• Structural Engineering and Mechanics
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• v.81 no.4
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• pp.493-502
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• 2022

Shear lag phenomenon has long been considered in numerous structural codes; however, the AISC provisions have now no longer proposed any unique equation to calculate the shear lag ratio in bolted connections for angles in general. It is noticeable that, however, codes used in this case are largely conservative and need to be amended. A parametric study consisting of 27 angle sections with equal legs and different with bolted connections was performed to investigate the effects of shear lag on the ultimate tensile capacity of angle members. The main parameters were: steel grade, connection length and eccentricity from the center of the plate, as well as the number of rows of bolts parallel to the applied force. The test results were compared with the predictions of the classical 1-x/l law proposed by Mons and Chesen to investigate its application to quantify the effect of shear lag. A parametric study was performed using valid FE models that cover a wide range of parameters. Finally, based on the numerical results, design considerations were proposed to quantify the effect of shear lag on the ultimate tensile capacity of the tensile members.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.1
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• pp.91-100
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• 2020

This study aims to find out the legalization status of a central Shariah regulatory authority for the Islamic banks in Bangladesh. In this regard, the central bank can legalize the existing Centralized Shariah Board for Islamic Banks of Bangladesh (CSBIB) or form a new Centralized Shariah Supervisory Board (CSBB) under the management of the central bank in Bangladesh. Based on the data obtained by the semi-structured interviews, this research finds diversified opinions regarding the legalization of CSBIB or the formation of a new CSBB. Initially, without the law, it would be difficult to form CSSB under the central bank as the Islamic banks and banking environment are still not ready. In addition, it is difficult to legalize the existing CSBIB because the format of its structure is different from the CSSB structure in Malaysia and Bahrain. The existing banking company act authorizes the central bank to provide circulars regarding banking issues and it will be considered as an act. The central bank can legalize the existing CSBIB or form a new CSSB through a circular which will be helpful to monitor the overall Shariah issues. The presence of a CSSB will fulfill the expectations of all Islamic banks, and the concerned stakeholders.

• Steel and Composite Structures
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• v.37 no.1
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• pp.99-115
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• 2020

This article deals with the dynamic analysis in pad concrete foundation containing Silica nanoparticles (SiO₂) subject to seismic load. In order to control the foundation smartly, a piezoelectric layer covered the foundation. The weight of the building by a column on the foundation is assumed with an external force in the middle of the structure. The foundation is located in soil medium which is modeled by spring elements. The Mori-Tanaka law is utilized for calculating the equivalent mechanical characteristics of the concrete foundation. The Kevin-Voigt model is adopted to take into account the structural damping. The concrete structure is modeled by a thick plate and the governing equations are deduced using Hamilton's principle under the assumption of higher-order shear deformation theory (HSDT). The differential quadrature method (DQM) and the Newmark method are applied to obtain the seismic response. The effects of the applied voltage to the smart layer, agglomeration and volume percent of SiO₂ nanoparticles, damping of the structure, geometrical parameters and soil medium of the structure are assessed on the dynamic response. It has been demonstrated by the numerical results that by applying a negative voltage, the dynamic deflection is reduced significantly. Moreover, silica nanoparticles reduce the dynamic deflection of the concrete foundation.

• Steel and Composite Structures
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• v.32 no.2
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• pp.239-252
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• 2019

Since conical sandwich shells are important structures in the modern industries, in this paper, for the first time, vibration behavior of the truncated conical sandwich shells which include temperature dependent porous FG face sheets and temperature dependent homogeneous core in various thermal conditions are investigated. A high order theory of sandwich shells which modified by considering the flexibility of the core and nonlinear von Karman strains are utilized. Power law rule which modified by considering the two types of porosity volume fractions are applied to model the functionally graded materials. By utilizing the Hamilton's energy principle, and considering the in-plane and thermal stresses in the face-sheets and the core, the governing equations are obtained. A Galerkin procedure is used to solve the equations in a simply supported boundary condition. Uniform, linear and nonlinear temperature distributions are used to model the effect of the temperature changing in the sandwich shell. To verify the results of this study, they are compared with FEM results obtained by Abaqus software and for special cases with the results in literatures. Eigen frequencies variations are surveyed versus the temperature changing, geometrical effects, porosity, and some others in the numerical examples.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.201-211
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• 2021

This study aims to analyze the determinants of macroeconomic and institutional stability on the development of the global sukuk market by controlling the effects of population. This study uses panel data namely GDP per-capita, exchange rate, and inflation as the proxies for macroeconomic stability sourced from the World Development Index, and six dimensions of Worldwide Governance Indicators (WGI) as institutional proxies sourced from WGI-World Bank. To make robust the relationship between macroeconomics and institutional on the global sukuk market, the population (POP) variable was included as a control variable. The development of sukuk uses a proxy for sukuk issuance in the International Islamic Financial Market, for the annual period from 2002-2017. The data was analyzed using the General Method of Moment, and the results show that by controlling the population effects that proved to be significant, GDP per-capita and the rule of law have a significant impact on the development of sukuk, especially when incorporating population effects as control variables, whereby further ascertaining the effect of each macroeconomic-stability variable and institutional stability on sukuk development, especially inflation, found not to affect sukuk development. These results also confirm the previous findings, whereby inflation remains controllable at a certain level for economic development.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.7
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• pp.111-120
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• 2021

Takaful, which is an Islamic insurance instrument, manages risks in business, according to Shariah (Islamic law) principles and offers risk protection and savings assets. The study analyzes the comparative efficiency of takaful insurance companies by implementing empirical research. The study also provides a comprehensive literature review on the efficiency analysis of the takaful industry. The empirical part presents a wide range of efficiency comparisons of 41 takaful insurance companies in 16 countries between 2009 and 2014. The data enveloping analysis technique is utilized using the rDEA package in the R environment to compute the efficiency score. In the study, the technical efficiency, overall technical efficiency, and pure technical efficiency are calculated and compared per year and per country. The findings of the study suggest that the overall average efficiency scores of takaful companies are considerably high. The study results also indicate that the excess in the consumption of inputs decreases while the deficit in achieved outputs has been declining in the covered period. The study suggests the managers of the takaful companies can use the target efficiency scores, which are calculated by using the DEA analysis, as an ideal reference benchmark for planning their inputs and outputs.

• Journal of the Korean housing association
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• v.26 no.6
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• pp.53-60
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• 2015

This study identifies the common problems faced by the owners of strata titles, the Management Corporation, the Joint Management Body, the Commissioner of Building (COB) as well as the Managing Agent being the stakeholders in managing strata properties. The methods employed are qualitative in nature. Analysis is done based on reports published by the relevant authorities dealing with strata residential properties as well as the case law as reported in the two leading journals in Malaysia such as the Malayan Law Journal and the Current Law Journal. The types and nature of problems are derived from the annual reports. The extent of the problems is determined based on the figures and supported by observation and interviews with the COB, being the agency directly involved in overseeing and monitoring strata properties management. The findings show that a substantial number of problems exist in the management of strata properties despite a law that allows the owners to self-managed their own properties. Having stated the status quo concerning the problems, the study also looks at the various means of resolving disputes as exist under the Malaysian housing system. The study proposes that alternative dispute resolution (ADR) modes are more appropriate in ensuring the sustainability of strata living and management.

• Structural Engineering and Mechanics
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• v.53 no.3
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• pp.575-587
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• 2015

This paper focuses on vibration analysis of functionally graded cylindrical shell submerged in an incompressible fluid. The equation is established considering axial and lateral hydrostatic pressure based on first order shear deformation theory of shell motion using the wave propagation approach and classic Fl$\ddot{u}$gge shell equations. To study accuracy of the present analysis, a comparison carried out with a known data and the finite element package ABAQUS. With this method the effects of shell parameters, m, n, h/R, L/R, different boundary conditions and different power-law exponent of material of functionally graded cylindrical shells, on the frequencies are investigated. The results obtained from the present approach show good agreement with published results.

• Structural Engineering and Mechanics
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• v.75 no.6
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• pp.659-674
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• 2020

The present paper employs nonlocal strain gradient theory (NSGT) to study buckling behavior of functionally graded magneto-electro-thermo-elastic (FG-METE) nanoshells under various physical fields. NSGT modeling of the nanoshell contains two size parameters, one related to nonlocal stress field and another related to strain gradients. It is considered that mechanical, thermal, electrical and magnetic loads are exerted to the nanoshell. Temperature field has uniform and linear variation in nanoshell thickness. According to a power-law function, piezo-magnetic, thermal and mechanical properties of the nanoshell are considered to be graded in thickness direction. Five coupled governing equations have been obtained by using Hamilton's principle and then solved implementing Galerkin's method. Influences of temperature field, electric voltage, magnetic potential, nonlocality, strain gradient parameter and FG material exponent on buckling loads of the FG-METE nanoshell have been studied in detail.

• Smart Structures and Systems
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• v.23 no.3
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• pp.215-225
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• 2019

In the present paper, the nonlocal strain gradient refined model is used to study the thermal stability of sandwich nanoplates integrated with piezoelectric layers for the first time. The influence of Kerr elastic foundation is also studied. The present model incorporates two small-scale coefficients to examine the size-dependent thermal stability response. Elastic properties of nanoplate made of functionally graded materials (FGMs) are supposed to vary through the thickness direction and are estimated employing a modified power-law rule in which the porosity with even type of distribution is approximated. The governing differential equations of embedded sandwich piezoelectric porous nanoplates under hygrothermal loading are derived through Hamilton's principle where the Galerkin method is applied to solve the stability problem of the nanoplates with simply-supported edges. It is indicated that the thermal stability characteristics of the porous nanoplates are obviously influenced by the porosity volume fraction and material variation, nonlocal parameter, strain gradient parameter, geometry of the nanoplate, external voltage, temperature and humidity variations, and elastic foundation parameters.