scholarly journals Islamic Capital Market for Social Development: Innovating Waqf Mobile Sukuk in Sub-Saharan Africa

2021 ◽  
Vol 8 (2) ◽  
pp. 141-154
Author(s):  
Samsad Jahan ◽  
Aishath Muneeza ◽  
Siti Hajar Baharuddin
Keyword(s):  
Social Development ◽  
Capital Market ◽  
Distribution Channels ◽  
Sub Saharan Africa ◽  
Mobile Platforms ◽  
Indonesian Government ◽  
Sub Saharan

The use of sukuk in social development is an under-researched area, especially in the context of Sub-Saharan Africa. Although the Kenyan government has issued the world’s first mobile bond and the Indonesian government has used mobile platforms as a distribution channels for the issuances of retail sukuk, little is known about mobile sukuk and its potential from the perspective Islamic social finance. This paper aims to explore the opportunities and challenges of mobile sukuk for social development, namely perpetual waqf mobile sukuk, where the concept of waqf is combined with qard. It is anticipated that the proposed type of sukuk has the potential to be used as an Islamic social finance instrument.

scholarly journals Chaos Engineering (Principles of Chaos Engineering) As the Pathway to Excellence and Relevance in Engineering Education in Africa

2020 ◽  
Vol 10 (1) ◽  
pp. 146-151
Keyword(s):  
Steady State ◽  
Social Development ◽  
Engineering Education ◽  
Distributed System ◽  
Basic Principle ◽  
Real World ◽  
Global South ◽  
Sub Saharan Africa ◽  
Sub Saharan ◽  
Education In Africa

A study on engineering in sub-Saharan Africa revealed that engineering is pivotal for economic and social development of any country. This is profound as it underscores the potentials embedded in engineering education for excellence and relevance in Africa. This has not been the case in Africa, as the region has not developed evenly with other countries from the Global South. Hence, the impetus for chaos engineering as a panacea to excellence and relevance in engineering education in Africa. Chaos engineering has been defined by various authors and one of the profound definitions is that chaos engineering is the discipline of experimenting on a distributed system with the intent to build confidence in the system`s capability to withstand turbulent conditions during production. This study therefore looked at chaos engineering, its history and applicability and conceptualize it as a pathway for excellence and relevance in engineering education in Africa. Findings from the that engineering is pivotal for economic and social development of any country but it has not resulted to such in Africa which necessitates chaos principles. It was found out that experimentation is a basic principle of chaos engineering while the advanced principles are hypothesizing about steady state, vary real-world events, run experiments in production, automate experiments to run continuously, minimize blast radius. These all were conceptualized as the pathway to excellence and relevance in engineering education in Africa. The study recommended that there is a need to intensify effort on researching more into chaos engineering in Africa.

scholarly journals Redefining Engineering Education in Africa through Delivering Total Engineering

2020 ◽  
Vol 10 (1) ◽  
pp. 140-145
Keyword(s):  
Social Development ◽  
Engineering Education ◽  
Theoretical Basis ◽  
Three Dimensions ◽  
Sub Saharan Africa ◽  
Learning And Teaching ◽  
Educational Perspective ◽  
Sub Saharan ◽  
The Relationship ◽  
Education In Africa

Engineering education in sub-Saharan Africa has the potential to contribute to economic and social development of any country. But it has not been leveraged on appropriately to culminate in economic and social development in the countries in Africa. This implies that for Africa as a region to leverage fully on the potentials of engineering education to ensure economic and social development, it must be redefined through delivering total engineering. This study was a theoretical discourse on redefining engineering education in Africa through delivering total engineering and evidences from established literature were used in giving more credence to the work. Delivering Total engineering is a composite of three words which are delivering, total and engineering. This study conceptualized what delivering total engineering and it was defined as an educational perspective which showcases the relationship between learning and teaching which is crucial to innovation in the delivery of capable, competent and confident graduate which are the outcomes. Findings revealed that the three dimensions (delivering, total, engineering) are crucial in redefining engineering education in Africa and they were analyzed in support of this study. The study therefore recommends intensification of effort on research on delivering total engineering as it has no theoretical basis. Pragmatism is also important to verify the veracity of the concept.

scholarly journals The REDCap Mobile Application: a data collection platform for research in regions or situations with internet scarcity

JAMIA Open ◽  
2021 ◽  
Vol 4 (3) ◽  
Author(s):  
Paul A Harris ◽  
Giovanni Delacqua ◽  
Robert Taylor ◽  
Scott Pearson ◽  
Michelle Fernandez ◽  
...  
Keyword(s):  
Mobile Application ◽  
Study Data ◽  
Lessons Learned ◽  
Data Capture ◽  
Sub Saharan Africa ◽  
Global Network ◽  
Direct Access ◽  
Mobile Platforms ◽  
Development Framework ◽  
Sub Saharan

Abstract Objectives To share our approach for designing, developing, and deploying the Research Electronic Data Capture (REDCap) Mobile Application, details about its dissemination and support through the REDCap Consortium, and a set of lessons learned and guidance recommendations for others developing mobile platforms to support research in regions or situations with internet scarcity. Materials and Methods We defined minimum viable product requirements centered around Android and iOS platform availability, data capture specifications and project initiation workflow, study data synchronization, and data security. After launch, we added features based on feedback from end-users and REDCap administrators. We prioritized new features based on expected impact, difficulty, and anticipated long-term cost for sustainability. Results We chose Apache Cordova, a combined iOS and Android development framework, based on targeted end-user technology expectations, available programmer resources, and the need to provide solutions for resource-limited settings. The REDCap Mobile Application was launched in 2015, has been enabled at over 800 REDCap Consortium partner organizations, and has supported diverse scientific studies around the world. Discussion Apache Cordova enabled early software releases for both iOS and Android, but required ongoing optimization efforts to improve software responsiveness. Developing a robust and efficient mobile device synchronization architecture was difficult without direct access to global network infrastructures for testing. Research teams in sub-Saharan Africa helped our development team understand and simulate real-world scenarios of intermittent internet connectivity. Conclusion Guidance recommendations based on designing, developing, deploying, and disseminating the REDCap Mobile Application may help other teams looking to develop clinical research informatics applications.

Social development in sub-Saharan Africa

2000 ◽  
Vol 43 (4) ◽  
pp. 453-465 ◽  
Author(s):  
Ndangwa Noyoo
Keyword(s):  
South Africa ◽  
Social Development ◽  
Social Workers ◽  
Sub Saharan Africa ◽  
African Countries ◽  
Development Goals ◽  
Sub Saharan

This article examines some of the factors that might have engendered and/or impeded efforts aimed at enhancing social development in sub-Saharan African countries. It suggests how social workers could play meaningful roles in realizing social development goals in these contexts, as well as in South Africa.

scholarly journals Impact of Exchange Rate Threshold Level on Stock Market Performance-Evidence from Ghana

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
David Mensah Awadzie
Keyword(s):  
Exchange Rate ◽  
Capital Market ◽  
Market Performance ◽  
Threshold Level ◽  
Sub Saharan Africa ◽  
Series Data ◽  
The Exchange Rate ◽  
Sub Saharan ◽  
Rate Threshold ◽  
The Capital Market

Exchange rate plays a vital role in an economy and the purpose of this study is to investigate the impact of exchange rate threshold level on the capital market performance. The study employed a Threshold Autoregressive model introduced by Tong (1978) and Hansen (1996). The study used secondary quarter-time series data for thirty-years from 1990 to 2019. The capital market performance was measured by the value of shares traded; market turnover; market capitalization and all-shares index. However, the results revealed the following estimated threshold level of exchange rate for each performance indicator: 7.94%; 25.33%; 25.33% and 7.80% respectively. In all, the threshold level of the exchange rate estimated was 8 and 25 per cent. The findings suggest that low exchange rate is performance-enhancing. In addition, the exchange rate above the threshold level is detrimental to the capital market performance. The findings of this investigation might be helpful to the government of Ghana and policymakers as they settle on an exchange rate target to adopt to avoid the detrimental effects of high exchange rate while obtaining the growth benefits of the low exchange rate. It has indicated that the exchange rate impacts the economy more than inflation in the Sub Saharan Africa but, not much works in the subject area in Sub Saharan Africa. Therefore, I recommend that more threshold studies have to be carried out on the exchange rate in the other sectors of the economy to ascertain its impact on the economy.

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