• Title/Summary/Keyword: Investment Deposits

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How Investment Deposits at Islamic and Conventional Banks Effect Earnings Per Share?

  • MASWADEH, Sanaa Nazami
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.669-677
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    • 2020
  • The study aims to compare the effects of employing investment deposits (joint and specified investment deposits) in Islamic banks, and investment deposits (term deposits and deposits with notification) at conventional banks, on shareholders' profitability, represented by the earnings per share (EPS), in light of operational profits as a controlling variable. Data related to the study variables was collected from the annual financial reports published by the study sample banks, during the period (2009-2018). The study relies on multiple regression to test the hypotheses of the study. The high adjusted R2 to explain the change in EPS for Islamic banks model as compared to conventional banks, is a result of the high difference between investment deposits (specified and joint) at Jordanian Islamic banks and investment deposits (term deposits and deposits with notification) at Jordanian conventional banks. The study found that it is important for the managements of Islamic banks to adopt a uniform method to combine speculative funds, in order to develop and improve shareholders' profitability. The study recommended Islamic banks to follow practical, methodological and transparent approaches to calculate the rates of Murabaha profit margins between shareholders and depositors, while also taking into consideration some of the issues which could be harmful for the competition between Islamic and conventional banks.

The Impact of Financial Variables on Firm Profitability: An Empirical Study of Commercial Banks in Oman

  • JAYARAMAN, Gopu;AZAD, Imran;AHMED, Hanaa Sid
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.885-896
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    • 2021
  • The general role of commercial banks is to provide financial services to the general public and business, ensuring economic and social stability and sustainable growth of the economy. Commercial banks play an important role in mobilizing and channelizing funds for investment activities. This study analyzes the impact of the key financial variables on the net profit of the selected commercial banks in Oman. The study employs times series panel data - cross-sectional analysis of the key financials of five leading commercial banks for a period of 13 years from 2007 to 2019. The results reveal that the correlation matrix of the selected variables has a positive relationship with net profit, assets, deposits, loans, and interest income. However, the findings also shows a negative relationship between net profit and net loans to total deposits ratio. The study found net loans is the main independent variable that influences the profitability of the banks since the key source of revenue comes from the lending operations. The assets, total capital adequacy ratio have a mixed effect on the profitability of commercial banks. The total deposits and capital adequacy ratio have a negative effect on profitability mainly because excessive liquidity will increase the cost of capital and reduce the return on investment. Focusing on lending operations with a sound credit portfolio will improve profitability.

Survey of Peat Deposits in Skhalin Island (사할린도(島)의 PEAT 현황조사)

  • Lee, Y.H.
    • Korean Journal of Soil Science and Fertilizer
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    • v.27 no.4
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    • pp.315-320
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    • 1994
  • This survey report introduced briefly peat deposits in SAKHALIN island of eastern SIBERIA continent. Peat industry was promoted as leading resources for development in this island by national control economic plan of central government before CIS. But development of deposit was left suspension of operation due to investment now. In southern area, about 10km from Yuzunosakhalinsk, two deposits of peat field were explored. One of them (Troisk) was suspended at begining stage of peat harvest from 300ha field and the other(Missilop) was producing the compact peat through drying and pulverizing from 350ha peat field which showed long run harvest activities. There are plenty of peat deposits near the Polonai Reika (river) in the central area of this island, At Zbaikaritz, 40km nothern area from Polonaisk, 135ha of peat field was developed. This field was left without working but established field preparation and could be able to be harvested any time if machines and utlities were settled. At southern suburb 10km from Polonaisk, about 40ha field of virgin deposit has been established planning for development. The plan involved estimated amount of peat, deposit depth, water level, drainage and leading road. The most of peat deposits accumulated from sphagnum moss. Texture is coarse but it contains more than 95% of organic carbon near to 0.5% of total nitrogen and acidity showed pH4-5.

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Strategies for Development of Seafloor Polymetallic Sulphides in Consideration of International Progress (해저열수광상 개발동향과 우리나라의 대응방안)

  • Park, Seong-Wook;Yang, Hee-Cheol;Jeong, Hyeong-Su
    • The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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    • v.13 no.3
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    • pp.271-279
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    • 2008
  • Polymetallic sulphides means hydrothermally formed deposits of sulphide minerals which contain concentrations of metals including, inter alia, copper, lead, zinc, gold and silver. Nautilus is the first company to commercially explore the seafloor polymetallic sulphide deposits. The Company holds exploration licences and exploration applications for more than 370,000 $km^2$ in the jurisdictional seas of Papua New Guinea, Fiji, Tonga, the Solomon Islands and New Zealand along the western Pacific Ocean's Rim of Fire. Neptune Minerals is also a leading explorer and developer in this field, with exploration licences awarded totalling more than 270,000 $km^2$ in the territorial seas or EEZ of New Zealand, Papua New Guinea and the Federated States of Micronesia. These two companies now carry out the most active investment activities for seafloor polymetallic sulphide deposits with a goal of commercial production by 2010. China and Japan carry out exploration activities for the seafloor polymetallic sulphide deposits to secure supplies of strategic metals. China carries out national R&D projects relating to deep sea mineral resources in the world ocean through China Ocean Mineral Resources R&D Association(COMRA). And Japan investigates her own EEZ for exploration of the seafloor polymetallic sulphide deposits. In consideration of aforementioned international activities of coastal nations as well as private companies for exploring the sulphide deposits, Korea shall prepare strategic plans : First, consolidation of the authorities concerned and legislative support; second, determination of main entity of the project; third, securing government's decisive investment of sufficient budget; and lastly, establishment of the mid, long-term plan for development of seafloor polymetallic sulphides deposits.

The Optimal Resource Development for Analysing Data of Deposit Types' Ore Reserves of Oversea Metal Resource (해외 금속자원에 대한 광상유형별 자료 분석을 통한 효과적인 자원개발)

  • Yoo, Bong-Chul;Lee, Jong-Kil;Lee, Gil-Jae;Lee, Hyun-Koo
    • Economic and Environmental Geology
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    • v.41 no.6
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    • pp.773-795
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    • 2008
  • The major import minerals of South Korea are copper ore, lead-zinc ore, iron ore, manganese ore and molybdenum ore. Oversea resources development of South Korea have 92 projects in 14 nations of Asia, 29 projects in 10 nations of America and Europe, and 14 projects in 9 nations of Middle Asia and Africa. But, most projects of them are found in Australia, China, Mongolia and Indonesia. The most projects of the Australia, China and Indonesia are interested in coal and a little projects of them have manganese, iron, lead-zinc, nickel, copper, gold, molybdenum, rare earth elements and uranium. The most projects of the Mongolia are interested in gold and rare earth elements. Representative ore deposits models of metal resources are Orogenic lode deposits, Volcanogenic massive sulphide deposits, Porphyry deposits, Sedimentary exhalative deposits, Mississippi valley type deposits, Iron oxide copper-gold deposits and Magmatic nickel-copper-platinum group element deposits based on global distribution, reverses and grades of their deposits models. If oversea mineral resources will be examined the mineral reserves, mineral mine production and ore deposits models of nations and then survey and investigate of mineral resources, we may be maintained ore body of high grade at survey area and decrease the investment risk.

Proposal for South-North Mining Cooperation (Natural Resources Exploitation in the Peoples Republic of Korea) (남북한 경제협력사업으로 북한 자원개발 방안)

  • Yoo, Taik-Soo
    • Journal of the Korean Professional Engineers Association
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    • v.38 no.6
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    • pp.1-9
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    • 2005
  • The Republic of Korea (South) and the Peaples Republic of Korea (North) had agreed to exploit the North Korean rich natural resources starting from the year of 2006. Through this mutual agreement DPRK shall quarantee ROK's investment in the North Korean Mines and supply mineral products for the compasation of the financial investment supported by ROK. In the area of northern part of Korea, many kind of natural resources such as Magnesite, Iron, Gold & Silver, Copper, Lead & Zinc, and Coal are plentifully deposited. In the area of southern part of Korea, however, most kind of natural resources have been exhausted and so presently major minerals such as Gold & Silver, Copper, Lead & Zinc and Coal are being imported and relying on foreign countries in whole quantity of the requirement. On the other hand Northern Part of Korea is making very slow progress in mining and exploitation owing to the lack of investment even though there are rich deposits of natural resources. And in Southern Part of Korea, they have most advanced production facilities and technologies in the world in the fields of Mineral Floatation, Steel Manufacturing, Nonferrous Metal Smelting & Refining and those plants fabrications. A combination of Southern Technologies together with Financial Support and Northern rich natural resources & Labour Power will be a most hopeful, desirable and mutually required 'South-North economic Cooperation' as the mining industries are labour intensive.

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Development of Technical and Economic Evaluation Model for Seafloor Massive Sulfide Deposits (해저열수광상 기술.경제성평가 모델 개발)

  • Park, Se-Hun;Park, Seong-Wook;Kwon, Suk-Jae
    • Ocean and Polar Research
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    • v.28 no.2
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    • pp.187-199
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    • 2006
  • The Kuroko-type seafloor massive sulfide deposits found in the western Pacific have been considered to have potentials for economic recovery of Au, Ag, Cu, Zn, and Pb. In this study, a preliminary model was developed for the technical and economic evaluation of them. The FRSC site on Lau Basin in the Tonga EEZ was selected as a target. In this study, no construction In for the metallurgical processing subsystem was accounted for. Instead, it was assumed to sell the Cu, Zn, and Pb concentrates to the existing sulfide customer smelter. The low total investment costs for the development make the venture very attractive. However, the result of the economic feasibility evaluation is still less attractive with the mean metal yield of the Kuroko on land. It is considered that commercial mining may be plausible if the richer metal yields are applied to the development. Quantitative information for metal yield is necessary for a more accurate evaluation. However, the important resource potential information regarding the amount of ore body, the inside structure, and the metal yields have not yet been clarified sufficiently. h addition, the flotation of ore body using seawater has not been tested yet. It is necessary to solve these problems through the experimental R&D and a survey.

The Effect of Conventional Bank's Interest Rate & Islamic Bank's Profit Rate on Investment & Return: An Empirical Investigation in Bangladesh

  • Chowdhury, Mohammad Ashraful Ferdous;Rahman, Syed Mohammad Khaled
    • Asia-Pacific Journal of Business
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    • v.5 no.1
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    • pp.33-41
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    • 2014
  • Since depositors are motivated by returns, it is important for Islamic banks management to understand the extent that rates of return on deposits influence their customers' decision to deposit. The main objective of the study is to explore the degree of influence of conventional bank's interest rate on Islamic bank's profitability and vice-versa. It has been seen from 2005 to 2011 that the rate of interest declared on deposit by conventional banks has a negative impact on profitability of both types of banks in Bangladesh. Rate of profit declared on deposit by Islamic banks is positively related with their profit earned but negatively related with profit earned by conventional banks. We see that rate of interest declared on deposit by Conventional Banks is positively related with their deposit volume but negatively related with Islamic Bank's deposit. On the other hand, rate of profit declared on deposit by Islamic Banks is negatively related with deposit levels of both types of banks. The survey result shows that almost 85% of the respondents are choosing Islamic banks only from their religious point of view and more than 60% of the sampled Islamic bank customers are reluctant to leave the bank even if conventional banks offer better interest rates.

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Analysis of Mineral Resource Exploration and Strategy in Australia (호주 광물자원탐사와 전략분석)

  • Kim, Seong-Yong;Heo, Chul-Ho
    • Economic and Environmental Geology
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    • v.51 no.3
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    • pp.291-307
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    • 2018
  • Australia is the world's top gold, nickel, iron ore, lead, zinc and uranium, and is ranked in the top five in many other important minerals. Extension to existing resources will continue to support well-established local production. There are perceptions by some that Australia is a mature exploration destination where the easily won near-surface deposits were largely discovered many decades ago. In recent years, Australia faces increasing global competition for investment spending in all jurisdictions in which mineral exploration is encouraged. Many regional communities face the threat of losing their main economic driver as a number of long-term mines are reaching the end of their economic life. However, given the trend of increasing mineral demand due to the 4th industrial revolution, it is considered that Korea is also an opportunity to acquire global competitiveness of geoscience and mining technology by smart and digital mining, and by ICT-convergence technology R&D.

Black Gold or the Devil's Curse? Oil and Networks in Azerbaijan (검은 황금인가 악마의 저주인가? 아제르바이쟌의 석유와 연줄망)

  • Lee, Chai-Mun
    • Journal of the Korean association of regional geographers
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    • v.11 no.6
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    • pp.640-656
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    • 2005
  • A chronic depression in the Korean economy, which depends mostly on imported oil, has been attributed partly to rising crude oil prices recently. Against the backdrop of these realities in Korea, Azerbaijan in the Caspian region, with vast oil and gas deposits, has been greeted enviously by some Koreans. Many transition economies, especially on the Caspian region trumpeted by the oil boom, however, are rich in natural resources, but the benefits of those resources are appropriated by the local elite in collusion with foreign companies. Azerbaijan, in particular, is dominated by a series of internal and external patronage networks. Foreign capital nourishes those networks surrounding President Aliev. Thus, the case of Azerbaijan shows that resource rents in the transition economies sometimes do not help in improving the living conditions of ordinary people. Rather rich resource rents turn out to be a major impediment to the emerging development of the transition economy, lessening the incentives to reform in the country. The result was the possibility of the so-called Dutch Disease, in which disproportionate growth in a certain energy sector tends to crowd out investment in other sectors of the economy.

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