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Banking

Modern Blood Bank Equipment

Blood bank equipment as the name suggests is the apparatus used in blood banks and hospitals. It is a kind of medical or laboratory equipment. Blood is a very important element of our life. Blood banks perform the significant job of storing this vital crimson colored body fluid for various groups, so as to provide it to the patient when the need arises. This vital body fluid can save the life of a person; this can give a new life to the one in need. The blood bank equipment is used by various blood banks, hospitals, research centers, and clinical laboratories all over the world for the collection and processing of blood, especially the human blood. These pieces of equipment are indispensable for the functioning of the aforementioned organizations.

All types of blood bank equipment come under four prime categories viz. collection, storage, testing, and blood bank accessories. The list of the modern blood bank paraphernalia is very long, and they are being very widely used these days. Since it is not feasible to explain each and every type of blood bank apparatus in detail, some of the prominent types of such apparatus are mentioned under:

1) Tube Sealer: It is a compact equipment meant for sealing the blood bag pilot tube by employing the ratio frequency sealing system. This apparatus can seal with an average speed of one tube per 1.5 seconds. The tubes so sealed can be easily separated by pulling the sealing joints by both the sides.

2) Collection Monitor: It is a sophisticated piece of apparatus used for the purpose of monitoring the blood donation process. Also called the blood collection mixer, this apparatus makes sure that the quantity of this claret fluid taken from the body of the donor is not more than the prescribed quantity. It also acts as an anticoagulant agent to prevent blood clotting. No doubt, this apparatus is a must for any hospital or blood donation camp.

3) Blood Bank Refrigerators: This is a kind of specialized refrigerating device used for the purpose of storing the vital body fluid named blood. This apparatus is widely used in hospitals, clinics, blood banks, etc. It is also used for storing certain vaccines and biological products which require very cool ambient. This is a very high quality laboratory equipment, properly insulated from all sides in order to sustain the cold temperature inside.

4) Plasma Expressor: This electromechanical device is meant for separating the plasma from the crimson colored body fluid. The conventional separator requires the use of monitor in performing the job that a contemporary plasma expressor equipped with an optical sensor, can perform in a much easy and efficient manner.

5) Donor Chair: This chair comes under the category of blood bank accessories. This is a special type of chair on which the person donating the blood can almost lie down and be comfortable. This chair provides the correct posture to the donor, required for the proper flow of this vital fluid from his body. The seat and back covers of this chair are generally made of materials like leather and vinyl.

Besides the above-mentioned blood bank equipment, there are numerous other apparatus as well. For acquiring further information about various types of blood bank products, you may visit Laboratory Equipment World.

Article Source: http://ezineseeker.com/?expert=Umesh_Gope

Banking

Islamic Banking in Modern Times

Islam is a religion which encompasses the entire life its adherents. The source of all laws regulating the Islamic way of life flows from the Quran and Shariah. That includes the business and commercial aspects of the Islamic community. In fact, Mecca and Medina, the two most sacred places of Islam had always been flourishing centers of trade. The banking as we know it today d id not exist then. It is a western institution which came into being after the industrial revolution in Europe. Certain elements of modern banking did exist at time when Islam was revolutionizing the Arab region. Interest is central element of modern banking which is prohibited in Islam. It is known as Riba(interest) the acceptance and payment of which is considered un-Islamic. These principles did well as the economy at the time was prosperous.

The Islamic banking grew out of the need of the Muslims to evolve a  system of finance which while fulfilling all the needs of the business and people yet remains within the principles of Shariah. It came into being during the late 20th century. During last three decades, a large number of Islamic banks have come in all parts of the world catering to the financing needs of the Muslims. Though the name is a bit of misnomer as the Islamic banking is not exclusively for Muslims. It is same as conventional banking  but functions in accordance with the injunctions of the Shariah and Quran.

During the colonial times, the Muslims came in contact with the western banking institutions. The Muslims faced a banking system which was value-neutral. They had a choice to accept this or evolve a Shariah-compliant banking  institution. There was debate going on in 19th century amongst the scholars of Islam whether interest(Riba) referred to loans for consumption or those undertaken for commercial purposes. Such proposals were rejected as the does not distinguish between different kinds of loans.

In the sixties, the Islamic Economists started working on devising ways of establishing commercial banking compliant with Shariah principles. Such an experiment was successful in rural Egypt which functioned on zero-interest policy operating three types of accounts,i.e.,saving accounts, Zakat accounts and investment accounts. the project was later terminated but had shown Islamic banking can become reality.

The oil boom and oil price rationalization during seventies gave further fillip to the establishment of modern Islamic banking. Islamic banking is based on the principle of Mudarabah(Islamic Way, Profit-Loss-Sharing). It also stipulates another rule no reward without risk-bearing. Mudarabahah can be best illustrated by the example of two persons one of whom has got the capital and the other has the managerial and entrepreneurial skills. They join hands pooling their respective resources and agreeing to share profit and bear loss in accordance with the contract they signed before starting the enterprise. So the depositors take a percentage of profit the bank generates from their capital whereas the entrepreneurs shares the profits generated from the capital of the bank.

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