University of Dubai's Dubai Business School (DBS): E-Journals
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Islamic endowment (Waqf) in India: Towards poverty reduction of Muslims in the country
Full text linkThis paper aims to examine the potential role of Waqf (Islamic endowment or philanthropic institution) in poverty alleviation and socio-economic development of the Indian Muslim community. The paper attempts to critically analyze the structure, mechanism and legal framework of Waqf management in India followed by pinpointing the existing lacuna and insufficiency of the Waqf governance model and practices in the country. The paper finds that the institution of Waqf possesses a mammoth amount of financial and infrastructural resources in India, and the role of this institution can be critically important in reducing the poverty of, particularly, the Muslim community. Muslims in India are trapped in the incidence of poverty more than other communities except for Buddhists. In aggregate terms, one in every three Muslims lives below the poverty line in India. Proper utilization of Waqf institution can be critical in reducing the poverty of the Muslim community in the country. The paper is based on a qualitative research paradigm and it adopts a socio-legal research methodology for the analysis of the available literature. The paper concludes with some critical policy recommendations for enhancing the role of Waqf in reducing the poverty rate among Muslims in the country
Reproductive rights and health issues under Islamic law: Towards enhancing medical law in the 21st century
Full text linkReproductive rights and health are intertwined issues concerning women’s rights. Most of the legal regimes around the globe recognize their existence either explicitly or implicitly. Islamic law being one of the major legal regimes in the world has provided conditionally for the right to decide when and how to have children as well as the right to have access to health care services during prenatal and postnatal periods. Issues like managing infertility, controlling fertility, prenatal screening and genetic counselling are recognized as the most important aspects of reproductive rights and health in recent times, while their legal and ethical basis remain controversial phenomena within the realm of Islamic jurisprudence. However in this respect, medical personnel remain the key players in the realization and implementation of these issues. Hence they are required to act in accordance with extant laws in carrying out their duties; they should exhibit a high sense of respect for human life and provide a good standard of practice and care. This could be viable only when matters of this nature are streamlined and diligently observed from different perspectives. In view of this therefore the article, using doctrinal methodology, examined the issues associated with reproductive right and health under Islamic law with a view to exploring avenues on how they could be streamlined and effectively utilized to enhance the effectiveness of medical law in the contemporary society. In the end, the paper revealed the relevance of Islamic law to the prospects of medical law in the 21st century. Thus, it recommends for the application of Islamic law alongside conventional medical laws, especially within modern Muslim states. 
Improving ICT and renewable energy for environmental sustainability in sub-Saharan Africa
Full text linkThe study investigates the role of information and communication technology (ICT) and renewable energy on environmental sustainability in sub-Saharan Africa. The system generalized method of moments (GMM) was employed to estimate data of 45 sub-Saharan countries that cover the 2008 -2016 period. Result reveals that increasing ICT penetration and renewable energy use reduce CO2 emissions and improves environmental sustainability. Economic growth and population growth also mitigate CO2 emissions while education and trade openness have a neutral impact. These findings imply that increasing penetration of ICT facilities and renewable energy in the region will promote inclusive environmental sustainability. The interactive estimation of ICT variables was further considered to determine net effects and the ICT threshold that is relevant for policy implication
Moderating effects of organizational commitment on job satisfaction and turnover intention
Full text linkThis study was conducted in Bannu, Karak, Lakki Marwat, and D.I. Khan Districts of Khyber Pakhtunkhwa (KP) Province of Pakistan to investigate the relationship between job satisfaction and turnover intention. The study is based on data collected from Wateen and Multinet Telecom companies. Two staged-sampling technique was used in this study. A total of 140 employees were selected from both companies using equal allocation and stratified random sampling techniques. A structured questionnaire with a five-point Likert scale was used to collect information from respondents. Regression analysis was used to find out the relationship between job satisfaction and turnover intention. The results of the regression model indicated that job satisfaction decreases the chances of turnover. The results also confirmed that organizational commitment plays a key mediating role in improving job satisfaction and reducing turnover intentions. The study recommends that organizations should make efforts to promote job satisfaction to enhance organizational commitment and reduce turnover
The effect of tourists’ technology adoption propensity on the acceptance of smart tourism apps
Full text linkSTA are becoming popular as tourists’ increasing relies on mobile devices in their trip to explore the destination. Therefore, the adoption of STA is crucial to the development of smart tourism. Extant literature mainly focuses on the application of different technology acceptance models. This study explores the impact of tourists’ attitude about technology on their intention to use STA. The technology adoption propensity (TAP) scale was used to measure the technology readiness of tourists in this study. A survey with a structured questionnaire was used to collect data in this study. The respondents were asked to study the introduction of a STA similar to those displayed on an App store and then complete the questionnaire. A total of 355 valid questionnaires were collected. The data were analyzed using the Partial least-squares method (PLS). Since TAP is a multi-dimensional scale, a second-order analysis was performed. From the TAP measures, tourists generally believe that technology changes and improve their daily lives, making their lives easier. However, technology is a double-edged sword, which will bring some adverse effects while improving the tourist's living standard. The result of the path analysis reveals that all the hypotheses proposed in this study are valid. The TAP of tourists has a positive influence on usage intention with trust and curiosity as two partial mediating variables. TAP has a stronger influence on the tourists' curiosity than trust, and curiosity has a stronger effect on tourists’ intentions to use STA than trust. Tourists with higher TAP will plead to increased curiosity about STA, that will prompt them to try, understand, and continue using the STA. The higher the tourists’ trust in the STA, the more willing they would choose and use STA
Household expenditure patterns in Kuwait
Full text linkHousehold expenditure is the second prominent component of GDP for Kuwait, consisting of 43% GDP, and it has been moderately growing for the past decade. It is essential to understand the nature of household expenditure, a fundamental macroeconomic driver with immense significance for policymaking. This paper utilises the latest Kuwait Household Expenditure Survey data to study household expenditure patterns in Kuwait. It examines and compares the variation of household expenditure patterns for nationals (Kuwaitis) and expatriate households over nine different major commodity groups. The paper investigates the patterns of household expenditure and the response of their characteristics on the level of expenditure by employing Heckman two-step estimation method. The results suggest that different factors affect the probability of consuming a commodity and the level of expenditure between the two household groups. Kuwaiti’s expenditure is more responsive to food, housing, communication and recreation commodities and less responsive to clothing, health, transportation and restaurants than expatriates. In general, there is a significant variation of expenditure patterns across all commodities between the two household groups
Bounded rationality effect on firm’s choices on R&D investments: A model for decision-making effectiveness analysis
Full text linkHow effective is the taken R&D investment decision, considering the effect of bounded rationality? Guided by this question, it is explored the decision-making process at the group level within the firm. A mathematical model for determining the effectiveness of decision-making based on the group’s experience is proposed. By considering subjective and objective factors, the Decision-making Effectiveness Index – Dei, model was created. To prove theoretical hypotheses and testing the model, a randomly generated dataset was built consisting of 4,000 individuals that were grouped representing 500 hypothetical firms. After performing the simulation, both hypotheses were confirmed, and the model was validated. The main theoretical findings evidenced that the project’s success will depend on decision-makers' cognitive capacity. As a contribution for practitioners, this research highlighted the importance of considering group experience in a self-analysis effectiveness index. Procedures are proposed for comparing the firm effectiveness index with competitors for improving firm decision-making performance
The role of individual relationship marketing factors in influencing customer retention among microfinance institutions in Kenya
Full text linkOrganizations seeking a competitive advantage are increasingly embracing relationship marketing programs to manage customer relationships more efficiently. However, despite the deployment of such relationship management programs, customer retention continues to be the greatest challenge facing many organizations. This paper argues that relationship marketing factors - trust, commitment, strong bonds, communication, shared values and keeping promises - each plays a unique role in influencing customer retention, however, the nature of the influence of these individual factors on customer retention moreover in a developing market context has not been empirically investigated much. Relying on social exchange theory and relational market behavior theory, this study sought to determine the relationship between these relational factors and customer retention. Data were collected among 492 customers of Kenya's microfinance sector, using a structured self-administered questionnaire. The association between individual relationship marketing factors and customer retention was tested through simple linear regression analysis. Results showed that among the six relational factors, communication and shared values were the most significant. The study makes a theoretical contribution to the relationship marketing knowledge base by providing empirical evidence on the role of individual relationship marketing factors in predicting customer retention. Marketing practitioners should develop relationship management programs that promote communication effectiveness and shared values
Exploring the role of Biradari in career growth: Evidence from public sector organizations of Islamabad
Full text linkBiradari (Brotherhood) is one of the most important principles of Pakistani culture. The Biradari (Brotherhood) ties are considered very strong among south Asian communities, especially in Pakistan. It is an important cultural element of Punjabi cultural setup, considered as the strong binder in making group alliances and performs a significant role in daily life. The major objective of this research is to study the crucial role of Biradari relations in organizations and how does it affect the career growth of an individual. Academic researchers have highlighted different indicators and factors which contribute to career growth. Social networks, sifarish, and favoritism are deeply embedded dimensions of Pakistani culture. This research significantly contributes to the literature by giving the holistic view of Biradari and the importance of Biradari based networks in job selection and promotion. The research is conducted in the public sector organization of Islamabad (PIMS). The qualitative research methodology was used for this study and data was collected from fifteen (15) employees through in-depth interviews. The results of the study reveal that Biradari significantly influences the career growth of individual and it is considered as strong support for individual career growth. The results have further highlighted that in today's competitive environment individuals cannot able to achieve a successful career without using his/her networks
Does monetary policy in advanced economies have differentiated effects on portfolio flows to emerging economies?
Full text linkThis work analyzes whether the monetary policy in advanced economies (the US, the euro area, and the UK) had differentiated effects on portfolio flows from these countries toward EMEs. The results show the following: First, US monetary policy had a bigger impact on bond and equity investment to EMEs than the euro area or UK monetary policy. Second, investors' response to US monetary policy was mostly homogeneous. Among EMEs regions, foreign portfolio investment to Emerging Europe and Latin America was more volatile that than to Emerging Asia, probably because other factors such as investors' preference (in the case of bond flows) or expectations of firms' profits (in the case of equity flows) could play an important role in investors' decisions. These results could be useful for policymakers from EMEs as a benchmark to anticipate differentiated effects in portfolio flows caused by advanced economies' monetary policy