Journal of Economic Behavior & Organization journal homepage: www.elsevier.com/locate/jebo How ‘Islamic’ is Islamic Banking? Feisal Khan ∗ Dept. of Economics‚ Hobart and William Smith Colleges‚ 300 Pulteney Street‚ Geneva‚ NY 14456‚ United States a r t i c l e i n f o a b s t r a c t Islamic Banks hold well over US $700 billion in assets and are growing at over 15% p.a. Islamic Banking and Finance (IBF) involves wider ethical and moral issues than simply ‘interest-free’ transactions
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The difference between Buddhism and Taoism Taoism is an indigenous religion of Han-Chinese‚ and it is a very enormous and complicated cultural syntheses. Also‚ the development of Chinese medicine‚ history‚ and culture were influenced significantly by Taoism.However‚ Buddhism is foreign religion from India‚ which has taken root in China through the absorption of Chinese culture‚ and as well as gives the great effect to the development of Chinese culture. The two religions have their
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Dr. Mervat El-Shafie Dr. Mervat El-Shafie‚ Assistant Professor of Architecture‚ is the Chair of the Architecture Department in the College of Engineering‚ Effat University. Dr El-Shafie received her Ph.D. in Built-Environment from Lincoln University‚ New Zealand in 1999. Her thesis entitled “Phenomenology of Built-Environment” deals with the interrelationships between people and their land‚ houses and places and how this is being affected by the processes of Modernization and Globalization. Dr
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Islamic Banking is a banking system that is based on the principles of Islamic law (also known Shariah) and guided by Islamic economics. The Islamic banking today has become most popular and reliable financial system in the world. The history and evolution of Islamic Banking dates back over 14 centuries ago to the origins of Islam when the Holy Quran was first revealed to Prophet Mohammed (PBUH)‚ hence encompassing a complete set of rules and regulations for all aspects of life put forth in
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The difference between Management and Governance: Analysis in the context of Small and Medium Enterprises –SMEs. By Callixte NYILINDEKWE I. Introduction: Traditionally‚ corporate governance has evolved around the contract theory and agency problem based on separation of ownership and management (Dube‚ 2011). The benefits of this separation derive from the monitoring by the board of the CEO activity in the interest of shareholders‚ and generally in the interest of all stakeholders
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Number 1 The Evolution Of Islamic Finance In Southeast Asia: The Case Of Malaysia (1) Rika Nakagawa‚ Institute of Developing Economies‚ Japan ABSTRACT The purpose of this paper is threefold: to explain why the Islamic financial system was introduced in Malaysia; to outline how the Malaysian government has promoted this system; and to analyze the development of the Islamic financial system with a specific focus on the banking sector. In Malaysia‚ the first Islamic bank‚ Bank Islam Malaysia
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A Comparative Study of Islamic Banking in Pakistan: Proposing and Testing a Model BY Ashfaq Ahmad PhD Scholar 117/FUIMCS/Ph.D(MS)-2006 FACULTY OF MANAGEMENT SCIENCES 2009 A Comparative Study of Islamic Banking in Pakistan: Proposing and Testing a Model A thesis submitted to the FUIEMS Foundation University‚ Islamabad In partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY In MANAGEMENT SCIENCES BY Ashfaq Ahmad PhD Scholar FACULTY OF MANAGEMENT SCIENCES 2009 APPROVAL
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Colin Perrin’s paper‚ “How race became everything: Australia and polygenism” (Anderson 2008)‚ they document a shift in our idea of the term ‘race’‚ that happened somewhere during the mid-eighteenth century‚ and that moved our thinking from a general Christian‚ monogenetic paradigm to a more scientifically backed polygenetic paradigm‚ due largely to the complexities surrounding the Aborigines of Australia‚ being ‘apparently unimproved’‚ and hence‚ ‘extremely savage’‚ they precipitated a crisis in existing
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Samurais. Does this make Knights and Samurais the same? After reading the DBQ is clear that Samurai and Knights have more differences than similarities. For example‚ some major differences were their military codes and their armour. Some may say that the Samurai and Knights were more similar than different because they were both warriors. That may be true true but all in all the differences outweigh the similarities with ease. First‚ European Knights and Samurai followed different military codes and had
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little rights and men had the majority of the power. Therefore the property of the woman went to her husband. At the time Europeans first began colonization‚ what was true of Northeast American Indian tribes was that their political and linguistic differences hindered united opposition. The tribes saw themselves as groups distinct and different from each other and not as a whole body. Therefore‚ no unified response could be made. The Puritans believed that the freedom to practice religion should be extended
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