The main differences between conventional bank and Islamic bank Essay

The main differences between conventional bank and Islamic bank - Essay Example Even this is unchanged in the asset category. All assets including fixed assets and other assets are summed accordingly after that. The total assets are written below. Doha Bank had an additional investment in an associate company which Qatar Islamic Bank did not have. In the liabilities section, again there are a lot of similarities. Net liabilities at the end of 2010 for Doha Bank stand at 39, 319, 885 Qattari Riyals while those of Qatar Islamic Bank stand at 20, 979, 710 Qatari Riyals. Qatar bank had liabilities due from Sukook financing activities which are nowhere to be seen in the Doha Bank balance sheet statement. Total shareholder’s equity of Qatar Islamic Bank stood at 9,124, 004 while that of Doha Bank stood at 6,043, 493 (All amount in Qatarri Riyals) . There is hedge reserve in Doha Bank while Qatar Bank did not have any hedge reserve. Income statement: Net income for Qatar Islamic Bank as of year ending December 2010 is specified as 1,833,139 while that of Doha Ba nk is 1,054,245 (all figures stated in QR). The way in which income is calculated is very different for both banks. In Doha Bank net operating income is calculated as the sum of net income from insurance activities, net Islamic financing and investing income, net fees and net commission income. In Qatar Islamic bank the above categories are not used.

Keynesian Theory Coursework Example | Topics and Well Written Essays - 250 words

Keynesian Theory - Coursework Example sterity leads to austerity!" argued that there is no need to apply austerity measures because â€Å"We have no logical need for layoffs, pay cuts, and forced days off†. In addition this measure is also counterproductive because it only increases idle capacity. The demand needed to produce in full capacity can be filled by foreign countries through exports. The video on the other hand implied that giving in to the demands of IMF of cutting jobs and expenditures will not be good to Greece. The analogy of honey badger was used to illustrate the â€Å"nobody care† attitude of investors towards Greece and that the world economy can get over it if Greece will eventually default to its loans by agreeing to European authorities. In general, the Keynesian economic policy is a better policy during recession because it pump prime and stimulate the economy for growth. In the case of Greece however, it is deemed not a good policy because it has been on the deficit (or been overspending for twenty years) that a change for austerity measure is needed to fix the economy and learn fiscal