Eco-product Essay Example | Topics and Well Written Essays - 2000 words

Eco-product - Essay Example The awareness is brought about by passing or disseminating large quantities of information on the effects of goods on the environment and the mitigation measures for any situations related to the goods. Therefore, it is essential that there should be good relationships between the providers of the products and the consumers to ensure the dissemination of this kind of information is done effectively. The products in discussion in this paper are cars (Johnson 280). Over the past decade the world has been hit with several climate change effects, a lot of those have been attributed to the industries, mainly to the vehicles and the fuel used by them. Other major concerns that have come up over this decade include the rise in petroleum prices. This has driven many to think of better ways to conserve energy and they have had a different perception of energy security as a whole. The current market has shifted from using petroleum to light duty vehicles. They have invented the hybrid cars which either use electricity or use very little petroleum. The dependence on petroleum products has begun to bring up major concerns especially when it comes to economic issues. The oil prices are set to go higher over the years to come. This is because the resource is also being depleted and since it is not a renewable resource. It is becoming scarce by the day. With the production of new hybrid vehicles, the usage of petroleum has dropped and the risk of climate change and global warming due to the emission of greenhouse gases has also dropped tremendously. According to the analysis, the amount of fuel being used in the United States alone has reduced dramatically. The results of the analysis show that, since the time that these vehicles entered the market, the amount of fuel that has been saved is an estimated 9 million barrels or three hundred and eighty five gallons of fuel. This simply means that more people are likely to purchase these types of vehicles

Three Views on Islamic Finance Essay Example | Topics and Well Written Essays - 500 words

Three Views on Islamic Finance - Essay Example They point out that it is necessary for Islamic fiancà © to avoid riba by ensuring that differed debt payments are similar to the amount of loan. Islamic finance is also perceived by some to essentially be in a transitional state as it is somewhat in disunity with Shari’ah laws and as such, there are still a number of amendments that need to be made before it can finally be considered as being a primary financial mainstream. In my opinion, I support the first postulation that points out that it has been necessary for Islamic finance to replicate some of the conventional structures (El-Gamal, 2006). This is because failure to adopt such structures will essentially result in their returning minimal profit margins. On the current trajectory pointing out that Islamic finance is currently flying high albeit on what can be considered to be borrowed wings, I am of the opinion that this statement is essentially true. The popularity of Islamic finance has seen it quickly become quite popular in Islamic countries. However, the minimal profit margins that Islamic banks stand to make due to Shari’ah policies that cause them not to maximize on interest charges means that these banks are largely expensive, and not able to effectively compete with the more conventional banks which are well established not only in Islamic countries but also in the non-Islamic countries (Henry & Wilson, 2004). Speed should never be perceived to be a virtue in the event that it is determined that Islamic banking is going in the wrong direction. This is because it will be prone to make more errors whose eventual consequences might either cripple or completely destroy its structure.