Abstract The decision on how a firm to penetrate foreign market segment is one of the most important decisions that can be made by the management of the company. Once the penetration method was chosen‚ its implementation will have significant implications on the firm that makes the decision‚ as well as on the market segment that it wishes to enter. A firm ’s program of penetrating a foreign market is mostly determined by the method chosen in penetrating that market. In this write up‚ FAMA- Federal
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[pic] ISLAMIC BANKING: IS IT REALLY “ISLAMIC”? By: Omar Mustafa Ansari & Faizan Ahmed Memon Is it really Islamic? …. In this era of development and growth in Islamic finance and banking‚ this is a question being raised at every forum by various quarters. All those who raise this question‚ are undoubtedly well-wishers of Islam‚ Islamic economic system and Muslim Ummah. Accordingly‚ while we celebrate the achievements of Islamic banking on one hand‚ we should not
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Bangladesh is Located in the north-eastern part of South Asia. The majestic Himalayas stand some distance to the north‚ while in the south lays the Bay of Bengal. There is West Bengal border on the west and in the east lie the hilly and forested regions of Tripura‚ Mizoram (India) and Myanmar. These picturesque geographical boundaries frame a low lying plain of about 1‚47‚570 square kilometer criss-crossed by innumerable rivers and streams. Mighty rivers are the Padma (Ganges)‚ the Brahmaputra (Jamuna)
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Chapter 1 Introduction 1.1 Background Islamic legal principles regulate the conduct and content of commercial transactions in Islamic Banking. The most important of these principles is the prohibition of riba‚ any predetermined or fixed return in financial transactions. As stated in Quran: “Allah forbids riba and permits trade.” While there is much debate about the exact nature of this prohibition on riba‚ there exists a widespread perception that the ban on riba implies ban on interest
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The Constitution of Bangladesh The Constitution of Bangladesh is the supreme law of Bangladesh. It proclaims Bangladesh as a secular democratic republic‚ declares the fundamental rights and freedoms of Bangladeshi citizens‚ spells out the fundamental principles of state policy‚ and establishes the structure and functions of the executive‚ legislative and judicial branches of the republic. Passed by the Constituent Assembly of Bangladesh on November 4‚ 1972‚ it came into effect from December
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ADR in Bangladesh During the Hindu period in ancient India‚ Hindu society‚ institutions and beliefs gradually developed and define shape was given to them. Many important beliefs and doctrines of today are deep-rooted in the Hindu ideology; one of those is Alternative Dispute Resolution. In villages‚ the local village councils or kulani‚ similar to modern panchayats‚ consisted of a board of five or more members to dispense justice to villagers. It was concerned with all matter relating to endowment
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was above 6% but it has started to decline and is expected to go down below 5.7%. This is mainly because of the fall in export since export consist of 20% of GDP in Bangladesh. Moreover‚ investment and consumption also is decreasing along with the decline in growth in manufacturing and service sectors. The growth of GDP in Bangladesh depend mainly on the industrial and the agricultural sectors. In FY2006-07‚ the growth rate was 6.43% that was estimated to be 6.42% by the BBS. This is mainly due
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DIGITAL BANGLADESH Bangladesh is resounding with the target of achieving digital Bangladesh. Broadly speaking‚ a digital society ensures an Information and communication Technology (ICT) driven knowledge-based where information will be readily available on line and where all possible tasks of the government‚ semi-government and also private spheres will be processed using the modern technology. So‚ a digital Bangladesh must guarantee efficient and effective use of modern ICT in all spheres of
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FLOODING IN BANGLADESH CAUSES OF THE FLOODS There are several physical reasons why Bangladesh suffers from flooding almost every summer; It has the perfect conditions for such as disaster- this is because : • tropical cyclones from the bay of Bengal bringing heavy rain and storm waves in late summer • 70% of the land of the total area is less than 1 metre above sea level • The total annual rain falls in the summer of Dhaka is almost 2000mm • Rivers lakes and swamps cover more than 10% of the
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Changes in Bangladesh Bangladesh came to today ’s shape through a long history of political evolution. Bengal was probably the wealthiest part of the subcontinent up till the 16th century. The area ’s early history featured a succession of Indian empires‚ internal squabbling‚ and a tussle between Hinduism and Buddhism for dominance. All of this was just a prelude to the unstoppable tide of Islam which washed over northern India at the end of the 12th century. Mohammed Bakhtiar Khalzhi from Turkistan
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