7 research outputs found
The bindingness of mazhab in Islamic banking contracts in Malaysia
An issue of differing views among scholars from various mazhab on any unresolved fiqh issue poses confusion in the public. It also happens in dealing with Islamic banking contracts. There is a need for the final word that determines the right view of mazhab, especially for the law institutions which aimed at providing solutions to problems. Researchers have conducted an analysis on legal materials regulating Islamic banking institutions in Malaysia to see how this problem is addressed. This study has two objectives, namely: to study the position of reference to mazhab under Malaysia legislations governing Islamic banking in Malaysia and to study the
application of reference to mazhab in Shariah Resolution of Shariah Advisory Council (SAC) of Bank Negara Malaysia (BNM) pertaining to Islamic Banking contract. The researcher found general provision in legislation regulating Islamic
banking institutions in Malaysia on the prevailing practices of mazhab. The power to interpret the Islamic law lies with the Shariah Advisory Council. The researcher also conducted an analysis on Shariah Resolutions, founded that Shariah Advisory
Council in determining the necessity of a contract has followed the fundamental basis of the proposal Usul al-Fiqh by referring to the Holy Quran and Sunnah, ijmak, and then referring to the view of the scholar of the mazhab. The Shariah Advisory Council has opennes by examining all the views of the four mazhab muktabar. It is found that there is no tendency to prioritize any mazhab as opposed to other mazhab because there is no difference in the views between scholars of mazhab in banking contracts analyzed by the author. In conclusion, the law regulating Islamic banking is general and can be challenged by in court. However, the ultimate authority are given to the Shariah Advisory Council to control this problem from becoming more critical
Impact of Regulated Short Sale: Study on Malaysia Stocks’ Liquidity and Volatility
AbstractShort sale has been mostly associated with decrease in the equity market's volatility, and increase in the equity market's liquidity, this paper examines the volatility and the liquidity of the 55 stocks that are eligible for regulated short sale (RSS) before and after the reintroduction of RSS. First, this study utilizes both the non-parametric Wilcoxon Signed Rank test, and the GARCH (1,1) model in order to analyze the impact of the reintroduction of RSS on the 55 stocks’ volatility. Second, this study also utilizes the non-parametric Wilcoxon Signed Rank test and the bid-ask spread to determine whether the reintroduction of RSS has any significant impact on the 55 stocks liquidity. The results show that the volatility and the liquidity of the 55 stocks significantly increase after the reintroduction of RSS. In addition, through the GARCH (1,1) model, it was found that the market is more efficient after the reintroduction of RSS due to increase in the impact of recent news and decrease in the impact old news on the 55 stocks’ volatility
Comparative analysis on flow over cylinder between commercial code and open source algorithm
Interleukin-28 Polymorphism: Ethnic variations and the response to chronic hepatitis C treatment in Malaysia
We refer to the article by Merican, which provides a
comprehensive overview of chronic hepatitis C (CHC)
management. The author highlighted the concern over the
exorbitant cost of direct-acting antivirals, which is the reason for their limited use in Malaysia currently. Based on the findings of the previous studies, the author also underlined that Asians receiving the conventional, interferon-based treatment generally have a higher sustained virological response (SVR) rate as compared with Caucasians and African Americans, mainly due to the interleukin-28B (IL28) single nucleotide polymorphism (SNP) across different ethnic populations. Nonetheless, to date, information on the variations in IL-28 genotypes among different ethnic groups in Malaysia is still limited
Converting The Strata Building to LADM
A country profile based on LADM has been conceptualised in the last few years as part of joint research efforts between the Department of Survey and Mapping Malaysia (JUPEM) and Universiti Teknologi Malaysia (UTM). The LADM conceptual model covers various aspects of spatial data components available in the mapping agency (JUPEM), including data from Land Office e.g. land registration. The Malaysian LADM country profile covers various classes of spatial unit including strata objects classes such as MY_Building, MY_ParcelUnit, MY_AccessoryUnit, MY_CommonPropertyUnit, MY_LimitedCommonPropertyUnit and MY_LandParcel. This paper discusses one experiment of converting the available building strata schema into LADM model, specifically MY_SpatialUnit for 2D and 3D. The existing building strata schema was developed based on XML syntax. The entire workflow of the experiment will be demonstrated where conversion of file with strata XML data collected from the field into the database with LADM data model, and then 3D visualization. We also plan to investigate the potentials of implementing topological connections in the conversion. It is anticipated that the developed conversion and integration modules could serve as an initial research towards a bigger scope of work for nearfuture LADM compliance model for the mapping agency and other stakeholders. ConvertingOLD Department of GIS Technolog
A bibliometric analysis of the global trend of using alginate, gelatine, and hydroxyapatite for bone tissue regeneration applications
Collecting information from previous investigations and expressing it in a scientometrics
study can be a priceless guide to getting a complete overview of a specific research area. The aim of
this study is to explore the interrelated connection between alginate, gelatine, and hydroxyapatite
within the scope of bone tissue and scaffold. A review of traditional literature with data mining
procedures using bibliometric analyses was considered to identify the evolution of the selected re�search area between 2009 and 2019. Bibliometric methods and knowledge visualization technologies
were implemented to investigate diverse publications based on the following indicators: year of
publication, document type, language, country, institution, author, journal, keyword, and number
of citations. An analysis using a bibliometric study found that 7446 papers were located with the
keywords “bone tissue” and “scaffold”, and 1767 (alginate), 185 (gelatine), 5658 (hydroxyapatite)
papers with those specific sub keywords. The number of publications that relate to “tissue engineer�ing” and bone more than doubled between 2009 (1352) and 2019 (2839). China, the United States
and India are the most productive countries, while Sichuan University and the Chinese Academy
of Science from China are the most important institutions related to bone tissue scaffold. Materials
Science and Engineering C is the most productive journal, followed by the Journal of Biomedical
Materials Research Part A. This paper is a starting point, providing the first bibliometric analysis
study of bone tissue and scaffold considering alginate, gelatine and hydroxyapatite. A bibliometric
analysis would greatly assist in giving a scientific insight to support desired future research work, not
only associated with bone tissue engineering applications. It is expected that the analysis of alginate,
gelatine and hydroxyapatite in terms of 3D bioprinting, clinical outcomes, scaffold architecture, and
the regenerative medicine approach will enhance the research into bone tissue engineering in the
near future. Continued studies into these research fields are highly recommended
Computerized Simulation using Finite Element Method (FEM) for Guardrail Crashes
The rigid structure of the existing w-beam guardrail design leads to numerous death and injuries. Recently, a new prototype was produced by considering the best design while innovating an additional element to the existing w-shape guardrail to create a safer and more practical device. Yet, the behavior of the prototype when subjected to explicit impaction force with proper environment setting was not properly investigated experimentally. By using Ansys Ls-Dyna software, finite element analysis was conducted by subjecting a higher impaction velocity with proper environment setting on both models: (1) the existing w-beam model, and (2) prototype model. The validity of the produced finite element model was ensured by comparing the maximum impaction force of the existing experimental literature. The model deformation in terms of element displacement and scale of force received by both models was observed. The observation showed that the additional element on the prototype reduced the deformation rate onto the beam span under the impaction force of 26.933 kN
