critical parameters for monitoring the fleet performance.

Research limitations/implications

The geographical aspects have not been considered for this study.

Practical implications

A pilot run of 300 fleets shows saving of Rs. 2,611,013/- (US$36,264.065), which comprises total maintenance cost [Rs. 1,749,033/- (US$24,292.125)] and FC cost [Rs. 861,980/- (US$11,971.94)] annually.

Social implications

Reduction in CE (4.83%) creates a positive impact on human health. The reduction in the breakdown maintenance of fleet improves the reliability of fleet services.

Originality/value

This study investigates the most useful parameters for fleet management are FC, CE, CT. Taguchi DOE and full factorial DOE have identified FC and RG as a most critical parameters for fleet health/performance monitoring.

Details

Journal of Modelling in Management, vol. 16 no. 1
Type: Research Article
ISSN: 1746-5664

Keywords

Article
Publication date: 29 November 2018

Muhammad Anwar, Atiq Ur Rehman and Syed Zulfiqar Ali Shah

The purpose of this paper is to investigate the effect of different types of networking, namely, business networking, financial networking and political networking, on the…

1416

Abstract

Purpose

The purpose of this paper is to investigate the effect of different types of networking, namely, business networking, financial networking and political networking, on the performance of new ventures and the extent to which competitive advantage influences the process.

Design/methodology/approach

Data were collected through a structured questionnaire using sample size of 319 newly established ventures in Pakistan – an emerging economy. The hypotheses were tested with structural equation modeling by using AMOS 21.

Findings

Results of the study indicate that business networking, financial networking and political networking significantly and positively contribute to new ventures performance and competitive advantage. Results also show that competitive advantage is a strong mediator between financial networking and new venture performance, as well as between business networking and new venture performance, respectively. However, in case of relationship between political networking and new venture performance, competitive advantage plays only a partial mediating role.

Practical implications

The study suggests that the owners and managers of new ventures should devote considerable efforts to developing all the three types of networks; in particular these networks are important for newly established ventures operating in emerging markets to access resources and to enhance performance.

Originality/value

Extensive review of available literature indicates that this is the first paper to assess the impact of networking on new ventures’ performance with a mediating role of competitive advantage. This study contributes to the existing literature through empirical evidence.

Details

International Journal of Emerging Markets, vol. 13 no. 5
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 12 August 2020

Sayed Muhammad Fawad Sharif, Yang Naiding, Yan Xu and Atiq ur Rehman

Organizational networking has been acclaimed as a useful tool for knowledge transfer. However, the demerit associated with knowledge transfer is the leakage of commercially…

1137

Abstract

Purpose

Organizational networking has been acclaimed as a useful tool for knowledge transfer. However, the demerit associated with knowledge transfer is the leakage of commercially valuable information/knowledge. The purpose of this paper is to empirically establish a useful framework for helping collaborative projects reduce potential knowledge leakages.

Design/methodology/approach

The study applies a hybrid methodology to collect data. Postulates are tested through SPSS 23 and Process Macro 3.0 model 7.

Findings

The study finds that knowledge leakage is negatively influenced by contract completeness. Contract completeness has a positive effect on trust and a negative effect on distrust. Partner’s learning intent moderates the relationship of contract completeness with trust and distrust. Trust and distrust negatively mediate the relationship between contract completeness and knowledge leakage.

Research limitations/implications

The study contributes to the theories of information processing and knowledge management by empirically stating how contract completeness, an organizational structure, supports knowledge management under the influence of partner’s opportunism. The study sees positivism in distrust and explains how practitioners maintain an observatory eye on partner’s opportunism by virtue of distrust ultimately adding value to the distrust literature.

Originality/value

The conceptual framework is novel because this is the first attempt to investigate the moderation effect of partner’s opportunism on the relationship of contract completeness and relational factors; and the mediation effects of trust and distrust between contract completeness and knowledge leakage.

Details

Journal of Knowledge Management, vol. 24 no. 9
Type: Research Article
ISSN: 1367-3270

Keywords

Article
Publication date: 13 November 2017

Ali Mohamed Ali Aboshia, Riza Atiq Rahmat, Muhammad Fauzi Mohd Zain and Amiruddin Ismail

The purpose of this paper is to develop an alternative new ternary geopolymer mortar (MKSP) to resolve a traditional mortar problem which exhibits several disadvantages, including…

Abstract

Purpose

The purpose of this paper is to develop an alternative new ternary geopolymer mortar (MKSP) to resolve a traditional mortar problem which exhibits several disadvantages, including poor strengths and surface microcracks and the CO2 air pollution.

Design/methodology/approach

The MKSP ternary binder was produced using metakaolin (MK), slag (S), and palm oil fuel ash (POFA) activated with an alkaline mixture of sodium silicate (Na2SiO3) and 10 M NaOH in a mass ratio of 2.5. Seven different mix proportions of MK, slag, and POFA were used to fabricate MKSP mortars. The water-to-binder ratio was varied between 0.4 and 0.5. The mortars were heat cured for 2 h at 80°C and then aged in air. Flexural stress and strain, mortars flow and compressive strength were tested. Furthermore, the mortars were characterized using X-ray diffraction (XRD), Fourier transform infrared spectroscopy (FTIR), and scanning electron microscopy (SEM) analyses.

Findings

The results showed that the sample MKSP6, which contained 40 percent MK, 40 percent slag, and 20 percent POFA, exhibited high compressive strength (52 MPa) without any cracks and flexural strength (6.9 MPa) at 28 days after being cured for 2 h at 80°C; however, the MKSP7 mortar with optimal strength of 55 MPa showed some surface cracks . Further, the results of the XRD, SEM, and FTIR analyses indicated that the MKSP mortars primarily consisted of a crystalline (Si+Al) phase (70 percent) and a smaller amorphous (Si+Ca) phase (30 percent).

Research limitations/implications

The MKSP ternary geopolymer mix has three limitations as an importance of heat curing for development early strength, POFA content less than 20 percent to gain high normal strength and delaying the sitting time by controlling the slag content or the alkali activator type.

Practical implications

The use of geopolymer materials binder in a real building is limited and it still under research, Thus, the first model of real applied geopolymer cement in 2008 was the E-Crete model that formed by Zeobond company Australia to take the technology of geopolymer concrete to reality. Zeobond Pty Ltd was founded by Professor Jannie S.J. van (van Deventer et al., 2013), it was used to product precast concrete for the building structure. The second model was PYRAMENT model in 2002 by American cement manufacturer Lone Star Industries which was produced from the development carried out on inorganic alumino-silicate polymers called geopolymer (Palomo et al., 1999). In 2013 the third model was Queensland’s University GCI building with three suspended floors made from structural geopolymer concrete containing slag/fly ash-based geopolymer (Pathak, 2016). In Australia, 2014, the newly completed Brisbane West Wellcamp airport becomes the greenest airport in the world. Cement-free geopolymer concrete was used to save more than 6,600 tons of carbon emissions in the construction of the airport. Therefore, the next century will see cement companies developing alternative binders that are more environmentally friendly from a sustainable development point of view.

Originality/value

Production of new geopolymer binder of mortar as alternative to traditional cement binder with high early and normal strength from low cost waste materials, less potential of cracking, less energy consumption need and low carbon dioxide emission.

Details

International Journal of Building Pathology and Adaptation, vol. 35 no. 5
Type: Research Article
ISSN: 2398-4708

Keywords

Article
Publication date: 10 January 2018

Muhammad Kashif, Atiq Ur Rehman and Nicholas Grigoriou

The role of managers is crucial to achieve holistic organizational goals to benefit the key stakeholders. However, a Western perspective is dominant as management literature where…

Abstract

Purpose

The role of managers is crucial to achieve holistic organizational goals to benefit the key stakeholders. However, a Western perspective is dominant as management literature where the work of Anglo-Arab philosophers is largely ignored. This paper aims to fill this knowledge gap and promulgate the writings of Ibn Khaldun (a fourteenth-century Muslim philosopher) to advance management knowledge.

Design/methodology/approach

This paper is primarily based on the review of Ibn Khaldun’s book Muqaddimah.

Findings

This study provides valuable insights to the leaders as well as management practitioners by offering some useful directions to the management researchers for further research. The analysis revealed five themes: Fikr (mindfulness), Ta’awun (cooperation), Ta’akhi (brotherhood), ethical leadership and Adal (justice).

Originality/value

This paper is an original contribution to the extant literature available on organization development and scant literature available on imparting employee welfare agenda in contemporary organization from the perspective of a Muslim philosopher Ibn Khaldun.

Details

Society and Business Review, vol. 13 no. 2
Type: Research Article
ISSN: 1746-5680

Keywords

Article
Publication date: 31 March 2021

Sayed Muhammad Fawad Sharif, Naiding Yang, Atiq ur Rehman, Fouzia Kanwal and Fangmei WangDu

Collaborative projects are useful tools for learning and innovation. However, there is an associated cost – knowledge leakage, which is theoretically linked to challenging…

Abstract

Purpose

Collaborative projects are useful tools for learning and innovation. However, there is an associated cost – knowledge leakage, which is theoretically linked to challenging organizational competitiveness. The purpose of this study is to examine whether knowledge-oriented human resource (HR) management practices can protect organizations from the adverse effect of knowledge leakage while investigating the moderating role of knowledge-oriented HR management practices.

Design/methodology/approach

This study uses mixed methods involving collection of qualitative data through 13 qualitative interviews and quantitative data through 398 survey questionnaires. SPSS 23 and Process Macro 3.1 have been applied to test the hypotheses.

Findings

The study finds that knowledge leakage adversely affects organizational competitiveness, whereas the effect of knowledge-oriented HR management practices on organizational competitiveness is positive. Further, knowledge-oriented HR practices negatively and significantly moderate the relationship between knowledge leakage and organizational competitiveness. As the strength of the moderator increases, the effect of knowledge leakage tends to diminish. Besides, demographic factors (age of the firm and industry type) do not influence the organizational competitiveness.

Research limitations/implications

This study has several theoretical contributions; first, it contributes to knowledge-based view by empirically establishing the adverse effect of knowledge leakage on organizational competitiveness. Second, knowledge-oriented HR management practices increase organizational competitiveness, which is contribution to HR management literature. Lastly, knowledge-oriented HR management practices protect organizational competitiveness from the adversaries of knowledge leakage, which is contribution to strategic management literature.

Practical implications

Practitioners must invest in knowledge-oriented HR management practices such as human-to-human knowledge transfer among the workers. It will increase firm-level knowledge base that will positively contribute to organizational competitiveness. In addition, such practices can evade the hostile effect of knowledge leakage.

Originality/value

The conceptual model is novel as this is the first study to establish (1) the empirical relationship of knowledge-oriented HR management practices and organizational competitiveness and (2) the moderating effect of knowledge-oriented HR management practices between knowledge leakage and organizational competitiveness.

Details

Management Decision, vol. 59 no. 10
Type: Research Article
ISSN: 0025-1747

Keywords

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