1997). Islamic banks are governed by Shari’a principles which make their functioning different from conventional banks. First‚ Shari’a forbids trading in speculative activities (gharar)‚ dealing with derivatives and investing in non-permissible (haram) sectors and products such as tobacco‚ alcohol and pork. Shari’a also prohibits Islamic banks from paying or receiving interests (riba) to/from their financial and commercial transactions. The prohibition of interest makes the investment approach adopted
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Islamic Economics Term Paper Al-Hisbah in Islamic Economics Table of Contents: What is the Al-Hisbah Institution? Al-Hisbah objectives Who are Rijal-al-Hisbah? Qualifications of a Hisbah Official How Al-Hisbah differs than Anti-corruption Procedures of Al-Hisbah References I- What is the Al-Hisbah Institution? The Hisbah is a religious institution under the authority of the state that appoints people to carry out the responsibility of enjoining what is right‚ whenever
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Revelation And Compilation Of The Quran The Quran The Quran is a book that was sent to the whole of Mankind as a means of Guidance and Mercy. It is the final revelation of the books from Allah (swt) and was revealed through the final Prophet Muhammed (peace be upon him) The word “Quran” comes from the root word Iqra which means to read or to recite. The majority of Muslim authorities hold the origin of the word is ķara`a (Arabic: قرأ)‚ itself‚ among the earliest meanings of the word Quran is the
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TRADITIONAL RELIGIOUS PRACTICES Each religion has its own unique history‚ some recent and some originating in antiquity. Each religion also has its own practices for daily living based on traditions‚ beliefs‚ values and rules. Not all of these religious practices are applicable to inpatient nursing care‚ although they may be important in normal life. Some examples of some non-applicable practices could include adult baptismby immersion; the Muezzin calling the faithful to prayer; or special practices
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Muslim Migrants in south india a study on malabar The historically misapprehended culturally differenced ‘Mappila’ Muslims of Kerala are a little known community in Indian subcontinent‚ though ‘Malabari’ is more familiar in the Islamic world. The coast of ‘Malabar’ has the first place to host Islam in the country. Since the dawn of Islam in Arabia in the 7th century A.D‚ the believers carried on the proselytization and the promulgation of the religion along with their maritime activities in different
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Aisha Bint Abi Bakr Known For: Her extensive knowledge of Islam and Islamic jurisprudence; hadith transmitter; her knowledge of social and military leaders of the Muslim community. Significance/ Legacy The life of Aisha is proof that a woman can be far more well informed than men and that she was the teacher of scholars and experts. Her life is also proof that a woman can exert influence over men and women as well as provide them with inspiration and leadership. She did not graduate from
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And We have not sent you except as a mercy to mankind" (Surah Al-Anbiyah 21:107) The year is 570 CE‚ five years after the death of the Roman Emperor Justinian. An army of men‚ horses and elephants ruthlessly march towards the city of Makkah‚ intending to wipe it out of existence. This is the army of the Abysinnian warlord Abraha‚ who after conquering Yemen is now advancing towards the sacred city of Makkah. One of the notables of Makkah‚ Abdul-Muttalib‚ has ordered all the women and children
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E. B. MAMMAN DEPARTMENT OF RESEARCH AND POLICY ANALYSIS INSTITUTE FOR PEACE AND CONFLICT RESOLUTION (IPCR)‚ ABUJA Being a Presentation at the Institute’s In-House Seminar 22ND‚ July 2010 ABSTRACT Attitudes are our beliefs and feelings about people‚ places and things. With attitudes we can like or dislike people and we can be positive or
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1.0 Introduction 1.1 Objective and Scope Overall the approach taken by MYDIN is simple - target the Muslim market only and flank for the others. Focus on cost control and cost leadership where possible. The reason why they have been successful is linked to their ability to stay focused on the Muslim market‚ whereas the others are catering for all the markets. The strategy used here is the same one that allowed Power Root‚ Ali Cafe to beat the likes of Nescafe. When a niche player appears
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Radio Frequency Identification (RFID) Emerging Technology Audience: Fellow Students and Professors Author: Diana Turple Student # W Radio Frequency Identification (RFID) | 2 Summary In summary this report will help to inform people of RFID. It will show how it is being used now and may be used in the moving ahead. It begins with a brief introduction on what RFID is and then goes on to explain‚ its whole idea and uses of RDIF. RFID will use the know‐how from peop
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