Saturday, December 28, 2019

Explanation and Examples of Wo and Da in German

One of the things that can make translating other languages difficult for many is that the rules of grammar change with each language. Knowing the correct word order can be difficult if you dont understand the rules o the language youre learning. In English, adverbs usually come after prepositions but in German, it is the opposite. The adverbs wo and da coupled with prepositions become helpful tools in day-to-day German conversation. By themselves, wo means where and da means there, but by adding prepositions, it changes their whole meaning. Its important that people learning German understand how prepositions can alter these common words if they want to be understood. Wo Preposition Wo preposition is useful when asking questions for clarification such as in Worauf wartet er? (What is he waiting for?) Notice that the translation for worauf is for what—not a literal translation. Thats because many of the wo prepositions replace the colloquial, but incorrect German word combination preposition was. (incorrect - Fà ¼r was ist das?, correct - Wofà ¼r ist das?) Since the incorrect German version of preposition was most closely resembles the English translation, English speakers find it difficult to overcome this natural tendency of question formation. Thats why it is important that English-speaking students of German learn early on to incorporate the use of ​wo-words in their conversation. Da Preposition Similarly, the da preposition combinations cannot always be translated literally. It all depends on context. Sometimes da will keep its there meaning if it refers to a location. At other times the word means something closer to the English that. Understanding this difference is important for students of German who want to make sure their speech is grammatically correct even if their meaning is still understood. For example: Was kommt daraus? (What is coming out from there?) Was konntest du daraus feststellen? (What were you able to determine from that?) Da- words are very useful so as to not sound redundant. For example, if someone were to ask you Bist du mit diesem Zeitplan einverstanden? The shorter response would be Ich bin damit einverstanden, instead of reiterating the noun. Examples of Wo and Da Use Below you will find a list of some common wo- and da- compounds. Take note that if the preposition starts with a vowel then it will be preceded by an –r- when combining it with either wo or da. ( unter - darunter) bei by - wobei – dabeidurch through - wodurch – dadurchfà ¼r for - wofà ¼r – dafà ¼rgegen against - wogegen - dagegenher (prefix) coming from - woher – daherhin (prefix) going to - wohin – dahinmit with - womit – damitnach after - wonach – danachan on, at, to - woran – daranauf on - worauf – daraufaus out of, from - woraus – darausin in - worin – darinà ¼ber over, above - worà ¼ber – darà ¼berunter under, underneath - worunter – daruntervon from - wovon – davonvor before, in front of - wovor – davorzu to, at - wozu – dazu

Friday, December 20, 2019

Jane Eyre And A Portrait Of The Artist As A Young Man

The novels Jane Eyre, by Charlotte Brontà «, and A Portrait of the Artist as a Young Man, by James Joyce, both exemplify the bildungsroman style, showing the growth of the characters over the course of each book. As bildungsroman novels, both texts share elements common to the genre, such as focusing primarily on character thoughts and reactions. They also share traits like periods of character development being tied to a particular place. However, they differ in other areas like narration style, conflict, and dialogue. The literary techniques that Brontà « and Joyce use cause them to approach the development of self as shown in the characters’ coming-of-age, in different ways, while still being in essence the same type of book, reflecting†¦show more content†¦Helen’s devotion to her beliefs has a significant influence on Jane’s development as she retains strong ties to her principles throughout the book, as shown when she refuses to live with Roches ter as his wife after the revelation of Bertha Mason’s continued existence. In Portrait, Christianity is tied to Stephen Dedalus’ growth as well, but not in the same manner, as he does not increasingly embrace religion as he matures. He instead maintains an off-and-on relationship with the church, as he is at times wholly devoted to maintaining himself in the manner dictated by the Catholic leadership and at others is as far as can be from what they give as standards of goodness and purity. His conflict with establishment versus individuality culminates in Stephen rejecting the church’s teachings in favor of viewing the world through his own eyes, leaving the strictly scripted trappings of traditional religion behind him, a major event in his development from childhood into adulthood. Jane Eyre and A Portrait of the Artist as a Young Man also use distinct ways to show the growth of identity in their characters. One of these is the narrator: in Jane Eyre, the sto ry is told in first person through Jane’s own eyes. By writing in the first person, Brontà « creates an effect by which Jane’s point of view is the only one that is available in its entiretyShow MoreRelated The English Bildungsroman Essay1678 Words   |  7 Pageschildhood to adulthood: Charlotte Bronte wrote Jane Eyre, George Eliot wrote The Mill on the Floss, and Charles Dickens wrote David Copperfield and Great Expectations. All of these novels trace the growth of a child. In this respect, some of the most popular novels of the nineteenth century were part of the genre called the Bildungsroman. In the simplest sense of the word, a Bildungsroman is a novel of the development of a young man (or in some cases a young woman). In fact, the Websters College DictionaryRead MorePainting Analysis in Jane Eyre3436 Words   |  14 PagesDrawing a Breath of Fresh Eyre From the opening chapter of Charlotte Brontà «Ã¢â‚¬â„¢s Jane Eyre the reader becomes aware of the powerful role that art plays. There is something extraordinary about the pictures Jane admires from other artists, as well as the work she creates herself. Her solitary pastime often operates as an outlet of pain, either past or present, and offers her the opportunity to deal with unpleasant emotions and memories. Jane’s art transcends her isolation by bringing her into contactRead MoreAlienation during the Victorian Era2655 Words   |  11 Pagesfamily problems and social class restrictions included Jane Eyre, the protagonist in Jane Eyre, by Charlotte Bronte. She is alienated as she is a young orphan and taken in by extended family members. Jane is mistreated by her cousins, especially John Reed as she continuously receives hits from him as he â€Å"bullied and punished† her and â€Å"every morsel of flesh in [her] bones shrank† when he came near her (Bronte 7). Mrs. Reed, her aunt, puts Jane in the red room as a punishment for hurting John and sheRead MoreSimilarities Between Charlotte Brontes Life and Jane Eyres Life6996 Words   |  28 PagesABSTRACT This study mainly concerns with the similarities between Jane Eyre and Charlotte Bronte’s life. The aim is to find out how Charlotte Bronte’s life and experiences affect Jane Eyre. The most frequently and the most effective similarities from the earlier parts of their lives to the end of their lives are given in this study. It is also aimed to determine the frequency of similarities and effectiveness of these similarities by analyzing their lives. After analyzing the collectedRead MoreSimilarities Between Charlotte Bronte’s Life and Jane Eyre’s Life7010 Words   |  29 PagesABSTRACT This study mainly concerns with the similarities between Jane Eyre and Charlotte Bronte’s life. The aim is to find out how Charlotte Bronte’s life and experiences affect Jane Eyre. The most frequently and the most effective similarities from the earlier parts of their lives to the end of their lives are given in this study. It is also aimed to determine the frequency of similarities and effectiveness of these similarities by analyzing their lives. After analyzing the collectedRead MoreThe Role Of Leland Was Played Orson Welles Life Long Friend1306 Words   |  6 Pagesthe late 1930s to the day Welles died in 1985. Some of Cotten’s best films are Citizen Kane (1941), The Magnificent Ambersons (1942), Journey into Fear (1943), Shadow of a Doubt (1943), Love Letters (1945), Duel in the Sun (1946), Portrait of Jennie (1948), The Third Man (1949), and some of his other noteworthy films are, Othello (1952), Niagara (1953), Touch of evil, (1958), From the Earth to the Moon (1958), Hush...Hush, Sweet Charlotte (1964), The Abominable Dr. Phibes (1971), Soylent Green (1973)Read MoreLeaves And Survivor Essay2472 Words   |  10 Pagesearly novel writer is Henry Fielding, he is the first to shamelessly and forthrightly write novels. His two major works, Joseph Andrews and Tom Jones contained essays trying to explain the novel as a literary genre. ( ) The last early novelist was Jane Austen, she is said to be the greatest English novelist of manners. â€Å"Restricting herself to the society of landed gentry, Austen is a miniaturist; the feminine Augustan.† ( ) She is the only female writer of her time; it was very rare to see a womanRead MoreLiterary Criticism : The Free Encyclopedia 7351 Words   |  30 PagesAn Entwicklungsroman (development novel) is a story of general growth rather than self-cultivation. An Erziehungsroman (education novel) focuses on training and formal schooling,[citation needed] while a Kà ¼nstlerroman (artist novel) is about the development of an artist and shows a growth of the self.[16] Furthermore, some memoirs and published journals can be regarded as Bildungsroman although being predominantly factual (an example being The Motorcycle Diaries by Ernesto Che Guevara).[17]Read MoreVictorian Novel9605 Words   |  39 Pagesthe Channel, in Britain was completely different. Here, the most vital issue for all citizens was stability and rising standards of living. Artists of ‘Pre- Raphaelite Brotherhood’ claimed to write only true about nature, concentrate only on the true ideas. These three years saw the rise of such works: of Bronte sisters’ Poems, Charlotte Bronte’s Jane Eyre, Emily Bronte’s Wuthering Heights, William Thackeray’s Vanity Fair. The Following twenty years could be seen as the high period of ‘VictorianRead MoreKate Bechdel s Fun Home Essay2365 Words   |  10 PagesFeminist theory, though contrary to what the statement may suggest, is not simply one theory but consists of branches of various critical approaches that target specific aspects of literature in terms of the representation of female writers (and other artists) and the feminine persona as presented in literary works. One such feminist critical approach is postcolonial feminist criticism, in which the women subjects strive to write within and yet against the processes in literature which objectify and marginalize

Thursday, December 12, 2019

Estimates By German And British Accountants -Myassignmenthelp.Com

Question: Discuss About The Estimates By German And British Accountants? Answer: Introduction Wesfarmers, since its establishment during 2014 as Western Australian farmers Cooperative, the company reached to the level of topmost listed companies in Australia. The company has its headquarter in Western Australia and the diverse business of the company includes the business of home improvements, hotels, supermarkets, liquor, departmental stores, office stores and industrial divisions for fertilizers, energy, chemicals, coal and various industrial safety products. The main objective of the company is to deliver satisfactory return to the shareholders through satisfying the requirements of customers. The company also provides healthy and safe working environment to the employees and are responsible for the expectations and attitudes of communities under which it operates its activities (Wesfarmers.com.au 2018). Classification of expenses Expenses under the income statement are classified either by function or by nature. Where the expenses are classified by nature the expenses are disclosed as per the nature, for instance, transportation cost, depreciation, wages, rents expenses and salaries. The expenses are not reallocated under the different functions of the company that is the selling cost, COGS, other expenses and administration expenses (Weil, Schipper and Francis 2013). This method of disclosing the expenses are used under single step income statement and is generally used by the small businesses owing to its simplicity. However, the main limitation of this method is that under this method the gross profit of the company cannot be calculated. On the other hand, where the expenses are classified by function the expenses are disclosed as COGS, administrative expenses and selling expenses. This method enables the calculation of operating profit and gross profit under the income statement. The classification by function approach requires further disclosures of the expenses by nature either under the income statement or under the notes (Robinson et al. 2015). Looking into the Income statement and comprehensive income statement under the annual report of Wesfarmers for the year ended 30th June it is observed that the expenses under the income statements are classified by nature and not by function. This is concluded as the expenses are classified as impairment expenses, employee benefit expenses, depreciation and amortization for instance (Wesfarmers.com.au 2018). Reasons behind different methods for classifying the expenses The reasons of classifying the expenses under different methods are as follows The classification is depended upon various factors like type of the industry to which the company belongs, type of activities carried out by the company, historical factors and nature of the company. Based on these factors the most appropriate method is used. As both the methods has its own advantages and disadvantages, the managements are required to choose the most reliable, suitable and relevant method for the company (Needles, Powers and Crosson 2013). The method is also selected based on the types of cost that is mostly incurred by the company. For instance, if the company is a manufacturing company then the cost associated are material, labour and overheads. Therefore the company will classify the expenses by nature to present the income statement more clearly and more precisely Disclosures of Accounting Policies, Estimates and Errors AASB 108 deals with the Accounting Policies, Change in Accounting Estimates and Errors. As per the standard, accounting policies refers to the specific principles and conventions which the company follows in preparation of the financial statements (Abed, Al-Badainah and Serdaneh 2012). As per AASB 108, change in accounting estimates occurs when there is a new development or on the basis of some future consideration. As per paragraph 10 of Australian Accounting Standards (AASB), if any standard which does not apply to any transaction than the management judgement will be considered in applying appropriate accounting standards which are significant in economic decision making needs of the investors or stakeholders or which are reliable to the financial statements (AASB 2014). As per paragraph 13 the companies must maintain consistency in accounting policies for similar transaction unless another accounting standard provides categorization of the same in other accounting standards. As p er paragraph 19, an organization will be accountable for the change in the accounting policies of the company resulting from the application of the accounting standard relating to transitional provisions. The paragraph further states that when there is any particular change in the accounting policies then such a change in the accounting policies will apply retrospectively. However this will be not be applicable if the case is impractical to implement retrospective changes. The disclosure requirements of AASB 108 states that the company needs to disclose the standard name, the nature of change in accounting policies, the retrospective change in the accounting policies (Wang 2014). The change in accounting estimates such as change in recording of doubtful debts, obsolete inventories and fair value of financial assets and liabilities. The change in accounting estimates is recorded to the extent that such a change will have effects on the assets and liabilities of the company. As per the annual reports of the company the company needs to incorporate the accounting standards in the notes to accounts as shown in the financial statement of the company. The company has recorded some of the accounting policies, however other accounting which the company follows need to be mentioned clearly in the notes to accounts in the financial statements. Another aspect which is a bit unclear from the analysis of Wesfarmers ltd show that certain accounting estimates are as per the judgement of the management and it is not clear how much appropriate this can be as per AASB 108. For example, revenue which is acquired from sales of gift cards are recognized when such cards are redeemed and when customers buys goods or products using such a card. This is based on the judgement of the management and estimates which can have material impact if such estimates changes (Wehrfritz and Haller 2014). The company follows straight line method of depreciation as depicted in the notes to a ccounts of the company. Another area of concern may be the estimate regarding the deferred tax assets. The notes to account states that the eligible future capital gains are utilized as tax assets which are not that much probable (Ball, Kothari and Nikolaev 2013). Depreciation, Amortization and Impairment policies Depreciation may be defined as the reduction in the value of the assets of a company over time. These reduction in the value of the asset may be due to natural wear and tear, damage, obsolescence and other factors (Bull 2014). Depreciations is charged for fixed assets or tangible assets whereas amortization is charged for intangible assets of the company (Akintoye 2012). Impairment of assets is defined as reduction in the value of the assets of the company when the carrying amount of the assets is less than the expected amount which can be recovered from the assets (Amiraslani, Iatridis and Pope 2013). As per the financial statements of Wesfarmers ltd, the company has property, plant and equipment which consist of Freehold land, Buildings, leasehold improvements, plant, vehicles, mineral leases and equipment. The company follows the policy of measuring the carrying amount of the property, plant and machinery by measuring the cost relating to the asset less the amount of depreciation and impairment. The cost of the asset also includes part of the of costs associated with replacing parts of the assets. The depreciation policy of the company as stated in the notes to accounts is charged on a straight line basis on property, plants and equipment over the useful life of the asset. As mentioned in the notes to account the estimated useful life of the buildings is between 20 and 40 years, plant is between 3 years to 20 years. Land is not depreciated as per the policy of the company. The expenditure incurred on mining areas on which production has began is amortised over the life of the mi ne. The company only charges amortization on mines if the production on such mines has started. The depreciation amount as shown in the income statement of the company for the year 2016 is $ 1296 million. Revaluation of foreign currency is shown in the financial statements of the Wesfarmers ltd. There has been a revaluation in the spot rate of the foreign bonds which the company owns. The carrying amount of such foreign bonds as shown in the financial statements is of the amount $ 2864. The company utilizes cash flow hedges in order to mitigate the risks of variability. The impairment of asset testing is done in groups which comprises of property, plants and equipment, intangible assets and goodwill. The impairment testing is done on an annual basis for intangible assets and goodwill which have indefinite life. In other cases impairment is done when the management is certain that there are adequate signs that the asset has been impaired or where the impairment amount which was previ ously recognized has changed. The impairment calculations of the company are based on the corporate plans and business forecast as prepared by the management of the company. the discounting rate which is used for the calculations of impairment amount is based on the weighted average cost of capital or through the use of benchmarking market rates. The discount rate of the company as shown in the notes to account is 8.9% and the growth rate of the company is shown at 3% which is used in the calculation of the impairment loss which is incurred by the company. Reference AASB, C.A.S., 2014. Business Combinations.Disclosure,66, p.77. Abed, S., Al-Badainah, J. and Serdaneh, J.A., 2012. The level of conservatism in accounting policies and its effect on earnings management.International Journal of Economics and Finance,4(6), p.78. Akintoye, I.R., 2012. The Relevance of Human Resource Accounting to Effective Financial Reporting.International Journal of Business Management Economic Research,3(4). Amiraslani, H., Iatridis, G.E. and Pope, P.F., 2013. Accounting for asset impairment: a test forReasons behind different methods for classifying the expenses IFRS compliance across Europe.London, UK: Centre for Financial Analysis and Reporting Research, Cass Business School. Standards, Regulations, and Financial Reporting, pp.199-223. Ball, R., Kothari, S.P. and Nikolaev, V.V., 2013. Econometrics of the Basu asymmetric timeliness coefficient and accounting conservatism.Journal of accounting research,51(5), pp.1071-1097. Bull, R.J., 2014.Accounting in business. Butterworth-Heinemann. Needles, B.E., Powers, M. and Crosson, S.V., 2013.Principles of accounting. Cengage Learning. Robinson, T.R., Henry, E., Pirie, W.L. and Broihahn, M.A., 2015.International financial statement analysis. John Wiley Sons. Wang, C., 2014. Accounting standards harmonization and financial statement comparability: Evidence from transnational information transfer.Journal of Accounting Research,52(4), pp.955-992. Wehrfritz, M. and Haller, A., 2014. National influence on the application of IFRS: Interpretations and accounting estimates by German and British accountants.Advances in Accounting,30(1), pp.196-208. Weil, R.L., Schipper, K. and Francis, J., 2013.Financial accounting: an introduction to concepts, methods and uses. Cengage Learning. Wesfarmers.com.au., 2018. Wesfarmers.com.au. [online] Available at: https://www.wesfarmers.com.au/docs/default-source/reports/2016-annual-report.pdf?sfvrsn=4 [Accessed 6 Feb. 2018].

Wednesday, December 4, 2019

Financial Performance Socially Responsible -Myassignmenthelp.Com

Questions: What Are The Specific Issues CSR Relates To The Domain Of Finance? How Far CSR Are Being Endorsed By Mainstream Financial Institutions? What Is The Association Between Ethical Investment And Islamic Principles? Answers: Introducation There are several issues that are raised in the present research paper. The first problem is the heavy unfairness in the use of debt based instruments such as murabaha that relates directly to profit and loss sharing modes of investment (Ho et al. 2014). The second issue highlighted in the paper is the strategic vision that is adopted by the Islamic banking as it got inspired by the debt-oriented conventional banking culture. The third issue highlighted in the selection of financial instruments that render higher weight to the efficiency criteria that neglects the equity criteria (Von Wallis and Klein 2015). Islamic Finance is rooted on the philosophy of equality, fairness as well as principles that directly lead to societal welfare (Revelli and Viviani 2015). Hence, it can be said that Islamic banking and Finance can be socially responsible and ethical investing. It majorly seeks social justice as well as monetary affluence of the humanity that hearten sustainable financial movement. However, Islamic Finance comes from basic requirements that are already set by the Islamic law. Same is mentioned in the Socially Responsible Investing that refers as sustainable, socially conscious as well as mission and ethical investing. Therefore, socially responsible investors are guided mainly by an ethical or moral code for investment purpose. Islam has very clear perceptions on how business should be conducted with main focus on social as well as ethical business dimensions. Islam needs Muslims to lend their lives in accordance to the Islamic legal code of Shariah where the Muslims across the world expected to follow the rules. Here, Islam places main emphasis upon the ethical values in all aspects of human lives. However, Islam teaching mainly stress upon ethical values as well as moral principles in human behavior (Platonova et al. 2016). Rationale or purpose of the study The idea of integrating moral values as well as constituent of community accountability in economic and financial matters had mainly established constant concentration in the trade world recently. In addition, social accountable financing had emerged in the West for bringing a fairer as well as more sustainable society (Charfeddine, Najah and Teulon 2016). Furthermore, Islamic banking came into existence for providing alternative ways of financing for the development needs of society and community as a whole. In that way, it is understood that both Islamic as well as socially responsible finance had been derived from the teachings of Quran and the Prophet. The main aim of the study is to assess the corporate social performance of financial institutions that adheres to the parallel ethical worldviews that include both Islamic and secular humanistic (Mallin, Farag and Ow-Yong 2014). The present research paper explains as to how far financial institutions and socially responsible financial institutions cam embrace the socially responsible approach in their core operations (Al-Khazali, Lean and Samet 2014). The study gives proper emphasis upon the extent to which institutions fulfill their economic, ethical as well as legal and discretionary responsibilities where the society can best manage with the CSR issues. Islamic Finance can be explained from the shareholder assortment by linking these overlap core principles for accessing large amount of Socially Responsible Investing funds that are made obtainable in the worldwide markets. It is important to understand the fact that momentum is being built by realizing the connectivity of Islamic funds with globally communally accountable speculation finances (Jawadi, Jawadi and Louhichi 2014) Research Objectives To evaluate the policies of SRFIs (Socially responsible financial institutions) that relates to their Corporate Social Performance To elucidate what lessons can be learned from the experiences and practices of SRFIs to better meet the needs of stakeholders To eliminate communal and inexpensive prejudice from the culture by establishing better relationship among rich and poor people To mobilize wealth among all the people in the culture To provide facilities to the poor people for creating new jobs market and trade undertaking by using their merits, ability as well as knowledge after eradicating redundancy problem from the culture Proposed Methodology Research Design In this particular research paper, the researcher needs to evaluate from the different types of research design and select the best out of it that suit the case. Research design is actually a set of methods as well as procedures that are collected and analyzed that links with the research problem identified in this paper. There are three types of research design and these are experimental research design, exploratory research design and descriptive research design (El Khamlichi et al. 2014). Experimental design is the process that help researcher for testing the theory by reaching to suitable conclusion on matters relating to finding relationship between independent as well as dependent variables (Borgers et al. 2015). This type of research design refers to the conceptual framework where the experiment is being conducted. Exploratory research design is the process that develops operations definitions as well as improves the final research design. This type of research design helps the researcher to decide the best research design as well as subject selection and data collection method (Bennett and Iqbal 2013). Descriptive research design is the study that is conducted by the researcher to depict the participants in the most accurate way. There are further two ways to collect information and these are case study and observational. Case study means in-depth study of an individual or a group of individuals (Alamer et al. 2015). Observational means a method that is used for viewing and recording of activities participants For this research study, the researcher will be selecting descriptive research study as this design describes situations. In same way, the major purpose of the section is to find out whether Islamic banking and finance are socially responsible. This is a situation that needs to be best understood in this study in a descriptive way (Abedifar et al. 2015). Research Philosophy Positivism, Interpretivism and Realism are the main three types of research philosophy. Positivism is a hypothesis that states certain information is based on natural occurrence as well as their possessions and relations. Furthermore, the data are mainly derived from sensory knowledge that is inferring through proper reasoning and logic so that it forms the restricted sources of specific information. Interpretivism is an approach to social science that resists the positivism of natural science. This research philosophy is used when the research uses qualitative data sources for researching purpose. Therefore, Interpretivism is a school of thought in contemporary as well as law philosophy (Abdul-Rahman 2014). Realism is one of the research philosophies that rely mainly on the idea of autonomy of realism from the human mankind. This particular research viewpoint is based on the hypothesis of a methodical approach for developing accurate knowledge. For this study, the researcher will be using Positivism Research Philosophy as it deals with scientific collection of accurate data and this is possible only by using quantitative sources of data. The present study adopts quantitative research method for conducting the study so as to understand whether Islamic Banking and Finance are using ethically investing and social responsibility in their operations. Research Approach Deductive approach aims at testing the theory while inductive approach deals with the generation of new hypothesis that emerges from the information. For this research study, the researcher will be using deductive approach as it works from more general to the more specific (Abdelsalam et al. 2014). Data Sources The sources of data used in the study will be quantitative data by the researcher. Data Collection techniques The techniques that will be used by the researcher for this study will be questionnaire method where the questions will be asked to participants (both Muslim and Non-Muslim) regarding Islamic banks and finance on how far they had adopted socially responsibility and ethical investing. Issues of reliability and validity The researcher has to make sure that the data collected for the study is reliable and valid at the same time otherwise the purpose of the research will be wasted if any discrepancy is present. The researcher need to Sampling techniques The sample size will be 50 Muslims and 50 Non-Muslims participants. The sampling technique used in the study will be simple random sampling method where sample participants will be selected randomly without any biasness. Data analysis and interpretation Quantitative data will be analyzed by the researcher by using different statistical methods like correlation and regression. These tools will be represented by using SPSS software. Data will be collected by using GoogleForms where the participants will answer the questions asked in the questionnaire. Conclusion At the end of the section, it is concluded that Islamic Finance and Islamic Banking mainly can be seen as new thoughts and function to bring principles and communal fairness into the monetary and financial fields. In addition, the Islamic financial scheme actually has moral foundations that are based on achieving wealth as well as fair sharing of profits and possessions in and across the culture. One of the ways that can be used to manifest the communal role of Islamic banks is mitigation of poverty by providing business to the poor for increasing their profits and possessions. Here, it is noted that Islamic Banks plays major role in providing communally attractive speculation by putting strong prominence upon the principled and ethical proportions of conducting the trade and selecting the behavior or commodities that need to be financed. Furthermore, Islamic banks have different principles that include commitments to the communal interest, human welfare endorsement as well as care f or the surroundings and deals with financial and communal fairness. It is important to consider the fact that financial accounting services help poor people and has significant contribution towards poverty reduction. It can be enhanced by increasing the Islamic banking behavior into rural areas as well as small group of people that increases mobilization of economic resources through the collection of Muslims Zakah and Sadaquah that need to be directed to the poor people. Therefore, the Islamic banks need to uphold close contacts with the poor people that either directly or ultimately cooperates with the legislative and non-governmental organization. References Abdelsalam, O., Duygun, M., Matalln-Sez, J.C. and Tortosa-Ausina, E., 2014. Do ethics imply persistence? The case of Islamic and socially responsible funds.Journal of Banking Finance,40, pp.182-194. Abdul-Rahman, Y., 2014.The Art of RF (Riba-Free) Islamic Banking and Finance: Tools and Techniques for Community-Based Banking. John Wiley Sons. Abedifar, P., Ebrahim, S.M., Molyneux, P. and Tarazi, A., 2015. Islamic banking and finance: recent empirical literature and directions for future research.Journal of Economic Surveys,29(4), pp.637-670. Alamer, A.R.A., Salamon, H.B., Qureshi, M.I. and Rasli, A.M., 2015. CSR's Measuring Corporate Social Responsibility Practice in Islamic Banking: A Review.International Journal of Economics and Financial Issues,5(1S). Al-Khazali, O., Lean, H.H. and Samet, A., 2014. Do Islamic stock indexes outperform conventional stock indexes? A stochastic dominance approach.Pacific-Basin Finance Journal,28, pp.29-46. Bennett, M.S. and Iqbal, Z., 2013. How socially responsible investing can help bridge the gap between Islamic and conventional financial markets.International Journal of Islamic and Middle Eastern Finance and Management,6(3), pp.211-225. Borgers, A., Derwall, J., Koedijk, K. and ter Horst, J., 2015. Do social factors influence investment behavior and performance? Evidence from mutual fund holdings.Journal of Banking Finance,60, pp.112-126. Charfeddine, L., Najah, A. and Teulon, F., 2016. Socially responsible investing and Islamic funds: New perspectives for portfolio allocation.Research in International Business and Finance,36, pp.351-361. El Khamlichi, A., Sarkar, K., Arouri, M. and Teulon, F., 2014. Are Islamic equity indices more efficient than their conventional counterparts? Evidence from major global index families.Journal of Applied Business Research,30(4), p.1137. Fang, E.S. and Foucart, R., 2014. Western financial agents and Islamic ethics.Journal of Business Ethics 123(3), pp.475-491. Ho, C.S.F., Rahman, N.A.A., Yusuf, N.H.M. and Zamzamin, Z., 2014. Performance of global Islamic versus conventional share indices: International evidence.Pacific-Basin Finance Journal,28, pp.110-121. Jawadi, F., Jawadi, N. and Louhichi, W., 2014. Conventional and Islamic stock price performance: An empirical investigation.International Economics,137, pp.73-87. Mallin, C., Farag, H. and Ow-Yong, K., 2014. Corporate social responsibility and financial performance in Islamic banks.Journal of Economic Behavior Organization,103, pp.S21-S38. Platonova, E., Asutay, M., Dixon, R. and Mohammad, S., 2016. The impact of corporate social responsibility disclosure on financial performance: evidence from the GCC Islamic Banking Sector.Journal of Business Ethics, pp.1-21. Revelli, C. and Viviani, J.L., 2015. Financial performance of socially responsible investing (SRI): what have we learned? A meta?analysis.Business Ethics: A European Review,24(2), pp.158-185. Von Wallis, M. and Klein, C., 2015. Ethical requirement and financial interest: a literature review on socially responsible investing.Business Research,8(1), pp.61-98.