Noraini Hashim Asst. Professor‚ Institute of Education‚ International Islamic University Malaysia (IIUM) Kuala Lumpur‚ Malaysia E-mail: mataidtweety@gmail.com‚ cnoraini@gmail.com Suhailah Hussien Asst. Professor‚ Institute of Education‚ International Islamic University Malaysia (IIUM) Kuala Lumpur‚ Malaysia E-mail: mataidtweety@gmail.com‚ cnoraini@gmail.com Mohyani Razikin Asst. Professor‚ Institute of Education‚ International Islamic University Malaysia (IIUM) Kuala Lumpur‚ Malaysia E-mail: mataidtweety@gmail
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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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of Economic Behavior & Organization journal homepage: www.elsevier.com/locate/jebo How ‘Islamic’ is Islamic Banking? Feisal Khan ∗ Dept. of Economics‚ Hobart and William Smith Colleges‚ 300 Pulteney Street‚ Geneva‚ NY 14456‚ United States a r t i c l e i n f o a b s t r a c t Islamic Banks hold well over US $700 billion in assets and are growing at over 15% p.a. Islamic Banking and Finance (IBF) involves wider ethical and moral issues than simply ‘interest-free’ transactions. Its
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BWFS3023 Islamic Accounting 2nd Semester 2012/2013 Short Essay Assignment Instruction Please answer all the questions below. The assignment should not less than 3 pages and not exceed 10 pages including references. Question 1 The differences between Islamic accounting and conventional can be seen in the context of the basis differentiation which is: (1) objective of providing information‚ (2) the type of the information that is identified‚ how it is measured‚ recorded and communicated
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Introduction Islamic banking is banking based on Islamic law (Shariah). It follows the Shariah‚ called fiqh muamalat (Islamic rules on transactions). The rules and practices of fiqh muamalat came from the Quran and the Sunnah‚ and other secondary sources of Islamic law such as opinions collectively agreed among Shariah scholars (ijma’)‚ analogy (qiyas) and personal reasoning (ijtihad). The credibility of the Islamic banking activities is highly dependent on the credibility of the Shariah advisers
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[pic] ISLAMIC BANKING: IS IT REALLY “ISLAMIC”? By: Omar Mustafa Ansari & Faizan Ahmed Memon Is it really Islamic? …. In this era of development and growth in Islamic finance and banking‚ this is a question being raised at every forum by various quarters. All those who raise this question‚ are undoubtedly well-wishers of Islam‚ Islamic economic system and Muslim Ummah. Accordingly‚ while we celebrate the achievements of Islamic banking on one hand‚ we should not
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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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Islamic Economics Economics studies are devoted with the economical behavior of individuals and societies‚ for instance production‚ consumption‚ saving‚ good exchange and so on. Every nation is supposed to regulate the production of goods and services as demanded by the people‚ consumers‚ thus any economic system needs to answer four main questions: 1- What to produce of goods and services? 2- How to produce these goods and services? 3- Who to produce to these goods and services
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Islamic Accounting Methodology Compiled By Dr. Hussien Shehata Prof. of Accounting Al-Azhar University In The Name Of ALLAH The Most Beneficien The Most Merciful Read : In name of the LORD‚ who created‚ Created man from a clot‚ Read‚ and they LORD is Most Bountiful‚ Who teaches by
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イスラーム世界研究(2007)2 号 イスラーム世界研究 第1巻 2 号(2007 年)38-53 頁 Kyoto Bulletin of Islamic Area Studies‚ 1-2 (2007)‚ pp. 38-53 Islamic Microfinance: A Missing Component in Islamic Banking Abdul Rahim ABDUL RAHMAN* 1. Introduction Microfinance means “programme that extend small loans to very poor people for self employment projects that generate income in allowing them to take care of themselves and their families” (Microcredit Summit‚ 1997). The World Bank has recognized microfinance programme as an
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