www.kerenmalki.org/images/NBC_Arab_Bank_Front.jpg

As we already know the arab community have a great respect of their holy book "the quran" and all their everyday life activities are based in what is written in it. In regards to the banking system, with the development of viable alternatives
to conventional finance increasingly enables Muslims to participate in the financial
world without violating their Islamic principles and without bearing the economic
penalty that comes from non-participatio.
Currently, the Islamic banking industry consists of several hundred billion dollars,
and more than 300 financial institutions in and outside the Muslim world.

AND NOW..WHAT IS ISLAMIC BANKING???
Islamic banking can be considered banking with a consciencE; it is based on two main financial principles. Firstly, investment is to be made in the private sector through interest-free financing. Secondly, the development of financial instruments is to be done on the basis of profit and loss sharing as well as sharing risks. Another important fact is that this type of banking is based around Shariah (prohibition of interest charge).

WHY A PROHIBITION OF INTEREST CHARGE??
Islam considers interest an unjustified increase of capital, with no effort made to earn it, it is considered of false value, and therefore is prohibited.

NOW, WHAT ARE THE DIFFERENCES BETWEEN ISLAMIC BANKING AND CONVENTIONAL BANKING???

ISLAMIC BANKING: -Interest is prohibited
-High degree of stability
-Customer shares the profit and loss with the bank
-The bank acts like an investment company, selling its stocks to
the public
-Bank and clients act like joint investors

CONVENTIONAL BANKING: -Charge of interest
-Lower degree of stability
-customer obtains fixed interest from
the bank and does not share loss

AN INTERESTING VIDEO...FEEL FREE TO WATCH IT!

http://www.youtube.com/watch?v=VunoFPhZha8

http://colombiareports.com/pics/2008/10/cut.jpg


Aside from the three main national unions existing in Colombia, there are also other unions wich represent workers from a particular economic sector, like the USO of the oil industry.
The other major sector union is FECODE (Federación Colombiana de Educadores, or Colombian Teachers Federation, official website: ). It represents teachers nationwide.
There was a time during the 20th century where other sector unions and company's unions were very important as well, but now the three main national unions, (CTC, CGT and CUT, and now the UTRACUN), plus the sectorial USO and FECODE are the main organizations.

There is an estimate, that only 20% of Colombian workers is represented in these national unions, or Central, also because private companies also have their own unions, but these workers would loose benefits if they were to merge into any of these three main Centrals, because not only these Centrals support labor rights, but also may support political candidates, specially leftist candidates, coming mainly from the PDA (Polo Democrático Alternativo, or Alternative
Democratic Pole), which is the merger of AD and PDI parties.

Taken from:http://flagspot.net/flags/co%7Dtrade.html

http://lmab.nu/poland/trade%20union.jpg

Over the last twenty years there has been a widespread decline in trade union membership throughout most of western Europe. Since the fall of the Iron Curtain in 1989, unionisation in many eastern European states has collapsed at an even more dramatic rate. In Poland, for example, today's 14 % level of unionisation is in marked contrast to that of the Soviet-controlled era, when almost all workplaces were unionised. Most of those who remain trade union members in Poland work for former state-owned companies.

In only 8 out of the current 27 member states of the European Union (EU) are more than half of the employed population members of a trade union. In fact, the EU's four most populated states all have modest levels of unionisation, with Italy at 30%, the UK 29%, Germany 27% and France at only 9%.

As a consequence, three out of every four people employed in the EU are now not members of a trade union. Furthermore, in every EU country outside Scandinavia (except Belgium), trade union membership is either static or continues to decline. Even in the UK, where a clear formal procedure for trade union recognition was introduced through the 1999 Employment Relations Act, the unionisation of employees has remained stable.

FedEE estimates that, in the medium term, the average level of unionisation across the EU will fall even further - from 26.3% today to just under 20% by 2010.

Taken from: http://www.fedee.com/tradeunions.html

http://www.talkmorocco.net/ I personally liked this blog very much because i think is a great idea to create a space where people can speak freely, express their ideas without any barriers and say what they want without any fear. AWESOME!!!


http://ecoplaneta.mangasverdes.es/ I liked this blog because it talks about a very sensitive subject that affects all of the human society, and this blog shows exactly the problems that the world is having right now environmentally and how humans contribute to it!!!.