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What is an intangible Asset? Intasngible assets are assets we cannot physically touch: These include patents, copyrights, trade marks, franchises,and brand names. To put an end to any fantasy valuations, currently you cannot put internally developed intangible assets on the company balance sheet. However intangible assets aquired from a 3rd party are carried on the balance sheet at fair value. McDonalds for example benefit from having a Durable competitive advantage ( A Warren Buffet must have)
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When times are tough and our workload piles up, we often reduce our worship while we catch up on work. Sometimes we need to snap out of it and ask: why are we working? Why are we studying? Are we in our own little rat-race? Muslims believe in an intangible measurement: barakah. The concept of barakah obliterates our mechanical view of the world. “The more time I spend on the task, the more I’ll get done.” Nope. Don’t some people’s paycheques go further than others? Don’t some people’s time yield
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