Islamic Finance: Is it a Time to be Considered as an Alternative during Financial Crisis Times? A Comparative Study in Gulf Cooperation Council

This paper investigates the difficulties facing Islamic finance performance during the financial crisis times and to what extent whether the time has now come to considered it as suitable alternative in such situations as there is general believe that it is the time now for Islamic Finance to be considered as a suitable alternative to the existing Conventional system particularly during the crisis times. The study examined the financial performance of three Islamic banks in the Middle East alongside with other three conventional ones operating in the same region. The study used the Ratio Analysis technique for evaluating sample banks performance during the crisis times. The study suggested that although Islamic banks have shown some positive indicators, they were actually facing some difficulties which are seems to be relevant to integral parts of the system itself, and those drawbacks may need to be systematically handled before reaching any such conclusion. Keywords: Islamic Finance, Conventional Banks, Financial Performance, Challenges, Financial Crisis. JEL Classifications: E44, G0

Radiative Transfer Model 3.0 integrated into the PALM model system 6.0

The Radiative Transfer Model (RTM) is an explicitly resolved three-dimensional multi-reflection radiation model integrated into the PALM modelling system. It is responsible for modelling complex radiative interactions within the urban canopy. It represents a key component in modelling energy transfer inside the urban layer and consequently PALM's ability to provide explicit simulations of the urban canopy at metre-scale resolution. This paper presents RTM version 3.0, which is integrated into the PALM modelling system version 6.0. This version of RTM has been substantially improved over previous versions. A more realistic representation is enabled by the newly simulated processes, e.g. the interaction of longwave radiation with the plant canopy, evapotranspiration and latent heat flux, calculation of mean radiant temperature, and bidirectional interaction with the radiation forcing model. The new version also features novel discretization schemes and algorithms, namely the angular discretization and the azimuthal ray tracing, which offer significantly improved scalability and computational efficiency, enabling larger parallel simulations. It has been successfully tested on a realistic urban scenario with a horizontal size of over 6 million grid points using 8192 parallel processes. © 2021 Pavel Krč et al

Effect of Psychological Empowerment and Transformational Leadership on Organizational Commitment

According to recent literature that relates to organizational leadership, transformational leadership consists of three important elements: idealized influence, individual consideration and intellectual stimulation. Extant studies in this area highlighted that the ability of the leaders in implementing these transformational processes (to execute organizational functions) may have a significant impact on individual outcome especially organizational commitment. Although this relationship has been studied, the mediating role of transformational leadership has taken a less prominent role in organizational leadership model. Recent studies on organizational leadership have emphasized that transformational leadership has three important characteristics: idealized influence, individual consideration and intellectual stimulation. The purpose of this paper is to examine the influence of empowerment in the relationship between transformational leadership and organizational commitment; by using 77 USAble questionnaires gathered from employees who worked at a foreign manufacturing company in Free Trade Zone, Malaysia. Results of SmartPLS path model analysis confirm that empowerment does act as an important mediating variable in the relationship between transformational leadership and organizational commitment in the organizational sample. In the succeeding sections, discussion, implications and conclusion are elaborated

Importance of radiative transfer processes in urban climate models: A study based on the PALM 6.0 model system

Including radiative transfer processes within the urban canopy layer into microscale urban climate models (UCMs) is essential to obtain realistic model results. These processes include the interaction of buildings and vegetation with shortwave and longwave radiation, thermal emission, and radiation reflections. They contribute differently to the radiation budget of urban surfaces. Each process requires different computational resources and physical data for the urban elements. This study investigates how much detail modellers should include to parameterize radiative transfer in microscale building-resolving UCMs. To that end, we introduce a stepwise parameterization method to the Parallelized Large-eddy Simulation Model (PALM) system 6.0 to quantify individually the effects of the main radiative transfer processes on the radiation budget and on the flow field. We quantify numerical simulations of both simple and realistic urban configurations to identify the major and the minor effects of radiative transfer processes on the radiation budget. The study shows that processes such as surface and vegetation interaction with shortwave and longwave radiation will have major effects, while a process such as multiple reflections will have minor effects. The study also shows that radiative transfer processes within the canopy layer implicitly affect the incoming radiation since the radiative transfer model is coupled to the radiation model. The flow field changes considerably in response to the radiative transfer processes included in the model. The study identified those processes which are essentially needed to assure acceptable quality of the flow field. These processes are receiving radiation from atmosphere based on the sky-view factors, interaction of urban vegetation with radiation, radiative transfer among urban surfaces, and considering at least single reflection of radiation. Omitting any of these processes may lead to high uncertainties in the model results.publishedVersio

Synthesis of some benzimidazole derivatives endowed with 1,2,3-triazole as potential inhibitors of hepatitis C virus

New derivatives of 2-thiobenzimidazole incorporating triazole moiety were synthesized, characterized and tested in vitro for antiviral activity against hepatitis C virus (HCV) and hepatitis B virus (HBV). Their cytotoxicity was determined by the reduction in number of viable cells. All of the synthesized compounds are inactive against HBV and some showed activity against HCV. In particular, two compounds showed significant activity, 2-{4-[(1-benzoylbenzimidazol-2-ylthio)methyl]-1H-1,2,3-triazol-1-yl}-N-(p-nitrophenyl)-acetamide (13) and 2-(4-{[1-(p-chlorobenzoyl)-benzimidazol-2-ylthio)methyl]-1H-1,2,3-triazol-1-yl}-N-(p-nitrophenyl)-acetamide (17). The results give an insight into the importance of the substituent at position 2 of benzimidazole for the inhibition of HCV

Correlation and regression analysis in sorghum under different levels of nitrogen

An experiment was conducted with sorghum varieties and different levels of nitrogen to study the correlation between traits and to study the effect of these traits on grain yield to define which traits can be considered as selection criteria for yield improvement in sorghum. A factorial irrigated field experiment was carried out in R.C.B.D. layout with three replications in Iraq, four sorghum varieties (AlKhir, Enkath, Kafir, and Rabeh) were planted under three levels of nitrogen (80,100,120) kg/h manually in 2016 at two sites. After harvest, correlation and regression analysis were studied between grain yield as the dependent variable and each of the following traits as independent variables (dry and green fodder weight, leaf area index, plant height, stem diameter, grain number and grain weight, nitrogen level). Results showed that all studied traits except grain weight were highly significantly correlated with grain yield, and about 35% of variation in grain yield could be explained by the level of nitrogen fertilizer, and also showed that plant height and dry and green fodder weight were the major contributors towards grain yield since these traits explained about (57, 52, 50)% respectively of the variation of grain yield, followed by stem diameter and grain number then leaf area index, which might be a good traits to breeders for developing high yielding cultivars in sorghum

Synthesis of some benzimidazole derivatives endowed with 1,2,3-triazole as potential inhibitors of hepatitis C virus

New derivatives of 2-thiobenzimidazole incorporating triazole moiety were synthesized, characterized and tested in vitro for antiviral activity against hepatitis C virus (HCV) and hepatitis B virus (HBV). Their cytotoxicity was determined by the reduction in number of viable cells. All of the synthesized compounds are inactive against HBV and some showed activity against HCV. In particular, two compounds showed significant activity, 2-{4-[(1-benzoylbenzimidazol-2-ylthio)methyl]-1H-1,2,3-triazol-1-yl}-N-(p-nitrophenyl)-acetamide (13) and 2-(4-{[1-(p-chlorobenzoyl)-benzimidazol-2-ylthio)methyl]-1H-1,2,3-triazol-1-yl}-N-(p-nitrophenyl)-acetamide (17). The results give an insight into the importance of the substituent at position 2 of benzimidazole for the inhibition of HCV

A Mendelian Randomization Analysis Investigates Causal Associations between Inflammatory Bowel Diseases and Variable Risk Factors

The question of whether variable risk factors and various nutrients are causally related to inflammatory bowel diseases (IBDs) has remained unanswered so far. Thus, this study investigated whether genetically predicted risk factors and nutrients play a function in the occurrence of inflammatory bowel diseases, including ulcerative colitis (UC), non-infective colitis (NIC), and Crohn’s disease (CD), using Mendelian randomization (MR) analysis. Utilizing the data of genome-wide association studies (GWASs) with 37 exposure factors, we ran Mendelian randomization analyses based on up to 458,109 participants. Univariable and multivariable MR analyses were conducted to determine causal risk factors for IBD diseases. Genetic predisposition to smoking and appendectomy as well as vegetable and fruit intake, breastfeeding, n-3 PUFAs, n-6 PUFAs, vitamin D, total cholesterol, whole-body fat mass, and physical activity were related to the risk of UC (p < 0.05). The effect of lifestyle behaviors on UC was attenuated after correcting for appendectomy. Genetically driven smoking, alcohol consumption, appendectomy, tonsillectomy, blood calcium, tea intake, autoimmune diseases, type 2 diabetes, cesarean delivery, vitamin D deficiency, and antibiotic exposure increased the risk of CD (p < 0.05), while vegetable and fruit intake, breastfeeding, physical activity, blood zinc, and n-3 PUFAs decreased the risk of CD (p < 0.05). Appendectomy, antibiotics, physical activity, blood zinc, n-3 PUFAs, and vegetable fruit intake remained significant predictors in multivariable MR (p < 0.05). Besides smoking, breastfeeding, alcoholic drinks, vegetable and fruit intake, vitamin D, appendectomy, and n-3 PUFAs were associated with NIC (p < 0.05). Smoking, alcoholic drinks, vegetable and fruit intake, vitamin D, appendectomy, and n-3 PUFAs remained significant predictors in multivariable MR (p < 0.05). Our results provide new and comprehensive evidence demonstrating that there are approving causal effects of various risk factors on IBDs. These findings also supply some suggestions for the treatment and prevention of these diseases