matter. In term of sale contract‚ the contract made by contracting parties is somehow a habitual obligation of humans to be fulfilled in order to make a valid agreement of exchanging goods. As it is stated in the Al-Quran‚ Translation: O you who have believed‚ fulfil [all] contracts. Lawful for you are the animals of grazing livestock except for that which is recited to you [in this Qur ’an] - hunting not being permitted while you are in the state of ihram. Indeed‚ Allah ordains what He intends
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no true god‚ but a God that has to be worshipped and that doesn’t have a son or partner. This is called shahada or belief which is the most important pillar for Islam and its people. These five pillars are expected out of every Muslim in the Islamic world. The Quran has the meanings of the five pillars and they are listed together. After Muhammad died the five practices as they were called at the time were center points for islamics and they soon changed the
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“What are the perceptions of people about Islamic Banking?” Research Objectives: Our research aims to fulfill many purposes. They are listed below: 1. To explore the perception of people regarding Islamic Banking. 2. To find out which Islamic Banks do people know of. 3. To see how many people use Islamic Banking and why. 4. To whether Islamic Banks are working strictly in accordance with Shariah compliances. Hypothesis: H1: Islamic Banks are working strictly according to
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1.4 THE ISLAMIC PERSPECTIVE OF QUALITY In order to produce quality goods or services‚ every task at every level of the operation has to be performed in a manner that will ensure the achievement of a particular standard. The whole exercise entails the physical aspect of the whole process which can be achieved through the right habit that is accompanied by the proper intention of wanting to be a productivity or quality conscious person. In inculcating the right habit‚ a character development
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Islamic banking and finance An alternative form of banking which challenges the western norms and addresses it limits. But it shouldn’t really be considered a norm just because it is developed in the West‚ based on capitalist ideas. Other forms of banking such as IBF have been around for many years’ especially Islamic countries but just ignored by economic geographers as they were in the global South. It is not an ‘emerging’ method; it has been successful in many Middle Eastern and Asian countries
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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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Sources of Islamic Law There are four sources of Islamic Law. Primary Sources: The Holy Quran The Sunnahs of the Holy Prophet (PBUH) Secondary Sources: Ijma (Consensus) Qiyas (Analogy) The Holy Quran (القرآن) Muslims believe the Quran to be the direct words of Allah‚ as revealed to and transmitted by the Prophet Muhammad صلى الله عليه وسلم. The Quran is the Most Fundamental Source of Islamic knowledge. All sources of Islamic law must be in essential agreement with the Qur’an. When the
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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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central France‚ between Tours and Poitiers. The Muslim defeat caused the spread of Islam to be temporarily halted. The victorious Franks were led by their king‚ Charles Martel. The Muslim army at this time was on a conquest throughout the western world and had already swept through Africa‚ conquering the North African kingdoms stretching from Egypt to Morocco. From there‚ they conquered Spain and invaded Gaul conquering one city after another. The Frankish army intercepted them
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Questionnaire (Islamic Bank Account Holders) Branch Name: Perceptions of peoples towards Islamic Banking in Pakistan Purpose: The purpose of this questionnaire is to know your view on Islamic Banking in Pakistan. Your response will help me to complete my Ph.D. dissertation. All information will be for statistical use only and will remain strictly confidential. Thank you‚ in advance for your kind cooperation. 1. Your Age (Please Circle the appropriate category A.18-30 Yrs. B. 31-40
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