Pre - School Environment Essay Example | Topics and Well Written Essays - 2000 words

Pre - School Environment - Essay Example This essay stresses that staff should be trained in detecting and reporting Child Abuse. A senior staff member should be designated to ensure the protection of children. They should be able to guide them through the procedures of Child Abuse when the need arises. There should be a child protection policy which includes procedures to be followed in case a teacher or any other staff members are accused of either harming or abusing a child. Lessons covering PSHE – Personal, Social, Health and Education can be taught or spoken about. This paper makes a conclusion that a teacher who is enthusiastic to develop her own practice should equip her classroom with good amenities like display boards, notice boards, colorful charts and pictures and to make it stimulating and interesting she should change them from time to time. She could also make use of Sure Start – Supplementary Resources- It consists of various play activities for kids that could be utilized by child care professionals as well as parents which would help to kindle his curiosity and help the child to develop critical thinking and problem solving skills. Such tools used by the teacher helps to develop a child’s curiosity and imagination. The Pre – School is a sort of Haven for infants where they are nurtured, taught and groomed to face situations in their environment. They are given an all round development keeping in mind the uniqueness and individuality of each child. They are loved and cared for so well that they come to think of i t as a â€Å"home away from home†.

Use of ijarah sukuk by Islamic banks Essay Example | Topics and Well Written Essays - 3000 words

Use of ijarah sukuk by Islamic banks - Essay Example The intention of this study is Ijarah Sukuk as a type of sukuk based on leased assets, involves securities of the same value of every issue, and stands for long lasting physical assets. These assets are attached to an ijarah contract that is based on Shari’a. On that note, there are several reasons why Ijarah Sukuk is considered a contentious financial instrument. For example, Ijarah Sukuk permits corporate customers access to other methods of Islamic refinancing. In addition it grants Islamic organizations a way of handling their liquidity. In contrast, lack of global standards on the acceptable commodities facilitates the establishment of an appropriate global interbanking market. Furthermore, there is always the problem of over taxation because Ijarah Sukuk holders possess assets that they fund such as capital gains tax, value added tax and double stamp duty land tax. This affects its growth as the minimum revenue accrued is diminished during over taxation. Similarly, Ijara h sukuk is viewed as a contentious financial instrument because it only offers securitization. Ijarah sukuk and not any other lease bond securitize this means that the revenue produced. There is also the issue of principal-agent challenges. This entails lack of financial capability by Islamic banks to manage its principal-agent challenges. Therefore, this affects long-term funding due to insufficient credit in the market. In this case, a bank may decide to use readily accessible conventional lease bonds because ijarah sukuk is not applicable for long financial projects (Ayub, 2009, p.65). Alternatively, there is the unavailability of ijarah sukuk investments in the market especially to low-earning businesspersons. It is only available to wealthy men hence it widens the space between the rich and poor. On that note, we can say that ijarah sukuk needs organizations with many assets and these assets must not be impeded by other factors. Furthermore, deals involving ijarah sukuk are oft en deficient of legal infrastructure within upcoming markets especially in relation to trusts or property. On the other perspective, less designed variants of sukuk gets disheartened by the economic likeness of ijarah sukuk and fixed-income goods of conventional lease bonds because of the ideologies of profits and loss sharing. There is also the investment law that governs ijarah sukuk whereby limitations of foreign ownership transfer taxes with large ownership may deter the genuine sales of an asset. Another contention with ijarah sukuk is its complex structure when granted in a non-Islamic nation may result to attempts to counter the problem of designing a tax proficient structure that complies with Shari’a (Lewis & Hassan 2007, p.54). Additionally, ijarah sukuk as a financial tool requires care in terms of bank considerations. This is because of the tendency of sukuk transaction to establish a shared interest of beneficial possession for the sukuk proprietor. 2. Difference s and similarities between Ijarah Sukuk and the conventional lease bond There are various similarities and disparity between Ijarah Sukuk and the conventional lease bond. In our case, we will begin with the differences. For instance, the role of sukuk in the Islamic finance perspective is sharing. Therefore, those