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1 – 10 of over 49000Nazrul Hazizi Noordin, Muhammad Issyam Ismail, Muhammad Abd Hadi Abd Rahman, Siti Nurah Haron and Adam Abdullah
This paper aims to re-evaluate and thus recommends possible ways in improving the current practice of hibah trust in Malaysia.
Abstract
Purpose
This paper aims to re-evaluate and thus recommends possible ways in improving the current practice of hibah trust in Malaysia.
Design/methodology/approach
This study conducts a thorough and critical review on relevant literature on Islamic wealth management and estate distribution. Besides, the current practice and application of hibah trust by the Malaysian trustee companies such as Amanah Raya Berhad and As-Salihin Trustee Berhad is analyzed based on information gathered from their publications and direct consultation.
Findings
Based on the comparison made between hibah trust and its conventional counterpart, living trust, this study found that that the hibah trust product mirrors the conventional living trust, which provides a high degree of freedom to the benefactor to decide on the distribution of his wealth without taking into consideration the interest of the eligible heirs under farai’d. Nevertheless, it is undeniable that the practice of hibah trust would be able to expedite the lengthy and complex procedures of inheritance, reduce administrative costs and avoid legal impediments and inheritance tax.
Practical implications
This paper proposes a comprehensive framework for an improved asset distribution under hibah trust within the Malaysian Islamic wealth management industry by highlighting the significance of fara’id and wasiyyah rules. This proposed framework of hibah trust would become a useful reference for the policy makers in designing a dedicated regulation or legal provisions in the established laws that will govern the practice of hibah trust in Malaysia.
Originality/value
The novelty of this paper lies in highlighting the importance of adhering to the law of Islamic inheritance rules as ordained by Allah s.w.t in structuring contemporary Islamic estate planning instruments such as hibah trust, which is not evident in the current practice.
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S. J. Oswald A. J. Mascarenhas
Building trust and living interpersonal trust are crucial corporate executive virtues that are needed today. Once you have developed and solidified a high level of genuine…
Abstract
Executive Summary
Building trust and living interpersonal trust are crucial corporate executive virtues that are needed today. Once you have developed and solidified a high level of genuine interpersonal trust with all your stakeholders, especially customers, suppliers, and employees, then you are on the right path of managing and transforming your company. A high level of interpersonal trust between all stakeholders and corporates in a business situation will break down communication barriers, foster serious conversation and sharing of ideas, and will eliminate corporate transactional anxieties of fear, mistrust, guilt, rigidity, blame, and resentment. When stakeholders trust you and you trust them, then you speak freely, they speak freely, and your mutual sustained transparency is a gateway to survival, revival, and sustained corporate recovery and transformation, and steady growth and prosperity. Conversely, when there is low trust, high mistrust, and high distrust among stakeholders in a business situation, communications and conversations are stressed and fragmented, teamwork and team spirit are very low, and the company is heading toward its ruin and extermination. Such is the crucial role of interpersonal trust in business. This chapter explores the crucial phenomenon of corporate interpersonal trust. We review various cases, models, concepts, definitions, and theories of trust from the management literature in general, and from the marketing field in particular, to derive psychological, behavioral, ethical, and moral principles of corporate trust, trusting relations, and trusting strategies.
This paper gives a brief overview of the background to current efforts to help more people with learning disabilities take up direct payments. It reflects on some of the…
Abstract
This paper gives a brief overview of the background to current efforts to help more people with learning disabilities take up direct payments. It reflects on some of the challenges involved for stakeholders, and describes the positive steps that many partnership board areas are beginning to take.
The Rowan report was published in 2003, following an investigation into allegations of abuse on a ward providing longterm care for older people with mental health…
Abstract
The Rowan report was published in 2003, following an investigation into allegations of abuse on a ward providing longterm care for older people with mental health problems. The factors identified as important were similar to those identified in other inquiries that took place before and after the Rowan inquiry. Why do organisations fail to learn the lessons of the past?This paper examines what happened following publication of the Rowan report and the ensuing publicity. Some positive outcomes are identified but, putting these in context, it seems unlikely that they will prevent further incidents. How do organisations prevent incidents/suspicions of abuse? The author suggests a multi‐level approach and argues that residential and nursing care is at least equally at risk. The fundamental problem lies in society's failure to prioritise and adequately resource the care of older people with dementia and other mental health problems.
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Annabel Georges, Dimitri Schuurman, Bastiaan Baccarne and Lynn Coorevits
– The purpose of this paper is to reflect on the factors playing a role in the engagement of end-users to participate in Living Lab field trials.
Abstract
Purpose
The purpose of this paper is to reflect on the factors playing a role in the engagement of end-users to participate in Living Lab field trials.
Design/methodology/approach
Multiple case study analysis of three Living Lab cases in which field trials were organized.
Findings
Based on academic literature on field trials, user engagement and the technology acceptance model, the authors argue that several factors play a role in the participation of users in field trials. An influential factor that emerged is the functional maturity of the innovation, the extent to which a prototype resembles the functionalities and the processes of the final, go-to-market product at the moment of the field trial. Within this exploratory paper, we propose the “user engagement model for field trials” to explain the factors that play a role in the engagement of end-users in field trials.
Research limitations/implications
The methodological limitations of a case study design make it difficult to extrapolate the findings toward a larger sample. Therefore, this paper focuses on making an in-depth analysis rather than making general claims. However, the insights regarding user engagement for participation pave the way for future validation on a larger scale and suggest future research directions.
Practical implications
The findings of this paper suggest that Living Lab field trials should carefully take into account the (perceived) functional maturity of the innovation and the specific characteristics of the innovation when engaging end-users for field trials. Interaction and trust between the test-users and the other stakeholders is of great importance for the active engagement of test-users during field trials.
Originality/value
This exploratory paper adds to a general understanding of end-user involvement in innovation development processes and suggests guidelines to engage end-users to participate in field trials. In addition, it introduces the concept of functional maturity of innovations and the user-engagement model for field trials.
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Iddisah Sulemana and Ibrahim Issifu
How trust affects political, social, and economic phenomena have been studied by scholars for many years. However, not many studies have examined what factors determine…
Abstract
Purpose
How trust affects political, social, and economic phenomena have been studied by scholars for many years. However, not many studies have examined what factors determine trust among people and trust in public institutions. There is particularly a dearth of research on trust in Ghana. The paper aims to discuss this issue.
Design/methodology/approach
The authors use data from the 2012 Afrobarometer Surveys to mimic four sets of variables that Alesina and La Ferrara (2002) find as significant determinants of trust – recent traumatic experiences, having been historically discriminated against, being economically unsuccessful, and living in a mixed community. The authors apply these variables to the Ghanaian context to explore how they affect generalized trust, trust in relatives, neighbors, and other people the respondent knows, as well as trust in six public institutions (i.e. The President, Parliament, Electoral Commission, Police, Army, and the Courts of Law).
Findings
The authors find that trust among Ghanaians is generally low. Women are significantly less trusting of public institutions, although they do not trust people (e.g. relatives, neighbors, etc.) any less than men. Both people of the North and South are generally less trusting of public institutions compared to people of the Volta Region. The authors also find that, to a large extent, satisfaction with democracy and political affiliation are significantly correlated with trust in public institutions.
Practical implications
Because trust is very crucial for political, economic, and social development, especially good governance, there is an urgent need for public policy interventions that could increase trust among Ghanaians.
Originality/value
The authors provide a Ghanaian perspective on the determinants of trust.
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Local authorities have a duty to listen to service users but, with notable exceptions, have not done so in relation to the provision of direct payments to people with…
Abstract
Local authorities have a duty to listen to service users but, with notable exceptions, have not done so in relation to the provision of direct payments to people with learning disabilities. The paper proposes some measures that would help raise the level of such provision, and discusses the use of Independent Living Trusts.
Chris Igwe, Bettina von Stamm and and Meltem Etcheberry
The paper uses a case study to illustrate the difficulties experienced by those trying to access direct payments for people with learning disabilities, and considers the…
Abstract
The paper uses a case study to illustrate the difficulties experienced by those trying to access direct payments for people with learning disabilities, and considers the reasons why such difficulties exist. It proposes measures needed to ensure that people with learning disabilities have equal access to this form of funding.
In this study of one housing development in the Pacific Northwest region of the United States, this chapter explores concerns of families with children, including safety…
Abstract
In this study of one housing development in the Pacific Northwest region of the United States, this chapter explores concerns of families with children, including safety of community, relationships with neighbors, and accessibility of services, and examines challenges faced by families in the process of relocation. Before redevelopment, this particular community consisted of a large number of immigrants and refugees in two-parent or multigenerational families, as well as older residents, dispelling stereotypes of public housing residents as living in largely single-parent, female-headed households. Additionally, the chapter explores the strengths and resiliency of this population.