Tuesday, February 18, 2020

Two Questions of international banks Essay Example | Topics and Well Written Essays - 500 words

Two Questions of international banks - Essay Example When it is time to pay back the load, the Venezuelan company may not be able to repay in dollars because of exchange controls imposed by the government of Venezuela. Thus, the borrower could not fulfill the demand of contract because of transfer risk (Smith 112). The government policies do not allow the transfer of currency of the opponent country. The local currency is not allowed to be converted into forex so that it may be sent out of the host country. Likewise, forex can not be acquired from the outside. The tangible assets of banks are susceptible to confiscation by the local agencies. The contract between the investor and the government bodies is likely to experience a breach. Other risks are of significantly minute nature that include but are not limited to financial crisis in the host country, local people’s boycott of the bank on the grounds of religion, and delays in currency exchange and transfer because of external influences. Conclusion: International banks suffer a lot because of political risks. Political upsets are both a cause and effect of distorted international banking system. Growth of international banking and role of supply and demand conditions: Introduction: Value of a particular stock upsurges as its demand increases.

Tuesday, February 4, 2020

Programs & Activities of MCA(Muslim Community Association) Bay Area Essay

Programs & Activities of MCA(Muslim Community Association) Bay Area - Essay Example MCA provides the local community with a variety of services. Most importantly especially in San Francisco, MCA provides prayer opportunity five times a day. Besides, MCA offers educational programs for both adults and young children. The organization offers a school to the children of the Muslim communities in the bay area so that they can learn modern education in an Islamic environment. At present the association has three schools namely Granada Islamic School (K-8), Weekend (Sunday ) Islamic School and Al Arqam School. MCA also provides financial assistance to the needy people (about). There are many other activities and programs that MCA undertake. MCA offers free access to the knowledge of Islam not only through its website but also through different activities like Dawah, youth discussions, counseling, and other programs, for example visiting scholars. It provides information about the basic teachings of Islam needed by every Muslim to practice in all the spheres of life. MCA also tries to outreach the public in general as well as Muslims to inform them about Islam. It tries to dispel any misconceptions about Islam. It also organizes discussions and encourages community involvement for better understanding of Islam and developing close relationships. The major emphasis, however, the association lays is on the conduct and behavior of Muslims to attract the non-Muslims towards Islam towards serving the society (Islamic Services) . MCA provides various services to the students. The association offers different resources to help them in writing a college paper or a report on Islam. Furthermore, the association conducts interviews to point students to the right direction. A library is also available for use having a reasonably good number of books. Beside this, presentations are arranged for improving the knowledge of the people in the community about Islam. These presentations also offer opportunity to the audience to ask any