question of whether the phenomenon of Islamic finance or Islamic Banking is truly globalizing‚ that is‚ spreading as a universal alternative to conventional finance and banking or whether the proponents of such a view are spreading a myth or are themselves simply deluded by their own enthusiasm. This article has also addresses the various aspects of the globalization of Islamic finance‚ among others‚ the issue of the rise of Islamic banking in the West‚ Islamic jurisprudence and finance‚ the Islamic Financial
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Introduction Interests in the study of economic growth and development have been on the increase especially since the middle of the present century. Economic growth results in the expansion of a country’s production possibility curve such that the potential output of the country is increased beyond the previous levels. Thus growth is often defined in terms of a sustained increase in the real per capita income of a country. Simon Kuznets in (Todaro‚ 1885)‚ defined a country’s economic growth as
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Federal Reserve Bank of New York Staff Reports Shadow Banking Zoltan Pozsar Tobias Adrian Adam Ashcraft Hayley Boesky Staff Report no. 458 July 2010 This paper presents preliminary findings and is being distributed to economists and other interested readers solely to stimulate discussion and elicit comments. The views expressed in this paper are those of the authors and are not necessarily reflective of views at the Federal Reserve Bank of New York or the Federal Reserve System. Any errors
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Nigeria: The Unstable Democracy 1999 marked Nigeria’s return to democratic rule. However Nigeria is not a stable democracy. Nigerians are still waiting to see the aspects of a democracy that many stable democracies see today; social welfare programs‚ justice‚ and equal access to resources and power. Corruption in the government‚ lack of human rights‚ increased civil discord‚ and the absence of electoral reform keep Nigeria from becoming a stable democratic country. The oil boom in the late 1970s
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INDIVIDUAL ESSAY Essay Title: Cultural tourism festivals and events in Nigeria Name: Deborah Vincentsdaughter TABLE OF CONTENTS Contents INTRODUCTION 3 Cultural tourism 3 LITERATURE REVIEW 4 Festivals and events 4 Cultural festivals in Nigeria 5 Festivals and impacts 6 Igue festival 6 New yam Festival (Iri ji Ohuru/iwa ji 7 Gbagyi Gbodogun 8 CRITICAL ANALYSIS 11 CONCLUSION 11 REFERENCES 12 INTRODUCTION Tourism generally has to do a lot with social activities
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Internet Banking Table of Contents Chapter–1– Introduction 0 Chapter–2– Internet Banking a new medium 7 Chapter--3 - International experience 19 Chapter -4 -The Indian Scenario 33 Chapter- 5- Types of risks associated with Internet banking 41 Chapter- 6- Technology And Security Standards For Internet - Banking 49 Chapter -7 - Legal Issues involved in Internet Banking 74 Chapter- 8- Regulatory and supervisory concerns 84 Chapter–9 - Recommendations 98 Annexure 1 111 Annexure 2 112
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The Practice of Bilingualism in Nigeria: Factors That Encourage Bilingualism – Before‚ During and After the Colonial Era A Term Paper Submitted in Partial Fulfilment of the Requirements of the Course: ENG 503: Bilingualism and Multilingualism June 2010 By Emmanuel U. Dimike 2009026016F Dimike‚ 2 INTRODUCTION In the world today‚ the number of people who use more than one language is greater than the number of people who use only one language. This study focuses on these people with more than one language
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will be free of unethical practices‚ and will put Islamic banking business in the vanguard of ethical distinction. Although the central idea of Islamic banking and finance has been the elimination of interest‚ the comprehension of trade and commerce (al-bay’) in Islamic financing activities has not be recognized in a similar capacity as had the interest (riba) feature. This has directed many people to believe that Islamic bank is a banking firm that operates without interest‚ without further elaboration
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Community - Nigeria In terms of an established deaf community‚ one of the brightest spots on the African continent is West Africa Nigeria’s deaf community is well-established and even has something that we lack in the United States. Demographics of Deafness in Nigeria One web source said that in 1975 there were at least four million deaf and hard of hearing people in Nigeria. According to the 2004 Nigeria census (Statistics Nigeria‚ approximately 30 percent of all disabled people in Nigeria have
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predominantly rural for most of their history were experiencing a rapid and profound reorientation of their social and economic lives toward cities and urbanism. As ever greater numbers of people moved to a small number of rapidly expanding cities (or‚ as was often the case‚ a single main city)‚ the fabric of life in both urban and rural areas changed in massive‚ often unforeseen ways. With the largest and one of the most rapidly growing cities in sub-Saharan Africa‚ Nigeria has experienced the phenomenon
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