"yesterday is history, tomorrow is mystery, today is a gift. That's why people called it PRESENT."Quote by Master Oogwei, Kungfu Panda
Friday, October 31, 2008
Quote
YAHOO Fantasy Points
2 YouMustBeatLiverpool1st 823.00
3 Kera Jadian (KJ) FC 821.00
4 Chikungunya CF 811.00
5 PakLahKuatTido 765.00
6 {KBM} Geng Cakcibor Eleven FC 762.00
7 Korok FC 727.00
8 Rempit F.C 670.00
9 Raub FC 663.50
10 Lupikirlasendili 623.00
11 FC Geroda 595.50
12 naz united 589.00
13 intertina 588.50
14 P11 FC 515.50
15 Neu 448.50
Thursday, October 30, 2008
CONGRATS TO FAIZIE (510)
Wife Faizie (510) selamat melahirkan anak lelaki jam 1:30pm hari ni, sederhana berat 3.13kg
Semoga menjadi anak soleh & penghibur kepada kedua ibu bapanya...
FANTASY POINTS
= 1 Geng Cakcibor Eleven Cakcibor Eleven 55 509
= 2 intertina talib sabri 42 485
= 3 rejected by turtle Hadly Muhd 54 474
Up 4 OneTeamToRuleThemAll Ahmad Harris Khaidzir 47 444
Down 5 Cap Ayam Noor Hisham Muhamat 35 442
Up 6 Paklah Bapa Mertuaku Bambang Pamungkas 47 416
Down 7 2ndBestAintThatBad Ahmad Harris Khaidzir 37 411
= 8 neu Ihsan Hasbullah 32 377
= 9 redridinghood Muhammad Redha Md Hatta 37 296
Jalan Jalan Cari Makan... tepen style @ Nasi Padang
Macam mana nak p? Kalau korang kat Jalan Ampang, masuk ke KESAS highway menghala ke arah Shah Alam/Klang/Seremban. Lepas masuk KESAS akan nampak satu exit belah kiri. Masuk exit tu & dalam 300 metre ada row of shops belah kiri. Kedai tu 2nd block from 7-Eleven.Satu lagi landmark dia exit tu across Tesco Ampang. Senang la nak carik nanti.
Makanan kat situ kalau tengok secara kasar mmg macam makanan biasa yg korang makan kat restoren lain. Tapi aku rasa taste dia ikot taste aku. Kawan aku yg dok biasa makan ngan aku pun bila makan ni katanya sedap. Lagi satu mungkin faktor penyedap sebab harganya yg memang berpatutan. Kawan aku makan nasi+sotong+taufu+sayur+telur dadar + coke = RM7.70. Kalau kedai mamak ko bantai sotong mmg tak kurang dari sepoloh rengget.
Lauk yg aku suka kat sini daging masak cili hijau. Cili hijau tu ditumis + daging lembu yg diketuk (utk kasi lembut) & sambal tumis ikan bilis tempoyak.
Sebelah kedai ni ada satu lagi restoren, restoren siam. Aku try plam-plooot saja.. hahaah itu nama kawan aku bagi utk pulut mangga. Bak kata kawan aku yg biasa p kat Siam, plam-plooot ni biasa je compare ngan kat siam. Kalau nak yg ori punya kena p kat Bangsar. Nanti aku dptkan details kat mana Bangsar utk dpt plam=plooot yg sodap.
Ciao.
Wednesday, October 29, 2008
CONGRATS TO smiling MY
Takde di mention anak lelaki or perempuan ataupun dpt lebih dari satu :D...
Apa pun semoga baby ni menjadi anak yg berguna....
Sejarah Negara Islam Kedah
Tuesday, October 28, 2008
13 years and counting
It has been 13 years since we left maktab. I can recall that some of us had enjoyable memories of it, while others felt indifferent and there were also some who would not want to be associated with it.
I fall into the category of the ones who are reluctant to be associated with the maktab. I even told those who asked that I hated the place and I felt more in tuned with my convent school prior to the maktab.. That was how I felt about the maktab back then. Call it teenage angst.. maybe there was some elements of it, together with a rebellious attitude towards life.
That was 13 years ago.
Now, after 8 years since leaving uni, and I guess some credits must be given to this blog and those who made it alive, I've accepted my maktab life as a memory that I cherished and a part of my growing up. I've started connecting with ex-collegemates and rekindling old friendship that I've since forgotten.
I started to remember that life wasn't all that bad in Taiping. Sure I missed the freedom, my family and my childhood friends back then. But I also know that there are friends that I've made during the 2-years at the maktab that stayed with me during my tough and happy times.
This posting is a tribute to Ihsan and all of us, ex-Taiping batch 94/95 who kept the blog alive and for our silent friends who made time to drop by and have a peek at what we're babbling about.
Next time, don't just peek but say a simple hello. We are no strangers to each other. We make who we want to be. Hey, we did spent 2 years at the maktab (some of us even married our ex-collegemates), so we practically know everyone. So don't be shy to say hi..
Signing off, Aini Zakaria (Ihsan, aku dah tak hutang kau lagi haha :P)
FANTASY POINTS
1 Chikungunya CF 753.00
2 Kera Jadian (KJ) FC 747.00
3 FC J'en ai marre 730.50
4 YouMustBeatLiverpool1st 729.50
5 {KBM} Geng Cakcibor Eleven FC 695.00
6 PakLahKuatTido 690.00
7 Korok FC 679.50
8 Raub FC 607.50
9 Rempit F.C 588.00
10 FC Geroda 541.00
11 Lupikirlasendili 535.00
12 intertina 530.00
13 naz united 499.50
14 P11 FC 454.50
15 Neu 408.50
PREMIERLEAGUE Fantasy Points
= 1 Geng Cakcibor Eleven Cakcibor Eleven 42 454
= 2 intertina talib sabri 69 447
Up 3 rejected by turtle Hadly Muhd 67 420
Down 4 Cap Ayam Noor Hisham Muhamat 41 407
Down 5 OneTeamToRuleThemAll Ahmad Harris Khaidzir 41 397
Up 6 2ndBestAintThatBad Ahmad Harris Khaidzir 65 374
= 7 Paklah Bapa Mertuaku Bambang Pamungkas 49 369
Down 8 neu Ihsan Hasbullah 24 345
= 9 redridinghood Muhammad Redha Md Hatta 25 259
Friday, October 24, 2008
Sebuah Teka-teki
COOL WEBSITE... resipi.net
Sebenarnya aku tak pernah try resipi kat sini, kalau sesapa dah try, let me know...
nampak reliable source for cooking.
http://www.resipi.net.
HOW TO GET THERE... RESTOREN SURURI
Macam mana nak p Restoren Sururi, Alam Shah?
Kalau korang tau Masjid Jamek Alam Shah, Restoren Sururi ni sebelah Masjid Jamek tu.
Kalau yang tatau tu, dia dekat ngan Bulatan Kg Pandan. Kalau from Jalan Tun Razak korang exit Bulatan Kg Pandan. Lepas tu korang cari exit ke Jalan Cochrane. Make sure korang stay on left lane, sebab lepas exit Jalan Cochrane korang akan jumpa one fork. That fork masuk kiri. About 20-30 metre after fork tu korang akan nampak Restoren Sururi belah kanan. Korang akan jumpa traffic light. belah kanan ada Stesen minyak Petronas & belah kanan ada Masjid Jamek.
Kat traffic light tu korang buat u-turn. After perhentian bas belah kiri, masuk pintu lepas tu. Cari parking & carik la tempat orang berduyun2 hehehe, satu utk solat, satu utk makan... tepuk dada tanya selera :D
klik utk [peta]. Kat sini ada interactive map, so korang bley la nak buat reverse engineering process.
Kalau korang dari Jalan Pudu menghala ke Cheras, traffic light lepas Penjara Pudu belah kanan, masuk ke Jalan Imbi. Next traffic light Time Square tu masuk kanan & follow jalan ke SMART Tunnel. Lepas tu follow sign to Jalan Tun Razak & Bulatan Kg Pandan. Lepas tu follow instruction kat atas.
Al-Asr
In the name of Allah, the Beneficent, the Merciful
By the declining day, (1) Lo! man is a state of loss, (2) Save those who believe and do good works, and exhort one another to truth and exhort one another to endurance. (3)
Dengan nama Allah, Yang Maha Pemurah, lagi Maha MengasihaniDemi Masa! (1) Sesungguhnya manusia itu dalam kerugian; (2) Kecuali orang-orang yang beriman dan beramal soleh dan mereka pula berpesan-pesan dengan kebenaran serta berpesan-pesan dengan sabar. / (3)
Job Vacancies with TM
YBhg Datuk/Dato'/Datin/Tuan/Puan
Warga Telekom Malaysia
Merujuk kepada perkara di atas adalah dimaklumkan bahawa TM mempelawa calon yang berminat dan berkelayakan untuk mengisi kekosongan jawatan di Kumpulan Telekom Malaysia (TM Group) seperti berikut:
HSBB SYSTEMS
Team Leader - Testing
Team Leader - Business Analyst
Team Leader - EAI SA
Team Leader - Integration
Team Leader - Inventory
Team Leader - Migration
Team Leader - NTAPS
Team Leader - SFM
Team Leader - Siebel
Team Leader - SLM
Team Leader - SPM
Team Leader - TA
SPECIALISED NETWORK SERVICES (SNS)
1. Pembantu Pegawai Teknik
Kekosongan jawatan-jawatan ini adalah terbuka kepada anggota-anggota Kumpulan TM (TM Group), saudara mara dan sahabat handai.
Bagi anggota dalaman yang memohon jawatan Pembantu Pegawai Teknik di bahagian SNS, ianya akan dianggap sebagai pertukaran dan bukannya kenaikan pangkat. Bagi calon luar, perlantikan adalah secara kontrak.
Maklumat lanjut mengenai jawatan-jawatan tersebut adalah seperti fail-fail yang dilampirkan.
Semua permohonan hendaklah dibuat melalui TM Online Recruitment, laman web pengambilan anggota TM di http://www.tmcareer.com.my
Sebarang permohonan secara selain daripada yang tersebut tidak akan dipertimbangkan.
Tarikh tutup permohonan adalah pada 2 November 2008. Calon-calon yang disenarai pendek sahaja akan dipanggil untuk temuduga. Sekiranya pemohon-pemohon tidak dihubungi atau menerima sebarang maklum balas dari kami dalam tempoh dua (2) bulan, adalah dianggap permohonan yang dikemukakan tidak berjaya.
Sebarang pertanyaan, sila hubungi HR Helpdesk 1-800-88-9779 atau emelkan kepada hrhelpdesk@tm.com.my
Sekian. Salam hormat
"HAYATILAH KRISTAL KITA"
t.t.
IR ABDUL RAZAK HUSSIN
Pengurus Besar
HR Shared Service Organization
Thursday, October 23, 2008
Wednesday, October 22, 2008
Tuesday, October 21, 2008
FANTASY POINTSb
1 Kera Jadian (KJ) FC 680.50
2 {KBM} Geng Cakcibor Eleven FC 663.00
3 YouMustBeatLiverpool1st 650.00
4 Chikungunya CF 646.00
5 FC J'en ai marre 617.00
6 Korok FC 603.00
7 PakLahKuatTido 594.00
8 Raub FC 517.00
9 Lupikirlasendili 483.00
10 Rempit F.C 479.50
11 intertina 468.00
12 naz united 449.50
13 FC Geroda 430.50
14 P11 FC 394.00
15 Neu 374.50
PREMIERLEAGUE Fantasy points
= 1 Geng Cakcibor Eleven Cakcibor Eleven 55 412
= 2 intertina talib sabri 75 382
Up 3 Cap Ayam Noor Hisham Muhamat 73 366
Down 4 OneTeamToRuleThemAll Ahmad Harris Khaidzir 48 356
New 5 rejected by turtle Hadly Muhd 55 353
Down 6 neu Ihsan Hasbullah 39 321
Down 7 Paklah Bapa Mertuaku Bambang Pamungkas 52 320
Down 8 2ndBestAintThatBad Ahmad Harris Khaidzir 50 309
Down 9 redridinghood Muhammad Redha Md Hatta 40 234
Monday, October 20, 2008
CONGRATS TO HAQ
Cool Website.. LOMOOI
Saturday, October 18, 2008
Happy Anniversary #2
Friday, October 17, 2008
Amir Yusuf Nurul Fajar
bley baca blog dia kat [sini]
Bukak Puasa...2008 v2
An-Nisa, ayat 1-5
Dengan nama Allah, Yang Maha Pemurah, lagi Maha Mengasihani Wahai sekalian manusia! Bertakwalah kepada Tuhan kamu yang telah menjadikan kamu (bermula) dari diri yang satu (Adam) dan yang menjadikan daripada (Adam) itu pasangannya (isterinya iaitu Hawa) dan juga yang membiakkan dari keduanya zuriat keturunan, lelaki dan perempuan yang ramai dan bertakwalah kepada Allah yang kamu selalu meminta dengan menyebut-nyebut namaNya, serta peliharalah hubungan (silaturahim) kaum kerabat; kerana sesungguhnya Allah sentiasa memerhati (mengawas) kamu. (1) Dan berikanlah kepada anak-anak yatim (yang telah baligh) itu harta mereka dan janganlah kamu tukar-gantikan yang baik dengan yang buruk dan janganlah kamu makan harta mereka (dengan menghimpunkannya) dengan harta kamu; kerana sesungguhnya (yang demikian) itu adalah dosa yang besar. (2) Dan jika kamu takut tidak berlaku adil terhadap perempuan-perempuan yatim (apabila kamu berkahwin dengan mereka), maka berkahwinlah dengan sesiapa yang kamu berkenan dari perempuan-perempuan (lain): Dua, tiga atau empat. Kemudian jika kamu bimbang tidak akan berlaku adil (di antara isteri-isteri kamu) maka (berkahwinlah dengan) seorang sahaja atau (pakailah) hamba-hamba perempuan yang kamu miliki. Yang demikian itu adalah lebih dekat (untuk mencegah) supaya kamu tidak melakukan kezaliman. (3) Dan berikanlah kepada perempuan-perempuan itu mas kahwin mereka sebagai pemberian yang wajib. Kemudian jika mereka dengan suka hatinya memberikan kepada kamu sebahagian dari mas kahwinnya maka makanlah (gunakanlah) pemberian (yang halal) itu sebagai nikmat yang lazat, lagi baik kesudahannya. (4) Dan janganlah kamu berikan (serahkan) kepada orang-orang yang belum sempurna akalnya akan harta (mereka yang ada dalam jagaan) kamu, (harta) yang Allah telah menjadikannya untuk kamu semua sebagai asas pembangunan kehidupan kamu dan berilah mereka belanja dan pakaian dari pendapatan hartanya (yang kamu perniagakan), dan juga berkatalah kepada mereka dengan kata-kata yang baik. (5)
Thursday, October 16, 2008
RED ALERT RED ALERT
Death Magnetic by Metallica
My opinion? It is the best album since ‘Black Album’. Not suitable for parents who has small babies. Don’t know what the lyrics are, but soo much into the music. Will listen to it, until I grew bored of it. Best used when driving alone at night time, and you are damn sleepy. :D
I don’t buy albums anymore, but this is the first full album I owned since 2000/2001.
Thank You.
Your Sincerely,
Ahmad Harris Khaidzir,
Junction EBOR
Kalau dulu wife aku nak p area Shah Alam dia drive thru SS19 & jam teruk sebab area SS19 tu berdoyon2 sekolah-sekolah (translate=jam yg amat). Now kitorang pakai Elite/NKVE/PLUS exit USJ-EBOR. Junction EBOR ni ada exit on south side, korang tak bley exit kalau korang dari PJ/Subang/Ipoh. Hanya utk org dari south/KLIA/Cyberjaya/USJ. Exit EBOR ni after exit Seafield (exit ke KESAS, Shah Alam, Klang, Cheras, Segala jenis Pandan termasuk Pandan Indah).
Kalau masuk toll EBOR pulak, the only route is to South. Tak boleh nak p area PJ/Subang/Ipoh. Member aku kalau balik ke selatan & nak p utara, dia keluar toll EBOR pastu masuk highway Guthrie tembus kat Rawang. Nak masuk toll EBOR ni ikot jalan batu 3 Shah Alam, lepas traffic light kilang gula CSR menghala ke bulatan kilang Panasonic ada signboard Cyberjaya/Putrajaya/KLIA/Johor Bharu. Toll booth tu just dlm 200-300 meter dari exit.
Aku pakai exit ni dari USJ masa Chelsea lawan selected XI hari tu & jalan jam sket lepas toll EBOR. Lepas masuk Federal terus oraits.
Semoga berjaya!
Wednesday, October 15, 2008
JALAN-JALAN CARI MAKAN.... sup sururi
Sup daging kat sini memang power. Dagingnya lembut & macam dimasak dengan api kecik bukan pakai pakai pressure cooker. Harga pun oraits. Aku makan sup daging + nasi puteh + sayur campur + air barli ais = RM5.50.
Kalau nak compare sup2 aku makan kat area KL ni, aku bley letak sup ni no 1 sama tarap ngan sup gearbox warung dusun bangi. Next stop utk sup - Sup Kaw Kelana Jaya & Sup Semenyih kat Kajang....
Tuesday, October 14, 2008
OCTOBER FRESHIEs
Welcome to the thirty club
Friday, October 10, 2008
Weekly Closing
Today (Friday) Najib voluntarily nominate himself for the presidency post. Its totally different from what we learn during our prophet. Sahabat will only take the Gabenor post only after being nominated by others, not voluntarily.
Najib made a unbeliveable statement yesterday, Malaysia would not be affected by American meltdown. Japan, Germany, Australia has pump money into their national bank to boost the economy. Of course Warren Buffet also bought Citibank shares worth US$5 billion. How are we not affected again, Mr MOF? Shares are closing low this weekend, even the trend is scarry. Imagine, once KLSE market open, the points keep droping. A few times the KLSE points went up, but for a short period. someone pumping money?
Shocking news! Shah Rukh Khan of Bollywood is getting Dato' from Malacca!!! Trully amazing. I guess his dance and act really got YDP of Malacca love Bollywood movie too much. When I told the news to my friends, the first thing they asked me, what has he done for the betterment of Malacca?
Okay, have a great weekend everyone. Hope this Raya mood is gone by next week...... adios!
Friday Nasiha
Chapter 30: Verse 30 (Partial)
True Nature
"adhere to the true nature on which Allah has created human beings."
All human beings have been created with that true innate nature which prompts them to believe that the One True God alone is the Creator, the Lord and the only object of worship and obedience, requiring them to adhere to that attitude. Should they decide to consider themselves invested with sovereign authority, they would be deviating from their true nature. Likewise, should they decide to submit to the authority of any other than the One True God, they would again be deviating from the true nature with which they were born.
[read more here]
Thursday, October 09, 2008
Wednesday, October 08, 2008
NEWS OF THE DECADE
Utusan Malaysia - [click here]
The Star- [click here]
Tuesday, October 07, 2008
FINANCE JOKE
' There are two sides
to a Balance Sheet
Left & the Right
( Liabilities and Assets respectively)
On the Left side
there is nothing right..
and
on the Right side
there is nothing left '
Monday, October 06, 2008
TAKZIAH TO HARUN ASRI & FAMILY
Al-Fatihah to Arwah.
May Allah bless his soul.
p/s - Harun is currently working in Wales but come back to Malaysia for the above reason. However he has temporary cell phone number if you would like to give him a call.
You can reach him @ 012 - 346 3417.
Doing Good Deeds Even After Ramadan
The rapid shift from obeying Allah Almighty in Ramadan to disobeying Him and moving away from His way after Ramadan has its reasons, the most important of which are the following:
• Absence or lack of sincerity during the acts of worship that used to be performed: This insincerity is exemplified in the person who performs prayer or pays charity so that people will see him. In doing so, he may achieve a certain rank, some material benefit from them, or the like. Such a person does not perform acts of worship with the intention of pleasing Allah Almighty, and achieving a great reward in the Hereafter.
• Absence of concentration during the performance of the acts of worship despite the presence of sincerity: This leads to the person not benefiting from performing such acts, not filling the heart with faith and not drawing his heart closer to his Lord, a thing which would have prompted him to persist in doing good and abandoning evil.
[Read more here] • Lack of moderation in acts of worship, being over enthusiastic and exerting much effort than that which each person can bear: This makes the soul change afterwards because it does not possess the quality of persistence. This happens although the Messenger (Pbuh) ordered us to do those deeds which are within our capabilities.
FANTASY LEAGUE POINTS
1 {KBM} Geng Cakcibor Eleven FC 568.50
2 Kera Jadian (KJ) FC 535.00
3 Chikungunya CF 530.00
4 Korok FC 529.00
5 YouMustBeatLiverpool1st 524.50
6 PakLahKuatTido 500.00
7 FC J'en ai marre 490.50
8 Raub FC 464.50
9 intertina 430.50
10 Lupikirlasendili 420.50
11 Rempit F.C 406.00
12 naz united 365.50
13 FC Geroda 361.50
14 P11 FC 359.00
15 Neu 355.50
PREMIERLEAGUE Fantasy Points
= 1 Geng Cakcibor Eleven Cakcibor Eleven 60 357
Up 2 intertina talib sabri 57 311
Down 3 OneTeamToRuleThemAll Ahmad Harris Khaidzir 54 308
= 4 Cap Ayam Noor Hisham Muhamat 55 297
= 5 neu Ihsan Hasbullah 51 282
= 6 Paklah Bapa Mertuaku Bambang Pamungkas 46 272
= 7 2ndBestAintThatBad Ahmad Harris Khaidzir 51 259
= 8 redridinghood Muhammad Redha Md Hatta 66 194
Saturday, October 04, 2008
BALIK RAYA PART ONE
Sabtu, 4 Oktober 2008
1430 hrs Abang aku start journey to utara
1500 hrs Akak aku start journey to KL
1715 hrs Akak aku call, diorang turning back sebab tart jam pekat sangat
1730 hrs Abang aku call, diorang turning back jugak. 1800 hrs Akak aku & abang aku sampai rumah parents aku for the second time
2200 hrs Layan Sudnerland vs. Arsenal
Ahad, 5 October 2008
0000 hrs Sunderland drew against Arsenal, hahhahaha music to Chelsea supporter
0027 hrs Akak aku & aku bertolak ke KL
0055 hrs Sampai Machang
0215 hrs @ Kampung Pahi
0326 hrs 78 km dari Gua Musang
0450 hrs @ Petronas Gua Musang, refuelling, toilet and streching session
0512 hrs Bertolak dari Gua Musang
0625 hrs @ Petronas Kerchau & solat Subuh
0700 hrs exiting for Sg Koyan Junction
0740 hrs around Raub, traffic lancar. Great decision masuk Sg Koyan. Lepas Raub tak nampak satu bas pun sampai ke tol Karak.
0830 hrs @ Karak Highway
0900 hrs @ Toll Karak
0925 hrs My son woke up for the first time since aku bertolak dari rumah parents aku. 5 menet lepas tu aku sampai ke rumah.
An Islamic Perspective, Meltdown in American Markets
[web mod]
Weekend Edition, September 27 / 28, 2008
An Islamic Perspective, Meltdown in American Markets
By LIAQUAT ALI KHAN
Call it the consequences of irresponsible American invasions, call it the irrational exuberance of short sellers, call it the catastrophe of subprime lending, call it the mismanagement of leveraged products, blame it as you may, American markets are facing unprecedented meltdown and doomsayers see little promise in the federal bailout package. Ironically, the Wall Street has noticed that Shariah-compliant investments- -which avoid speculative risk and debt-ridden greed--have fared much better in these troubled markets. In the past few years, Shariah-compliant investments in Western markets have grown to more than half a trillion dollars.
Islamic financing is attracting huge academic curiosity. Many experts participating in the 8th Harvard University Forum on Islamic Finance held this past April wondered if Islamic financing could have prevented the meltdown that American markets are facing primarily due to mortgage debt and mortgage-backed securities—now known as "toxic investments. " This legal commentary highlights the two fundamental principles of Islamic financing that I presented at the Forum.
High Risk Investments
The Quran prohibits al-Maysir or speculative risk, warning the faithful to avoid games of chance in which the probability of loss in is much higher than the probability of gain (2:219). compliant investments, therefore, avoid speculative risk, including interest rate options, naked equity options, futures, derivative and numerous leveraged products purportedly designed to hedge investments. Many of these financial products attract speculators in hopes of making quick money. When trusted fund managers, under institutional pressures to show profit, resort to speculative risk, hedge investments turn into suicidal strategies for financial destruction.
In pursuit of greed and thrill, straightforward investments in companies engaged in socially useful activity has become unattractive, even boring, because of their presumably lower rate of return—frequently a self-fulfilling prophecy. Billions of dollars are dumped into companies that promise huge profits but produce nothing. While Islam would allow risking investments in socially beneficial research projects, it prohibits investments in companies peddling alcohol, tobacco, pornography, debt, and weapons—products that undermine our health and safety.
Some investment strategies rampant in the markets are not only morally corrupt but socially harmful. Short sellers, for example, make money when companies collapse and close. Turning the conventional logic of investment on its head, short sellers wish companies to crash rather than prosper for they make most money when companies go bankrupt, workers and employees lose jobs, and pension funds evaporate through declining company stock. Such cynical investments, touted as useful forces that balance the market, are contrary to Islamic law.
Interest-Bearing Debt
In addition to prohibiting high risk investments, the Quran also prohibits no risk investments. The prohibition against riba, interest on loans, is strictly forbidden. Islam does not prohibit passive investments. Nor does it prohibit giving interest-free loans. Debt is not contrary to Islamic law. Charging interest is. Although some experts argue that usury, and not interest, is prohibited under Islamic law. Most Muslim scholars agree, however, that interest on loans is contrary to the Shariah.
Refuting arguments that money has time value or that interest is analogous to profit, the Quran offers a categorical principle that "trade is permitted but interest is not." (2:275). The prohibition against interest was revealed not only to save the poor from unscrupulous lenders but also to deter investors who demand a set return on their investments and decline to take the risk of engaging in useful trade.
Contrary to Islamic principles, lending in general and sub prime lending in particular was predestined to harm American financial markets for two distinct reasons. First, debt braced with high interest was being extended to persons who simply could not afford to pay back loans. This was usury. Second, the real estate mortgage was no longer a prudent investment decision, since numerous investors were trading in real estate with inflated prices. Investment bankers and other geniuses on Wall Street were securitizing mortgage debts, turning them into interest-bearing securities. These fancy securities began to fail when their underlying assets were foreclosed or deflated. The debt turned deadly and its holders bankrupt.
Shared Destruction
Between the prohibited limits of maysir (speculative risk) and riba (no risk), however, Islamic Law permits creativity in financial markets where investors mobilize surplus monies for the production and distribution of halal (Kosher) goods and services. These permissible markets are neither risk-free nor prone to irresponsible risk. Though innovative and authentic, the markets are infused with the values of fairness, transparency, and reasonable profits. They are free of predatory practices that corrupt transactions with greed and inflict hardship on the poor, the elderly, and the novice.
The federal bailout package that the Bush Administration is selling as a quick cure of all problems will only aggravate the underlying cancer of interest-bearing debt. It is unlikely that the infusion of more money will reform institutions and companies built on layers of interest-bearing debt. When the best and the brightest are engrossed in finding ways to make money with money, and no more, the system may look creative and intelligent but it is geared toward shared destruction.
Ali Khan is Professor of Law at Washburn University in Topeka, Kansas.
Friday, October 03, 2008
September Visitors
Total pageviews: 3,771
Total visits: 2,467
Monthly unique visitors: 941
Daily unique visitors: 1,661
First time visitors: 825
Avg. pageviews per day: 126
Pageviews per visit: 1.53
Pageviews today: 23
Visits today: 19
Prognosis today: 28
Total pageviews: 26,826
Total visits: 18,914
Yearly unique visitors: 7,693
Monthly unique visitors: 8,427
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Thursday, October 02, 2008
Fifth Gear Presenter - Tiff Needle
Tiff Needle yg jadi analyst (being former race driver himself), dia compare dari segi maintenance both cars.
Tapi yg slack video youtube tak abes, so aku carik kat google website fifth gear. Fifth Gear website ada buat compilation video yg best2. [click here to review]
Antara kereta yang Tiff personally review M3 vs. M3 CSL, M5, Pagani Zonda, Lambo but sadly no video on comparison between Enzo and MacLaren.
website ni bukan official website mrsm taiping... mau carik official punya, http://www.mrsmkm.edu.my/taiping/. segala isi kandungan dalam blog ni tak mewakili mrsm taiping dan MARA. Untuk cari Ansara Cawangan Taiping, bleh p ke http://www.actorg.net. Kat ACTorg.net, webmaster dia Abg Damit.... website ni utk geng2 mrsm taiping batch 9495 lay-park, borak2, merapu, meroyan, melalak.
jemput tengok dan tengok lagi.. kalau tak puas jugak bleh la tinggal message ka, letak comment ka... mau Lagi??? email la sama wa kat taiping9495 at gmail dot com.
terima kasih kat sapa2 yg tolong website ni secara jualan langsung atau black market....
article yg ada dlm ni adalah hakcipta blog ni kecuali ada dinyatakan dicilok dari sumber2 tertentu... segala komen yg dibuat dalam blog ni takde langsung mewakili blog nih.. komen2 tu adalah hak dan rekacipta org yg tulis komen tu... ada paham? webmaster ada hak utk meng'edit', meng'keluar'kan mana2 post yg dirasakan tidak sesuai