INTRODUCTION Zakat is considered to be a personal responsibility for muslim to ease economic hardship for others and eliminate inequality. It is obligatory for all who are able to do so. The zakat is considered by muslim to be an act of piety through which one expresses concern for the well-being of fellow muslim‚ as well as preserving social harmony between wealthy and poor. The importance of zakat is one of five pillar of Islam which is giving the practice of charitable giving by muslim
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Changing the Global Steel Game Industry Analysis Although steel was a highly demanded good‚ the industry as a whole was largely unprofitable. One reason for this was that the industry remained highly fragmented in contrast to their suppliers and even some of their buyers‚ who were considerably more consolidated. Aside from the increased competition that fragmentation contributed to‚ it also degraded the steal industry’s bargaining power to raw material suppliers and in some cases‚ such as the auto
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Stock Evaluation Project - Steel Industry Industry Analysis Steel is a part of metals and mining industry which is highly cyclical in nature‚ and when the economy at large suffers‚ this industry suffers with it. The most recent five years have been a struggle for this particular industry along with uncertain economic indicators‚ and steel companies’ stocks have trended downwards. The metals and mining industry is comprised of companies that engage in exploration‚ mine development‚ and ore mining
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product is the steel industry. In the last few years‚ the steel industry has experienced an increased demand for steel‚ which in turn has caused the cost of steel to increase drastically. 1. Do you believe the Bush administration was correct in imposing tariffs in March2002 on a wide range of steel imports?I believe that President Bush needed to do something to protect the US steel market. At the time that President Bush decided to impose temporary tariffs on steel imports‚ 16 steel manufacturers
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Steel Making Methods | Advantages | Disadvantages | Basic Oxygen Furnaces | * Very high production rates and low residual element * Does not burn fuel | * Good efficiency requires large amount of pig iron to continue production. * Requires costly filtering process due to high levels of pollutants produced. * High refurbishing costs. * High dependence on blast furnace/coking. | Electric Arc Furnaces | * Minimal emissions/pollution. * Filtering of scrap not necessary. * Easy
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wide range of steel imports? I believe that President Bush needed to do something to protect the US steel market. At the time that President Bush decided to impose temporary tariffs on steel imports‚ 16 steel manufactures were already operating under bankruptcy protection (Hill‚ 2005). The whole idea of the tariffs as explained by Leo Gerard‚ the president of the United Steelworkers of America‚ was to protect American jobs by giving the industry a chance to rebound and to give the steel manufacturers
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Introduction The materials that usually used for construction such as reinforced concrete‚ timber‚ brick‚ and also steel. In Malaysia‚ the steel has been used especially for the construction of electric tower‚ industrial building (factory)‚ roof truss‚ bridge and more. However‚ the usage of steel for residential is limited because their usage depends on the accompany with the other material. Steel framed structures are designed with the connections between the separate members treated as either non-rigid
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Steel Industry in Thailand has various type of product. In this report‚ we mainly focus in “Metal Sheet 0r Roof” industry. There are 4 companies that we have chosen which are Permsin Steel Work Co. Ltd.‚ Munkong Steel Company‚ Thai Syncon and Supplies Co. Ltd. and SV Metal World Company. We have got a high cooperation from these 4 interviewed companies. “Roof Steel” industry has high in competitive atmosphere due to the low of competitive rivalry. There are
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Jindal Steel and Power Limited (JSPL) is an Indian steel and energy company based in New Delhi‚ India. With annual turnover of over US$4 billion‚ Jindal Steel & Power Limited (JSPL) is a part of about US$17 billion diversified O.P. Jindal Group. JSPL is a leading player in steel‚ power‚ mining‚ oil and gas and infrastructure. Naveen Jindal‚ the youngest son of the late O P Jindal‚ drives JSPL and its group companies Jindal Power Ltd‚ Jindal Petroleum Ltd.‚ Jindal Cement Ltd. and Jindal Steel Bolivia
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Sector DB Plan? by Ilana Boivie March 2011 Executive Summary In recent decades‚ defined benefit (DB) pension plans have been in decline in the private sector. For example‚ and to much public attention‚ in January 2010 General Electric announced that it would be closing its DB pension plan for all salaried employees hired after December 31‚ 2010. These employees would be given a defined contribution (DC) account contribution of 3 percent of pay.1 The closing of GE’s traditional pension plan
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