What are the impacts of the global financial crisis on Islamic banking system and how Islamic bank spared from the crisis? Accounting Master ’s thesis Salad Addawe 2012 Department of Accounting Aalto University School of Economics i What are the impacts of the global financial crisis on Islamic banking system and how Islamic bank spared from the crisis? Master’s Thesis Salad Araye Addawe Winter 2012 Accounting Approved in the Department of
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Islamic Economics Economics studies are devoted with the economical behavior of individuals and societies‚ for instance production‚ consumption‚ saving‚ good exchange and so on. Every nation is supposed to regulate the production of goods and services as demanded by the people‚ consumers‚ thus any economic system needs to answer four main questions: 1- What to produce of goods and services? 2- How to produce these goods and services? 3- Who to produce to these goods and services
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The New York Times article that I have chosen to speak about in this paper was reported on November 19th‚ 2015. The article is about the Paris Attack Terrorist‚ Abdelhamid Abaaoud‚ who was killed in a shootout. Abdelhamid Abaaoud had been planning the terror attack eleven month prior to the attacks in Paris. Abdelhamid Abaaoud was to believe to a part of multiple of other planned terror attacks that were foiled times before. The article retells of his escape from central intelligence and his belief
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Introduction Islamic banking is banking based on Islamic law (Shariah). It follows the Shariah‚ called fiqh muamalat (Islamic rules on transactions). The rules and practices of fiqh muamalat came from the Quran and the Sunnah‚ and other secondary sources of Islamic law such as opinions collectively agreed among Shariah scholars (ijma’)‚ analogy (qiyas) and personal reasoning (ijtihad). The credibility of the Islamic banking activities is highly dependent on the credibility of the Shariah advisers
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international violence by group or individuals to achieve political goals’‚ by the experts in U.S.A. In simple words‚ it is the spread of terror. It consists of a series of act planned to spread pressure‚ panic and destruction in a population. Terrorism has struck all through history and around the world. Even in ancient Roman times‚ emperors such as Tiberius and Caligula dealt with terrorism by killing those who opposed their rule. Later in the 1860’s a terrorist group called the Ku Klux Klan was
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to express our deepest appreciation to Mr Zainal Azhar Bin Zainal Azim who is our lecturer for Islamic Finance on giving us the opportunity to work on the assignment and providing us with lots of support and guidance which has helped us to complete the assignment on time. This assignment has brought us in making lots of research and we came across to acquire new things about Islamic Finance and Islamic banking specifically. Nevertheless‚ we would also like to thank our fellow classmates who
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how convicted terrorists should be treated has been on the subject of debates to this very day. Terrorists should be trialed and brought to justice under the terms of criminals under the ruling of civil courts‚ as they do not act under a national banner. Terrorists should be treated as criminals rather than as combatants. Terrorists as a whole do not operate in conjunction with each other. Though some do act in groups‚ the term terrorist can be applied to several distinct groups that have no affiliation
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My opinion about Islamic finance is when all the transaction not only in banking but in business too‚ that occur must be in accordance with the law of Al-Quran‚ Hadith and Al-Sunnah. It also related with halal and non-halal transaction. In general‚ Islamic finance is defined as a banking system which uses the Syariah as a rule. This means that all operations of the Islamic bank transaction involving either deposit or financing‚ must be based on Syariah principle. These laws forbid to giving and receiving
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While some historians argue than Islamic science is simply an extension of Greco-Roman science‚ the scientific advancements made by medieval Arabs were unique compared to their Greco-Roman ancestors and quite substantial compared to their European counterparts. The idea that Islamic science is simply a continuation of Greco-Roman science may come from the extensive translation efforts made from Islamic ruler Abbasid caliph al-Mamum in the ninth century. It is important to note that while a greater
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Islamic architecture encompasses a wide range of both secular and religious styles from the foundation of Islam to the present day‚ influencing the design and construction of buildings and structures in Islamic culture. The principal Islamic architectural types are: the Mosque‚ the Tomb‚ the Palace and the Fort. From these four types‚ the vocabulary of Islamic architecture is derived and used for buildings of lesser importance such as public baths‚ fountains and domestic architecture. * 3.1 Persian
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