Musyarakah Mutanaqisah home financing product : an implementation analysis in Affin Islamic Bank Berhad / Muhammad Syafiq Muhammad Hatta.

This research serve the purpose to analyze the implementation of home financing product using musyarakah mutanaqisah contract. This research is made to focus on the implementation at Affin Islamic Bank Berhad. Musyarakah mutanaqisah is a diminishing contract. This means that the ownership of one party will decrease while the other will increase. This contract is used in home financing product at Islamic bank institutions. This contract is way better than the other contract, Bay’ Bithaman Ajil (BBA). This research problem is the customers are not clear on the act of the musyarakah mutanaqisah contract in home financing at Islamic banking institutions. This research objectives are first, to identify the musyarakah mutanaqisah according to Islamic perspective. Second, to analyse the implementation of musyarakah mutanaqisah home financing product at Affin Islamic Bank Berhad. As for collecting data, the researcher has use qualitative method which is document analysis and semi-structure interview. The finding shows that musyarakah mutanaqisah contract is being applied in the home financing product following the guidelines of Shariah. The contract is implemented in accordance to Shariah guidelines because it must be Shariah compliance contract. This way the contract could be accepted to be implemented in Islamic banking institutions. There are no elements of interest, uncertainty and gambling in this contract because it will be the same as conventional loan. This contract is needed in the Islamic banking so that the Muslim could buy houses using Islamic contract and for the non-Muslim, it could be another option for them. This contract is beneficial for both Muslim and non-Muslim customers. The implication of this contract is that it will make both parties beneficial. Both parties will get their benefit when they are binding in this contract

17 Teen Collection / Abdul Majid Kipli…[et al.]

Company 17 Teen Collection Boutique is a clothing production from, providing product and services especially for the fashion-conscious men and woman-preferred age between 18 to 25 years old. The company consist of: Hafiz lqbar Bin Manan, as General Manager, Muhd Syazawan Bin, Hatta as Administration Manager, Abdul Majid Bin Kipli, as the Marketing Officer, Mohd Syafiq Bin Kamal as Operation Planner and Muhd Najimuddin Bin Tahir as the Financial Planner. The company started its operation in January 2013 in the Spring Shopping Mall, Jalan Simpang Tiga , Kuching. The aim of this company is to meet the wants and needs of the fashion­conscious men and woman especially youngster-which makes the main product of the company is clothing such as shirts, dress and also accessories. The company created or produce their product from their own factory which is located in Tabuan Jaya industrial area north of Kuching. With the capital of RM 150,000, the company made their purchase of machinery, office Equipment and needed Transportation to distribute the product. The marketing principle of 17 Teen Collection Boutique is to provide the best quality products and services to the customers. In addition, it is also necessary to assume greater effort to create a marketing strategy, so that existing shares to the multiplication again to continue the business competition. Efforts will be undertaken by introducing new products that can compete on par with the other company , also markets a similar product. In terms of marketing strength, 17 Teen Collection have a rededicated workers and they are committed to their work and responsibility. Currently, company have had 10 full-time employees with experience and educational background that suits the_ thus giving them the opportunity to provide training for semi-skilled workers to increase their extension. Meanwhile, our company is staffed by employees, tellers have ten and a clothing designer who has extensive knowledge about the field as an example of the company's ever worked as a designer clothing outside the country and describing the added value to the company to produce quality clothing for youth courses. Based on observations in the estimated value of the company profits increased with the advent of more and more customers and increasing customer demand for new clothes from the company of other aspects of the clothing trends forward. In addition, the increase in profit on clothing increased by RM 60 050 a month, for each year close to RM 960 I 02 per year and 5% in first opening primes for estimated gross hoped this business would continues to thrive and grow in the future. That only can we explain in our company, it is hoped can be launched as planned in all of this establishmen

Evaluation of corrosion and wear behaviour of nickel tungsten carbide electrodeposited with different tungsten carbide concentration and current density

Cermets (ceramic-metal) materials have been popular for wear and corrosion application due to their ability to withstand both conditions. In current work, cermets tungsten carbide-nickel (WC-Ni) composite coating has been deposited using direct current (DC) electrodeposition in Watt’s bath on mild steel. The current density were varied at 0.08 Acm-2 , 0.14 Acm-2 and 0.20 Acm-2 while others parameter i.e. bath temperature and stirring rate were remain constant. Three carbide concentrations were used that are 15 g/l, 20 g/l and 25g/l. This work is focusing on determining the effect of current density and carbide concentration to the wear and corrosion behaviour of WC-Ni cermet coating. The surface morphology, microstructure and elemental composition were analysed using scanning electron microscope (SEM) with energy dispersive spectroscopy (EDS). The wear and corrosion behaviour were evaluated using weight loss methods and three electrode electrochemical tests respectively. The abrasive wear was done against 800 grit silicon carbide paper. While for corrosion test, two types of electrolytes that were used are 0.5 M sulphuric acid and 3g/l sodium chloride at room temperature. The micro-hardness of the coating was analysed using Vickers micro-hardness tester with 100g load. It is found that, the wear resistance increases with increasing of carbide content and current density. The corrosion resistance was also increase with increasing of carbide content. For current density, it is slightly decrease of corrosion resistance after deposition at 0.20 Acm-2 due to uneven distribution of carbide. The hardness of the cermet coatings were increase with increasing of carbide content and current density. It can be concluded that with 25g/l carbide and at 0.14 Acm-2 current density shows the optimum combination to achieve high wear and corrosion resistance