Islamic finance is a growing part of the global financial sector. The risks faced by Islamic banks are real, and how well they mitigate them will determine their future. This book answers questions regarding how Islamic Financial Institutions should focus on their risk management practices and the necessary solutions and policy implementation tactics. It also analyses the risk mitigation techniques Islamic institutions are putting to use, looking at different Islamic banks from across the world to investigate their strategies and solutions. Among the topics discussed here are the implementation and outcomes of Basel III, practical enterprise risk management practices, liquidity risk management, and the success story of the global takaful industry.
It has taken over five centuries for banking to evolve to its present state, and the concept of “interest” is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930s. Interest (riba) is still outlawed in Islam, with the term “riba-eater” being one of the cruellest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following the jurisprudence laid in the Quran and Sunnah of Prophet Mohammad (sallallahu alayhi wa sallam). As such, this mode of banking and finance without riba is recognised as “Islamic banking”. This name has often been criticised by scholars as there is no philosophy of banking in Islamic teachings. Consequently, some of the banks that follow these regulations have adopted other names, such as savings banks and finance houses. This book explains the philosophies behind the current trend in riba-free banking which is implemented as Islamic banking around the world. The book is divided into five sections, the first of which is related to the introduction of riba-free banking. The second is related to the fundamentals, concepts and beliefs of riba-free banking organisations, while the third differentiates between two streams of financial models. The fourth section explains risk management in riba-free banking, while the final section discusses international institutions related to the riba-free financial system. The book also contains a glossary of terms related to riba-free banking, and a terms index for reader’s ease in academic study.
A book containing the fullest coverage as to why Islam does not oblige Muslim women to cover their hair. Compiled by Omar Hussein Ibrahim, based in London, using the best academic material and press commentary available today.
This book presents fused deposition modeling (FDM) which is an additive manufacturing (AM) process to fabricate 3D parts from a build-up of 2D layers. The chapters present an experimental analysis of fatigue characteristics of FDM-processed PLA samples. The results indicate that the concentric build orientation provides highest cycles of fatigue, ultimate strength, and impact energy. The effect of layer orientation on the fatigue behavior of 3D-printed PLA samples is investigated in this case study.
Lignin in Polymer Composites presents the latest information on lignin, a natural polymer derived from renewable resources that has great potential as a reinforcement material in composites because it is non-toxic, inexpensive, available in large amounts, and is starting to be deployed in various materials applications due to its advantages over more traditional oil-based materials. This book reviews the state-of-the-art on the topic and their applications to composites, including thermoplastic, thermosets, rubber, foams, bioplastics, nanocomposites, and lignin-based carbon fiber composites. In addition, the book covers critical assessments on the economics of lignin, including a cost-performance analysis that discusses its strengths and weaknesses as a reinforcement material. Finally, the huge potential applications of lignin in industry are explored with respect to its low cost, recyclable properties, and fully biodegradable composites, and the way they apply to the automotive, construction, and packaging industries. - Reviews the state-of-the-art on the topic and their applications to composites, including thermoplastic, thermosets, rubber, foams, bioplastics, nanocomposites, and lignin-based carbon fiber composites - Presents the essential processing and properties information for engineers and materials scientists, enabling the use of lignin in composites - Provides critical insight into the applications and future trends of lignin-based composites, including advantages, shortcomings, and economics - Includes a thorough coverage of extraction, modification, processing, and applications of the material
Are you concerned about passing the Maritime oral exam? Do you feel overburdened by the amount of knowledge you need to acquire? Stop fretting! Oral Preparation Watchkeeper Deck Mates Question and Answer Guidelines is the book for you and the solution to your worries. Becoming a Watchkeeper Deck Mate has never been easier. Developed and written by a Senior Internal Auditor, this comprehensive guide is designed to get students studying for their 2nd Mate Deck Watch Oral Exam to reinforce their existing skills and knowledge. The simple-to-read and understand question-and-answer format contains over 30 chapters and provides students with every testing scenario, including an AMSA Oral Examination checklist, guidelines, and an additional reading list. Get your copy and sail towards success on your Deck Watchkeeper Oral Exam with confidence. Omar Ali Al Ahmadi was born and raised in Abu Dhabi, United Arab Emirates. Raised in a distinguished household where he learned the value of hard work, generosity, and the significance of dedication, discipline, and tenacity for personal growth. Omar graduated from the University of Tasmania with an advanced degree in Nautical Science. His goal is to increase the value of practical knowledge in an institutional setting and advance the quality of those in his industry. All benefits derived from the book will be fully transferred to cancer patients.
Before I came to this foreign soil, I took all my love and affection out of the heart and put all of these into archive of my dreams. (‘Relative in a Foreign Land’) Taken together, this generous collection of stories offers English readers an unprecedented glimpse into the lives of Bangladeshi migrant workers oscillating Singapore and the mother country, home seen through the lens of a twenty-first century Bangladeshi Muslim male lens. That lens deftly and shifts between Singapore and Bangladesh, past and present as co-workers, hitherto little known, recount their often heartbreakingly sad stories. One gets the impression that the narrator for the main part is the same in each story, a soft-hearted administrative worker in the marine sector, his dark skin on more than one occasion leading to him being mistaken for a Singaporean of Tamil descent, not recognised by his own Bangladeshi countrymen. The narrator is ultimately the catalyst or repository for the stories of the varied quotidian workers he encounters. While not topographically explicit, the stories catch for us up close something of the poetry of conversations between migrant workers, often revealing complicated: stories of a worker missing his father’s funeral far away, a mother’s sorrow even when her migrant son for whatever reason tries to lie on speakerphone, unfairnesses, such as being sent home without warning after one infraction. Singapore is the backdrop, the city and focus of many delusory dreams of fortune, loss and homesickness. The stories are elliptically, poetically recounted. A profound tragic beauty flowers out of the migrant quotidian as the speaker encounters a variety of multicultural voices, the sad, thorny lives contended with that lie behind the hard work done by migrants. Stories like ‘Love of Farhan’ take us to and leave us in discombobulating, unexpected places, raising more questions than answers. As with these story endings, there is no easy solution to the dauntingly complicated problems revealed. Striking in these stories is the deft economy, and perhaps what is not said. At times I was reminded of Mikhail Lermontov. I was often struck by quotable arrestingly memorable lines, [religion] “really has an awesome power to make a stranger a relative and a relative a stranger.” “he smiled like a robot. It was nothing like a smile.” “Everyone was bought with money; everyone gave in to money and wealth”. “Woman’s love makes us happy, but family’s love gives us satisfaction.” “I was sweating like a cold water bottle” “the smile was dominated by the helpless tone of his face”. In a kind of epiphany Bangladeshi migrant workers arriving in Singapore recognise how Bangladeshi brides must feel homesick, wives feel insecure. Through these stories, we in Singapore might begin to constructively appreciate not only the sacrifices of the men who come to work here but also their wives and family left without husbands and fathers for long periods at home. So there is a message in these stories, but also an evocative beauty in which we encounter a world of Jacobin cuckoos, beparis adams, betel nuts (whether Bengali or Burmese) and traditional leaf cigarettes. Here are also bittersweet poignant moments of migrant life, such as hearing the first cry of your first-born son back in a Bangladesh hospital over a handphone (45), or the joy at finding at last a rare Bangladeshi provision shop only to find shortly after the kind owner is ill, has passed away. Is it wise to be ‘pennywise’ for years in Singapore, as one story suggests, or send all your money home for family? “We expatriates are like cows with milk” as one worker reflects – but what happens when the milk runs out? Workers are often pressured into coming by family, community – even back home are those sacrifices properly appreciated, remembered? The book’s moral seems to be for us to show empathise, demonstrate sympathy for all in this world in a world of pain. Figures of ridicule turn out to be objects of sympathy. It seems almost everyone is nursing a to be told sad story. “Every man has a river inside” Migrant workers it seems are surviving on happy memories of home, and family. in ’Sabri’ a dead young Singaporean co-worker lives through the fond memories and prayers of his co-workers from many parts of the world. In ‘Room Leader’ dormitory life is evoked, a key, telling part of migrant experience. This story is also a call to perhaps to listen to the wisdom of the young me in this rapidly evolving world. Workers cry over a discarded cigarette, a ruined fish dish, but really, they are crying over something else. Only good humour, understanding and empathy bring some consolation for real. Again, and again, narrators, co-workers fail to fathom the depth of others’ trials. But maybe we could all try a little better. By reading these stories you enter tragic-comic lives you perhaps never realised before, and yet perhaps uncannily similar in some ways to your own.
Islamic finance is a growing part of the global financial sector. The risks faced by Islamic banks are real, and how well they mitigate them will determine their future. This book answers questions regarding how Islamic Financial Institutions should focus on their risk management practices and the necessary solutions and policy implementation tactics. It also analyses the risk mitigation techniques Islamic institutions are putting to use, looking at different Islamic banks from across the world to investigate their strategies and solutions. Among the topics discussed here are the implementation and outcomes of Basel III, practical enterprise risk management practices, liquidity risk management, and the success story of the global takaful industry.
It has taken over five centuries for banking to evolve to its present state, and the concept of “interest” is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930s. Interest (riba) is still outlawed in Islam, with the term “riba-eater” being one of the cruellest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following the jurisprudence laid in the Quran and Sunnah of Prophet Mohammad (sallallahu alayhi wa sallam). As such, this mode of banking and finance without riba is recognised as “Islamic banking”. This name has often been criticised by scholars as there is no philosophy of banking in Islamic teachings. Consequently, some of the banks that follow these regulations have adopted other names, such as savings banks and finance houses. This book explains the philosophies behind the current trend in riba-free banking which is implemented as Islamic banking around the world. The book is divided into five sections, the first of which is related to the introduction of riba-free banking. The second is related to the fundamentals, concepts and beliefs of riba-free banking organisations, while the third differentiates between two streams of financial models. The fourth section explains risk management in riba-free banking, while the final section discusses international institutions related to the riba-free financial system. The book also contains a glossary of terms related to riba-free banking, and a terms index for reader’s ease in academic study.
A powerful and essential memoir of self-discovery . . . Brimming with beautiful remembrances of his grandfather and terrifying stories of abuse and homophobia, this is an essential book that shines a much-needed light on the intersection of Arab and queer identity." —Abdi Nazemian, Lambda Literary Award–winning author of Like a Love Story, a Stonewall Honor Book The grandson of Hollywood royalty on his father’s side and Holocaust survivors on his mother’s, Omar Sharif Jr. learned early on how to move between worlds, from the Montreal suburbs to the glamorous orbit of his grandparents’ Cairo. His famous name always protected him wherever he went. When, in the wake of the Arab Spring, he made the difficult decision to come out in the pages of The Advocate, he knew his life would forever change. What he didn’t expect was the backlash that followed. From bullying, to illness, attempted suicide, becoming a victim of sex trafficking, death threats by the thousands, revolution and never being able to return to a country he once called home, Omar Sharif Jr. has overcome more challenges than one might imagine. Drawing on the lessons he learned from both sides of his family, A Tale of Two Omars charts the course of an iconoclastic life, revealing in the process the struggles and successes that attend a public journey of self-acceptance and a life dedicated in service to others.
Only words from the heart are able to directly speak to the heart. This book is for every mother and father, trying their best to care for the most precious gift of childhood. This book is dedicated to every little soul, suffering or struggling-because they are not alone.On the Shoulders of the Prophet is a great work by one of the prominent Muslim educators and psychiatrists in the Western hemisphere. The book is carefully written, soothing to the heart, and helpful to parents, educators, social service workers, or anyone else who works with and cares for children.
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