ASYMMETRIC INFORMATION PROBLEM IN SYIRKAH (MUSYARAKAH AND MUDHARABAH) FINANCING Agus Hartanto[1] The image of Islamic Banking system is increasing since the financial crisis in 2008. Islamic financial market activity as well as in some developed countries such as Australia‚ Bahamas‚ Canada‚ Cayman Islands‚ Danish‚ Guernsey‚ jersey‚ Ireland‚ Luxembourgh‚ Switzerland‚ United Kingdom‚ United States‚ and Virgin Islands also grow (Latifa and Mervyn 2001‚ p.9). Base on Bank Indonesia report at
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CHAPTER 1: INTRODUCTION 1.1 Introduction Financial services firms are in the business of accepting risk. Primary aims of any financial services firm are collect and manage risks on behalf of their customers and make a profit for its shareholders. We may define ‘Risks’ as uncertainties resulting in adverse outcome‚ adverse in relation to planned objective or expectations. In the financial arena‚ enterprise risks can be broadly categorized as credit risk‚ operational risk‚ market risk and
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Introduction: The Fibonacci Series The Fibonacci Series is a sequence of numbers first created by Leonardo Fibonacci (fibo-na-chee) in 1202. It is a deceptively simple series‚ but its ramifications and applications are nearly limitless. It has fascinated and perplexed mathematicians for over 700 years‚ and nearly everyone who has worked with it has added a new piece to the Fibonacci puzzle‚ a new tidbit of information about the series and how it works. Fibonacci mathematics is a constantly
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Hemophilia B Thesis Statement: To inform the audience about Hemophilia B or Factor IX deficiency. I. Introduction A. Most everyone can recall getting a cut or bumping into something right? Some of you may have even thought when looking at the cut it would never stop bleeding or wondering when the bruise would go away. Well‚ in some peoples’ lives the thought of when the injury will stop bleeding or when the bruise will go away is a daily reality. B. Today I am going to talk about what
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are currently five series in the franchise‚ including the Real Housewives of Atlanta‚ Orange County‚ New York‚ Beverly Hills‚ and New Jersey. Here they are‚ ranked in order of addictiveness. Number One: The Real Housewives of Atlanta. Atlanta cast: NeNe Leakes‚
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attention of the government regarding the environmental protection of the company’s concern. Advantage: The government can provide the needs of the environment that gives the company’s convenience. Also the government has the authority to do what the company needed most especially in terms of environmental issue. Disadvantage: There is a possibility that the government will ignore and disregard. 3. The company will not pursue and build additional stage or process. Advantage: It will
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Culture is the set of patterns of human activity within a society or social group and the symbolic structures that give such activity significance. Customs‚ laws‚ popular styles‚ social standards‚ and traditions are all examples of cultural elements. The term culture refers to a state of intellectual development . The social and political forces that influence the growth of a human being are defined as culture. Culture is a total way of life shared by a people in a society. It is a synergistic totality
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The objective of this research project is to identify the financial institutions that are involved in financing the companies undertaking two major oil and gas projects in Burma. These projects are known as Block M and the Shwe Reserve (including the Arakan-Yunnan Pipeline). The consortium companies undertaking the Block M project have a production sharing contract with Burma’s 100% state-owned Myanmar Oil & Gas Enterprise (Burma). The consortium includes Chinese and Singaporean companies: CNOOC
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After creating a Bill of Rights‚ the new United States congress turned its focus to the issue of financing the new government. Alexander Hamilton was hired to be the Treasury Secretary by president George Washington. Hamilton made it his duty to develop an economic structure for the United States that would ensure public confidence in the government’s financial affairs. Hamilton didn’t want to implement the constitution verbatim rather using the loose interpretation of it. He believed that a solid
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Case 4 Analyzing the Marketing Environment The Frozen Foods Age – An Attractive Business Opportunity In the early 1 900s‚ many people experimented with mechanical and chemical methods to preserve food. Then along came Clarence. Birdseye discovered a way to flash-freeze food and delivers them to the public. This was an important event in the annals of preserved food. By 1944 Birdseye’s frozen foods business was up and running. This not only brought him profits but
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