ISB 547 (Islamic Banking & Financial Services) Islamic Acceptance Bills Introduction Islamic Acceptance Bill is one of the Islamic financial instruments that are traded in Islamic Inter-bank Money Market. Islamic Acceptance Bills are traded based on Murabahah and Bay’ al Dayn concept similar to the other financial instruments such as Islamic mortgage bond and Islamic private debt securities. The Inter-bank Money Market‚ in turn‚ is the place where a set of activities
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Rule 1 : Life is not fair - get used to it! Rule 2: The world won’t care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself. Rule 3: You will NOT make $60‚000 a year right out of high school. You won’t be a vice-president with a car phone until you earn both. Rule 4: If you think your teacher is tough‚ wait till you get a boss. Rule 5: Flipping burgers is not beneath your dignity. Your Grandparents had a different word for burger flipping:
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The Women’s Reservation Bill has been a political raw nerve for nearly a decade now. It has always triggered heated debates in Parliament and outside. Its advocates say the Bill is essential for active political participation of women. Opponents argue that reservation would only help women of elitist groups gain political power‚ aggravating the plight of the poor and deprived sections. If you are wondering just what the Women’s Reservation Bill is and why it is so controversial‚ read on
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Food Security Bill: Good politics to deliver bad economics A bill duly tabled in Parliament promises to give legal right to subsidised food to two-thirds of the country’s 1.2 billion population. The ambitious proposal should be seen in the context of India being home to roughly one third of the world’s poor; where over 70 per cent of children are malnourished and about 10 million or more people die of chronic hunger or hunger-related diseases every year. The Food Security Bill‚ the UPA-II’s
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many heroic qualities and is able to be called a hero is Bill Gates. Bill Gates is able to be depicted as a hero because of his generous donations to charity‚ creation of Microsoft‚ and promotions of scientific research. To begin with‚ Bill Gates has made numerous donations to various charities throughout his career. Bill Gates’ generous donations demonstrate his willingness to help others and make sacrifices. It has been estimated that Bill Gates has donated over 36 billion dollars‚ half of his
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The process of turning a bill into a law is probably one of the most complicating processes. The process of making a bill is a successive procedure which is not just adding a few rules to a paper and calling it a day. Before a bill is made they have to make sure all the rules are constitutional and does not infringe people’s rights. Tis’ a stressful job to vote on a rule that some people could like and others could decide. The bill must first get passed in both houses of congress by majority
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http://blogs.wsj.com/indiarealtime/2011/12/19/food-security-bill-good-for-politics-terrible-for-economy/ Food Security Bill: Good for Politics‚ Terrible for Economy ------------------------------------------------- Top of Form Bottom of Form * Article * Comments (16) India Real Time HOME PAGE » By Vibhuti Agarwal and Shefali Anand Though approved by the Cabinet Sunday‚ the fate of the much-anticipated Food Security Bill‚ which will guarantee cheap food for India’s masses‚ is far
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SIN TAX BILL MANILA‚ Philippines—A “sin tax” on cigarettes and alcohol dampened the New Year party spirit when it was introduced in the Philippines Tuesday‚ as part of a government bid to boost finances. Many stores started selling tobacco and drink at inflated prices before midnight‚ ahead of the official implementation of the tax hikes on January 1‚ hitting partygoers in the pocket. Tax on cigarettes will gradually be raised to P30 ($0.72) per pack by 2017‚ roughly doubling the current price
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Andrew Jackson vs. the $20 bill The seventh president of the United States of America was Andrew Jackson. He was known as the “common person‚” because he was from a poor family. At age 13‚ he was arrested by the British for being a rebel messenger. As he got older‚ he became a self-educated lawyer. He is well known for fighting in the Battle of New Orleans in 1815. Today‚ Jackson’s face can be seen on the twenty dollar bill. President Jackson shouldn’t be on the twenty dollar bill because he did
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David Maciejko Case Brief for Bill Miller and Value Trust In 2005 mutual funds were the fastest growing investment vehicle in the United States. Bill Miller is considered one of the greatest mutual fund managers of all time‚ since 1982 he defied the odds by consistently creating returns with his investments that outperformed the S&P index fourteen years in a row. There have been investors who created better returns in a year‚ but none have come close to have long term returns like his. The
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