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The mediating effect of resturant attributes on motivation and dinning experience in Japanese resturants in the Philippines 餐厅属性对菲律宾日式餐厅用餐动机和用餐体验的中介效应
مجلة بيت المشورة Pub Date : 2024-02-01 DOI: 10.33001/18355/imjct0512
R. Calinao, Lorenze Lasugo
{"title":"The mediating effect of resturant attributes on motivation and dinning experience in Japanese resturants in the Philippines","authors":"R. Calinao, Lorenze Lasugo","doi":"10.33001/18355/imjct0512","DOIUrl":"https://doi.org/10.33001/18355/imjct0512","url":null,"abstract":"This research is anticipated to contribute to the field of hotel and restaurant management, as well as Japanese restaurant operators, by providing them with information about this study on the impact of Japanese restaurants on customers’ dining experience. Filipinos select Japanese Restaurants based on ambiance, value, authenticity, quality, and menu variety. A descriptive research design indicates that as the level of push and pull increases, the level of DINESERV as a factor affecting the dining experience in the Japanese restaurant would also tend to increase, and vice versa. The result revealed that Japanese restaurants describe the relationship between two or more variables, and it was used to collect and assess data drawn from 250 respondents who have dined in a Japanese restaurant in the National Capital Region. Japanese restaurant customers agree that push and pull motivations correlate with DINESERV and are very satisfied with the restaurant’s attributes. The Pearson correlation revealed a high relationship between push and pull motivations and DINESERV. Lastly, the CB-SEM or the Covariance-base Structural Equation Modelling using AMOS was utilized to determine the mediating effect between push and pull motivations, DINESERV of restaurant attributes on motivation, and dining experience in Japanese restaurants. Keywords: Restaurant attributes, push and pull motivators, DINESERV, Japanese Restaurants Structural Equation Modelling","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"42 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139814692","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Tourism Carrying Capacity of Community Based Ecotourism: Case Study of Olo-Olo Mangrove Forest, and Eco-Park in Lobo, Batangas, Philippines 社区生态旅游的旅游承载能力:菲律宾八打雁省洛博市奥洛-奥洛红树林和生态园案例研究
مجلة بيت المشورة Pub Date : 2024-02-01 DOI: 10.33001/18355/imjct0513
Jan Racky A. Masa, Charlene Jovanne B. Constantino, Katherine T. Santos
{"title":"Tourism Carrying Capacity of Community Based Ecotourism: Case Study of Olo-Olo Mangrove Forest, and Eco-Park in Lobo, Batangas, Philippines","authors":"Jan Racky A. Masa, Charlene Jovanne B. Constantino, Katherine T. Santos","doi":"10.33001/18355/imjct0513","DOIUrl":"https://doi.org/10.33001/18355/imjct0513","url":null,"abstract":"The purpose of this research is to analyze the Tourism Carrying Capacity of recreational activities in a community-based tourism destination and determine the sustainability of the ecotourism management in Olo-Olo Mangrove Forest and Eco Park in Lobo, Batangas, Philippines, by calculating the physical ecological and social carrying capacity of the recreational activities of the community-based ecotourism site. The method utilized in this research is mixed, measuring quantitative analysis of Carrying capacities using Boullon’s Model applied with the Limits of Acceptable Change (LAC) framework. A qualitative approach was used in determining the social and ecological carrying capacity and recorded preferences of the site manager and the visitors. The study reveals that the total physical carrying capacity may range from 79 to 2488 tourists per day; ecological- solid wastes capacity of 333 tourists daily; ecological- water availability capacity of 20 tourists daily; and social carrying capacity of 900 to 1200 tourists daily. The combined tourism carrying Capacity of OMFE shows that the mangrove park can accommodate a wide range of tourists per day depending on which LAC scenario. The current tourist influx in OMFE is only 26 visitors daily on average, which is far below the computed combined carrying capacity. It is still directed towards sustainable ecotourism. Keywords: Tourism Carrying Capacity, Mangrove Eco Park, combined carrying capacity, Community-Based Ecotourism","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"209 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139825797","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The mediating effect of cultural diversity on organizational commitment and well-being of Filipino cruise seafarers 文化多样性对菲律宾邮轮海员的组织承诺和福祉的中介效应
مجلة بيت المشورة Pub Date : 2024-02-01 DOI: 10.33001/18355/imjct0511
R. Calinao, Lyziel Alvarez, Joshua Calderon, Karl Eusebio
{"title":"The mediating effect of cultural diversity on organizational commitment and well-being of Filipino cruise seafarers","authors":"R. Calinao, Lyziel Alvarez, Joshua Calderon, Karl Eusebio","doi":"10.33001/18355/imjct0511","DOIUrl":"https://doi.org/10.33001/18355/imjct0511","url":null,"abstract":"Purpose The purpose of this study is to identify how the current setting of the workplace environment onboard, specifically hotel operations, affects the level of commitment and overall well-being of Filipino cruise seafarers towards their workmates of different nationalities. Design/methodology/approach This study focuses on Filipino cruise seafarers’ experiences in working in a cross-cultural environment onboard. Researchers used quantitative-predictive-causal research for this study. Using the adapted and modified instrument, researchers surveyed 291 Filipino cruise seafarers working in hotel operations through online data collection procedures. Findings The results revealed that cruise seafarers agree that cultural diversity, organizational commitment, and well-being are essential in seafarers’ living and working conditions onboard. Regarding psychographic profiles in terms of lifestyle, the study reveals a significant difference in cultural diversity and organizational commitment. Using the Pearson Correlation, the study found a high relationship between the level of organizational commitment and well-being. As the level of organizational commitment increases, the level of well-being of respondents also tends to increase. By using SB-SEM through AMOS, it revealed that cultural diversity mediates the relationship between organizational commitment and well-being. The study only covers Filipino cruise seafarers' work and life experiences in hotel operations. The sample for this study was restricted to the other types of maritime groups. In addition, this study is strictly limited to Filipinos as the primary population for this research. Keywords: Filipino cruise seafarers, cultural diversity, organizational commitment, well-being, structural equation modeling","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"19 8","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139882237","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Tourism Carrying Capacity of Community Based Ecotourism: Case Study of Olo-Olo Mangrove Forest, and Eco-Park in Lobo, Batangas, Philippines 社区生态旅游的旅游承载能力:菲律宾八打雁省洛博市奥洛-奥洛红树林和生态园案例研究
مجلة بيت المشورة Pub Date : 2024-02-01 DOI: 10.33001/18355/imjct0513
Jan Racky A. Masa, Charlene Jovanne B. Constantino, Katherine T. Santos
{"title":"Tourism Carrying Capacity of Community Based Ecotourism: Case Study of Olo-Olo Mangrove Forest, and Eco-Park in Lobo, Batangas, Philippines","authors":"Jan Racky A. Masa, Charlene Jovanne B. Constantino, Katherine T. Santos","doi":"10.33001/18355/imjct0513","DOIUrl":"https://doi.org/10.33001/18355/imjct0513","url":null,"abstract":"The purpose of this research is to analyze the Tourism Carrying Capacity of recreational activities in a community-based tourism destination and determine the sustainability of the ecotourism management in Olo-Olo Mangrove Forest and Eco Park in Lobo, Batangas, Philippines, by calculating the physical ecological and social carrying capacity of the recreational activities of the community-based ecotourism site. The method utilized in this research is mixed, measuring quantitative analysis of Carrying capacities using Boullon’s Model applied with the Limits of Acceptable Change (LAC) framework. A qualitative approach was used in determining the social and ecological carrying capacity and recorded preferences of the site manager and the visitors. The study reveals that the total physical carrying capacity may range from 79 to 2488 tourists per day; ecological- solid wastes capacity of 333 tourists daily; ecological- water availability capacity of 20 tourists daily; and social carrying capacity of 900 to 1200 tourists daily. The combined tourism carrying Capacity of OMFE shows that the mangrove park can accommodate a wide range of tourists per day depending on which LAC scenario. The current tourist influx in OMFE is only 26 visitors daily on average, which is far below the computed combined carrying capacity. It is still directed towards sustainable ecotourism. Keywords: Tourism Carrying Capacity, Mangrove Eco Park, combined carrying capacity, Community-Based Ecotourism","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"24 12","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139885727","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The mediating effect of cultural diversity on organizational commitment and well-being of Filipino cruise seafarers 文化多样性对菲律宾邮轮海员的组织承诺和福祉的中介效应
مجلة بيت المشورة Pub Date : 2024-02-01 DOI: 10.33001/18355/imjct0511
R. Calinao, Lyziel Alvarez, Joshua Calderon, Karl Eusebio
{"title":"The mediating effect of cultural diversity on organizational commitment and well-being of Filipino cruise seafarers","authors":"R. Calinao, Lyziel Alvarez, Joshua Calderon, Karl Eusebio","doi":"10.33001/18355/imjct0511","DOIUrl":"https://doi.org/10.33001/18355/imjct0511","url":null,"abstract":"Purpose The purpose of this study is to identify how the current setting of the workplace environment onboard, specifically hotel operations, affects the level of commitment and overall well-being of Filipino cruise seafarers towards their workmates of different nationalities. Design/methodology/approach This study focuses on Filipino cruise seafarers’ experiences in working in a cross-cultural environment onboard. Researchers used quantitative-predictive-causal research for this study. Using the adapted and modified instrument, researchers surveyed 291 Filipino cruise seafarers working in hotel operations through online data collection procedures. Findings The results revealed that cruise seafarers agree that cultural diversity, organizational commitment, and well-being are essential in seafarers’ living and working conditions onboard. Regarding psychographic profiles in terms of lifestyle, the study reveals a significant difference in cultural diversity and organizational commitment. Using the Pearson Correlation, the study found a high relationship between the level of organizational commitment and well-being. As the level of organizational commitment increases, the level of well-being of respondents also tends to increase. By using SB-SEM through AMOS, it revealed that cultural diversity mediates the relationship between organizational commitment and well-being. The study only covers Filipino cruise seafarers' work and life experiences in hotel operations. The sample for this study was restricted to the other types of maritime groups. In addition, this study is strictly limited to Filipinos as the primary population for this research. Keywords: Filipino cruise seafarers, cultural diversity, organizational commitment, well-being, structural equation modeling","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"252 ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139822025","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The mediating effect of resturant attributes on motivation and dinning experience in Japanese resturants in the Philippines 餐厅属性对菲律宾日式餐厅用餐动机和用餐体验的中介效应
مجلة بيت المشورة Pub Date : 2024-02-01 DOI: 10.33001/18355/imjct0512
R. Calinao, Lorenze Lasugo
{"title":"The mediating effect of resturant attributes on motivation and dinning experience in Japanese resturants in the Philippines","authors":"R. Calinao, Lorenze Lasugo","doi":"10.33001/18355/imjct0512","DOIUrl":"https://doi.org/10.33001/18355/imjct0512","url":null,"abstract":"This research is anticipated to contribute to the field of hotel and restaurant management, as well as Japanese restaurant operators, by providing them with information about this study on the impact of Japanese restaurants on customers’ dining experience. Filipinos select Japanese Restaurants based on ambiance, value, authenticity, quality, and menu variety. A descriptive research design indicates that as the level of push and pull increases, the level of DINESERV as a factor affecting the dining experience in the Japanese restaurant would also tend to increase, and vice versa. The result revealed that Japanese restaurants describe the relationship between two or more variables, and it was used to collect and assess data drawn from 250 respondents who have dined in a Japanese restaurant in the National Capital Region. Japanese restaurant customers agree that push and pull motivations correlate with DINESERV and are very satisfied with the restaurant’s attributes. The Pearson correlation revealed a high relationship between push and pull motivations and DINESERV. Lastly, the CB-SEM or the Covariance-base Structural Equation Modelling using AMOS was utilized to determine the mediating effect between push and pull motivations, DINESERV of restaurant attributes on motivation, and dining experience in Japanese restaurants. Keywords: Restaurant attributes, push and pull motivators, DINESERV, Japanese Restaurants Structural Equation Modelling","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"53 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139874694","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Apostasy in Nations with Fully Islamized Banking Systems: An Examination of Implementation, Legislation, and Practice 银行系统完全伊斯兰化的国家中的叛教:对实施、立法和实践的考察
مجلة بيت المشورة Pub Date : 2023-10-01 DOI: 10.33001/m0110202320/117
Nacer Silmane
{"title":"Apostasy in Nations with Fully Islamized Banking Systems: An Examination of Implementation, Legislation, and Practice","authors":"Nacer Silmane","doi":"10.33001/m0110202320/117","DOIUrl":"https://doi.org/10.33001/m0110202320/117","url":null,"abstract":"يهدف هذا المقال إلى البحث في موضوع الأسلمة الكاملة للنظام المصرفي في الدول التي اختارت هذا المسار في تطبيق الصيرفة الإسلامية وهي: باكستان وإيران والسودان، وذلك بالإجابة على إشكاليته التي تتمحور حول مراحل عملية الأسلمة في كل دولة من تلك الدول، والردة عن تلك الأسلمة، أسبابها وما نتج عنها. مع التعرّض بالتحليل والمناقشة لظروف كل دولة، وللمظاهر التي تجسّدت فيها تلك الردة، والتي اختلفت أسبابها وتداعياتها من بلد لآخر حسب ظروف كل منها، مع تبني المنهج التحليلي إضافة إلى المنهج التاريخي واللذين تتطلبهما طبيعة هذه الدراسة. وقد خلُص البحث إلى أن الردة عن أسلمة النظام المصرفي اختلفت من بلد لآخر وفق مظاهر متعددة، فكانت إما في التطبيق كما في باكستان، أو الممارسة كما في إيران، أو التقنين كما في السودان، هذا الأخير كان البلد الوحيد الذي تجسّدت فيه الأسلمة عمليًا وبشكل كامل بعد انفصال الجنوب سنة 2011، وكان للضغوطات الدولية والحصار الاقتصادي الخانق على البلاد دور كبير في مراجعة القوانين والعودة إلى السماح بتطبيق الصيرفة التقليدية إلى جانب الإسلامية. كلمات مفتاحية: صيرفة إسلامية، أسلمة، الردّة، باكستان، إيران، السودان.","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135368293","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Sovereign Sukuk for Financing Public Budget Deficit- Sukuk Al-salam in Morocco 为公共预算赤字融资的主权伊斯兰债券——摩洛哥的伊斯兰债券
مجلة بيت المشورة Pub Date : 2023-10-01 DOI: 10.33001/m0110202320/118
Fatima Zohra Rachdi
{"title":"Sovereign Sukuk for Financing Public Budget Deficit- Sukuk Al-salam in Morocco","authors":"Fatima Zohra Rachdi","doi":"10.33001/m0110202320/118","DOIUrl":"https://doi.org/10.33001/m0110202320/118","url":null,"abstract":"تهدف هذه الدراسة إلى تسليط الضوء على أداة مالية إسلامية مستجدة، حظيت باهتمام كبير خاصة إبان تنامي وازدهار المالية الإسلامية، وهي الصكوك الإسلامية السيادية، وكذا التحقق من مدى قدرتها على تمويل عجز الميزانية العامة، فضلًا عن دراسة مدى إمكانية إصدارها في المغرب لتحقيق هاته الغاية، استنادًا إلى مجموعة من المقومات التشريعية والاقتصادية، دمج الباحث بين المنهج الوصفي والتحليلي لأنهما كفيلان بتحقيق المقصود. وتوصلت الدراسة إلى أهمية الصكوك السيادية في تمويل الميزانية العامة، فضلًا عن إمكانية إصدارها في المغرب أسوة بالتجارب الدولية في المجال –السودان وماليزيا، وتم اقتراح إصدار صكوك السّلم السيادية لكونها تلائم كثيرًا الدول التي تزخر بالموارد الطبيعية. الكلمات المفتاحية: الصكوك السيادية، تمويل، صكوك السّلم، عجز الميزانية العامة، المغرب.","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135368290","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Determinants of economic security and the social means capable of achieving it: A Maqasidic study 经济安全的决定因素和能够实现它的社会手段:一项马卡西德研究
مجلة بيت المشورة Pub Date : 2023-10-01 DOI: 10.33001/m0110202320/116
Anis Guezzi
{"title":"Determinants of economic security and the social means capable of achieving it: A Maqasidic study","authors":"Anis Guezzi","doi":"10.33001/m0110202320/116","DOIUrl":"https://doi.org/10.33001/m0110202320/116","url":null,"abstract":"يمثّل الأمن الاقتصاديّ مجالًا مهمّا من مجالات الأمن العامّ باعتباره وسيلة لتحقيق الاستقرار والرّفاه المجتمعيّ. ويهدف هذا البحث إلى بيان مقوّماته من خلال استقراء أدلّة الشّريعة، للخلوص لحقيقة هذا المصطلح في المنظومة التّشريعيّة الإسلاميّة، مع تحليل بعض الوسائل الاجتماعيّة التّي تحقّقه. وخدمة لمقصود البحث تمّ الاعتماد على المنهجين الاستقرائيّ والتّحليليّ، وقد أسعفا في الخلوص إلى قيام الأمن الاقتصاديّ على الأسس التّالية: إشباع الحاجات، وتوفير الثّروة وتنميتها، وحسن إدارتها، والعدل في التّوزيع. أمّا وسائله فتخيّرنا منها دراسة دور الصّدقات المفروضة (من خلال نموذج الزّكاة) والتّطوّعيّة (من خلال نماذج: الوقف، والصّدقة، والهبة)، وخلص البحث إلى بيان أهمّيتها في دعم الحاجات الأساسيّة، وإدماج الفئات المعوزة في النّشاط الاقتصادي،ّ عن طريق الأفراد والمؤسّسات العامّة والحكوميّة. ومن أهمّ التّوصيات التّي يقترحها ابتكار وسائل استثماريّة شرعيّة لتوليد الثّروة وضمان استدامتها، وبناء نظريّة متكاملة للأمن الاقتصاديّ في الفقه الإسلامي. الكلمات المفتاحية: الأمن الاقتصادي، التنمية المستدامة، الثروة، التدبير، العدل","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135368294","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Green Sukuk or Green Bonds: A Comparative Study of Diversification and Hedging Prospects 绿色伊斯兰债券或绿色债券:多元化与套期保值前景的比较研究
مجلة بيت المشورة Pub Date : 2023-10-01 DOI: 10.33001/m0110202320/119
MUNIR SOUD KHAMIS
{"title":"Green Sukuk or Green Bonds: A Comparative Study of Diversification and Hedging Prospects","authors":"MUNIR SOUD KHAMIS","doi":"10.33001/m0110202320/119","DOIUrl":"https://doi.org/10.33001/m0110202320/119","url":null,"abstract":"This study employs the wavelet coherence and the spillover index methodologies to compare time-varying relationship between green sukuk (GSI) and green bonds (SPGB) with S&P 500, FTSE 100, KBW NASDAQ Financial Technology Index and Bitcoin between October 2019, and December 2022. While the predominant tonality of the coherence of GSI and SPGB was weak, GSI and SPGB failed to offset spillover during the covid-19 pandemic. Overall, GSI exhibited superior diversification and hedging performance. The spillover index results unveiled the influence of bearish market conditions on the intensity of market connectedness, prompting temporal transmission of risks between markets which can last up to eight days following the emergence of a shock. GSI slightly outperformed SPGB in portfolio diversification amid low total market connectedness, less net spillover, and less net-pairwise spillover as revealed by the findings of the spillover index. A combination of GSI or SPGB with S&P 500, FTSE 100, KBW NASDAQ Financial Technology Index, and Bitcoin under the same investment portfolio is likely to offer long-term investors diversification and hedging opportunities. Keywords: green sukuk, green bond, co-movement, spillover, wavelet, risk management.","PeriodicalId":485506,"journal":{"name":"مجلة بيت المشورة","volume":"80 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135368291","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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