Separate Business Entity – Conventional And Islamic. Nazrin KB Bismillah Ar-Rahman Ar-Rahim The manner of this short essay is that it will discuss my findings regarding the generally accepted accounting concepts and principles a.k.a. the GAAPs that most accountants and professional accountancy bodies worldwide have‚ in unison‚ established to be the essence of the most ordinary way of businesses treating their everyday activities within the scope of accounting. All businesses do have in their
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Demand‚ Supply and Price Market Buyers- households/demanders Suppliers- producers/firms Demand-The ability and willingness to buy specific quantities of good at alternate prices in a given time period Or the desire to buy a product‚ which is backed up by willingness and ability to pay for the it. • Quantity demanded- the amount of a product that the consumers wish to purchase. • Demand schedule- a table which shows the quantities of a good‚ a consumer is willing and able to buy at alternate
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1.0 Introduction Although inflation is generally thought of as an inordinate increase in the general price level‚ throughout the history of economics the causes of inflation and the definition of inflation itself remained as an unresolved issue. There is a general agreement that‚ in the long-run‚ inflation is a monetary phenomenon. In short-run‚ however‚ many other factors could cause inflation that instigates unsettled debate on the causes of inflation. Every school of economists tries to define
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“Vegetal Pattern in Islamic Art†Vegetal pattern‚ one of the major types of ornament‚ is also can be called Arabesque which means “in the Arab fashion†in French. Arabesque is a repetition in Islamic art which is used in many places in Islamic art. Vegetal pattern is used very often in Islamic art‚ because people do not portray images of human. The reason that human portrayals cannot be found as many as vegetal patterns is that Muslims feared to depict the human form‚ since they thought
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Islamic Banking vs. Conventional Banking In most Islamic countries‚ they tend to practice two types of financing in banking industry which are conventional and Islamic banking. The country like in Malaysia has successfully developed an Islamic banking system that operates in parallel with the conventional banking system. There is similarity between conventional banking and Islamic banking which helps to promote economic growth provided financing services such as credit facilities for business activity
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Question: How is Eid al-Fitr Celebrated? During the month of Ramadan‚ Muslims observe a strict fast and participate in pious activities such as charitable giving and peace-making. It is a time of intense spiritual renewal for those who observe it. At the end of Ramadan‚ Muslims throughout the world observe a joyous three-day celebration called Eid al-Fitr (the Festival of Fast-Breaking). Answer: Eid al-Fitr falls on the first day of Shawwal‚ the month which follows Ramadan in the Islamic calendar. It is
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others. (ii) Takes two forms; (a) Physical segregation of sexes (i) Use of high walls‚ curtains and screens erected within the home. (ii) Generally women in the upper class are likely to practice this form of Purdah because of high economic status. (b) Women covering their bodies to conceal their form (i) Women wear concealing clothing from head to toe called Burqa (Abaya or Chador) with only Small Square to see through. It is observed when a woman goes outside home
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CDHPs and the Importance to Consumers CDHPs and the Importance to Consumers Introduction For sure‚ consumer-driven health plans (CDHP) have been around since the 1990s‚ since its inception by health e-commerce ventures. CDHP is a saving account that is pre-taxed‚ and is to be used for medical expenses. In-network providers’ discount may are sometimes offered‚ however‚ it is not offered to enrollees who are restricted to choose their own treatment centers or health care providers. In this
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Science & Mathematics in Medieval Islamic Cultures Introduction: There were astonishing (surprising) achievements by Muslim scholars (people who study‚ students) and scientists during the period from approximately 750 to 1050 A.D. This period is called a "Golden Age" of the Islamic World. Great advances were made in the Abbasid Islamic Empire (with its capital in Baghdad) even up to 1258 when the Mongols invaded the empire and destroyed its capital. Great achievements also continued in Muslim Spain
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Strategic responses in the recession…………………………………………………7 6. Conclusion………………………………………………………………….……….9 7. Bibliography…………………………………………………….…………………10 1. Introduction The economic crisis that shook the international markets had mixed reactions in the companies. Some were flat‚ hoping to improve the scenario. Others decided to go for innovation in search for new business areas. With proper planning and strategies‚ now envision
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