Blockchain; Transforming the Participative EconomyKevin Koo
On 7 November 2018, I gave a talk on the potential of Blockchain to transform Islamic Finance. It was at the CUCIBF III conference (China-UAE Conference), held at the Grand Kempinski Hotel in Shanghai, China. The organizers included the Hamdan bin Mohammed Smart University of Dubai, the Dubai Ministry of Economy, and the China Islamic Finance Club. It was a pleasure for me to be part of the event, during which time, I also learned a lot of things.
Find the calendar date for any day between 1807 to 2606! Print out this calendar for your own calendar!
How to use it:
1. Locate the year you are interested in. (Look at Slides 2 & 3)
2. Find the corresponding number in the first column on the left. That's the corresponding calendar.
3. Navigate to the calendar at the back. (There are 14)
4. Print it out and use it! It will never go out of style! (At least, not before 2606...)
How do you want to give great referrals to your friends and colleagues? These slides were prepared for the Network Education Segment in BNI Sierra, Kuala Lumpur. Presented January 2014.
Blockchain; Transforming the Participative EconomyKevin Koo
On 7 November 2018, I gave a talk on the potential of Blockchain to transform Islamic Finance. It was at the CUCIBF III conference (China-UAE Conference), held at the Grand Kempinski Hotel in Shanghai, China. The organizers included the Hamdan bin Mohammed Smart University of Dubai, the Dubai Ministry of Economy, and the China Islamic Finance Club. It was a pleasure for me to be part of the event, during which time, I also learned a lot of things.
Find the calendar date for any day between 1807 to 2606! Print out this calendar for your own calendar!
How to use it:
1. Locate the year you are interested in. (Look at Slides 2 & 3)
2. Find the corresponding number in the first column on the left. That's the corresponding calendar.
3. Navigate to the calendar at the back. (There are 14)
4. Print it out and use it! It will never go out of style! (At least, not before 2606...)
How do you want to give great referrals to your friends and colleagues? These slides were prepared for the Network Education Segment in BNI Sierra, Kuala Lumpur. Presented January 2014.
Network Education Segment for BNI (Business Networking International), Sierra Chapter. We meet in Wisma WIM, Kuala Lumpur, Malaysia. Topic: Why bring Visitors? This presentation is based on the 12 weekly fundamentals which can be downloaded from the BNI Connect Global website.
Network Education Segment Presentation for BNI (Business Networking International) Sierra Chapter in Kuala Lumpur, Malaysia. Presented on 11th December 2012. BRAG teams are a structured way for chapter members to network for a month and to build connections which they would not otherwise be able to build. The purpose of BRAG teams is to help members improve their 60-second and 10-minute presentations.
A "File Trademark" is a legal term referring to the registration of a unique symbol, logo, or name used to identify and distinguish products or services. This process provides legal protection, granting exclusive rights to the trademark owner, and helps prevent unauthorized use by competitors.
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In 2020, the Ministry of Home Affairs established a committee led by Prof. (Dr.) Ranbir Singh, former Vice Chancellor of National Law University (NLU), Delhi. This committee was tasked with reviewing the three codes of criminal law. The primary objective of the committee was to propose comprehensive reforms to the country’s criminal laws in a manner that is both principled and effective.
The committee’s focus was on ensuring the safety and security of individuals, communities, and the nation as a whole. Throughout its deliberations, the committee aimed to uphold constitutional values such as justice, dignity, and the intrinsic value of each individual. Their goal was to recommend amendments to the criminal laws that align with these values and priorities.
Subsequently, in February, the committee successfully submitted its recommendations regarding amendments to the criminal law. These recommendations are intended to serve as a foundation for enhancing the current legal framework, promoting safety and security, and upholding the constitutional principles of justice, dignity, and the inherent worth of every individual.
Car Accident Injury Do I Have a Case....Knowyourright
Every year, thousands of Minnesotans are injured in car accidents. These injuries can be severe – even life-changing. Under Minnesota law, you can pursue compensation through a personal injury lawsuit.
ALL EYES ON RAFAH BUT WHY Explain more.pdf46adnanshahzad
All eyes on Rafah: But why?. The Rafah border crossing, a crucial point between Egypt and the Gaza Strip, often finds itself at the center of global attention. As we explore the significance of Rafah, we’ll uncover why all eyes are on Rafah and the complexities surrounding this pivotal region.
INTRODUCTION
What makes Rafah so significant that it captures global attention? The phrase ‘All eyes are on Rafah’ resonates not just with those in the region but with people worldwide who recognize its strategic, humanitarian, and political importance. In this guide, we will delve into the factors that make Rafah a focal point for international interest, examining its historical context, humanitarian challenges, and political dimensions.
WINDING UP of COMPANY, Modes of DissolutionKHURRAMWALI
Winding up, also known as liquidation, refers to the legal and financial process of dissolving a company. It involves ceasing operations, selling assets, settling debts, and ultimately removing the company from the official business registry.
Here's a breakdown of the key aspects of winding up:
Reasons for Winding Up:
Insolvency: This is the most common reason, where the company cannot pay its debts. Creditors may initiate a compulsory winding up to recover their dues.
Voluntary Closure: The owners may decide to close the company due to reasons like reaching business goals, facing losses, or merging with another company.
Deadlock: If shareholders or directors cannot agree on how to run the company, a court may order a winding up.
Types of Winding Up:
Voluntary Winding Up: This is initiated by the company's shareholders through a resolution passed by a majority vote. There are two main types:
Members' Voluntary Winding Up: The company is solvent (has enough assets to pay off its debts) and shareholders will receive any remaining assets after debts are settled.
Creditors' Voluntary Winding Up: The company is insolvent and creditors will be prioritized in receiving payment from the sale of assets.
Compulsory Winding Up: This is initiated by a court order, typically at the request of creditors, government agencies, or even by the company itself if it's insolvent.
Process of Winding Up:
Appointment of Liquidator: A qualified professional is appointed to oversee the winding-up process. They are responsible for selling assets, paying off debts, and distributing any remaining funds.
Cease Trading: The company stops its regular business operations.
Notification of Creditors: Creditors are informed about the winding up and invited to submit their claims.
Sale of Assets: The company's assets are sold to generate cash to pay off creditors.
Payment of Debts: Creditors are paid according to a set order of priority, with secured creditors receiving payment before unsecured creditors.
Distribution to Shareholders: If there are any remaining funds after all debts are settled, they are distributed to shareholders according to their ownership stake.
Dissolution: Once all claims are settled and distributions made, the company is officially dissolved and removed from the business register.
Impact of Winding Up:
Employees: Employees will likely lose their jobs during the winding-up process.
Creditors: Creditors may not recover their debts in full, especially if the company is insolvent.
Shareholders: Shareholders may not receive any payout if the company's debts exceed its assets.
Winding up is a complex legal and financial process that can have significant consequences for all parties involved. It's important to seek professional legal and financial advice when considering winding up a company.
How to Obtain Permanent Residency in the NetherlandsBridgeWest.eu
You can rely on our assistance if you are ready to apply for permanent residency. Find out more at: https://immigration-netherlands.com/obtain-a-permanent-residence-permit-in-the-netherlands/.
Agrarian Reform Policies in the Philippines: a quiz
Implications of Hadi Awang's RUU355
1. IMPLICATIONS OF
HADI AWANG'S RUU355
KEVIN KOO SENG KIAT
LLB (Hons) IIUM, DSLP (IIUM), LLM (Malaya)
10th
March 2017
Wisma MCA
2. 2
Some recent events
● 19 March 2015, Star: “Kelantan's hudud bill amendments
passed.”
● “Ahmad, who is also the PAS deputy spiritual leader,
assured non-Muslims that hudud laws would not apply
to them and only to Muslims in the state.”
● 26 May 2016, NST: “Hudud law will only apply to Muslims
in Kelantan, says Zahid.”
● “The bill for Pas to implement hudud law is only
applicable to Muslims in Kelantan.”
Menteri Besar Datuk Ahmad Yaakob
3. 3
Some recent events
● 16 June 2016, TODAY Online: “Kelantan
minister says hudud Bill would apply to all
Malaysian states”
● “The private member’s Bill is to elevate the
jurisdiction of the Syariah courts in the whole
of Malaysia. It is to control the Syariah courts,
not just for Kelantan but for the whole
country, that is the plan,” he (Mohd Amar)
told Malay Mail Online.
Deputy Menteri Besar
Mohd Amar Nik Abdullah
6. 6
Paves way for full blown
hudud, ta'zir and qisas.
● Hadi's bill v.1.0 = All punishments allowed under
Syariah except death.
● Hadi's bill v.2.0 = 30 years, RM100,000, and 100
lashes.
● Hadi's bill v.2.0 is merely a “compromise” to
reach the halfway mark; does not mark the end
of the quest to implement Hadi's bill v.1.0.
● One step back = Two Steps Forward?
● Why use the word “melebihi”?
9. 9
Outdoing the previous generation
● Normal for each succeeding generation to want
to “out-do” and “out-shine” preceding generation.
● However using Act 355 as a benchmark of
achievement may start a vicious cycle of ever-
increasingly strict and harsh laws.
● There are other things that should be our focus,
e.g. the maximum terms of Prime Minister in his
office; the automatic declassification of official
secrets; etc.
10. 10
Malaysia = Unique Country.
● Malaysia is: Multi-racial, multi-religious, multi-cultural.
● Founding fathers did not intend for harsh Islamic
criminal laws to be implemented.
● The Sultans unanimous view to the RUU 355
amendments is important as they are the head of
Islam in their respective states.
● Not correct to assume that a simple majority can carry
the amendment through without Sultans' agreement.
● Sultans are also rulers of non-Muslims and have a
duty to protect the non-Muslims.
11. 11
Rukunegara
● Our Rukunegara says “Kepercayaan Kepada Tuhan”
(Faith in God) but does not demand that God's laws
be implemented.
● The word “Tuhan” does not indicate any God(s) in
particular
● All faiths are equally respected
● There are five main aims in Rukunegara, none
demand that Act 355 be amended.
● Rukunegara should be made the preamble
(muqadimmah) of the Federal Constitution just like
Pancasila in Indonesia.
12. 12
Our neighbours
● BRUNEI:Small country, but enacted hudud. Applies to
Muslims and non-Muslims (including tourists).
● After hudud law enacted, Christians cannot celebrate
Christmas openly, lion dances restricted, no firecrackers
allowed during CNY, businesses must close during Friday
prayers, restaurants must close during Ramadan fasting,
non-Muslims cannot eat openly during fasting time.
● INDONESIA : Most populous Muslim country in the
world. Secular. Guided by Pancasila.
● ACHEH: Province in Indonesia enacted hudud. 60 year
old non-Muslim woman whipped 30 times in 2016 for
selling alcohol.
14. 14
Danger of overzealous authorities
● BORDERS case
● Bible Society (Alkitab) case
● JAIS / DUMC case
● In 2008, IKIM suggested that non-Muslim and Muslim
can be charged for khalwat.
● In 2012, a non-Muslim was convicted of khalwat. The
case was dropped in 2014.
● All these are before the amendment of Act 355. Will we
see more serious cases if the amendment is allowed?
18. 18
Danger of double jeopardy
● Amendment of Act 355 may create double jeopardy, i.e.
person being charged twice for same crime.
● Example: If Anwar Ibrahim's sodomy case were to be
heard again (after amendment), in which court would it
be heard?
● Overlapping provisions exist in Penal Code (sex against
nature) as well as Akta Kesalahan Jenayah Syariah
(liwat).
● Can Anwar Ibrahim still be charged in the Shariah Court
today?
19. 19
Danger of “inequality”
post-amendment
● If Shariah courts can jail Muslims up to 30
years and civil courts can jail Malaysians up to
20 years only, it creates inequality of courts.
● Will the civil courts be given “enhanced” powers
to also jail Malaysians up to 30 years?
20. 20
My suggestion:
Put it in the Constitution
● Federal Constitution sets maximum limits of punishment
for Shariah offences under “federal legislation”.
● Federal Consitution is “federal legislation”. Act is also
“federal legislation”.
● However, an “Act” can be amended by simple majority of
Parliament.
● Act 355 should be abolished and its provision for
maximum penalties inserted into the Federal Constitution.
(Replacing the reference to “federal legislation”)
● The penalties of the Shariah Court will be enshrined in the
Federal Constitution and its status elevated and
protected.2/3 majority required to change it.
21. 21
Thank you
We should try to leave
behind a beautiful place
for our children to live in