...Islamic Banking Financial screening of Islamic equity funds Submitted to: Mr Arsalan Ahmed Submitted By: Muhammad Waqas l10-4747 Haris Naeem l10-4657 Dated: April 9, 2013 Background: While elimination of "Riba" or interest in all its forms is an important feature of the Islamic financial system, Islamic banking is much more. At the heart of Islam is a sense of cooperation, to help one another according to principles of goodness and piety (but not to cooperate in evil or malice). In essence, it aims to eliminate exploitation and to establish a just society by the application of the Shari'ah or Islamic rulings to the operations of banks and other financial institutions. To ensure compliance to the Shari'ah, Islamic banks use the services of religious boards comprised of Shari'ah scholars. Islamic finance may be viewed as a form of ethical investing, or ethical lending, except that no loans are possible unless they are interest-free. Among the ethical restrictions is the prohibition on alcohol and gambling and the consumption of pork. Islamic funds would never knowingly invest in companies involved in gambling, alcoholic beverages, or porcine food products. Its practitioners and clients need not be Muslim, but they must accept the ethical restrictions underscored by Islamic values. Financial Equity ratios: These three ration define the criteria for Islamic equity * Leverage ratio < 33% * Cash + interest bearing securities ratio < 33% * Liquidity ratio < 45%...
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...Lecture 10: International banking The sessions so far have focused on banking in a domestic context. In this lecture we are going to look at the issues which arise from the internationalisation of banking, which has been a growing trend since the 1960s. After looking at the nature of international banking and reasons for its growth, we shall focus on risks. The most important risks are the problem of sovereign risk and the behaviour of the international interbank market (IIBM), although exchange rate risk can also pose difficulties. Definition of international banking Banking transactions crossing national boundaries International lending: • all claims of domestic banks offices on foreign residents • claims of foreign bank offices on local residents • claims of domestic bank offices on domestic residents in foreign currency Deposits similarly classified (by residence of bank or depositor, or currency) Eurocurrency deposits – placed with banks outside the country whose currency the deposits are denominated in (not necessarily in euros!) Features of international banking Key aspects: currency risk and complexity of credit risk besides typical banking risks Competition for market share among banks (typically spreads very narrow) Cyclical nature, with periodic crises Competition for bank loans from the international bond market (close substitutes for loans) Importance of international interbank market (IIBM) as source of liquidity and funding for banks, and risks arising Role...
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...Ballard Case Study Patricia Jones QNT 351 Jan 27th, 2014 Pete Dorsa Introduction and Problem Situation Ballard Integrated Managed Services, Inc. (BIMS) provides food, hospitality, housekeeping and physical plant services for the staff and patients at the Douglas Medical Center. Barbara Tucker, the general manager for this site, has noticed that the morale of her employees has been declining for the past several months. The expected turnover rate is 55-60% annually in this industry. This rate has increased to 64% over the last four months (BIMS Part 1). The use of sick time has increased, overall performance is poor and complaints from the hospital staff are on the rise. Barbara and her management team have not been able to determine why morale is down. The exit interviews that are currently used are not pinpointing the reasons why employees are leaving. Conclusions The data used in the survey is beneficial to the research into why employment morale has decreased for the past several months. Therefore, a questionnaire was designed to examine dependent variable which, “is the key factor that you want to explain or predict and that is affected by some other factors …scholars have emphasized productivity, absenteeism, turnover, and job satisfaction” (Robbins & Judge p. 25). BIMS is experiencing problems with several dependant variables, the focus of this paper examines turnover, which is increasing for BIMS. Each question of the survey addresses issues that require...
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...BHP Mining Company According to Austin (2013), BHP Billiton is a worldwide pioneer in the resources business. Shaped from a merger in the middle of BHP and Billiton, it unites an extraordinary blend of value, minimal effort asset resources, supplemented by an in number administration group resolved to work the advantages in an effective way. BHP Billiton initiated a plausibility study in 2002 into opening a nickel and cobalt mine and handling plant at the expense of $2 billion 35 km east of the Ravensthorpe. The undertaking was affirmed in 2004 and development initiated in a matter of seconds a while later. The plant known as the Ravensthorpe Nickel Project was appointed in late 2007 with first generation happening in October and the initial 5,000 tons being created by December 2007 (BHP Billiton, 2010). The plant was formally opened in 2008, after enormous expense victories and deferrals. Creation was required to add up to 50,000 tons of nickel for each year. In January 2009, BHP Billiton declared that it was suspending generation at the Ravensthorpe nickel mine uncertainly, due the decrease in world nickel costs brought on by the worldwide monetary emergency. Nickel costs, having come to a high of $62,000 per ton in 2008, had tumbled to around $12,000 per ton when of the mines conclusion (BHP Billiton, 2010). Vision and Mission statement of BHP mining According to Mehra (2013), BHP Billiton endeavors to make long haul esteem through the disclosure, improvement and transformation...
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... January 2010 – January 2011 At National Telecommunication Corporation HQ, Islamabad, Capital Territory, Pakistan Network/System Support, Hardware troubleshooting, Data Communication, Next generation Network, Switching, Transmission and Information technology departments Jr. Netwrok Administrator January 2008 to January 2010 WOL Telecom. Islamabad, Capital Territory, Pakistan LAN Management, Administration, Design and Support, Firewall management. RESEARCH Published Waqas Haider, Abdul Wahab "A review on Cloud Computing Architectures and Applications" Vol.2. No.4 (2011) of Computer Engineering and Intelligent Systems Under Review • Abdul Wahab , Waqas Haider, Muhammad Sharif, Mudassarr Raza “The Realization of Personalized E-Learning platform based on 3G Mobile phone and NGN control frame work for SIP based IP Networks”, TURKISH JOURNAL OF ELECTRICAL ENGINEERING & COMPUTER SCIENCES • Abdul Wahab , Waqas Haider, Muhammad Sharif, Mudassarr Raza “A Hybrid Method of Edge Continuity based on Pixel Neighbor Pattern Analysis (PNPA)”, ERCEMAPI 2011 - Artigos ACADIMICS BS Telecommunication and Networking August 2009 at Comsats institute of IT, Wah Cantt., punjab, Pakistan, with (Grade/GPA) 65.7% Wireless Network, Packet Switching, Network Design, Network...
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...PMGT 702- Project Leadership: Skills for Project Managers In Class Case Studies A. Case Study: Fortis Inc. and the Chalillo Dam B. In Class discussion and written team brief September 19, 2012 C. Learning Objectives The objectives of this case as it relates to the Project Leadership Course are threefold: 1. To identify the stakeholders influenced by the corporation and those that influenced the corporation. 2. Determine the influence of each stakeholder (High, Medium, Low) 3. Based on the analysis, develop a strategy for managing the ENGO stakeholder relationship. D. Individual student preparation 1. Obtain a copy of the case study (see instructions below). 2. Prepare at home: Study the case from the point of view of the Learning Objectives (above) and come prepare to discuss the learning objectives E. In Class Written Team Brief You would be placed in teams during the class. A written team brief is required to be completed in class based on the following question: Identify the stakeholders that could influence Fortis or be affected by Fortis in relation to the Chalillo dam business opportunity. How much influence do they have? (Rating scale: H, M, L or a combination of the three) F. Confidential Peer Review Evaluation Due date: September 26, 2012 Each team member MUST complete a confidential evaluation for each of your team members using the template at the end of this document. You MUST hand in...
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... ------------------------------------------------- Mobile : +971 50 1847424 ------------------------------------------------- ------------------------------------------------- E-mail: waqar_111@live.com ------------------------------------------------- shaikhwaqar@eim.ae CAREER OBJECTIVE | My Objective is to hold a position where I will be able to interact with customers on a daily basis as I am a highly articulate person and possess a clear friendly voice while offering concise and polite assistance to customer. I am currently looking for an exciting opportunity in a customer focused environment, where I will be able to deliver a high quality service & support my employer’s vision | WORK EXPERIENCE | * AL WAQAS PRINTING PRESS (2011-Present)Customer Services coordinator / Sales / Account ManagementJob responsibilities: * Daily Interaction with internal and external customers. * Achieving Sales target set on regular basis with the management. * Document Control * Final Account processing * Accounts Payable/Receivables * WPS Payrolls and interacting with UAE Labour regarding employees wages process. * Purchasing and maintenance of parts.. | EDUCATION | Qualification | School | Year | O- Levels | The Westminster School Dubai | 2011 | Diploma in Business & Accounting | Phoenix Financial Training | 2012 | ACCA (UK) | Phoenix Financial Training | In progress | IT PROFICIENCY | ...
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...IJCSI International Journal of Computer Science Issues, Vol. 9, Issue 4, No 3, July 2012 ISSN (Online): 1694-0814 www.IJCSI.org 407 The Impact of Social Media and Social Networks on Education and Students of Pakistan Waqas Tariq1, Madiha Mehboob2, M. Asfandyar Khan1 and FaseeUllah3 1 Department of Computer Science, City University of Science & Information Technology, Peshawar – Pakistan 2 Department of Management Sciences City University of Science & Information Technology, Peshawar – Pakistan 3 Department of Science & Technology Unit UMM AL QURA University, Makkah, Saudi Arabia Abstract The impact of social websites can be good on students but if we have a closer look on the real impact of social networks. Today it is ruining the future and carrier of students. The social networking websites like https://www.linkedin.com, http://www.facebook.com/, https://twitter.com/ and https://www.orkut.com/ etc. are continuously distracting students from their studies. The main focus of student should be education but unfortunately today’s student are emphasizing on such sites which can be a complete wastage of time. Social Networks was only an electronic connection between users but unfortunately it has become an addiction for students, teenagers and even adults. This paper presents impact of social networks on education, students and impact on life of teenagers, further it describes how social networking websites are auditory and dangerous...
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...SOHAIB ANWER 35 MUHAMMAD KHURRAM SAEED 42 HAMMAD SADDIQUE 43 SAAD DANIYAL MUSSADIQ 50 ABDUL WALEED BUTT 51 ZUBAIR TANVEER 52 SAJID KHALID 53 SULAIMAN DAWOOD 54 HUNAIN FAISAL 55 TAMOOR SADIQ 56 MUHAMMAD ABEER AZMAT 57 MUHAMMAD BILAL SAJJAD 58 HAFIZ MUHAMMAD ASHIR 61 MUHAMMAD MURAD NAWAZ 64 NAYAB MAZHAR 65 FAIZAN KHALID 66 ARBAAZ ALI KHAN 67 MUHAMMAD UZAIR UL HASSAN 68 KHISAL IFTIKHAR 70 HAMZA KHALID BUTT 74 FAREEHA NADEEM 75 ABAD HAYEE 78 NAMRA SOHAIL 79 ABEER JALEEL DAR 80 MUHAMMAD KHIZER ASHFAQ 81 USAMA AKMAL 85 TALAL QASIM 89 MUHAMMAD JUNAID 90 MUHAMMAD SAJID 92 MAHNOOR MURTAZA 93 YAMAN SHARIF 96 RASHID IQBAL 97 KHATIJA SHAFIQ 98 AMMAR 99 USMAN AZAM 101 SAYED MUHAMMAD ANAS ZAIDI 103 ABDUL RAHEEM QAZI 104 WAQAS NADEEM 107 AREEBA WASEEM 112 HAMID ALI 113 AYESHA SATTAR 115 JAHNZEB IQBAL 117 AIMAN 118 HUSSNAIN SAFDAR 120 DURRAB NADEEM 122 IRFAN SHAHID 125 SABA BAQAI 126 MUHAMMAD FARRUKH NAWAZ 127 ABDUL HASEEB 128 MUHAMMAD SOHAIB SHAFIQUE 130 AMINA BIBI 133 WALEED BIN KHALID 135 ROHMA NAVEED KHAN 138 AMINA ADNAN 141 AWAIS MUJAHID 142 RABI FAISAL 146 RIZWAN WAHEED BUTT 149 MUHAMMAD KHURSAND KHALID 152 KHADIJA TANVEER KHAN 156 HARIS SALEEM 157 ROHAIL ANJUM MINHAS 158 AHMAD RAZA 159 MAHNOOR AHSAN 160 ADNAN SAEED 163 MUHAMMAD NAUMAN 164 AWAIS SULTAN 167 MUHAMMAD ASIF MANSOOR 168 ATTIQUE TARIQ 172 SHAZIB...
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...SZABIST – Interactive Global & Regional Marketing 1 Brand Assessment – Review & Grade Brand Name: Group Members: Meat One Nabeel Yousaf Faiza Zafar Hirah Rehman Khan Kanza Faiz Mariam Siddiqui Muhammad Waqas Rehman Grade (out of 10) 7 Overall Impressions As A Client As a client, I think that you put a good effort into the preparation of this brand assessment. You covered a majority of the areas that were expected and showed that had a good grasp of the market position and vision of the company. I would have liked to see more of an analysis of the competitors in the market to Meat One. While I understand K&N’s being a competitor, why would you consider Makro and Metro Cash & Carry without looking at The Meat Shop (Zamzama) and local butchers that are available at everyone’s doorsteps? This makes me wonder why you would limit the competition. Strengths of the Assessment • • Well researched Properly defined brand characteristics and potential value for “consumers” Weaknesses of the Assessment I think that you needed to cover a few things that are missing in the brand assessment: • What about price points? Understanding that Meat One is significantly higher than most of its competitors, why would I consider going to them? If you look at K&N’s, who you listed as a competitor, the price difference on chicken products are significantly different. What about availability? K&N’s is available at any store in Pakistan, whereas Meat One can only be purchased at a Meat One outlet...
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...7 Tips Membuka Pintu Rezeki By Abu Nafis Siapapun orangnya pasti pernah mengalami kesulitan mendapat rezekiSiapapun orangnya mesti pernah mengalami masalah kewangan. Yang sedihnya ada yang mengambil jalan pintas tanpa berfikir panjang lantas memijam duit dari Ahlong dan ada yang sampai meragut,pecah amanah dan pecah rumah orang.. Yang lebih parah sanggup merosakkan akidah pergi berjumpa bomoh konon boleh dapat “nombor”.. Kita mengaku kita muslim,kita ada Allah tapi mengapa tidak dekatkan diri denganNYA dan berdoalah apa yang kita hajati..Mengadulah tentang masalah yang sedang kita hadapi.. Berikut ini saya kongsikan kepada anda suatu amalan pemanggil rezeki dan pembuka pintu-pintu rezeki yang menjadi amalan orang-orang soleh.. 1. Banyakkan beristighfar Kata Nabi Nuh ‘alaihis salam:Aku katakana kepda kaumku”Beristighfarlah kamu kepada Tuhan,sesungguhnya DIA adalah pengampun..Kalau kamu istighfar DIA akan turunkan kepada kamu hujan dan DIA kan membanyakkan harta dan anak pinakmu dan DIA akan menjadikan untuk kamu kebun-kebun dan sungai-sungai” Dalam sebuah riwayat diceritakan bahawa datang seseorang kepada imam Hasan al-Basri r.a mengadu tentang tanahnya yang tidak subur lalu jawab Hasan al-Basri: “BERISTIGHFARLAH”..Datang pula yang lain mengadu kemiskinan,jawab beliau: “BERISTIGHFARLAH”. Datang lagi yang lain minta doa agar direzkikan seorang anak, jawab beliau: “BERISTIGHFARLAH”. Lalu ditanya Hasan al-Basri mengapa jawapannya semua sama sedangkan didatangkan persoalan...
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...Group Members: Eitan Balloul Bitoodeep Singh Mahammad S. Siddiqi Waqas Yaqoob Ducati Case Analysis Overview Ducati was founded on July 24, 1926 in Bologna, Italy by the Ducati family and a group of investors. Ducati was initially named Società Radio Brevetti Ducati because the founder’s intentions were to manufacture electronics and to penetrate that industry. In fact Ducati’s first task was to produce a component for the growing field of radio transmission. The first product Ducati manufactured was called Manens and it functioned as a condenser for radio equipment. The product was very successful throughout the world and in result it allowed the company to expand and win international respect and prestige. (Ducati's History, 2012) The first motorcycle Ducati manufactured was after the Second World War- the "Il - Cucciolo". It turned out to be a big success and that marked the beginning of a new era for Ducati. During the 1950's Ducati introduced, developed and manufactured powerful motorcycles that were reliable and technically advanced. Ducati’s success was interpreted to rapid growth and reputation in the industry. (Gavetti, 2002) In the process to evaluate Ducati, it is essential to understand the aspects from the management perspective. During the 1980's and early 90's Ducati changed their management constantly which resulted a lack of overall strategic direction. Ducati was on the verge of bankruptcy before Federico Minoli took the reins in 1996...
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...[pic] WAQAS JAMAL AHMED Contact:-00971529353809 E-mail: waqo.ahmed@gmail.com PERSONAL PROFILE Father Name : - Tanweer Jamal Date of Birth : - 30/04/1985 C.N.I.C : - 42201-0582298-9 Domicile : - Karachi (Sindh), Pakistan Marital Status : - Single Permanent Address: - Flat No: - 104 Block (9) County Garden Scheme 33 Sector 14-B Gulshan-e-Iqbal, Karachi, Pakistan (75300) Career Objective: To pursue a reputed organization with sincere efforts and better Self Continual improvement to achieve the organizational goals Education: • MSc in Marketing from University Of Wales, Cardiff, United Kingdom. (2011-2012) • B.S. Textile (Wet Processing, Garments) with average C.G.P.A 2.9 From Indus Institute of Higher Education (2007) • Intermediate Pre-Engineering from Govt. ForMen College Nazimabad Karachi, Pakistan. (2003) • Matriculation (Science) from St.George’s School Karachi, Pakistan. (2001) JOBS Experienced: • Lyca Mobile & Now Mobile as a Senior Sales Assistant , Manchester, United Kingdom (2 years Working Experience) • Adamjee Insurance Company Limited as a Sales Executive. (2 years Working Experience) • X-pertex Denim Mill I was doing job in 3 month (Marketing Merchandiser) with deals Denim, woven fabric and Garments (exports). • ASCO International Pvt Ltd I...
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...SCHOOL OF BUSINESS AND MANAGEMENT ABP Post Graduate Diploma in Business Management Submission Form Individual Assignment Title “Globalization Strategy of McDonald’s Corporation” Reference No | | Subject | CMA | Unit Co-ordinators | Rubina Samad-Waqas Javed | Number of words used | 2,500 | Submission Date | 05.08.2011 | Learning outcomes covered | 1.1, 1.2, 1.3, 2.1, 2.2, 2.3, 3.1, 3.2, 3.3 | | | PLEASE NOTE: By continuing with this page you are confirming that you are already aware regarding instruction and guidelines on plagiarism and collusion. By attaching this sheet to your work you are confirming that the assignment is all your own work. I have read and understood all of the above Required Utilising the Case Study provided, analyse the international business environment and the development of McDonald’s Corporation. Questions: 1. a.) Critically evaluate McDonald’s globalisation strategies; b.) Appraise the benefits and challenges of McDonald’s globalisation strategies; c.) Examine the effectiveness and efficiency of existing operations. 2. Assuming that McDonald’s Corporation growth strategies had proven unrealistic, examine strategic alternatives available for achieving its goals. 3. Assess the nature of corporate governance of the company and critically discuss its impact and effectiveness. Guidance to Students Format * The assignment should be in a 2500 words (10% under & over allowed) covering the outlined...
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...FALSE PROPHETS: • In the last days of the Prophet’s life some misguided people arose to claim prophet hood. • When Abu Bakr was elected as the Caliph they started their preaching openly. • Among these false prophets were Tulaiha, Aswad Ansi, Musailamah and Sajjah. Tulaiha belonged to the Banu Asad tribe in the northern Arabia. • An army under Khalid bin Walid was sent which met them at Buzaka. • After a fierce battle Tulaiha’s army surrendered and he himself fled to Syria. He embraced Islam during the time of the second Caliph. • Aswad Ansi belonged to the Ansi tribe in Yemen. • He was an ugly man who kept his face veiled all the time. • He was nicknamed ‘’the veiled prophet’’. • Being leader of his tribe he revolted with the cooperation of the neighbouring chiefs. • He was the first false prophet who collected a large army in open revolt against Islam. • He was defeated and killed by the Muslims. • The most dangerous of the false prophets was Musalima. • He belonged to a tribe of central Arabia. • His tribe accepted him as a prophet. • Abu Bakr sent Shurbhil and Ikramah to crush the rebellion; later Khalid bin Walid joined them. Musalima,s army was defeated after a fierce battle at Yamamah in 633AD.Musalimah was killed. • In this battle about 800 Muslims were martyred. Amongst them were 360 Huffaz (memorizers of the Holy Qur’an). • Sajjah was a woman who belonged to the Bani Tamim tribe. • She claimed to be a prophetess and succeeded in mustering...
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