Growth Prospects and Customer Expectations in Islamic Banking

Islamic Banking has gained enormous popularity in Pakistan in a short span of time and still has a huge potential to grow in the market. Many Conventional Banks having Islamic Banking windows and a few full-fledged Islamic banks are striving hard to remain alive in the stiff competition for market share, resulting in more banking choices for the customers. Still there is lot to be achieved and the whole banking system has to get rid of the curse in the form of Riba, which has strongly been denounced and prohibited in the Holy Quran. Islamic Banks at the moment hold merely 9.4% of the whole banking Market which is far below than desired. In this study, an attempt will be made to analyze the growth trends in the Islamic banking and its implications for the society and the economy in particular. Customers’ perceptions & expectations and certain myths regarding Islamic banking will also be captured during the study. This will not only help us in understanding the potential and opportunities available in the industry but also give an idea that what the customers want and expect from Islamic banking. Moreover, the study will also add to the latest pool of knowledge on the subject. There seems a dearth of updated quality research on the matter and this will serve as an important reference and latest work on Islamic Banking in Pakistan

Framing of Armed Conflicts between the Two Nuclear States of South Asia

The current study investigates the framing process through the lens of the causal responsibility and the subject matter adopted by Pakistani print news media during the armed conflicts after the Pulwama assault in February 2019. With the help of the census approach, 282 opinions and editorials were collected from a population of 1,321 published items from six English newspapers. The findings show that Pakistani print media outlets extensively used the individual causal responsibility frame, while the social responsibility frame was used less in numbers. The content analysis reveals that the subject matter of awareness was extensively used in media content during the Pulwama assault and its aftermath. The observations are examined from the perspective of journalistic preferences in selecting specific frames during the framing of regional and global armed conflicts

Interpersonal Dynamics in Pharmaceutical Marketing: Understanding the Influence on Doctor Prescription Patterns in Developing Countries

By integrating insights from Theory of interpersonal Behavior, this study underscores the significance of interpersonal factors in shaping physician prescribing behavior within the pharmaceutical marketing landscape. The aim of this study was to find out the effect of promotional tools, personal selling and direct marketing among physicians. A cross-sectional study, based on 5 point likert scale, sample size was 550. Unit analysis was physicians. Numerous tests have been performed to determine the impact of promotional tools on physician prescribing decisions. The study found that the effect of direct marketing, promotional tools on physician’s habit persistence are significant. Further, direct marketing and physician’s habit persistence are significant. Mediating effect of physician’s habit persistence between direct marketing and physician’s prescription behavior is significant and mediating effect of physician’s habit persistence between promotional tools and physician’s prescription behavior is significant

Role of green innovation and sustainable supply chain management in firm internationalization

Purpose: Purpose of this study is to explore the nature of relationship between internationalization of firms, sustainability of their supply chains, and the extent of their green innovations. Understanding of the relationship between these constructs is important because of the ever increasing sustainability awareness of consumers in the leading economies of the world. This awareness is now compelling importers of goods from cheap-labor countries to ensure that their suppliers comply with sustainability regulations. This compliance becomes very challenging because of the lack of control on second-tier and third-tier suppliers in a supply chain. First-tier suppliers in this case may drive this effort but need to be motivated enough to do so. In case of environmental sustainability, green innovation (GI) may provide a gradual, and thus more affordable and practical, move toward more eco-friendly ways. As far as the motivation to commit to sustainability and GI is concerned, internationalization and export business expansion may act as one of the most effective motivators for these suppliers. However, the nature of relationship between these three constructs, i.e. internationalization of firms, sustainability of their supply chains and the extent of their GI requires a better understanding. Design/methodology/approach: The work uses a novel data set collected from 146 medium and large textile firms operating in Pakistan. The partial least square-structural equation modeling approach is used for data analysis. Findings: All three constructs of internationalization, GI and sustainable supply chain management (SSCM) are significantly associated and thus complement each other. Originality/value: This work uses a novel agency theory perspective to analyze the relationship between internationalization, GI and SSCM. In that sense, the findings indicate that internationalization could be one of the incentives that can be used by the principals to deal with agents’ goal conflict and information asymmetry

Improved Model Predictive Direct Power Control for Parallel Distributed Generation in Grid-Tied Microgrids

This research proposes an improved finite control set direct power model predictive control method (FCS-DPMPC) for grid-tie distributed generation (DG). FCS-DPMPC predicts the system outcomes using the system model. During the next sampling time, a voltage vector is defined using the cost function to minimize the power ripple, consequently allowing flexibility for power regulation. Furthermore, the impact of implementing a one-step delay is studied and compensated through a model forecast pattern. In addition, a new two-step horizon technique has been developed to minimize switching frequency and computation burden. Simulation results for single DG and parallel operated DGs in a grid-tie manner confirm the effectiveness of the suggested control strategy, which signifies that this is an appropriate approach for distributed generation in microgrids.© 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).fi=vertaisarvioitu|en=peerReviewed

The role of diffusion of innovation theory towards the adoption of halal meat supply chain

This paper aims to examine the factors that drive the exporter’s influence toward halal meat supply chain adoption by encompassing the diffusion of innovation (DOI) theory in the context of Pakistan. Using DOI as an underpinning theory, this study evaluates halal supply chain adoption by collecting data from the members of associations from Pakistan. A total of 258 useable responses were received, and PLS-SEMwas adopted using SmartPLS. The exporter’s adoption of the halal supply chain is determined not only by perceived relative advantage and perceived compatibility but also by perceived complexity, religious beliefs and awareness. Though this study has practical and managerial implications, it has few limitations. Further studies need to be conducted in other contexts as well with a larger population. There are limited studies that have tested DOI theory in the context of the halal meat supply chain in Pakistan. Therefore, the author extends the diffusion theory of innovation in the current work. Further, this paper will be a helpful reference guide for academicians, practitioners and researchers

Nonlinear Material Behavior Analysis under High Compression Pressure in Dynamic Conditions

Gun chamber pressure is an important parameter in proofing of ammunition to ensure safety and reliability. It can be measured using copper crushers or piezoelectric sensor. Pressure calculations in copper crusher method are based on linear plastic deformation of copper after firing. However, crusher pressure deformation at high pressures deviates from the corresponding values measured by piezoelectric pressure transducers due to strain rate dependence of copper. The nonlinear deformation rate of copper at high pressure measurements causes actual readings from copper crusher gauge to deviate from true pressure values. Comparative analysis of gun chamber pressure was conducted for 7.62 × 51 mm ammunition using Electronic Pressure, Velocity, and Action Time (EPVAT) system with piezoelectric pressure transducers and conventional crusher gauge. Ammunitions of two different brands were used to measure chamber pressure, namely, NATO standard ammunition and non-NATO standard ammunition. The deformation of copper crushers has also been simulated to compare its deformation with real time firing. The results indicate erratic behavior for chamber pressure by copper crusher as per standard deviation and relative spread and thus prove piezo sensor as more reliable and consistent mode of peak pressure measurement. The results from simulation, cost benefit analysis, and accuracy clearly provide piezo sensors with an edge over conventional, inaccurate, and costly method of copper crusher for ballistic measurements due to its nonlinear behavior

Comparative immunocompetence and interspecies transmission of avian orthoavulavirus-1 in feral birds originating from rural and urban settings

Feral birds residing close to urban settings exhibit higher immunocompetence against environmental pathogens than their counterparts in rural areas. In this study, we comprehensively evaluated the immunocompetence of five specific feral bird species and investigated the potential for interspecies transmission and pathogenicity of Avian orthoavulavirus-1 (AOAV-1) originating from the Anseriformes order. The immunocompetence assessment involved administering the phytohemagglutinin (PHA) test to individual groups of birds from rural and urban settings, measuring patagium thickness at specific time intervals (12, 24, 36, 48, and 60 h) following the administration of 0.1 mL (1 mg/mL) of PHA. Urban birds displayed significantly enhanced mean swelling responses, particularly urban pigeons, which exhibited a significant difference in patagium thickness at all-time intervals except for 24 h (p = 0.000, p = 0.12). Similarly, rural and urban quails and crows showed substantial differences in patagium thickness at all-time intervals except for 12 h (p = 0.542, p = 0.29). For the assessment of interspecies transmission potential and pathogenicity, each feral bird group was separately housed with naive broiler birds (n = 10 each) and challenged with a velogenic strain of AOAV-1 isolate (Mallard-II/UVAS/Pak/2016) at a dose of 1 mL (10 EID /mL). Urban birds demonstrated higher resistance to the virus compared to their rural counterparts. These findings highlight the specific immunocompetence of feral bird species and their potential contributions to AOAV-1 transmission and pathogenicity. Continuous monitoring, surveillance, and strict implementation of biosafety and biosecurity measures are crucial for effectively controlling AOAV-1 spillover to the environment and wild bird populations in resource-limited settings, particularly Pakistan