Apa itu Ekonomi Islam? Professor Muhammad Anas Al -Zarqa 6 Ramadhan 1428 18 September 2007 Q.1. Apa itu Ekonomi? Ans.1. It is the social science that studies the production‚ distribution and consumption of goods and services. Ans.1. Ini adalah ilmu sosial yang mempelajari produksi‚ distribusi dan konsumsi barang dan jasa. Q.2 What is an Economic System? Q.2 Apakah yang dimaksud dengan Sistem Ekonomi? Ans.2. It is the set of goals rules and institutions that society prefers
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ISLAMIC BUSINESS ETHICS by Dr. Rafik Issa Beekun University of Nevada and Islamic Training Foundation November 01‚ 1996 Copyright © 1996‚ International Institute of Islamic Thought PO Box 669‚ Herndon‚ VA 20170 (703) 471-1133 Please do not reproduce or translate in any manner without the written permission of the International Institute of Islamic Thought Islamic Business Ethics Table of Contents DEFINING ETHICS FACTORS INFLUENCING ETHICAL BEHAVIOR IN ISLAM LEGAL INTERPRETATIONS
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of financial services‚ the fastest growing segment is Islamic Banking - particularly because it seeks to address needs of an underserved affinity group. Individuals and business in +40 countries with Muslim-majority population and another + 15 countries with Muslim-minority communities share a common value system. IslamiQ.com reports that as of June 2001‚ the global Islamic Banking sector manages USD$200 Billion in ways that conform to Islamic principles (called the Shariah) with a growth rate of
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Filipinos for fruits and rice‚ which became a very common trade throughout time. With this more and more Muslims even styed and taught many Filipinos the concepts behind Trade and Commence between countries and cultures. Barter trade was an Islamic influence towards the Filipinos as it was a very common practice within the Middle East. Spices‚ Silk‚ Fruits‚ and Cattle were commonly traded among travelers in order to refill their stocks or to try new items. More so‚ Barter was a way of life in
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and Transoxania is a case in point. It was a very tedious Islamic takeover that gradually won over the acceptance of the inhabitants in Persia at the time. However‚ this process of assimilation was not new in the area as many Iranians had previous traditions to which they had adapted during pre-Islamic times of the Achaemenids‚ Parthians and Sassanians. These two customs‚ then‚ were merged together to form what we now call the Iranian Islamic identity. This merger transformed much of the cultural
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References: 1. Abdul‚ Ghafoor‚ A.L.M. Islamic Banking‚ Interest– free Commercial Banking‚ Geroningen: Apptec Publications‚ 1995. 4. A.H. Farooque‚ interest-free banking in Pakistan‚ Institute of bankers in Pakistan-Karachi‚ 1980 5 6. Ahmad‚ Ziauddin‚ et al.‚ eds.‚ (1983) Money and Banking in Islam‚ Islamabad: Institute of Policy Studies. 7. Ahmad‚ Ziauddin. (1984) "Concept and Models of Islamic Banking: An Assessment‚" paper presented at the Seminar on Islamization
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Islamic teachings on abortion Muslims regard abortion as wrong and haram (forbidden)‚ but many accept that it may be permitted in certain cases. All schools of Muslim law accept that abortion is permitted if continuing the pregnancy would put the mother ’s life in real danger. This is the only reason accepted for abortion after 120 days of the pregnancy. Different schools of Muslim law hold different views on whether any other reasons for abortion are permitted‚ and at what stage of pregnancy
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After reading and thoroughly analyzing both sides of the Taking Sides Issue‚ “Does the Modern University have Islamic Roots in the Islamic World?” I agree with the professor of history and philosophy of education Medhi Nakosteen; he touches the roots of the modern university to the Golden Age of Islamic Culture (750-1150 C.E). Medhi also states that Muslim scholars adapted the best of traditional scholarship and established both the experimental method and the university system‚ which they handed
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PROSPECTS OF ISLAMIC BANKING: Legal and other Challenges and Issues Faisal Nasim LLM (Commercial Law) Table of Contents Acknowledgment…………………………………………………………….... 1 Preface ………………………………………………………………………..... 2 Glossary of Arabic Terms …………………………………………………......4 Chapter 1: ……………………………………………………………………....5 Introduction and the Basis of Islamic Banking Chapter 2: ………………………………………………………………..……..9 Islamic Modes of Financing Chapter 3: ………………………………………………………….………….21 Practical Application of the Islamic Modes
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DERIVATIVES IN ISLAMIC FINANCE ANDREAS A. JOBST (forthcoming in Islamic Economic Studies‚ Vol. 15‚ No. 1) Paper presented at the International Conference on Islamic Capital Markets held in Jakarta‚ Indonesia during August 27-29‚ 2007 jointly organized by Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IDB)‚ Jeddah‚ Saudi Arabia‚ and Muamalat Institute‚ Jakarta‚ Indonesia. DERIVATIVES IN ISLAMIC FINANCE ANDREAS A. JOBST# ABSTRACT Despite their importance for
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