Dr. D.S. Merchant's Articles in Finance - Ezine Hub | Submit article | Article submission | article submit

Show All\|Display Category\|Title\|Newest\|Oldest
Focus Humanitarian Assistance FOCUS Humanitarian Assistance is an international group of agencies established to compliment and facilitate the provision of emergency humanitarian assistance in specific regions of Africa and Asia. This global institution with an international mandate, seeks to enable the local jamats to prepare for hazards, respond to crisis situations, and where possible, to avert disaster or minimize its impact. FOCUS meets its challenging and growing mandate through the dedication, energy and intellect of hundreds of volunteers and professionals who form the backbone of FOCUS. Donation The English word donation is borrowed from the Latin, donaire means present. It is an action or faculty of giving or presenting. It includes presentation, grant, bestowal or gift. The tradition of donation goes back to the Islamic period. The Koranic message specifies to participate in the cause of God by giving money. The word infaq means to spending benevolently, occurring seven times in the Koran (2:195, 261, 262, 8:60, 9:34, 47:38, 57:10), such as: "The parable of those who spend their wealth in the way of God is as the parable of a grain growing seven ears with a hundred grains in every ear; and God multiplies it for whom He pleases" (2:261), and "And the parable of those who spend their wealth to seek the pleasure of God and for the certainty of their souls is as the parable of a garden on an elevated ground" (2:265). Didar "The Persian word didar is derived from didan means meeting, beholding or seeing. In Ismaili terminology, it denotes the beholding the Imam of the age. It is a means to strengthen the heart, cooling the eyes, refresh the faith and earn guidance and blessings of the Imam. When one is graced with the didar, he feels that he is newly born, and acts what the Imam imparted. The didar does not mean mere an act of looking the Imam. It needs the eyes of the knowledge and faith and without it the purpose does not solve. The Koran says, "And you see them looking towards you, yet they do not see" (7:198). It implies that there was much difference between the looking of the believers and unbelievers to the Prophet. Generally speaking, there are three types of didar: the exoteric (zahiri), esoteric (batini) and spiritual (noorani), but our discussion here covers only the exoteric didar. First Microfinance Bank Ltd (FMFBL) The First Microfinance Bank Ltd (FMFBL) is the Pakistan's first private sector micro credit institution licensed by State Bank of Pakistan under the Microfinance Ordinance, 2001. The Ordinance defines that the FMFBL borrowers are those whose annual income is below the taxable limit. The Microfinance Institutions are allowed under this Ordinance to provide a whole range of services under one roof such as granting loans, generating deposits, providing remittance facilities and other related financial services. International organizations of Finance and Trading European Common Market GATT = General Agreement on Tariffs and Trade G8 IMF = International Monetary Fund OPEC = Organization of the Petroleum Exporting Countries Current Money Trends World Trade Organization negotiations aims to lower barriers to trade around the world, focusing on making trade fairer for developing countries. Talks have been hung over a divide between the rich, developed countries, and the major developing countries. Agricultural subsidies are the most significant issue upon which agreement has been hardest to negotiate. By contrast, there was much agreement on trade facilitation and capacity building. History of Trade Trade originated in prehistoric times. It was the main facility of prehistoric people, who bartered goods and services from each other when modern money was never even thought of. Peter Watson dates the history of long-distance commerce from circa 150,000 years ago. Requirements by Stock Exchange The securities traded on a stock exchange include: shares issued by companies, unit trusts and other pooled investment products and bonds. To be able to trade a security on a certain stock exchange, it has to be listed there. Usually there is a central location at least for recordkeeping, Stock Exchange Listing Requirements Listing requirements are the set of conditions forced by any given stock exchange upon companies that want to be listed on that exchange. Creating Investment Opportunities for Small Investors The Stock Exchange provides opportunity for small investors like the big investors to own shares of the same or different companies. Mobilizing Savings for Investment When people draw their savings and invest in shares, it leads to a more balanced allotment of resources because funds, which could have been consumed, or kept in idle deposits with banks, are mobilized to promote business activity that benefits several economic sectors like agriculture, commerce and industry, resulting in a stronger economic growth. Raising Capital for Businesses The Stock Exchange helps current and newly-formed companies raise capital for building and expanding their business through selling shares to the investing public. History of Stock Exchanges The courratiers de change were concerned with managing the debts of agricultural communities on behalf of the banks and these men also traded in debts. These men were the first brokers. In the middle of the 13th century, Venetian bankers traded in government securities. In 1351, the Venetian Government outlawed spreading rumors about lowering the price of government funds. Because of this rumor people in Pisa, Verona, Genoa and Florence also started trading in government securities which was possible because there were independent city states ruled by a council of powerful citizens during the 14th century. California Lemon Law Since Lemon Laws vary from state to state so accurate information on the scope and restrictions of Lemon Laws in a particular state can be obtained from an attorney practicing in that state. In California, anything mechanical is covered by lemon laws as well as the federal lemon laws. The federal lemon law provides that the warranter may be obligated to pay attorney fees if he is involved in a lemon law suit. Lemon Law In California, anything mechanical is covered by lemon laws as well as the federal lemon laws. The federal lemon law provides that the warranter may be obligated to pay attorney fees if he is involved in a lemon law suit. Making Money from Stock Market - Tips for Beginners When the market opens, hundreds of people are seen fast moving about shouting and signaling to one another, staring at monitors, and entering data into terminals, or busy on cell-phones on the exchange floor. It looks like a complete fiasco. The broker’s order department passes the order on to their floor clerk, the dealing official, in the exchange.