distribution of income and wealth etc. The main aim of traditional banking is to earn profit by borrowing and lending money in exchange of interest. As a result there is an unfair competition among the bankers and among the customers. Under conventional framework a bank borrows to lend and it mobilizes savings/deposits by borrowing from savers and lends those deposits to productive interest on deposits and advances respectively. The banks generally maintain a difference is known as interest-spread
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The Right Medicine – 对症下药 Having chosen the particular subject of Medicine for our research article‚ we picked up “The Right Medicine” as our article topic. With the modern advances of science‚ we‚ young adults‚ often ask ourselves who should we follow‚ scientific reason or traditional remedies? Traditional Chinese medicine (TCM) is a broad range of medicine practices sharing common theoretical concepts which have been developed in China and are based on a
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Risk Management – Differences Between Islamic and Conventional Banking In evolving the Islamic financial system‚ important considerations include the development of a system that is able to meet the changing requirements of the consumer and business community‚ that is efficient and competitive‚ that is safe and sound and that is robust and resilient and able to withstand a more challenging and uncertain world environment. These considerations are vital to ensure the sustainability of the system
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An Increasing Number of People Turn to Alternative Medicine While people typically turn to Western medicine to cure disease‚ many individuals look to alternative medicine as a preventive measure even though alternative medicine is also effective in curing illness. Consequently‚ alternative methods are becoming increasingly popular in the U.S.A according to a 1998 article published in JAMA; 42% of the population used at least one method of alternative medicine in 1997. Some of the most common methods
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INTRO. In America‚ doctors follow the Western belief in using medication and doing various testing procedures when treating patients‚ while the Hmong shamans believe in treating the spiritual ailment of the person through elaborate traditional practices. Shamans who themselves are epileptic try communicating with “a malevolent spirit called a dab” (Fadiman 1998: 4). The Hmong shaman is “believed to have the ability to enter a trance…and negotiate for this patients’ health with the spirits who lived
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Holistic and traditional medicine both are intended to provide optimal health care while keeping your body functioning at its highest level. However‚ both have different approaches to treat the disease. Traditional medicine utilizes modern health sciences‚ latest scientific researches and different surgical options to treat various health concerns. While‚ holistic medicine prevents‚ improves and treats a variety of health conditions with various effective alternative treatment options. In this article
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Conventional Ovens vs. Microwave Ovens Modern technology has touched everyone in some form or fashion. This includes everyday items such as the conventional and microwave oven. Both cook food‚ however‚ each cooks in its own particular way. Conventional oven cooks at a slower pace and the microwave speeds up cooking time by using specially prepared‚ packed entrees. This paper will compare and contrast conventional ovens and microwave ovens. Conventional ovens can be found in a majority of
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Islamic Banking vs. Conventional Banking In most Islamic countries‚ they tend to practice two types of financing in banking industry which are conventional and Islamic banking. The country like in Malaysia has successfully developed an Islamic banking system that operates in parallel with the conventional banking system. There is similarity between conventional banking and Islamic banking which helps to promote economic growth provided financing services such as credit facilities for business activity
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CORPORATE FINANCE PROJECT TITLE: ISLAMIC BANKING SYSTEM VS CONVENTIONAL BANKING IN PAKISTAN SUBMITTED TO: MR. MUBEEN KHALID SUBMITTED BY: KHALID WASIM 09-MPA-M-23 HAFIZ MUHAMMAD AHSEN 09-MPA-M-19 SEMESTER: 3RD INSTITUTE OF ADMINISTRATIVE SCIENCES‚ UNIVERSITY OF THE PUNJAB. ACKNOWLEDGEMENT We‚ wholeheartedly show our gratitude to our esteemed teacher‚ Mr. Mubeen Khalid‚ who gave us this good opportunity for advancement in our Corporate Finance course by undergoing this
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Organic vs Conventional Essay Organic food‚ which was once only found in health food stores‚ is now a regular feature at most grocery stores‚ and has created a bit of a dilemma in the produce aisle. On one hand‚ you have an organically grown apple. On the other hand‚ you have an apple that was grown conventionally. Both of these apples are shiny‚ red‚ and firm. Both provide us with vitamins and fiber‚ and both are free from sodium‚ fat‚ and cholesterol. Which should you choose? For many reasons
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