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economypedia - Economypedia
Kafalah is a guarantee or suretyship agreement that serves as assurance regarding obligations or performance. In other words, kafalah is useful to stop any unfavorable alteration that can result in ambiguous or unforeseen outcomes with regard to the purpose or foundation of a transaction.
In order to safeguard the import of products, guarantees are frequently employed. In this situation, a bank will offer a guarantee once the exporter releases the third party from responsibility for the items.
Both the exporter and the importer may be sure that they will receive their agreed-upon payments in the end—the price for the exporter and the goods for the importer, respectively.
Kafil is the party that guarantees an initial party’s performance under a commutative contract or agrees to stand surety is the party that enters into a contract of kafalah (also spelled kifalah). To put it another way, a kafil is someone who combines his obligation to the principal’s (makful or makful anhu) culpability in claims involving debts, bodily harm, or material possessions.
kafeel is the party that guarantees an initial party’s performance under a commutative contract or agrees to stand surety is the party that enters into a contract of kafalah (also spelled kifalah). To put it another way, a kafil is someone who combines his obligation to the principal’s (makful or makful anhu) culpability in claims involving debts, bodily harm, or material possessions.
White Hat Hackers are a highly skilled expert who uses hacking knowledge and skills to find security holes in networks, software, and hardware. In contrast to black hat hackers, white hat hackers often benefit society and observe and comply to appropriate norms and systems in their work, notably for improving cybersecurity (or hostile hackers). White hat hackers search for vulnerabilities or workarounds to exploit a system or network as only applicable laws allowed.
These qualified IT specialists with prior experience in internal cyberdefense teams make up this group of good-natured hackers (known as blue teams). While many white hat hackers began as black hats, many of them later switched sides. While more hackers have tended to focus their efforts on assisting corporations and government bodies safeguard their information and systems more effectively, the number of self-taught ex-black-hat hackers has grown recently.
Other groups of hackers, such as black hat hackers and grey hat hackers, who have different motivations than white hat hackers, also exist.
The phrase “white hat” comes from old-time Western films where heroes typically wear white hats and bad guys typically wear black hats.
kifalah a guarantee or suretyship agreement that serves as assurance regarding obligations or performance.
In other words, kifalah is useful to stop any unfavorable alteration that can result in ambiguous or unforeseen outcomes with regard to the purpose or foundation of a transaction.
In order to safeguard the import of products, guarantees are frequently employed. In this situation, a bank will offer a guarantee once the exporter releases the third party from responsibility for the items. Both the exporter and the importer may be sure that they will receive their agreed-upon payments in the end—the price for the exporter and the goods for the importer, respectively.
Cold Calling is refer to a financial promotional effort by which a bank contact prospect (prospective or potential customers) who hasn’t shown any interest in becoming a customer and might not be aware of the bank products and services.
Cold calling is one of the oldest marketing. The bank use this call to market and introduce their products and services.
Warm Calling in banking refer to the financial promotional effort that the bank can be more direct with a prospects (prospective or potential customers), who have already shown or expressed their approval to be contacted by the bank whether by filling out a postcard, website request for information or through email camping.
The bank use this call to schedule meetings with potential customers or discuss matters over the phone.
Ballon Interest refer to a higher interest that is paid on the longer maturity bonds of a serial bond issue. In other words, a balloon interest refers to paying a higher coupon rate on financial instruments gradually mature at regular intervals until the whole issue matures.
The coupon rate of such bonds is inflated because it is gradually rises over the life of the bond issue, and hence the term balloon.
The Advantage of the balloon interest
Balloon interest allow bondholdersto hold onto debtlonger by reduce that fixed payment amount in exchange for making a larger payment at the end of the loan’s term.
Personal finance defined as the concept of managing the individual and families financial activities. It can be summarize in how to plan ,generate, spend, save, protect, and invest your financial resources.
Money touches every aspect of life, and if a person doesn’t know how to manage it, then it can lead to a lifetime of headaches and stress,
Myanmar’s military government has announced that they are bought Russian fuel oil that will arrive in phases from September, according the Reuters and Bloomberg.
We aim to buy high-quality fuel oil at a cheap price from the country where we can get it quickly
Myanmar military spokesman Jaw Min Tun said on Wednesday
Russia has been hit with sweeping sanctions from the West since it invaded Ukraine in February. Europe — Russia’s largest customer — has been starting to buy less from the country. To mitigate the impact from lower energy sales to Europe, President Vladimir Putin has been hawking Russia’s energy exports to other markets, including Asia. In April, Russia said it was ready to sell oil to “friendly countries” in “any price range.”
Myanmar southeast asian country has been ruled by the military since its civilian government was overthrown in a coup in February 2021. Since then, the junta has been hit by US and European Union sanctions. More than a year after the coup, civil protests continue to rock the country.
Russian fuel oil exports to Myanmar are expected to begin in September, Reuters reported, citing local media.
Russia and Myanmar have been forging closer ties. Earlier this month, Russian foreign minister Sergey Lavrov was in Myanmar on an official visit. Russia is also a major arms supplier to Myanmar.
