Trends in the Global Emergence of Islamic Banking and Finance Essay

Trends in the Global Emergence of Islamic Banking and Finance Practices - Essay Example Global reach – First and foremost, the major trend in Islamic finance is geographical. There is a strong outward push of Islamic banks from predominantly Muslim regions to the Western world dominated by conventional institutions. For instance, in October 2003 the Bahrain Monetary Agency announced the move of Citi Islamic Bank and parent Citigroup to arrange a $250 million Sukuk (Islamic bond) issue for investors outside the Gulf. Nearly all the major international banks have set up Islamic-finance subsidiaries or units, such as Amanah by HSBC, Noriba by UBS, and so forth. Furthermore, in 2000 the Dow Jones established stockmarket indices tailored to Shari’a-compliant companies. Probably what has spurred the faster growth of Islamic banking is that Western institutions have themselves driven the development and acceptance of Shari’a banking products and services (Economist, 2003; Martin, 2005; Roane, 2007). Engineering of new finance modes – Initially, only Murabaha existed as the only mode of finance, mainly to finance imports and domestic trade, and ultimately giving rise to the momentum of establishing commercial Islamic banks. Later other instruments were devised, such as Ijarah for the purchase orderer and Salam to finance agriculture and light industries. Today, financial engineering is on the forefront of many financial institutions’ Islamic desks, in order to come up with Shari’ah based instruments that parallel conventional ones and which cater to the needs of not only Muslim but also non-Muslim institutions and individuals (Kahf, 2002). An example is the launching by Sharia Funds, an American institution, of the first hedge fund that was compliant with the Koran in December 2003 (Economist, 2004). Adoption of a uniquely Islamic audit culture and framework - One of the most critical areas where new practices may or have begun to evolve is in the field of accounting. Accounting practice and â€Å"audit cultures† are formed around conventional finance where interest is recognized as a necessary component of debt. With the growing acceptance and importance of Islamic banking conventions, there is a need for a rethinking of critical accounts (Maurer, 2002) and their definitions in accounting and auditing. Presently, the financial reportorial systems are highly attuned to the conventional methods of finance particularly in the treatment of liabilities and interest, and its view of risky assets. A new auditing system will need to evolve to address the special treatment of riba (interest) and gharar (risk) in the reporting of financial activities of institutions in the context of Islamic banking and finance. Adoption of a Shari’ah based legal framework – A major development in the adoption of Islamic finance and a certain sign of its widespread adoption is the move towards the establishment of a dispute resolution system that pursues a distinctively Islamic legal framework. Until recently, Islamic B&F disputes in developed countries sought recourse in the conventional courts which are not equipped to handle the special knowledge in shari’ah law which is required in adjudicating shari’ah compliant financial contracts and practices. For this reason, practitioners and scholars in Islamic law have begun exploring Alternative Dispute Resolution (ADR) what would be recognized under this legal framework. For a legal system to be set up to address these cases is

Interesting Topics to Write Essay About

Interesting Topics to Write Essay AboutHave you ever wondered about what are some interesting topics to write an essay about? There are many topics that can be researched by you that can relate to your expertise. Such topics include such things as evolution, life, behavior, eating, sport, health, politics, weight loss, relationship, economy, etc. There are many more topics to write essays about.One of the best ways to research interesting topics to write an essay on is by doing some reading. You should know about the topic or something about it. You should also be able to talk intelligently and use proper grammar. You must also be able to write in an interesting manner.The Internet has become a great tool for those who want to learn more about certain subjects that are very significant to them. It gives you the opportunity to learn from the experiences of other people. With the aid of the Internet, you can make sense of various different subjects. As long as you make a commitment, re search will be so easy.There are several websites that offer you interesting topics to write an essay about. These websites give you a lot of advantages, as you can choose topics to write an essay on as per your requirement.You can visit the websites to research in the internet. You will find many websites with interesting topics to write an essay about.Have you found that you need to have a problem on this subject? If you do, there is no doubt that you will have the perfect opportunity to find out all the information you want to know about. You can do a lot of research on various websites and you will get the necessary information you need to write an essay on the topic.There are many online sites that provide interesting topics to write an essay about. They also offer you the option of choosing the topic that you find interesting. This would make writing a project easier and in no time you will have completed your task.

Finding Good Essay Topics For Your College Essay

Finding Good Essay Topics For Your College EssayOne of the biggest problems that college students face is finding good essay topics. Finding good essay topics for your school is as important as finding good essays to do on college essays.College is a time of exploration and many times a lot of interesting things are going on in the life of a student. An essay topic, which focuses on something that is actually happening in your life will help in getting into the mindset of the reader. A well written essay, even one about a current event, can put a smile on someone's face. However, it must be remembered that any subject or topic should make a good topic for an essay.If you have never had an essay topic before, it is best to find some free resources online. One of the best ways to search for essay topics is by finding college essay contests and writing a variety of different topics based on the events that have happened in your life. This allows you to have a broad range of topics and a voids the judgment of others.If you are trying to find good essay topics for your college essays, try looking for something that is current. You can ask yourself if you have ever had to stay up all night because of an assignment and had to do a research on the same. Perhaps this will help you to think of an essay topic that does not require you to take care of the current events in your life.Other people might prefer to write a long essay about something that happened to them years ago, in the form of a diary entry or journal entry. The best thing about doing a diary or journal entry essay is that you can use it as a basis for your future college essay topics. You can use this as a way to discuss what you have learned about life, relationships, and life in general.While you are searching for essay topics, make sure that you have several different kinds of topics in mind. One of the best things about essay topics is that you can use different types of topics to write on. This can all ow you to get to know the basics of writing a college essay and help you avoid the common errors that many students do in college.Making good essay topics for college may be a problem, but it is not impossible. If you do not have any ideas at all, then you may want to look online and see what you can find. The thing is, you should always have a resource to turn to when you have difficulty with writing.

Series-Parallel Circuit Essay Example | Topics and Well Written Essays - 1250 words

Series-Parallel Circuit - Essay Example Rather, it contains elements of both. The current exits the bottom of the battery, splits up to travel through R3 and R4, rejoins, then splits up again to travel through R1 and R2, then rejoins again to return to the top of the battery. There exists more than one path for current to travel (not series), yet there are more than two sets of electrically common points in the circuit (not parallel). Because the circuit is a combination of both series and parallel, we cannot simply apply the rules for voltage, current, and resistance. For instance, if the above circuit were simple series, we could just add up R1 through R4 to arrive at a total resistance, solve for total current, and then solve for all voltage drops. Likewise, if the above circuit were simple parallel, we could just solve for branch currents, add up branch currents to figure the total current, and then calculate total resistance from total voltage and total current. However, this circuit's solution will be more complex. To calculate the different values for series-parallel combination circuits, we'll have to be careful how and where we apply the different rules for series and parallel. Ohm's Law, of course, still works just the same for determining values. And then, we become able to identify which parts of the circuit are series and which parts are parallel, we can... Likewise, if the above circuit were simple parallel, we could just solve for branch currents, add up branch currents to figure the total current, and then calculate total resistance from total voltage and total current. However, this circuit's solution will be more complex. To calculate the different values for series-parallel combination circuits, we'll have to be careful how and where we apply the different rules for series and parallel. Ohm's Law, of course, still works just the same for determining values. And then, we become able to identify which parts of the circuit are series and which parts are parallel, we can analyze it in stages, approaching each part one at a time, using the appropriate rules to determine the relationships of voltage, current, and resistance Note: The rules of series and parallel circuits must be applied selectively to circuits containing both types of interconnections. Technique Analysis The goal of series-parallel resistor circuit analysis is to be able to determine all voltage drops, currents, and power dissipations in a circuit. The general strategy to accomplish this goal is as follows. Step 1: Assess which resistors in a circuit are connected together in simple series or simple parallel. Step 2: Re-draw the circuit, replacing each of those series or parallel resistor combinations identified in step 1 with a single, equivalent-value resistor. Step 3: Repeat steps 1 and 2 until the entire circuit is reduced to one equivalent resistor. Step 4: Calculate total current from total voltage and total resistance (I=E/R). Step 5: Taking total voltage and total current values, go back to last step in the circuit reduction process and insert those values where applicable. Step 6: From known

Why No One Is Talking About Argumentative Essay Topics about the Civil Rights Movement and What You Need to Do Right Now About It

Why No One Is Talking About Argumentative Essay Topics about the Civil Rights Movement and What You Need to Do Right Now About It The Tried and True Method for Argumentative Essay Topics about the Civil Rights Movement in Step by Step Detail The Black Panthers were an excellent case of this kind of organization. Women attending the convention proved now permitted to share their views (Among other sorts of active participation) by being duty-bound to take a seat at the rear of the gallery. In the calendar year 1950 white folks obviously had a social advantage rather than African-American folks who were oppressed. This meant black men and women would be permitted to move into white neighborhoods. The American dream that was built on the ground of equality, fraternity and liberty was going towards a failure on account of the inequality and racism and that's why America granted rights to a lot of citizens without thinking much. On account of the inequality and poverty of the blac k people who are in the USA, the civil right movement ideas continue to be alive. It caught the interest of the whole nation. Some men also, became attentive to the bias. Today, racial equality is an issue of a wonderful concern. Here are ten primary facts you will need to learn about America's defining struggle. The declaration virtually tackle all regions of inequality like education, job opportunities together with earnings. This was the very first step in developing a nation full of equality. For an argumentative essay, this is only one of the most crucial things. You will discover a variety of argumentative essay topics but picking the perfect one might be the basic and the very first step to compose an influential essay. You are able to observe that one is a lot more focused and specific in the points that it is going to prove in your essay. These kinds of points are overly general, not really relevant, nor help to show your general thesis. What You Can Do About Argumentative Essay Topics about the Civil Rights Movement Starting in the Next 9 Minutes The absolute most relevant and important details that you will utilize to demonstrate your argument. This will therefore provide you so much room under which you may have the ability to write a great paper and produce a compelling argument. The House was expected to create changes that would produce the bill even weaker. Before starting, you should collect all the required proof to back up your arguments. The Bad Side of Argumentative Essay Topics about the Civil Rights Movement However, for many decades, it didn't gain any ground. The target of this outfit was supposed to empower the black folks. Sit-ins work at an increasing amount of civil rights activists in the South. The movement started in the calendar year 1954 and it lasts for at least ten years that's up to 1968. To make things worse, they were forced to take a seat behind a curtain. When writing your civil rights essay, you need to be ready to explore your subject of choice fully and make sure that you do it justice. In order in order to deliver a superior paper on civil rights, you should be in a position to do proper research so you can find with and aptly handle a few of the challenges and issues that have arisen over time. Keep in mind both of these rules. On-line essay writing services are supplied to the students at a really lucrative price which is why it's easy to have a very good score in the assignments. Keep your academic writing logical and simple to understand for the audience so they can relate to your views. The website also serves as a record for more recent events associated with the problem. The very best one are found in the Encyclopedia Britannica. Argumentative Essay Topics about the Civil Rights Movement Features Slaves weren't content with civil war even if it was the big movement for the abolishment of slavery. How The Gay Rights Movement has advanced this far usually means that we're able to take it all of the way. The Civil Rights Movement had such an abiding and effective effect on race relations in the United States of america, and nu merous students may be interested in exactly what led to it in the very first location. It was arguably the most important thing to ever happen in the United States. In addition, he participated in the very first Freedom Ride'. A lot of them protested for freedom and equality, too. The Voting rights act proved to be a terrific step not just for civil rights movement, but for democracy also. Explore civil rights in the usa in 2015.

A Secret Weapon for Best in Depth Compare and Contrast Essay Topics

A Secret Weapon for Best in Depth Compare and Contrast Essay Topics You may continue to keep your argumentative essays for your upcoming job portfolio in case they're highly graded. No matter how you decide to format the body, a compare and contrast essay will nonetheless will need to get a good introduction and conclusion. You may use the product for a guide to work on your private essay. A contrast essay format ought to be the exact same as any report format. The Secret to Best in Depth Compare and Contrast Essay Topics Nowadays you get a superior understanding what aspects to look at when choosing a topic for your research paper so that it's time to locate a good one. Choosing appropriate procedures for investigation is essential because unreliable methods will result in unreliable outcomes. Selecting an intriguing topic is crucial for the success of your research project because it is going to send you in the proper direction and help you to stay interested and motivat ed during the whole writing process. There are two common strategies to compose the composition. What is Really Going on with Best in Depth Compare and Contrast Essay Topics A comparative analysis is among the most well-known forms of assignments that are often given in colleges or universities. Essay proofreading is imperative to repair punctuation errors, fix the sentences and use the most suitable word choice. As a high school student, you ought not opt for a topic that's complicated since you might become stuck on the way. In any case, if you would like to be successful, perfect understanding of the English academic style is also vital. When you have identified the 2 subjects, decide which similarity and difference to concentrate on. By doing this you're ready to spell out how readers can arrive at the comprehension of a research topic. When writing a report to compare your ideas, you must ascertain the items which are related in some manner. A superb idea is to pick a topic linked to your previous experience because your readers will be impressed how well-informed you're. As previously mentioned, the comparative analysis is a little tricky when it regards its main notion. The job of comparing and contrasting phenomena might be challenging one. Basically, the notion of a contrast essay is that students compare the advantages and disadvantages or ideas presented in a number of distinct ideas or themes. The perfect way to start the procedure for writing compare contrast essays is to look at the major subject, point, or essence of every one of the 2 subjects of study. All you need to do is to put your purchase and wait to get the needed help from a specialist who's qualified enough to assist you. Thus, it's in your very best interest to use expert guidance. It is possible to also make the most of working on topics associated with your present-day job as you'll have a good chance to collect the principal data. There's health insurance for everybody and it's inexpensive and I see a good deal of infrastructure work going on all of the time. Getting the Best Best in Depth Compare and Contrast Essay Topics Pick the topic in which you believe that you're confident of the start and more confident of leading it to a suitable conclusion. Introduction with the highly effective hook and thesis statement stays the same. You should research your topic to select three claims. In the introduction paragraph, mention your thesis statement plus a succinct explanation of the principal topic you will explore. You should be very careful as you decide on a compare and contrast essay. Compare and contrast essays are often problematic for students to write since they don't understand where to begin and where to stop. A contrast essay isn't as complicated as you believe. Outlining the entire essay will allow you to organize your thoughts and plan out the structure of the essay beforehand. Instead, you should finish a cohesive essay in which a few of the similarities and differences could possibly be discussed in 1 paragraph. Academically suitable compare contrast essay topics ought to be stimulating together with attention-grabbing. Before you begin, it is essential to choose topics which you really know well. It might be necessary to liaise with other people to recognize the good compare and contrast essay topics. Each of these varieties of paper is owned by the category of informative essay. By browsing compare and contrast essay examples, an individual can observe that a standard assignment consists of 3 sections that have an introduction, discussion of your primary notion, the particular issues to study. The sort of compare and contrast essay topic you select should always depict your degree of learning. There are a lot of possible compare and contrast essay topics, and a number of them are really hard to perform. The variety of subjects compared in a comparative essay is normally discussed by the class instructor once the assignment is provided. The thesis is a significant area of the introduction, therefore it is not to be neglected by the student. Anyway, direct and indirect quotes are necessary to support your understanding of academic writing style. Once you finish your research notes you can begin writing with confidence that you have all of the pieces you should create a terri fic essay.