Research
Risk-Return Analysis of Three Asset Portfolio Using Islami Banks- Evidence from Dhaka Stock Exchange
This paper aims at analyzing performance of Shahjalal Islami Bank Ltd. (SJIBL) at micro level. The study is based on 18 companies of Dhaka Stock Exchange (DSE). As population, 93 listed companies of DSE are purposively selected from a total of 544 companies. Ratio analysis, Individual stock analysis and Portfolio analysis have done using data between 2005 and 2011. A three stock portfolio analysis has been made compiling three financial industries namely; Banking, Insurance and Financial Institutions. Evidence from the study reveals that SJIBL has high return and low risk characteristics. Portfolio result depicts that combination of Islamic Banks’ (IB) stock in portfolio investment can accelerate portfolio return and can reduce risk.
Prospects Analysis of an Islamic Capital Market in Bangladesh
Dominant growth of Islamic financial system has ushered in a new era of alternative world economic approach- Islamic Financial System (IFS). It is a well-established fact that Interest (Riba) has negative comportment for an efficient capital market. Greedy intent of making quick buck increases the riskiness of the market. This study ventures deep into full potential of an Islamic Capital Market (ICM) for the flow of funds in Bangladesh. Both the international and domestic challenges are decelerating the opportunities. But, continuous upsurge of Islamic investors and stable market confidence for such market might overcome the snags. The present paper investigates the functioning of Islamic securities and examines the possibilities of their development within the existing regulations and economic determinants in Islamic countries for example Bangladesh.
Ethical Issues in Computer Use: A Study from Islamic Perspective
Computer users are continuously facing ethical challenges as society adopts new and increasingly complex tools and technologies. These ethical challenges can be managed by Islamic code of life. In this paper, we have studied and tried to identify, how computer affects the ethical issues of the society. In this regards, we have traced some highly related issues to the ethics of computer usage, namely – misuse of time, honesty and integrity, privacy, security, intellectual property right, and computer crime. We have also tried to explain these issues in the light of Qur’an and Hadith. At the end of this paper, we have also suggested some measures that can help in promoting proper use of computer facilities by the Muslim masses without compromising the Islamic principles.
Impact of Radio Frequency Identification (RFID) Technology on Supply Chain Efficiency: An Extensive Study
Wireless technologies such as Radio Frequency Identification (RFID) and Global Position System (GPS) play important role as value added services in communication systems and mobile commerce these days. The aim of Supply Chain Management is to produce, distribute, logistics and deliver goods and equipment in right location, right time, right amount to satisfy costumers, with minimum time and cost waste. So implementing techniques of radio frequency identification (RFID) that reduce project time and cost, and improve productivity and performance is very important. The purpose of this study is to explore the benefits and liabilities of the use of this technology in supply chain operations and its benefits is centered on goals relative to the optimization of logistics activities; specifically related to inventory management, bullwhip effect and replenishment policies. Besides, some approaches to evaluate the benefits of RFID in supply chain along with a brief analysis of return-on-investment (ROI) to RFID implementation in supply chain operations are identified and discussed.
HRIS Practices in Universities: An Exploratory Study on the Private Universities In Bangladesh
The study aims at finding the application of Human Resources Information Systems (HRIS) in the private universities of Bangladesh. The paper is based on primary data collected through structured questionnaire from the HR personnel of 35 out of 61 Private Universities of Bangladesh. A five scale Likert technique has been used to investigate the interviewees’ opinion. The study reveals that only 22.9 % universities studied are using HRIS in full extent while 42.9% use HRIS to some extent. In 34.3% universities there is very limited applications of HRIS. Again, the highest use of HRIS is observed in recruiting and selection in private universities which is 80%. 74.3% universities use HRIS in their payroll system while the least use of HRIS is found in training and development of employees as only 14 (40%) universities apply HRIS technique for need assessment and train their employees. The paper explored that there is a gap between expected application of HRIS and present level of use in the selected private universalities. Among the main reasons of such gap Lack of infrastructure and high cost are found vital. The other reasons are lack of expertise in this field and insufficient training of the employees.
