Islamic Finance & Critical Success Factors Essay Example for Free

Islamic Finance Critical Success Factors Essay I Would like to take this opportunity to thank all those people who contributed their time and effort and provided their insight in enabling the compilation of this report, it is with much regret that all of their names cannot be mentioned individually here, however special mention needs to be made of certain individuals, without whose input this report would have not been possible. Mr Baratha Devanarayana course coordinator and project supervisor of the Advanced Diploma in Business Management programme at the National Institute of Business Management (NIBM) for the support and advice given in content structuring and format design of the report. Would also like to mention Mrs Zeti Akhtar Aziz, Governor of Bank Negara Malaysia and Mrs Shamshed Akhtar, Governor of the State Bank of Pakistan whose knowledge and valuable insight on the Islamic finance industry as leading professionals in the field have provided the basis on which the compilation of this report has been made possible. Executive Summary Islamic finance is a financial system based on Shariah law or Islamic law which mandates the prohibition of charging or payment of interest encourages risk and profit sharing between all parties to a contract and emphasizes the need of ethical investment which contributes to the greater good of society as a whole. Islamic finance is now one of the fastest growing financial segments in the international financial system today with an estimated annual growth rate of 15 to 20%. Industry assets worldwide are currently estimated to be between $1. 3 trillion and its industry assets and overseas portfolios are estimated to reach 4 trillion in the medium term. Diverse financial products and services, progress in developing regulatory frameworks and enhanced international linkages are driving industry growth. The critical success factors for Islamic finance to foster the growth of the industry, the application of these critical success factors and there potential applicability in the Sri Lankan context will be analysed, a comparison between Islamic finance and the conventional system on some basic indicators for competitiveness, social development and development finance will be made and the Sri Lankan and regional potential of Islamic finance will be analysed as the research undertaking of this study. The progress that has been made on certain aspects of the Islamic financial system both locally and globally, the importance of Sri Lanka fostering the growth of the Islamic finance industry are some of the issues discussed in this study. As a prelude to the research part of this study the recent developments of Islamic finance both globally and locally and the historical development of Islamic finance will be looked at to facilitate an understanding on how the system has evolved from a single institution a few decades ago to a global industry with a global presence spreading from the Middle East to Asia and the West.

Health and Safety in a Computer Room :: Workplace Health and Safety

Health and safety in a computer room is very important as the misuse of the computer room may lead to certain problems both physically and mentally. Using a computer for a long period of time can affect your health in different ways. The following report will contain details about the health and safety risks in using the computer and how to combat them, and a study of the Laws & Guidelines Health and Safety risks and ways to combat them 1. RSI- RSI stands for repetitive stain injury. Doing the same thing for a long time can cause this. 2. Eyestrain- this is when you look at a VDU screen for a long time. Particularly at looking at a flickering screen or in bad light of glare. 3. Stress- this occurs when you are too concentrated on something. It is the feeling of anxiety fear, anger, frustration and depression. 4. ELF radiation- Elf stands for extremely low frequency. Electro-magnetic fields cause this. VDU screens give out radiation at the back and sides. Pregnant women are at most at risk. 5. Lose wires- are a hazard as anyone may trip over the wires and fall over Ways to combat the mentioned problems 1. RSI- The risk of RSI can be minimised if a computer user is able to sit in a comfortable, upright position when working. To be able to do this they need adjustable chairs and tables, wrist pads, and footrests. 2. Eye strain- One way to avoid eyestrain is to look out of a window at a distant object every once in a while. 3. Stress- Do stress relieving exercises. 4.

Your Favourite Hobby

YOUR FAVOURITE HOBBY Introduction: Hobby means any form of amusement or pleasant occupation. It is also a pleasant pastime, which breaks the monotony of routine life. It refreshes one’s mined as well as body after toile. Hobby is not one’s main profession but it is not less important than one’s main business. Man runs his main business out of sheer necessity but man pursues hobby for sheer delight. In our practical life, every man has a hobby and every man should have a hobby in his life.Choice of hobbies: Different people have different choice of hobbies. Example of some popular hobbies are such as, gardening, reading, fishing, hunting, painting, singing, sewing, doll making, flowering making, sculpture making, coin collecting, angling and so many. Hobbies of great men: If we study the history of great men of the world, we will find that almost every had a hobby. Depending upon that hobby everyman enjoys pleasure and refreshness. Many great men of the world had their hobbies.They took the hobbies as the ways of removing the monotony of their lives. Alexander, Washington, Napoleon, Tolstoy, Rabindranath, Bernard Shaw- all had their hobbies. My hobby – gardening: I am a student. Though my main function is to study, I have a hobby. My favourite hobby is gardening. There is a small piece of land in front of my reading room. I am very lucky to have a plot of land for my garden. I have decided to make a garden there. So I clean it and fence around it.I have to work hard for my garden. At first, I make the soil loose with the help of a spade. When the soil is ready, I plant various types of flower plants and sow seeds there. When many seasonal flowers bloom in my garden, fragrance fills the air and comes into our house. The pleasant hue of the flowers dazzles my eyes. It reminds me the lines: – â€Å"Mind is your garden, Ideas are your seedsLife is the season To sow all your needs. † My activities in the garden: I work in my garden in the morning and in the evening. I make the soil loose with spade and weed out the grass. I plant new flower plants in it. I water the plants and take good care of them. I am happy to do all these with my own hands. The reason foe selecting: Among all other hobbies, I have chosen gardening as my hobby because it gives me more pleasure than any other things.I need physical exercise because of making my body active and strong. If I work in the garden, I do not need extra physical exercise. Considering above-mentioned argument, I have selected gardening as my favourite hobby. Usefulness: I have got much benefit from my garden. Before making my garden, I was sick and weak. But now, my health has been improved as I work in my garden. As a result, I posses a sound health. I give flowers to my neighbours to decorate their houses and gates on some special occasions. Then I become very glad and happy.Besides, I grow vegetables in my garden, which saves a lot of family expenses. Con clusion: My hobby is a source of joy and pleasure, health and wealth to me. It makes my life enjoyable. Really, I am very happy and delighted choosing a hobby like gardening. So I think everybody should have a hobby to make his life happy and merry. But we should guard ourselves against those hobbies, which have no practical utility in life. This is why I keep a harmony between my hobby and duty so that my hobby would be meaningful in my practical life. THE END

Civil War And The Abolition Of Slavery Essay - 1473 Words

An important question to ask is what really is liberation, and who does it apply to? Liberation is defined as â€Å"an act of setting someone free from imprisonment, slavery or oppression† (dictionary.com). The importance of liberation is having ‘freedom’ from any subjugation, but that freedom has been taken away slowly, and instead hurdling forward towards a time where capitalism is more important than freedom and equity. Keeanga- Yamahtta Taylor questions, â€Å"What would constitute the ‘radical reconstruction’ of American society?† After the Civil War and the abolishment of slavery, people were heading towards a new time of Radical Reconstruction (1865-1877). But, opportunities for former slaves had been sabotaged by the Compromise of 1877. From then the Black community were left exposed and unprotected by terrorists racial groups (Robinson). To go forward, and away from such oppression, movements have been created to cease unfair treatment s from theses racial groups. In recent years, Black Lives Matter has been the slogan to stop and fight against the brutality that affected African Americans for generations. Today, history is repeating itself, or that it has never been fully resolved. With the recent Presidential election of Donald Trump and his bigotry viewpoint against communities (black, gays, females, immigrants, etc.) will reconstruct a prejudice society, increasing the troubles of the United States. Black liberation is not only for Black people, but also for those whoShow MoreRelatedThe Abolition Of Slavery And The Civil War1349 Words   |  6 Pagesthere have been numerous civil rights movements and shifts of thoughts and beliefs. One of the largest and arguably the most impactful movement was the movement to end slavery. America has always been divided on the issue, and even to this day there are harsh sentiments between different ethnicities. America made an official decision on the matter following a brut al and violent civil war. The Thirteenth Amendment was passed on January 31st, 1865 and read: â€Å"Neither slavery nor involuntary servitudeRead MoreCivil War And The Abolition Of Slavery987 Words   |  4 PagesSince the end of the Civil War and the abolition of slavery in 1865, the United States did not progress positively as a society. One would think that this country’s society would have progressed greatly in a positive direction since slavery’s abolition, but the opposite is true. The radical changes that happened in the United States following the Civil War were primarily detrimental citizens and society as a whole. With issues like segregation and racism entering new eras, many new problems beganRead MoreThe Civil War And Abolition Of Slavery2509 Words   |  11 Pageswas disdained by many people, specifically Confederate loyalists, during his presidential term. He will be remembered for being one of the greatest presidents to ever led our nation through on e of its toughest times in history, the Civil War and abolishment of slavery. Meanwhile former history teacher Bill O’Reilly, and historian Martin Dugard illustrated the astonishing, vivid details that brought to life Lincoln s final days before Lee s surrender at Appomattox Court House and Abrahams assassinationRead MorePre-Civil War: Events that Lead to the Abolition of the Slave Trade and Slavery768 Words   |  4 Pages During the 1800’s, Gabriel Prosser, a blacksmith from Richmond, Virginia devised a plan that would free him self and other from slavery. Prosser and a group of his followers would procure armor and weapons then try and take over the city, thus freeing them from slavery. Unfortunately before they could execute the plan, him and some of his followers were put to death, an event that would prove to be a catalyst to the uprising. Following their deaths and many more to come, Africans slaves thenRead MoreThe Abolition Of The Civil War1679 Words   |   7 Pagesissue of slavery and its expansion had become a major controversial element of American history, resulting in the transpiration of the Civil War. Between the years of 1861 and 1865, conflict between the North and South had emerged, causing bloodshed at America’s most dominant period of history. Throughout the year 1861, intense conflict between the North and South over issues of states’ liberties, federal power, westward expansion, and slavery had impelled the Civil War. By the end of war, the CivilRead MoreThe Effects Of Slavery On Women During The Civil War877 Words   |  4 PagesConfederacy, an intellectual movement that believes the civil war was fought over honor and ideals instead of slavery, is because Southern Women saw the Civil War as a war on one of the fundamentals that made up their way life. My research paper is about understanding the effects that slavery had on women during and prior to the civil war, and how the absence of slavery effected them. This research will be used in order to paint a picture of how slavery effect all southern women, whether they were richRead MoreSlavery And The Civil War1706 Words   |  7 Pagesitself. The United States were no longer united, mainly over the issue of slavery. In fact, many historians believe that, â€Å"From the nation’s founding, the issue of slavery threatened to tear the United States apart.† (â€Å"The Civil War† 1). The issue of slavery was always kept at bay through the utilization of various compromises; however a permanent solution was never sought after by the government. The peoples’ perspective of slavery differed by region. In the South, the economy was extremely reliant onRead MorePrimary Causes Of The Civil War820 Words   |  4 Pagesand standpoints on why the Civil War had been fought but the primary reason why the Civil War started over uncompromisable differences between free Southern states and pro-slavery Northern states and their controversy over government power and slave laws. Fought during April of 1861 to 1865, the Civil War had divided the country into a frenzy against each other. In fact, a devastating 620,000 soldiers had died from accident, combat, starvation and disease, the deadliest war in American history. To addRead MoreTaking a Look at the American Civil War896 Words   |  4 PagesMany events during the mid-1700-1800s provoked the civil war because of the contradicting ideas between the northern states and the southern states. The conflict between the north and south that led to the civil war includes economic, social, and political events. At the meantime, slavery arose as a huge debate between the pro-slavery and anti-slavery faction. Fierce debates had sparked between the north and south states because of the southern states’ agrarian based economy. The geography in theRead MoreRole of the Mexican-American War in Bridging the Gap between the Abolitionist Movement and the Civi l War815 Words   |  3 PagesABOLITION TO SECESSION VIA MEXICAN AMERICAN WAR 1 The Mexican-American War (1846-1848) marked a midpoint in U.S. history that bridged the gap between the abolitionist movement and the Civil War, which is not always recognized but is in some ways still with us today. Teacher Eric Burnett, for example, outlines a long list of catalysts leading up to the Civil War itself but omits the Mexican-American war even though the Civil War catalysts go back through the 1840s all the way back to Eli Whitney