Assignment On Microfinance and Islamic Banking Submitted to: Dr. Mohammed Nurual Islam Department of Business Administration International Islamic University Chittagong Dhaka Campus Submitted by: Rabiul Hossain ID: B092070 Batch no: FIN-5 Date of Submission: 22/02/2013 Microfinance 1. Introduction: Micro financing
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p.2 • Objectives of Islamic Economics o Right of Property p. 3 o The problem if equality p. 3-4 o Social Justice p. 4 • Characteristics of Islamic Economics o Production of Wealth
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An Islamic Approach to Business Ethics | Dr Sabahuddin Azmi[1] What is Ethics? * Ethics may be defined as the set of moral principles that distinguish what is right from what is wrong. * Ethics has a twofold objective: it evaluates human practices by calling upon moral standards; also it may give advice on how to act morally in a given situation. * Ethics‚ aims to study both moral and immoral behaviour in order to make well-founded judgments and to arrive at adequate recommendations
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Islamic history of Yemen Islam in Yemen dates back to about 630 when it was introduced into the region by Ali when Muhammad was still alive. It was during this period that the mosques in Janad (near Ta’izz) and the Great Mosque of Sana’a were built. Yemenis are divided into two principal Islamic religious groups: 50-55% Sunni and 42%[1]-47%[2] Shia. The denominations are as follows: 50-55% primarily of the Shafi’i and other orders of Sunni Islam. 40-45% of the Zaidi order of Shia Islam‚ 2-5% of the
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Islamic Banking: Problems and Prospects | | |Islamic Banking | |Before I discuss about the problems and prospects of Islamic Banking‚ I am discussing some primary issues such as definition‚ | |objective and history of modern Islamic banking. | |Definition:
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Christian and Islamic Art The difference between Islamic art and Christian art is that Christian art is of human objects and forms while Islamic art portrays the meaning and reflection of things. Unlike Christian art‚ people do not appear on Islamic art. Unlike Christian art‚ Islam art does not include pictures and statues of Prophets and Gods. Christian art however‚ brings religious forms and images to life. It represents spiritual beliefs through illustrated scenes from the life of Jesus. It gives
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1. Introduction Islamic View on Terrorism The events of September 11th‚ 2001 brought the issue of terrorism to the forefront of world affairs in an unprecedented manner. The attacks on the World Trade Center and the Pentagon forced a new and aggressive campaign to combat terrorism worldwide. The US declared a war on terrorism. On October 7th‚ a war against Afghanistan was launched by the US and Britain supported by many nations in the world. The US declared list of suspects
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Emperor Shōwa‚ otherwise known as Hirohito‚ was the 124th emperor of Japan. He reigned from December 25‚ 1926 to January 7‚ 1989‚ when he died. His son‚ He was also the head of state for Japan during its involvement in World War II. After the war‚ he became the symbol of Japan’s recovery and at the end of his reign‚ Japan had the world’s second largest economy. He was succeeded by his oldest son‚ Akihito. Born in April 29th in 1901 during the reign of Emperor Meiji at Tokyo’s Aoyama Palace‚ Hirohito
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HUDOOD Hudood derived from the word ‘Hadd’ is often used in Islamic literature for the bounds of acceptable behavior and the punishments for serious crimes. In Islamic law or Sharia‚ hudood usually refers to the class of punishments that are fixed for certain crimes that are considered to be "claims of God." They include theft‚ fornication‚ consumption of alcohol‚ and adultery. These offences are specifically mentioned in the Quran and Sunnah. However shortly after coming into power in 1979‚ General
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Islamic Contract Law TYPES OF COMMITMENTS 1. Wa‘d – • • • – وunilateral promise One party binds itself to perform a function for another Does not normally create legal obligation Legal obligation is created: • • Genuine need of the masses – (ر Contingent promise ا س )رد ا ز ن ز ا إذ ا 2. Muwaa‘ada – ا ة • • • • – bilateral promise Two parties performing two unilateral promises on the same subject Use of two unilateral promises can lead to a forward contract
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