Sunday, April 27

Why Interest Rates Are Procyclical.

Using the supply and demand for bonds framework, show why interest rates are procyclical (rising when the company is expanding and falling during recessions).

Source: Google Images

Thursday, April 17

Dormitories. Yay Or Nay?

Should first-year students be required to live in the dormitories?

Dormitories are living facilities designed to accommodate students during their studying years at their respected school, college or university. However, not all students are keen to stay in the provided housing due to the many rules and regulations that they should abide during their stay there. In my opinion, first-year university students should be required to live in dormitories in order for them to get used to the new environment and to learn to stand on their own feet.

Source: Google Images

Wednesday, April 9

Financial Management In Business Perspective.

A prominent feature of large corporations is that the owners (the stakeholders) are usually not directly involved in making business decisions, particularly on a day-to-day basis. Instead, the corporation employs managers to symbolize the owners’ interests and make decisions on their behalf. The financial manager, in a large corporation, must be concerned with the solutions of the three major decisions a firm must make - the investment decision, the financing decision and the working capital management decision.

Source: Google Images
The first decision concerns the firm’s long-term investments. The process of planning and managing the firm’s long-term investments is called capital budgeting. In capital budgeting, the financial manager will try to indentify investment opportunities that are worth more to the firm than their cost to acquire. Loosely speaking, this means that the value of the cash flow generated by an asset should exceed the cost of the asset acquired by the firm.

Monday, March 17

Islamic Capital Market Graduate Training Scheme (ICMGTS).

Alhamdulillah. Done with BBA. All that's left now is the walk across the big stage in the cap and gown for a scroll. Time flies. 3.5 years? I've made mistakes. But I've learned many good lessons from it. Regrets? I have a few. But I dont wanna dwell on the past as I cant change it. My CGPA? I dont wanna let numbers define me. I can't give a score to the many valuable lessons I've learned, can I? A piece of advice: "You have brains in your head. You have feet in your shoes. You can steer yourself in any direction you choose. You're on your own. And you know what you know. You are the guy who'll decide where to go," Dr. Suess. In short, #UIABest.

Tuesday, March 11

Takaful vs. Insurance.

The article, Conceptual and Operational Differences between General Takaful and Conventional Insurance by Mher Mushtaq Hussain and Ahmad Tisman Pasha, argues that there is a need to ensure the differences between the insurance business under the Islamic system and conventional system. The issues in the article, in my opinion, are structured in a comprehensible and effective manner. It first presents the idea of the need for insurance by describing risk, explaining the fundamental concept of an insurance agreement, and how engaging in an insurance contract results in minimizing the risk involved. Subsequently, the author gives a rather deep facts on Islamic insurance (Takaful) by defining and listing out its various models. The article is then followed by the many differences in the conceptual and operation framework between Takaful and conventional insurance mainly due to elements found in insurance contracts which are prohibited in Islamic transactions, such as uncertainty (gharar), interest (riba), and gambling (maysir).

Source: Google Images

Thursday, March 6

Technology Deteriorates Society Basic Skills.

It is undeniable that the technology has made our life so much easier nowadays as the usage of it is widespread and growing rapidly from time to time. Laptops, smartphones, IPod's, and others has become an essential gadget for daily lives of every human being. Youths today spend too much time on these gadgets, surfing the Internet and text messaging for hours. In my opinion, technology is actually deteriorating the society basic skills as people tend to isolate others around them and real life interaction slowly fades away.

The day that Albert Einstein feared may have finally arrived.
Source: Google Images

Tuesday, March 4

Islamic Microfinance.

The article titled “Islamic Microfinance: An Ethical Alternative to Poverty Alleviation”, written by Abdul Rahim Abdul Rahman, sets out to show the potential of Islamic financing schemes for micro-financing purposes. According to the author, Islamic finance plays an important role in contributing for furthering socioeconomic development of the poor and small (micro) entrepreneurs without charging interest (riba’). The various ethical schemes and instruments that can be adapted for the purpose of microfinance which is offered by the Islamic finance are intensely conversed in this article. The author argues that the main objectives of microfinance schemes to alleviate poverty and to enable the poor to empower themselves are inline with the four Islamic ethical principles and the economic principles of justice.

Source: Google Images

Sunday, February 23


What is humanitarian? Humanitarian is, on the whole, an act connected with or seeking to promote human welfare. Basically, an individual who is devoted to the promotion of human wellbeing and the advancement of social improvements is deemed as humanitarian. There are a lot of other terms used as an alternative for humanitarian such as caring, kind, gentle, compassionate, civilized and charitable. Fundamentally, humanitarian is connected with the practice of saving lives, lessening suffering, and sustaining human dignity.

Source: Google Images

Friday, February 21

My Love From The Star.

I must admit that I have an obsession for series (serial, program, show, drama). Perhaps obsession isn't the right word. But, I watch anything and everything. Whether it's The Master's Sun, The Greatest Love, Running Man (Korean); Bloody Monday, Hana Kimi, Liar Game (Japanese); Down With Love, Hanazakari No Kimitachi E, Meteor Garden (Taiwanese); Once Upon A Time, Extreme Couponing, CSI (English). Just to name a few.

Running Man Episode 185
Source: Google Images

Tuesday, February 18

A Thousand Over Days.

The total number of days between Monday, May 22nd, 2011 and Tuesday, February 18th 2014 is 1,003 days. This is equal to exactly 2 years, 8 months, and 27 days. It has been an incredibly long time since my last post on SakiraLicious. Tsk.

Time flies. Kan?
Source: Google Images