Nature Of The Organisation : A Australian Islamic Loans

First off, moral obligation, in this essay, can be defined as an obligation to act in good faith because it lies within your personal values. In other words, it can be your reasoning for making a morally right decision.

The activity register contains a history of all supply and property transactions. These include open and closed transactions that are tracked by serial number. The function provides the capability to search, view and/or print a report of these transactions, to reverse receipt or asset adjustment transactions that were input erroneously, and to view input transactions.

In Australia, the Muslim culture is seen as a marginalised group in our society, but for what reasons? Its becoming increasingly difficult and complex with the rise in Islamaphobia and anti-Islamic sentiments that filter through the Australian society and media for Muslims in Australia.

Classify each of the items as an asset, liability; revenue; or expense from the company's viewpoint. Also indicate the normal account balance of each item.

Learning Objective 1.2 ~ discuss the different types of companies which may be formed under the Corporations Act 2001

The company has strong visibility. Is located where people walk past and look in. Very easy to access and find

The first noted evidence of the religion of Islam in Australia was through the interaction between the Indigenous people of Australia’s North and Islamic fisherman from South East Asia when trading products with eachother as well as the occurrence of inter-cultural marriage as early as 1650. However, the major influence of Islamic religion to Australia came later in the 1860’s when a large number of camel drivers , with origins throughout Afghanistan arrived in Australia to develop a telegraph line that would eventually connect Australia with London. The predominant religion amongst the cameleers was Islam, despite being different ethnicities, such as punjabi, Pashtun, Baluchi and Sindhi. The camels proved to serve the needs of trade,transport

Australia is the most popular country which has a culture and religious diversity. In Australia, the schools should have a role in educating students about Islam and Muslims. Some previous researches have shown that Australians have negative insight of Muslims and low knowledge about Islam. In addition to the media is playing a big role affecting Australians attitude towards Muslims. In a research has done, showed that most Australian have little contact with Muslims and have a very little knowledge about Islam, most of them in the age at fourteen and twenty four. The Muslim community in Australia is still small and considered as a minority group, but it is growing very fast especially in the recent few years. Islam is the third largest religion

Moral obligations are based on society’s understanding of “right and wrong” behavior and or appeal to universal sets of values. They tell people what they “should “do, but they are not in themselves legally binding. Professional organizations are based on a particular professions own understanding of how members of that profession should behave. Professional obligations

A company before the enforcement CMCHA 2007 could be prosecuted for a wide range of criminal offences. In order for the company to be guilty of the offence, it was additionally vital for

Choosing a Corporation/Company Structure - the business structure of a company/ corporation is highly recommended, it has the flexibility to gain more capital, or credit capability and assets used as security. Based on the Corporation Act 2001 (Cth) AC 22, a corporation is another legal entity with their own legal rights, duties and responsibilities separate to the individual or owner of the company (Harris, Hargovan & Adams, 2013, pp 229). The risk and consequences are one of the principal considerations of choosing a company structure (Harris, Hargovan & Adams, pp 50). Based on the “Corporate Veil” Liability is owned by a separate legal entity and not to the extent of the owner, for instance, the debt of the company is not a personal liability, but the company. This is further explained in the case below.

Ethics are the principles and values an individual uses to govern his activities and decisions. In an organization, a code of Ethics is a set of principles that guides the organization in its programs, policies and decisions for the business. The ethical philosophy that is used by an organization to conduct business can affect the reputation, productivity and bottom line of the business (1).

Under obligation, my ethical perspective is of a person whom places emphasis on duty or obligation to do what is morally right. I believe that “ethical conduct appeals to conscience” (The Williams Institute for Ethics and Management, 2008). Basically, all human beings have a natural sense of right and wrong.

Becoming an expert in Islamic economics and finance field is one of my long-term goals in life. I started to organize and made a plan towards achieving that dream since senior high school. The concern towards Islamic economics and finance concept, and its application for society and the country began when I was reading a book entitled Islamic banking-theory and practice. After finishing reading the book, my interest in Islamic economic and finance topics rose and strengthen my own determination to become the expert of Islamic economics and finance. The main principle of Islamic economics and finance which offers the just and ethics in economic activity, poverty alleviation through income distribution mechanism, and prevention of economic and

Firstly, essay will have insight over the historical development of incorporation law in Australia since 1901. According to Incorporation Associations (2014) “Incorporation is a method of registration that gives an association legal advantages, in return for accepting certain legal responsibilities” (p. 5). A limited company has certain characteristics and features which are discussed in third section. These characteristics are the platform for the functioning of the incorporated body.