ABU DHABI ISLAMIC BANK - CASE STUDY Example | Topics and Well Written Essays - 2500 words

ABU DHABI ISLAMIC BANK - - Case Study Example Islamic banking became popular in Arab countries by 2003 and also in Malaysia. The number of banks increased to 450 during 2009; moreover about 300 conventional banks are observed to offer to Islamic banking products and services to the customers. In the last five years, Islamic banks had witnessed rapid growth in assets, which have doubled during the period (ADIB, 2014a). The Islamic bank is referred to the bank that follows the Shari’a principles with regard to financing, investment and banking. These banks are controlled and supervised by the Central Banks. The banks meet the requirement of the customers by following the Shari’a principles (Siraj, and Pillai, 2012). It provides with a number of options that helps the customers to safe guard their investments and finance. These options are Musharakah (joint venture), Ijarah (leasing), letter of credit, Murahaba (Cost plus) and covered cards. The banks have Shari’a boards, which comprise Islamic jurists, who consult and control the different aspects of the new banking transactions (ADIB, 2014a). During the global financial crisis, it is observed that the banks were affected severely; however, it hardly made any impact on the Islamic banks. Mortgage crisis was regarded as the main cause of the situation in the US. The stability in Islamic banks originates from its nature of business as the financing method is based on Shari’a principle, which dictates Musharakah, Ijarah and Mudarabah (ADIB, 2014a). In light of the above principles and practices that are followed by Islamic banks, the following case analyses the operation of Abu Dhabi Islamic Bank (ADIB). The case highlights the financial condition of the bank post and pre-financial crisis. ADIB was founded in 1980 and presently it has become the largest financial institution operating under Shari’a principle in Egypt. It has received the highest market standards. It employs around 2000 employers who form a dynamic

Shifting Geographies of Production and Consumption Essay

Shifting Geographies of Production and Consumption - Essay Example The late seventies, the eighties and the nineties all were dominated by the Japanese manufacturers. Even in the 21st century this dominance is not only visible but disturbingly complex with geographical concentration shifting in directions that defy economic sense and reinforce the multinationals’ perception of competition. The automobile industry has some peculiar characteristics when it comes to the question of concentration. There is a common tendency for every industry to be agglomerated geographically. However the automobile industry has a typical tendency for such geographical agglomeration. For instance within the frontiers of a country, a regional concentration would mean many manufacturers of an industry concentrating their output in a particularly advantageous geographical region such as Detroit in America. The same region would act as a focal point for international companies, thus completing an international cycle of geographic attraction. The automobile industry has some peculiarities in shifting the geographic epicenter of activity away from the initial centers of development to newer more demand-centric market–oriented regions in the globe. During the last three decades manufacturing centers have been shifted from low-cost, skilled-labour, market-centric regions to still low-cost, skilled-labour, market-centric regions elsewhere, e.g. China and India in Asia, East European countries in Europe and Latin America. Markets beckon not only the industry but also individual manufacturers. Toyota Motor Corporation, Mitsubishi Motor Company, Nissan Motor Company and Honda Motor Company, all of Japan first entered the European Union (EU) to make use of tariff-free entry into the then flourishing market for automobiles. Next they entered the North American enclave. Finally they are making entry into the Latin American and East European markets. The Japanese management and labour practices are rather

Online Shopping vs Brick and Mortar Shopping Essay Example for Free

Online Shopping vs Brick and Mortar Shopping Essay Brick and mortar shopping and online shopping compare and contrast in many different ways. Some of the ways are obvious such as one is online and one is an actual store, but there are others that many different people would not even think about if they didn’t shop in both settings regularly. Knowing the benefits of online shopping and shopping in store can not only save a person the hassle of getting out when something may be better to get online, but it can also save a person tons of money knowing which setting to buy certain things from. For instance, during certain times of the year store may offer exclusive savings on certain products if you buy them online and buy them together. This kind of promotion can save you massive amounts of money. Brick and mortar shopping and online shopping compare and contrast by sales, convenience, and coupon use. Brick and mortar shopping and online shopping compare and contrast by sales. When shopping online, stores sometimes offer exclusive sales for online only shoppers. When shopping online a person can save money on top of sales by shopping through a cash back service such as www. bates. com. Www. ebates. com will offer you a percentage of what you spend at certain stores online to encourage you to shop online at that store. When shopping online a person can take advantage of a good deal without having to justify themselves to a sales associate. Sometimes a sales associate will not agree with someone getting the great deal that their company is plainly offering. At least a computer will not argue with someone or try to make it seem like someone is trying to take advantage of the system. When shopping in store, stores also sometimes offer exclusive sales for in store shoppers only. When shopping in store a person can sometimes match prices at stores such as Wal-Mart. Wal-Mart offers to let a person match a price from another local store just by showing the cashier the print add therefore extending your savings. Some other stores like CVS also offer store cards that shoppers can use for even bigger savings and exclusive deals. Sales like these can really drop your bills! Brick and mortar shopping and online shopping compare and contrast by convenience. When shopping online, a person can shop from the convenience of their own home. Another great advantage of shopping online is that you don’t have to take the time to put in makeup, fix your hair, or even change out of your pajamas. When online shopping a person does not have to spend gas money to get out and go to the store. Also, when shopping online a person can compare items from different stores to see which items are of better quality and value. In retrospect when shopping in a brick and mortar store associates can help a person with their purchase. When shopping in store with an associate a person can ask questions about the items that they are buying. A store associate can answer any questions about what a person is shopping for that they may have been curious about. This can be very helpful in choosing just the right products for your family. One other difference about shopping in store is that there are no shipping fees that need to be paid. There is also no wait between when a person purchases their items and when they get them. This effectively saves you both time and money. Brick and mortar shopping and online shopping compare and contrast by coupon use. When shopping online a store will sometimes offer exclusive coupon codes that are only good for online use. Sometimes the coupons that are offered online will have a higher value than a coupon that you will use in store. Stores will sometimes do this to encourage you to try shopping online as opposed to a brick and mortar setting. Also, when shopping online with coupons you do not have to deal with an associate during the checkout process. Sometimes an in store associate will argue with you about whether or not your coupon is legitimate or if that coupon can be used on the item in your cart. When shopping in store you can use paper coupons and sometimes printed coupons. Also, some stores will let you stack a manufactures coupon with a coupon put out by that particular store. This means that you can use two coupons towards the purchase of one item. The store coupon is considered the same as an in store promotion therefore allowing you to use a manufactures coupon as well. This can increase your savings dramatically. Online shopping and shopping in a brick and mortar setting compare and contrast by sales convenience, and coupon use. Online shopping and brick and mortar shopping have many different elements associated with each of them that many different people do not realize. Writing them down in an organized manner helps one to see all of the great differences and comparatives between the two. When shopping online there are great benefits such as exclusive sales, the convenience of not having to leave the house to get what you need, and that you can use exclusive online coupons. In comparison to this when shopping in a brick and mortar setting you can take advantage of in store exclusive sales and promotions, you can ask the store associates questions about the products you are buying, you don’t have to wait for the product to be delivered to you, and you can sometimes stack manufactures coupons with store coupons. These are all great comparisons and contrasts of online shopping and brick and mortar shopping, hopefully you can make an informed decision about which is best for you.

Thomas Hobbes And Francis Bacon In English History History Essay

Thomas Hobbes And Francis Bacon In English History History Essay Considered one of the most turbulent times in English History, The 17th Century could actually be looked at as an age of tremendous intellectual and economic advancement in Great Britain. Despite friction over issues of religion and church and state domestically, the British population grew and its economy prospered. Commerce expanded throughout the globe as Great Britain successfully developed and extended trade and business. Some of historys most famous minds were both a part, and a product of Great Britains transition from an age of faith to one of reason. Thomas Hobbes was one of those famous minds and is now thought of as one of historys greatest natural law philosophers. (www.historyworld.net) Thomas Hobbs was born in England in April of 1588. He was reportedly born prematurely due his mothers fear of the news of the approaching Spanish Armada. Hobbes was the second son of a local clergyman, but his father never played a role in his life. There are varying accounts as to why his father abandoned the family in Hobbes youth, but he was nevertheless raised by a well-to-do uncle who supported his education and development. Hobbs started his schooling at 15 entering Magdalen College, Oxford, yet initially focused more attention on maps and charts. He graduated at 19 and soon served as private tutor to William Cavendish, a wealthy boy not much younger than Hobbes who later became the 2nd Earl of Devonshire. As Cavendishs tutor, Hobbes had the opportunity to travel and tutored Cavendish and his brother on the European Continent for several years. It was during this time that Hobbes broadened not only his world view, but more importantly his philosophical views. He studied the cla ssics and developed and increasing interest in politics and history. (www.notablebiographies.com) Hobbes association with the Cavendish family afforded him number of resources which probably played a large part in developing his scholarly pursuits. As a scholar, Hobbes first major work was a translation of Greek historian Thucydides History of the Peloponnesian Wars, in 1629. Hobbes indicated that he translated History of the Peloponnesian Wars during a period of civil unrest to remind political leaders of his day that the ancient scholars thought democracy to be the least effective form of government. Thucydides work represented that understanding the past was important in determining the proper course of action. Regarding Thucydides great History of the Peloponnesian Wars: Hobbes stated, For the principal and proper work of history being to instruct, and enable men by the knowledge of actions past to bear themselves prudently in the present and providently in the future, there is not extent any other (merely human) that doth more fully and naturally perform it (http://history.wisc.edu) In Hobbess view, one of the most significant intellectual events of his life occurred when he was forty when he stumbled upon a copy of Euclids geometry. His second work, A Short Treatise on First Principles, expressed his deep interest in the study of geometry. Hobbes went on to continue his travels throughout Europe and spent time with many of the most influential minds of his time. In France, he met with Mersenne and members of the scientific community including Gassendi and Descartes. In Italy, he spent time with Galileo. In order to escape the civil unrest in England, Hobbes spent the next eleven years in France and taught Mathematics to Charles, Prince of Wales. It was in the 1640s that Hobbes developed plans for future philosophical work. As Civil War was imminent in England, he was Inspired to write on issues related to society and published De Cive in Paris in 1642. Hobbes later published the same work in English under the title Philosophical Rudiments concerning Government and Society as the Commonwealth took hold of the government. The book was highly contentious as both sides of the civil war criticized its views. (www.philosophypages.com) In light of the developments in Paris, Hobbes feared France was no longer a safe haven for the English court in exile and returned to England in 1651. Upon his return he published one of his most famous works, Leviathan. In Leviathan, Hobbes contends that all human acts are self-serving, even if they appear to be altruistic, and that in a natural state which lacks the organization of government, human beings would act in a completely selfish manner. Hobbes believes that humans are basically equal from mental and physical perspectives and are therefore naturally likely to compete amongst one another ultimately resulting in conflict. He believed that democracy would inevitably fail because people are solely motivated by self-interest and that humans desire for power and wealth would only result in conflict of humans amongst themselves. Hobbes perspective was that governments were responsible for protecting the people from their own selfish nature. In Hobbes view, government would have power similar to that of a sea monster, or leviathan and saw a king as a necessary figure of authority. (Clarendon) Widely considered as one of the 17th centurys most influential natural law philosophers, Thomas Hobbes had a significant impact on British social, economic and political theory. Hobbes developed status in a variety of studies and shaped intellectual philosophy until this day. He was known as a scientist, as a mathematician, as a translator of the classics, as a writer on law, as a disputant in metaphysics and epistemology; not least, he became notorious for his writings and disputes on religious questions. (http://homepage.newschool.edu) However, it is as a result of his writings on politics and morality that he has been eternally remembered. Several of Hobbes many works were never published during his lifetime, among the titles that remained unpublished is: the tract on Heresy, and Behemoth: the History of the Causes of the Civil Wars of England, among others. Hobbes outlived many of his contemporaries and continued to write completing his autobiography when he was eighty-four years old. He finished Latin translations of the Iliad and the Odyssey in his final years, and in 1675 he left London to live with the Cavendish family in Derbyshire until his death at Hardwick on December 4, 1679. (www.egs.edu) 200px-Thomas_Hobbes_(portrait).jpg bacon.jpg Hobbes wasnt the only great philosopher to come out of the Elizabethan Age; Sir Francis Bacon was another leading natural philosopher during the period. Bacon was statesman, a lawyer, and Member of Parliament. His writings included subjects regarding questions of law, politics, and church and state. He also wrote on issues on which questioned societal and ethical norms in some of his most famous writings such as Essays or in his primary work on natural philosophy, The Advancement of Learning. (http://plato.stanford.edu) Francis Bacon was the son of Nicolas Bacon, the Lord Keeper of the Seal of Elisabeth I. He enrolled at Trinity College Cambridge at the age 12 and at an early stage of his development began to reject the common philosophical thought of the day which was generally based on Aristotelianism and Scholasticism. Bacons father passed when he was only 18, and as the youngest son he was left with very little financial means. Although Bacon is said to have had rich relatives, he received little assistance, yet he pursued studies in law and had became a member of the House of Commons by 23. (www.oregonstate.edu) Bacon went on to publish Essays, Colours of Good and Evil, and Meditationes Sacrae in 1597. After Queen Elizabeth 1st death and the rise of James I in 1603, Bacons political career began to grow. He was knighted in 1603 and several honors followed: Solicitor General in 1604, Attorney General in 1613, Lord Chancellor in 1618, Baron Verulam in 1618, and Viscount St. Albans in 1621. (http://bacon.thefreelibrary.com/) Under King James, Bacon was appointed to a number of posts, and like his father, was eventually given the title of Keeper of the Great Seal. He was unfortunately caught in the middle of a power struggle between the King and Parliament which resulted in Bacon having to forfeit his political status, honor, and much of his personal wealth. (www.oregonstate.edu) Only 5 days five days after he had been given the Viscount St. Albans title, he was accused of bribery in 1621. Bacon admitted to the charges and was subsequently banished from the court and received fines. Bacon never paid the fines, but his sentence was reduced and he was only confined to punishment in the tower for four days. Although the sentence had been reduced he would never again be able to hold political office for the rest of his life. Bacon later published Novum Organum, or True Directions Concerning the Interpretation of Nature. In this work Bacon suggested that it was time to let go of Aristotelian ideas and in doing so helped to establish the foundations for modern science and philosophy. Following his dismissal from the court, four additional books followed: Historia Ventorum, Historia Vitae et Mortis Augmentis Scientiarum and Apothegms. Some reports indicated that that Bacon assisted in editing the King James Bible, but that remains subject to debate until this day. There are groups that support, as well as dispute this claim, with equal numbers on either side of the debate. (http://science.jrank.org) Bacons contribution to contemporary thought focused greatly on the relationship between science and social philosophy. In Bacons view knowledge is power and that an expansion of knowledge and learning among individuals can help to offset many of societal issues. Many people in his time considered Bacon a genius. His work, which attempted to encompass the three realms of natural, human and divine existence, has had a significant impact on the study of history, law and philosophy. (www.findingdulcinea.com) In1626, Bacon attempted to test the impact of the cold on the decay of meat. In experimenting with stuffing a chicken with snow, he fell ill, developed pneumonia, and died on April 9th, 1626.

PostTraumatic Stress Disorder and Vietnam Veterans Essay -- Vietnam Wa

The power of the human brain is a mystery of science. For example, while certain parts of the brain are well known to control certain bodily functions, the brain's memory capacity is just now being discovered. Scientists believe that only a small fraction of the brain is actually used, and its potential power is much greater than one may expect or believe. Its ability to view and store information is still not totally understood by scientists today. This causes a special problem in the treatment certain mental illnesses such as Post-Traumatic Stress Disorder. Post-Traumatic Stress Disorder, or PTSD, is a reaction to a traumatic event in which death, serious injury, or the threat of either is present. The most common occurrence of this illness is among veterans of war, and it is very common among those who served in Vietnam. Vietnam veterans who suffer from Post-Traumatic Stress Disorder and do not receive medical treatment are at a high risk of suicide and other horrible demises. They become despondent and hard to talk to. It is as if the sufferers of PTSD are in a different reality. The traumatic events play back in their mind and they have a tough time relating with people. Louise Erdrich illustrates this in "The Red Convertible." The short story is about two teenage Native American boys, Lyman and Henry, and the bond of their love for each other symbolized by a red convertible. One summer they buy a red convertible and travel across North America. When they return home, the older of the two, Henry, gets drafted in the war and spends up to three years in Vietnam with several of them as a POW. When he comes back, the effects of PTSD are obvious, but medical treatment is unavailable to him on his reservat... ...ther kind of trauma related illness to its veterans, Vietnam raised true awareness of the disorder in the United States and around the world. The treatment or lack there of treatment Vietnam veterans received, directly reflected the outcome of their lives. For those represented by Henry, who were impoverished minorities lacking proper care and medical help, the outcome was almost certainly death or at best a long battle with substance abuse or ones own mind. The aftermath of Vietnam showed the government how to treat its future veterans after their wartime experiences. It also caused them to rethink the level of causalities in future wars (Knox 112). Through the use of medicines, counseling, and a fairer distribution of veteran benefits, the next group of war veterans should have a better outlook to the future and the ability to lead productive postwar lives.

Patient with Diagnosis of Borderline Personality Disorder Essay

Index Diagnostic Impressions Medical Conditions Psychosocial Factors Case Conceptualization Assessment Recommendation Treatment Recommendations Works Cited Diagnostic Impressions: Borderline Personality Disorder; R/O Substance Abuse Disorder and Persistent Depressive Disorder Medical Conditions: Arm and leg lacerations, digestive tract irritation as result of toxic elements ingested, gastric suction, effects of alcohol use, effects of cocaine use, and effects of physical abuse through Ecchymosis Psychosocial Factors: History of physical and verbal abuse, parental disapproval, academic problems, moving to a new country, cultural differences, language differences, withdrawal from peers, and negative comparison to siblings Case Conceptualization: Client, Maria, is a seventeen-year-old Hispanic female presenting with symptoms consistent with Borderline Personality Disorder. The client was pleased with her appearance yet she seemed as if she was on the verge of tears throughout the sessions. Maria reported that her reason for coming to the clinic was due to her hospitalization following the ingestion of Drano, however, after analyzing her case there were numerous precursors and signs that lead toward this suicide attempt. The client and her family immigrated to America from Mexico when she was thirteen-years-old causing a language and cultural barrier between the client and her peers. She does indicate that her father often was dissatisfied with her personal life choices and told her that â€Å"she was nothing.† The clinician believes that these difficulties, in addition to the physical abuse inflicted on her by father, are factors in the client’s development of the disorder. The father influenced Maria to... ...hat the most important function is â€Å"structuring the environment† in a way that reinforces progress and does not continue to cause the negative emotions (Bohus et al., 2010). This could include modifying her peer group to not include those who use substances, having family work with the client to emphasize progress and not failure, and re-involve in activities she withdrew from prior to treatment (Bohus et al., 2010). Works Cited Bell, K. (2012). Anorexia Nervosa. Department of Psychology, Capital University, Columbus, Ohio. Bohus, M., Haaf, B., Stiglmayr, C., Pohl, U., Bà ¶hme, R., & Linehan, M. (2010). Evaluation of inpatient Dialectical-Behavioral Therapy for Borderline Personality Disorder — a prospective study. Behaviour Research and Therapy. Butcher, J.N., Hooley, J.M., & Mineka, S. (2013). Abnormal psychology (16th ed.). Boston, MA: Pearson.

Life Without Internet

Many people say that the Internet is the most important invention ever. Do you agree or disagree with this and if not, what do you believe to be more important? Use specific reasons and examples to support your opinion. What Like Would Be Life Without Internet? Many people say that the Internet is the most important invention ever, and I definitely belive that it is true. Since the first artificial satellite, the Sputnik, was launched to the space, the world has never been the same. Nowadays computer is so affordable that in every home you can find one. What is more, the Internet connects people all around the world, and allow to make on-line businesses transactions and prove a special kind of education. Computers did not exist a century ago and people had happy lives without them . Nowadays, we take computers for granted and nothing can exist without them . Life would stop without computers. You wouldn’t even think how many common products are operated by computers. Our cars, microwave ovens, wristwatches and thousands of other gadgets. Appearing the Internet you can search on www – means World Wide Web – for information when you have to some. There are millions of websites storing an endless number of data. You can find many dozens of information about everything on the Internet. E. g. History, Animals, Plants, Nature, Music,famous people etc. There are countless of services available on the net. What is more you can download music, films, listen to foreign radio stations, play games, read and subscribe newspapers and magazines and you can even purchase or sell various products , order food,. In addition you can transfer money through the Internet, and learn languages on-line on several web pages and practise English because most users speak the language. You can keep in touch with friends or other people from other countries to write them e-mails if you have an e-mail access and it is very fast . The list is endless, and I honestly like to use it because as I have experienced I always get to useful information through the Internet ,e. g. practise my English and gain knowledge about healthy life. And luckily, I also have some good experience in connection with buying products on the Net. Thus, it always contributes for my life with a beneficial way. In conclusion, the above mentioned reasons I strongly believe that it is evitable nowadays to use the Internet. All in all besides entertainment using Internet is not only a pleasure pastime but also a way of education and also a workplace which let us to live a more convenient life. If you have a small laptop or a notebook that you can take anywhere , it is like an office in your briefcase,and it is very comfortable and saves you a lot of time. And if you use it only with awereness and only for its advantageous and positive aspects than you will be sure that it serves your development for a better life.