Revitalising Waqf (endowment) lands for agribusiness: potentials of the anchor company models

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Norfaridah Ali Azizan ◽  
Amirul Afif Muhamat ◽  
Sharifah Faigah Syed Alwi ◽  
Husniyati Ali ◽  
Amalia Qistina Casteneda Abdullah
Keyword(s):  
Household Income ◽  
Design Methodology ◽  
Potential Role ◽  
Islamic Law ◽  
Living Condition ◽  
Previous Literature ◽  
Content Type ◽  
Muslim Countries ◽  
The Right

PurposeWaqf (endowment) lands constitute as among the highest types of waqf (endowment) properties in Malaysia; yet it is still unable to reach its maximum potential due to various challenges such as capital, location, legal and administrative issues. Therefore, this study intends to explore these issues by focussing on the two states in Malaysia (Selangor and Perak) that have fertile lands but different management authorities.Design/methodology/approachThere were series of interviews that had been conducted with ten (10) key informants who are experts and practitioners in the areas of Shariah (Islamic law), farming, agribusiness, land management and waqf.FindingsFindings exhibit that constraints and challenges that had been highlighted in the previous literature still exist (although some improvements had been made), but there is emerging theme that the study intends to highlight which is on the needs to secure market for the agribusiness produce and the potential role of anchor company in the agribusiness. It is pertinent that for agribusiness to thrive, selecting the right anchor company that has the capacity to address the challenges is necessary. This study posits two anchor company models (Waqf Trustee-Anchor Company and Waqf Trustee-Anchor Company-Community Farmers) that can be applied for agribusiness on the waqf lands.Research limitations/implicationsThis study is based on the Malaysia's context influenced by specific country's features. Nevertheless, such findings can still be used as reference or benchmark by other endowment trustees in other countries especially for the Muslim countries as well as the non-Muslim countries that have significant Muslim populations.Social implicationsThe suggested models have potentials to improve the living condition of the B40 (below 40% household income) in Malaysia because the models encourage their participation in the agribusiness activities.Originality/valueThis study focusses on the agribusiness, which is rarely being given attention in previous literature in the context of endowment lands. Therefore, this article bridges the literature gap and at the same time attempts to provide suggestion to address the pertinent issue – the underutilised endowment lands.

scholarly journals The concept and application of ḍamān al-milkiyyah (ownership risk)

2017 ◽  
Vol 9 (2) ◽  
pp. 148-163 ◽  
Author(s):  
Lutfi Abdul Razak ◽  
Muhammad Nabil Saupi
Keyword(s):  
Design Methodology ◽  
Islamic Law ◽  
Content Type ◽  
Practical Applications ◽  
For Profit ◽  
Descriptive Research ◽  
Financial Products ◽  
Financial Transactions ◽  
Practical Implications

Purpose The purpose of this paper is to elucidate the concept of ḍamān al-milkiyyah (ownership risk) and to assess its application in contemporary Islamic financial products and services. Design/methodology/approach The methodology adopted is that of descriptive research. Findings From an Islamic law of contract perspective, the concept of ḍamān al-milkiyyah is central to legitimate profit-making transactions and hence must be adhered to in practical applications of Islamic finance. Research limitations/implications This study should help motivate further investigation into the position of ḍamān al-milkiyyah among different parties in existing Islamic financial products and services. Practical implications Policymakers and regulators should ensure that Islamic financial products and services are structured in a way that does not allow parties to profit without adequately bearing the liability for potential loss. Social implications The condition of ḍamān al-milkiyyah as a source of legitimate profit reflects the idea that the role of finance in Islam is to promote and ensure social benefits. Originality/value This paper emphasizes the importance of ḍamān al-milkiyyah as a fundamental condition for profit in Islamic financial transactions.

scholarly journals Concerned protesters: from compassion to retaliation

2017 ◽  
Vol 51 (5/6) ◽  
pp. 983-1010 ◽  
Author(s):  
Paolo Antonetti ◽  
Stan Maklan
Keyword(s):  
Design Methodology ◽  
Potential Role ◽  
Unique Role ◽  
Content Type ◽  
Corporate Behavior ◽  
Stakeholder Relationships ◽  
Present Information ◽  
Key Drivers ◽  
Practical Implications

Purpose The purpose of the study is to outline the unique role of compassion in reactions to cases of irresponsible corporate behavior that present information about victims of these events. In this study, four antecedents of compassion for the victims of irresponsibility are presented, and a model that explains the consequences of this emotion is tested empirically. Design/methodology/approach Two studies test the research hypotheses using a mix of experimental and survey research. The effects are tested both in laboratory conditions, where consumers assess a fictitious case of corporate irresponsibility, and through a test of reactions to real online campaigns. Findings Compassion is one of the drivers of consumers’ anger at the culprit, playing an indirect role in decisions to retaliate against perpetrators. Four key drivers of compassion are identified in the research: the perceived suffering of the victims, the perceived similarity of the victims to the observer, victims’ derogation and the vividness of the description of the victims. Practical implications The study offers insights both for campaigners wishing to instigate boycotts and organizations managing complex stakeholder relationships following a crisis. Insights on the role of compassion and its antecedents lead to more effective communications able to heighten or dampen this emotion. Originality/value Existing research offers contrasting views on the potential role of compassion in reactions to injustices. This study presents a novel account that clarifies previous findings and extends our knowledge of causes and consequences of compassion.

The role of detective experience on homicide clearances

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sean E. Goodison
Keyword(s):  
Design Methodology ◽  
Inverse Relationship ◽  
Potential Role ◽  
Explanatory Power ◽  
Analytical Models ◽  
Content Type ◽  
Case Files ◽  
Case Closure ◽  
Case Characteristics

PurposeThe study aims to examine the effect of detective experience on the likelihood of clearing a homicide, while controlling for additional extralegal and case/investigative characteristics.Design/methodology/approachThis study uses homicide and policing data collected from case files in a mid-sized US city. Detective experience is measured in multiple ways. Analytical models include extralegal variables, case characteristics, and proxies of investigative quality as controls. The study uses logistic regression with a dichotomous clearance outcome.FindingsThe results suggest a robust and significant inverse relationship between the years spent as a homicide detective and the likelihood of case closure. However, years of experience with the department overall has a significant and positive relationship to clearance. Investigation-related variables and case characteristics contribute more to model explanatory power than extralegal factors.Originality/valueThe potential role of experience has not been fully explored, with contradictory findings over time. This work builds on previous research to highlight the potential role of experience in clearing cases, while questioning previous assumptions tied to the belief that more experience improves investigative outcomes.

Inducing organizational resilience through collective mindfulness: A path towards an uninterrupted metamorphosis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
V. Shela ◽  
T. Ramayah ◽  
Noor Hazlina Ahmad
Keyword(s):  
Design Methodology ◽  
Potential Role ◽  
Success Factor ◽  
Organizational Resilience ◽  
Business World ◽  
Content Type ◽  
Collective Mindfulness ◽  
The Waves ◽  
Key Success Factor

Purpose This paper aims to highlight the potential role of collective mindfulness as a key success factor for organizational resilience. It also outlines the processes and essential contexts that support the cultivation of collective mindfulness capability in organizations. Design/methodology/approach A review of the relevant articles and current development in the area of organizational resilience and collective mindfulness provided an in-depth understanding and valuable insights into how collective mindfulness can be utilized to engender organizational resilience in the challenging business world. Findings This paper provides a brief overview over the crucial role of collective mindfulness capability in augmenting organizational resilience. Additionally, the processes of collective mindfulness and the essential contexts for developing and sustaining this capability is also unveiled. Originality/value The paper offers practical solutions for the anxiety faced by many organizations around the globe due to the relentless disruptions by highlighting on the potential role of collective mindfulness. It reveals the way that organizations can undertake to wade through the waves imposed by the current volatile environment by leveraging on collective mindfulness capability.

scholarly journals Land registration and landownership security

2017 ◽  
Vol 35 (1) ◽  
pp. 24-47 ◽  
Author(s):  
Raymond Talinbe Abdulai ◽  
Edward Ochieng
Keyword(s):  
Design Methodology ◽  
Developing World ◽  
Review Paper ◽  
Common Knowledge ◽  
Content Type ◽  
Land Registration ◽  
International Donor ◽  
The Right ◽  
Practical Implications

Purpose The assertion that land registration guarantees landownership security is common knowledge. Thus, efforts at securing landownership in particularly, the developing world have concentrated on the formulation and implementation of land registration policies. However, over the years, whilst some studies claim that land registration assures security, a lot of other studies have established that security cannot be guaranteed by land registration. Also, there is evidence from research that has shown that land registration can be a source of ownership insecurity in some cases. The purpose of this paper is to critically analyse the underpinning principles of land registration and their application in order to establish whether or not land registration can actually guarantee ownership security. Design/methodology/approach It is a literature review paper that looks at the existing literature on landownership, security and land registration systems. The land registration principles that have been subjected to critical analysis are the publicity function of land registration, the legality of ownership emanating from land registration and the warranty provided by the State in land registration, specifically, under the Torrens system. Findings An analysis of the underpinning principles of land registration shows that land registration per se cannot guarantee ownership security and this helps to explain the findings of the numerous studies, which have established that landownership security cannot be assured by land registration. The paper concludes by identifying the right role of land registration as well as a mechanism that can effectively protect or secure landownership. Practical implications Land registration policies and programmes in the developing world are often funded by the international donor community and the findings provide useful insights regarding the actual role of land registration and for policy change in terms of what can secure landownership. Originality/value Even though there are two schools of thought regarding research on the link between land registration on one hand, and landownership security on the other, none of the studies has made an attempt to consider the nexus by critically examining the principles that underpin land registration to support their arguments.

Towards an effective operations strategy process

2018 ◽  
Vol 34 (6) ◽  
pp. 16-18
Keyword(s):  
Cultural Context ◽  
Design Methodology ◽  
Potential Role ◽  
Cultural Dimensions ◽  
Operations Strategy ◽  
Content Type ◽  
Strategy Process ◽  
Pertinent Information ◽  
Practical Implications

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings National cultural dimensions can have a significant impact on the effectiveness of an organization’s operations strategy (OS). Firms must therefore consider the potential role of such as individualism v collectivism, power distance, time orientation and uncertainty avoidance when developing the OS process and adjust it according to the cultural context. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Blockchain technology: uninvestigated issues emerging from an integrated view within accounting and auditing practices

2021 ◽  
Vol 34 (2) ◽  
pp. 462-476
Author(s):  
Marco Maffei ◽  
Raffaela Casciello ◽  
Fiorenza Meucci
Keyword(s):  
Artificial Intelligence ◽  
Operating System ◽  
Design Methodology ◽  
Previous Literature ◽  
Critical Perspective ◽  
Content Type ◽  
Technological Revolution ◽  
Blockchain Technology ◽  
And Diffusion

PurposeThe aim of this paper is to explore the effects of adopting and implementing blockchain technology (BT) in accounting and auditing practices in terms of benefits and threats, thus discovering new and upcoming risks and issues.Design/methodology/approachThis paper adopts a critical perspective to investigate how the implementation of BT could affect accounting and auditing practices, providing a reflection on the role of accountants and auditors during such a technological revolution.FindingsThis paper highlights the importance of the unreplaceable professional conscience and experience of accountants and auditors compared to the impersonal and standardised operating system of artificial intelligence provided by BT. The development and diffusion of BT are leading professionals to acquaint themselves with new accounting and auditing systems, such as reinventing old practices and finding new ways of taking advantage of blockchain instead of being overwhelmed.Originality/valueDifferent from the majority of previous literature contributions, this study looks beyond the potential and undeniable benefits that BT can offer to accounting and auditing environments by focussing especially on the threats and risks caused by its implementation.

Apple was sweeter when Steve Jobs held sway

2014 ◽  
Vol 22 (4) ◽  
pp. 25-28
Author(s):  
Maniam Kaliannan ◽  
Vanitha Ponnusamy
Keyword(s):  
Organizational Change ◽  
Design Methodology ◽  
Business Environment ◽  
Content Type ◽  
Steve Jobs ◽  
Apple Products ◽  
The Right ◽  
Two Sides ◽  
Practical Implications

Purpose – This paper observes that Apple illustrates the right and wrong ways to bring about organizational change, and emphasizes the key role of personalities in the process. Design/methodology/approach – Compares and contrasts the performance of Apple under the leadership of Steve Jobs and John Sculley. Findings – Advances the view that Steve Jobs was more successful because he focused on innovation, while John Sculley paid more attention to current products and profitability. Practical implications – Describes how the Steve Jobs era saw the introduction of such iconic Apple products as the iPod, iPhone and iPad, which helped the company to gain pre-eminence in its field. Social implications – Argues that, in today’s globalized business environment, organizational change is a must. Demonstrates how to achieve this successfully. Originality/value – Describes two sides of the Apple story and draws the lessons for other businesses involved in organizational change.

Finding “good enough” metrics for the UK’s research excellence framework

2015 ◽  
Vol 39 (2) ◽  
pp. 265-269 ◽  
Author(s):  
David Stuart
Keyword(s):  
Design Methodology ◽  
Potential Role ◽  
Research Assessment ◽  
Policy Makers ◽  
Content Type ◽  
Research Excellence Framework ◽  
Alternative Vision ◽  
Research Excellence ◽  
Practical Implications

Purpose – The purpose of this paper is to encourage discussion about the potential role of metrics in research assessment. Design/methodology/approach – The paper considers the results of the UK’s 2014 Research Excellence Framework, and the potential of metrics to reduce the size of future exercises. Findings – The paper suggests that a battery of non-robust metrics selected by the higher education institutions could support a greatly reduced peer-reviewed exercise. Practical implications – Policy makers should reconsider the role of metrics in research assessment. Originality/value – The paper provides an alternative vision of the role of metrics in research assessment, and will be of interest to policy makers, bibliometricians, and anyone interested in HEI research assessment.

The power of karma yoga in human development

2014 ◽  
Vol 13 (3) ◽  
pp. 242-249
Author(s):  
Shelley Brown
Keyword(s):  
Common Good ◽  
Design Methodology ◽  
Content Type ◽  
Human Endeavor ◽  
Self Development ◽  
Prophetic Vision ◽  
One Step ◽  
The Common ◽  
The Right

Purpose – The purpose of this paper is to focus on Swami Vivekananda’s teachings on higher self-development through karma yoga – spiritualizing contemporary life in today’s fast-paced world – and on evolving a more humane civilization through the service of enlightened citizens. Design/methodology/approach – Stressing the essential role of self-development in human progress, Swami Vivekananda taught Vedanta to East and West as a practical dynamic philosophy. Findings – With his prophetic vision, he adapted ancient wisdom for modern living in his concept of karma yoga. Extending the idea of “holy” to the whole of human endeavor, whether exploring truths in the world or discovering the light of the soul within, Vivekananda deemed every struggle sacred when pursued with sincere, selfless intent. Originality/value – Each action taken in the right spirit, Vivekananda taught, can manifest our innate divinity and bring us one step closer to our sublime nature, which acts in the common good.

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