Investment-Linked Takaful Plan Patronage: Evidence From Malaysia

Investment-linked Takaful is a recent innovation introduced in Malaysia. This study focuses on Investment-linked takaful plan selection in Malaysia. We have used a self-administered questionnaire to collect data from 143 respondents from the Klang Valley area. Data collected through the survey was analyzed through descriptive statistics, correlation and regression analysis. Results indicate that fee payment and benefits play a significant role in Takaful operator selection while coverage and benefits affect the investment-linked product selection in Malaysia. This study is unique as it provides empirical evidence on the investment-linked takaful investment which is limited in supply. Results provided by this study can be useful for takaful operators in designing the most appropriate investment-linked product for attracting customers

Does socio-Demographic Variables Matter in Explaining Issues and Challenges in Islamic Microfinance? Evidence from Malaysia

Purpose - In line with the wide acceptance of the microfinance industry globally, Islamic microfinance has also evolved rapidly in the past years to cater for the demand for Shariah-compliant microfinancing schemes. Despite this, the industry is facing various issues and challenges from both the clients and microfinance institutions. This study aims to identify the issues and challenges faced by different demographic background of microentrepreneurs receiving Islamic microfinancing from Amanah Ikhtiar Malaysia (AIM). Methodology- It adopts the quantitative research methodology where primary data is collected using survey questionnaires administered on 393 women entrepreneurs who are currently clients of AIM’s Islamic microfinance scheme located in Selangor. The descriptive and cross-tabulation analyses are applied in efforts to understand the influence of socio-demographic factors (age, education level, duration with AIM, and times of receiving financing) on the following issues: cost of repayment, financing period, amount of financing, distance to AIM center, group lending mechanism, discipline among members, problematic group members, and consultation services. Findings - The study finds that clients with different socio-demographic factors perceived the issues differently, suggesting an influential role of clients’ demographic factors on the microfinance intervention. Practical implications - These findings have important implications to the microfinance industry in terms of further improving their products that are tailor-made to the socio-demographic characteristics of their clients. Originality – This research taken views of AIM’s microfinance recipients which were woman entrepreneurs in Selangor directly through a survey. Results of the research would be useful to AIM to enhance their products and services in future.     Keywords: Islamic microfinance, socio-demography, Islamic finance, Amanah Ikhtiar Malaysi

Energy and rice quality aspects during drying of freshly harvested paddy with industrial inclined bed dryer

The performance evaluation of any industrial dryer regarding energy consumption and product quality should be assessed to check its present status and to suggest for further efficient operation. An investigation was carried out to evaluate the impact of drying temperature and air flow on energy consumption and quality of rice during paddy drying with industrial inclined bed dryer (IBD) with average holding capacity of 15 ton in the selected complexes of Padiberas Nasional Berhad (BERNAS)-the national paddy custodian of Malaysia. In reducing paddy moisture content (mc) from 22% to 23% wet basis (wb) down to around 12.5% wb, the final mc, the specific electrical (in terms of primary energy) and the specific thermal energy consumption were found to be varied between 1.44 to 1.95 MJ/kg water evaporated and 2.77 to 3.47 MJ/kg water evaporated, respectively. Analysis revealed that the specific electrical energy consumption was around 20% lesser and the specific thermal energy consumption of IBDs was around 10% higher during drying with air temperature of 41–42 °C than drying with 38–39 °C in reducing paddy mc from 22% to 23% (wb) down to around 12.5% (wb). However, paddy being with almost same initial mc dried using drying temperature of 38–39 °C, IBDs yielded 1–4% higher head rice yield while milling recovery and whiteness were comparable at acceptable milling degree and transparency. The bed air flows between 0.27 and 0.29 m3 m−2 s−1 resulted in higher head rice yield slightly while its effect on drying time was not prominent so much. For paddy with initial moisture content below 23% wb, it is recommended that drying air temperature should not be higher than 39 °C in order to maintain rice quality at reasonable energy consumption

Pengukuran kepuasan pelancong terhadap kualiti perkhidmatan di destinasi pelancongan Pulau Kapas: pendekatan faktor analisis

Artikel ini disasarkan kepada kajian yang bertujuan untuk mengukur kepuasan pelancong terhadap kualiti perkhidmatan termasuk alam sekitar yang ditawarkan oleh Taman Laut Pulau Kapas (TLPK). Sejumlah 46 pembolehubah perkhidmatan dan alam sekitar yang berkaitan telah dinilai dengan menggunakan kaedah analisis faktor dengan model Service Quality (SERQUAL). Hasil daripada analisis faktor yang dilakukan terhadap pembolehubah tersebut menghasilkan lima bentuk perkhidmatan yang akan dinilai dari segi kepuasan pelancong iaitu: i) imej destinasi, ii) perkhidmatan sokongan dan keselamatan, iii) kebersihan dan keseluruhan lawatan, iv) kepelbagaian produk pelancongan dan v) infrastruktur. Dapatan ini disokong oleh nilai Cronbach alfa yang tinggi iaitu bernilai lebih daripada 0.80. Dari segi kepuasan terhadap perkhidmatan yang ditawarkan didapati kepuasan sebenar pelancong adalah lebih rendah dengan nilai min antara 3.93-4.44 berbanding kepuasan yang mencatat min antara 4.43-4.87. Namun, nilai ini adalah melebihi min toleransi yang boleh diterima oleh pelancong

An Evaluation Framework For Resort Operators In Eco-Tourism Industry In Malaysia: Towards A Synthesis.

There is increasing competition in eco-tourism destination and Malaysia has the opportunity to benefit from this industry. Little is known about tourists' needs and expectations to the eco tourism destinations albeit the overwhelming attention given. Therefore, this issue is subjected for further scrutiny. In the same vein, organizational culture has been regarded as one of the biggest challenges in the management in service industries

In vitro antiproliferative and antioxidant activities of the extracts of Muntingia calabura leaves.

The in vitro antiproliferative and antioxidant activities of the aqueous, chloroform and methanol extracts of Muntingia calabura leaves were determined in the present study. Assessed using the 3,(4,5-dimethylthiazol-2-yl)-2,5-diphenyltetrazolium bromide) (MTT) assay, the aqueous and methanol extracts of M. calabura inhibited the proliferation of MCF-7, HeLa, HT-29, HL-60 and K-562 cancer cells while the chloroform extract only inhibited the proliferation of MCF-7, HeLa, HL-60 and K-562 cancer cells. Interestingly, all extracts of M. calabura, which failed to inhibit the MDA-MB-231 cells proliferation, did not inhibit the proliferation of 3T3 (normal) cells, indicating its safety. All extracts (20, 100 and 500 μg/ml) were found to possess antioxidant activity when tested using the DPPH radical scavenging and superoxide scavenging assays with the methanol, followed by the aqueous and chloroform, extract exhibiting the highest antioxidant activity in both assays. The total phenolic content for the aqueous, methanol and chloroform extracts were 2970.4 ± 6.6, 1279.9 ± 6.1 and 2978.1 ± 4.3 mg/100 g gallic acid, respectively. In conclusion, the M. calabura leaves possess potential antiproliferative and antioxidant activities that could be attributed to its high content of phenolic compounds, and thus, needs to be further explored

Gamma ray and neutron radiation effects on the electrical and structural properties of n-ZnO/p-CuGaO2 schottky diode

This research focuses on the radiation tolerance of ZnO and CuGaO2 based semiconductor application for space borne application. In this research, n-ZnO/p-CuGaO2 based semiconductor devices were fabricated and exposed to gamma rays with increasing total ionizing dose (TID) and neutron fluence at different flux. Based on the I-V properties, the decrease in the turn-on voltage of the diode is noticeable with increasing radiation dose for both gamma and neutron flux exposure. The maximum turn-on-voltage of the fabricated diode was shown to be 1.5 V. Exposure towards gamma, shows that the turn-on is increased to 4.7 V at 200 kGy. However, the effect of neutron flux at 6.5 × 1015 n cm−2 shows a small significant effect on the turn on voltage of 1.7 V after irradiation. Results show moderate mitigation towards irradiation, indicating that n-ZnO/p-CuGaO2 thin film is capable of withstanding harsh radiation environment while still retaining its semiconductor as the changes in band gap ranges between 3 eV to 4 eV at post-irradiation