|Home | Issues | The Daily Star Home | Volume 1, Issue 7, Tuesday July 15, 2003|
Nasreen Sattar Senior Business Development Manager Standard Chartered Bank
The Modern age is the period of business and technology. In the business
arena banking is playing a pivotal role especially in the export and
import business. It is to be mentioned that business is valid in Islam
but interest is prohibited. In our country Islami Bank is announcing
that it is doing interest-free banking. To what extent it is correct
and how can we judge the correctness?
Dear Mr. Rahman
Can I encash my Shanchaya Patras (Govt. Bonds) before maturity? I need
the funds urgently as my daughter is getting married.
Yes, you can encash them at any time. However, if you encash before
completion of one year, no interest will be paid to you. If encashed
any time between one year till maturity, you will be paid a discounted
rate (reduced rate) of interest from the initial contracted rate. In
such cases interest rate will also vary depending upon the time elapsed
from the date of issuance of the bonds. For example, if you want to
encash them after one and a half years you will get interest for only
How can I obtain a Standard Chartered International Credit Card and
what types of International Cards do you offer?
You will be required to have a US$ account, either RFCD (Resident Foreign
Currency Deposit) or ERQ (Exporters Retention quota) FCY account to
apply for Standard Chartered International Credit Card. We are currently
offering Visa Classic and Visa Gold International Cards. The minimum
limits for these cards are US$ 500/ - and US$ 5000/. The maximum limits
are US$4500 and US$ 20,000/ respectively. Please note we will require
to keep a lien amount of 112% of the credit limit (as per the foreign
exchange regulation). Repayment of the card will also have to be made
in US$ cheque, debit instruction or standing order.
Anwara Chowdhury Guidance Counselor
Q. Can you relate the importance of bereavement counseling?
Bereavement or loss by death is only one of the many experiences of
loss faced during the course of our lives. Bereavements can be described
as the loss of something that is precious. It is often used in the context
of losing a person, but it may include the loss of an inanimate object,
the ending of a relationship, a change in a particular life situation
or any kind of unexpected experiences in a person's life.
touches all of us throughout our lives, yet its existence is not always
recognized, except in extreme cases such as death or divorce. The process
of loss remains a source of stress. Unless the loss is recognized, acknowledged
and grieving is encouraged, it can be difficult to move on with the
rest of our lives. "There is no growth without pain and conflict
and no loss that cannot lead to gain".
plays a major role in a person's life. The grieving process can be hindered
when society places behavioral barriers towards the bereavement process.
Sometimes the bereaved uses different types of mechanisms to avoid feeling
any pain from the loss. If this bereavement process is not adequately
completed then later in life there may be difficulties and complications.
the grieving period survivors are often selective in choosing with whom
they can share their feelings. Sometimes they pretend that everything
is fine and they are coping well. This delusion occurs to those who
cannot tolerate the thought of demise. Sometimes when they cannot cope
with denial they vent their anger on others because their dreams and
hopes were prematurely ended. Dealing with loss involves a process of
grief and mourning which has separate stages: shock and numbness, denial
and yearning, despair and disorganization, acceptance and recovery.
A survivor experiences these stages through the mourning period to accept
the reality of the loss. When survivors are assisted in going through
the stages, they find it easier to accept their fate without so much
pain and struggling.
Counseling involves helping a person to go through a normal grief stage
to a healthy completion. The bereaved person supported by a counselor
goes through the different stages to accept the reality of the loss.
One of the aims of grief counseling is to help the bereaved person to
go through this difficult task so they do not have to carry the pain
throughout their lives. It is essential to acknowledge this and work
through the pain or it could result in stress and other physical symptoms.
Q. I am extremely concerned about my 14 years son. Over a period of time he has become very quiet and subdued. He spends most of his time in his room. Please advice me on this issue. -Sharmin
I believe this kind of situation may create a stressful environment, which is not at all helpful to you or to your child. My advice is to make time for him. Discuss with your son some of the issues I have mentioned if you feel they are relevant .Do not accuse him about his behaviour. Be sympathetic to his problems and treat him with respect.
further details or advice contact Anwara Chowdhury
parlour, located in Baridhara is running with great success since the
parlour was opened as a branch two years back by the country's beauty
legend from Chittagong with an experience of over thirty five years.
The parlour is well decorated and has a classy-expensive look to cater
to the needs of its customers. Some of the staff have experience of
well over twenty years and have extensive training both at home and
abroad. The parlour has already made an impact despite some parlours
in the area, which are well established. Lucy runs the biggest parlour
in the country in Chittagong having well over 50 girls. Being a regular
customer for the first ten years with Lucy, I dare say she is the best
in the trade.
By Shireen Akhtar
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