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Friday, May 11, 2012

Kafalah, Ar-Rhan, and Wakalah

  By: Gusti pares  Economy and Business Faculty  Sriwijaya University  A. Kafalah Kafalah is a variation of the contract of attorney forms, is said to variation due to a contract attorney, contract kafalah conditional (conditional contingency). In this case to do something on behalf of another person or power of attorney, if the conditions are fulfilled or if something happens. Examples include, a teacher told his assistant: "You are my assistants. Your job in my place when I was unable to teach. " In...

Saturday, May 5, 2012

Managing the global economy through turbulent times

Oleh : Gusti Pares Faculty of Economics and Business Sriwijaya University Accounting 2011 ABSTRAK:“Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is past the ocean is flat again1.”The unexpected scale of the turbulence in international financial markets and its impact on real economies has become a global crisis, as the risk of contagion to emerging markets increases.The Leaders of the G20 advanced and emerging nations met in November 2008 in Washington...