Tag Archives: Featured

Scope of Islamic Banking, Participant Banking by Nadeem Saleh

  Islamic banking, termed participant banking, is outgrowing conventional banking in many of the world’s predominantly Islamic countries. Today the total participant banking market is worth around $920 billion, which is projected to grow more than $1.6 trillion ( the total outlay of Pakistan budget 2016-17 is 4.9 trillion) by 2020, research by EY shows. Particularly the Gulf States are seeing rapid participant banking growth. Return on Equity within the sector remains relatively robust at 12.6% In a recent EY study, titled ‘World Islamic Banking Competitiveness Report  2016’, the professional services firm explores the Islamic Banking landscape. The report is ...

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Under attack: how to beat the hackers

The smarter technology gets the more opportunities there are for cyberattacks. As threat levels are elevated to unprecedented heights, companies, governments and security experts are frantically re-assessing how they manage the risks   On October 21, hackers unleashed a spectacular attack on the internet, bringing down websites including Twitter, PayPal, Spotify and Netflix for almost the entire day. The attack on internet services provider Dyn, which controls many of the world’s servers, has been described by experts as the largest of its kind in history — and one that many organisations would have been powerless to prevent. In a blog ...

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10 Weird Rules For Traveling In Antarctica

If you’re looking for a unique travel destination, Antarctica is pretty high on the list. Despite being one of the coldest places on earth, the resilient wildlife makes it a great place for nature-watching. However, Antarctica is considered one of the most pristine landscapes in the world and is used mainly as a center for scientific research. As such, when visiting the South Pole, there are some very strict rules No Walking On Lichen When people imagine Antarctica, it’s mostly endless snow with the occasional flash of the black underlying rock. But plants do grow in Antarctica – several types ...

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Nearly Two-Thirds of Cancers Are Due to Random DNA ‘Mistakes’

Cancer is caused by mistakes in DNA, and a new study finds that in most cancer cases, these mistakes are completely random; they’re not due to heredity or environmental factors, but rather the result of random errors. The mistakes, or mutations, cause cancer to happen because even a tiny error in DNA can make cells multiply out of control, the study said. Scientists had thought these mutations resulted mainly from two things: Either the mutation was inherited, or it was caused by outside factors that can damage DNA, such as cigarette smoke or ultraviolet radiation, the researchers wrote. But a ...

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Revealed: these are the 10 happiest cities in the UK for students

Want to find happiness? Move to Belfast. The happiest students can be found in Northern Ireland, according to a survey which ranks the UK’s best university towns and cities. In particular, Belfast came top of the ranking, with an impressive 94% of students saying they’re ‘very happy’ with their education and city life. Brighton came second, with 93% of people studying at the University of Sussex and the University of Brighton claiming to be very satisfied, followed by Coventry with 92%. (Picture: Getty) The survey, carried out by accommodation provider Sodexo, asked thousands of students across the country to rate how they ...

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Mona Lisa´s smile decoded: science says she´s happy

Mona Lisa´s smile decoded: science says she´s happy PARIS: The subject of centuries of scrutiny and debate, Mona Lisa´s famous smile is routinely described as ambiguous. But is it really that hard to read? Apparently not. In an unusual trial, close to 100 percent of people described her expression as unequivocally “happy”, researchers revealed on Friday. “We really were astonished,” neuroscientist Juergen Kornmeier of the University of Freiburg in Germany, who co-authored the study, told AFP. Kornmeier and a team used what is arguably the most famous artwork in the world in a study of factors that influence how humans judge ...

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Pakistan triples representation in list of Asia’s best universities

LONDON: Pakistan has tripled its representation in the list of Asia’s best universities with seven Pakistani institutions in the top 300. The Times Higher Education list for the latest Asia University Rankings 2017 shows that Pakistan has seven institutions in the top 300, five of which are new entrants. Pakistan’s highest-ranking institution, Quaid-e-Azam University Islamabad, is placed in the 121-130 cohort and is joined by COMSATS Institute of Information Technology in the top 150. National University of Science and Technology (NUST) is ranked at 141-150. University of Agriculture Faisalabad is ranked 201-250. Both University of Lahore and University of Karachi ...

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Nawaz Sharif orders ban on ‘blasphemous content’ online

Pakistan’s PM orders blocking of all social media content deemed blasphemous to Islam and for prosecution of suspects. Pakistan’s Prime Minister Nawaz Sharif has ordered the immediate removal and blocking of all online content deemed to be “blasphemous” to Islam from social media – and for those responsible to be prosecuted. Tuesday’s order came in the wake of ongoing hearings at the Islamabad High Court in a case seeking the blocking of all Internet content deemed to be “blasphemous”. “The [posting of] blasphemous content on social media is an unclean attempt to play with the feelings of the Muslim Ummah [community],” ...

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Improved cognition in male turtles exposed to BPA during development

Bisphenol A (BPA) has earned a bad reputation as a potential endocrine disrupting chemical in several studies of developing animals. Some studies even report correlations of BPA levels with certain diseases in humans. Thus it is not surprising there are a plethora of BPA-free food containers, especially for baby food and bottles, as our most common route of exposure is through our diet. It gets there from the epoxy resin lining of some canned foods as well as our use of polycarbonate food containers or tableware. Turtles and reptiles are also affected by BPA that leaches into their environment. Male turtles and reptiles exposed to BPA during development can undergo partial and even ...

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Why all English speakers worry about slipping up

The English language is confusing, inconsistent and easy to muddle. But some pour too much scorn on those who break the rules, writes James Harbeck. Since Jonathan Swift’s 1712 Proposal for Correcting, Improving and Ascertaining the English Tongue, two centuries of self-appointed correctors and improvers of English usage – such as Robert Lowth, HW Fowler, George Orwell, Kingsley Amis, Simon Heffer, Lynne Truss, and Neville Gwynne – have decried the decadent state of our language and instructed people on how to use it better. But what have they accomplished? They have helped enforce agreement that there should be a standard ...

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