Posts Tagged ‘Principles’
Takaful and the Principles of Shariah-compliant Financial Services
The term “Takaful†is derived from the Arabic word “Kafaala†meaning guaranteeing. Takaful means “guaranteeing each other” and refers to the concept of permissible Islamic insurance or “Halal†insurance.
Takaful is based on the principles of “Ta’awun†(mutual cooperation) and “Tabaru’a†(Donation) whereby a group of people (Takaful participants or policyholders) agree between themselves to share the risk of a potential loss to any of them by making a donation, of all or part of their contribution, which is used to compensate the loss suffered by any participant of the Takaful scheme.
Unlike conventional insurance in which risk is shifted from the policyholder to the insurance company, Takaful is a structure in which risk is shared between all the policyholders.
The term Islamic finance refers to financial and commercial activities and transactions that conform to “Shariah†(Islamic law). Whilst the terms Islamic finance, interest-free banking, Shariah finance, Shariah banking, Shariah insurance, Islamic banking, and Islamic insurance are relatively new, the underlying principles of Islamic finance date back to the times of the Holy Prophet Muhammad (PBUH). The trading practices of Muslims were based upon these principles until the days of the Ottoman Empire.
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Islamic finance principles have been derived from the Holy “Qur’an†(the Holy book of the Muslims), “Hadith†(the sayings of the Holy Prophet Muhammad, PBUH), “Sunnah†(the way the Holy Prophet Muhammad led His life) and centuries of scholarly interpretations of these three sources. These rules define clearly what is “Halal†(permissible) and what is “Haram†(prohibited) in a financial transaction. The salient points of these rules are:
Celica Marketing Redefines Event Marketing Principles

Celica Marketing, based out of Glasgow, is of course not the first event marketing company in the UK.
Event marketing has always been done, in the best of ways, by many direct marketing companies all over the world. Many are the direct marketing companies that have made their presence felt in a big way in this sector, which has its own potentials and scope. Many are the products that have successfully been launched and promoted using the immense possibilities of event marketing. Many are the customers who have been benefited out of event marketing and its usefulness.
But, anyhow, Celica Marketing has managed to make its own contribution to event marketing. The company, which started operating only about three years ago, in early 2007, has succeeded in re-defining event marketing principles and revolutionising the basic concepts itself. The company gave a new direction and a fresh impetus to event marketing and made things go booming, in a never-before kind of manner.
Celica Marketing, which aims at bringing directly to the people of Glasgow the best of brands available in the international markets, focusses attention on tailoring individual and comprehensive marketing campaigns for each of the client companies and organising suitable events to get the results the clients expect and deserve. This of course is what every event marketing company does, but here it’s done in a more systematic and professional manner. The sales and marketing guys who are part of the campaigns make it a point to stay in touch with direct marketing professionals all over the world, studying trends and changes in the international market. They thus come up with the most advanced and innovative of ideas and marketing strategies. The promotional campaigns thus gain a new colour, a new direction and get ready to take giant leaps. The way these sales and marketing guys take care of the interests of the customers and the clients is nothing short of exemplary. The results too are spectacular.
Principles of Marketing, 12th Edition
Principles of Marketing, 12th Edition
The 12th edition of this popular text continues to build on four major marketing themes: building and managing profitable customer relationships, building and managing strong brands to create brand equity, harnessing new marketing technologies in the digital age, and marketing in a socially responsible way around the globe. Thoroughly updated and streamlined, Principles of Marketing tells the stories that reveal the drama of modern marketing, reflecting the major trends and forces that are impa
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Principles of Marketing, 12th Edition Reviews
Principles of Marketing, 12th Edition
The 12th edition of this popular text continues to build on four major marketing themes: building and managing profitable customer relationships, building and managing strong brands to create brand equity, harnessing new marketing technologies in the digital age, and marketing in a socially responsible way around the globe. Thoroughly updated and streamlined, Principles of Marketing tells the stories that reveal the drama of modern marketing, reflecting the major trends and forces that are impa
List Price: $ 198.67
Price:
Marketing
Marketing, 9/e by Kerin, Hartley and Rudelius continues a tradition of leading the market with contemporary, cutting-edge content presented in a conversational student-oriented style, supported by the most comprehensive, innovative, and useful supplement package available. This text and package is designed to meet the needs of a wide spectrum of faculty—from the professor who just wants a good textbook and a few key supplements, to the professor who wants a top-notch fully integrated multimedi
Price:
Find More Marketing Products
Principles of Marketing, 12th Edition Reviews
Principles of Marketing, 12th Edition
The 12th edition of this popular text continues to build on four major marketing themes: building and managing profitable customer relationships, building and managing strong brands to create brand equity, harnessing new marketing technologies in the digital age, and marketing in a socially responsible way around the globe. Thoroughly updated and streamlined, Principles of Marketing tells the stories that reveal the drama of modern marketing, reflecting the major trends and forces that are impa
List Price: $ 198.67
Price:
Marketing
Marketing, 9/e by Kerin, Hartley and Rudelius continues a tradition of leading the market with contemporary, cutting-edge content presented in a conversational student-oriented style, supported by the most comprehensive, innovative, and useful supplement package available. This text and package is designed to meet the needs of a wide spectrum of faculty—from the professor who just wants a good textbook and a few key supplements, to the professor who wants a top-notch fully integrated multimedi
Price:


