Islamic Finance and Banking In recent years, there has been a significant increase in the number of Islamic financial institutions. This in itself has led to an increase in the number of inventions in the Islamic banking market. The Market has however not fully developed. According to a report by the global Islamic finance, there were only about 505 registered Islamic banks in 2017. This paper seeks to come up with new a new Sharia compliant financial instrument that can be used in Islamic finance. Due to advancement in technology, a virtual bank is one of the less popular and unexplored options in Islamic Finance and banking. There is a huge potential in Islamic world as most people prefer using debit or even credit cards. This system will use the Murabanah and mudarabah type of structure to provide cashless banking solutions. This will be made possible by introducing and issuing digital cards to our available customers. Developing a mobile application so that our customers are able to access their details anywhere despite their locations. They will also be able to…
Economics of Illicit Drugs The economic justification of laws legalizing or prohibiting cannabis continues to draw significant research interests. The fight against illicit drugs has led to the establishment of different policies targeting the producers, transit, and consumer countries. One of the concerns is the growing number of criminal networks that respond to the demands, albeit regulatory restrictions. Auriol, Mesnard, and Perrault (2019, p. 2) estimate the black market to be worth over 142 billion dollars. As such, arguments for cannabis legalization have gained momentum with the pro-legalization groups positing that legalizing cannabis is a more effective crime reduction approach than its prohibition. This persuasion has enticed various countries, including Canada, that have decriminalized cannabis recently. Nonetheless, there are rising concerns over the regulatory encounters that seem to be limiting the economic and social prospects. This paper applies economic theories to analyze the arguments of Bear (2019) in Fear still rules cannabis regulation. The discourse evaluates Bear’s argument within the lens of economic theories and concepts. An Overview of the Article In the article, Fear still rules cannabis regulation,…
Organization Crisis – Patient/Client Exploitation within a medical facility Case Study scenario/ Crisis Overview: The health care facility management has a unique Facebook Messenger and WhatsApp group where nurses, as well as doctors, report their daily discharges and admissions. Additionally licked conversation from the groups indicated that the medical practitioners are given specific targets to meet by the management each day. The manager can be seen evaluating the progress and becomes frustrated when a large percentage of people are discharged. Therefore the hospital managers have established a scheme to defraud and exploit patients through inflating drug prices, delayed discharges and unnecessary admissions. Patients have no option but to do what they are instructed, and then pay for what they are asked irrespective of how bad and costly the service may be. There’s no way that they can assess whether anyone else could be cheaper or better. Decision-making models or approaches were used by the company when managing this crisis Approaches used In managing the crisis, the hospitals’ management boards had to bring onboard highly visible organization leaders who were required…
How To Make Money From Facebook Before making money through Facebook, it is important to know that earning here depends on reputation. That is, the more fame, the more money. No fame, no money. So before earning a reputation, one must make a reputation. Making a reputation is not difficult but hard work. You provide good content to your friends on a daily basis. Gradually, people will get to know you. When your followers or your page likes at least five thousand, then think about earning. Here are four ways to make money through Facebook, in some detail: Affiliate Marketing Affiliate marketing is one of the most popular ways to make money from Facebook. There are a lot of websites in the internet business that sells things online. These websites require people who can publicize their products on social networking websites. These websites, in turn, pay them a commission. Remember, this commission does not come from mere Facebook. If one of your followers or page likes buy within a specified period, you will receive that money in return. Amazon…
Giftmatt Holdings Limited Supply Chain System 1. Introduction In the present-day business world, the focused edge of an organization over its rivals depends dynamically on its capacity to adapt to various difficulties to get control over cost, upgrade item quality and offer predominant customer benefit. A compelling purpose behind this is credited to the way that opposition is currently being pursued between or crosswise over supply ties and not kept to just between organizations anymore. Presently, supply chain administration at Giftmatt supermarkets rehearses regarding the union of data streams, items and administration streams, coordination and instalment streams are changing the ways that organizations deliver merchandise, showcase them and give administrations and subsequently make expanding an incentive for clients. Supply chain Management system is the primary foundation for Giftmatt to develop a viable competitive edge for goods and services in the market place. Consistent among most definitions of supply chain management is the concept of regulating or integrating of several products and service appropriate activities, mutually shared information, jointly shared risks and rewards, cooperation, building and maintaining of long-term relationships. 2.…
Closed-Loop Supply System Annotated Bibliography Geyer, R., & Jackson, T. (2004). Supply Loops and Their Constraints: The Industrial Ecology of Recycling and Reuse. California Management Review This study by Geyer and Jackson focused on introducing a framework that would aid managers in identifying and assessing supply loop methods. The study determines that there was an increasing number of firms in North America, Europe, and Asia that were taking part at the end of life management of a product. The study also highlights the significance of constraints in the supply chain. Kumar, N. R., & Kumar, R. S. (2013). Closed-loop supply chain management and reverse logistics-A literature review. International Journal of Engineering Research and Technology, 6(4), 455-468. This research paper by Kumar and Jackson was conducted to examine how Dell company utilized the closed-loop supply chain in its day to day activities. Techniques established in the company include modularity, postponement, vendor managed inventory, demand management, and supply chain management. The study suggests that there is a need to focus on efficiencies in the supply chain as a means of establishing customer…
Wavefun Xpods 3T price in BD Wavefun pro comes with cutting edge features and a budget-friendly price in Bd. The highlighting features and advanced technology make the Bluetooth headphones stand out among a long list of Bluetooth headphones in the market. Features of Wavefun Xpods 3T The super-advanced audio technology of these headphones like Qualcomm apt-X, AAC and SBC.aptX create CD level music quality. Its multiple audio formats provide users with high-quality music. Anyone who might worry about the voice quality over call might stop worrying as well. For Wavefun Xpods 3T comes with noise suppression and enhanced audio quality. Both of these qualities support clear, error-free and the best voice quality. With six hours long battery life with extra power from the charging case, you can use the Wavefun Xpods 3T up to 30 hours. The power consumption of these headsets is twice less than other headsets. It has a battery of 600 mah capacity. Plus the charging case is pocket-friendly enough to carry it everywhere you go. Use it anytime; use it all day without worrying about…
MPOW T6 low price in bd Looking for the perfect wireless buds that fit perfectly in your ears? MPOW T6 can surpass all your expectations or even shock you because of MPOW T6 low price in BD. Excellent in sound quality, water, and sweatproof quality, high power holding capacities are its highlighting features. MPOW T6 Features Extended Battery Life Mpow earbuds last for three and a half hours with a single charge. The charging case can support 5- 6 times recharge of the earbuds. The charging case itself takes only 2 hours to be fully charged. The charging case is like a power bank to your earbuds. In total, it has 19 hours of music playback time. IPX7 water protection Mpow wireless earbuds are resistant to rain, sweat, and water. Instead of interacting with the daily activities, it complements your activities like workouts, running, traveling. Stable connectivity The earbuds automatically enter pairing mode when you take them out of the charging case. Its 5.0bluetooth version supports stable connection within the distance of 49 feet. Enjoy a faster and smoother…
Best Ways To Transfer Money Online Gone are the days when you have to go to banks for money transfers and wait for the turns while standing in long queues. In this digital era, transferring funds/money from one bank to another has become so easy and convenient without any hassles. The banking system has evolved and brought you the easiest ways to transfer funds or send money from one account to another. There are several ways in net and mobile banking through which money can be sent, and bills can be paid. Here are some: By using IFSC Code You can transfer funds online using NEFT (National Electronic Funds Transfer), RTGS (Real-time gross settlement), and IMPS (Immediate Payment Service). It requires IFSC Code, which helps in performing online transactions without any error. Moreover, the NEFT and RTGS payment services were initiated by the Reserve Bank of India (RBI), while NPCI (National Payments Corporation of India) launched IMPS service. Payment Service NEFT RTGS IMPS Process This payment process is dependent on Deferred Net Settlement (DNS). The funds transfer will be implemented…
Personal Narrative Being born and brought up in a family of business-minded parents, I developed my interest in business at a tender age. My mom was a famous fruit vendor in Phoenix town of the Arizona state, United States of America. My father owned several real estates and commercial enterprises in the entire state of Arizona. I spent my childhood in Apple Groceries, the name of my mom’s business. The customer relations, communication, management and financial skills that I learned from my mother’s business would later help me build my business portfolio. I was ten years old when an idea struck in my mind that I should begin building my empire. Before then, I had passed through various business journals, articles and amassed myself critical knowledge of what it takes to survive in the business world. To build up my knowledge, I had also learned key takeaways from some of the then entrepreneurs like Oprah Winfrey of the Oprah Winfrey Network and Peter Thiel, the co-founder of Pay pal and founder of Palantir. With such knowledge and first-hand experience, I…