The Advantageous Of Petrodollar And Islamic Finance...

3.7. The advantageous of Petrodollar to Islamic Finance Petrodollar flows have been among the major factors supporting the growth of the Islamic finance industry ever since the 1960s GIFF (2010). The rising petrodollar flows in global markets imply continued and increasing petrodollar investments in the Islamic finance sector. This has led to a surge of interest in the Islamic Finance sector, with more and more countries positioning themselves as strategic locations to tap into part of this abundant pool of funds. For instance, a number of countries worldwide have announced their plans to issue Sukuk (Islamic bonds) and thus meet their financing needs by attracting high net worth investors (HNWIs) and wealth from the Middle East region. HNWIs are particularly on the look-out for efficient and secure jurisdictions for investing their funds, more so in the context of the present economic downturn . Operating in a facilitative business environment and reducing cost of operations are deemed instrumental factors for market players. Accordingl y, a number of jurisdictions have actively encouraged the development of their Islamic capital markets as a key strategy for attracting both HNWIs and Islamic finance businesses . In particular, it has been observed that jurisdictions from across the world are developing their Islamic capital markets by utilising the efficiency provided by Offshore Financial Centres (OFCs) to structure Shari’ah compliant products which adhere to the

Understanding Existentialism Essay - 864 Words

Do we matter? Do we seek personal happiness in life? These are questions from existentialism. The dictionary defines existentialism as an individual’s experience filled with isolation in a hostile universe where a human being attempts to find true self and the meaning of life through free will, choice, and personal responsibility. Hamlet is an existentialist character who believes that he is forced to avenge his father’s death and the hatred builds in his heart because of the many betrayals which direct him towards a senseless life and constant thoughts about suicide; this ultimately leads to his demise and he is left with naught. The narrator from â€Å"Things that Fly† has obviously gone through some sort of abandonment which has affected him†¦show more content†¦Moreover, Ophelia his ex-lover is set up by her father, Polonius and King Claudius to discover Hamlet’s reason for insanity;a she meets with him and Hamlet immediately discovers that sh e betrays him by lying about her father’s location. All the obstacles express his disappointment in life and they make him believe that life is really senseless and there is no way out while his attempts to finish Claudius remain a failure. Protagonist of â€Å"Things that Fly† has also gone through an calamitous event, where some significant person has abandoned him which ends up resulting in him â€Å"thinking of all the bad things [he] had done to other people in the world† and this also worries his parents that â€Å"[he] might go to pieces at any moment.† This exemplifies the extent of his melancholic behaviour he feels takes responsibility for all the mistakes he makes in life and realizes that he has no purpose in life. Like Hamlet is betrayed by the ones closest to him, narrator is also Both characters are able to not able to act freely and responsibly while being isolated in the world that they cannot control. Hamlet: He wants to be free from the worldly sorrows; he sees no point in human life and questions his existence. He wishes to commit suicide but his religious views stop him from ending his life; however in this life he has been forced to avenge for his father’s death. [not able to control the people betraying him and Hamlet has theShow MoreRelatedExistentialism : Existentialism And Existentialism994 Words   |  4 Pageshis choices† (Sartre, n.d.). When discussing existentialism, the man responsible for this quote is always attached to the conversation. As the man who is often remembered for bringing the most amount of international attention to the theory of existentialism, Jean-Paul Charles Aymard Sartre deserves to have his theories and ideals discussed and respected whenever possible. Firstly, what exactly is existentialism? The textbook defines existentialism as â€Å"a philosophical movement or tendency, emphasizingRead MoreSartre s Idea Of The Self983 Words   |  4 Pagesor God. Sartre’s idea of Existentialism introduces a new way of thinking in terms of how we become a self. This paper will argue for Sartre’s idea of Existentialism by addressing the way in which it provides a concept of the self that has not been predetermined. Jean-Paul Sartre was considered one of the foremost thinkers in the world of existentialism. He firmly represented the idea of atheistic existentialism, and further described the broader term of existentialism as â€Å"existence precedes essence†Read MoreExistentialist Theory: Its Features, Advantages and Disadvantages784 Words   |  3 PagesExistentialist Theory, Its Features, Advantages and Disadvantages For introduction purposes, Existentialism is the philosophical theory that holds that in order to grasp human existence, then further set of categories governed by the norm of authenticity are necessary (Steven Crowell, 2010). Existentialism is a philosophy which stresses on human existence as opposed to the movements that submerge mans existence. Normally, if emphasis of distinction is placed upon mans existence then the questionRead MoreExistentialism And The Existentialist Ideas Behind Existentialism1186 Words   |  5 PagesIntroduction Existentialism is a theory of philosophy that stepped away from ideas that there is any single unifying reality or reason to existence and that we should approach philosophy from a perspective of what we can perceive to be true, not what we think is true without being able to perceive it. In that mind set, it tries to examine what a person’s perception of reality can be, their place is in that reality, how they approach their own existence given that information, and how, based on thoseRead More The Rise and Fall of Existentialism1287 Words   |  6 PagesThe Rise and Fall of Existentialism   Ã‚  Ã‚   Existential literature often focuses on the personal journey towards existential awareness. Common themes in existential works, such as alienation and confrontation with death, often lead the anti-hero towards a climactic choice that defines whether they have reached true understanding. The themes within existential literature are reflected from the world at large, and the works themselves are a metaphor for a grander shift in Western philosophy. Read MoreExistentialism And The Beliefs Of The Movement1454 Words   |  6 PagesPalahniuk that is a good summary of existentialism and the beliefs of the movement. Existentialism was a turning point for society and literature that advocated the expansion of the minds of authors and their readers so we could improve our thinking to be more enlightened and free. The movement sparked much alternative thinking to allow our society to grow into what it is today and without it people would most likely be more close minded and less free. Existentialism was a very influential movement withRead More Hopeless and Absurd - Existentialism and Buddhism Essay1536 Words   |  7 PagesHopeless and Absurd - Existentialism and Buddhism Perhaps the most telling symptom of existentialist philosophers is their ever-divergent theories on the fundamental characteristics of human life and their steadfast refusal to assign an explicit meaning or reason to our existence at all. Contrary to criticism which therefore labels the movement cynically nihilistic, existentialism justifies life with reasoning similar to that of Zen Buddhism. Specifically, the notions of hopelessness and absurdityRead MoreNo Exit By Jean Paul Sartre1342 Words   |  6 Pagesand true natures, exposing each other in a raw truth. In many of his works, Sartre attempts to get important messages across that coincide with his philosophies. A piece that is easy to use to compare with the play is the essay The Humanism in Existentialism, as everything written in it are his own thoughts and commentary on life, how it should be lived, humanity, and how humans relate to each other and the world around them. That being said, he purposely writes No Exit in a way that blatantly disregardsRead More Finding an Existential Ethic Essay1570 Words   |  7 Pagesargues in her book Existentialist Ethics, It seems that to be attracted by Existentialism is to be attracted by a mood. When it comes to serious thought, one may find . . . that it is necessary to cast off the mood and start again (57). The focus of the existentialist is on the individual, existing being. By nature, the subject of existentialism appears incommunicable. It demands that each individual come to an understanding of the inwardness of self independently. This inwardness is not a state whichRead MoreSartre s Views On The Moral Choices895 Words   |  4 PagesJean-Paul Sartre is a French philosopher who makes his claims based on a combination of two philosophical traditions – existentialism and phenomenology. Sartre himself is an atheistic existentialist. He summarizes his claims regarding existentialism with three words – anguish, abandonment, and despair (25). I n this paper, I will talk about Sartre’s definition of existentialism, its relation to essence, Sartre’s views on the moral choices and how they relate to art. Sartre makes the claim that all

The Forest Free Essays

Forests are precious national resource whim not only play significant role in national condor but help in pollution control and maintaining logical balance. These offer a number of direct indirect advantages which have been realised sin time immemorial. Direct Advantages 1. We will write a custom essay sample on The Forest or any similar topic only for you Order Now Forests provide valuable timber for dome tic and commercial use. Industries like paper, matt making, plywood, sports goods, lakh and furniture at directly based on raw materials derived from forest 2. Forests supply a number of minor produce which are utilised in different industries and domes* tic uses. These include lakh, gum and resins, tannin material, medicines, herbs, honey, spices, etc. 3. Forests offer employment to about 4 mil ­lion people to earn their livelihood in forest based occupations, i. e. , lumbering, sawing, furniture mak ­ing, forest produce collecting, etc. 4. Auction of forests for commercial use fetches annual income to state exchequer. 5. Export of forest products earns valuable foreign exchange to the country. 6. Grazing of cattle in the forests helps in dairy farming and cattle rising. 7. Forests are the natural habitat for wild life and birds which attract tourists, holiday makers and hunters. These may be developed as very good picnic or tourist centers in the form of wild life sanctuaries and national parks which have good employment and income generating potential. Indirect Advantages 1. Forests are the moderators of climate. These have effective role in controlling humidity and tem ­perature and precipitation. 2. Forests play dominant role in carbon cycle. These absorb atmospheric carbon-di-oxide and help in maintaining the purity of air and controlling atmospheric pollution. 3. Forests help in controlling soil erosion, soil degradation and floods. That is why these are very helpful in land reclamation and flood control. 4. Forests help in water percolation and thereby maintain underground water table. 5. Decay of plant leaves provides humus to the soils and increases their fertility. 6. Indian forests are rich in wild life housing about 500 species of animals. 7. Forests help in maintaining natural scenic beauty which every year attract a number of tourists and nature lovers. 8. Forests provide natural habitat to a number of primitive tribes which are part of our rich cultural heritage. Their mode of living, economy and cul ­tural traits are based on forest environment. 9. Forests provide recluse to rashes, saints and hermits who have enriched our religious and cultural thoughts. Mere a visit of such quiet serene environment relieves physical and mental strains and refurbishes new vitality and vigor. How to cite The Forest, Papers

Literature Review Cloud Computing

Question: Discuss about theLiterature Reviewfor Cloud Computing. Answer: Introduction Cloud computing is the mechanism which can be adopted by the business organizations for many of the purposes such as delivery of computing servicesservers, storing of databases, networking, software and systems which can be used by the entities in a number of operations, analytics and more over the Internet. The business organizations or the institutions who provides these kinds of computing services are (azure.microsoft. 2017) known as cloud providers and these institutions charge for the services they provide and these charges or the fees are based on the usage of the systems and the mechanisms. Important Variables According to Helpdesk LLC (2017) the small and large business corporations have been waiting for the cloud computing systems from the last few years. The most of the business organizations face the confusion and have a doubt regarding for making use of this system. The below mentioned literature review has been presented by the Help-desk LLC for defining the system and also determination of the same system will be done (Reilly, Wren and Berry, 2011). First a description has been given about Cloud computing is the same concept as it was earlier just the change and modification has been done in the name of the concept. This concept has been used by many of the business corporations and institutions from many years. There are a number of small business enterprises which are found to be using these mechanism and which are found with a server which is connected with a number of computers and these desktops are networked to server. And the second system which is used is known as hardware l ayer and which is also typically referred to as "the network," or "the information systems." And the cloud computing has decreased the need of networking in the offices at a greater extent. There are numerous of benefits of making use of this system or mechanism and from them one is that cloud computing will benefit the network and as it can be suddenly accessible from anywhere and anyone one can have access to the Internet and by which the company will be in running condition all time all the operational activities will be in a continuous form. And the biggest benefit of this system is that it can be accessed from whatever device or mechanism used from any to have with you i.e. laptop, iPad, mobile phone, etc. A comparable reference point would be Google Docs (Pocatilu, Alecu and Vetrici, 2010). The following is one of the example of a common use of cloud computing is while submitting of your documents to Google Docs for others to access via the Internet. For the initial level the most suitable example which is suitable for this system is of average small business person. As the business is small scale business the owner wont be having big amount for investing and building up an in-house network and also the entire business operations should b the entire business operation can be up and run-up and running within short period of time and this could be made happen by making use of the approach of cloud computing. The expenses are basically pay-as-you-go means as per the use and are also based on the amount of storage space and computing power that you use (Antonopoulos and Gillam, 2010). The below mentioned are the advantages and drawbacks of cloud computing: Low Cost Emergence of the mechanism of cloud computing in the market has been considered as the a low-cost or minimum expense incurring tool for the business. Corporations. And also business organizations are not required to make huge investments and heavy expenses on the establishment and setting up of this mechanism, as no hardware, equipment and infrastructure establishment is required. The companies wont be requiring incurring the expenses for installing the desktops, laptops or some type of device to access the Internet and utilize your data. And the investment in the implementation and maintaining the private and the companys own in-house networking is very minimum or low (searchcloudcomputing.techtarget. 2017). It is a very vital and significant concept for many small scale business corporations. The expenses incurred in the maintenance of an in-house network are enormous and it has also been observed that they are increasing every day. With an in-house network, there are oth er related costs and expenses which are incurred and are required to be paid by for the installation of the software and hardware upgrades and also the maintenance and providing training on the related topics to the employees. The above mentioned responsibilities and the duties are to be fulfilled by the service providers of the cloud systems and also the costs and the expenses are to be incurred by them only. The best way to develop an understanding which is related to the concept of expenses computing services is to think in context of renting vs. owning. The service providers of the cloud computing services should have a storage of all the required resources and which are to be utilized by the business client for a monthly or annual fee which has been charged by the service provider at the begining. And this concept has been referred as similar and which is also common to as the Software-as-a-Service (or SaaS) model. In this concept the company is required to pay for the use of t he service which can also be said as you pay as you go. A sense of more predictability in budgeting for these costs and expenses is provided to the owner of the model. Flexibility -- With the use of the mechanism of cloud computing in the business organization, as mentioned above the company need to pay only for what the company use the services, the business corporation are provided with a limited flexibility in the use of the system and the service for which they have already paid an amount. For instance if a person has small amount of investments for starting up a small business and in this case the owners can make use of small computing packages and can also increase the use of the computing services as the business activities and the operations keeps on growing. After a particular growth in the business the owners can opt for a bigger package of computing services (Velte and et al, 2010). The setting-up, implementation and bring into operation are some of the functionalities and these are done with a good speed. There are some service providers who have set-up at an automatic scale for the essential and required resource for the business corpo ration. Necessary changes and modifications can be done in the infrastructure as per the requirements of the organization. These modifications can be into making the network private network, public, or a combination of both (Sosinsky, 2010). Simple, Fast, Easy The biggest advantage of cloud computing is that it's is of very much easy to operate. By making use of the system of cloud computing can streamline many parts within the organizational structure of the entity (Griffith. 2016). It will be proven beneficial for the business entities when they start making use of these systems and step into the systems and this will also make the business to run more smoothly with a great potential and also improves the efficiency of the firm and also when the firm is a web-based corporation applications that are available in the cloud (Rittinghouse and Ransome, 2016). Everything from prospect management applications to customer billing and invoicing can be moved out of the store of the company and gets shifted to the into the cloud system. This gives will enhance the ability to focus on what the company do best in business and excel and grow the strengths while someone else handles the administrative functions (Sotto, Treacy and Mc Lellan, 2010). Accessibility -- Regardless of where the company stands or is operating in the world, it will have access on the operations which are based on cloud computing mechanism. There will be only some sought of complicated remote login procedures and which are required for the in-house network. In this process the only thing or the tool required is a device that can access the web and an Internet connection which will be controlling the systems (bigdata-madesimple. 2017). This means the employees or the staff in the organization can have access anywhere and at any-time, from home, office or on the road at a client's office. Sustainability There are a number of issues which can be faced by the business such as a natural disaster which can strike the business at any time,. But now there is solution to the problem which is cloud computing capability which resides somewhere else. Obviously, this is can also be considered as a disadvantage if the disaster hits the service provider (Chaczko and et al, 2011). Security of Your Data -- This has been considered as the prime or the main concern which is related to cloud computing systems which are being used within the business organizations. In a very basic sense, the data or the confidential information that used to reside within the four walls of the business corporation now resides elsewhere. Addressing the security of the data must be done on priority basis and also the security of that data must be addressed and shit should be considered as a significant point and this is required to be done with care as the data stored in the cloud systems contains trade secrets of a number of business organizations, proprietary lists, files of the consumers and their records etc. As per the researches and survey carried about 69% of cloud providers said that data security was the responsibility of the end-user (Antonopoulos and Gillam, 2010). And on the basis of another survey it was also concluded that by contrast an approx. estimate number of only 3 5% of the end-users agreed that they should be held responsible. And it has been clearly mentioned that there is a sense of disparity between cloud providers and cloud users about who is responsible for data security. The companies who are making use of the cloud computing system should have a clear idea and estimate that their data is vulnerable to compromise and is exposed to risk. Author has also mentioned that knowing about the risks and dangers and also having an idea about the proper measures and precautions which are required to be taken right from the start has been considered as an important step for the business organization (Vishwanathan, P, 2017). Whereas there are a number of small business organizations who do not have the resources to adequately protect their data even when it is in-house and for these small companies a reasonably priced off-site solution may be right for certain applications (levelcloud. 2017). The key or the solution to this problem is consulting or asking to the right questions of the provider and getting good advice. Costs When Under Attack As mentioned above the mechanism of cloud computing has been considered as a low cost mechanism or tool and some time it also provides some sought of additional benefits. But it can also actually cost more money or can be a reason in incurring a number of additional expenses. For instance, if a company's website comes under a distributed denial of service (D-DOS) attack (stratospherenetworks . 2017). The reason behind this attack is that the typical goal of a D-DOS attack is to gobble up resources and which is done for rendering the server incapacitated (Sridhar, 2009). If the cloud computing provider has no protections in place against DDoS attacks, when the site is attacked, then service provider will have to simply begin to increase the resources that the site requires (due to the attack) and bill for the resources provided and which naturally will bring an increase in the expenses. It is of very much significance for the business corporation to ask the pr ovider what kind of provisions they have to protect against this type of attack. Performance Can Vary -- In a cloud environment, the applications which are running on servers for the business organizations are also simultaneously providing resources to other businesses too. With the fluctuations in the requirements and the demands made by the other users, there will be impacts on the performance of the business organization and the share of the resources will be also on a varying note. Often, the service providers may claim that the resources available with the business entities are unlimited. This may be theoretically true, but from a practical point of view the hardware scalability is probably limited. Methods of Analysis There are number of methods which have been adopted for carrying out the research of the above presented literature review. Mainly the books have been made in use for getting a deep understanding about the advantages and disadvantages of the cloud computing mechanism. Also the articles have been used for get a clear idea about the concept. Gaps in Literature Review In the above carried out research the main focus has been provided on the concept of cloud computing and also the advantages and disadvantages of the system. Mainly the focus of the research is on the benefits attained by the cloud computing system and which develops the gap in literature review as some of the important issues or disadvantages has been ignored. Such as reliability of the organizations on the system is too much and is increasing day by day and which is a big issue as in case if the system crashes or is hacked then the corporation can be in a big problem. As all the confidential data is stored within the system. Also there is very limited control over the whole system of cloud computing. The more control is of the service provider and which can be sometimes quite dangerous for the customer as many of the details can be exposed to the service provider. Conclusion From the above carried out research it has been concluded that the concept of cloud computing has to be considered as a new concept in terms of maturity and adoption. And also there are some expectations and estimations made regarding the changes under which the business corporations will undergo in the future, in terms of resources, issues, risks, and ultimately best practices and standards. Moreover there are a number of benefits and advantages which have been provided by the system and have also been undergone in providing potentially values for institutions of higher education and other business organizations. On-demand services can resonate positively with the current university tight budgets across the nation and other parts of the world. A number of benefits of the transition to cloud computing have been mentioned out in this above carried out analysis along with concerns regarding the general implementation of this application. References Reilly, D., Wren, C. and Berry, T., 2011. Cloud computing: Pros and cons for computer forensic investigations.International Journal Multimedia and Image Processing (IJMIP),1(1), pp.26-34. Pocatilu, P., Alecu, F. and Vetrici, M., 2010. Measuring the efficiency of cloud computing for e-learning systems.WSEAS Transactions on Computers,9(1), pp.42-51. Antonopoulos, N. and Gillam, L. eds., 2010.Cloud computing: Principles, systems and applications. Springer Science Business Media. The helpdesk LLC. 2011.The Pros Cons of Cloud Computing. available at:https://www.thehelpdeskllc.com/pdf/what-is-cloud-computing.pdf[Accessed on24 April 2017] Amazon, (2009). Amazon Elastic Compute Cloud. Retrieved from https://aws.amazon.com/ec2/, on August 28, 2009. Amazon, (2009). Amazon Elastic ComputeCloud. Retrieved fromhttps://aws.amazon.com/ec2/, on August 28, 2009. Amazon, (2009). Amazon Elastic Compute Cloud. Retrieved from https://aws.amazon.com/ec2/, on August 28, 2009. Amazon, (2009). Amazon Elastic Compute Cloud. Retrieved from https://aws.amazon.com/ec2/, on August 28, 2009. Cloud Computing and its Security in Higher Education (PDF Download Available). Available from: https://www.researchgate.net/publication/255618308_Cloud_Computing_and_its_Security_in_Higher_Education [accessed Apr 24, 2017]. Velte, A.T., Velte, T.J., Elsenpeter, R.C. and Elsenpeter, R.C., 2010.Cloud computing: a practical approach(pp. 1-55). New York: McGraw-Hill. Sosinsky, B., 2010.Cloud computing bible(Vol. 762). John Wiley Sons. Rittinghouse, J.W. and Ransome, J.F., 2016.Cloud computing: implementation, management, and security. CRC press. Sotto, L.J., Treacy, B.C. and McLellan, M.L., 2010. Privacy and Data Security Risks in Cloud Computing.World Communications Regulation Report,5(2), p.38. Chaczko, Z., Mahadevan, V., Aslanzadeh, S. and Mcdermid, C., 2011, September. Availability and load balancing in cloud computing. InInternational Conference on Computer and Software Modeling, Singapore(Vol. 14). Antonopoulos, N. and Gillam, L. eds., 2010.Cloud computing: Principles, systems and applications. Springer Science Business Media. oss, V.W., 2010.Factors influencing the adoption of cloud computing by decision making managers. Capella University. azure.microsoft, 2017, What is cloud computing, Assessed on 35th April 2017, https://azure.microsoft.com/en-in/overview/what-is-cloud-computing/. searchcloudcomputing.techtarget, 2017, Cloud computing, Assessed on 35th April 2017, https://searchcloudcomputing.techtarget.com/definition/cloud-computing. Griffith, E, 2016, what is cloud computing, Assessed on 25th April 2017, https://in.pcmag.com/networking-communications-software/38970/feature/what-is-cloud-computing. bigdata-madesimple, 2017, 5 advantages and disadvantages of cloud storage, Assessed on 25th April 2017, https://bigdata-madesimple.com/5-advantages-and-disadvantages-of-cloud-storage, levelcloud, 2017, Advantages and disdvantages of cloud computing, Assessed on 25th April 2017, https://www.levelcloud.net/why-levelcloud/cloud-education-center/advantages-and-disadvantages-of-cloud-computing. Vishwanathan, P, 2017, Cloud computing and is it really all that beneficial, Assessed on 25th April 2017, https://www.lifewire.com/cloud-computing-explained-2373125. stratospherenetworks , 2017, Advantages and disadvantages of cloud computing, Assessed on 25th April 2017, https://www.stratospherenetworks.com/advantages-and-disadvantages-of-cloud.html.