مطالب

As a key tool in implementing monetary policy and government financing, government bonds play an essential role in financial markets. By means of Islamic financial innovations in the Islamic capital market, the instrument of Islamic treasury bill is published and tradable in the over-the-counter market. Islamic treasury bills have many risks in terms of execution, including the ease of trading and liquidity in the secondary market. Therefore, this research aims to examine some microstructural elements of government bonds using a vector autoregressive model. In this article, the effect of trading volume on bid-ask spread of orders has been investigated. To survey the impact of these variables, the vector autoregressive (VAR) model has been used on intraday data of 17 symbols of Islamic treasury bills in the over-the-counter market, which had the most trading days from 2021 to September 2023. According to the studies, there is a significant relationship between the trading volume and bid-ask spread only in Islamic treasury bills with long-term maturity. Therefore, the effect of the bid-ask spread of orders in different periods is greater than the trading volume, especially in longer-term Islamic treasury bills. Hence, in this research, by analyzing the impulse response function, if there is a shock on the variables, the effect of the trading volume's shock remains for several periods and affects unremarkably the bid-ask spread of orders in most of the short-term and long-term Islamic treasury bills, while effects of the bid-ask spread shocks during initial periods for long-term and short-term Islamic treasury bills is excellent, but decrease sharply during the following periods. These results help traders pay attention and reduce the risk of trading in the over-the-counter market, specifically the long-term treasury bills.

Purpose- Undoubtedly, the correct performance of any activity and the successful performance of any role in the field of handicrafts depends on the interest and motivation of the workers to get familiar with its skills and methods and to use the special methods of that technique in the production of products. Baghlan province which is located in the northeast of Afghanistan, about 50% of the population of this province is women, and recently, most of the rural women of this province have turned to the handicraft industry of Balochi to improve their income. Therefore, this study was conducted to investigate the production status of the handicraft industry of Balochi women and the role of motivating factors of job performance and job satisfaction on the development of the handicraft industry of Balochi.Design/methodology/approach- The main research tool was a questionnaire the validity of which was confirmed by the lecturers of the agricultural extension and economics and the department of sociology of Baghlan university, and Cronbach's alpha confirmed its reliability. The statistical population was all the rural women working in the handicraft industry of Baghlan province, which was selected by purposive sampling (192) samples.Finding- Results showed that all three independent variables, motivational factors, job performance and job satisfaction have a positive and significant effect on the development of the handicraft industry of Balochi women, and explained 59% of the changes in the dependent variable. So, with confidence, it can be said that increasing motivation, job performance and job satisfaction lead to the development of the needlework industry among rural women.Originality/value– The results of this study, especially concerning due to the lack of sufficient and appropriate empirical literature in Afghanistan, can play a major role in providing correct insight to the rural development officials, job creation and poverty reduction in Afghanistan.

Purpose- Fish farming is an important source of Livelihood and nutrition for several people involved in fishing activities in Nigeria. This study aims to assess the Livelihood characteristics of the fish farmers in Ilorin, Kwara State, Nigeria.Design/methodology/approach- The study was carried-out in Ilorin Kwara State, Nigeria. Ilorin is the Capital of Kwara State. The Research involved a 3-stage sampling procedure. The first stage involved a purposive selection of two (Ilorin East and Ilorin West) Local Government Areas in Ilorin due to the prevalence of fishing activities in the area. The second stage involved a purposive selection of five fishing settlements along the river bank in each of the two local Government Areas and the third stage involved the random selection of ten fish farmers within the fishing settlements. A total of 150 fish farmers were randomly selected for this research work. Descriptive statistics such as frequency count, percentage, and mean were employed to analyze the data. The questionnaire was the instrument used for data collection.Findings Findings: The findings showed that involvement in other income-generating activities (mean=3.81) was the highest-ranked financial asset. Owned/leased fish ponds (mean=3.51) was the highest-ranked physical asset. The ability to network with the extension agents/experts for fish production (mean=3.61) was the highest-ranked social asset. Physically fit to carry out the fish production activities (mean=3.73) was the highest-ranked human asset. Access to water for fish production (mean=3.70) was the highest-ranked natural asset. The overall Livelihood status of the fish farmers was High (mean=3.38).Originality/value: This study is important as it would provide up-to-date information on the livelihoods of fish farmers which would drive the governments’ policy and interventions towards the fish farmers in Nigeria.  Also, the Agricultural extension programme aimed to improve fish farmers’ livelihood outcomes in fish production in Kwara State, Nigeria should improve their skills and information on areas of need which include pond water treatment, construction, and maintenance were the leading information needed by fish farmers, and to help the fish farmers overcome the factors limiting their production. 

Purpose- The agricultural insurance fund plays a crucial role in rural areas and agricultural sector. Evaluating the performance of this fund can better identify its effectiveness and challenges. This study aims to evaluate the effectiveness and efficiency of the agricultural insurance fund in the development of rural areas in Shiraz County.Design/methodology/approach- This descriptive-analytical research is based on data collection through a survey. The data collection tool was a researcher-made questionnaire. The validity of the questionnaire was confirmed by experts, and its reliability was verified with a Cronbach’s alpha coefficient greater than 0.70. The statistical population consisted of rural residents totaling 55323 individuals. Based on Cochran’s formula, the sample size was determined to be 382 individuals.Findings- The test results, at a significance level less than 0.05, indicated that the Agricultural Insurance Fund had poor efficiency in rural development from the perspective of rural residents. The average test result of 2.404 also confirms this finding. Despite its poor performance, the fund’s highest effectiveness and efficiency were related to promoting social justice with an average score of 2.609. Furthermore, analysis of variance showed no significant difference between rural areas regarding the performance status of the Agricultural Insurance fund at a level greater than 0.05 but equal to 0.774. It is also predicted that the Agricultural Insurance Fund may have an impact on the situation of rural areas. According to the regression results, support for the expansion of greenhouse cultivation with a beta value of 0.349 has been the most important factor in the effectiveness of the fund.Research limitations/implications- challenges related to data collection access and significant costs complicated this research endeavor. To mitigate these negative impacts, villages with larger populations were prioritized for inclusion.Practical implications- Sustainable rural development in agriculture hinges on various forms of managerial support from entities like the Agricultural Insurance Fund. Dynamism in this area can expedite development.Originality/value- Despite being relatively overlooked, evaluating the performance of Agricultural Insurance Funds can highlight positive aspects for managers and specialists due to their importance. The villages within the research scope also provide value and authenticity to this study.