In this modern era, the innovation plays a crucial part in our lives.

With this innovation, our lives

will become more easier to make something. Nowadays, we can see innovation in technology are very
spread ahead because it marks a benchmark for all the development activity globally. We can imagine
that the innovation is most likely the robot will do everything for us and we just take the result to use in
our daily live. Even though most people might not agree with the statement, but we strongly agree that
the innovation really make us become lazier because innovation did not use manpower and lack of
quality time with friends and family. However, it is undeniable that innovation we can save our time to
do a work and it will reduce costs.

However, we cannot deny that innovation can save our time to do a work. This is true because
the increment in innovation is about getting something at the same time or maybe in less time. There
are also examples of the result of innovation. Interestingly, the reason we are not innovating have to do
with time, too much time spent doing other stuff. When it comes down to this, innovators and
developers have similar struggles and time are among the most critical. Innovation has been about
earning or saving time for much of human society. New appliances such as an automatic refrigerator, a
dishwasher, a clothes dryer and other appliances have been developed to save people time. Later
applications like online gaming and Facebook appear to occupy the time all previous technologies saved,
perhaps, but so many technological innovations are based on making users more effective. Thus, it is
improve that innovation can save our time.

Besides, innovation also will reduce the costs. This is because when there is an innovation in our
lives, it may help to do everything only at fingertips. As an example, nowadays everyone tends to buy
everything via online, so it may reduce the cost of car fuel or maybe bus ticket to go to a market to buy
all those needed. We just order all the stuff and need to pay for delivery charge only. At the same time,
it may reduce the air pollution so it may help to prevent our ozone to become more thinner. We can see
that people will not become lazy but it just to prevent uncertainty happened. Overall, innovation can
reduced the cost.

TY - JOUR

AU - Mohamed Naim, Asmadi

PY - 2014/06/01

SP - 87

EP - 112

T1 - Pre-Signing and Sequence in Contract Execution of Islamic Banking Products

VL - 6

DO - 10.12816/0019253

JO - ISRA International Journal of Islamic Finance

ER -