Category Archives: Finance

Finance

Personal Finance Goals

Although for some personal finance may come natural, for many the idea of balancing their monthly income against their financial responsibilities can be a daunting task. Some find it hard to set money aside that is needed for electrical bills, water bills, insurance and end up unable to pay some of their necessities when they come due.

However, balancing your personal finance sheet does not have to be this hard. Many financial experts suggest one should create a list of all of his or her responsibilities that must be met each month. After making this list, one should take their net monthly income and see how it stacks up against all the bills that he or she has decided are must pays.

After doing this, your personal finance news become relatively simple. The hardest part is sticking with the list and making sure everything that is considered a necessity is met. After one has an understanding of their monthly needs versus their monthly income, he or she should also add an amount of savings to the list that contains the must pay bills.

It is recommended by practically every economist that one needs to have some sort of monthly savings plan. You can never tell when the alternator may fail on your car or when the wind blows your screen door from its hinges during a bad storm. By having some sort of savings account, one will be able to make any needed repairs to his or her personal property. After all, for most people a car is necessary to get them to work so this savings account would almost be like an emergency account as well.

Also, there are many ways in which one can cut his or her monthly costs. The ability to cook at home instead of dining out can be a great way to save money.

Making sure your car is properly tuned can greatly increase one’s gas mileage, which is another way to cut your monthly costs. When creating a list of one’s monthly priorities, be sure to factor in expenses such as gas, dining out, and other things you may spend money on. It’s not just your power bill and mortgage that takes away from your bottom line. Anywhere there is money being spent regularly is open game to adding to your list.

Red Wealth Zone (redweathzone.co.uk) is a website that provides general personal finance news. The website is dedicated to providing its visitors with general rules and direction when it comes to one’s business finance news

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Finance

Vendor Finance Home (SBM)

 

You have just purchased the house of your own dreams, authorized anything in addition to packed the actual shifting truck — you’re all ready, correct? Not necessarily in case you have not offered your current house very first. So you utilize it the market and you wait around. As well as wait around. And hold out. In a number of cities where celebrate much more monetary feeling so as rent to own, buyers shouldn’t end up being fascinated. In other people, buyers are available together, however they do not have sufficient money preserved for a down payment or their very own credit score is harmful sufficient. How would you really market this home?

For a lot of, the actual rent-to-own home may be the best option. Also called the rent to buy home, the procedure functions much like an automobile lease: Renters invest a quantity each month to reside in the house and at the end of a arranged period of time — usually within three years — they’ve the choice to buy the house. Every month of lease they spend is really earnings for your seller, although some of it will go in the direction of a payment in advance in order to eventually buy the home.

So that your No Deposit House has been up for sale for months and you can no longer afford to make home loan repayments on both your own outdated as well as brand new homes. You’re eager to marketplace such as the wish to generate losses. Right now may be time to consider producing your own Bad Credit Home the rent-to-own property.

Also you possess a 100% finance option from a Vendor Finance Home.

Before getting right into a agreement, retailers have to figure out the particular purchase price and rent they’ll cost for your home. Each amount is commonly susceptible to settlement, just like a regular purchase could be. But consumers have to remember that after they indication a contract, the particular purchase price of a house is located in ’till the finish of the rental term, in between 1 as well as three years. Even if additional property prices improve or even drop in that time, the first agreed-upon price is final.

Renters should also spend an option charge after which a lease top quality. The option charge is a set amount the tenant will pay the seller. When, at the end of the actual lease period of time, the actual renter purchases the home, the option charge becomes part of the down payment. If the tenant does not buy the home, the option cost gets income for the seller. Rent rates are a sum somewhat within the typical rent, having a a part of those funds going towards a payment in advance.

Visit http://www.ewealth.net.au/ for more information about new homes, properties for sale, rent to own home, Rent to Own Your Home, rent to buy a house, no deposit house melbourne Australia, house for rent to buy Melbourne.

 

Author, Susanne Dubey specializes in writing about rent to buy, rent to own home, No Deposit Home, No Deposit House, 100% finance & Bad Credit Home subjects.

Finance

finance times and business

In these severe finance times individuals are looking to spend less wherever they can. Let’s face it pay goes up are little & in fact many individuals have had pay reduces & plenty more depend themselves fortunate to still be employed. Therefore the only way to get more sales is to preserve on what you are already investing.

Utility expenses for homes are just like a companies set expenditures in that they are finance costs that must be paid, however if you can create benefits you improve your “bottom line” i.e. revenue. So in the case of personal clients you can improve the sales by keeping on your set expenditures.
 
Application services through online finance assignment help
 
Saving on programs however is not as simple as it should be, many application services have numerous “plans” that you can be on, all with different charges, such as; Conventional Amount, On the internet Short-cut, On the internet Strategy, Short-cut 50, Fixed Contract price etc. In my view power organizations intentionally mix up customers who then end up remaining on the same repayment intend to preserve on the problem of transferring. This implies that many individuals are shelling out too much for their programs. They got is trying to power the big application services to create their costs clear and understandable, for example from Apr 2011 all services had to provide yearly uses on gas & utility costs, this was to help you to evaluate expenditures with other services. They are now trying to get these same services to cut down on the number of charges available to cut misunderstandings for clients.
 
Steps to Making Savings with finance assignment help
 
So how do you create sure you are not shelling out too much? The first step is to get in touch with your present company & ask them if they have any “saver tariffs” that you could change to which would mean you would be shelling out less. In an ideal world your company would get in touch with you & counsel you of these “special rates” & so compensate you for being a devoted customer; however I very much doubt that this will ever happen. Just to provide you an example I did a price evaluation examine on gas & power today using one of the big services, in comparison to their standard tariff if I moved to one of their “special rate” promotions I would affect 17% off my bill! Do you think that this organization is going to provide me a contact & recommend that I should switch?
Price evaluation website with finance
 
In the above example I used a price evaluation website to evaluate what I’m currently shelling out against what I could be shelling out. It is very important that when you do an evaluation examine that you use your real utilization results & not simply your postcode & present company. If you don’t use the real results ( keep in mind above I recommended that all services must now show these on your costs, if they don’t band them & ask ) then you are not getting a true evaluation & you could end up transferring to a company under the wrong impact that you are going to spend less.
 
Finance evaluation website and finance assignment help
 
Just a caution about price evaluation websites, these websites are associates of the application suppliers; this indicates that if you use their website & click through to a company & indication up for their services then the owner of the evaluation website will obtain a commission payment. If you do not change your company the evaluation website will not earn any cash, for this reason create sure that you use more than one evaluation website & see if they counsel you to change to the same company.
Another tip is, once you obtain guidance to change to a new company, provide your current company a contact to tell them you have found a rate plan & can they go with or defeat it.
 
In the guidance above I have mainly been discussing gas & power services, drinking water is not de-regulated yet so you are trapped with the same company, however if you are a low person of water then get a gauge fixed & this will preserve you a lot of cash.
 
Telecommunications & Broadband with finance assignment help
 
For telephony such as internet there are the same misunderstandings around as that experienced with gas & power provide. There are plenty of organizations providing a number of promotions for “cheap broadband” “free calls” ” super fast downloads” etc A lot of the services use what is known as “confusion marketing” where they offer gratify promotions to attract you in but then have a number of contract & add-ons to totally mix up you. There is no quick fix here at the moment, generally you have to decide what you are looking for i.e. the quickest internet or totally free getting in touch with 24/7 & then read all the little of all of the present provides. Understand that when an organization provides internet at £x per month you have to add range lease to that to be able to get the all inclusive costs.
 
Then you have to consider how much information you obtain per month & whether this will be provided in the price. Next you have to consider how many getting in touch with you create per month & how much this is currently priced at you. Make sure what “free calls” actually indicates, is there a restrict, are 0870 numbers provided, what about the price for getting in touch with mobiles? Very often to be able to obtain these “free calls” there is a per month price, so the getting in touch with are not actually “free”.
 
As most individuals take cell phone & internet as a “package” in common there is a simple way to decided what you want, taking speed out of the situation, if you only use the world wide web to look at the web, examine messages & do the temporary obtain then you should go for a program with a to cap it utilization rate which will be the most affordable option. You will probably get night time & few days getting in touch with tossed in with these provides, so unless you are around a lot during the day then this will be fine.
If you are a hefty web surfer, or have kids!, then go for the endless information provides, that way you don’t run the risk of getting a large costs because one of your children left an activity running overnight!
 
If you create plenty of getting in touch with from your residential then it is a good idea to go for a program that contains endless getting in touch with 24/7. Some services will even offer you this no price. Consider that these totally free getting in touch with do not include getting in touch with to cell phones, there is only one organization I know of that allows totally free getting in touch with from land lines to cell phones. For getting in touch with to cell phones it is always best to use your totally free minutes from your mobile company.

expertsmind.com offers online finance assignment help

Finance

Solutions By Finance Professionals

Almost all states require treasurer or a chief financial officer. The environment of a private sector with increasing demands to deliver quality services and to do so within a framework of responsible financial and the resource management the role of the chief financial officer arises to achieve success with having a diverse role and responsibilities in today’s complex public sector environment.

 The core responsibilities of financial management services can be divided into the major components such as controllership duties, treasury duties and focussing on economic strategies. Chief financial officer is always responsible for the company’s financial condition and he or she has to take the measures to invest company’s money considering risk and liquidity, and in addition CFO sees capital structure of the company and also determines the debt, equity and the internal financing.

Sometimes financial management services help the larger issues that might have to do with the whole council and they play a key role in dealing with the financial implications of purchase and monitoring of services and goods. His duties also include economic forecasting and modelling. CFO’s job is a very tough job as he or she is able to project the long term financial picture of the company and how it thrives based on his or her analysis.

A strong management is the back bone of the company, its management that ultimately makes the strategic decisions and there is no such magic formula to evaluate management but there is a factor that needs to pay attention.

The most important thing for a good CFO is to listen and to learn first and get the grips with the whole understanding and what the real need to do in order to achieve with the prioritise actions later.

It’s important for the CFO to be strategic and helping to shape overall strategy and direction and instilling a mindset throughout the organization to help other parts of the business to perform better. And their varied role makes its job more complex and challenging. Financial management services help you to develop a customize investment portfolio consistent with the investment goals and risk tolerance. And also help in transforming their finance capabilities help drive business value across the enterprise.

Businesses fail or succeed based on their ability to create and manage a profitable business and the goal of these Financial Management Services to help every business achieve sound financial management from general ledger generals to sophisticated fiscal reporting and performance management with the Chief Financial Officer who is responsible for overseeing the financial operations.

Finance

Corporate finance help online

 

Expertsmind is intended at providing corporate finance assignment help to the students of corporate finance. We have a group of experts to deal with the assignment related issues of the students in corporate finance.

Corporate finance is the branch of finance which treats with financial judgments that business ventures make and the tools and analysis used to make these judgments. The job of a finance manager mostly consist of dealing with money i.e. how to lift the money needed and how to use or allocate the money keeping in mind the maximization of shareholder price as the goal.

 Working Capital Management

The finance manager acquires the decisions for the on top of fields of unease keeping in mind the goal of financial management. The aim of financial management in a commercial business is to make judgments that raise the worth of the stock, or, more usually, increase the market value of the justness. There is the opportunity of conflicts between stockholders and management in a great corporation. These conflicts are called agency difficulties.

Our experts at expertsmind are specialized in their relevant field. This ensures excellent assignment help to the students. As well providing corporate finance assignment help our experts perform periodic evaluations of the student performance. These periodical evaluations allow the experts to referee student’s performance and recommend the ways of progress. Additionally students can interact with our experts at any time in whole day for on spot clarification of misgivings.

Online support and live chat facility help the students to acquire expert support at convenient timing in the console of their drawing rooms. Online Corporate finance assignment help services are predominantly useful for the students residing in remote parts.

The students residing in distant areas often face the trouble of lack of help but online assignment help is the best solution. Supplementary one most important advantage of online corporate finance assignment help service is the economic possibility. Hence students can effortlessly avail them. It is not an economic load. The benefit of experts help from expertsmind is much more than the costs incurred.

Most of the MBA level corporate financial comes under the outdoor offset umbrella of the Trade-Off Concept in which companies are believed to trade-off the tax benefits of debts with the bankruptcy costs of debts when making their choices. However economic experts have developed a set of substitute concepts about funding choices. One of the main substitute concepts of how companies make their funding choices is the Pecking Order Concept which indicates that companies prevent exterior funding while they have internal funding available and prevent new value funding while they can practice new debts funding at reasonably low rates.

Theory of hypothesizes corporate finance

Also, Investment structure alternative theory hypothesizes that management manipulates the main town structure such that income per share (EPS) are increased. An growing area in financial theory is right-financing whereby financial commitment financial institutions and organizations can boost financial commitment return and company value over time by identifying the right financial commitment goals, policy structure, institutional structure, source of funding (debt or equity) and expenses structure within a given economic climate and under given market conditions.

Expertsmind.com provides instant Corporate finance assignment help services

Finance

Organisation of Finance Function

finance photo

Organisation of Finance Function

 The organisation of finance function implies the division and classification of functions relating to finance because financial decisions are of utmost significance to firms. Therefore, to perform the functions of finance, we need a sound and efficient organisation.

 Although in case of companies, the main responsibility to perform finance function rests with the top management yet the top management (Board of Directors) for convenience can delegate its powers to any subordinate executive which is known as Director Finance, Chief Financial Controller, Financial Manager or Vice President of Finance. Besides it is finally the duty of Board of Directors to perform the finance functions. There are various reasons to assign the responsibility to the Board of Directors. Financing decisions are quite significant for the survival of firm. The growth and expansion of business is affected by financing policies. The loan paying capacity of the business depends upon the financial operations.
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 The organisation of finance function is not similar in all businesses but it is different from one business to another. The organisation of finance function for a business depends on the nature, size financial system and other characteristics of a firm. For a small business, no separate officer is appointed for the finance function. Owner of the business himself looks after the functions of finance including the estimation of requirements of funds, preparation of cash budget and arrangement of the required funds, examination of all receipts and payments, preparation of credit policy, collecting debtors etc.

with the increase in the size of business, specialists were appointed for the finance function and the decentralisation of the finance function began. For a medium sized business, the responsibility of the finance function is given to a separate officer who is known as financial controller, finance manager, deputy chairman (finance), finance executive or treasurer.
http://www.govindam.org/

 In a large sized company the finance function has become more difficult and complex and the position of financial manager has become very important. He is the member of top management of an organisation. For such large organisations it is not possible for a finance manager to perform all the finance functions or to co-ordinate with the various departments. Therefore, finance and financial control are separated and allocated to two different sub-departments. For the ‘finance’ sub-department treasurer is appointed and for the ‘financial control’ sub department, financial controller is appointed. Each of them have various sub-units under them.

 Financial planning and financial control are quite significant for a large sized organisation. Therefore, a finance committee is established between the Board of Directors and Managing Director. It includes the financial Manger, representatives of the directors and departmental heads of various departments. Managing Director is the chairman of the committee. Its main function is to advise the Board of Directors on financial planning and financial control and co-ordinate the activities of various departments.
http://www.govindam.org/

Govindam Business Schooloffers you an unparallel opportunity to study at advance level, to work with in a challenging, stimulating and rewarding environment, to develop skills and competencies which will last throughout life, and most importantly, it will empower you intellectually to face the ever-evolving management world. http://www.govindam.org/

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Finance

Education Finance and Economics

Education is a very essential aspect and should be provided to all students in a country equally. In this respect governments should take initiatives of financing education in order to allow students from poor background to be able to access education. For instance, in the United States of America education is primarily under the responsibility of state and local government. This topic is of great importance as it analyzes the historical and theoretical foundations of funding education. Evaluation of sources of revenues and their influence on educational results is also addressed in this study. This study sheds light to educational institutions, local, and state government in matters relating to education in a global perspective. More light is shed on the determination of capital and general expenditures of educational institutions and an analysis of the role of ethics in the process of making the financial decisions for educational institutions. Additionally, this study will address in a global perspective how government and educational institutions make budget and manage it in order to help in adequately financing education. Finances for supporting education come from different avenues which include grants and other financial aids from different sources. In this case, this study will address these sources and indicate how they impact the aspect of education. In the current world and economy, expenditures of parents towards their children is reported to increase drastically as a result of the increasing cost of education. This study therefore addresses this aspect and indicates what has contributed to this increased costs and what should be done to avoid compromising quality education.

Because of economic conditions of different countries all over the world, it has become very difficult for parents and students to finance their children’s or their education respectively. This calls for economic policies that are implemented by governments in ensuring that all citizens are equally provided with education. Economic policies ensure that there is a portion of the governments spending on public that is allocated for education financing. This study will address the economic policies concerning education all over the world and how they impact educational financing.

Historical perspective of financing education

A number of changes have occurred in the education systems of many countries in the whole world, as indicated by Alan Haskvitz, particularly in matters relating to financing education (58). Most striking aspect has been the sharp drop in the public share of funding higher education and the recent interest in financing based on institutional performance. This has resulted in educational institutions particularly higher education to raise their tuition fees, cut costs by outsourcing services to external providers, and aggressively seek private finances. This has impacted the way these educational institutions provide equality of opportunities when enrolling. Despite the fact that the state government funds education in many countries of the world, there are some people who study in private schools and hence they provide their own funding. This shows that the rationale of state funding is to equalize the whole process in the pursuit of making sure that students from all social classes are in a position to assess education (Allan et al 538).

Back in the year 1789, Thomas Jefferson was for the idea of free public education that was deemed imperative for the new democracy to grow and thrive. Despite the fact that Jefferson pushed very hard for free public education, he never witnessed government- funded public education during his time. According to Alyson (17), there is need for government budgeting for public education in order to bring about equality in school enrolment. This is because some educational institutions particularly the higher education discriminate upon the poor students as they are unable to pay for their tuition fees adequately (Arnove & Torres 384).

In general terms, education systems have undergone a number of changes right from the roles played by tutors, students, parents, governments, educational institutions, and other sources of educational finance. These changes have occurred through a long period of time and what can be seen in the present is totally different from what was there in the past. As indicated by Azad and Chandra, in the past education was heavily financed by parents and students and no one could have thought that education would be financed by other financial aids (33). During this period of time, the cost of education was relatively low and hence many people were able to afford it. In the current world and economic conditions, educational financing has become very difficult bearing in mind that many people are enrolled in educational institutions and hence there is a need of increasing the number of tutors. It should be noted that, as put forward by Bayefsky and Waldman (523), the advancement in technology that is experienced in the current world has attracted many people to join educational institutions in order to further education and other to start education. In the United States of America for instance, more than 75% of the total population are educated meaning that this country has developed heavily in terms of education (Brossard & Borel 23). In most of the developed countries like Australia, Japan, United Kingdom, France, and Germany among others; people are increasingly acquiring education and hence there are a lot of students in public and private educational institutions hence calling for increased number of tutors.

According to Boadway and Shah, in the traditional days most people were not educated and hence the government was able to pay for the few people’s educational expenditures in most countries (41). This implies that the cost of education in the traditional days was not high. In the current world, a lot of people are acquiring education through public, private, and e-learning means and hence there is need for technological advancement and other facilities to aid education hence making the cost f education to be very high. As a result of this many governments are usually not able to afford to finance education for their citizens and hence parents and students are supposed to finance their education. Taking an example of financing education in Canada, it is clearly indicated that universities in this country finance education through sale of goods and services, investments, and fund raising (Cancian & Danziger 320). This is one of the ways that was used in funding education in most of the American countries. Traditionally, many governments had absolute role of financing education and hence many people were able to attain even higher education through the financial aids that were provided by governments. In the current world, as revealed by Brux (107), a good number of bright students in developing and less developed countries are unable to join higher education because of lack of financial assistance fro governments. This has resulted to low levels of education in these countries (Checchi 260).

There is an attempt to finance education for students according to their performances in many different schools. This aspect has been heavily criticized by many people especially the proponents of equality in educational financing (Chriatopher & Robert 189). It should be noted that even in the traditional days, education was provided by private and public educational institutions and hence parents used to take their children to any of the two aspects depending on their levels of wealth. According to Cohen et al (13), education was traditionally financed by local governments where localities used to handle all financing for the schools in their communities. The source of revenue was from property tax. In this respect, schools relied on the properties owned by each community. This method of education funding had shortcomings in that students transferring from one school to another particularly within different communities were considered as out of place (Cordes et al 100). This is because community properties were only used in funding education of students who come from that community. In this respect, students were indirectly forced to study in schools within their community if at all their education was to be financed by community properties (Craford 32).

 

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Finance

Functions of Business Finance

Strength and soundness of business depends on the availability of finance and competency with which it is used. The abundance of finance can do wonders and its scarcity can ruin even a well established business. Finance increases the strength and viability of business. It increases the resistance capacity of a business to face losses and economic depression. It is just like a lubricant, the more it is applied to the business, the quickly the business will move. Following headings explain the importance of finance to business:

 

(1) Initiating Business: Finance is the first and fore most requirement of every business. It is the starting point of every business, industrial project etc. Whether you start a sole proprietary concern, a partnership firm, a company or a charity institution, you need ample amount of finance. It is equally important for profit seeking and non-profit activities. It is equally important for a multinational organization and for a free dispensary.

 

(2) Purchase of Assets: Finance is needed to purchase all sorts of assets. Even if credit is available some down payment is to be made. Mostly finance is needed at the start of business for the purchase of fixed assets. These fixed assets consume a large amount of initial investment of the entrepreneur, so he may face liquidity difficulty in running day to day affairs of the business.

 

(3) Initial Losses: No business attains high profit on the first day of commencement.

Some losses are normal before the business reaches its full capacity and generate enough revenue to match cost. Finance is necessary so that these initial losses can be sustained and business can be allowed to progress gradually.

 

(4) Professional Services: Certain business need services of specialized personnel. Such personnel have rich experience in specialized fields and they can provide useful guidance to make business profitable. Nevertheless these services are costly. Finance is always needed so that services of such professional consultants can be hired.

 

(5) Development: Business is always exposed to change. New innovations and emergence of new technologies replaces old techniques out of market. So in order to remain in the market, it is needed to keep the business well equipped with all emerging tools and techniques. This required finance. New technology is always expensive as it is better than others. So finance is needed to purchase new equipment and keep the business running.

 

(6) Information Technology: Information technology has now changed the geography of the business battle field. The home markets have now extended virtually to other comers of the world. The whole world can be your customer or competitor. To face such a fierce competition, IT is needed. Skills and competency in IT can perform miracles. But finance is again the decisive factor. It is very much needed to incorporate expensive IT products in the business.

 

(7) Media War: The advertisement and promotion have now become a vital elements for the success of business. The way a businessman approaches a customer and convinces him to purchase his product has become more important than the quality of product. With advertisement on International media, a businessman can reach the minds of millions of people around the globe. However, advertisement is a luxury which every business can’t afford. Huge finance is required to meet advertisement expenses.

 

(8) Resource Management: Finance is very essential for efficient resource management. Resources here include capital and human resources. Maintenance of plant and equipment and training of employees all need finance. Establishment of new industrial units, expansion of plant capacity, hiring of well learned skilful laborers – all

these factors can lead to huge revenue but at the first place they need finance to start with.

 

(9) Stock Investments: These investments are those which are made to hold ample stock of raw materials in hand. Bulk purchase of raw materials is profitable in a sense that purchase discount can be attained and there is no danger of production halts. So companies most often hold huge amount of stocks and raw materials. But such an investment can be made only if a company has sufficient capital or finance to carry out its daily operation easily besides holding huge stock.

 

(10) Combating Risks: Everything is exposed to one or more risks. A business is also exposed to variety of risks. These risks include natural hazards, burden of any huge liability, loss of market or brand name etc. Finance is needed to make business powerful, so that it can sustain occasional losses and liabilities.

Arfan Ul Haq is an Asian author. He writes articles about principles of micro economics and managerial economics.

Finance

Affordable Islamic Finance Dubai

Islamic finance has emerged as a viable alternative the world over after the financial meltdown of the west. It is growing at the rate of more than 15%. Not only Muslim countries but modern, secular and industrialized countries like UK, France, Japan, Singapore and Hong Kong have become a hub of Islamic finance and banking as well.  The rapid development and growth of such finance is considered a priority area by international banks of world stature.

Dubai is seen by many industry watchers as the leading center of Islamic finance today. It has more sukuk listed than anywhere else, with $ 16 billion worth, and international investors are flocking to the emirate’s latest sukuk issuances and initial public offerings, thus making Islamic Finance Dubai, a viable option.

Essentially, Islamic finance is finance under Islamic law (or Shari’ah) principles. The basic sources of Shari’ah are the Qur’an and the Sunna, which are followed by the consensus of the jurists and interpreters of Islamic law.

Islamic Finance Dubai, like other countries in the Middle East, practices banking in consonance with the main principles underlying Islamic finance.  These include the prohibition of taking or receiving interest; capital must have a social and ethical purpose beyond pure, unfettered return; investments in businesses dealing with alcohol, gambling, drugs or anything else that the Shari’ah considers unlawful are deemed undesirable and prohibited; a prohibition on transactions involving masir (speculation or gambling); and a prohibition on gharar, or uncertainty about the subject-matter and terms of contracts – this includes a prohibition on selling something that one does not own.

In addition, Islamic finance can be combined with conventional funding sources and export credit agency (ECA) support, for the closure of innovative transactions, in Dubai and other Middle Eastern countries. In the world of commercial banking, the more commonly encountered methods of Islamic financing include Murabaha (cost-plus financing),Mudaraba (profit-sharing),Musharaka (partner- ship financing), Ijara (leasing), Istisna’a (commissioned Manufacture)

Islamic loans are as plentiful as they are life and comfort-enhancing! The Shari’a compliant repayment plan termed the Al Khairi Liabilities Settlement, seeks to ease your financial burden and begin afresh by transferring your conventional bank liabilities to the loaning agency; you can avail Hajj and Umrah Finance on a no profit and no processing fees basis; an amazing no mortgage, zero down payment option gets you  an AED 200,000 Boat Loan to be repaid in 5 years, Tamweel Finance for wedding expenses and renting an apartment, Travel Finance for religious or enjoyable family vacations, Islamic loans also include exciting Car, Personal and extremely comprehensive Education, Home and Shares Finance, to loan you happiness permanently!

Find and compare Islamic finance Dubai at souqalmal.com

Finance

Electronical finance managing

Nowadays the financial management and bookkeeping (in Finnish = kirjanpito)can be handled in electronic systems, which are designed to automatize most of the monetary traffic and this way to ease up the bookkeeping of the company. Aside from making the administration easier, it also frees the resources of the company into the core business. Electronic financial management can as well be a tool for the management when estimating the company´s performance and for example efficiency of the sales or profitability of the products. Electronic management will give day-to-day figures and helps this way also to foresee the future trends.

Automatized bookkeeping and electronic invoice are the main benefits when moving into the electronic finance management. These will decrease the routine tasks of bookkeeping. Also the tax declarations, salary payment, posting the payments and all the bank traffic can be incorporated into the electronic systems. E-bills are handy and economically efficient, and most of the customers are nowadays able to receive their bills in electronic form via different kind of e-billing systems or simply straight into the online bank account. The most of the bigger companies have migrated their accountancy into the electronic form and require also from their subcontractors the same.

The best way to arrange the electronic finance management is to buy all the services from the same place and from the same service provider, otherwise the benefits from the moving into the more efficient system can be lost in the incompatibility of the different systems and softwares.

Cloud services are the latest trend in the company software development, and financial management is not exception. Most of the accounting companies offer cloud services these days, which makes the work of the company even more easer, since all the software updates, maintenance activities and license handling is removed from the customer to be the responsibility of the service provider.

Interested to know more about accounting company (in Finnish:kirjanpito)?