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The Urgency of Transparency in Crowdfunding
A vital source of funding for a variety of initiatives from social causes to business endeavors is crowdfunding. In order to collect money from a wide range of people this model relies on contributors and fundraisers having mutual trust. But without transparency trust cannot be maintained which is why it is essential to the crowdfunding ecosystem. Transparency reduces the risks…
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SMEs are Important to the Singaporean Economy
Many people believe that small and medium-sized businesses or SMEs are the foundation of economies all over the world. Their importance is especially noticeable in Singapore where they make a significant contribution to the countrys economy. SMEs are vital for fostering innovation generating jobs and maintaining economic resilience even though they are smaller in size than multinational corporations (MNCs). This…
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Referral and Its Guideline in Islamic Law
In recent business landscape, referrals emerge as a popular marketing approach to acquire new customers while getting salesforce from existing customers and other people. While referrals provide a really good marketing leverage for businesses and represents a new way to have additional income for people, their application must adhere to the ethical and legal guidelines of Islamic law (Shariah). This…
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What are Potential Side Hustles for College Students?
Commonly college students look for ways to supplement their income without sacrificing their academic performance. There are several reasons for doing this including covering living expenses tuition costs or simply saving money. Establishing a flexible side business is the best way to continue pursuing a college degree while developing entrepreneurial skills. Some possible side gigs that are especially appropriate for…
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The Effect of Japan’s Recession on the Japanese Economy
Japan, once a global economic powerhouse, is currently grappling with significant challenges in maintaining economic stability. The ongoing recession reflects not only internal economic struggles but also highlights broader global issues. Characterized by prolonged stagnation and a depreciating yen, the situation has weakened Japan’s global economic position. This article delves into the root causes, effects across various sectors, and Japan’s…
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Excess Inventory: Recipe for Business Trouble
Inventory management is a critical element in achieving business success. Sufficient inventory enables companies to meet customer demands efficiently. However, having too much inventory can lead to operational and financial challenges that threaten business sustainability. This article discusses why excess inventory is a problem, its impact on businesses, and the solutions to manage and prevent it effectively. Why Is Excess…
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Bear and Bull Markets: Signs and Strategies to Navigate Them
In the world of investing, the terms bear market and bull market frequently arise to describe market conditions. These concepts not only reflect the movement of asset prices but also encapsulate the psychology and sentiment of investors. Understanding the characteristics and differences between these two market phases is essential for implementing effective investment strategies. This article delves into the nuances…
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Optimism Pessimism in Islam
Optimism is a core principle in Islam. Amid life’s trials and challenges, Muslims are encouraged to hold onto husnuzan—positive assumptions toward Allah. This approach brings not only inner peace but also strength to face life’s difficulties with patience and hope. Pessimism, on the other hand, is an attitude to avoid, as it can lead to despair, weaken faith, and hinder…
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EBITDA: How to Understand Operational Profit
EBITDA is one of the essential financial indicators used to assess a company’s performance. This term is frequently used by financial analysts, investors, and management to understand how efficiently a company generates profits from its core operations. This article will discuss what EBITDA is, how to calculate it, why it is important, and some criticisms of its use. What is…
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The Balance in Spending Wealth: Guidance from Surah Al-Furqan Verse 67
Surah Al-Furqan verse 67 provides essential guidance for Muslims on how to manage their wealth wisely. Allah subhanahu wa ta’ala says: “وَالَّذِينَ إِذَا أَنفَقُوا۟ لَمْ يُسْرِفُوا۟ وَلَمْ يَقْتُرُوا۟ وَكَانَ بَيْنَ ذَٰلِكَ قَوَامًا”(“And those who, when they spend, do so not excessively or sparingly but hold a middle way between those extremes.”)— (Surah Al-Furqan: 67). This verse emphasizes the importance of…
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