Towards eradicating poverty in Malaysia: leveraging on MyMosqueNet2Cloud collaborative system

Poverty alleviation is amongst the central goals of the Malaysian Government which they want to achieve with the aid of policies and programs such as the new economic policy and national economic plan. Despite this effort, 40% of household in the country hitherto struggle with a monthly take-home less than RM2, 300. Consequently, an effective strategy should be adopted to reduce the disparity of economic status between ethnics as well as rural and urban area in the country. In a bid to augment the Government effort, this paper proposes a conceptual collaborative IT system anchored on (a) Quadruple Helix Model (QHM), where a country's economic structure lies on four actors namely: government, industry, academia and citizen; (b) “Whole-of-Government” (WoG) approach which demand for a collaborative and co-operative arrangement of open consultation, open data, shared knowledge, consolidation of shared services and enhanced horizontal application across government agencies; and (c) citizen-centric Network-of-Mosques (NoM) – all geared towards achieving a higher quality of life for poor families in Malaysia. This System will expand the reach of the eKasih database which is proposed to be value-added by the Department of Islamic Development Malaysia (JAKIM) by capturing detailed information of the poor through NoM. The expected outcome is an enhanced quality of life for poor families in the country

MyMosqueNet2Cloud collaborative system: a network of mosques towards eradicating poverty in Malaysia

This paper proposes a conceptual collaborative system based on the deployment of the (a) Quadruple Helix Model (QHM), where a country's economic structure lies on four actors namely: academia, industry, government, and citizen, and the economic growth are generated by the clustering and concentration of talented and productive actors; (b) “Whole of-Government” (WoG) implementation that demands for a collaborative and co-operative arrangement of open consultation, open data, shared knowledge and expertise, consolidation of shared services and enhanced horizontal application across government agencies; and (c) citizen-centric Network-of-Mosques (NoM) – and focusing on achieving a higher quality of life and sustainable prosperity for all poor families in Malaysia. The proposed system, called MyMosqueNet2Cloud Collaborative System, will be accomplished through leveraging the advances in cloud computing and mobile applications. The System will expand the use of the eKasih database, managed by the Department of Social Welfare (DSW), and it can be used and updated by all other relevant government agencies. This proposed collaborative inter-organizational system is to enable a consolidated approach for government agencies, NGOs,the private sector and individuals in building up a single and trusted national database based on the poor families in Malaysia. This database, proposed to be co-owned and managed by government agencies such as DSW and Department of Islamic Development Malaysia (JAKIM) through NoM, can be used and updated by all other authorized organizations and individuals in making a consolidated contribution in nurturing and developing the poor families. Thus, this System shall eliminate unnecessary silos in efforts as well as duplication in data. The expected outcome of the System will be an enhanced quality of life for the poor families through the execution of government-led programs such as eKasih and 1Azam, with close collaboration with other QHM actors

Big data technology in shari’ah compliance risk management (SCRM): a view of information technology in Islamic finance risk management

The global Islamic finance sector is booming and is likely to sustain a stable growth. With many Islamic Finance products introduced over the years, the demand in studying risk pertaining to Islamic finance product is becoming a major concern. The main reason to manage risk is to attain the organizations’ objectives on financial stability. In Islamic finance the risk is much further than just financial itself because we have to look into activities related to the Islamic Finance existence. These activities related to Islamic Finance must abide by the Shari’ah law. Thus, the Shari’ah non-compliance is a unique risk for Islamic finance which needs a special risk management apart from typical risk management of conventional finance. From Information Technology point of view this problem can be addressed by implementing Big Data technology in risk management systems. This will enable financial bodies to identify the breach of Shari’ah law in the Islamic Finance activities. Big Data technology have the ability to perform analysis of vast amounts of information that can be converted into decision making and priority of impact level in risk event. Adopting Big Data technology in risk management, opens a new door to Financial Risk Management techniques with primarily focuses on Islamic finance

MyMosqueNet2Cloud Collaborative System: A network of mosques towards eradicating poverty in Malaysia

This paper proposes a conceptual collaborative system based on the deployment of the (a) Quadruple Helix Model (QHM), where a country's economic structure lies on four actors namely: academia, industry, government, and citizen, and the economic growth are generated by the clustering and concentration of talented and productive actors; (b) “Whole-of-Government” (WoG) implementation that demands for a collaborative and co-operative arrangement of open consultation, open data, shared knowledge and expertise, consolidation of shared services and enhanced horizontal application across government agencies; and (c) citizen-centric Network-of-Mosques (NoM) – and focusing on achieving a higher quality of life and sustainable prosperity for all poor families in Malaysia. The proposed system, called MyMosqueNet2Cloud Collaborative System, will be accomplished through leveraging the advances in cloud computing and mobile applications. The System will expand the use of the eKasih database, managed by the Department of Social Welfare (DSW), and it can be used and updated by all other relevant government agencies. This proposed collaborative inter-organizational system is to enable a consolidated approach for government agencies, NGOs, the private sector and individuals in building up a single and trusted national database based on the poor families in Malaysia. This database, proposed to be co-owned and managed by government agencies such as DSW and Department of Islamic Development Malaysia (JAKIM) through NoM, can be used and updated by all other authorized organizations and individuals in making a consolidated contribution in nurturing and developing the poor families. Thus, this System shall eliminate unnecessary silos in efforts as well as duplication in data. The expected outcome of the System will be an enhanced quality of life for the poor families through the execution of government-led programs such as eKasih and 1Azam, with close collaboration with other QHM actors