Cmo afecta la ley HB87 de Georgia a los indocumentados

Cmo afecta la ley HB87 de Georgia a los indocumentados La ley de Georgia HB 87, considerada como restrictiva de la inmigracià ³n, impone castigos a los inmigrantes indocumentados que viven dentro de las fronteras de ese estado. Y es que aunque las leyes de la inmigracià ³n son federales y, por lo tanto, son iguales todo Estados Unidos sin importan donde se resida lo cierto es que cada estado puede pasar medidas de apoyo a los migrantes, legales y/o indocumentados o, por el contrario, restrictivas de los derechos de los sin papeles. Ese à ºltimo es el caso de Georgia, pero no es el à ºnico. Destacan en ese sentido las leyes de Arizona, Alabama y Carolina del Sur. Si usted es uno de los 480 mil indocumentados que vive en Georgia o se planea mudarse a vivir a ese estado es conveniente saber los puntos bsicos de la ley HB-87 tal y como se aplica en la actualidad despuà ©s de que varias organizaciones demandaran con à ©xito irregular la suspensià ³n de algunas partes de la ley. Cà ³mo afecta la ley de Georgia HB-87 a los indocumentados En primer lugar, en aplicacià ³n de la ley de Georgia HB-87 las empresas con ms de un cierto nà ºmero de trabajadores deben utilizar el programa federal e-Verify para garantizar que sus los empleados son ciudadanos americanos o estn legalmente autorizados para trabajar en Estados Unidos. Asà ­, todas las agencias estatales y todos los empresarios privados con ms de 500 empleados deben verificar el estatus legal de todos los nuevos trabajadores. Desde el 1 de julio de 2012, est obligacià ³n se ha extendido a todas las empresas con ms de 100 empleados y desde el uno de enero de 2013 se extender a todas que tengan ms de 10 trabajadores. Adems, la utilizacià ³n de documentos falsos como licencias de manejar, tarjetas de la seguridad social o green cards con el objeto de obtener empleo est castigado con multas de hasta $250,000 y con penas de prisià ³n por un mximo de 15 aà ±os. Asimismo, todas las peticiones de ayudas para la vivienda o para la compra de alimentos (food stamps) debern acompaà ±arse por la presentacià ³n de determinada documentacià ³n que pruebe el estatus legal del solicitante. Y quiz lo ms digno de resaltar es que  la policà ­a estatal y local puede verificar el estatus migratorio de las personas a las que para o detiene. Es lo que se conoce como la polà ­tica de muà ©strame los papeles (show me your papers, en inglà ©s). Es de destacar que se autoriza a la policà ­a a pedir los papeles pero no se hace mandatorio que debe hacerlo. Asà ­, por ejemplo, las fuerzas del orden del estado de Georgia podrn pedir papeles para verificar el estatus migratorio de las personas que manejen un auto sin la debida licencia. Disposicià ³n de la ley de inmigracià ³n de Georgia HB-87 que est suspendida   Por decisià ³n de la Corte de Apelaciones de Atlanta sigue en suspenso la seccià ³n de la ley que penaliza a todas las personas que a sabiendas, acogen en sus viviendas o transportan a un inmigrante indocumentado cuando se est cometiendo un delito. Derechos de los migrantes indocumentados Los migrantes indocumentados, a pesar de su estatus, tambià ©n tienen derechos si son arrestados o parados. En estos casos es muy importante que reciban un buen asesoramiento legal si sus caminos cruzan el de las autoridades y, por su puesto, si reciben una citacià ³n para presentarse en una corte de Inmigracià ³n, ya que el no hacerlo tiene consecuencia una orden de deportacià ³n (de la que es posible no saber que se tiene). Adems, en casos de arresto o/y inicio de procedimiento de deportacià ³n conviene consultar con un abogado si es conveniente solicitar una salida voluntaria, ya que puede tener ventajas si no hay forma legal de parar la deportacià ³n. Por à ºltimo, destacar que incluso en Georgia los muchachos con la Accià ³n Diferida aprobada (DACA, por sus siglas en inglà ©s) pueden obtener la licencia de manejar. Y que hay ciertos beneficios sociales mà ­nimos reconocidos por las leyes federales que se tienen que cumplir, como el acceso a Wic para el caso de bebà ©s, infantes y embarazadas o la asistencia en clà ­nicas comunitarias e incluso en ER de hospitales en los casos de peligro para la vida. Este artà ­culo es informativo. No es asistencia legal para ningà ºn caso concreto.

Play Review - Alls Well That Ends Well essays

Play Review - All's Well That Ends Well essays I saw the play "All's Well That Ends Well" at the Chicago Shakespeare Theatre. The theater space was a three-quarters thrust and the theater was intimate allowing anyone to see just about anyone else in the theater. The seating also allowed everyone no matter where you sat to get an up-close view of the action. Barbara Gaines who is a regular at the Chicago Shakespeare Theatre directed the play. his theater experience was very great for me, as I have seen very few plays before. To start off, the parts of the play I believed were strong was the year the director decided to have the play take place in. In the 1860s, the outfits they wore were absolutely stunning. The women and men all looked very good and the distinguishment between the upper class and lower classes could be seen very well. Another nice asset about the 1860s is that the way the women were treated was much like the way they were treated in Shakespeare's time. Another strong point of the play was the little use of props. The place they were at was easily distinguishable thanks to lights shining on the floor and the few sets that were used. I believe big, elaborate sets get in the way of the acting and action. The best performances are the ones that are clear and use little props. The play accomplished just that. There was, however, one prop I did not like. They draped the floor at one point with this nasty 3-color sheet. I believe that was not necessary because I could stop staring at it and thinking how ugly it was. The production made me feel a bit different than I thought I was going to feel. At first, the play was slow, but the end was absolutely wonderful. The productions started with a great representation of how Helena and Bertram felt towards each other. It could be seen that Helena was extremely in love and Bertram did not want to marry Helena because he was not in love at all. In the end however I got a different impression than I did in the writings. ...

Assignment. Production Methods Assignment Example | Topics and Well Written Essays - 750 words

. Production Methods - Assignment Example Shaping occurs through stitching darts, which are essentially dimples that intermittently signal lower quality. Pressing darts are another type of dart used for panels, which ensure the precision of spacing and grain significance (Assembly and Finishing 54). c. Piece - During production, garments are made essentially by putting together pieces in a particular order. These pieces are major parts of subassemblies completed by joining parts during the panel phase. Examples of pieces in garment production are the front and back of an individual garment (Assembly and Finishing 55). Joining these two pieces to make the final clothing. The final clothing is the product. d. Product - This is the finished garment. A product is the ultimate outcome of the garment production process. A summary of this process is the addition of these four Ps in a sequence or equation, i.e. parts + panels=pieces and pieces + pieces=products (Assembly and Finishing 56). The four Ps are mostly vital to the sizing and fit of the product, meaning faults during any phase can affect the finished garment. 2. The system of assembly that I think works best in today’s world is PBS since it itemizes production steps into a set of separate activities. Many garment production houses today need separate machines carrying out separate functions, at different times. With the PBS, every sewing machinist has to be skilled in the appropriate strategy to a particular task (OECD 44). Garment manufacturers today seek to make the most of the output of both dedicated machinery and individual operators, which is a merit that PBS users indeed enjoy. Even though many garment assembly units use the PBS, combining them with the Modular Production System (MPS) and Unit Production System (UPS) is proving successful and cost saving. PBS users often have to deal with obstacles caused by absenteeism or varying outputs amongst operators and workers. MPS and UPS users often do not have to come

The position of infrared in the world of photography Essay

The position of infrared in the world of photography - Essay Example Therefore, it is the focus of this essay to answer what extent is infrared photography an artistic endeavor? Specifically, to investigate the extent that photography is a central aspect of the artistic message or a gimmick used to enhance the photograph without artistic merit. Infrared photography emerged in the early 1900s as the Royal Photographic Society published the first infrared photographs in October 1910. The development of infrared film was actually done by the US government during World War I to improve haze penetration in aerial and night photography. Scientifically, infrared films capture the part of the spectrum that is beyond our visibility, called infrared light. The diagram shows the electromagnetic spectrum, infrared has a higher wavelength than visible light. The Electromagnetic Spectrum. (n.d.). Retrieved from http://www.antonine-education.co.uk/physics_gcse/Unit_1/Topic_5/em_spectrum.jpg The wavelength of infrared photography begins at 700 nanometers and ends at around 1000 nanometers, with visible light only between 390 to 740 nanometers of wavelength. This characteristic gives it the ability to capture images in the dark and create unique photographic effects and colors. Infrared photography really took off commercially in 1930, when the first infrared films were introduced and soon became very popular. Through time, infrared photograph established its irreplaceable place among the various styles of art photography and has continued its journey into the digital age. In investigating the research question, one of the greatest challenges is establishing a working definition of art. Philosophic investigations into the nature of art date to at least Greek antiquity, with Aristotle’s Poetics advancing the notion of mimesis as the central tenant of the art object. With social and technological progress came a change in the nature of artistic expression, such that during the Renaissance and Enlightenment periods the role of the artist cha nged from one of a craftsman to a Romantic notion of the artist as intellectual or genius. The 20th century experienced a shift from the Modernist to Post-Modernist era and witnessed revolutionary changes in the nature of art. Influenced by the scientific discoveries of Albert Einstein and Sigmund Freud, artists such as Pablo Picasso and Salvador Dali used art to explore these new intellectual paradigms of reality; Marcel Duchamp would even call into question the very nature of the art object. It is in this contemporary context that the notion of photography as art emerges. Perhaps the most seminal theorist in this regard was Susan Sontag, who in works such as Against Interpretation and On Photography formulated a number of aesthetic principles. Sontag argued that the nature of art is to capture that which is magical or irrational, and that art must be understood in terms of not only its meaning making content, but along with its formal elements as a comprehensive whole. While such a mode of understanding resists easy definition, for the context of this essay art is defined as the arrangement of formal style with content in a way to enact meaning through affecting the senses or emotions. Artistic photography affects the senses or emotions by selectively presenting aspects of our surroundings or objects in photographic form. Conversely, a gimmick is popularly understood as â€Å"a unique or quirky special feature that makes something "stand out" from its contemporaries.† 1 In the case of photography, gimmick is simply the employment of a feature or effect to enhance the picture. While gimmicks meet the formal criteria, they lack the necessary elements of intention and meaning to be considered

Logos and Pathos Appeals in Taking What is not There Essay

Logos and Pathos Appeals in Taking What is not There - Essay Example He aims to convince the affected communities along these water sources to organize and mobilize against taking more than what actual water levels are and to fight water pollution. Midkiff seeks to persuade people to conserve water and to ensure that politicians manage the waters more efficiently through equitable treatment of all users, and he effectively uses pathos and logos appeals, where he describes, compares and contrasts current and recommended systems that can improve water management and conservation, and uses irony and sarcasm to provoke a sense of urgency in attaining his rhetoric. In order to effectively persuade people to understand the gravity of the water management problems in the country, Midkiff uses description to show how serious America’s water problems are, with specifications for the Colorado River and Rio Grande. These specifications appeal to the rationality of the people, so that they will understand that their demand for water is way beyond the produ ction capacity of their water systems. For the Colorado River, Midkiff illustrates that the 1920s flow of the Colorado River is not the same as present times: â€Å"Recent estimates indicate that only 10 percent of the flows in the 1920s now reach the gulf, and this trivial amount is heavily polluted with agricultural runoff- pesticides, herbicides, and fertilizer† (2). ... ime the Rio Grande arrives at the International Bridge, it looks far from the lush and clean river its used to be: â€Å"The barely flowing water is a putrid greenish yellow, filled with herbicides, pesticides, and fertilizers carried by the ‘return flows’ from irrigated cultural lands and with the polluted discharges of the maquiladoras (U.S. factories in Mexico)† (Midkiff 9). This description highlights how rivers die because of human-made pollution. Also, in both rivers, high water demand exerts too much pressure on these rivers. Midkiff says that when Rio Grande flows to Albuquerque, it almost dries completely, after it passes to numerous communities that use its water. The dryness of some parts of these rivers and the polluted waters indicate that the water systems of these communities are in danger. Midkiff effectively explains that if these waters are in danger, the people’s survival is in danger too. Midkiff uses comparing and contrasting approach o f different uses and solutions to the water problems to emphasize that only the people can organize to save their water resources, and this process combines appeals to logic and emotions. For Rio Grande, Midkiff compares and contrasts the difference between what the river can offer and what people demand for it. He stresses that the Lower Rio Grande Valley is â€Å"a shadow of its former self† (11). The Sabal Palms Refuge is already affected by falling water levels (Midkiff 11). The water levels are declining because of overappropriation and pollution, and by explaining how the river dries because of these factors appeals to logos. Aside from logos, Midkiff adds heart-wrenching images to tug people’s hearts. In the Sabal Palms Refuge, plants and animals are dying (Midkiff 11). The image of these living things

Othello Essay Example for Free

Othello Essay The language of sin is not just Ð ° theologically freighted way of talking about morally bad acts; it points to Ð ° deeper flaw within human life as we experience it, Ð ° perversion of outlook and desire that we may come to recognise but cannot fully evade. Overview According to Ð ° view going back to Aristotle (and probably earlier); someone who acts out of Ð ° mistaken belief about Ð ° relevant matter of fact may not be morally culpable for what would otherwise be Ð ° bad action. For example, Ð ° doctor who administers an antibiotic without realising that his patient is allergic to it is not guilty of murder if the patient subsequently dies, assuming that the mistake in question is Ð ° good-faith error which the doctor could not have avoided (perhaps the patient neglected to give the correct information about allergies when asked to do so). In this kind of situation, ignorance of relevant facts would seem to render the act in question involuntary in Ð ° qualified respect that is to say, precisely considered as an act of murder. (Travitsky 184-96) And since we presuppose that someone is morally responsible only for her freely chosen actions, it follows that in these kinds of cases, the agent cannot be regarded as morally culpable for what is objectively Ð ° bad action. In the tragedy of Othello, many animal references are made by Iago to the people he disrespects. The purpose of Shakespeare depicting Iago as Ð ° character who perceives others as animals is to show his dominance and his representation of mankind, illustrating his superiority over others. The interpretation of Iago signifying mankind reveals another side of him, his bestial nature. (David et. All 1335-38) Discussion Aristotle apparently did not believe that the same line of analysis could be applied to someone who acts out of Ð ° mistaken moral view, and Aquinas and most other scholastic theologians would have agreed, albeit not always on Aristotelian grounds. 2 However, in recent years Ð ° number of moral theologians and some philosophers have argued that moral mistakes do obviate moral guilt that is, someone who acts out of Ð ° sincere but wrong belief that Ð ° given kind of action is morally permissible cannot be regarded as morally culpable for what she does, even if the act in question is in every other respect voluntary. Of course, if this extension of the Aristotelian argument is to be plausible, one would need to add that the mistake in question is not itself the result of prior wrong-doing, and that the agent has taken due care to form his conscience appropriately and to determine what he genuinely owes to himself, to other persons, and (perhaps) to non-human entities or to God. Given these qualifications, however, one might say, for example, that Ð ° doctor who kills her patient in the sincere but (let’s assume) mistaken belief that she is justified in thus ending his suffering is not subjectively guilty of murder. The agent freely commits, and is therefore morally responsible for, Ð ° kind of action that (by hypothesis) meets the objective criteria for murder; yet given that she acts out of Ð ° mistaken belief that the act in question is not morally wrong, she does not commit Ð ° voluntary act of murder, considered precisely as an act of wrongful killing. (Straznicky 104-34) This is at least Ð ° plausible view. It seems harsh to regard someone as morally guilty for an action carried out under the mistaken, yet sincere and conscientious belief that an act of the relevant kind is morally justified particularly when we reflect that none of us can be certain that our own moral beliefs are correct in every respect. What is more, this line of analysis seems to correspond to at least some widespread intuitions. I believe most people in industrialised societies would be prepared to take this line with respect to cases involving widely controversial and difficult issues, as presented, for example, by an act of euthanasia. However, in other kinds of cases, we may well balk at the conclusion that moral ignorance justifies Ð ° particular line of action. Imagine Ð ° doctor who kills her patient because he is an extremely unpleasant old man who is tormenting his family for no good purpose; what is more, he has left Ð ° large sum of money to Ð ° charity which desperately needs it. The doctor sincerely believes that the needs of this man’s relatives and the demands of the common good override her obligations not to kill, and she acts accordingly. (David et. All 1335-38) Analysis In response, it might be said that some moral norms are so obvious that no one could make Ð ° good faith mistake about them; thus, Ð ° mentally competent adult who genuinely does not know that murder is wrong must be guilty of (at least) culpable neglect. This argument fits well with what came to be the dominant scholastic view on ‘ignorance of the law’ with respect to the natural law that is to say, since the fundamental precepts of the natural law are in some sense innate, Ð ° competent adult cannot fail to grasp them unless she is guilty of some kind of prior wrong-doing or negligence. Some contemporary theologians extend this line of analysis as follows: Admittedly, some moral mistakes are ipso facto evidence of prior wrong-doing, negligence, or bad faith. Yet, at least with respect to the difficult and complex questions we face today, genuine, non-culpable moral mistakes are both possible and exculpating. (Travitsky 184-96) This line of analysis, in turn, lends credence to Ð ° widespread view according to which one’s moral status depends exclusively on the orientation of the agent’s will as expressed through her freely chosen actions (considered either singly, or as comprising an overall pattern of behaviour). Straznicky 104-34) On this view, Ð ° mistaken moral judgment, while regrettable, has no moral significance in itself. In the words of John Coons and Patrick Brennan, ‘It is, then, plainly plausible that while humans have Ð ° primary obligation to seek correct treatment of others (and self), their honest pursuit of that ideal effects whatever moral perfection is possible to the individual’. Certainly, it is true that Othello acts as he does out of Ð ° mistaken belief about Desdemona’s infidel ity. But I want to argue that this mistake alone would not account for his act, were it not for other mistaken beliefs he holds, at least one of which clearly concerns Ð ° moral principle. Before moving to that point, however, is it worth spending some time over Othello’s factual mistakes (I believe he makes more than one), seen in the context of what we are shown about his overall character and disposition. Even if we bracket the special difficulties raised by moral mistakes, the moral significance of mistaken beliefs is not as straightforward as we may assume or so Othello’s example would suggest. (Jane et. All 19-47) Othello’s story is Ð ° tragedy, and not just Ð ° very sad story, because it is the story of the destruction of Ð ° noble, deeply admirable man brought about through his own weaknesses, systematically exploited by Ð ° malicious enemy. In order for this story to have the force that it does, Shakespeare must first of all make it clear that Othello really is noble and deeply admirable. This point is sometimes obscured by the vulgar racist slurs directed against him by Iago and at least tacitly accepted by some of the other characters (see, for example, I. 1, 88–89). Yet isn’t this the kind of thing that we would expect Iago to say? Shakespeare takes pains to show that Othello himself does not fit the stereotypes of the lustful, rash and unthinking black man on which Iago trades. On the contrary when we first see him, in the encounter with Brabantio (Desdemona’s father), it is the latter that is rash and unthinking, not to say hysterical, whereas Othello is Ð ° model of self-restraint under extreme provocation (I. 2, beginning at line 58). He defends himself before the Venetian senate in terms of great dignity and candour, and his account of his love for Desdemona makes it clear that he truly does love her, just as her love for him is no girlish infatuation, but an intelligent response to his past sufferings and his noble character (I. , 129ff. ). His subsequent behaviour is that of Ð ° devoted husband who also bears Ð ° public trust, to which he properly gives priority with his wife’s full understanding and consent far from jumping into bed with his new bride, he sails to Cyprus and sees to preliminary arrangements for the defence and governance of the island, apparently before his marriage is ever consummated (I. 3, 260–79, and espec ially 299–300). Even Iago admits that left to him, Othello will most probably make Desdemona Ð ° good, loving husband (II. , 284–85). What is more, Othello is Ð ° seasoned general of many years’ experience, the best military mind available to the Venetians, someone whom they regard as worthy of unrestrained public trust this is no unsophisticated fool, but Ð ° mature, intelligent man at the height of Ð ° vital and demanding profession. And yet, this dignified and loving man is first reduced to Ð ° state of near-dementia, and then brought to Ð ° cool determination to kill his wife, through the machinations of Iago. In watching this process, it is difficult not to get caught up in the sheer fascination of Iago’s deliberate villainy how could anyone be so callous to every human feeling, so cheerfully calculating as he plans the destruction of those around him, so irredeemably evil? Confronted by such Ð ° spectacle, it is easy to overlook the fact that Othello’s transformation from Ð ° loving husband into Ð ° relentless avenger is, in its own way, almost as disturbing. (David et. All 1335-38) How can such Ð ° transformation take place? Of course, Othello is the victim of Ð ° deliberate deception, but that fact alone does not really answer the question, because it is by no means clear how Iago manages to convince Othello of Desdemona’s guilt after all, he has no actual evidence whatever, and not very much in the way of circumstantial evidence. What is more, even granting Othello’s conviction of Desdemona’s guilt, it would not be necessary for him to kill her he could banish her, as she pleads (V. 2, 79), or divorce her and send her back to her family. He might even forgive her and try to retrieve his marriage. (Straznicky 104-34) Thus, Iago’s malicious deception, while troubling in its own right, should not be allowed to obscure the puzzles presented by Othello’s own behaviour. Why is he vulnerable to Iago’s designs in the first place, and why does he react to Desdemona’s adultery (as he believes to be the case) in the way that he does? We must look for the answers to these questions in Othello himself. (David et. All 1335-38) One starting point immediately suggests itself. Why is it so easy for Iago to persuade Othello that his beloved Desdemona has committed adultery with his lieutenant Cassio? Shouldn’t Othello’s love for Desdemona which I believe we should take at face value have inclined him to resist, or even just to ignore, Iago’s insinuations? It might be said that Iago gets away with his plan so easily because Othello is so trusting, as Iago himself suggests as he notes, Othello has ‘Ð ° free and open nature’ and will believe what he is told (I. 3, 396–400). And indeed, once Iago (seemingly) begins to respond to his demands for proof, Othello never doubts him until confronted with unmistakable proof of his treachery. (Travitsky 184-96) Certainly, Othello places Ð ° remarkable degree of trust in Iago but it seems inaccurate to say that he is trusting without qualification. He does not trust Desdemona at all. Admittedly, he catches her in Ð ° lie over the handkerchief he gave her, but had he been so disposed, he could have seen this for what it is the self-protective lie of Ð ° flustered young woman (II. , 45–94). More tellingly, he does not trust Emilia when she insists, repeatedly and strongly, that Desdemona has never betrayed him, even though Emilia (Iago’s wife and Desdemona’s personal attendant) is in Ð ° better position than anyone else to know about her intimate activities (IV. 2, 1–24). It begins to look as if Othello is prepared to trust some, but not others in particular, he trusts men but he does not trust women. This suspicion is confirmed by his remarks about women, remarks which we know to reflect general Elizabethan attitudes that women are naturally lustful, cannot be relied upon to maintain chastity without continual supervision, and are sly and deceitful to boot (III. 3, 264–80). Various comments, together with the whole tenor of his behaviour towards Iago, suggest very different beliefs about at least some classes of men, namely frank, hearty types such as Iago, whom he regards as honest and worthy of trust (III. 3, 124, and especially 245).

Analyze The Performance Of Maybank Group Finance Essay

Analyze The Performance Of Maybank Group Finance Essay 3.1 INTRODUCTION In this chapter, the researcher will look at the history of Maybank group as a whole besides that, the researcher will also review and analyze the performance of Maybank group and also Islamic product that been offered by Maybank Islamic Berhad. COMPANY HISTORY 3.2.1 Maybank Maybank was incorporated on 31 May 1960 and began operations on 12 September in the same year, rising from the spirit of Independence to pave the way for dynamic change in the countrys banking and financial landscape. Our founders were visionary in their desire to see Maybank grow to excel both in the domestic market and in the region. Over the years, Maybank has led an aggressive drive to expand network and maximize reach. The Group has consistently set new benchmarks in product and service delivery by achieving many firsts in the industry such as rural credit scheme, cards services, corporate and investment banking, mobile banking services, internet banking and Islamic banking. Maybank operates through an extensive network of over 1,700 offices in 14 countries including 7 in South East Asia. The Group is represented in the major financial centres of London, New York, Hong Kong and Singapore. 3.2.2 Maybank Islamic Maybank Islamic Berhad, a wholly-owned subsidiary and the Islamic banking arm of the Maybank Group, is the largest Islamic bank in Malaysia. It started its initial operations offering Islamic financial services through a window concept in 1993 and later converged to full-fledged Islamic banking operations on 1 January 2008. With a breadth of more than 17 years experience in the Islamic banking and finance, Maybank Islamic has been regarded as the leading Islamic bank in the Asia Pacific region and ranks among the worlds top 15 Islamic financial institutions. Today, Maybank Islamic proudly stands above its peers in the home market with Shariah-compliant assets of more than USD12 billion commanding significant market share in financing and deposits of over 24% and 21% respectively. Maybank Islamic believes that serving the needs of customers is a priority and as such it is committed to provide a wide array of Shariah-compliant financial products and services to suit its customers preference and choices. Apart from commercial banking offered by Maybank Islamic, Maybank Groups Islamic investment banking and capital market business are offered through Maybank Investment Bank and selected overseas offices in major financial centres of Bahrain, London, Singapore and the international offshore financial centre of Labuan. As an industry icon, Maybank Islamic is committed to scaling new heights as reflected in the way the Bank operates its business, the way its deliver products and services to customers and in the way the Bank engages more than 25,000 Maybankers across its home country as well as its business partners and stakeholders globally 3.3 OBJECTIVE OF ESTABLISHMENT The objectives of the establishment of Maybank Islamic Berhad are as follows: 1. To continues as a Market Leader in Islamic banking field in the aspect of products and services. 2. Introduced the financial product that is based on MM concept as a an alternative to current the BBA product 3. Introduced the financial product that is based on Ijarah Mutahiah Bittamlek 4. Introduced the management of investment in an Islamic way 5. Involved in asset management in an openly way 6. Introduced Islamic card credit 7. Actively involved in Murabahah commodity product BOARD OF DIRECTORS Dato Seri Ismail Shahudin Dato Seri Ismail Shahudin was appointed as a Director and Chairman of Maybank Islamic on 23 January 2010. He was Chairman of Bank Muamalat Malaysia Berhad from 2004 until his retirement in July 2008. He has held senior positions in Citibank, serving both in Malaysia and New York, United Asian Bank and Maybank where he was appointed Executive Director in 1997. He left Maybank in 2002 to assume the position of Group Chief Executive Officer of MMC Corporation Berhad prior to his appointment to the Board of Bank Muamalat Malaysia Berhad. His current directorships in companies within the Maybank Group include as Director of Maybank Berhad. He serves as Chairman of the Nomination and Remuneration Committee and as a member of the Credit Review, Risk Management, and Employee Share Option Scheme Committees of Maybank Berhad. Tan Sri Datuk Dr Hadenan bin A. Jalil Tan Sri Datuk Dr Hadenan bin A. Jalil was appointed as a Director of Maybank Islamic on 23 January 2010. Tan Sri Datuk Dr Hadenan bin A. Jalil was Auditor General from 2000 to 2006. He served with the Government for 36 years in various capacities in the Treasury, the Ministry of International Trade and Industry and the Ministry of Works prior to his appointment as Auditor General. His current directorships in companies within the Maybank Group include as Director of Maybank Berhad. He serves as Chairman of the Audit Committee and as a member of the Credit Review, Nomination and Remuneration, and Employee Share Option Scheme Committees of Maybank Berhad. Zainal Abidin Jamal Zainal Abidin Jamal was appointed as a Director of Maybank Islamic on 23 January 2010. He is a practicing corporate and commercial lawyer and established his firm, Zainal Abidin Co, in 1987, where he is a Senior Partner. He was enrolled as an Advocate Solicitor of the High Court of Malaya in 1986. Between 1983 and 1986, he served as the Company Secretary of Harrisons Malaysian Plantations Berhad. Prior to that, he had practiced in Singapore where he was enrolled in 1980 as an Advocate and Solicitor of the Supreme Court of Singapore and had also served as a First Class Magistrate in Brunei Darussalam. His current directorships in companies within the Maybank Group include as Chairman of Mayban Trustees Berhad and Director of Maybank Berhad, a Director of Etiqa Insurance Berhad, Etiqa Takaful Berhad, Maybank International (L) Limited, and Mayban International Trust (L) Ltd. Datuk Dr. Syed Othman bin Syed Hussin Alhabshi Datuk Dr. Syed Othman bin Syed Hussin Alhabshi was appointed as a Director of Maybank Islamic on 30 January 2008. Datuk Dr. Syed Othamn has vast experience as an academician. He held various academic leadership and research post at International Islamic University of Malaysia, University Utara Malaysia, University Tun Abdul Razak and Institute of Islamic Understanding of Malaysia before he assumed responsibility as the Professor of Islamic Economics, Chief Academic Officer and Head of Takaful at International Centre for Education in Islamic Finance (INCEIF). Datuk Dr. Syed Othman is a director of Etiqa Takaful Berhad. He is also a director of Prima Prai Sdn Bhd, Epen Bina Sdn Bhd and Universiti Teknikal MARA Sdn Bhd. PRODUCTS AND SERVICES IN MAYBANK ISLAMIC Home Equity-i HomeEquity-i is a shariah compliant home financing plan based on the Musharakah Mutanaqisah or diminishing partnership concept. Maybank Islamic (the bank) and applicant enter into a joint partnership with bank to raise capital for acquiring a property. Both parties become joint property owners with shares allotment based on amount of capital contributed. Maybank Islamic releases its shares to applicant who gradually acquires banks ownership of the property with monthly payments made over an agreed time period thereby diminishing the banks share till property is fully owned by applicant. Home Fianancing -i BBA is defined as deferred payment sale. BBA involves the sale and purchase transactions between the bank and the customer. Under this concept, customers may defer total payment of asset which is the property in installments over a specific period of time. Fixed payment that shows exactly what customers need to pay throughout the tenure. useful for those working on a monthly budget. MaxiHome-i MaxiHome-i refers to Home Financing under Variable Rate Financing (VRF). Maxihome Loan Packages cater to the needs of individuals and small businesses, including financing the purchase of new properties, sub-sales, refinancing, redraws and remortgages. This product is applied under the concepts of Bai Bithaman Ajil (BBA). BBA is defined as deferred payment sale. BBA involves the sale purchase transactions between the bank and the customer. Under this concept, customers may defer total payment of the property in installments over a specific period of time. ShophouseEquity-i ShophouseEquity-i is a shariah compliant home financing plan based on the Musharakah Mutanaqisah or diminishing partnership concept. Maybank Islamic and applicant enter into a joint partnership with bank to raise capital for acquiring a property.Both parties become joint property owners with shares allotment based on amount of capital contributed. Maybank Islamic releases its shares to applicant who gradually acquires banks ownership of the property with monthly payments made over an agreed time period thereby diminishing the banks share till property is fully owned by applicant. Shop house Financing-i A fixed rate financing for shop houses currently being practiced under the concept of Bai Bithaman Ajil (BBA), Shop house Financing-i is recommended especially for homebuyers who prefer a fixed monthly budget where you know exactly how much to pay throughout the tenure, whether by a single instalment sum or in-line with the multi-tiered rates. MaxiShop-i MaxiShop-i refers to Shophouse Financing-i under Variable Rate Financing (VRF). MaxiShop Loan Packages catering to the needs of individuals and small businesses, including financing the purchase of new commercial properties, sub-sales, refinancing, redraws and remortgages. The scope of commercial properties under MaxiShop includes shop houses, shop offices, commercial lots in shopping complex, office lots, factories, industrial buildings. This product is applied under the concepts of Bai Bithaman Ajil (BBA). BBA is defined as deferred payment sale. BBA involves the sale purchase transactions between the bank and the customer. Under this concept, customers may defer total payment of the property in installments over a specific period of time. Variable Rate Financing (VRF) CASH LINE -i (OVERDRAFT) Murabahah  is another type of sale and purchase contract, with a deferred payment element. The contract of sale may take place when a buyer who wishes to purchase assets, requests the Bank to purchase assets at cost (purchase price) and in return the Bank will charge the buyer an agreed profit margin which is incorporated into the selling price. The selling price is subsequently payable on a deferred single payment. ExeCash-i Standard ExeCash-i Standard package is an Islamic Personal Term Financing under the Shariah principle of  Bai Inah  (sale with immediate repurchase).  Bai Inah  is a buy and sell contract whereby Maybank Islamic (the Bank) would sell its assets to the applicant on deferred payment basis. Subsequently, Maybank Islamic (the Bank) would buy back the same asset from the applicant at a lower price on cash basis. Under  Bai Inah  concept, Maybank Islamic will use its asset as an underlying asset for the sale and purchase transactions. ExeCash-i Special ExeCash-i Special package is an Islamic Personal Term Financing under the Syariah principle of  Bai Inah  (sale with immediate repurchase).  Bai Inah  is a buy and sell contract whereby Maybank Islamic (the Bank) would sell its assets to the applicant on deferred payment basis. Subsequently, Maybank Islamic (the Bank) would buy back the same asset from the applicant at a lower price on cash basis. ExeCash-i for GLC ExeCash-i for GLC is an Islamic Personal Term Financing under the Shariah principle of  Bai Inah  (sale with immediate repurchase).  Bai Inah  is a buy and sell contract whereby Maybank Islamic (the Bank) would sell its assets to the applicant on deferred payment basis. Subsequently, Maybank Islamic (the Bank) would buy back the same asset from the applicant at a lower price on cash basis. The  ExeCash-i for Government Linked Companies (GLC)  provides financing without collateral to meet any of your personal needs. KOWAMAS KOWAMAS is an Islamic Personal Term Financing under the Syariah principle of  Bai Inah  (sale with immediate repurchase).  Bai Inah  is a buy and sell contract whereby Maybank Islamic (the Bank) would sell its assets to the applicant on deferred payment basis. Subsequently, Maybank Islamic (the Bank) would buy back the same asset from the applicant at a lower price on cash basis.The personal financing package for  Koperasi Wawasan Malaysia Berhad (KOWAMAS)  provides financing without collateral to meet any of your personal need. Hire Purchase-i Hire Purchase-i is based on the underlying Shariah principle of Al-Ijarah Thumma Al-Bai (AITAB). It means leasing and subsequent purchase. It refers to 2 contracts undertaken separately and consequentially i.e.  Al-Ijarah  contract (leasing) and  Al-Baicontract (purchase). It is an extension of the principle of  Al-Ijarah  whereby both parties further agreed that at the end of the lease period, the customer will purchase from the Bank the asset concerned at an agreed price with all the lease rentals previously paid constituting part of the price. Operations of Hire Purchase-i are based on Hire Purchase Act 1967 whereby all provisions that conform to Shariah requirement are applicable. Maybankinvest-i Maybankinvest-i is an alternative Share Trading / Financing package from Maybank that is based on the Shariah principle of Murabahah. Under this contract, Maybank agrees to finance your share trading activities in approved Shariah counters listed in Bursa Malaysia. ASB Financing-i ASB Financing-i is another form of term financing to purchase ASB unit trust based on Shariah principles of  Bai Inah  (sales with immediate repurchase) 3.6 PERFORMANCE ANALYSIS OF MAYBANK ISLAMIC BERHAD The performance of Maybank Islamic Berhad are analyzed from the information that have been obtained from overall performance data of Maybank Maybank Islamic just been setup recently , thus the performance will be measured along with the parent company, all of the performance regarding loan that had been published and other information are depend from the performance of Maybank. The only thing that is separated is total net income and operational income of a Maybank Islamic  [1]  . The analyses that have been done by the researcher are from the analysis of a Maybank itself. It includes various information of a bank performance as a whole that gave a clearer picture about the important information regarding total asset, total liability, total loan and various more. Besides that, there is also analysis of a statement of income that includes the performance of Maybank Islamic. 3.6.1 Total Assets  [2]   For the financial year ended 30 June 2010, outstanding assets of the Group expanded by 8.4% or RM26.0 billion resulting the total asset of group at RM 336,700 Million while at the Bank level, it increased 4.2% or RM10.1 billion to record an amount of RM 248,392 Million . For the previous year, the corresponding growth rates were 15.5% at Group level and 8.7% at Bank level. The bulk of the Groups growth in assets was derived from the expansion of net loans and advances which grew by RM19.8 billion or 10.6% and RM7.0 billion or 4.9% for the Group and the Bank respectively. As at end of June 2010, net loans and advances represented 61.0% of total Group assets, higher than the 59.8% as at the end of June 2009. 3.6.2 Securities purchased under resale agreements  [3]   Securities purchased under resale agreements are securities which the Group and the Bank had purchased with a commitment to resell at future dates. The commitments to resell the securities are reflected as assets on the balance sheet. Conversely, obligations on securities sold under repurchase agreements are securities which the Group and the Bank had sold from its portfolio, with a commitment to repurchase at future dates. Such financing transactions and corresponding obligations to purchase the securities are reflected as liabilities on the balance sheet. As at end June 2010, the Group held RM371.2 million of securities purchased under resale agreements. 3.6.3 Deposits and Placements with Financial Institutions  [4]   The Groups deposits and placements with financial institutions grew by RM2.6 billion to RM8.9 billion or 41.5% as Customer deposits growth outpaced the growth in loans and advances. 3.6.4 Life, General Takaful and Family Takaful Fund Assets  [5]   After a growth of 7% or RM1.1 billion in the previous year, this balance sheet item grew by a similar 7% to RM18.0 billion as at end of June 2010 3.6.5 Securities Portfolio  [6]   The investment securities portfolio of the Group decreased by RM3.6 billion or 6.2% mainly due to a reduction of shorter tenor Available-for-Sale holding (RM5.2 billion) as interest rates were expected to rise in the first half of 2010. Securities Held-for-Trading increased by RM1.2 billion which was partially offset by the reduction in Available-for-Sale portfolio. Around 79% of the securities portfolio comprised of securities Available-for-Sale and further 16.5% securities Held-to-Maturity while 4.9% of the securities portfolio is Held-for-Trading. 3.6.6 Loans, Advances and Financing  [7]   The Groups net loans and financing for financial year of 2010 expanded by 10.6% or RM19.8 billion compared to 12.9% or RM21.2 billion the previous financial year. The Groups gross loans grew 10.3% compared to 13.0% the previous year with domestic and overseas loans growth of 11.0% and 8.8% respectively. The domestic operations growth of 11.0% was better than the 6.5% recorded in the previous year as consumer loans expanded by 15.0% on the back of the RM3.3 billion or 28.6% growth in securities loans, mainly for the purchase of relatively low-risk Amanah Saham Bumiputera units, and the RM2.6 billion or 13.2% increase in vehicle loans. The Groups overall domestic loans market share stood at 17.6% compared to 17.8% the previous year. Mortgage loans grew by RM3.1 billion or 9.8% compared to 3.3% in the previous year with market share at 13.4% compared to 13.9% the previous year. Credit card receivables for the financial year rose RM0.6 billion or 16.0%, outperforming the industrys 11.3% growth leading to market share rising to 12.8% from 12.7% the previous year. Automobile financing for domestic operations recorded a growth of 12.2% compared to 11.0% in the previous financial year and outperformed the industrys growth of 8.5%. With growth exceeding the industry, the market share for financing of motor vehicles rose to 17.4% from 16.8% in June 2009. As at June 2010, the overseas operations loan book accounted for 32.3% of the Groups loan base from 32.8% in the previous year. The gross loans book for Singapore recorded a growth of 3.4% or RM1.3 billion after registering a growth of 6.2% in 2009. While for Indonesia, mainly due to Bank Internasional Indonesia, gross loans grew 37.7% or RM4.7 billion to RM17.1 billion. In the other overseas locations, total gross loans declined 3.7% or RM0.4 billion mainly due to the reduction in loan exposure in the US and United Kingdom following the financial crisis. The Groups Islamic gross financing and advances grew by 31.2% or RM8.2 billion during the year. Islamic banking constitutes a growing portion of the Groups banking business, accounting for 16.3% of gross loans and financing from 13.7% the previous year. Islamic gross financing accounted for 24.0% of domestic gross loans, rising from 20.3% recorded in the previous year. Sustained efforts implemented to continuously improve asset qual ity have been effective. The Groups gross NPL ratio declined to 2.9% from 3.5% the previous year. The Groups net NPL ratio declined to 1.2% from 1.6% the previous year. The Groups net NPLs declined by RM0.5 billion to RM2.3 billion as at June 2010. The Groups NPL reserve cover (net of IIS) rose to a healthy 124.5% compared to 112.9% the previous year. 3.7 Deposits from Customers  [8]   The Groups customer deposits expanded by 11.4% or RM24.3 billion to RM236.9 billion while at the Bank level it grew by RM7.3% or RM11.9 billion to RM175.4 billion. The Groups strong franchise contributed to a growth of 9.1% for demand deposits and 9.9% for savings deposits. The Banks domestic operations remained the leader in both demand and savings deposits with market shares of 20.7% and 27.4% compared to 21.3% and 26.6% respectively in the previous year. Fixed deposits grew by 10.0% compared to 12.3% in the previous year. The Groups overall deposit funding mix improved slightly as the Groups higher cost fixed deposits declined to 55.1% of total customer deposits from 55.8% in June 2009 3.6.8 Deposits and Placements of Financial Institutions  [9]   This item fell by 19.2% or RM5.5 billion due to increase in deposits from customers (RM24 billion) which resulted in less sourcing of funds from interbank market. 3.6.9 Shareholders Equity  [10]   The Groups shareholders equity rose by 12.0% or RM3.0 billion to RM27.9 billion. The increase was mainly due to increase in retained profits for the year. 3.6.10 Net Interest Income  [11]   Net interest income of the Group increased by RM851.4 million or 14.4%. The average net interest margin was 2.82% from 2.72% the previous year due to lower interest expenses in the Malaysian operations, especially interest expenses from fixed deposits, and lower interest expenses in the Singapore operations as well as full year contribution from Bank Internasional Indonesia (BII) for financial year of 2010. 3.6.11 Islamic Banking  [12]   Net income from the Groups Islamic banking operations increased by RM210.4 million or 17.2% to RM1.4 billion. The increase was mainly due to growth of assets in Islamic business, specifically hire purchase and residential mortgages. 3.6.12 Overhead Expenses  [13]   The Groups overheads expenses rose by RM852.9 million or 15.3% over that of the corresponding year as a result of an increase in personnel cost, full-year contribution from BII and expansion of BII, higher establishment costs, and credit card related expenses due to higher transaction, volume. The Groups cost to income ratio declined to 49.8% from 52.8% previously as net income growth outpaced the growth in expenses. Personnel costs increased by RM364 million or 14.3% due to an increase in salary, EPF, bonus and training. Establishment costs increased by RM66.2 million as a result of higher cost from depreciation and rental. On a comparable basis, the Groups adjusted cost to income ratio (without insurance claims and unrealised loss) would be 47.8% against 49.1% for the previous financial year. 3.6.13 Loan and Financing Loss and Provisions  [14]   Loan loss and provisions of the Group amounted to RM1.2 billion, which is RM510.8 million or 30.1% lower than that of the previous year. This decrease was primarily due to high general provisions made in the final quarter of financial year end of 2009 resulting from the weak global economic situation. 3.6.13 Taxation  [15]   The effective tax rate of the Group is 26.1% which is higher than the statutory rate of 25% mainly due to non-deductible expenses. 3.7 CONCLUSION From the analysis it clearly shows that the financial performance of Maybank Islamic experienced a strong growth. The increasing of the loan product especially individual loan and also with the stable increase of total income after tax , in addition to that the reducing of non performing loan portrayed the growth of Maybank Islamic especially their financial performance . According to a rough estimation from the analysis, it clearly shows that Maybank Islamic can compete with other Islamic banking institution. Based on the total asset that is increasing yearly and non performing loans that are reducing, it portrayed that the total net asset of Maybank Islamic are going stronger. Besides that, the increasing of individual loan shows that this institution gaining the trust of the community. Although there is a slight fall in Islamic deposit, but it is mainly because of Islamic debt and sukuk debt that occur outside of the country resulting the cost of fund to increase, and it is not because of a belief of a people about Islamic product offered by Maybank Islamic are not interesting enough. As a conclusion, Maybank Islamic Berhad has a strong position in their field as their finance and asset position are really good.