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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General Knowledge * Antonis Samras: PM of Greece * Angela Merkel: Chancellor of Germany * Samar Yazbek: Exiled Syrian author has won Pen’s Pinter International Writer of Courage Award for her book “A Woman in the Crossfire”‚ an account of the early stages of the Syrian Revolution * Amra Babic: Europe’s first hijab-wearing mayor (Bosnia) * MILF: Moro Islamic Liberation Front (Philippines) * Dilma Roussef: President of Brasil * October ‚ 2012: 10th anniversary of the World
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The Evolution of Al-Qaeda leading up to ISIS: The New Face of Terror Abstract In this paper‚ I will focus on the evolution and current status of the al-Qaeda terrorist organization leading up to one of its more recent franchises which is known most frequently by any of three names– the Islamic States in Iraq and Syria (ISIS) or the Islamic States of Iraq and the Levant (ISIL) or the Islamic States (IS) – and is more brutal than the previous versions of al-Qaeda that the world has known. After three
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"What do I know about that stuff?" "We have traditional performances?" "Do they still perform that kind of thing?" "Weddings are cultural? I thought it was just tradition." Wait‚ isn’t that the same thing? These are remarks most commonly expressed by the locals of my very own generation when asked about local culture and theatre. More and more questions come into the mind of a typical local when you talk to them about Malaysian culture. Malaysia is known for its natural beauty‚ modern buildings‚
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Final Project: Time Traveling Art Historian Book Chapters With great excitement this book is written to share my analysis of artwork from the three time periods that I was so fortunate to visit during my recent time travels. The first time period I visited was the Italian Renaissance. The beautiful architecture of the Renaissance reflects symmetry‚ proportion‚ and geometry similar to the architecture from ancient Rome. The second time period I visited was the Old Kingdom of Egypt. The religious
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The Reformed System: Interest Free Banking ………………………………….. Dr. Sirajuddin H Chougle‚ Dr. Abdul Majid Ansari‚ Associate Professors‚ Department of Commerce‚ Maharashtra College‚ Nagpada‚ Mumbai. 400 008.India Contact:sirajchougle@gmail.com ……………………………………………………………………………… Abstract One major problem the world faces today is acute poverty or widening gap between rich and poor. There have been continuous efforts to tackle this issue. The efforts are made to develop a balanced world. Banks
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natural world. The Islamic contracts basically adopted these pre-islamic concepts of contract. However what Islam innovated was prohibition of Riba‚ prohibition of Ghara‚ prohibition of Qimar (Gambling) and Maysir (Game of chance)‚ and prohibition on Haram contract. Thus‚ it could be said that in Islam every contract is basically lawful so long it does not oppose any explicit text of the Quran and Sunnah. Allah S.W.T says in the holy Quran at Surah Al- Maidah “O you believe fulfil your obligations”
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The Islamic worldview instates a complete lifestyle of servitude and faith into its followers‚ thus granting both purpose and meaning as a Muslim’s entire life is lived with the mission to submit to Allah’s divine intendment therefore providing such regulation and guidance. (Al-Hariri Wendel‚ 2002 pg. 79). Submission to Allah’s plan thus gives recognition to God’s absolute authority‚ and reaches a conviction that God alone possesses all power. The natural effect of such a realisation is to devote
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| The Religion Islam | The Religion Islam What is Islam? The word Islam means submission to the will of God. The religion of Islam is the acceptance of and obedience to the teachings of God which the Muslims—followers of Islam—believe God revealed to his last prophet. Muslims believe that there is only one God. The Arabic word for God is Allah which means‚ the one and only true God who created the whole universe. According to Muslims‚ God sent a number of prophets to mankind to teach them
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This includes things like; lifestyle choices‚ activities‚ interests‚ opinions and so on. The aim of Hussana is to introduce a Halal alternative to the current high street products. Many of which contain alcohol and other Haram ingredients from different animal parts. All of Hussana’s range contains no alcohol or animal products. The launch range consists of Shampoo‚ Conditioner‚ Body wash‚ Moisturiser‚ Cleanser‚ Face scrub‚ Lip balm‚ Baby shampoo‚ Baby lotion‚ Baby oil and
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