INTRODUCTION Islamic finance system has its basis in great Islamic value. It is Riba-free system ( Riba means interest) which ensures the abolition of profit-sharing from the whole financial system. Islamic Finance System (IFS) can be categorized with absence of ‚ Interest based transactions Interest based financial institution Unethical and doubtful transactions Companies’ stocks involved in unlawful activities Market manipulation And so on and so forth. Islamic Financial System is opposite of Conventional
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Indus Valley Civilization. The earliest traces of civilization in the Indian subcontinent are to be found in places along‚ or close‚ to the Indus river. Excavations first conducted in 1921-22‚ in the ancient cities of Harappa and Mohenjodaro‚ both now in Pakistan‚ pointed to a highly complex civilization that first developed some 4‚500-5‚000 years ago‚ and subsequent archaeological and historical research has now furnished us with a more detailed picture of the Indus Valley Civilization and its inhabitants
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Three major civilizations rose in the Middle East. All of them had similar locations‚ religions‚ social structures‚ and government. The three locations for these great civilizations were Egypt‚ Mesopotamia‚ and Indus River Valley. They all had a similar rise and a decline. For starters; the location for these civilizations are extremely important in creating an effective civilization. For example‚ Mesopotamia‚ was located between two rivers‚ the Tigris and Euphrates which gave the cities clean water
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A DISSERTATION ON “ISLAMIC BANKING IN INDIA-WHAT IS THE FUTURE POTENTIAL?” Introduction: The basic principles on which the Islamic banks function are prohibition of Riba i.e. collection and payment of interest and prohibition of investment in organization involved in unethical and socially harmful activity. the profits earned by a bank from its activities and returns made by a bank to the depositors shall be (a) from sharing of risk in the project and (b) profit-share agreements
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DBQ By the 1850’s the Constitution‚ originally framed as an instrument of national unity‚ had become a source of sectional discord and tension and ultimately contributed to the failure of the union it has created. This was shown by interpretations of the constitution and other documents when the constitution was assorted together. It is known that the union did not last‚ for there was the Civil War. If everyone could agree on what the constitution implied‚ then there probably would not have been
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DBQ:5 George Washington faced many challenges during his presidency. Some of these challenges were difficulty of setting up a new government‚ domestic difficulties‚ and foreign affairs. He had a hard eight years of presidency but he mostly resolved all the problems. One of his challenges was setting up a new government. This was hard because people just revolted against their last form of government. They revolted against their last government because taxation was a major issue. Collecting
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Weiss‚ Tania APUSH-3 Mr. Hafter 9-7-14 DBQ In the 1600’s‚ the Puritans migrated to the Americas using their more Christian and traditional values to influence the economical‚ political‚ and social development of the New England colonies. The Puritans traveled out of a desire to create a more “pure” and more Christian society‚ not of primarily economic interests. The Puritan’s idea of what God’s indication of a perfect humanity made a lasting impression on New England. The region’s economic
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Civilizations are a group of humans living together in an organized way and have made advances in arts‚ science and technology‚ law or government. China is one of the world’s oldest continuous civilizations; it is the only ancient civilization that has continued to this very day. The lifestyles that the ancient Chinese had is extremely different then the lifestyle that the Modern Western Civilization which includes North America and Europe currently has because of the different way that people
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Early civilization often had firm beliefs religiously and rooted worldviews in their relationships respective to the environments that they occupy. In the early Mesopotamian civilization‚ they practiced religion based on deities of the environment. Similarly to the Mesopotamians‚ early Egyptian civilization also had deities of the environment including deities of the Sun‚ the Moon‚ and the Desert. Both resulting civilizations practiced religion that focused on their relationship with the environment
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Educational Leadership: An Islamic Perspective Dr. Walid Ahmad Masa’dah‚ Department of Islamic Studies‚ College of Shari ’ah and Islamic Studies‚Yarmouk University‚ Irbid‚ Jordan And Dr. Ali Mohammad Jubran‚ Department of Islamic Studies‚ College of Shari ’ah and Islamic Studies‚Yarmouk University‚ Irbid‚ Jordan ABSTRACT This paper aimes to identify the main features of educational leadership from an Islamic perspective. It is an attempt to contribute to the development and understanding
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