It's starting in Africa and India, even though the latter plans to ban cryptocurrency.
endowment fund 在 Engadget Facebook 的最佳解答
endowment fund 在 Dr Mohd Daud Bakar - Shariah Minds - Minda Syariah Facebook 的最佳解答
Endowment Fund to IIBF of IIUM
Yesterday, after the Friday prayer, I had witnessed the presentation of the endowment fund worth of AED2.5 million (RM2.8 million) by the Noor Bank in Dubai to Institute of Islamic Banking and Finance (IIBF) of IIUM. It was a great event as this reflected the participation by the private sector in joining hands together with academic institutions to support the noble course of education.
The whole thing started when IIBF team, led by Prof. Dr Faridah (the Deputy Rector) visited UAE and presented the idea of endowment fund to a few financial institutions a few months ago. Noor Bank has responded positively. Congratulations to everyone for this great job. Keep doing this far-reaching initiative in the near and far future.
In the evening, we have put a special dinner to Dr Adnan Aziz (the Head of Shariah, Noor Bank) and his wife. I had the privilage to be with everyone. Apart from social talk, we have had some industry talk which is always refreshing.
I have had known Dr Adnan Aziz since 2006 while working as Shariah board member of Dar al-Istithmar in London. He was then the Head of Product Structuring. I have also joined the Shariah board of Noor Bank since 2007 since its inception.
In life, we just need to learn new thing every single day. Also, we just need to contribute back every single day. If we do this, we can make the world in our favour.
Thanks Noor Bank and congratulations IIBF.
MDB...President of IIUM
endowment fund 在 竹軒的理財筆記 Facebook 的最佳貼文
誰是柏格的頭號粉絲？
答案是華倫.巴菲特
What a Boglehead he is, this Mr. Warren Buffett :-) :-) :-)
"If my $114.75 had been invested in a no-fee S&P 500 index fund, and all dividends had been reinvested, my stake would have grown to be worth (pre-taxes) $606,811 on January 31, 2019 (the latest data available before the printing of this letter). That is a gain of 5,288 for 1. Meanwhile, a $1 million investment by a tax-free institution of that time – say, a pension fund or college endowment – would have grown to about $5.3 billion.
Let me add one additional calculation that I believe will shock you: If that hypothetical institution had paid only 1% of assets annually to various “helpers,” such as investment managers and consultants, its gain would have been cut in half, to $2.65 billion. That’s what happens over 77 years when the 11.8% annual return actually achieved by the S&P 500 is recalculated at a 10.8% rate."
- Warren Buffett, chairman and CEO of Berkshire Hathaway, annual shareholder letter released on Feb 23, 2019
http://www.berkshirehathaway.com/letters/2018ltr.pdf
endowment fund 在 Endowment Fund - Overview, How It Works, Types 的相關結果
An endowment fund is an investment portfolio with the initial capital deriving from donations. Endowment funds are established to fund ... ... <看更多>
endowment fund 在 Understanding Endowments: Types and Policies That Govern ... 的相關結果
An endowment is a nonprofit's investable assets, which are used for operations or programs that are consistent with the wishes of the donor(s). ... <看更多>
endowment fund 在 捐贈基金 - MBA智库百科 的相關結果
捐贈基金(endowment fund;donated fund;endowment)捐贈基金是指由已註冊的組織持有，用於某些特定的非營利目的。它們靠一個或多個贊助人捐贈來融資，並通常由教育、 ... ... <看更多>