2010 “Clashing Civilizations?” by Edward Said In Edward Said’s essay “Clashing Civilizations?”‚ he analyses in detail the arguments of Samuel Huntington in his paper on “Clash of Civilizations”. Edward Said incisively analyzes Huntington’s notion that differences in culture between the ‘West’ and ‘Islam’ will lead to conflicts between the two civilizations. Arguing against large understanding of cultures‚ Said makes a powerful case for multiculturalism. As he argues in this essay‚ “A unilateral
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Development of Accounting Theory Based on Islamic Principles and Accounting Standards Setting Mechanism Shaukat Amer Assistant Professor COMSAT Institute of Information Technology Attock Pakistan Shaukat_amer@comsats.edu.pk Abstract The purpose of this paper to explore the possibility to look for a new accounting theory and accounting standards setting mechanism under some of Islamic principles.The paper has discussed basic Islamic principles of “Amanah” (Custody)‚ “Shahadat” (Testimony)
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Neo-Babylonians‚ and Persians are considered to be amongst the first successful civilizations of first millennium B.C. It can be argued that each civilization was better than the others in terms of treatment of common people‚ but that’s a issue for another essay. What we want to know right now is‚ why? What made their model of civilization more effective than that of previous empires? According to Western Civilization Beyond Borders the answer can be attributed to the fact that these three empires
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Introduction Islamic finance has come a far since its active re-introduction about 25 years ago. Presently‚ it is estimated that Islamic banks and financial institutions manage some US$200 billion of funds all over the world. Although small in terms of the total global assets managed by financial intermediaries‚ the growth rate is impressive by any standards. Based on the article review which is “Globalization of Islamic Finance: Myth or Reality?’” it had discussed on the question of whether the
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Islamic Banking Analysis Haythem Joudeh February 22‚ 2013 Abstract This goal of this research is to find out if Islamic Banking is a better alternative to the Western‚ Conventional Banking. The information provided will reveal various Islamic Banking principles that would have prevented previous major economic crises and if applied globally today could prevent a major economic collapse. Islamic Banking is banking system based on Shari ’a (Islamic) Law on which it developed its unique
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of Harappan Civilization (3rd millennium BC) in the Indus Valley being a state-level society‚ like contemporary Mesopotamia and Egypt‚ the lack of concrete written and archaeological evidence hinders our ability to decisively label it as one. Features that set states apart include territorial organization‚ monopoly of force‚ differentiation by class and occupation rather than kinship‚ authority to mobilize resources and personnel‚ and legal jurisdiction. Although the Indus civilization “independently
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His Messenger and His rightful servants. I thank Allah for his mercy and grace to let me complete this assignment. I am grateful to be assigned with this interesting topic. First of all‚ I would like to thank Professor Dr Razali Nawawi‚ my Islamic Obligation Lecturer (MCL Program) for his guidance and help throughout the making of this task. Your ideas and brilliant thoughts are very useful to me. Your recommendation of the book by Ibnu Taymiya has gained me valuable knowledge. To my parents
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----------------------- A PRIMA - FACIE CASE FOR ISLAMIC ACCOUNTING • Purpose Accounting : To permit informed decision which will enable scare resources to be allocated efficient to achieved ‘social welfare’. |Islamic |Conversational | |To achieve socio – |To meet needs of | |economic & religions|‘capitalist’ | |objective of Islamic|economy. | |Institution & | | |Muslims Users. | | |Provide holistic
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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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understand that it affects you in your daily life; you have to live with it. This is what happens to people of Islamic heritage and belief. The western media in specific has made most Americans think of all Muslims being satanic‚ hellish and insidious people – this is not true. In this paper‚ it will discuss what the western media says about Muslims‚ what it is actually like in areas of heavy Islamic belief/heritage and then analyze this information. The western media says many horrific things about Muslims
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