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Don961 » May 9th, 2019
Digital economy "Islamic" experience to raise global production
- 46 Minutes Ago
Researcher Shatha Khalil *
The digital economy is the interaction, integration and coordination between information technology and communication technology on the one hand, and the national and international economy on the other, and technology plays a strategic role in increasing economic growth and reforming the economic, trade and financial mechanisms.
The digital economy relies on information in its entirety and allows access to information technology in various economic activities. Most of its steps are based on the use of ICTs that have eliminated all barriers and barriers to the flow of information, goods, services and capital flows to and from any point in the world, at any time. .
Leading to profound changes in lifestyles in various areas, both at the personal level, at the community level, and in the economy and the environment.
The digital economy sends and receives any amount of electronic currency instantaneously at any moment and anywhere, and provides the disclosure, transparency and neutrality of all information on digital currency transactions, and the advantages of the digital economy that it depends on the minds of humanity mainly, and the rest of the other elements related to pension and lifestyle and others Support is more than being an effective actor or engine.
As most of the methods and means of implementing economic activities have changed, and their impact has been positively reflected on society in general. The transformation of the digital economy can change and achieve new events that positively affect the economic interests of the countries in general.
Despite the modernity of the digital economy, it has become one of the most important sectors of the macro-economy. It has two types of influence. The first is direct. It is the gross output of most of the digital commerce, promotion and marketing operations in full form, and the production and sale of digital applications for management, .
The second indirect effect is the stimulation of local markets, the globalization of their products and the access to new markets that are difficult to reach by conventional methods.
The characteristics of the digital economy:
• It is characterized by work on building the information society by using ICT to achieve development goals.
• The balance of the economic institution depends on the stock of knowledge and information, can also run economic activities and projects through the Internet without the need for the actual movement of individuals or institutions.
• It works in trading electronic contracts, which requires providing guarantees and safe environment for individuals to complete their various commercial transactions, thus reducing the effectiveness and usefulness of the current laws and regulations (legal system, banking and commercial), and here comes the need to study and qualify for modernization and development of legal systems to ensure the best results less Losses.
• Strongly related to the many changes that take place in the industrial environment, especially with regard to ICTs, as they affect each other positively.
• A research study by Accenture Consultancy and Technology Services revealed that the digital economy is capable of raising global production by about $ 1.5 trillion, which means raising global output by 2.2%, accounting for 22% of the global retail sector, 28% of the health sector. % Of consumer goods.
"Recognizing the importance of the digital economy and its opportunities for growth and competitiveness, especially for small and medium-sized enterprises, we have placed this sector within the priorities of our work, which is embodied in the updated strategy of the Dubai Islamic Economic Development Center 2017," said Abdullah Mohammed Al Awar, Executive Director of Dubai Islamic Economic Development Center. -2021 ».
The Islamic economy is still growing, making it more appropriate than the traditional economy to accommodate digital developments. The digital economy has revolutionized the power equation in the markets. As programs and applications are owned exclusively by large dominant companies, they are now available to small and young businesses and enable them to reach Markets and consumers to define the quality of their services and products.
Islamic Economics:
Islam is concerned with the organization of relations and economic matters like any other life matters, and the establishment of a set of rules based on the origins of the Islamic faith; namely, the Holy Quran and Sunnah and the jurisprudential jurisprudence, and all of them are interested in following up the economic works within the social environment and relied on many Quranic verses and Hadiths The Noble Prophecy in the formulation of many of the basic rules of the Islamic economy, and the Koranic verses that referred to usury, saying: (and God forbid sale and prohibited usury), as the Islamic economy (Interpretation of the meaning): "O ye who believe!
It is clear to us that the Islamic economy is fertile ground for innovation and innovation. Its culture is new and its products need to be promoted and recognized as important. The world is racing towards adopting Islamic finance, all of which require the creation of tools, programs and applications that facilitate the world's access to this kind of economy. , The incubation of innovations in the Islamic economy, and the promotion of youth, which will enhance the ability of young people to understand and absorb the needs of markets and to create their growth requirements.
The first Islamic digital platform for the exchange of gold-backed digital currency was launched on the sidelines of the Fifth Islamic Finance Conference in Doha on 19-03-2019. This achievement is the result of work, studies and cooperation between the QFC, Ibadah Inc Malaysian.
The real I-Dinar digital symbol is a form of electronic gold wallet, but it can be used as a common denominator for the execution and settlement of many financial, exchange and trading operations.
With regard to the future development of the I-DINAR platform and the electronic stock exchange, it requires the development of the role and presence of many institutions operating in the field of financial services, especially the specialized banks, which are used to provide financial solutions and tools necessary to conduct financial and business operations with complete accuracy and security, Global acceptance criteria and rapid technological and electronic development.
The Islamic platform for currency exchange is a turning point in technology, especially as it will provide many advantages, including the settlement of many financial operations and exchange and trade, and allow trading with or for any goods or products or currencies encrypted or any combination of solutions and financial tools as well as Financial and commercial contracts from anywhere and at any time worldwide easily.
And that the determination of the value of 1 dinar within the Islamic electronic platform, which will be titled "I - dinar" one gram of gold, which means that it will form a portfolio of electronic gold, so the exchange and circulation of this currency on the Internet will be in exchange for my eye and the amount of gold, In line with Islamic principles. Investors and customers will be able to maintain their assets and properties safely and easily, with all financial and commercial transactions being completed quickly.
One of the major challenges facing developments in the Islamic digital economies and in the Arab countries is the digital divide between reality and expectations according to the needs of individuals and institutions compared with developed countries. The threat of privacy and cybercrime is one of the challenges, Information Technology This digital and information economy must be protected to ensure the confidentiality, integrity and availability of data around the clock.
The latest challenge is to organize this virtual world and to set its foundations and legislations to achieve its desired goals while keeping pace with the rapid changes witnessed in such areas.
We reach a conclusion to reach the digital world We need continuous development by increasing investment in information and communication technology by upgrading infrastructure, increasing the number of computers and their uses in transactions and jobs, increasing the number of subscribers in the international information network, adapting and using the ready and detailed software in the management of economic activities Commercial, productive, financial, marketing, human resource management and educational and training activities.
Economic Studies Unit
Center for Research and Strategic Studies
link
A report reveals the recent text of Abdul-Mahdi to Pompeo: Iran is our neighbor and we do not want problems
Policy , 2019/05/09 17:18
BAGHDAD, Iraq -
US Secretary of State Mike Pompeo's four-hour visit to Baghdad, during which he met with President Barham Salih and Prime Minister Adel Abdul-Mahdi, discussed ways to "counter the Iranian escalation" and told the accompanying press delegation that " To protect the interests of the United States. "
The newspaper "Lebanese News" in a report, "aware of the movement of Abdul-Mahdi confirm that Washington is dealing with the man with caution," and deal with him according to the report on the basis that "not a friend, but a collaborator with Tehran," while "Abdul Mahdi calm during "We are Iraqis, Iran is our neighbor, we do not want any more problems with neighboring countries, we do not want to engage in war (of whatever kind) against any neighboring country as you ask us."
"We do not like a neighboring country at another expense, and we do not want to be inclined with you," he said, warning that Iraq was in trouble with Iran, which according to the report's sources left a negative impression on the American guest.
The report quoted an Iraqi political source as saying, "We sought from the talk of Pompeo that violent action against Iran, or the resistance factions and the mobilization forces deployed in the west of Iraq looms on the horizon, and therefore the official bodies to protect US interests and their citizens in Iraq from any reaction," the Although Pompeo himself denied that his country "wants to interfere with any party in Iraq," or "attacking another country inside Iraq."
On the position of Pompeo of the armed factions in Iraq, the report quoted an Iraqi security source as saying that "Pompeo gave the government a detailed report on the monitoring of the resistance factions of the US military presence ... He revealed some of the surveillance devices owned by those factions," adding that "Pompeo Expressed his fear, and frankly, of the reaction of the resistance factions in the event of tension to the field, especially as America has a large embassy in Baghdad, consulates spread throughout the territory of Iraq.
A source from within the factions, according to the report, said that "there is no real and serious decision to open a front right now against US forces, especially that the expected confrontation with them will be legal, through the passage of a law to remove US forces," adding that "Field data may turn to confrontation if the complexity of the scene more, especially as the possibilities are open, and the options possessed by the Iraqi resistance are many, and we wanted to deliver a message to the Americans ... has arrived." link
PMac » May 9th, 2019
Well well well... the VND making headlines? No where to go but up or implode huh? Darn straight!!
Frank26 » May 9th, 2019
WHAT WERE MY LAST WORDS OF DESSERT?....... SMILE
Moparman » May 9th, 2019
Oh boy oh boy, here we go. This is awesome to see. Trump is doing what he promised during his campaign. He is a great president. Now let this finally happen.
Call it two-fold projection by the US Treasury.
Bloomberg reports that the Trump administration will expand the number of countries it scrutinizes for currency manipulation in an upcoming report, citing "people familiar with the matter." Yet even after lowering the bar for foreign governments to come under scrutiny, such usual suspects as China, Japan, Switzerland, and Korea will escape scrutiny, and instead Steven Mnuchin's treasury will project the US government's impotence in calling a spade a spade, and will accuse a lightweight of manipulating its currency instead.
According to the report, so far the Treasury has examined its 12 largest trade partners and Switzerland. An expanded watch list could include Russia, Thailand, Indonesia, Vietnam, Ireland or Malaysia, all of which have large trade surpluses with the U.S.
Perhaps in order to provide comedic relief, Bloomberg reports that Vietnam may be named a manipulator outright for artificially holding down its currency - which as Zero Hedge readers know well - is called the dong, as it met all three criteria the Treasury Department uses to test for currency interventions (in a world in which every central bank manipulates its currency, these criteria are likely not being named China, Japan, which is buying almost every single Japanese ETF it can find to crush the yen, or Switzerland, which is aggressively buying Apple stock to continue to devalue the franc).
Internal debate is continuing over the issue and the administration has asked Vietnam to disclose more information before it releases the report.
While we do not know what specific criteria is used, we do note that the Dong has been materially limp relative to the excited surge in positivity that has seen Vietnam's CDS spread collapse.
https://www.zerohedge.com/news/2019-05-09/us-treasury-expands-currency-probe-may-name-vietnam-dong-manipulator
Source: Dinar Recaps
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
Don961 » May 9th, 2019
Digital economy "Islamic" experience to raise global production
- 46 Minutes Ago
Researcher Shatha Khalil *
The digital economy is the interaction, integration and coordination between information technology and communication technology on the one hand, and the national and international economy on the other, and technology plays a strategic role in increasing economic growth and reforming the economic, trade and financial mechanisms.
The digital economy relies on information in its entirety and allows access to information technology in various economic activities. Most of its steps are based on the use of ICTs that have eliminated all barriers and barriers to the flow of information, goods, services and capital flows to and from any point in the world, at any time. .
Leading to profound changes in lifestyles in various areas, both at the personal level, at the community level, and in the economy and the environment.
The digital economy sends and receives any amount of electronic currency instantaneously at any moment and anywhere, and provides the disclosure, transparency and neutrality of all information on digital currency transactions, and the advantages of the digital economy that it depends on the minds of humanity mainly, and the rest of the other elements related to pension and lifestyle and others Support is more than being an effective actor or engine.
As most of the methods and means of implementing economic activities have changed, and their impact has been positively reflected on society in general. The transformation of the digital economy can change and achieve new events that positively affect the economic interests of the countries in general.
Despite the modernity of the digital economy, it has become one of the most important sectors of the macro-economy. It has two types of influence. The first is direct. It is the gross output of most of the digital commerce, promotion and marketing operations in full form, and the production and sale of digital applications for management, .
The second indirect effect is the stimulation of local markets, the globalization of their products and the access to new markets that are difficult to reach by conventional methods.
The characteristics of the digital economy:
• It is characterized by work on building the information society by using ICT to achieve development goals.
• The balance of the economic institution depends on the stock of knowledge and information, can also run economic activities and projects through the Internet without the need for the actual movement of individuals or institutions.
• It works in trading electronic contracts, which requires providing guarantees and safe environment for individuals to complete their various commercial transactions, thus reducing the effectiveness and usefulness of the current laws and regulations (legal system, banking and commercial), and here comes the need to study and qualify for modernization and development of legal systems to ensure the best results less Losses.
• Strongly related to the many changes that take place in the industrial environment, especially with regard to ICTs, as they affect each other positively.
• A research study by Accenture Consultancy and Technology Services revealed that the digital economy is capable of raising global production by about $ 1.5 trillion, which means raising global output by 2.2%, accounting for 22% of the global retail sector, 28% of the health sector. % Of consumer goods.
"Recognizing the importance of the digital economy and its opportunities for growth and competitiveness, especially for small and medium-sized enterprises, we have placed this sector within the priorities of our work, which is embodied in the updated strategy of the Dubai Islamic Economic Development Center 2017," said Abdullah Mohammed Al Awar, Executive Director of Dubai Islamic Economic Development Center. -2021 ».
The Islamic economy is still growing, making it more appropriate than the traditional economy to accommodate digital developments. The digital economy has revolutionized the power equation in the markets. As programs and applications are owned exclusively by large dominant companies, they are now available to small and young businesses and enable them to reach Markets and consumers to define the quality of their services and products.
Islamic Economics:
Islam is concerned with the organization of relations and economic matters like any other life matters, and the establishment of a set of rules based on the origins of the Islamic faith; namely, the Holy Quran and Sunnah and the jurisprudential jurisprudence, and all of them are interested in following up the economic works within the social environment and relied on many Quranic verses and Hadiths The Noble Prophecy in the formulation of many of the basic rules of the Islamic economy, and the Koranic verses that referred to usury, saying: (and God forbid sale and prohibited usury), as the Islamic economy (Interpretation of the meaning): "O ye who believe!
It is clear to us that the Islamic economy is fertile ground for innovation and innovation. Its culture is new and its products need to be promoted and recognized as important. The world is racing towards adopting Islamic finance, all of which require the creation of tools, programs and applications that facilitate the world's access to this kind of economy. , The incubation of innovations in the Islamic economy, and the promotion of youth, which will enhance the ability of young people to understand and absorb the needs of markets and to create their growth requirements.
The first Islamic digital platform for the exchange of gold-backed digital currency was launched on the sidelines of the Fifth Islamic Finance Conference in Doha on 19-03-2019. This achievement is the result of work, studies and cooperation between the QFC, Ibadah Inc Malaysian.
The real I-Dinar digital symbol is a form of electronic gold wallet, but it can be used as a common denominator for the execution and settlement of many financial, exchange and trading operations.
With regard to the future development of the I-DINAR platform and the electronic stock exchange, it requires the development of the role and presence of many institutions operating in the field of financial services, especially the specialized banks, which are used to provide financial solutions and tools necessary to conduct financial and business operations with complete accuracy and security, Global acceptance criteria and rapid technological and electronic development.
The Islamic platform for currency exchange is a turning point in technology, especially as it will provide many advantages, including the settlement of many financial operations and exchange and trade, and allow trading with or for any goods or products or currencies encrypted or any combination of solutions and financial tools as well as Financial and commercial contracts from anywhere and at any time worldwide easily.
And that the determination of the value of 1 dinar within the Islamic electronic platform, which will be titled "I - dinar" one gram of gold, which means that it will form a portfolio of electronic gold, so the exchange and circulation of this currency on the Internet will be in exchange for my eye and the amount of gold, In line with Islamic principles. Investors and customers will be able to maintain their assets and properties safely and easily, with all financial and commercial transactions being completed quickly.
One of the major challenges facing developments in the Islamic digital economies and in the Arab countries is the digital divide between reality and expectations according to the needs of individuals and institutions compared with developed countries. The threat of privacy and cybercrime is one of the challenges, Information Technology This digital and information economy must be protected to ensure the confidentiality, integrity and availability of data around the clock.
The latest challenge is to organize this virtual world and to set its foundations and legislations to achieve its desired goals while keeping pace with the rapid changes witnessed in such areas.
We reach a conclusion to reach the digital world We need continuous development by increasing investment in information and communication technology by upgrading infrastructure, increasing the number of computers and their uses in transactions and jobs, increasing the number of subscribers in the international information network, adapting and using the ready and detailed software in the management of economic activities Commercial, productive, financial, marketing, human resource management and educational and training activities.
Economic Studies Unit
Center for Research and Strategic Studies
link
A report reveals the recent text of Abdul-Mahdi to Pompeo: Iran is our neighbor and we do not want problems
Policy , 2019/05/09 17:18
BAGHDAD, Iraq -
US Secretary of State Mike Pompeo's four-hour visit to Baghdad, during which he met with President Barham Salih and Prime Minister Adel Abdul-Mahdi, discussed ways to "counter the Iranian escalation" and told the accompanying press delegation that " To protect the interests of the United States. "
The newspaper "Lebanese News" in a report, "aware of the movement of Abdul-Mahdi confirm that Washington is dealing with the man with caution," and deal with him according to the report on the basis that "not a friend, but a collaborator with Tehran," while "Abdul Mahdi calm during "We are Iraqis, Iran is our neighbor, we do not want any more problems with neighboring countries, we do not want to engage in war (of whatever kind) against any neighboring country as you ask us."
"We do not like a neighboring country at another expense, and we do not want to be inclined with you," he said, warning that Iraq was in trouble with Iran, which according to the report's sources left a negative impression on the American guest.
The report quoted an Iraqi political source as saying, "We sought from the talk of Pompeo that violent action against Iran, or the resistance factions and the mobilization forces deployed in the west of Iraq looms on the horizon, and therefore the official bodies to protect US interests and their citizens in Iraq from any reaction," the Although Pompeo himself denied that his country "wants to interfere with any party in Iraq," or "attacking another country inside Iraq."
On the position of Pompeo of the armed factions in Iraq, the report quoted an Iraqi security source as saying that "Pompeo gave the government a detailed report on the monitoring of the resistance factions of the US military presence ... He revealed some of the surveillance devices owned by those factions," adding that "Pompeo Expressed his fear, and frankly, of the reaction of the resistance factions in the event of tension to the field, especially as America has a large embassy in Baghdad, consulates spread throughout the territory of Iraq.
A source from within the factions, according to the report, said that "there is no real and serious decision to open a front right now against US forces, especially that the expected confrontation with them will be legal, through the passage of a law to remove US forces," adding that "Field data may turn to confrontation if the complexity of the scene more, especially as the possibilities are open, and the options possessed by the Iraqi resistance are many, and we wanted to deliver a message to the Americans ... has arrived." link
PMac » May 9th, 2019
Well well well... the VND making headlines? No where to go but up or implode huh? Darn straight!!
Frank26 » May 9th, 2019
WHAT WERE MY LAST WORDS OF DESSERT?....... SMILE
Moparman » May 9th, 2019
Oh boy oh boy, here we go. This is awesome to see. Trump is doing what he promised during his campaign. He is a great president. Now let this finally happen.
Call it two-fold projection by the US Treasury.
Bloomberg reports that the Trump administration will expand the number of countries it scrutinizes for currency manipulation in an upcoming report, citing "people familiar with the matter." Yet even after lowering the bar for foreign governments to come under scrutiny, such usual suspects as China, Japan, Switzerland, and Korea will escape scrutiny, and instead Steven Mnuchin's treasury will project the US government's impotence in calling a spade a spade, and will accuse a lightweight of manipulating its currency instead.
According to the report, so far the Treasury has examined its 12 largest trade partners and Switzerland. An expanded watch list could include Russia, Thailand, Indonesia, Vietnam, Ireland or Malaysia, all of which have large trade surpluses with the U.S.
Perhaps in order to provide comedic relief, Bloomberg reports that Vietnam may be named a manipulator outright for artificially holding down its currency - which as Zero Hedge readers know well - is called the dong, as it met all three criteria the Treasury Department uses to test for currency interventions (in a world in which every central bank manipulates its currency, these criteria are likely not being named China, Japan, which is buying almost every single Japanese ETF it can find to crush the yen, or Switzerland, which is aggressively buying Apple stock to continue to devalue the franc).
Internal debate is continuing over the issue and the administration has asked Vietnam to disclose more information before it releases the report.
While we do not know what specific criteria is used, we do note that the Dong has been materially limp relative to the excited surge in positivity that has seen Vietnam's CDS spread collapse.
https://www.zerohedge.com/news/2019-05-09/us-treasury-expands-currency-probe-may-name-vietnam-dong-manipulator
Source: Dinar Recaps
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
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