...CHAPTER 1 INTRODUCTION 1.1 The Introductory Paragraph Islamic banking refers to a system of banking that complies with Islamic law also known as Shariah law. The underlying principles that govern Islamic banking are mutual risk and profit sharing between parties, the assurance of fairness for all and that transaction are based on an underlying business activity or asset. The Islamic banking system has gained momentum worldwide. There are now 16 Islamic banks and financial institution operating in Malaysia. The popularity of the Islamic banking system is not limited to the Islamic bank only. The conventional system also interested in Islamic banking system For instance, CIMB has established CIMB Islamic bank that operates in accordance with Islamic Shari’ah principles. Islamic banks faced with strong competition not only from Islamic bank but also from conventional banks. The Islamic banking system is different from the conventional banking system but have some similarities between the two. For example, an Islamic bank conduct s its activities in accordance with the Islamic Shari’ah principle that strictly prohibit any payment or receipt of interest. However, the Islamic bank can offer product and service which are similarity by conventional bank. When Islamic banks or conventional banks offered any new product or service, the successful depends on the customer satisfaction level towards that product or service. In this competition, they must have to give extremely high...
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...Date | Week | Topics | 30/11/14-6/12/14 | Week 1 | Ice Breaking & Chapter 1a ( Introduction To Management) & Chapter 1b (Evolutions Of Management Thought)-Ice Breaking Session-Inform about entrance & exit survey-Provide information regarding Lesson Plan, Assessment and Quizzes-Tutorial Activity: * Discuss about 4 process of management that have been practised as a student in their daily life or during an event that they involved. * Share the process by a short and simple presentation. * Answer past year exams question on Ch1 (Quiz 10 minutes)-Students need to draw mind map for Chp 1 on white board and do short review -Blended Learning: Share how a company involved in POLC for an event for the organization | 7/12/14-13/12/14 | Week 2 | Chapter 2 (Planning)-Students need to draw mind map for Chp 2 on white board and do short review -Tutorial Activity: * Answer past year exams question on Ch2(Quiz 10 minutes) * If planning is important, why do some managers choose not do it? Submit a short presentation about planning barriers and the benefit of the planning.-Blended Learning:Students are request to share their planning that they have prepare to study in UiTM | 14/12/14-20/12/14 | Week 3 | Chapter 3 (The Nature Of Decision Making)-Students need to draw mind map for Chp 3on white board and do short review -Tutorial Activity: * Answer past year exams question on Ch3 (Quiz 10 minutes) * Form a group of 4 persons. Students need to discuss their...
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...philosophy or principles Mision vision obj corporate strategy Part 3 changes in banking practices and practical application of islamic bank Implement islamic or not Trading activities Product Annual reports Donation Sponsorship Part 4 problem Effect Solution Financial statement PART ONE Board of Directors | | Mr. Salah Mohd I Al Jaidah Chairman | | Dr. Saleh Jameel Malaikah Deputy Chairman | | | | Dr. Fouad Hayel Saeed Director | | Mr. Shahzad Shahbaz Director | | | | Mr. Subrata Kumar Mitra Director | | Mr. Syed Maqbul Quader Director | | | | | | | | | Dato’ Dr Md Khir Bin Abdul Rahman Independent Non Executive Director | | Dato’ Noorazman Bin Abd Aziz Independent Non Executive Director | | | | Dato' Sri Dr. Muhammad Shafee Bin Muhammad Abdullah Independent Non Executive Director | | | | Management Team | | | Datuk Mohamed Azahari Kamil Chief Executive Officer | | | | | | Roslan Hj Shafiei Chief Operating Officer | | | Abdul Latif Bujang Masli Chief Financial Officer | | | | | | Sharifah Normah Acting Head, Risk Management | | | Azidy Bin Daud Treasurer | | | | | | Faris Yahya Head, Investment Banking | | | Zamri Shariff Head, Asset Management | | | | | | Mohd Fauzi Mohd Salleh Acting Head, Corporate Banking | | | Balasubramaniam Veloosamy Head, Internal...
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...INTRODUCTION The International Islamic University Malaysia is the institute we selected in our educational industry, also known as IIUM or UIAM, it is one of the Public Institutions of Higher Education (PIHE) in Malaysia. Its main campus is located in Gombak, Selangor with its Centre for Foundation Studies situated in Petaling Jaya and its medical-centric branch in Kuantan, Pahang. The university was established in 23 May 1983, founded on Islamic principles. Islamic values are inculcated into all disciplines. The university offers bachelor, master's degree and PhD courses at its 13 faculties. The university's language of instruction was to be English and Arabic, and many of its students would come from overseas. As Malaysian law did not allow for this, IIUM was incorporated under the Companies Act of 1965. Thus it became the first international university and the first university in Malaysia to use English as the medium of instruction and administration. The philosophy of the University was inspired by the recommendations of the first World Conference on Muslim Education held in Mecca in A.H. 1398/ A.D 1977. IIUM aims to become a leading international centre of educational excellence which seeks to restore the dynamic and progressive role of the Muslim Ummah in all branches of knowledge and intellectual discourse The summary of the objective should read as follows: • • • • Integration Islamization Internationalization Comprehensive Excellence 1 The Board of Governors is...
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...Islamic banks face a greater number of risks compared to conventional banks. These additional risks arise for various reasons, including the specific nature of financing contracts and legal requirements to ensure compliance with Shariah principles. In order to manage and mitigate these greater risks, an Islamic bank needs to allocate more resources than what a conventional bank would need to do for the same purpose. A recent study of risk management practices of Islamic banks in Pakistan, undertaken by the authors, reveals that the strength of risk management practices has a negative relationship with profitability. The study examined the risk management practices of all five full fledged Islamic banks operating in the country. However, it is thought that while Islamic banks would need a relatively higher commitment of resources for their risk management function and thereby adversely affect profitability, it is crucial for their sustenance in the long run. Islamic banks need to arm themselves with management skills and operational systems to cope with this environment in the face of rapid growth. A weak risk culture has been identified as a hindrance to sustainable growth of Islamic banks by EY World Competitiveness Report 2013. The risks identified by the IFSB Guidelines 2005 were the focus of the study. These include credit risk, market risk, liquidity risk, operational risk, Shariah compliance risk, equity investment risk, rate of return risk and displaced commercial...
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...About Al Baraka | | Al Baraka Islamic Bank B.S.C. (c) - Bahrain (AIB - Bahrain) established 1984 in Bahrain and up the years has pioneered the development of Islamic banking and finance. The Bank is registered with the Bahrain Ministry of Industry &, Commerce CR no. 14400 and is licensed by Central Bank of Bahrain (CBB) as an Islamic Retail Bank, with an authorized capital of US$ 600 Million, of which US$ 122 Million has been issued and fully paid.AIB - Bahrain is one of the Banking Units of Al Baraka Banking Group's (ABG). ABG is a Bahraini Joint Stock Company listed on Bahrain and Dubai stock exchanges and one of the well-known leading international Islamic banks. It has been rated by Standard & Poor's as BBB- with a short-term rating of A-3. ABG offers retail, corporate and investment banking and treasury services strictly in accordance with the principles of the Sharia'a. The authorized capital of ABG is US$1.5 billion, while the total equity amounts to about US$ 1.8 billion. The Group has a wide geographical presence in the form of subsidiary banking Units in 14 countries, which in turn provide their services through more than 400 branches. These banking Units are Jordan Islamic Bank/ Jordan, Al Baraka Islamic Bank - Bahrain, Al Baraka Bank Limited/ Pakistan, Banque Al Baraka D'Algerie/ Algeria, Al Baraka Bank Sudan/ Sudan, Al Baraka Bank Ltd/ South Africa, Al Baraka Bank Lebanon/ Lebanon, Al Baraka Bank Tunisia/ Tunisia, Al Baraka Bank Egypt/ Egypt, Al Baraka...
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...FORM C: ABDC 2013 JOURNALS LIST REVIEW RATING UPGRADE SUBMISSION *** PLEASE NOTE THAT: FORM C is designed to formalise requests to the ABDC Journals Review Panel 2013 seeking an upgrade in rating of an academic journal which is currently included and rated in the ABDC 2010 list e.g. seeking to raise a rating from a “B” to an “A” journal. Please complete a separate form relating to each journal for which you wish to make a submission of this type. Journal Title: MALAYSIAN ACCOUNTING REVIEW QC1. FIELD of RESEARCH (FoR) PANEL to which this request is directed (tick one box only): 0806 Information Systems 1401-1499 Economics 1501 Accounting 1502 Finance 1503 Management 1504-07 Marketing/Tourism/Logistics 180105/1801025 Business and Taxation Law QC2. WHAT ABDC 2013 RATING DO YOU PROPOSE FOR THIS JOURNAL? A* A B C QC3. WHAT ABDC 2010 RATING WAS THIS JOURNAL ASSIGNED? A* A B C QC4. WHAT ERA 2010 RATING WAS THIS JOURNAL ASSIGNED? A* A B C not applicable QC5. NOMINATE “THE BEST” COMPARATOR JOURNAL (journal from the ABDC 2010 list that is most similar in research quality): ASIAN REVIEW OF ACCOUNTING QC6. JOURNAL INFORMATION Editor’s Name: PROF. DR NORMAH OMAR Web Address: http://ari.uitm.edu.my/mar.html Institution: UNIVERSITI TEKNOLOGI MARA NATURE OF SUBMISSION QC7. Primary submitter type (tick one box only) Higher Education Institutional Submission (e.g. formal submission from Business...
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...ADMISSION PROSPECTUS 2012 UNIVERSITY OFFICIALS Prof. Dr. Pirzada Qasim Raza Siddiqui Vice Chancellor Prof. Dr. Shahana Urooj Kazmi Pro-Vice Chancellor Prof. Dr. Nasiruddin Khan Pro-Vice Chancellor 99261336 99261300 Ext: 2210 vc@uok.edu.pk 99261396 99261300 Ext: 2531 shahanaurooj@uok.edu.pk 99261340 99261300 Ext: 2532 drnasirkhan@uok.edu.pk DEANS OF FACULTIES Prof. Dr. AbuzarWajidi Faculty of Management & Administrative Sciences Prof. Dr. ZafarIqbal Faculty of Arts Prof. Dr. Darakhshan J. Haleem Dean Faculty of Science Prof. Dr. Ghazala H. Rizwani Faculty of Pharmacy Prof. Dr. HisamuddinMansoori Faculty of Islamic Studies Prof. Dr. S. M. Abbas Faculty of Medicine Prof. Khursheed A. Hashmi Faculty of Law Prof. Dr. Darakhshan J. Haleem – Dean Faculty of Science (Caretaker) Faculty of Engineering Prof. Dr. ZafarIqbal – Dean Faculty of Arts (Caretaker)Faculty of Education University of Karachi Page 3 ADMISSION PROSPECTUS STUDENTS’ STUDENTS’ AFFAIRS o look after students affairs, in general, and to supervise their extra-curricular activities in particular, an office of Advisor Students’ Affairs is situated at the first floor of the Administration block. Teachers and the staff are available for the students’ guidance. 2012 M.Phil./Ph.D theses to students of various departments of the University. LEJ Digital Library is also available at the campus that can be used by all the students to access a large number of books or journals on-line. T Transport: Over...
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...Volume-2, Issue-7 Chief Patron Dr. JOSE G. VARGAS-HERNANDEZ Member of the National System of Researchers, Mexico Research professor at University Center of Economic and Managerial Sciences, University of Guadalajara Director of Mass Media at Ayuntamiento de Cd. Guzman Ex. director of Centro de Capacitacion y Adiestramiento Patron Dr. Mohammad Reza Noruzi PhD: Public Administration, Public Sector Policy Making Management, Tarbiat Modarres University, Tehran, Iran Faculty of Economics and Management, Tarbiat Modarres University, Tehran, Iran Young Researchers' Club Member, Islamic Azad University, Bonab, Iran Chief Advisors Dr. NAGENDRA. S. Senior Asst. Professor, Department of MBA, Mangalore Institute of Technology and Engineering, Moodabidri Dr. SUNIL KUMAR MISHRA Associate Professor, Dronacharya College of Engineering, Gurgaon, INDIA Mr. GARRY TAN WEI HAN Lecturer and Chairperson (Centre for Business and Management), Department of Marketing, University Tunku Abdul Rahman, MALAYSIA MS. R. KAVITHA Assistant Professor, Aloysius Institute of Management and Information, Mangalore, INDIA Dr. A. JUSTIN DIRAVIAM Assistant Professor, Dept. of Computer Science and Engineering, Sardar Raja College of Engineering, Alangulam Tirunelveli, TAMIL NADU, INDIA Dr. Krishan kumar Dean, School of Life Sciences, Singhania University Rajasthan, INDIA A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial...
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...DETERMINANTS OF AMANAH RAYA BERHAD EFFICIENCY PERFORMANCE NURFASHA AZLIN BINTI MOHAMAD 2009404328 BACHELOR OF BUSINESS ADMINISTRATION (HONS) ISLAMIC BANKING FACULTY BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA SHAH ALAM SEPTEMBER 2011 LETTER OF SUBMISSION 18 JANUARY 2011 Prof. Madya Dr Ismail bin Ahmad The Programme Coordinator Bachelor of Business Administration (Hons) Islamic Banking Faculty of Business Management Universiti Teknologi MARA 40450 Shah Alam Selangor. Dear Sir, SUBMISSION OF PROJECT PAPER Attached is the project paper titled “Determinants of Amanah Raya Berhad Efficiency Performance” to fulfill the requirement as needed by the Faculty of Business Management, Universiti Teknologi MARA. Thank you. Yours sincerely, ………………….. NURFASHA AZLIN BINTI MOHAMAD 2009404328 Bachelor of Business Administration (Hons) Islamic Banking BACHELOR OF BUSINESS MANAGEMENT (HONS) ISLAMIC BANKING FACULTY BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA SHAH ALAM “DECLARATION OF ORIGINAL WORK” I, Nurfasha Azlin bt Mohamad ( I/C No : 881120-56-5392) hereby declare that : * This work has not previously been accepted in substance for any degree, locally or overseas, and is not being concurrently submitted for this degree or any other degree. * This project paper is the result of my independent work and investigation, except where otherwise stated. * All verbatim extracts have been distinguished by quotation marks and sources...
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...PERFORMANCE MANAGEMENT 1 Objective Objective of this policy is to set a process for managing the performance of the employees so as to achieve the ultimate objective of the organization. By adopting this policy we aim to attain the following objectives: 1 To help employees setting their priorities (objectives) right at the beginning of the year; 2 To align the individual/employees objectives with departmental objectives and the departmental objectives with the organizational objectives; 3 To enable/facilitate evidence based decision making in: a. Determination of compensation packages, wage structure, Salaries adjustment/raises, etc.; b. Employees retention, succession planning, Training &development 4 To identify the strengths and weaknesses of employees to place right men on the right job; 5 To maintain and assess the potential present in a person for further growth and development; 6 To provide a feedback to employees regarding their performance and related status; 7 To improve the working habits of the employees. 2 Scope This policy is applicable to all regular employees of the Organization. 3 Accountabilities 4.1 The Vice Chancellor (VC)/Executive Director (ED) – Based on the five years plan shall ascertain the key result areas for the year. 4.2 Deans shall ascertain their individual faculty’s contribution to achieve the key result areas set by the VC/ED and shall be responsible for the development...
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...INTERNATIONAL JOURNAL OF SCIENTIFIC & TECHNOLOGY RESEARCH VOLUME 1, ISSUE 11, DECEMBER 2012 ISSN 2277-8616 Contributions of Madrasah To The Development of The Nation Character Ma'zumi, Jakaria Abstract:-The purpose of writing this article is to discuss the contribution of madrasah to the development of the nation character. Analysis methodology used in this study is qualitative analysis based on causal effectual analysis model, which connects the madrasah conditions and their effects on the development of the nation character. The result showed that madrasah could provide a positive and significant contribution to the development of the nation character. Index Terms:- Madrasah, education, national character. ———————————————————— 1 INTRODUCTION Pesantren and madrasah is the root of education in Indonesia. Pesantren and madrasah have produced many leaders in the field of education, religion (scholars), statesman even hero, so it can not be denied the role and contribution to the character with establishment of the Nation, such as Wahid Hashim, Hamka, Hasyim Muzadi, Mahfud MD. In the contemporary context, encountered symptom of moral decline that is really worrying, such as fraud, deceit, oppression, and harm each other, even fight each other which not only affects adults but also among the students, as a generation, have tarnished the credibility of the education (Nata, 2003), it was time for madrasah to act more minimizing the deterioration of the nation and mankind in general...
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...topic assigned to them. During the program each student issupervised and guided by a teacher of the department. It enables the students to develop their analytical skills and scholastic aptitudes.I have conducted a study on “ Credit Risk Analysis of First Security Islami Bank Limited’ .My supervisor Mr. Ashraful Ferdous Chowdhury, Lecturer, Department of BusinessAdministration, Leading University, Sylhet, also approved the topic and authorized me to prepare this report as part of the fulfillment of internship requirement. 1.2 Objectives The objective of this report is to focus on two broad issues. One is to briefly look at FirstSecurity Islamic Bank and understand the whole banking process, keeping close attention ontheir culture. The second objective and the main issues of this report is as follows- • To briefly discuss about the different investments made by FSIBL and discuss their process, policies and regulations. • To briefly discuss about the consumer credit approval procedure of the Bank as a system. • Analyze different important risk assessment criteria in credit risk management. 1.3 Scope The report limits its scope to First Security Islamic Bank only. 1 1.4 Limitations • Information at the bank is confidential & critical. FSIBL maintains their credit policy and different statistical information strictly confidential. • The findings are not statistically validated. No statistical analysis is done. The findings are not statistically...
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...Report on an Analytical Review of Management Course: MGT 210 Prepared For KH.ASEF SAFA KABIR Lecturer North South University School of Business Group Name: MaximuM SynergY Course: MGT 210 Instructor: KH. ASEF SAFA KABIR (KSU) Section: 5 School of Business (B.B.A) North South University Dear Sir, We are glad to inform you that we have formed a group of six members and the following there are the names and IDs of our group members. Name: Mahmudul Reza ID: 1420621030 Name: Ahamad Mostofa Montasir ID: 1330348030 Name: Sazid Ahmed ID: 1410066630 Name: Shithi Samad ID: 1410566630 Name: Tanvir Hossain ID: 1320196030 Name: Lutful Kabir Sadi ID: 1220319030 Letter of Transmittal 09 December, 2014 To KH.ASEF SAFA KABIR Lecturer NSU Business School North South University Plot-15; Block-B;Basundhara,Dhaka Subject: Submission of project report on manager of AL-ARAFAH ISLAMI BANK (AIBL) Dear Sir, With due respect, we would like to submit an exclusive Report on Analytical Review of Management. The report deals with whole activities of General Banking in this Bank. We tried our level best to make the report meaningful and informative....
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...In Policy Making In Nigeria: A Case Study Of Commercial Agricultural Project In Kwara State, 2004 – 2010. DR. Abubakar O. Sulaiman And Lawal Abdullahi Oladimeji A Logistic Brownian Motion With A Price Of Dividend Yielding Asset. D. B. Oduor and Silas N. Onyango Poverty Reduction And The Attainment Of The Millenium Development Goals In Nigeria: Problems And Prospects. Adejuwon, Kehinde David and Tijani, Abideen Adekunle Streamlining The Principle Prohibiting Dual Punishment In The Islamic Republic Of Iran’s Penal Code. Mohammed Reza Mojtehedi A critical review of contrastive rhetoric analysis. Alireza Bonyadi Investigating the Effect of Brand Awareness and Brand Image on Purchase Behavior of Customers. Aylar zeynalzade Teachers And Computer Technology: Supervisors’ Views. Dr. Sait AKBAŞLI, Dr. Serdarhan Musa TAŞKAYA, Dr. Ali MEYDAN and Dr. Mehmet ŞAHİN Analysis and Mapping of Flood Line in Godavari River Basin within the Nasik Municipal Corporation Area. Dr.Deepak N.Thakre Ingenious Project Management On Teamwork & Culturel Barriers In William Estate Construction (UK). S. Binil Sundar Accident Analysis In Fireworks Industries For The Past Decade In Sivakasi. N.Rajathilagam, N.Rajathilagam and A.Azhagurajan Village Information System – A Case Study of...
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