e and acceptance of the ethics and morality of Islamic Finance as a global financial guideline, bearing in mind the hegemony and political economy that challenges the process. It can only be implemented through identifying communication channels, advocacy strategies and sustainable networking techniques that would facilitate the revolution and birth of a new global financial order that no longer targets a specific faith or group.
This research proposal is based on a genuine attempt of the researcher to pursue a study that would open channels of communication between global financial decision makers and Islamic Religion Scholars, in order to develop a global financial system that would bring benefit to the global economy. The study wishes to highlight on the moral ethical benefits and the robust long-term sustainable structure of Islamic Finance, its’ developmental role and how it can be developed.
The Islamic model of Financing has been a major theme of discussion as an alternate to the current global financial system, which just saw its gigantic collapse in the past few years. With the financial models on which the global economy is working today, more questions are being raised on their credibility. A study by M. U. Chopra, 2009, argues that the recent global financial crisis was due to the lack of sustainable financial systems. It was a vicious cycle that started from excessive lending, leading to high leverage and ultimately ending on the crisis; this model fed on itself and brought down big brands through a steep decline in asset prices and ultimately the economic meltdown. The model is likely to continue if the fundamentals of the system are not altered. ‘As long as there continues to be problems in the regulatory system in the world of finance, it is possible that we will experience another financial crisis’; interpreted Mr. Valdis Zalter President of Latvia during his attendance at the World Economic Forum in Qatar/Doha - May/2010.
This topic originally stems from the assumption that communication channels are established between International Financial Decision-Makers and Islamic Religion Scholars, in order to convince both parties about the benefits their coalition would bring to the global economy…
A COMPREHENSIVE ANALYSIS OF MILITARY PAY SYSTEMS A. INTRODUCTION a. PROBLEM STATEMENT b. RESEARCH RATIONALE c. RESEARCH OBJECTIVES d. RESEARCH HYPOTHESIS e. SUMMARY f. LITERATURE REVIEW g. RESEARCH METHODOLOGY h. PARTICIPANTS i. RESEARCH DESIGN j. INSTRUMENTATION AND DATA COLLECTION PLAN k.
Unfortunately, most, if not all, development in international law, generate confusion and misunderstanding. Moreover, few, if any, countries comply with these international law demands. The situation is particularly problematic in Islamic Law. Since most contemporary conflicts take place in Middle Eastern countries, Islamic law has to be adjusted to meet the new demands of military reality.
Last ten years have witnessed a phenomenal growth rate in Islamic financial institutions' performance. As per the recent statistics provided by The International Islamic Finance Forum (2007), there are 270 Islamic banks worldwide having $265 billion assets, financial investments of around $400 billion, and deposits of $202 billion.
For instance, the director's report of Caf Nero Plc contains indication to the company's financial results (profit) for the year 2005 and 2004. But, Coffee Republic's director's report doesn't show any information on the company's financial results (loss).
This research will attempt to determine effectiveness of Islamic banking in the context of Saudi Arabia; to understand if Islamic banking offers better economic solution for the social needs than the traditional commercial banks; to explore whether Islamic Development Bank, Saudi Arabia has adapted for integrating with globalised economy.
Founded in 1948, Adidas is currently in the maturity phase along the corporate life cycle, a phase in which the business identity has been strengthened among consumer segments with considerable brand recognition and high demand for its products as a result of promotion,
The author states that despite of tremendous local and regional competition, the company has achieved exceptional growth and revenue. The successful management structure of the company is reflected in its financial position and has facilitated flexibility. The company operations are influenced by Islamic principles.
Women in Muslim countries, especially the Middle East, have enjoyed access to education, though not like men have in the respective regions (Torres & Arnove 320). Trend in women’s education has also improved in the countries and continuous advocacy and leadership
They were projected to reach the1 trillion-dollar mark in 2010 but this mark was surpassed when the stipulated period was reached. While numerous assets are grounded in nations such as Saudi Arabia or Kuwait, numerous western financial organizations and administrations have