Islamic Financing vs the Capital Asset Pricing Model (CAPM) Essay

The research article discusses two approaches, one method is Islamic financing and other is the conventional capital asset pricing model (CAPM). Using the direct Musharakah, Islamic financing method is applied against the conventional financing method by comparing each other. Comparing the two approaches has drawn several findings; it is found that the beta-risk is lower on investments, which are based on the partnership of Islamic financing as compared to the conventional market. The risk is on the share of the lenders and others but not on the risk-return. Equilibrium exists between the relative risk and the share of lender, furthermore, it is also discussed in the article that Islamic financing is not based on the fixed and predetermined rate of interest, prediction of inflation in future and the partnerships, which are based on the minimum risk with maximum return. Islamic financing is spreading with the growth rate of 23% annually and many Islamic financing banks and institutio ns are working all over the world. The primary objective of this article is to lay down the hypothetical framework, which discusses the Profit and loss sharing based on Islamic principles with the investment of interest free partnership. According to the author, Islamic financing is based on the risk that is beard by the both parties. On the time of investment, whether agents have shortage or surplus of resources, they have to share the returns and risk on the investment they are making. General concepts of Islamic financing instruments like Mudarabah, Musharakah, Murabahah, Al-Salam and Al-Ijara are based on the mechanism of profit and loss sharing (PLS). All of these above mentioned partnerships are based on the agreed upon the subsequent loss or th... ...anagement of the stock portfolios, implementing an Islamic CAPM would ultimately result in more satisfying results that can potentially produce generous income for the investor. Works Cited Hanif, M. and U. Bhatti, 2010. Validity of CAPM: Evidence from KSE. European Journal of Economics, Finance & Administrative Sciences, Issue 20, pages 148-161. Selim, T. H. (2008). An Islamic capital asset pricing model. Humanomics, 24(2), 122-129. Hanif, Muhammad and Dar, Abubakar Javaid, Comparative Testing of Capital Asset Pricing Model (CAPM) and Shari’a Compliant Asset Pricing Model (SCAPM): Evidence from Karachi Stock Exchange - Pakistan (November 18, 2011). 4th South Asian International conference (SAICON-2012), Pearl Contenental Hotel, Bhurban, Pakistan, 05-07 December, 2012. Available at SSRN: http://ssrn.com/abstract=1961660 or http://dx.doi.org/10.2139/ssrn.1961660

New media Essay

New media has transformed the way we receive and produce content. New media such as the internet is making it easier for people to get their opinions across which creates content and allows a two-way dialogue. New media and technologies such social media networks change the way a person perceives the world. In the past decades, old style media was the only form of media used to receive content and sharing content was not as easy like it is nowadays. Internet can be easily accessed, with the transformation process still continuing it is now easy for the public to create and upload content which form discussions. Habermas’ conception of the public sphere (Scannell 2000). Habermas defined the idea of the public sphere as a social space in which all participants spoke as equals, made rational arguments, felt free to question authority and traditional political assumptions. New media is broadcasted though digital media and online sites such as Facebook and the internet. Content is shared and created through social media by uploading or publishing content such as images, videos and text. New media allows individuals to receive and share content. The rapid development of computer science leads to the emergence of brand-new type media which is transforming the world and the way how people perceive the world. Interactivity which distinguishes new media from their traditional counterparts endows them with capability to transform the mode of communication. Based on the powerful computer science and technologies, new media quickly engulf the whole world. Rather than evolving from traditional media and extending to new fields traditional media fail to reach, new media are completely another tool with totally different structure and mechanism against which they function. They make it possible to construct a three-dimension world resembling exactly what human beings actually live and give people a realistic feeling after stepping in. This capacity leads to a new mode of cultural representation, simulation. The implications are more than just to imitate and reveal true, but also include creating truth  creating a reality that cannot exist in the actual world. The interactivity closely associated with new media enables them the transform the conventional communication mode as well. The one-way information flow in traditional media changes into the two-way dialogue, then into â€Å"group discussion†. Virtual communities and social networks take shape. There, communication participants are no longer persons in conventional sense, but reduce into roles. A single person can have various roles to present in different spaces created by new media. An example of the two – way dialogue is the â€Å"BUST THE BUDGET† on the sbs site and through social media such as twitter people who attended the rally were able to connect and present their opinions to sbs. Online social networking communities are transforming the way we are experiencing television/network channel content. Social media connects people from local to global. Online communities talk everything that excites, entertains, energies or anything that creates an emotional bonding with certain kind of stuff. Social sites like Twitter and Facebook are the platforms where communities share information, ideas and insights. To conclude, media quickly to engulf the whole world. Rather than evolving from traditional media and extending to new fields traditional media fail to reach, new media are completely another tool with totally different structure and mechanism against which they function. They make it possible to construct a three-dimension world resembling exactly what human beings actually live and give people a realistic feeling after stepping in. This capacity leads to a new mode of cultural representation, simulation. The implications are more than just to imitate and reveal true, but also include creating truth creating a reality that cannot exist in the actual world. The interactivity closely associated with new media enables them the transform the conventional communication mode as well. The one-way information flow in traditional media changes into the two-way dialogue, then into â€Å"group discussion†. Virtual communities and social networks take shape. There, communication participants are no longer persons in conventional sense, but reduce into roles. A single person can have various roles to present in different spaces created by new media. Cultural representation and  communication are no longer what they used to be in face of the powerful engine. This is what â€Å"new† in â€Å"New Media† exactly means transformations. Reference: Media and Modernity: A Social Theory of the Media – John B. Thompson – 2014. Media and Modernity: A Social Theory of the Media – John B. Thompson The Structural Transformation of the Public Sphere – J.Habermas – 2014. http://www.sbs.com.au/news/article/2014/07/06/anti-budget-rallies-held-around-country-0 Meikle, Graham & Young, Sherman (2012) Ch 3 ‘From Broadcast to Social Media’ in Media Flew, Terry (2008) â€Å"Approaches to new media† from New media Van Dyke, N., Soule, S. A., & Taylor, V. A. (2005). The targets of social movements: Beyond a focus on the state. Research in Social Movements, Conflicts and Change, 25, 27-51. Howley, K. (2007). Community media and the public sphere. Media studies: Key issues and debates, 342-360. Scannell, P. (Ed.). (1991). Broadcast talk (Vol. 5). Sage. http://www.abc.net.au/news/2014-07-06/storify-bust-the-budget-protests/5575378

Drone´s Should Not Be Used unless They are Completed...

With the large strides and advancements in different branches of consumer and industrial electronics, interest in one piece of technology has grown exponentially, drones. Drones have become more than only a hobbyist’s toy, stretching into police surveillance and even into industrial uses. These drones, covering our skies, not only become a safety concern but also a privacy concern. Laws and regulations need to be put in place for the use of drones in order to protect the safety and privacy of citizens. The main reason why hobbyist drones need to be regulated is because of the public security problem that they create once they are in the hands of general consumers. The newest of the hobbyist drones can cost anywhere from $100 to upwards of $1000 and vary in sizes and weights which can be flown with a simple remote control from over a quarter mile away (â€Å"Drone 101: What is a Quadcopter†). The greater the price of the drone, the smaller the drone, and the stronger it is. This variation of costs and abilities allows consumers have the ability to choose a drone that best fits their needs and requirements. While many hobbyists use their drones to fly over cities or meadows with small cameras attached in order to record scenery, there are also many other uses (Senese). In the hands of the wrong person, these drones could possibly provide a new way for sinister acts, such as carrying illegal items or weapons across borders and into prisons, to take place without the pilot actuallyShow MoreRelatedbullet theory7360 Words   |  30 Pagesthe mass media in the belief that he could use it unify the German public behind the Nazis in the 1940s. Function The theory amp;ldquo;suggests that the message is a bullet, fired from the amp;lsquo;media gunamp;rsquo; into the vieweramp;#039;s head,amp;rsquo;amp;rdquo; states the University of Twente. In this model, the audience is passive. Viewers are sitting ducks with no chance to avoid or resist the impact of the message. Mass media, in this view, is dangerous because people believeRead MoreThe Impact Of E Commerce On Business7352 Words   |  30 Pagesthe success of an e-commerce business. In task three I will try to present all the critically assess the risks of linking business systems to the internet. In my paperwork, I will introduce the term of electronic commerce or e-commerce, which is used for the use of ICT in the external activities and relationships of the business with individuals, groups and other business. My goal here is to find out why the Ecommerce grown so rapidly. The answer lies in the unique nature of the Internet and theRead MoreAn Introduction to Hydrophonics and Controlled Environment Agriculture40110 Words   |  161 PagesIntroduction to Hydroponics and Controlled Environment Agriculture by Patricia A. Rorabaugh, Ph.D. University of Arizona Controlled Environment Agriculture Center 1951 E. Roger Road Tucson, AZ 85719 Revised December, 2012 TABLE OF CONTENTS CHAPTER 1: Controlled Environment Agriculture and Hydroponics: Past, Present and Future The Plant How to grow greenhouse crops Plant Protection: Insects and Diseases Basic Principals of Hydroponics Transplant Production Pollination, Fertilization and BeeRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesbuilt-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul SingaporeRead MoreEssay on Fall of Asclepius95354 Words   |  382 PagesFall of Asclepius By Harm 1 and Icrick Prologue Where should I begin? The apocalypse happened so fast. In less than a month, monsters infested every part of this world. People panicked, people died. They clawed at each other just to get out of all the infested areas around the world. There was problem about fleeing from infested areas. Everywhere was infested. There was no where anyone could go without encountering the walking plague. You know that phrase War is Hell? Well... its dead