Akad Penerbitan Sukuk di Pasar Modal Indonesia dalam Perspektif Fikih

This article discusses the concepts of contract in the perspective of Fiqh (Islamic Jurisprudence) and its implementation in Sharia Capital Market, particularly in the issuance of Corporate Sukuk and State Sukuk (SBSN). The purpose of the study is to understand the concept of akad (contract) in Islamic perspective an its implementation in sukuk issuance, mainly related to the transfer of ownership from the sukuk issuer to the investor. This study reveals that the current practice of issuance of corporate sukuk in Indonesia is only based on two models of contracts, namely Ijârah and Mudhârabah contracts. In addition, the contract structure are also varied, depending on the type of the issuer business, the purpose of funding, and the choice of contract. In the future, the issuance of corporate sukuk should have a uniformed, standardized structure, while it still comply with syariah regulation

Sustainable Urban Drainage System (SUDS) – Malaysian Experiences.

Sustainable Urban Drainage Systems (SUDS) have been used widely in USA, Europe, Japan and Australia to name a few developed countries

The Novel Digital Image Correlation Technique in Predicting Behaviour and Failure of Hybrid Composite

This paper presents a technique in measuring deformation occurs on in-plane hybrid composite CFRP/GFRP. The challenging task of extracting mechanical properties of the hybrid composite is assisted with the use of Digital Image Correlation (DIC) technique. DIC is an innovative technique which able to capture full field deformation of tensile deformation. The complex deformation captured for hybrid composite in-plane tensile deformation and behavior using Digital Image Correlation (DIC) under static loading is a new area of study in literature. Generally, hybrid composite consists of more than one reinforcing sections or multiple reinforcing or multiple matrix sections or single reinforcing phase with multiple matrix phases. As a result of a compromise between the materials within the hybrid composite, the deformation and stress analysis are to be evaluated and tailored as each constituent of material carry their own desired mechanical properties according to a performance requirement. It is found in relation of stress-strain relationship of hybrid composite under tensile loading via DIC, the modulus of elasticity is found to record value around 92-97GPa which in theoretical benchmark located in between value of Modulus of Elasticity, E1 for CFRP(120GPa) and GFRP(42GPa) which proves the occurrence of the hybrid effect. It is a new research area in utilizing digital image correlation (DIC) technique on hybrid composite rather than conventional composite in material characterization

Towards Sustainable Municipal Solid Waste Management in Malaysia

This work is part of the SYNERGORS project (“A Systems Approach to Synergistic Utilisation of Secondary Organic Streams”) funded by the UKRI Natural Environment Research Council (NE/R012938/1) through the UKRI/NERC Industrial Innovation Fellowship Programme (2018-2021). This project was led by Dr Kok Siew Ng at University of Oxford. Website: https://eng.ox.ac.uk/synergorsProject summary report: https://eng.ox.ac.uk/media/10670/synergors-final-report.pdfEXECUTIVE SUMMARY: The increasing amount of municipal solid waste (MSW) generation and the lack of strategic improvements on solid waste management in Malaysia require urgently the attention of the government and the public.It has been estimated that 1.17 kg/capita/day of MSW is generated in Malaysia, 65% of which is household solid waste that has doubled over the past 20 years due to population growth and urbanisation. Without a sufficient waste treatment and recycling infrastructure in place, most of the MSW is destined to continue to be landfilled. Not only it can cause pollution and health hazards, MSW is also one of the major sources of global methane emissions accounting for 11%. As methane is the second largest contributor of global greenhouse gas emissions after carbon dioxide, it is critical that Malaysia develops systemic sound solid waste management as part of its climate actions guided by the Paris agreement. Also, by treating waste as resource, the recent shift in the government strategy to move towards the circular economy should be aligned with SDG 12 targets (Responsible Consumption and Production). Although the quantity of recyclable waste collected tripled between 2018 and 2021, the officially reported recycling rate of 31.5% in 2021 remains questionable as the recycling infrastructure in Malaysia is not yet well established. This points to the significant efforts Malaysia needs to make to move towards a sustainable waste management regime, and to achieve its ambition for reaching a recycling target of 40% by 2025. Malaysia started implementing a plan for moving towards sustainable waste management in the early 1990s. However, the recycling programmes were not well received by the public at that time, and it was only in 2001, that policy goals for sustainable waste management have been included in the regulatory landscape through the 8th Malaysia Plan (2001-2005). In 2005, the National Strategic Plan for Solid Waste Management was developed to guide solid waste policy planning and resource allocation. Two years after, the Solid Waste and Public Cleansing Management Act 2007 (Act 672) was created that came into enforcement in September 2011 in six out of the thirteen states (Perlis, Kedah, Pahang, Negeri Sembilan, Melaka, Johor) and two out of the three federal territories (i.e. Kuala Lumpur and Putrajaya). This partial adoption of the Act has created inconsistency in waste management and planning as well as incomplete waste data gathering. This,has led to ineffective waste management practices, that, in turn, resulted in long-term environmental, economic and social consequences. Even though sustainable waste management goals continue to be included in the recent 12th Malaysia Plan (2021-2025), the lack of public awareness on the importance of source separation of waste and recycling prevents progress in this field. The infrastructure for waste collection and treatment is also insufficient to serve the needs. All these factors have created significant barriers for Malaysia to realise sustainable waste management.UK Natural Environment Research Council (NE/R012938/1

Gasification of empty fruit bunch for hydrogen rich fuel gas production

A study on gasification of Empty Fruit Bunch (EFB), a waste of the palm oil industry is investigated. The composition and particle size distribution of feedstock are determined and the thermal degradation behaviour is analysed by a thermogravimetric analysis (TGA). Then 300 g h-1 fluidized bed bench scale gasification unit is used to investigate the effect of the operating parameters on biomass gasification namely reactor temperature in the range of 700-1000°C and feedstock particle size in the range of 0.3-1.0 mm. The main gas species generated, as identified by a Gas Chromatography (GC), are H2, CO, CO2 and CH4. With temperature increasing from 700 to 1000°C, the total gas yield is enhanced greatly and has reached the maximum value (~ 92 wt. %, on the raw biomass sample basis) at 1000°C with big portions of H2 (38.02 vol.%) and CO (36.36 vol.%). Feedstock particle size shows some influence on the H2, CO and CH4 yields. The feedstock particle size of 0.3 to 0.5 mm, is found to generate a higher H2 yield (33.12 vol.%) and higher LHV of gas product (17.19 MJ m-3)

An Identification of Multiple Harmonic Sources in a Distribution System by Using Spectrogram

The identification of multiple harmonic sources (MHS) is vital to identify the root causes and the mitigation technique for a harmonic disturbance. This paper introduces an identification technique of MHS in a power distribution system by using a time-frequency distribution (TFD) analysis known as a spectrogram. The spectrogram has advantages in term of its accuracy, a less complex algorithm, and use of low memory size compared to previous methods such as probabilistic and harmonic power flow direction. The identification of MHS is based on the significant relationship of spectral impedances, which are the fundamental impedance (Z1) and harmonic impedance (Zh) that estimate the time-frequency representation (TFR). To verify the performance of the proposed method, an IEEE test feeder with several different harmonic producing loads is simulated. It is shown that the suggested method is excellent with 100% correct identification of MHS. The method is accurate, fast and cost-efficient in the identification of MHS in power distribution arrangement

Harmonic Contribution Analysis of Electric Arc Furnace by Using Spectrogram

In this paper, spectrogram, a fast and accurate technique is introduced for the analysis of the contribution. Based on a rule-based classifier and the threshold settings that referred to the IEEE Standard 1159 2009, the analysis of the harmonic and interharmonic contribution of EAF are carried out successfully. Moreover, the impact of contribution is measured using total harmonic distortion (THD) and total non-harmonic distortion (TnHD). In addition, spectrogram also gives 100 percent correct detection and able to analyze the contribution impact. It is proven that the proposed method is accurate, fast and cost efficient for analyzing the impact of harmonic and interharmonic of EAF

A Diagnostic Analytics of Harmonic Source Signature Recognition by Using Periodogram

This paper presents a diagnostic analytics of harmonic source signature recognition of rectifier and inverter-based load in the distribution system with single-point measurement at the point of common coupling by utilizing Periodogram. Signature recognition pattern is used to distinguish the harmonic sources accurately by obtaining the distribution of harmonic and interharmonic components and the harmonic contribution changes.  This is achieved by using the significant signature recognition of harmonic producing load obtained from analysing the harmonic contribution changes. Based on voltage and current signature analysis, the distribution of harmonic components can be divided into three zones. To distinguish between the harmonic producing loads, the harmonic components are observed at these zones to get the signature recognition pattern. The result demonstrate that periodogram technique accurately diagnose and distinguish the type of harmonic sources in the distribution system