CHAPTER 1: INTRODUCTION 1.1 Background of the study The growth of various banking and micro finance institutions has largely contributed to an increase in lending to borrowers. It is vital to note that‚ today’s economic growth poses a big challenge to lenders to predict borrowers’ performance in recessionary conditions. Loan assessment techniques such as credit scoring which is used to evaluate whether customers should or should not be granted credit‚ loan screening aids such as advances in
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FAQ on Bai’ Bithaman Ajil (BBA) Financing Frequently asked questions about BBA house financing What is Al Bai’ Bithaman Ajil (BBA) house financing? THE BBA house financing is an Islamic house financing facility‚ which is based on the Sharia concept of Al Bai’ Bithaman Ajil (BBA). It is a contract of deferred payment sale i.e. the sale of goods on deferred payment basis at an agreed selling price‚ which includes a profit margin agreed by both parties. Profit in this context is justified
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In Elizabethian times – money meant power‚ and a person’s status in the society. Money was one of the most important factors that society could not live without. However‚ there are things which money itself cannot buy or represent‚ such as the true value of a person‚ friendship‚ and revenge. In the play ‘The Merchant of Venice’ by William Shakespeare‚ we explore the important idea that money cannot represent everything‚ through the bond between Shylock and Antonio‚ Bassanio’s choice of caskets‚ and
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Islamic Banking vs. Conventional Banking In most Islamic countries‚ they tend to practice two types of financing in banking industry which are conventional and Islamic banking. The country like in Malaysia has successfully developed an Islamic banking system that operates in parallel with the conventional banking system. There is similarity between conventional banking and Islamic banking which helps to promote economic growth provided financing services such as credit facilities for business activity
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NAME : SCHERZO WAHID NAIBORHU ID : 014201200145 1. Murabaha in one day‚ there is a guy named Hadi. he is the customer of Bank Muamalat Indonesia. He wants to purchase a car type Daihatsu APV to support his current job which is to accommodate elementary students to go to their school. since his money is not enough because his old car that he sell haven’t sold yet. therefore‚ he decides to go to bank Muamalat to make am Murabahah contract. The price of the car is 200 million rupiah. After that bank
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In Shakespeare’s play‚ an alternative title for the ’Merchant of Venice’ was ’The Jew of Venice’. Which title do you think is the more appropriate? ’The Merchant of Venice’ tittle has been carefully chosen and it is apt and suggested. There has been some controversy among the critics that the tittle belong to Shylock or Antonio. This controversy arose because in the first entry the play had been named ’The Merchant of Venice’ or ’The Jew of Venice’. Later on the double tittle disappeared and it
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To what extent does Shakespeare present Shylock as a victim? In the ‘Merchant of Venice’ Shakespeare makes it very difficult for us to define who is the victim and who is the villain as certain characters‚ such as Shylock reveal many personalities and therefore portray elements of both the victim and the villain. We are first introduced to Shylock in Act 1 scene 3. In this scene it is quickly made apparent that Shlyock enjoys power‚ especially over Bassanio and likes watching him suffer. This
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Similarly to Othello‚ racial slurs were used to describe Shylock‚ often by Antonio‚ as he refers him to a ‘Jew’ rather than calling him by his name (Derek Cohen). Although‚ by Antonio calling him a ‘Jew’‚ it is not explicitly a racial term but it becomes racial because of the repetition of Antonio calling Shylock a ‘Jew’ rather than his name. As he is called a ‘Jew’ 58 times and his actual name 17 times which again shows Shakespeare stripping Shylock of any identity other than of being a Jew. However
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Parent-Child Relationship Between Jessica and Shylock in The Merchant of Venice After reading The Merchant of Venice‚ we should ask ourselves if Shylock‚ who many people perceive as tragedy stricken and victimized‚ is in fact so hard done by after all. When it comes to family matters‚ I believe that Shylock is the ultimate cause behind his awful relationship with Jessica. In this play‚ Shakespeare portrays an old fashioned child-parent relationship in which the child feels inferior to the parent
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Different between Conventional bank and Islamic bank GENERAL DIFFERENCES There are many differences between conventional and Islamic bank. In conventional bank‚ money is a product besides medium of exchange and store value. The design of conventional bank is based on interest. They are charging higher interest rate on capital. The functions and operating modes of conventional banks are based on fully manmade principles. In conventional bank‚ they thought that interest rate give biggest profit
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