My opinion about Islamic finance is when all the transaction not only in banking but in business too‚ that occur must be in accordance with the law of Al-Quran‚ Hadith and Al-Sunnah. It also related with halal and non-halal transaction. In general‚ Islamic finance is defined as a banking system which uses the Syariah as a rule. This means that all operations of the Islamic bank transaction involving either deposit or financing‚ must be based on Syariah principle. These laws forbid to giving and receiving
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Concept of Education in Islam and Its Objectives The Arabic language has three terms for education‚ representing the various dimensions of the educational process as perceived by Islam. The most widely used word for education in a formal sense is ta’līm‚ from the root ’alima (to know‚ to be aware‚ to perceive‚ to learn)‚ which is used to denote knowledge being sought or imparted through instruction and teaching. Tarbiyah‚ from the root raba (to increase‚ to grow‚ to rear)‚ implies a state of spiritual
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DERIVATIVES IN ISLAMIC FINANCE ANDREAS A. JOBST (forthcoming in Islamic Economic Studies‚ Vol. 15‚ No. 1) Paper presented at the International Conference on Islamic Capital Markets held in Jakarta‚ Indonesia during August 27-29‚ 2007 jointly organized by Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IDB)‚ Jeddah‚ Saudi Arabia‚ and Muamalat Institute‚ Jakarta‚ Indonesia. DERIVATIVES IN ISLAMIC FINANCE ANDREAS A. JOBST# ABSTRACT Despite their importance for
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limited‚ if any‚ consideration of ecological processes (e.g.‚ hydrological process) Targets only specific resources of interest; typically those of commercial value Conflicting management policies Comparision Islamic management and conventional management 1.2 CONVENTIONAL AND ISLAMIC UNIT TRUSTS 1.2.1 CONVENTIONAL UNIT TRUSTS Based on the Guidelines on Unit Trust Funds issued by the Securities Commission in October 1991‚ a unit trust fund company can only invest in authorized Malaysian assets
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Art‚ in its simplest definition‚ is the creation of images or objects. Islamic art has throughout history been mainly abstract and floral‚ portraying geometric shapes or Arabesque and calligraphic designs because of the strict injunctions against the depiction of living things. Islamic Art as a whole is comprised of visual arts produced 7th century onwards. This term not only describes art made in the service of Islam or by Muslim artists‚ but also secular art originating from those lands which
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(a)(i) Describe Hindu belief in respect for all living creatures. Hindu’s belief in respecting all living creatures is due to many reasons‚ including the presence of Brahman‚ the close connection between humans and animals and the most basic principles of satya and ahimsa. Firstly‚ Hindus believe that God created the whole universe and that all creation whether it be oceans‚ mountains‚ human beings‚ animals or plants it is all part of the Universal Spirit (Brahman) and therefore deserves respect
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should be prohibited because drugs are unhealthily for the users ’ brain and body. Day-by-day brain cells start to die and users ’ start to think slowly and unhealthily. Acording to the website(http://en.wikipedia.com) titled Arguments for prohibition: The brain damage associated with drug use is a result of regular use and generally cannot be avoided. Accordingly users ’ lose weight‚ and get some psychologic problems. For example; forgetfulness‚ depression‚ tremble. User start to
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doubt to belief. The Islamic faith: They believe the firm pillars of faith and the fundamentals of Islam and its basic elements and all that proved God and His Messenger Mohammad- peace be upon him - is the heart and scientific and anecdotal‚ as well as platforms for life‚ even including by dealing with others‚ and this is an important point; Because many of those having faith is neglected or perhaps amazed that belief is the result of the apparent deal. Sources of Islamic faith: The sources of
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that provide a more or less coherent‚ though not necessarily accurate‚ way of thinking about the world. A worldview is a profile of the way the people within a specified culture live‚ act ‚think ‚work and relate. It is a“map”or culture’s social‚ religious‚ economic and political views and relationships. What a worldview does A worldview encapsulates answers regarding broad questions of life understanding."These questions are lifetime concerns and sources of anxiety. They involve fundamental
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vannah Sanchez Pre-Assignment #2 1. Describe three patterns of chromosomal breakage and rearrangement. a. Three patterns of chromosomal breakage and rearrangement are deletion‚ balanced translocation‚ and isochromosomal translocation. Deletion is when part of a chromosome is lost affects its length and genetic composition. Translocation is when there is a coinciding break in two chromosomes in different parts resulting in exchange. Balanced translocation is when two homologous chromosomes break
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