Thursday, May 28, 2020

Free Transactions How Would Work Example For Free - Free Essay Example

Nowadays, interest -free banking transaction is started getting popular and popular among many countries. The concept of interest free banking is first derived from Islamic banking. People might think that how can a bank to be survive if it does not charge any interest on the loan? But yet, there are evidences show that bank still can operate successfully based on interest free transaction for example Islamic bank. At basic, Muslims in Islamic banking are omitted from receiving or paying any kind of interest. This does not mean that the bank does not encourage any business and revenue generating activities. Interest free banking has their own principle to deal with those revenue and profit as well as business prerequisites. For example, interest free banking works out as equity financing rather than deal with debt financing. The reason is that debt financing is mainly focus on the profit interest rate. When debt financing takes place, it means that the loan given by the b ank is needed to pay back in a certain time together with interest charging but no ownership taken on business. In contrast, equity financing serves as the borrowers sell the business ownership proportion in convert for money. The main difference between debt financing and equity financing is the ownership of the lending parties towards the business. Equity financing lending parties gain ownerships while debt financing does not gain any ownership on the business. In other words, interest free bank is helping people to obtain debt in the early stage. This is the most prominent feature that interest free bank practice. The reason is because interest free bank work with their principle that the lender and borrower must engage in business relationship. Lender supposes to share the neither profit nor loss from the borrowers in business or enterprise since lender is like investors who invest money in the borrowers business according to the principle of interest free banking who share the profits and loses together. The lender and borrower are more like partner instead of debtors and creditors. By applying this principle, it can help reduce the moral hazard problems which the borrowers have incentives to engage in undesirable activities to not paying back the loan. In addition, it can also help to dilute discrimination between rich and poor. Besides that, the depositors who seek to earn some compensation for their deposits other than saving accounts are available in interest free banking. There are short term and long term investment accounts provided by interest free banking. Depositors are required to hold minimum money that is set by interest free banking for minimum of three months in short term investment banking. For those who are seek for long term investment, the depositors are require to leave the resources for at least one year. In the end, depositors will gain a small percentage return on the deposits based on annual basis according to the banks profits. U nlike commercial banks, they charge fixed interest rates on saving account. For a real case example, Swedish JAK Medlemsbank (Members Bank) is applying interest free banking principle who had earned the name of safest bank in Sweden. JAK bank provided interest free charge loan for the members. In order to provide interest free loan, the bank must also have interest free savings so that there are enough money supply to the borrowers. Since there is no interest, people are not willing to deposits their money in the bank. In order to solve the problem, JAK bank is using a system called Savings Points to balance the saving and borrowing. By using this principle, every member is required to save approximately money as they will have borrowed in order to take out the loan. Since interest free banking is normally based on Islamic banking, what is Islamic banking? Islamic banking is a bank that operates by using the principles of Islamic law (Sharia) through the Islamic economics. In my opinion, I would say that we are really needed Islamic banks. The reason is because Islamic bank is not a bank who is just borrow the loan and throw the risk burden to the entrepreneur but they also share the actual net profit or loss. Since Islamic bank is more likely like investors instead of creditors, it will give some advice that could help the borrowers business. Unlike conventional bank, they are more focus on the ability of the borrowers to repay the loans with the interest charge no matter the borrowers are having profit or lose. Besides that, Islamic bank is also operated with the consolidation of moral and ethical values based on Islamic Shariah. Those unmoral activities like casinos, pornography, alcoholic or illegal activities are prohibited in Islamic banking although such activities or services are legal or proven in some country. Since interest free banking had been universally established long time ago, different types of interest free bank might differ from thei r benefits and services provided, but they all are basically being held in agreement with the essential values of Islamic banking. In others words, Islamic banking is the head central for all the interest free banking. The differences happen is because the variety of country regulations and the customized of banks experiences and its aims as well as the needs of the residents.

Wednesday, May 6, 2020

Assessment Methods For A Learner s Knowledge - 2396 Words

Assessment Methods There are various assessment methods that can be used in different scenarios for different reasons. Observation Observation is one of the primary assessments and will be used often, as you should be observing the learners’ at all times ensuring that learning is taking place. You need to be observant of body language or actions such as raised hands in case a learner has missed something or has a question to ask. You also need to be observant to any hazards within your learning environment such as obstacles on the floor that may cause an accident. Questions Both written and oral are another good way of assessment, which are used regularly. Oral questions are a good way to engage with your learners’ plus get discussions going which can assist with gaining current knowledge depth of your learners. Written questions are good in a learning environment as a learner can express their selves in written form that can lead to deeper thoughts being captured. Written questions can be used in an exam to test a learner’s knowledge. Past Experience and Achievements You can use past experience and achievements as a starting point for assessment. If you have a learner who may have worked or studied in the area that you are teaching, you can assess that experience then decide where to start on the subject for future assessment. Electronic Assessments Electronic assessments are a good way to check learners’ ability whilst using equipment like computers and software.Show MoreRelatedReview and Evaluate a Range of Different Assessment Methods Available for a Tutor to Use Throughout the Teaching/Training Cycle and Explain the Ones You Would Use in the Context of Your Subject Area. Justify the Types772 Words   |  4 Pagesdifferent assessment methods available for a tutor to use throughout the teaching/training cycle and explain the ones you would use in the context of your subject area. Justify the types of records you would keep for assessment and in the wider context of your teaching. Assessments are the way to find out if learning has actually taken place. Enabling us, as tutors, to see if objectives have been met. The teaching training cycle begins with an initial assessment of the learners, where we mustRead MoreHow to Handle a Classroom with a Learning Level Diversity837 Words   |  3 Pagesenvironment that provides the opportunity for their knowledge to grow. Performance assessment is a very popular method to use when attempting to use what is known as norm-referenced tests. Many people in positions that require some sort of teaching or training really take advantage performance assessment (PA) to obtain a clearer and more detailed perspective of what students have already learned and what these students show potential of doing. 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A key weakness in this method is that some learners could prepare for their exams by concentrating on past exam papers which lessen the likelihood of long term learning. Also, other arrangements such as invigilation might also be required to be in place (Gravells, 2014, P.168). Self-assessment entails learners assessing their own progress as the name denotesRead MoreCipd Essay762 Words   |  4 Pages4DEP F301A (LD) CIPD Assessment Activity Template Title of unit/s Developing Yourself as an Effective Learning Development Practitioner Unit No/s 4DEP (LD) Level Foundation Credit value 4 Assessment method Written, Discussion Learning outcomes: 1. Understand the knowledge, skills and behaviours required to be an effective LD practitioner. 2. Know how to deliver timely and effective LD services to meet users’ needs. 3. Be able to reflect on own practice and developmentRead MorePtlls Unit 71446 Words   |  6 PagesUNIT 007 Principles of assessment in lifelong learning Craig Pearson (1400 words) 1.1 1.2 1.3 2.1 2.2 Explain the types of assessment used in lifelong learning. Explain the use of methods of assessment in lifelong learning. Compare the strengths and limitations of assessment methods to meet individual learner needs. Explain ways to involve the learner in the assessment process. Explain the role of peer and self-assessment in the assessment process. Assessments are the process of evaluating anRead MoreEducational Psychology and Assessment1205 Words   |  5 PagesCertificate in Teaching in the Lifelong Learning Sector - (Intensive) |Unit Title |CTLLS UNIT 3 - Principles Practice of Assessment | |Theory Assessment Number | | |Candidate Name |KEN PHILLIPS |Candidate Number | | |Date Issued | Read MoreTeaching And Learning Department Of Teaching1595 Words   |  7 Pagesdisplay all of the knowledge, skills, and dispositions needed to become a truly effective educator in the first through fifth grade classroom setting. The Teaching and Learning Department encourages its teacher candidates to strive for excellence and professionalism constantly. One way this is displayed is through the Conceptual Framework. In order to be an effective educator, the Conceptual Framework must be exhibited in the classroom. This includes demonstrating knowledge of the learner, implementing

Tuesday, May 5, 2020

Hamlet Nature and Morals Essay Example For Students

Hamlet Nature and Morals Essay Great literary works retain their popularity as a result of many different factors. One such factor which can lead to popularity of a work, current or consistent discussion of a work’s merits, can come into play when an author or playwright leaves questions unanswered in his work. In Hamlet, William Shakespeare creates such a situation. As a result of the ambiguity of clues given throughout this play, critics may argue for or against the idea that Prince Hamlet’s â€Å"antic disposition† put on as a facade to mislead the royal family pales in comparison to the disposition of Hamlet’s lunatic mind, or in other words, that Hamlet in fact truly succumbs to insanity. Evidence for this opinion can be derived from Hamlet’s erratic mood changes, careless slaughter of those not directly involved in the murder of his father, and interactions with the ghost of King Hamlet. For a man thought to be feigning insanity, Prince Hamlet seems to have very little control of his emotions. In fact, Hamlet admits this to Horatio, his confidant, when he says, â€Å"Sir, in my heart there was a kind of fighting / That would not let me sleep† (5.2. lines 4-5). This lack of restraint leads to Hamlet’s unpredictable mood swings throughout the play. Hamlet’s relationship with Ophelia easily spawns such dramatic alterations in the prince’s attitude. For example, when Hamlet first suspects Ophelia acts only as the pawn for Polonius’s ploys, he reacts rashly, bitterly denying that he ever loved her. â€Å"You should not have believed me, for virtue cannot so / inoculate our old stock, but we shall relish of it. I loved / you not† (3.1.117-19). This massive reversal in disposition is later contrasted by another reversal when Hamlet leaps into Ophelia’s open grave at her funeral to dispute Laertes and claim, â€Å"I loved Oph elia, forty thousand brothers / Could not with all their quantity of love / Make up my sum† (5.1.252-54). These abrupt mood changes also appear in Hamlet’s relationship with his mother. He seemed to believe in his mother’s purity and goodness, but eventually Hamlet seems to hold a great mount of contempt for Gertrude, especially when he mocks her words, and then snidely proclaims: â€Å"You are the queen, your husband’s brother’s wife, / And would it were not so, you are my mother† (3.4.15-16). Such mood swings as these definitely prove, if anything, that Hamlet could not keep adequate control of his emotions. This lack of discipline also leads Hamlet to shamelessly murder several people not directly related to his plot to avenge his father’s death. Hamlet kills Polonius in Scene 4 of Act 3 when he becomes startled by the former’s cries for help. He the flaunts this deed n the presence of the King and Laertes. Hamlet also boasts to Horatio of his cunning plan which resulted in Rosencrantz and Guildenstern delivering their own execution notices to the English crown. Is it possible for a sane man to gloat over the death of another man by his own hand? In addition to these deaths, Hamlet can be indirectly linked to the deaths of Ophelia and Gertrude. To further this idea of Hamlet’s insanity, one can observe the prince’s interaction with the ghost of his father. For example, after Hamlet’s first interaction with this ghost, he puts forth, as Horatio calls them, â€Å"wild and whirling words.† Why right, you are in the right, And so without more circumstance at all I hold it fit that we shake hands and part, You, as your business and desire shall point you, For every man hath business and desire Such as it is, and for my own poor part, Look you, I will go pray. (1.5.127-134) Another possibility exists in relation to Act 3 Scene 4 in which Hamlet sees the ghost of his father, while Gertrude cannot see the specter. It is important to remember that in all other encounters with the ghost, Hamlet was not the only person to behold the spirit. In this scene however, Hamlet alone sees this vision. This scene reveals Hamlet’s madness at its pinnacle. .u012c9065a6a45c9db724c9cefb4e5390 , .u012c9065a6a45c9db724c9cefb4e5390 .postImageUrl , .u012c9065a6a45c9db724c9cefb4e5390 .centered-text-area { min-height: 80px; position: relative; } .u012c9065a6a45c9db724c9cefb4e5390 , .u012c9065a6a45c9db724c9cefb4e5390:hover , .u012c9065a6a45c9db724c9cefb4e5390:visited , .u012c9065a6a45c9db724c9cefb4e5390:active { border:0!important; } .u012c9065a6a45c9db724c9cefb4e5390 .clearfix:after { content: ""; display: table; clear: both; } .u012c9065a6a45c9db724c9cefb4e5390 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u012c9065a6a45c9db724c9cefb4e5390:active , .u012c9065a6a45c9db724c9cefb4e5390:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u012c9065a6a45c9db724c9cefb4e5390 .centered-text-area { width: 100%; position: relative ; } .u012c9065a6a45c9db724c9cefb4e5390 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u012c9065a6a45c9db724c9cefb4e5390 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u012c9065a6a45c9db724c9cefb4e5390 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u012c9065a6a45c9db724c9cefb4e5390:hover .ctaButton { background-color: #34495E!important; } .u012c9065a6a45c9db724c9cefb4e5390 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u012c9065a6a45c9db724c9cefb4e5390 .u012c9065a6a45c9db724c9cefb4e5390-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u012c9065a6a45c9db724c9cefb4e5390:after { content: ""; display: block; clear: both; } READ: Tennessee Williamss Life Story EssayIn conclusion, Hamlet’s â€Å"antic disposition† can easily be understood, through examples of Hamlet’s unpredictable attitude changes, slaughter of innocents, and interactions with the ghost of his father, to be only the â€Å"tip of the iceberg† concerning his unstable mental state.