This Promissory Note Is Made And Executed This: Fill & Download for Free

One of the events that is mirrored is the destruction of the Knights Templar order in the 14th century.The Knights Templar was an international order that was dedicated to the restoration of King Solomon’s Temple.They also used their position and influence to act as international bankers. A pilgrim could take a promissory note from England and exchanged it for gold in another country where the Knight Templar worked. They made a lot of money this way. Their Order spread throughout the whole of Europe.The King of France and the Pope grew jealous of their wealth and power. And they conspired to destroy them and steal their wealth. They did it on Friday 13th.Virtually the entire order was captured, tortured and executed.This might have inspired the idea of Order 66 plot as seen in Star Wars.The Jedi Order would have gained immense wealth and knowledge over the centuries. The Emperor would have been increased in capturing that as well.

Usury is charging of interest on loans - win, lose or draw, the guy making the loan is going to be paid a little extra or else the debtor has broken the agreement. As the question states, Islam specifically forbids the practice, which tends to make capital accumulation harder.Still, pre-Mongol Islam was quite the hot-spot for learning and invention (well, more so than Western Europe at the time, anyways) so medieval Muslims came up with ways to make capital accumulation easier. Many of these practices spread to Europe at about the time of the Renaissance, and are still used today, both in western and Islamic banking.MudarabahThis refers to a specific type of partnership typically involving two people who we'll call "the money" and "the brains." The money gives the brains cash (at the time, it would have been gold dinars) for a specific venture, the brains executes the venture. If it's successful, profit is split according to a pre-arranged ratio. If it's a failure, the money loses his investment and the brains loses his time and effort.MusharakahA group of investors come together and start up a limited partnership. Each partner may be involved in the day-to-day running of the venture as much as they care to be and may sink in as much capital as they wish. Profit is shared according to pre-arranged ratios, loss is shared according to how much each partner invested.MurabahahA person declares how much he paid for a commodity, then declares the markup.Checking and Promissory NotesChecks are instructions from Person A to Person B to pay Person C a certain amount of money. Promissory notes are promises made by Person A to pay Person B a set amount of money when Person B asks for it. Neither typically comes with interest even in western banking, but it's an effective means of moving capital about and allowing it to pile up.Qard HassanOne person loans another person money, the borrower pays back exactly the amount borrowed. This actually turned out to be a highly useful means of going about lending during the time of the Caliphate because lending was a very personal process (the borrower and lender had to know each other) which meant that loans were often paid back with a little extra as a thank you - charging interest is forbidden, but receiving gifts is not.

Absolutely - For Demonetization he could haveDemonetization could have been made so much more efficient and betterAll he had to do was the following:-(a) Announce Decision to Demonetize all 500s and 1000 notes on 8th September 2016 and give upto 60 days for people to get all their 500s and 1000s replaced.(b) Announce that from 9th September 2016- No Individual could deposit more than Rs. 2 Lacs in Cash into all Savings Accounts linked to their PAN Number (Either 2 Lac in a Single Account or Rs. 40 K into 5 Accounts or any ratio) OR 5* Highest Daily Balance for the last 180 days - whichever is lesserIndividuals whose accounts are NOT linked with PAN number - can deposit only a maximum of Rs. 10,000/- in CASH.This means Benamis cannot deposit Rs. 2 Lacs into a SB account where the daily balance has never exceeded Rs. 10,000/-. They can only deposit Rs. 50,000/- in cash.(c) Announce that every Cash deposit into a SB Account which was higher than Rs. 2 Lacs or 5 times the Highest Daily Balance for last 180 days (Whichever is lesser) - outright 40% will be deducted as Tax which can be reclaimed by the depositor if the depositor feels the money is entitled to do so. This means if a Depositor deposited Rs. 5 Lacs into his SB Account - he has to pay Rs. 1.2 Lacs as Tax outright.(d) Announce that After 8th November 2016 - Any Individual Pan Card Holder having more than Rs. 2 Lacs in Cash (In Any Denomination) - shall have the excess cash confiscated and not be eligible for any refund, the excess cash shall be deposited into the PM Relief Fund and the Rozgar Yojna Fund. [Amount is enhanced to Rs. 10 Lacs Cash for Weddings or Hospital Expenses]This means if there is a raid on a house and there are 3 Resident pAN Card Holders - then maximum of Rs. 6 Lacs cash can be on the premises. If there is 40 lacs - then 34 Lacs will be outrightly confiscated with no refunds.For organizations this amount shall be Rs. 10 Lacs cash maximum for a 24 hour period. So Textile Shops and Major Establishments which deal in cash must mandatorily deposit their cash with the Bank within 24 hours or face confiscation of the entire cash with no refunds.(e) From 9.9.2016 to 31.3.2017 - Withdrawal from Bank in Cash shall be restricted to:-Upto a maximum of Rs. 1 Lac a month from all SB Accounts for Individuals whose PAN Cards are linked to their accountsUpto a maximum of Rs. 10,000/- a month from all SB Accounts for Individuals whose PAN Cards are NOT linked to their accounts(f) From 9.9.2016 to 31.3.2017 - RUPAY Cards shall not deduct any commission or charges for Swiping Credit Cards at Outlets by Customers. Additionally Govt of India shall provide a Bonus of Rs. 1/- for every Rs. 1000/- of Digital Transactions in the form of Tax Credits to the Retail Outlet.This way shall ensure Corruption is really eliminated to a good extent because People with Black money simply cannot deposit the cash into bank accounts without paying 40% to the Income Tax Departmentand Benamis will not work because Benami Accounts cannot be deposited with more than 5 times the Highest Daily Balance (Meaning if HDB was Rs. 1000/- - then only Rs. 5000/- cash can be deposited in the Benami account from 9/9/2016 to 31/3/2017)This way India could have had Rs. 15.94 Trillion demonetized and only Rs. 10.64 Trillion returned which means around Rs. 5.30 Trillion benefit to the economy instead of a Rs. 67000 Crore loss.Punitive Laws:-(a) From 9.9.2016 - No person must lend money to another person in Cash unless a Promissory Note is Executed if the Sum is more than Rs. 2 Lacs. Likewise No Person must engage in any transaction where more than Rs. 2 Lacs is involved. Any Person who engages in any transaction where more than Rs. 2 Lacs is involved - SHALL NOT HAVE PROTECTION OF POLICE OR COURTSMeaning a Guy who has lent another guy Rs. 2 Lacs in Cash without a Promissory note - cannot find justice in Police Station or Court which will dismiss the case outright because of the Cash Component. Same with 138 NI Act.(b) From 1.1.2017 - Any Hospital which accepts more than Rs. 2 Lacs Cash on a single Bill will have to notify the PAN Card Number of the person paying Cash to the Government. Any Hospital not notifying the Govt shall be imposed a fine of not less than Rs. 10 lacs which can extend upto Rs. 1 Crore and / or upto 2 Months Imprisonment for the Accounts Department Executives involved in the transactionSame for Gold Showrooms, Auto Showrooms (Car Showrooms etc)Instead in his typical haphazard manner - he wiped out the Economy.