Code Of Ethics And The Workplace - 1157 Words

There are countless rules that to restrain people have a better behavior wherever in personal life or the professional life. Because of those ethical rules, the society is getting organized. At the same time, people’s lives are so much safer and happier compares to the old time that with weak ethical rules. Rules must adhere to the society. â€Å"Ethics help us navigate the gray area between absolute right and morally wrong.† (Brandscaping) When people go to the bathroom, they need to wait in lines; when people go to take a bus, they need to line up and pay for it; when people go to buy food, they need to wait in lines; even when people shopping online, they need to follow instructions step by step. No matter in the reality or the internet, people need to observe rules. Rules help us to make right decisions when we get lost. They are everywhere that existing in all over the world and rules make the society better. Having a code of ethics leads to improved employee behavior, which is a huge part of culture for a standard company. Because employees are the people who create value for the company, in which way, they need to have honest and candid altitudes to the company. Having a code of ethic is a useful tool to manage an organization’s values, responsibilities, and ethical duties. Companies setting their core values and codes are never the same. Companies must put the code of conduct into the business so that employees know how it applies to them. The code is also a way forShow MoreRelatedCode Of Ethics And The Workplace2544 Words   |  11 PagesManagement is when someone controls or regulates entities including employees, customers and products. Good management requires identifying diversity in the workplace in order to have a healthy work environment. Bad management comes when the person does not care about their employees or acts on instinct rather than think decisions through a pr ocess. Proper management is necessary for growth of a business and helps organize things for time efficiency and gain positive outcomes. Management is essentialRead MoreThe Ethics And Code Of Workplace Practices1683 Words   |  7 Pagesgiving impression of adherence to and observation of environmentally sound principles (David and Santillo 2007) BACKGROUND Nikes company issues was transparent ,perceive and concise ,Nike came under severe criticism from media over the ethics and code of workplace practices ,this includes problems of child labors ,workmen ship unethical practices ,unsafe working conditions ,wage rate ,excessive overtime restrictions on organization and environmental impacts ,watching its reputation sullied by storiesRead MoreThe Moral Code: Ethics in the Workplace2027 Words   |  9 PagesThe Moral Code: Ethics in the Workplace Self expression is one of the countries founding principles as set forth in the Constitution of the United States. Amendment One of the Constitution states that Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances. (The Constitution, DecemberRead MoreEthic Situation in the Workplace: The ACAS 2009 Code of Practice 1804 Words   |  8 Pageswith the purpose of helping claimants avoid going to the ET , through promoting the settlements of disputes in a confidential, fast and cost-effective way. The ACAS 2009 Code of Practice 1 on DGP was designed to help employers, employees and their representatives deal with disciplinary and grievance situations in the workplace However should Elodie still decide to take her dispute to the ET she would need to be identified as a employee. The ERA defines an employee as being someone who hasRead MoreEthical Ethics Of An Ethical Corporation Is Not An Oxymoron1645 Words   |  7 Pagestowards ethics in today’s workplace is an important issue; recent headlines show consequences of unethical behavior on both companies and employees. Contained within the basic code of ethics in the workplace are words like, trustworthiness, respect, responsibility, fairness, (Chatov, 1980). Consider questions like, is it ethical to take office supplies from work for home use, or is it ethical to use company time for personal business? What is ethical behavior? The meaning of a code ethics in theRead MoreUnethical Behavior And Ethical Behavior1519 Words   |  7 Pagesand the behaviours that are permitted within it has is own code that can be translated through many professions. Unethical behaviours can destroy a workplace, from executives of companies embezzling money from the company for their own personal gain or an associate falsifying official documents in order to make a company seem more profitable, the break in morality can have a great impact on the corporation. By having a strict code of ethics implemented within the work environment, a company is moreRead MoreSocial Responsibility And Ethics Of An Organization Essay1265 Words   |  6 PagesSocial Responsibility and Ethics Social responsibility and ethics are a part of the rules and regulations that an organization must comply with in order to meet the moral standards. It is best to observe the standards of ethic and social responsibility in any type of management. An organization normally has policies already put in place that both the employee and proprietor has to follow. There is a procedure that is laid out from step one to the final step that will keep all involve safeRead MorePros And Cons Of Having A Professional Code Of Ethics1683 Words   |  7 PagesPros and Cons of Having a Professional Code of Ethics Introduction A professional code of ethics acts as a guide concerning ethical conduct in a given profession. However, over time, it has been termed as an impediment to intellectual and moral developments. This way or another, there are advantages as well as disadvantages that emanate from applying the professional code of ethics depending on the context of practices. For this reason, this paper discusses both sides: positive and negative effectsRead MoreA Brief Note On Ethics And Conduct And Behavior1089 Words   |  5 PagesEthics Research Report Student Name: Longfei Wang Student ID: 11529471 Executive Summary This report describe the two professional areas, they are Early Childhood and Public Relation (PR). In this two areas, this article illustrates the importance of three professional codes which are ethics, conduct and behavior. The report also reveal some ethical or unethical behaviors in the light of the two professional areas. Then the two professions will be compared in the codes ofRead MoreCareer Ethics : Professional Ethics1491 Words   |  6 PagesPROFESSIONAL ETHICS Professional ethics in aviation isn’t something that is thought about every day. Ethics affects all of us and the choices that we make. Ethics in our careers and even in our personal lives depends on you to make better choices by considering the rights and well-being of others you work with and live with that may be affected by our decisions. From time to time people do the wrong thing, it’s our human nature to commit a mistake. Some mistakes are unintentional but human error

Information Technology Report Singapore As A World Leader

The [Singaporean] government has frequently referred to Singapore s population as its only natural resource and described education in the vocabulary of resource development† (Lepoer, 1989). The Global Information Technology Report has Singapore as a world leader in the quality of their education as well as Internet access provided to their schools (Dutta, Geiger, Lanvin, 2015). Singapore has accomplished this by having meticulous outlines on what the public school system looks to accomplish as well as having an eye toward the future. While strict government laws and policies work to enhance the quality of education, they also limit many rights associated with freedoms of speech and expression. Quality of Education System Desired Outcomes of Education The Ministry of Education developed an outline for the purpose of public education. They termed it the Desired Outcomes of Education or DOE (Ministry of Education, 2015 April). This outline defines four attributes that every student should have upon graduation, they should be: â€Å"A confident person, a self-directed learner, an active contributor, and a concerned citizen† (MOE, 2015 April). If the key stages of the DOE are followed a student should graduate with a good sense of self-awareness, a sound moral compass, and the necessary skills and knowledge to take on the challenges of the future† (MOE, 2015 April). Compulsory Education Act The Compulsory Education Act was brought into law October 9th, 2000 (MOE, 2015 July). ItShow MoreRelatedThe Execution Of A New Strategy1377 Words   |  6 PagesJordan, an expansion synchronization team was set up in the governmental bureau that collected information from each of the government directorates within the kingdom s Education Ministry to oversee the implementation of diverse programs connected to the education transformation that included the ICT Plan that the government wished to develop (Ministry of Economics, 2008). In Singapore, the Educational Technology Division teamed up with divisions within the government s education ministry in such activitiesRead MoreSingapore Airlines, Case Study1498 Words   |  6 Pagesfor 30% (15% per test). A CASE STUDY OF SINGAPORE AIRLINES EXECUTIVE SUMMARY As a former British Colony that gained full independence in 1965, Singapore was essentially forced to make do with its limited resources. This developed into a national obsession with achieving excellence without compromise and has been responsible for its many successes. This attitude of control and determination was critical in the creation of the culture within Singapore Airlines (SIA). From the first unveilingRead MoreMobile Usage And Social Media1650 Words   |  7 PagesIn modern society, the relationship between globalization and social media and smartphones is involved with the daily life of people around the world. The use of mobile systems dramatically increased in the 20th century. (Mjos, 2012) This essay will explain the differences and similarities of mobile usages and use of social media between British society and that in my home, Thailand. There are various causes to employ electronic devices and social media, some of which were the same and some differentRead MoreWhat Is The Overview Of The Singapore Airlines Case Study900 Words   |  4 Pagesoverview of the Singapore Airlines case study demonstrates that airlines is identified as one of the successful carriers. It is known as the most profitable airline company in the world (Airline Industry Profile, 2016). The Singapore Airlines strategy to reorganization of the company’s infrastructure and the incorporation of the new services targeting on the satisfaction of the customer services, moved the company to the leading place among the airlines services. The analysis of the Singapore Airlines caseRead MoreDigi1251 Words   |  6 Pagesdecided to turn to the CRM experts at iZeno and SugarCRM ®. If there is one defining story in the technology world today, it is most likely the explosive growth of mobile communications. It is well known that there are more mobile handsets than personal computers and that each of them has more computing power than the NASA computers that placed a man on the moon. This trend is connecting people all across the world and acting as a great leveler as people are able to communicate and collaborate more seamlesslyRead MoreEssay about Why the Rich are Getting Richer and the Poor, Poorer1558 Words   |  7 PagesThe report of Robert Reich: â€Å"Why the Rich are getting Richer and the Poor, Poorer,† is an eye opener and a warning for soci ety regarding unemployment that it will be facing and is currently facing due to a lack of technology and education. It clearly articulates that the jobs of routine producers and in-person servers have vanished totally as modern techniques have replaced them. The author has stated that the only people whose jobs are on the rise are symbol analysts. As stated in the report, symbolRead MoreGoogle - PESTEL Porters Five Forces Analysis2373 Words   |  10 Pages3.5 Industry Rivalry 4. Conclusion Recommendations 5. References 1.0 Introduction Google Inc, a global technology company, founded in 1998 by Larry Page and Sergey Brin, is the most popular search engine in the world. Google provides numerous free services and products such as Google search, YouTube, Google Maps, and has transformed how people use and share information. Google’s business spans from advertising, data analytics, operating systems to technologically advanced devices suchRead MoreGlobal Biotech Firms Look East For New Markets1293 Words   |  6 PagesGlobal Biotech Firms Look East for New Markets JLL’s 2015 Life Sciences Outlook Report identifies top global destinations for talent, sales, science and the trends driving international growth CHICAGO, August X, 2015 – The growing economies of Asia, Central and South America are providing fertile ground for middle-market pharmaceutical and biotechnology corporate growth. While multinationals fill their innovation pipelines in North America, branded and generic producers alike are expanding theirRead MoreAsian Rim Region Report : Geography And Demography1010 Words   |  5 PagesPacific Rim Region Report Geography and Demography Pacific Rim is a geographical vocabulary, refers to the lands around the rim of the Pacific Ocean. The Pacific Basin includes the Pacific Rim and the islands in the Pacific Ocean.(Wojtan, Linda S.) The Pacific Rim roughly overlaps with the geologic Pacific Ring of Fire. This region report is focusing on the East Asia, and Southeast Asia, or Asian Pacific. East Asia can be defined either in geographical and cultural. Geographically, it covers aboutRead MoreIdentification and Description of Singapore Airlines Processes1636 Words   |  7 PagesSINGAPORE AIRLINES Identification and Description of SIAs Processes The major processes of Singapore International Airlines consist of cabin service, flight operations, commercial marketing, information technology, engineering, security, and airport services and training. Excellent cabin service includes greeting passengers upon entering the cabin and directing them to their seats, providing them with information about the services and treating them with hospitality and courtesy. Flight operations

The Sports Marketing Free Essays

The sports marketing literature suggests that consumers of sport have unique relationships with their favourite teams. The high level of support from fans, team identification and emotional attachment towards sport clubs have often been associated with the term ‘Engagement’. Highly engaged fans are likely to develop behaviours such as positive word of mouth, displays of supporting the sport, consumer to consumer interactions and reading information about the team online, or in newspapers and books. We will write a custom essay sample on The Sports Marketing or any similar topic only for you Order Now Football fans today are often not satisfied with just watching games, the fans want to be fully involved in the content. For football marketing, this ends up taking the fans that extra mile, this may include behind-the-scene experience or helping fans get to know the players. The aim for this report is to give the football community a better understanding on how football clubs can better engage with their fans. This will include different engagement techniques such as Giving your fans a voice, getting fans involved while they are young, knowing your target and recognizing loyalty and how to engage year-round. Give your fans a voice: Every club should give their fans a voice, this isn’t only helping the club engage with their fans better, but it is allowing the club to get a direct insight into what the fans want, pay attention to their thoughts, trending ideas, questions and reactions. This is not only important for the club, but it is important for the fans as well as they want to feel part of the club and want their thoughts to be heard or applied within the club. Fan councils have helped a number of clubs connect with their fans. Teams are now able to use insights directly from fans to drive season ticket sales, sponsorships, marketing investments and brand engagement. In 2013 Media post conducted a survey with 1000 randomly selected adults. The results found were that fans do not feel that their opinions are being heard by their club. In fact, only 45% of fans agreed that their club was actually interested in hearing their opinions. Even worse, only 33% of fans said that they actually listen to their feedback. These findings show what major gap in how fans are currently being engaged with. However a stat that was very surprising was 30% of the fans switched their favourite team in the past year and 22% of fans reported that they would consider switching teams next year as they feel they have no say in their club and they don’t feel apart of the club they are supporting. According to Media Post, the 7 key reasons a club should give their fans a voice are: Fans are cheering for more than a team’s performance Fans want to be engaged throughout the year Fans are willing to switch favourite teams, and there are still â€Å"floaters† to attract Teams can optimize marketing investments There is an opportunity to provide added value and deepen relationships with sponsors and advertisers Listening to fans enables teams to measure and increase brand value Fan engagement drives the season ticket sales funnel Get the fans involved while they are young: To be a successful club and to have high quality fan engagement you would have to get the fans involved while they are young. This is important as no other experience can replicate the connection that a young boy or girl form with a club. This is a big thing because when you engage with a young fan they will remember the moment for most of their life. This is a big part in their life as when they share the moment they had with their friends or family, or even with their own children one day. Engaging with a young child would be beneficial for the club as many young fans have a hunger for knowledge and experiences, they are still trying to figure out their course. Helping to piece together a roadmap that may even lead to a life in professional sports can go a long way. Teams can also offer fans more opportunities to gather together. These events stir up civil pride, build excitement and may also sell a few more tickets to the games. The natural inclination to gather, can deliver a massive leap towards a relationship with young fans. Younger fans ask questions of players and executives at fan events, it doesn’t take long before you hear a variation of, â€Å"How do I follow in your footsteps?† Creating a meaningful connection with young people isn’t just about what’s on their screen, its about the experiences and the knowledge they can get from the experiences. Don Sabo, a youth-sports researcher and professor at D’Youville College in Buffalo, found that 61% of boys and 34% of girls across all grades say that sports are a large part of who they are. This statistic is very important as it shows how important sport is to children. This is useful as it shows how important sport is for them, this is useful for clubs as it would show them how they should start engaging while they are young, as this is when most of the children want to care and want to learn about sport. Know your Audience and recognise loyalty:As a soccer club you’ve got to recognize each fan, and be able to tell them apart, you also need to reward them and record each of their fan interactions. This is a big part while engaging with your fans as they don’t just want to be called fans and treated the same as everyone fan. They want to feel special and this is one way which you could make them feel that way. By recognizing your fans and rewarding them, this would give them more motivation to come out and support the team, this would also help as you are engaging with your fans and it could get more fans to come along as they feel like the club is more of a family then a club. Some clubs have already taken this into account and thought of ways to better involve their fans. The Seattle Sounders have implemented a loyalty program called Match pass, and they have said that this strengthens their relationship and create a lifelong brand champion. This allows the season ticket holder to get a lot back from their club. The match pass includes watching the last 20 minutes of the match from the side of the pitch, sitting in the broadcast booth and watching the game with the broadcasters and being a part of the starting XI team photo. This is a simple way to get your fans involved with the club as it isn’t costing the club any extra money and it rewards the fans with experiences money can’t buy. To make this an effective engagement strategy the team would be required to put in some extra work and may be required to develop deeper understanding of the fans. Sites such as Dugout are dedicated to behind-the-scenes footage and exclusive content. Teams such as Arsenal, Barcelona and Bayern Munich, amongst others have got involved with Dugout. This includes player or team challenges and allows the users to access the content before it appears anywhere else. Engage year round: Football clubs should engage with their fans all year round, as engaging with your fans shouldn’t start when the season starts. Clubs should engage all year round while the season is over the fans might feel like they aren’t involved with the club and the club doesn’t care about their supporters. By engaging all throughout the off season this will help the fan feel more apart of the club and may even call the club their second family. The football club should always look for ways to improve the fans experience. If you go to a game, giant screens around the ground to give you a better glimpse of the on-field action. This also helps the fan miss none of the game as if they leave their seats to go to the cafeteria they could watch the giant screen and miss none of the action. Providing Wi-Fi access to the fans also helps as it gives fans a way to communicate and feel more part of the game. Many fans follow their team throughout the entire annual cycle. From preseason through the trade deadline, and even during the offseason. There are still times in the season that marketing can target can target to get their fans involved with the team and the brand. Even though the team may not be playing. Realistically sports teams won’t be able to keep fans engaged year-round, but by listening to your fans and hearing what the fans are looking for at certain time of the year, teams can enhance what they offer and how they can engage in different ways. Conclusion: Football clubs need to consider the fans and make more interesting and exciting ways to engage with their fans. This is important as football isn’t just about watching the game, it is about the fans as well. If there weren’t any fans purchasing merchandise, memberships or the clubs stadium isn’t even getting filled if this continues to happen then more clubs would have to file for bankruptcy. Plenty of clubs have become bankrupt some of these include Parma, Chelsea, Leeds and Portsmouth. To keep clubs going and the fans happy to invest their money into the club there needs to be better fan engagement strategies introduced such as getting direct insight into what the fans want, by getting the fans involved while they are young, recognizing each fan and rewarding them for their fan interactions. How to cite The Sports Marketing, Papers

Financial Markets Of Abu Dhabi Islamic Bank †MyAssignmenthelp.com

Question: Discuss about the Financial Markets Of Abu Dhabi Islamic Bank. Answer: Introduction Abu Dhabi Islamic Bank established in 20 May 1997 is listed as a Public Joint Stock Company through Amiri Decree No. 9 of 1997. The formal initiation of the commercial operations of the bank started in 11 November 1998. These operations of the bank are discerned with paid-up capital of one billion dirhams and further segregated into one hundred million shares. The value of the individual shares of the company is observed with the shares quoted as per Abu Dhabi Securities Market (Adib.ae, 2018). Products and services offered by ADIB The corporate banking services of the company is seen to offer different Islamic Banking solutions such as Murabaha, Istisnaa, Ijara, the drawings covered by Islamic regulations and different types of other Sharia compliant products (Adib.ae, 2018). The corporate banking solutions also includes diversified private sector base of Trading, Transportation, real estate and target market of the bank. The wealth management experts of the bank include insightful decisions for the savings and decisions on select asset classes based on diverse investment themes such as oil, gold and group of equities. The bank offers capital protection plan and recommendations to the investors of different time horizons (Adib.ae, 2018). Differentiated banking mechanism than the conventional banks Type of Loan Islamic Process Conventional Bank Process CarFinance This process of ADIB is seen to follow Islamic financing structure which requires the intermediaries to buy the property with free and clear title as per Murabaha mechanism. In case an individual applies for an auto loan under this process, the loan will be non-interest bearing in nature which is considered to be free from any riba (or excess). The bank will buy the automobile from a client for a predetermined profit over the cost item and sells it back to the client based on instalments. Due to this the bank charges a set fees rather than riba or interest. The entire process is followed in two stages. In this case, the purchaser becomes the owner of the commodity and becomes liable for its full price (Cost plus profit). An eligible applicant must be 21 years and must have a minimum salary of AED 5000. The length of the confirmed service also needs to be at least 6 months. The important documents needed includes ?Original and copy of valid passport (with valid residence visa for expa triates), original and copy of valid Emirates ID and statement of account for the last 3 months. In addition to this, the bank offers a repayment option of up to 60 months, free ADIB VISA Cashback Card for the first year and 20% down payment option. In order to apply for the Murabaha, murabaha letter of credit is issued for a beneficiary on behalf of the applicant (Adib.ae, 2018). The bank agrees to the issuing the letter of credit and then agrees to the payment of the amount which follows terms described in the letter of credit. In case of the murabaha agreement ADIB is discerned to sell the contract (Chelhi et al., 2017). The important difference in the conventional loan process is seen in terms of the contract structure. Murabaha is recognized as a sale contract, the conventional loan process on the other hand is based on interest based lending agreement and transaction (Majd Bakir, 2014). The conventional process of banking is based on credit score, ratio of debt to income, size of the loan and the down payment. The subject matter in the conventional banking is considered with the amount of money while the Murabaha takes into account the commodity aspect. The collateral is put up before processing of the loan for conventional loan. The collateral in Murabaha may be posted after purchasing of the commodity. The cost transparency is not a concern in case of a conventional loan (DMV.ORG, 2018). In the conventional banking system, the bank is considered to sell the product for profit which discloses both the original cost and the profit to the buyer. The advancing loans and credit interest is charged on the interest as per the pure interest based transactions. Home Finance This process has discussed on benefit of home financing through Istisna. Based on this contract the client will ask the bank for construction of the unit. This will be able to meet the different types of the specifications given by the bank to meet the desire of the client. The client will then pay the price in instalments. In this case the borrower needs to provide a Valid salary certificate, income verification, Passport copy along with valid resident visa for expats, Khulaset Al Kaid and Bank Statement. The minimum salary requirement for the applicant is identified with AED 10,000 for UAE Nationals and AED 15,000 for Expats. The age criteria requirement is discerned to be 21 years. Some of the other document required is considered with ? Verified employment, Valid for UAE nationals residents and Joint applications accepted. The bank provides financing of up to AED 20 million for UAE Nationals AED 15 Million for expatriates? this process is based on Istisna. In addition to this it provides Financing of up to 80% of property value and partial settlement of 30% outstanding annually (Adib.ae, 2018). A conventional home loan applicant needs to present proof of income, identity and residence. The borrowing limit will be based on the individuals income and interest rate will be charged as per the total amount loan borrowed. The conventional borrowing will include tax concessions based on IT returns. The conventional loan will also include the option for instalment payment however, the borrower does not need to produce Istisna letter of credit is issued for a beneficiary on behalf of the applicant and Khulaset Al Kaid (Majd Bakir, 2014). Boat Finance The financing of boat is considered to be most ideal with the application of Ijara Finance. This lease contract allows leasing and using the asset for a specific period after it is fully owned. The company provides the financing option amount up to AED 1 million. The eligible applicant needs to have a minimum salary of AED 8000, 21 years old and 6 months of confirmed service (Adib.ae, 2018). The boat loan needs to be approved and signed with necessary documents for loan. In conventional banking the applicant is not guaranteed of the full ownership of the asset. The conventional banks do not allow cash out refinancing, except for non-conforming loan program. The applicant needs to fill Boat Loan Application Form. This includes details such as Current Income and Current Loan Payments. The boat information further includes Manufacturer, Model year and purchase price. Travel Finance The process of travel finance is considered to be applicable with Mudarabah mechanism. The commercial sectors will be able to provide the provide the finance for customers with required expertise. The restricted Mudarabah will ensure capital provider imposes certain conditions on the entrepreneurs for securing the capital. ADIB is able to provide Finance amount up to AED 250,000 and charging 1% Processing Fees (Min AED 500 and Max AED 2,500) (Adib.ae, 2018). The individuals have the option to exercise the best loan policy as per the type of travel loan applied for. The documents required includes Address proof, Identity proof and Passport size photograph (DMV.ORG, 2018). Personal Finance The process of ADIB is depicted with Qard al-hasan, which is an interest-free loan (fungible, marketable wealth). This is considered to be extended by the borrower based on benevolence. This is seen as a gratuitous loan extension to needy people for a specified period of time. The bank provides First instalment payment grace period up to 90 days, Two free instalments postponements every year and Takaful cover protection with competitive rates?. The individual must have a minimum salary of AED 8000 per month and UAE or expatriate with a minimum age of 21 years (Adib.ae, 2018). . The conventional banking process involves interest on the amount of loan lent by the borrower. The documents requirement includes bank statements, credit card information and loans records (Majd Bakir, 2014). Debt Settlement The "Musharkah Financing"ideal as the client will be able to request for finance by anticipating the banks shares anticipated with profits and losses of the project as per the client. The borrower needs to present liability certificate, bank account statement for the last 3 months and original valid emirates ID (Adib.ae, 2018). Conventional banks offer debt consolidation loans which requires the borrower to pay the applicable rate of interest based on amount of loan borrowed. The document requirement includes bank statements, credit card information and loans records (DMV.ORG, 2018). Conclusion The significant discussion of the study is able to identify the different types the products and services offered by ADIB offered in general. In addition to this, the learnings of the discourse have taken into consideration the import differences pertaining to the Islamic Banking Process and Conventional Bank Process. The important characteristics in the Islamic Banking Process has discussed on the Islamic financing structure followed by ADIB which requires the intermediaries to buy the property with free and clear title. The entire process is explained with the intention of borrowing a loan for automobile. The bank will buy the automobile from a client for a predetermined profit over the cost item and sells it back to the client based on instalments. Due to this the bank charges a set fees rather than riba or interest. The entire process is followed in two stages. In the first stage the bank purchases the commodity which the client is willing to sell. This stage is followed by clien t agreeing to the payment schedule for the repurchasing of the goods. References Abu Dhabi Islamic Bank Corporate Banking. (2018).Adib.ae. Retrieved 5 February 2018, from https://www.adib.ae/en/m/Pages/corporate_banking.aspx ADIB | ADIB Car Finance in UAE | Abu Dhabi Islamic Bank. (2018).Adib.ae. Retrieved 5 February 2018, from https://www.adib.ae/en/personal/financing/car-finance ADIB | Telephone Banking | ADIB Services | Personal Banking. (2018).Adib.ae. Retrieved 5 February 2018, from https://www.adib.ae/en/pages/personal_services_telephone_banking.aspx ADIB | Wealth Management | ADIB Structured Products. (2018).Adib.ae. Retrieved 5 February 2018, from https://www.adib.ae/en/Pages/personal_wealth_management_structured_product.aspx Chelhi, K., El Hachloufi, M., Aboulethar, M., Eddaoui, A. and Marzak, A., 2017. Estimation of Murabaha Margin.Journal of Applied Finance and Banking,7(5), p.49. DMV.ORG. (2018).Understanding Car Financing | DMV.ORG. [online] Available at: https://www.dmv.org/how-to-guides/auto-financing.php [Accessed 5 Feb. 2018]. Majd Bakir, m. (2014).Islamic Finance | What Is the Difference Between Murabaha and Conventional Loan?.Financialencyclopedia.net. Retrieved 5 February 2018, from https://www.financialencyclopedia.net/islamic-finance/questions/what-is-the-difference-between-murabaha-and-conventional-loan.html Understanding Car Financing | DMV.ORG. (2018).DMV.ORG. Retrieved 5 February 2018, from https://www.dmv.org/how-to-guides/auto-financing.php