scholarly journals Islamic Financial Planning: Towards Sustaining the Financial Wellbeing of Muslim Families in Malaysia Post Covid-19

2021 ◽  
Vol 8 (Special Issue) ◽  
pp. 355-376
Author(s):  
Zarinah Mohd Yusoff ◽  
Engku Rabiah Adawiah Engku Ali ◽  
Habeebullah Zakariyah
Keyword(s):  
Financial Planning ◽  
Job Loss ◽  
Movement Control ◽  
Financial Situation ◽  
The People ◽  
Financial Preparation ◽  
Unpaid Leave ◽  
Income Stream ◽  
Economic Slowdown ◽  
Control Orders

Prior to the Covid-19 pandemic, it was reported that over 60% of the people in Malaysia only have enough savings to last them for less than 6 months in the event of loss of income. It is also reported that only 10.8% of urban Malaysian households have enough savings to withstand ‘financial shocks’ resulting from events such as job loss, economic crisis, physical impairment and death. The current Covid-19 pandemic had proven in stronger term that financial preparation is crucial for unpredictable situations such us the financial problems arising from the economic slowdown caused by movement control orders and lockdowns. Many households; especially those whose breadwinners were being laid-off by their companies, or had their salaries cut-off and asked to take unpaid leave – are in difficult financial situation. Only those with minimal debt obligations, steady income stream and enough financial buffer to pay for expenditures for the coming months are not in urgent need of any government assistance. Hence, it is high time to inculcate the knowledge of Islamic financial planning among Muslim families to ensure their wellbeing.

scholarly journals Economic Life Cycle of Biomass Equipment and its Renovation

TEM Journal ◽  
2020 ◽  
pp. 1419-1425
Author(s):  
Katarína Teplická ◽  
Martin Kováč ◽  
Erika Škvareková ◽  
Andrea Seňová
Keyword(s):  
Financial Planning ◽  
Operational Research ◽  
Economic Life ◽  
Operating Costs ◽  
Optimal Time ◽  
Financial Situation ◽  
Biomass Boiler ◽  
Time Period ◽  
Optimal Period ◽  
Economic Life Cycle

The main goal of this article is to determine the optimal time period of boiler for biomass renewal, because its usage affects the financial situation of the firm in the form of costs. In this contribution is applied the method of operational research - the method of optimal time of machine renovation. The results of the analyses point to the optimal period of biomass boiler renovation before its service life in the 11th year. Operating costs are increasing about 9% after this time. By using this model there is ability to plan financial sources for buying new biomass boiler at 5500-15600€ on the market. The scientific benefit lies in the fact that the model is applicable to all types of equipment and machinery, in various industrial areas and in services and it is preventive instrument for financial planning for machine renovation.

scholarly journals Peculiarities of Employment Relations in Ukraine for the Period of Established Quarantine (Covid-19)

2020 ◽  
Vol 24 (1) ◽  
pp. 151-156
Author(s):  
T. Pisоchenkо ◽  
◽  
S. Agafonova ◽  
Keyword(s):  
Labor Relations ◽  
Working Hours ◽  
Remote Work ◽  
The People ◽  
Labor Legislation ◽  
Unpaid Leave ◽  
The Face ◽  
Part Time ◽  
The Right ◽  
Restrictive Measures

Annotation. Introduction. The author investigates in his article the main drawbacks of the Ukrainian legislative base that may cause difficulties for employers and employees during the COVID-19 pandemic. While reading this article you will find several solutions on how to limit salary expenses of you company or firm, lead in remote or part-time working schedule on the enterprise and grant employees unpaid leave. The article also deals with the procedure of the paper work that should be done while processing sick leaves of the people who suffered from the COVID-19 disease or contacted with the COVID-19 patients. Purpоse. The purpose of this article is to identify the shortcomings of labor legislation during quarantine and restrictive measures related to the spread of coronavirus disease (COVID-19). Consider and analyze new approaches in building labor relations between employees and employers in the face of rising unemployment and the introduction of telework. Results. The pandemic covered 210 countries and territories. Studies have shown that tens of millions of people have lost their jobs. According to various social survey centers, every third company surveyed optimized the payroll, sent employees to remote work with a reduction in wages, reduced staff and transferred some workers to contracts. Today it is possible to exercise the right to receive partial unemployment benefits for insured workers who have lost part of their wages due to forced downtime or reduction of working hours due to quarantine. Cоnclusiоns. Today, much responsibility lies with the subjects of labor relations, much depends on the employees and employers, on their responsibility and charity. State aid to those categories that were more vulnerable during the crisis remains important. Financial assistance can take the form of grants and grace periods on outstanding loans – in order to support and overcome the profitability crisis. Keywоrds: labor relations; pandemic; wages; COVID-19.

scholarly journals COVID-19: B40 HOUSEHOLD’S FINANCIAL AND CONSUMPTION DURING THE IMPLEMENTATION OF MOVEMENT CONTROL ORDER (MCO)

2021 ◽  
Vol 19 (15) ◽  
Author(s):  
Sharmila Thinagar ◽  
Siti Nurul Munawwarah Roslan ◽  
Mohd Khairi Ismail ◽  
Norshamliza Chamhuri
Keyword(s):  
Economic Growth ◽  
Movement Control ◽  
Income Group ◽  
Macro Level ◽  
Economic Risk ◽  
Daily Consumption ◽  
Financial Situation ◽  
Micro Level ◽  
Control Order ◽  
Malaysian Government

The outbreak of COVID-19 caused the Malaysian Government to take steps to implement the Movement Control Order (MCO). According to Bank Negara Malaysia, the implementation of MCO will have an impact on national incomes, with Malaysia’s estimated economic growth in 2020. The effect of MCO not only affects the macro level, but also at the micro level, particularly those groups of households with the lowest income of 40%. (B40). The B40 income group is a group of households that are expected to face high economic risk and directly affect their patterns of consumption during the implementation of the MCO. This study contributes to the empiric study related to COVID-19 and the implementation of MCO in the B40 group. This study analysed the pattern of financial and consumption of B40 households in Malaysia during the implementation of MCO. The findings show that the financial situation of the B40 household has changed the patterns of daily consumption following the implementation of the MCO.

scholarly journals Reconstruction the Major’s Policy in Order to Economic and Poverty Recovery in Pandemic at Pasuruan City East Java, Indonesia

2021 ◽  
Vol 5 (2) ◽  
pp. 160-176
Author(s):  
Ana Fauzia
Keyword(s):  
Social Protection ◽  
Small And Medium Enterprises ◽  
Tertiary Education ◽  
City Government ◽  
Regional Government ◽  
The People ◽  
Employment Agreement ◽  
Unpaid Leave ◽  
Medium Enterprises ◽  
The Impact

The Covid-19 pandemic not only has an impact on the health aspect of the community, but also has an impact on the declining level of the economy and community welfare. Based on data from the Central Statistics Agency (BPS) of Pasuruan City, since the arrival of the Covid-19 pandemic, poverty in Pasuruan City has increased by 0.20 percentage points. The purpose of this study is to analyze how the impact of the Covid-19 pandemic on the economy of the community in Pasuruan City, as well as solutions or policies that can be implemented by the Pasuruan City Government. The method used in this research is normative legal research using the approach of applying the law, conceptual, and case. The results of the study show that the Covid-19 pandemic has had a tremendous impact on various sectors, one of which is the economy of the people of Pasuruan City. So that the situation and conditions need responsive efforts from the Regional Government of Pasuruan City in where the steps from the demand side themselves, could be in the form of (1) tax incentives, loan interest subsidies, and credit restructuring to the firms (including micro, small, and medium enterprises) to jumpstart their activities; (2) employment and income provision for the furloughed (unpaid leave) workers to make sure that the workers have a decent livelihood and to prevent them from falling into poverty; and (3) inclusive protection for the workers, both in terms of social protection and employment agreement. As for the supply side, efforts can be made by (1) increasing access to secondary and tertiary education; (2) enhance the quality of education; and (3) provide training and education for workers and everyone over the lifecycle. So that through this idea it is hoped that it can be a solution for the economic recovery of the community in Pasuruan City due to the Covid-19 Pandemic.

scholarly journals Peter Gresserov-Golovin (1894–1981), My Beloved Slovenia

Monitor ISH ◽  
2015 ◽  
Vol 17 (1) ◽  
pp. 39-78
Author(s):  
Petra Testen
Keyword(s):  
First Generation ◽  
October Revolution ◽  
Ballet Dancer ◽  
Financial Situation ◽  
Ballet Dancers ◽  
The Poor ◽  
The People ◽  
Artistic Work ◽  
Work First

The paper presents the Russian ballet dancer and choreographer, Peter Gresserov-Golovin. Golovin completed his education in his native Moscow and migrated after the October Revolution to Slovenia, where he continued his artistic work. First in Ljubljana and later in Maribor, he participated as a ballet choreographer in many operas and operettas, and proved himself a capable director of music and theatre performances. Between the wars, he maintained the Slovenian ballet despite the poor financial situation and raised the first generation of Slovenian ballet dancers and soloists. In 1971 he was awarded the Order of Merit for the People with silver rays for his contribution to the Slovenian ballet. The last years of his life were spent in Canada, where he gathered his memories about his life and work in Slovenia in a book with the eloquent title Moja ljuba Slovenija – My Beloved Slovenia.

scholarly journals Playing Edcraft at Home: Gamified Online Learning for Recycling Intention during Lockdown

F1000Research ◽  
2021 ◽  
Vol 10 ◽  
pp. 890
Author(s):  
Kin Meng Cheng ◽  
Ah Choo Koo ◽  
Junita Shariza Mohd Nasir ◽  
Shen Yuong Wong
Keyword(s):  
Environmental Sustainability ◽  
Extrinsic Motivation ◽  
Movement Control ◽  
Learning Activity ◽  
Online Classes ◽  
Group Discussions ◽  
The People ◽  
Gamified Learning ◽  
Control Order ◽  
At Home

Background: Gamification is an innovative approach to engaging in activities that people believe as less interesting. Recycling has been an issue not taken aware by the people in environmental sustainability. There are substantial studies on recycling intention due to the continual growth of unethical and unsustainable waste disposal. Creative approaches to recycling awareness activities should be made to fulfil youths’ increasing interest in and demand for recycling. The main objective of this study is to explore the factors related to youths’ recycling intentions after experiencing a gamified online recycling learning activity, Edcraft Gamified Learning (EGL). Gamified recycling education is believed to be a practical and engaging approach for youths. Methods: 100 students participated in EGL, consisting of two levels of plastic crafting and recycling activities. They experienced online EGL at home between May and September in 2020, during the COVID-19 pandemic total lockdown in Malaysia, namely, Movement Control Order (MCO). 29 participants were selected to participate in five focus group discussions (FGDs) with five to eight participants per session to explore their opinions towards gamified learning, motivation and recycling intention. Results: This paper reports the findings of the FGDs. A codebook was developed based on the codes from the FGD feedback. The codes were rated by two raters, followed by an assessment of inter-rater reliability and thematic analysis. The findings emerged and were confirmed with four themes as factors that influence recycling intention. They are gameful experience, social influence, intrinsic motivation, and extrinsic motivation. Conclusion: The dependent variable, recycling intention, was connected to the four themes to verify the conceptual framework. One limitation of the study was the design of the EGL activity, which was only carried out over two days with two levels of gamified recycling education, as students had concurrent academic online classes during that period.

scholarly journals Modelling Financial Wellbeing Among Young Employees in Malaysia During Movement Control Order (MCO)

2021 ◽  
Vol 16 (1) ◽  
pp. 183-189
Author(s):  
Nurul Labanihuda Abdull Rahman ◽  
Noor ‘Izzati Ahmad Shafiai
Keyword(s):  
Work Environment ◽  
Financial Literacy ◽  
Movement Control ◽  
Financial Assistance ◽  
Financial Constraint ◽  
Financial Situation ◽  
Northern Area ◽  
Additional Information ◽  
The Government ◽  
Control Order

Financial wellbeing is important for individuals to have a better life which is achievable by managing their personal finance. In fact, due to the Covid-19 pandemic, Malaysia has witnessed the loss of employment among young employees. Previous research relating to financial wellbeing has focused on the factors which are financial literacy and financial problems towards financial wellbeing. However, financial capability and work environment were not much explored. Therefore, this research will target young employees aged 20-40 who are affected during Movement Control Order (MCO) in the Northern Area. This paper presents the factors that will be examined and several issues on the inconsistent results from previous studies. The findings from this study are important to identify which determinant gives impact to the financial wellbeing and faced by young employees in Malaysia. Furthermore, employers will gain additional information regarding their employees’ financial situation and able to overcome their difficulties. The government will also be able to provide financial assistance or job placement for young employees who are affected by this financial constraint in their life.

scholarly journals Use of movement restrictions during an outbreak of COVID-19 in Selangor, Malaysia

2021 ◽  
Vol 12 (2) ◽  
pp. 51-56
Author(s):  
Anita Suleiman ◽  
Shaari Ngadiman ◽  
Mazliza Ramly ◽  
Ahmad Faudzi Yusoff ◽  
Mohamed Paid Yusof
Keyword(s):  
Public Health ◽  
Movement Control ◽  
Health Department ◽  
Control Measures ◽  
Contact Tracing ◽  
Epidemic Curve ◽  
Imported Cases ◽  
Control Order ◽  
Control Orders ◽  
Public Health Strategies

Objective: Various public health and social measures have been used during the COVID-19 outbreak, including lockdowns, contact-tracing, isolation and quarantine. The objective of this manuscript is to describe outbreaks of COVID-19 in Selangor, Malaysia, the public health strategies used and the observed impact of the measures on the epidemic curve. Methods: Information on all confirmed COVID-19 cases in Selangor between 25 January and 28 April 2020 was obtained. Clusters were identified, and cases were disaggregated into linked, unlinked and imported cases. Epidemic curves were constructed, and the timing of movement control orders was compared with the numbers of cases reported. Results: During the study period, 1395 confirmed COVID-19 cases were reported to the Selangor Health Department, of which 15.8% were imported, 79.5% were linked and 4.7% were unlinked cases. For two main clusters, the number of cases decreased after control measures were instituted, by contact-tracing followed by isolation and home quarantine for the first cluster (n = 126), and with the addition of the movement control order for the second, much larger cluster (n = 559). Discussion: The findings suggest that appropriate, timely public health interventions and movement control measures have a synergistic effect on controlling COVID-19 outbreaks.

scholarly journals ASSESSING THE SITUATION AND PROPOSING THE SOLUTIONS TO MANAGE AND CONSERVE GEOSITES IN HA TIEN-KIEN LUONG AREA

2011 ◽  
Vol 14 (4) ◽  
pp. 62-74
Author(s):  
Ngan Truong Nguyen ◽  
Thanh Cong Tran ◽  
Hai Quang Ha
Keyword(s):  
Financial Planning ◽  
Human Impacts ◽  
Actual State ◽  
Community Consultation ◽  
Current Management ◽  
Number Of Solutions ◽  
Policy Rules ◽  
The People ◽  
Aesthetic Values ◽  
Management And Conservation

Thanks to its geodiversity, the Ha Tien – Kien Luong area has several geosites of great scientific, economic, social, educational and aesthetic values. Some geosites were recognized as national beauty spots, and they have been exploited for tourism. However, many of them have been degraded by the natural and human impacts. Research methods including field study, interviewing the people, specialist consultation, and reference to international experiences were used to evaluate the actual state of the geosites. Results of this study determined the current management and conservation of five geosites including Mui Nai, Thach Dong, Da Dung, Hon Chong and Moso. The authors proposed a number of solutions of management models, policy rules, financial planning, community consultation and education, and cooperation.

scholarly journals Maslahah Yang Bersumberkan Sunnah Nabawiyyah dan Pengaplikasiannya dalam Garis Panduan Pembukaan Semula Sekolah Akibat Covid-19 (Maslahah Sourced from Sunnah Nabawiyyah and its Application in the Guidelines for School Reopening Due to Covid-19)

2021 ◽  
Vol 8 (2) ◽  
pp. 79-93
Author(s):  
Afnan Faiz Ridzuan Ahmad ◽  
Jasni Sulong
Keyword(s):  
Public Schools ◽  
Field Research ◽  
Movement Control ◽  
Standard Operating Procedure ◽  
Well Being ◽  
Ministry Of Education ◽  
Human Beings ◽  
The Public ◽  
The People ◽  
Control Order

T The Movement Control Order (MCO) was declared by the Malaysian Government on 18 March 2020 to avoid the transmission of the Covid -19 infection.  The MCO was continued until phase four and then commenced to the Conditional Movement Control Order (CMCO) which was less restrictive starting 4 May 2020.  For the first two months of the implementation of the MCO, all business premises, places of worship and educational institutions were closed totally to the public. schools were reopened in stages during the CMCO following the advice of the Ministry of Health (MOH).  The objective of this research is to do an analysis of the maslahah element which was applied in the management of the reopening of schools according to the Sunnah Nabawiyyah perspective.  This research was conducted using the qualitative method which involved literature and field research.  By analyzing the primary documents released by the Ministry of Education (MOE) and the feedback posted by the mass media, the research found that the maslahah element such as maslahah daruriyyah, dunyawiyah and khassah are already implemented by the MOE in the preparation of School Reopening Management Guidelines.  This element was aimed specifically in order to safeguard the health and the well-being of the students and the teachers.  Even though education is important and mandatory for all, yet the constraints faced by the people concerned are equally important. Thus, the Standard Operating Procedure (SOP) is for the sake of making sure the well-being of school community is assured from the disease. Therefore, the guidelines of school reopening are in line with the Islamic approach based on the discussion of maqasid al-syari'ah which is to realize maslahah for human beings and avoiding any bad circumstances.

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