Islamic Economic Studies Vol. 4‚ No. 2‚ May 1997 THE USE OF ASSETS IJARA BONDS FOR BRIDGING THE BUDGET GAP MONZER KAHF* A shari‘ah compatible fixed-return financial instrument is needed in an Islamic economy. This paper explores the potential of ijara (renting)-based financial instruments to meet this need. The paper proposes ijara-bonds as marketable Islamic financial instruments for resource mobilization in the public sector as well as an instrument for monetary policy. Private companies
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First of all‚ according to Vinod (2008 -2013) books of prime entry are books where transactions are first recorded. These may or may not be part of the double system. These are not accounts; they are simply books that record details of transactions. Books of prime entry are also known as books of original entry / subsidiary book/ daybooks among others. In any organization where company’s buy and sell goods‚ will need to divide the journal into subsidiary books. And they are as follows: Sales
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INTRODUCTION 1.1 WHAT IS BOND? In finance‚ a bond is an instrument of indebtedness of the bond issuer to the holders. It is a debt security‚ under which the issuer owes the holders a debt and‚ depending on the terms of the bond‚ is obliged to pay them interest (the coupon) and/or to repay the principal at a later date‚ termed the maturity. Interest is usually payable at fixed intervals (semi-annual‚ annual‚ and sometimes monthly). Very often the bond is negotiable‚ i.e. the ownership of the
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Medicare Bonds: things to know Introduction The Centers for Medicare & Medicaid Services (CMS) had made it mandatory in 2009 for medical equipment suppliers to obtain a Surety Bond. This bond termed as ‘Medicare or Medicaid Bond’ is required for Suppliers of Durable Medical Equipment‚ Prosthetics‚ Orthotics‚ and Supplies. The purpose of this bond is to prevent any medical abuse and fraud. If a supplier is found to be involved in any unethical activities such as selling unnecessary medical equipment
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Record keeping and marketing 1. Livestock consumption 2. Sow and litter performance record 3. Feed consumption 4. Beer performance recorf 5. Sow breeding performance record 6. Summary of mortality report Kinds of rules 1. Berch rule – it’s a one peace rule made of one or two feet length commonly used in shape of school 2. Two – feet folding rule – it’s the typical carpenter rule that is folded for convenience for carrying in the pocket 3. Zigzag rule – its
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Definition A mode of entry into an international market “is the channel which organisation that want operate in international markets employ to gain entry to a new international market. The choice for a particular entry mode is a critical determinant in the successful running of a foreign operation”. (European Journal of Science‚ 2011) Doole and Lowe (2008) argued that there are different types of entry mode relative to the level of investment: Non-equity mode: exporting (direct and indirect)
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RECORD KEEPING SYSTEMS Businesses handle financial records in various ways. A small-business owner can keep the records personally or employ a full-time or part-time bookkeeper or accountant. Larger businesses establish an accounting department or use an accounting service organization. The record-keeping system a business adopts determines‚ in part‚ the way it will handle its records. Systems for keeping financial records may be simple or complex‚ and they may require almost no financial knowledge
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developed alongside the common law. It has aided the protection of different rights and interests of and in relation to property. Although property can be seen as ‘things’‚ you can have different interests or rights in property depending on the persons relationship to the property and the nature of it. Property can be seen to be a power relationship between a person and a resource‚ ownership is seen as the highest interest as you will have absolute power over that item. With full ownership a person is
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All sizes of facilities seem to have a few similarities and differences in how a facility handles loose reports. In reviewing our compiled data I noticed that most of the facilities prefer that their loose records are permanently anchored in the patient’s charts. Permanently anchoring files in patients charts can avoid files being misplaced or lost. The way files are organized depends on each facility policies. In the information the most popular form of organization seems to be chronological. While
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1. (a) From what sources might a corporation obtain funds through long-term debt? (b) What is a bond indenture? What does it contain? (c) What is a mortgage? A) Bonds payable‚ long-term notes payable‚ mortgages payable‚ pension liabilities‚ and lease liabilities are examples of long- term liabilities. B) It is an agreement that often includes the amounts authorized to be issued‚ interest rate‚ due date‚ call provisions‚ property pledged as security‚ sinking fund requirements‚ working capital
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