Islamic finance PowerPoint Presentation Example | Topics and Well Written Essays - 1500 words

Islamic finance - PowerPoint Presentation Example sooner Islam asks for an equitable distribution of wealth so that all members of society can prosper together. Concentration of wealth in a few hands is not desirable. Islam strikes a balance between conventional socialism and capitalism. One allows only for private ownership, while the other negates it outright. It is the Islamic way that has sought a highway between the two extremes for the betterment of man. Unlike conventional systems, Islam recognizes only 3 factors of production which include capital, shore and labor. The returns gene directd from the combination of these three are distributed accordingly. Capital gains return in the attain of profits, land in the form of rent and labor in the form of wages. Islamic Contracts Islamic shortens govern the business conventions on how bargain transactions mustiness be prefaceed into. First of all, the trade must be permissible in the demoralise of Shariah. It cannot contain any element of Riba, Gharar, Mysur, Haram etc. Secondly, there are many conditions which must be execute in order for a contract to be rendered valid. They include A condition which is not against the contract is a valid condition A condition which seems to be against the contract, but is normal grocery practice, is no void unless proved in the light of Shariah. A condition which seems to be against the contract and not market practice but favors any one participant is void. A condition which is against the contract, not market practice, and doesnt favor anyone is a void condition. Sales in Islamic finance The concept of sales in Islam is the exchange of a thing of value with another thing of value. However, it is very strict on the heart and soul principles of sales. In the contract, there must be offer and acceptance for the contract to be executed. Furthermore, the individuals must be sane and of proper age to enter into agreements such as this one. The commodity/as garnish u nder reflexion must exist. It must also draw some intrinsic value to as to cater to the sale. Furthermore, it should be capable of showing ownership. For example, no one can point to the moon and claim that they own it. It exists, and must have some value. But since it cannot be owned, it cannot be transacted. Furthermore, the asset must be deliverable to the buyer, the amount and quality must be aforementioned. The price of the trade must be addressed at the bewilder so as to avoid any misunderstandings between the parties. Lastly, either physical or constructive will power of the asset must be taken in order to render the sale complete. Modes of Islamic Finance The modes of Islamic Finance, while seemingly like their conventional counterparts, are free from all the Haram (unlawful) ways which have been prohibited in Islam. Following are the types of Islamic Financing 1. Musharakah In a Musharakah agreement, two parties muster up together to form an alliance for commercial en terprise and share the profits according to a set ratio. This is decided at the time of entering into the alliance. However, if a loss occurs then the parties distribute that according to the rate of participation of initial investment from each individual. There are two explicit types of Musharakah. In the firstly type, the partnership arises out of a joint ownership of an asset. For example, two brothers inherit their fathers sugar cane factory. Hence they become partners through the joint ownership which exists. The second kind is via contracts. In this case, the two individuals enter into an

What are the major ethical issues associated with conflict in the Research Paper

What are the major(ip) honourable issues associated with conflict in the contemporary oeuvre - Research Paper ExampleDrug interrogatory is one of the areas that feces lead to ethical issues in the workplace. The use of drug testing in the workplace burn create an environment where employees are in constant conflicts with the management (Sterba, 2009). For instance, the management of a hearty can insist that workers undergo drug testing even when they do not want. This practice can be forced without mutual agreement with employees being threatened by their employers. All these instances present ethical scenarios that undermine relations in the workplace.Falsification of information is also another area that depicts the extent of ethics within a business organization (Chonko, 2000). Conflict can arise between workers and their employees because of falsified information. For instance, an employee can fix information to receive a promotion or to portray others on the wrong thus leading to conflicts.Sexual harassment represents another area of ethical busy in a work place. concord to Allhoff and Vaidya (2008), sexual harassment entails the harassment of people in a sexual manner. This practice is of ethical concern given that it moral permissibility in a workplace is debatable. With sexual harassment, the relationship between perpetrators of this act and their victims can suffer and translate to reduced interactions at work. It can also lead to limited commitment at work. In the workplace, sexual harassment can occur when workers touch their colleagues with approval in a sexual manner. It may also mean compromising with other workers by forcing them into sexual acts for them to receive favors.Lack of equity can be considered as another area that presents ethical issues. In a business environment, workers pack to be treated fairly like others workers. Unfair treatment can affect the morale of workers and leads to spunky turnover of workers. As an examp le, the

BUSN300 Unit 1IP Research Paper Example | Topics and Well Written Essays - 750 words

BUSN300 Unit 1IP - enquiry Paper ExampleEmission of harmful gases damages the ozone layer that is responsible for absorbing harmful radiations of the sun. This leads to step-up in the overall temperature of nations atmosphere. The main culprit of global melting is carbon dioxide and its variants that be introduced in the earths atmosphere by human activities.The most potent argument devoted in this regard is that there is clear leaven that the temperature of the earth has increased over the last century. The temperature of the earth is increasing and this is creating climatic mental unsoundness which has harmful effects for the natural habitat. People who consider global warming a serious threat argue that the change in climatic conditions of the world is clear evidence of the validity of global warming.Another reason why global reason is considered a serious burden by many is that icebergs all over the planet are melting. This melting of icebergs is leading to increase in the water levels of seas and oceans, and this can have disastrous effect on climate and natural life (Venkataramani, 2004). This has likewise led to the increase in occurrences of floods all over the world. Increase in water levels also creates imbalance of salty and fresh water in oceans which also leads to grave climatic issues. Melting of icebergs is also seen by many as proof of the existence of global warming phenomenon.Global warming is also considered a serious issue because it can be explained very well from the human activities in the 20th century. In 20th century, human beings have increases combustion of fossil fuels and in the same period earths temperature has increased. This correlation is considered by many as evidence that the phenomenon of global warming is real and can be explained through human activities in the 20th century.Many believe that global warming should not be taken seriously because the temperature of the world

All activity in learning guide needs to be done eg group blog, Research Paper

All activity in learning guide needs to be done eg group blog, Activity, WIKI ENTRY, JOURNAL ENTRY - Research theme ExampleStructural changes that build trust, stability in employment, and associability can foster organizational mixer capital. Organizational that use job security provisions or at least provide an intellect that practices like downsizing be a last resort rather than a first pulsation to cost cutting, are much likely to build high stocks of organizational social capital (Sims 57). Sims (67) explains that morphological change and reorganization of teams ensures organizations are more likely to achieve superior performance in adjourn because they have better connected deedforce (structural dimension of social capital) in part because they have employees who are more attached to the organization (relational dimension) and in part because employees share knowledge and develop collective work strategies (cognitive dimension).Enterprise bargaining involves the sett ing of wages and other employment conditions through negotiations centered on a particular business. It provides employees with improved mechanisms for tailoring conditions to the particular circumstances of their enterprise. The main benefits employers gain from making an enterprise agreement is that they are able to avoid the operation of otherwise applicable awards, and can create customized and standardized price to meet the needs of their particular workplace (Mukherjee & Kumar 123). It often involves modifying or even excluding certain award conditions, which is permissible so long as the employees in question are not disadvantaged. Enterprise bargaining agreement can help firms move closer to best practice by increasing the incentives to introduce more efficient and management practices. Enterprise-based bargaining provides an opportunity for employers to trade-off wage increases for changes in work places, thereby potentially creating high-performance environment.Workplace changes

Security Plan for ABC Information Systems Research Paper

credential image for ABC study Systems - research Paper ExampleSecurity Plan for ABC Information Systems no of words Unit name Students name Student number Study outcome DECLARATION This project is an original one and not a duplicate from a different system. No duplication or any reproduction of this warrantor object information system document should be done without permission from the author. Candidate Supervisor.. Sign. Date. ... oldings..14 Physical counter- measures.14 Human counter- measures..15 Electronic counter- measures..15 Security education and awareness programme...16 Conclusion19 Recommendation..19 Security Plan for ABC Information Systems Introduction An information system forms a fundamental component in the provision of communication function to human beings. Based on the definition, it is quite prevalent that the input of raw info, output and feedback are somewhat of the components of an effective information system (Bentley & Whitton, 2007). According to the discipline of computer sciences and information technology, an information system canful be defined as the combination of software, hardware, telecommunications, human resources, procedures and policies used in the organization to convert data to useful business information and databases. This paper will discuss a probable security plan for ABC information systems. Background information of ABC ABC has a well established security team which aims at overseeing the security of the information systems in both deliberate and accidental threats. The implementation and maintenance of information systems within organizations is extremely expensive. However, adequate planning enables the organization to develop an effective information system. Research asserts that most organizations spend approximately 6% of their total gross income in developing and maintaining an effective

An analysis of the current and future use of internet technologies of Essay

An analysis of the current and future utilisation of internet technologies of Hallmark Cards - Essay ExampleHowever, the suitability of such company driven technological initiatives will compute on how the effectiveness of the internet applications in meeting the set goals and objectives (Smith and Kidd 2000, p 45-50).The internet has basically changed mercantilism (Smith and Kidd 2000, p 45-50). The most basic forms of communication such as written and verbal communication in the midst of a business and its consumers and suppliers have been changing. Electronic communication, in the form of the internet, keeps on changing the commercial action at law for consumers and businesses. E-commerce can therefore be defined as the sharing of product and service reading, developing and improving human business relationships, while transacting business over the internet (Canzer 2006 p. 97-99).Hallmark was founded in 1910 and is currently the military personnels most well-known producer of address cards. Hallmark creative artists produce several designs for greeting cards and other products each year. The greening cards and other products are produced in 38 unhomogeneous languages and are sold to more than 100 countries in the world (Regan 2009 p. 150-159).At hallmark, an advertising e-business model is found on earning revenues in exchange for the placement of advertisements on the firms website. Just like tralatitious media such as television, newspaper and radio, advertising in the internet involves advertisers support of distributed online entertainment or information likely to be accepted by consumers, who see advertising as the cost they have to notice to receive free content online. The internet provides Hallmark with the opportunity to create unique design and fundamental interaction with the targeted audience (Pierce 2005 p 18-23).The advertising model in the internet has necessitated the entry of microscopic production studios and small entertainme nt artists who seek to get advertising revenues as well as to put up for sale their products online. There are no

European Integration Essay Example | Topics and Well Written Essays - 2250 words - 3

European desegregation - Essay ExampleIt was through this European Integration Roundtable of Industrialists is that the transnational corporations tried to influence the European integration process, the nineteen eighties. It was this ERT forum from where a number of industrialists of Europe helped in the forming of agenda and the re-launching of the atomic number 53 merchandise program. This also led to the development of transnational elite capitalists you brought in a number of neo-liberal concepts and ideas which eventually helped the geological formation of a single market program.Adriaan H. Dierx(2004, p. 237) states The process of European integration and the past decade has been closely associated with the single market program (now evolved into the internal market strategy) and economic and monetary union. This process has been pushed forward by exceedingly publicized deadlines and target dates giving the first impression of abrupt intensify in the economic environment . In practice, however, businesses and consumers tend to anticipate such change and modify their behavior even before the formal change is made. On the other hand, often the full impact of the economic reform is felt only years after their introduction. This implies that European integration as a continuous process, one in which the speed of leave may be affected by policy initiatives such as the SMP and the EMU and which takes place in conjunction with other events influencing the behavior of economic agents and the performances of the economy, such as globalization or the ICT revolution. The ERT can be viewed as an elite comprising of trans-national capitalists who have neoliberal concepts and who occasionally takes part in the social struggle for control condition in the European culture. Europe is not is becoming a part of the global economy, politically and financially. therefore the businesses in Europe are transforming to globalized and transnationalised businesses.There are basically three large economic blocks in the worldUSA, Japan, and Europe.