decision. The second reason for the importance of education is that only through the attainment of education‚ man is enabled to receive information from the external world. It is well said that "Without education‚ man is as though in a closed room and with education he finds himself in a room with all its windows open towards outside world." The reflective book of Holy Quran is so rich in content and meaning that if the history of human thought continues forever‚ this book is not likely to be read
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The Number of Islamic Microfinance Institutions in Malaysia Should Be Increased. Table of Content Page 1.0 Abstract 2 2. Introduction 3 3. Argument 1 : Offer Syariah Compliant Finance 5 4. Argument 2: Increase the Performance of Islamic Banking and Finance 7 5. C. Argument: Risky and Costly to Implement Islamic Microfinance 9 6. Argument 3: Provide Financial Assistant for Low and Middle Income Groups. 11 7.0 Conclusion
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reference source for decision makers in the global Islamic finance industry‚ providing strategic insights from Ernst & Young Dear Banking & Finance Leader‚ It is with great pleasure that we present to you the 9th annual edition of the World Islamic Banking Competitiveness Report 2012/13‚ developed in collaboration with leading global professional services and advisory firm Ernst & Young‚ and exclusively launched onsite at the 19th Annual World Islamic Banking Conference (WIBC 2012) during a specially
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Judeo-Christian line adhering to the same prophets • Two major branches with several sub-sects each • • • • Islamic Populations • With 1.6 Billion people‚ Islam is the worlds 2nd largest religion • Sizeable minorities in almost every country around the world History of Islam • Islam founded by Prophet Muhammad in 610 C.E. • Rapid growth through the Umayyad Caliphate 750 C.E. Islamic Schism With Muhammad’s death in 632 C.E. a dispute between his followers occurred. Most followed his Father
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Summery Islamic Mode of Financing in other Countries (Malaysia‚ Iran‚ Sudan‚ Saudi Arabia) Introduction Islamic banking and finance may not be a totally new concept‚ the widespread expansion of this form of banking is certainly a fairly recent phenomena. There are more than 600 Islamic banking institutions and these institutions not only operate in Muslim countries‚ but have also gained footing in non-Muslim countries. Consensus forecasts expect the asset size of global IFSI to hit US$2 trillion
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Allison Hung Ms. Eager Chapter 6-7 12/5/2012 From the 600s to the 1300s‚ the Arabic Peninsula changed vastly. Starting as a desert wasteland‚ they grew from a clan based society to a rich center of culture and world trade. From the Bedouin clans to the Umayyad Caliphate to the Abbasid Caliphate‚ internal fighting remained as a source of continuity and contributed to the downfall of the empire‚ while the status of women in society evolved drastically. In all three
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Over the course of history‚ there have been many religious conflicts and wars‚ specifically the era of Islamic Spain (711-1492). Islamic Spain was a multi-cultural mix between the three great religions at that time‚ which consisted of Muslims‚ Christians‚ and Jews. For over 700 years‚ the era in which Islamic rulers governed was broken into five different successions which consisted of the Dependant Emirate (711-756)‚ the Independent Emirate (756-929)‚ the Caliphate (929-1031)‚ the Almoravid Era
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Definition of neighbor from the Islamic perspective Neighbor is translated as “al Jar” in Arabic terminology. It is derived from the word “jawara” which is a verb. Literally‚ “al-jar” has been defined as “al-musakanah” which means living‚ residing‚ lodging‚ dwelling or inhabiting side by side. Indirectly‚ it also refers to believers and unbelievers‚ religious and irreligious‚ friends and enemies‚ foreigners and fellow countrymen‚ those who treat you well and those who would do you harm relatives
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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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limited‚ if any‚ consideration of ecological processes (e.g.‚ hydrological process) Targets only specific resources of interest; typically those of commercial value Conflicting management policies Comparision Islamic management and conventional management 1.2 CONVENTIONAL AND ISLAMIC UNIT TRUSTS 1.2.1 CONVENTIONAL UNIT TRUSTS Based on the Guidelines on Unit Trust Funds issued by the Securities Commission in October 1991‚ a unit trust fund company can only invest in authorized Malaysian assets
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