You will find learning articles in the category of Education at Knowthys. Category Education is further sub-divided for your convenience into Accounting, HRM, Islamic Finance & Applied Finance, Leadership, Marketing, Research, Supply Chain etc.
IJARAH – Islamic Leasing The meaning of Ijarah – Islamic Leasing is to give something on rent. This is to rent a fixed asset to a person (the lessee) by the owner (the lessor) at an agreed rent price for an agreed period. A customer comes to bank for an Ijara agreement to receive any […]
IJARAH – Islamic Leasing Read More »
TAKAFUL – Islamic Insurance Takaful – Islamic Insurance is originated from Arabic word Kafalab. It means “joint guarantee”. This is a cooperative scheme where participants pay donations (a premium), which is also called Tabarru, in a common pool. In return, this donation is used to compensate valid claim. RE-TAKAFUL – Reinsurance Re-takaful or Reinsurance operates
TAKAFUL – Islamic Insurance Read More »
Murabaha Sale! It is a sale when a person expressively mentioned about cost or original price of the goods and adds some profit before selling to next. Murabaha is absolutely not a loan or not any kind of loan. It is simply a sale and purchase deal either on cash or on deferred payment. Differentiate
Why we do Murabaha Contract Read More »
The Mudarabah contract is a form of partnership between one who contributes efforts in the form of managerial skills (Mudarib) and the other who contributes capital (Rabb-ul-maal). Profit from the outcome of the venture is shared between the capital provider and manager. Profit will be shared according to mutually agreed profit sharing ratio. However, losses
Define Mudarabah Types, Principle, Risk for Islamic Banks Read More »
Musharakah: The English meaning of Musharakah is “Sharing” Partnership. It is a structured joint venture or partnership in which the profit and loss of enterprise are shared according to Islamic finance. It means all partners will need to share loss as per the ratio of invested amount; however, profit may be shared as per mutual
Musharakah Partnership – Basic rule of Musharakah Read More »
Economics Economics is the efficient utilization of available resources to satisfy maximum needs and wants. Generally, the arrangement, management and distribution of available resources, such as, services and goods either across geographic region or within country by any government or society are called Economic System. There are two most basic Economic Systems exist in this
Comparison between Islamic & Conventional Economic Systems Read More »
What is Strategic Management? Strategic management (Academic Term) or Strategic Planning (Business Term) is the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives. As this definition implies, to achieve organizational success, strategic management focuses on integrating: Management Marketing Finance and Accounting Production and Operations Research
Strategic Management Process Read More »
Knowledge is not the same. The journey of life is not as easy as how human imagine it, talking about knowledge it is the understanding of gaining the ability of knowing fact about many circumstances, the definition of knowledge is clearly for us to understand that everyone in life has different talent, mentioning talent on
Knowledge is Power Read More »
LONG-TERM CAREER DEVELOPMENT AND EMPLOYABILITY HR professionals’ views on work motivation and retention of older workers: a focus group study Disclaimer: This is only for students’ understanding purpose and do not have any authority / responsibility by Knowthys. INTRODUCTIONThe purpose of the study was divided in two phases. The first is consisting on exploring the
VALIDITY AND RELIABILITY IN QUALITATIVE RESEARCH Read More »
Ability, Motivation & Opportunity I welcome you all with greetings, May Almighty Bless us all.I am very thankful to my Honorable Mentor Sir Salman Abbasi who has given me an opportunity to share a life story in the framework of AMO Model i.e. Ability, Motivation & Opportunity. The story is about a certified introvert and