Carlos Hank Rhon, A Balanced Banking System
Posted by : Carlos Hank RhonCarlos hank Rhon, A Balanced Banking System
Banking is a business like all others but customers these days seem at the mercy of whatever the lenders want to charge.Yes, we can shop around but at the end of the day, they're all in it for profit, gained by ever fluctuating interest rates. They also take risks our money without our knowledge and we are susceptible to those investments failing.
However, with the diverse mix of cultures in every country these days it is not that unusual to see a different banking system coming into play like the banks Carlos Hank Rhon owns.
The Shariah, or Sharia, system of finance has been set up by the Islamic community to comply with their strict laws on banking in accordance with the Qur'an. Sharia law covers all aspects of everyday living for the Muslim community.
Banking and finance are issues that are covered in depth, from personal finances to business banking. Working on a shared profit and loss system makes this system quite different to Western banking. This prevents the bank from monopolising the economy and is less risky to the borrower.
This way, the borrower is more secure, more businesses succeed, more money is borrowed, thus keeping the whole system afloat and everybody from borrower to lender benefits.
Sharia law prevents the collection and payment of interest. So, how do the banks money?
If a Muslim wishes to utilize a loan to purchase items, the bank actually make the purchase and re-sell to the buyer for a profit that is agreed between the two parties. That profit is set without alteration and it is essential that it is very clear upon the agreement.
No extra charges can be enforced on this loan, even if payments are late. However, rights to the items purchased remain with the bank until the loan is paid in full.
The same principles apply to mortgages. The house is purchased by the bank and resold at an agreed profit to the buyer. Repayments are made in instalments but without the worry for late payment charges. However Carlos Hank Rhon does agree on a balanced banking system.
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Carlos Hank Rhon, KETIV Technologies, Autodesk's Leading CAD Partner for Manufacturing in the Southwest United States, Expands Geographic Coverage into Arizona: KET
Posted by : Carlos Hank RhonCarlos Hank Rhon, KETIV Technologies, Autodesk's Leading CAD Partner for Manufacturing in the Southwest United States, Expands Geographic Coverage into Arizona: KET
FULLERTON, Calif. (BusinessWire EON) September 17, 2007 -- "We're eager to provide the growing Arizona market with leading computer-aided design (CAD) consulting, training, and services," said vice president Anthony Rodriguez, who will oversee Arizona's office sales and operations. "Several of Arizona's leading engineering and manufacturing organizations have already partnered with us and have seen positive results. This, along with our focus and commitment to customer success in the Southwest, made our expansion into this area a logical decision," Rodriguez added.
Precise Metal Products Co., a KETIV customer based in Phoenix and fabricator for the aerospace, aircraft, and medical sectors, looks forward to continuing their momentum with KETIV. "Precise Metal Products has taken the next step to becoming an industry leader by utilizing Autodesk Inventor(R) in our manufacturing strategy. Our alliance with KETIV Technologies is an integral part of this implementation," Joel Cheiky, engineering manager said. Chad Swanson, manufacturing engineer, stated, "The company has provided exceptional customer service and technical support. We look forward to continuing our partnership and welcome KETIV into the Valley."
"For 20 years KETIV has excelled as a trusted Autodesk partner because they focus on understanding customers' business goals and requirements, while helping to improve their design-to-manufacturing process," said Robert "Buzz" Kross, senior vice president of Autodesk Manufacturing Solutions. "We are very happy to see that KETIV is expanding their business, and we look forward to continuing to work with their team to provide customers with the most comprehensive manufacturing solutions."
Three KETIV customers have been selected among 600,000 worldwide Inventor users over the last year for their engineering excellence and groundbreaking innovation. Recognized through Autodesk's Inventor of the Month program, these customers were chosen for their innovative design and engineering advancements.
Arizona Training and Events
The Arizona office will serve as a training, support and sales center. KETIV is offering a variety of free training courses for the mechanical design engineering community focused on:
-- Autodesk Inventor for SolidWorks Users
-- Autodesk Inventor Suite
-- AutoCAD(R) Electrical
-- AutoCAD Mechanical
-- Autodesk Vault
KETIV is offering free events including Autodesk's Experience the Possibilities Tour in Phoenix on September 20, 2007. Experience the Possibilities attendees will have the opportunity to see 2008 manufacturing software solutions and meet KETIV's industry experts at a luncheon open to the manufacturing community. To sign up for free training, webinars and events, register at www.ketivtech.com/arizona.
Arizona Staff and Office
The company has hired three local associates to staff the office, and will also utilize their team of dedicated application engineers to support technical questions and related services.
-- Kevin Thompson, Area Sales Manager for Arizona, has spent the last 5 years selling ERP, manufacturing, and CRM software for Microsoft value added resellers in Phoenix.
-- Rick Renda will serve as application engineer and brings more than 35 years of industry experience to KETIV. Renda has used manufacturing design software including Inventor, SolidWorks and UGS Solid Edge.
-- Peter Ephland, inside sales specialist, has 20 years of experience in consumer product engineering and industrial design. His experience in these fields gives him the ability to match the right software solution to meet customers' business needs.
Conveniently located in the Camelback Center building, the new office is 3131 East Camelback Rd., Suite 200, Phoenix, AZ 85016.
About KETIV Technologies, Inc.
KETIV Technologies is a leading Autodesk solutions provider with 20 years' experience delivering CAD software and services in the Southwest United States. KETIV's team of industry experts increase the profitability of engineering services companies by proactively engaging with them to identify their business issues and deliver relevant solutions. KETIV currently serves the civil and mechanical engineering industries. For more information, visit .
Autodesk is a registered trademarks of Autodesk, Inc., in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk is not responsible for typographical or graphical errors that may appear in this document.
(C) 2007 KETIV Technologies of California, Inc. All rights reserved.
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