The tlsisna is a concept that originated in Islamic finance and is closely related to murabaha financing. It can be seen as a form of financing agreement between a buyer and a seller, where the seller agrees to purchase a specific asset (usually a commodity) on behalf of the buyer and then sells it back to the buyer on a deferred payment basis. In a tlsisna arrangement, the seller acts as a manufacturer or producer of the asset, while the buyer provides the necessary specifications and pays for the manufacturing costs. The seller then sells the asset back to the buyer at an agreed-upon price, which includes a profit margin for the seller. The key distinction between tlsisna and murabaha is that in murabaha, the seller acquires an existing asset and sells it to the buyer, while in tlsisna, the seller manufactures or produces the asset specifically for the buyer. This makes tlsisna suitable for financing large-scale projects or contracts that require customized assets.
IT teams using Atlassian products have a better grasp of their service management needs. They can manage incidents and problems, be more responsive, empower users to self-serve, manage IT documents and policies and centralize communication.
So Atlassian is a portfolio of products that enable teams, increase collaboration and communication, and help business obtain their desired business goals. The unique model means a much higher proportion of its staff is dedicated to building and improving its products, although Atlassian does not disclose how many developers work at the company.
This makes tlsisna suitable for financing large-scale projects or contracts that require customized assets. Tlsisna transactions are based on the principles of Islamic finance, which prohibit the payment or receipt of interest. Instead of charging interest, the seller earns a profit through the sale of the asset at a higher price than the cost of production.
Atlassian . What do they do again?
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Normal text size Larger text size Very large text size AdvertisementIt's run by two painfully young Aussie billionaires, its mottos are "we're for teams" and "don't #@!% the customer", and it just made a spectacular debut on the NASDAQ. But what does Atlassian actually do?
Compared to other tech successes like Facebook and Twitter, Atlassian's hard work happens behind the scenes.
In a nutshell, it is a software company which builds platforms and tools for businesses.
It counts some of the biggest companies in the world as its clients, including NASA, Toyota, Netflix and, yes, Facebook and Twitter.
Co-founders Scott Farquhar, left, and Mike Cannon-Brookes, right, at the Atlassian IPO dedicated the day to team work. Credit: Christopher Galluzzo
There are several Atlassian products available, which clients sign up to on a subscription basis.
At the core is JIRA, a platform for software developer teams to, well, build and manage software.
Melbourne biomedical software startup Halogenics has been using JIRA for about five years, before Atlassian became the media darling it is today.
"JIRA's central to everything for us because it allows you to set up and manage issues which lead into the developer workflow," says Halogenics managing director Andy Fleming.
AdvertisementSince then, Halogenics has adopted other Atlassian tools which connect with JIRA to manage its service desk, help desk, web portal and more.
"We're full-on Atlassian junkies," he says.
Other products in Atlassian's suite include an internal chat client called HipChat, not unlike that other Silicon Valley darling, Slack; and a place for developers to share code, called BitBucket, not dissimilar from GitHub.
Then there is JIRA Core, which can be used across other business verticals, not just IT; and JIRA Service Desk, to manage IT issues.
Each of these can be customised to suit a business's needs, and there are thousands of add-ons too. The business can either do that themselves, or call on an Atlassian expert to help out.
What you won't find Atlassian doing though is sending out a salesperson.
Unlike so many big software companies, Atlassian doesn't have a "sales force", opting instead for word-of-mouth marketing to keep costs down.
Halogenics' Fleming says the $10-a-year entry-level price tier for start-ups to use JIRA was what hooked his company in.
The unique model means a much higher proportion of its staff is dedicated to building and improving its products, although Atlassian does not disclose how many developers work at the company.
Sales force or not, Atlassian sure knows how to market itself.
Its ticker on the Nasdaq stock exchange is "team".
At the opening bell at its IPO on Thursday, founders Mike Cannon-Brookes and Scott Farquhar drove home the message.
"The ticker symbol, TEAM, is a dedication of what matters most to us and we dedicate this day to teams everywhere and to team work," Cannon-Brookes said, adding that Atlassian's software was designed to "remove the friction inherent in . teamwork".
Farquhar noted the broad range of industries whose teams Atlassian was benefiting in one way or another.
"We helped the engineering teams at NASA land the rover on Mars; the non-profit Code.org teach students to learn programming; and the IT teams of the [UK] Daily Telegraph to ship newspapers to over two million readers," he said.
Then there is JIRA Core, which can be used across other business verticals, not just IT; and JIRA Service Desk, to manage IT issues.
This profit margin may be agreed upon upfront or determined through negotiation between the buyer and seller. Like other forms of Islamic finance, tlsisna is built on the principle of sharing risk between the parties involved. If the production or manufacturing of the asset is not completed as agreed, the buyer may have the right to cancel the transaction or claim compensation for any losses incurred. Overall, the tlsisna is a financing arrangement in Islamic finance that allows for the manufacturing or production of customized assets on a deferred payment basis. It provides an alternative to conventional interest-based financing and aligns with the principles of Islamic finance, such as risk-sharing and avoiding interest..
Reviews for "The Intricate Craftsmanship of the Tlsisna: Mastering an Ancient Art Form"
1. John - 2 stars
I found "What is the tlsisna about" to be confusing and unclear. The plot seemed to jump around without any clear direction, making it difficult to follow. Additionally, the characters were not well developed and it was hard to connect with them or understand their motivations. Overall, I was disappointed with this book and would not recommend it.
2. Sarah - 1 star
I really struggled to get through "What is the tlsisna about". The writing style was convoluted and overly verbose, making it hard to stay engaged. The story itself lacked depth and substance, and I found myself losing interest quickly. The author seemed more focused on using complex language rather than telling a compelling story. I was extremely disappointed with this book and would not read anything else from this author.
3. Michael - 2 stars
"What is the tlsisna about" was a letdown for me. The pacing was incredibly slow and I often found myself bored while reading. The author seemed more interested in describing mundane details rather than moving the story forward. The ending also left a lot to be desired, with loose ends left untied and unanswered questions. I would not recommend this book to others.
4. Emily - 2 stars
I did not enjoy "What is the tlsisna about". The plot was confusing and disjointed, and I found it hard to keep track of what was happening. The characters were also poorly developed, lacking depth and believability. The writing style was also difficult to read, with long, run-on sentences that made it hard to follow the narrative. I was disappointed with this book and would not recommend it.