BASIS OF INCOME RECOGNITION FROM ISLAMIC PERSPECTIVE Yosita Nur Wirdayanti ABSTRACT This paper addresses the issue of basis of income recognition from Islamic perspective. In Islamic banks‚ income recognition is very important since it will determine amount of profit that will be distributed to depositors. Begin with accounting principles from Islamic perspective‚ this paper discusses the concept of accrual and cash basis and scholar opinion about this basis of accounting. Both accrual and cash
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Civilization in the Early Middle Ages‚ 750-1000 1) Describe the contribution of the Muslims and the Vikings to Early European civilizations. Muslims: The first great wave of Muslim expansion had ended at the beginning of the eighth century. Gradually‚ the Muslims built up a series of sea bases in their occupied territories in North Africa‚ Spain‚ and Southern Gaul and began a new series of attacks in the Mediterranean in the ninth century. They raided the southern coasts of Europe‚ especially
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"The Clash of Civilizations?" by Samuel P. Huntington is an intriguing view on how modern day civilizations have grown to become cultural and economic entities trying to make new identities for themselves. A civilization is defined as the broadest cultural grouping of people. It contains a group of people with common languages‚ history‚ religion‚ and customs. Huntington states in his hypothesis "the great division among humankind and the dominating source of conflict will be culture." Huntington
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these characteristics come together. The Islamic discourse is therefore the most genuine and truthful expression and translations of the characteristics of the Islamic society‚ and the civilizational identity of the Islamic world. A discourse cannot be Islamic unless it reflected the Islamic Ummah’s identity‚ defended its interests upheld its causes and mirrored its thought. The discourse must be genuine‚ truthful‚ honest‚ serving first and foremost the Islamic interests‚ moderate‚ fair‚ equitable
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After reviewing these documents it is clear that the Roman’s and Han’s attitudes towards technology differed from person to person. For the most part‚ Romans disapproved of new tools that were being invented‚ unimpressed by hammers and tongs‚ they thought tools were useless and made people indolent. On the other hand‚ most Hans thought technology was a wonderful thing‚ making peoples lives easier and completing tasks faster. To better understand the Roman and Han impression on technology‚ one must
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Then said Jesus unto his disciples‚ Verily I say unto you‚ That a rich man shall hardly enter into the kingdom of heaven. And again I say unto you‚ It is easier for a camel to go through the eye of a needle‚ than for a rich man to enter into the kingdom of God. Source: Reginald‚ monk of Durham‚ younger contemporary and colleague of St. Godric‚ The Life of St. Godric (a twelfth-century British merchant)‚ written before St. Godric’s death in 1170. He chose not to follow the life of a husbandman
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Angela Richardson Mrs. Witte Honors World History October 9th‚ 2014 For almost all my life‚ I have been conditioned into believing that the world I have come to know was shaped by the discovery of diverse religions‚ turbulent revolutions‚ years-long tempestuous wars‚ and an ongoing list of other events that impacted history forever. However‚ Tom Standage’s bestseller uncovers a different perspective on the history of the world - a standpoint that gives every day beverages a more significant role
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The idea was supported by Indonesian President Megawati Sukarnoputri‚ who told that the Islamic world needed to reassess its priorities and embark on "concrete action." Malaysia’s outgoing Prime Minister added in the same meeting that Muslims built a great civilization but halfway through "came new interpreters of Islam who taught that acquisition of knowledge by the Muslims meant only the study of Islamic theology. The study of science‚ medicine etc. was discouraged. Intellectually the Muslims
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Clash of Civilizations THE CLASH OF CIVILIZATIONS Samuel P. Huntington Foreign Affairs. Summer 1993‚ v72‚ n3‚ p22(28) from the Academic Index (database on UTCAT system) COPYRIGHT Council on Foreign Relations Inc. 1993 THE NEXT PATTERN OF CONFLICT World politics is entering a new phase‚ and intellectuals have not hesitated to proliferate visions of what it will be--the end of history‚ the return of traditional rivalries between nation states‚ and the decline of the nation state from the conflicting
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a review of Samuel. P. Huntington’s thesis “The Clash of Civilization‚” where the thesis outlines a future where the "great divisions among humankind and the dominating source of conflict will be cultural" (Huntington‚ 22) and not primarily on the basis of ideology or economic. And the clash of civilization will dominate global politics. Conflict between civilizations will be the latest phase in the evolution of conflict in the modern world. Prior to the Treaty of Westphalia‚ which was a series of
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