Sunnah. Naturally‚ it remains a deep cry in their hearts to fashion and design their economic lives in accordance with the precepts of Islam. The establishment of Islami Bank Bangladesh Limited on March 13‚ 1983‚ is the true reflection of this inner urge of its people‚ which started functioning with effect from March 30‚ 1983. This Bank is the first of its kind in Southeast Asia. It is committed to conduct all banking and investment activities on the basis of interest-free profit-loss sharing system
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Trust is a complex emotion because of all the variables involved: variables from the person who is trying to earn trust as well as from the people who are dispensing the trust. The first law of leadership according James Kouzes and Barry Posner is belief in the message requires belief in the messenger. At the core of credibility is trust and this is essential for effective leadership. Why is it so hard to gain trust from others? Malphurs offers insight in this matter. He states that trust
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Up a Trust in Gibraltar A trust allows individuals to safely protect and control their assets. For those who want to ensure that their assets are adequately safeguarded‚ trusts are essential. Some trusts offer more benefits than others‚ with the type and location being the primary distinguishing factor. For individuals who want maximum benefits‚ establishing a trust in Gibraltar is a popular solution. Gibraltar is a unique place that has distinct privileges for non-residents who set up trusts. A professional
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3.3 In God We Trust Feel like Christ and you will be a Christ; feel like Buddha and you will be a Buddha. It is feeling that is life‚ the strength‚ the vitality‚ without which no amount of intellectual activity can reach God. – Swami Vivekananda (1863-1902)‚ the Indian Spiritual leader of the Hindu religion (Vedanta). He was a disciple of the 19th century Indian mystic-saint Sri Ramakrishna. He was the founder of the Ramakrishna Order of Monks. Trust is independent. God said it – I believed
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catalogue of accepted instances of charity until almost 300 years later when Lord MacNaughten in the Pemsel case‚ famously classified charitable objects into four principal divisions: (i) trusts for the relief of poverty‚ (ii) trusts for the advancement of education‚ (iii) trusts for the advancement of religion‚ (iv) trusts beneficial to the community not falling under any of the preceding heads. These four heads of charity were used as reference whenever the inherent charitable nature of a purpose or institution
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trustees are to hold all of my shares on Trust for Zeke‚ except that for the period of 5 years after my death my Trustees are to give 1000 of my shares (or whatever lesser number my trustees think fit ) in whichever Company they shall think fit to any of my University classmates who ask for it and they in their discretion think fit. I submit to the court that my client is the sole beneficiary under a fixed trust and as such owns equitable rights in the trust property. His interest should be given
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ISLAMIC UNIT TRUSTS Shahrin Shaikh Mohd Securities Commission‚ Malaysia 19 June 2007 Malaysian Unit Trusts Industry - Where we are @ 31 March 2007 Total Number of Operators Total Number of Unit Trusts Total Net Asset Value Bursa Malaysia Market Capitalisation % of NAV to Bursa Malaysia Market Capitalisation No. of Unitholder Accounts 36 414 USD38.34 bn USD281.46 billion 13.62% 11.3 million Total Number of Islamic Unit Trusts Total Net Asset Value of Islamic Unit Trusts % of NAV to
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Charitable purpose trusts Advantages of the charitable purpose trust Certainty of Objects Courts are more relaxed in the approach for the need of there to be certainty of objects in a charitable trusts. While non-charitable trusts must have objects‚ which are certain‚ gifts made exclusively for charitable purposes are valid even though the exact purposes may not have been identified. Thus a gift to trustees ‘for charity’ will be valid. The Perpetuity Rule Charitable trusts are valid even though
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idea of the case This case is given an overview from the history from Sheffield Theatres Trust. The case will explain what kind of strategies and resources the organisation have and through what kind of changes and development STT have been. The main idea of this case is to see how an organisation can develop and how they use their strategies and resources. 1.1 Summary of the Sheffield Theatres Trust Case There are two theatres in Sheffield (UK) called the Crucible and the Lyceum. The Crucible
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Anti-trust laws in the United States have been effectively used to prevent monopolies in industries like telecommunications‚ oil and gas and computer software. Anti-trust laws are enforced in order to maintain free competition in the marketplace‚ which generates lower prices and incentivizes the development of high quality products. Today‚ hospital systems are experiencing an era of heavy consolidation‚ which include mergers and acquisitions and physician practice buy-outs. According to the Wall
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