UNIVERSITY OF NAIROBI SCHOOL OF BUSINESS MASTER OF BUSINESS ADMINISTRATION GROUP ASSIGNMENT SEPT – DEC 2013 TOPIC: ISLAMIC FINANCE PRESENTED BY: NAME REGISTRATION NO NDIRANGU MERCY D61/60537/2013 KIIO PETER D61/61023/2013 AGAO EMILY D61/79814/2012 MUTUKU ESTHER D61/80221/2012 OCHOLA JOSHUA D61/79312/2012 MUHALIA JOHN D61/67666/2011 MAURICE OJOW D61/75719/2012 NICODEMUS KIPTOO D61/76091/2012 MOHAMMED CHUTE OCTOBER 2013 TABLE OF CONTENTS LIST OF ABBREVIATIONS 3
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Islamic perspective on crime and punishment Implementation of human right charter in Islamic state: Islam gives guidance for entire life and it gave a comprehensive global code for respecting human rights 1400 years ago. The last sermon of the Holy Prophet Muhammad (S.A.W.W) which is the complete charter on human rights‚ and lasting peace and security is possible by implementing it. Implementation of human right charter in Pakistan: Islam is a religion of universal application‚ as it emphasizes
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through self-discovery and meditation. The practices that occur at the majalis vary with each Sufi order‚ but the quintessential meaning is the same‚ and that is that Sufi music has universally influenced the world and has bridged the gap between both the Western world and the Islamic world. The renowned scholar‚ Seyyed Hossein Nasr quotes a man he deeply admires‚ Yehudi Menuhin‚ who said‚ “Sufi music is like ladder that connects the soul to Allah.” This ultimately shows the importance that music
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Polygamy Polygamy is defined as the condition or practice of having more than one spouse at a time. Though it has existed in many cultures throughout the world‚ polygamy is still very prevalent in most Islamic societies today. There are however several guidelines laid out in Islamic law governing the practice. Here we will examine the practice of polygamy in Islam and those laws which govern its legality. Muhammad did not introduce this practice‚ as has so often been wrongly alleged. The
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ISLAMIC LIFE INSURANCE (TAKAFUL)‚ IT’S EVOLUTION‚ COMPARISON WITH CONVENTIONAL LIFE INSURANCE‚ AND ROLE OF DAWOO TAKAFUL ( AN INSURANCE COMPANY OFFERING LIFE INSURANC IN PAKISTAN ) FOR TAKAFUL INDUSTRY IN PAKISTAN Table of Contents 1.0 LIFE INSURANCE/CONVENTIONAL LIFE INSURANCE 2 2.0 ISLAMIC LIFE INSURANCE 2 3.0 WHY LIFE INSURANCE NECESSARY 2 4.0 COMPARISON BETWEEN COVENTIONAL LIFE INSURANNCE AND ISLAMIC LIFE INSURANCE 2 4.1 HOW CONVETIONAL INSURANCE WORKS 3 4.2 DIFFERENTATION OF
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Between the years of 622 and 750 AD‚ the early Islamic Empire expanded rapidly‚ taking control of most of the Middle East. While the expansion of the Islamic empire has had a large impact in the present day‚ there are still many arguments on how the early Islamic Empire expanded. The following essay will prove that the early Islamic Empire expanded by defeating all enemies in their path and conquering all land possible. According to Document A‚ written by Ahmad al-Biladuri‚ a Muslim historian in
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ISLAMIST IDEOLOGY CURRENT TRENDS IN Edited by Hillel Fradkin Husain Haqqani Eric Brown Volume 3 Center on Islam‚ Democracy‚ and The Future of the Muslim World Copyright © 2006 by Hudson Institute‚ Inc. All rights reserved. Printed in Washington‚ D.C. by Kirby Lithographic Company‚ Inc. About the Hudson Institute Hudson Institute is a non-partisan policy research organization dedicated to innovative research and analysis that promotes global security‚ prosperity‚ and freedom. We
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Islamic Financial Institution (IB 1004) Project Work “Islamic Finance development: the Moroccan experience” Student: FZ Habib Eddine CIFP online 2013 1. Islamic Banking in North Africa Compared to other Muslim regions North Africa is still undeveloped in terms of Islamic Finance Institutions. The largest Islamic Bank in the region is Faisal Islamic Bank of Egypt established in 1971 but it is still a small institution compared to other Banks in Middle East and Gulf Area‚ according
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Motifs and Inscriptions. The evolution of the purpose of an artifact reveals the development of complexity within Islamic empires as time progresses. The first Islamic dynasties controlled large unified Islamic states and religious pieces served as the main type of art within their empires. The goal of the gallery layout is to display to an uninformed viewer the evolution of Islamic art over the course of a millennium‚ and to reveal the four unifying characteristics that emerged‚ figural representation
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I. Islamic Worldview a. The Question of Origin – Similarly to Genesis of the Bible‚ the Quran offers verses describing creation. “Surely‚ your Lord is Allah who created the heavens and the earth…" (Yunus 10:3) The Quran also tells us that Allah is the creator of all‚ including man. There are very few differences between the Islamic and Christian views of Creation‚ as both views accept that everything was created by the Lord. b. The Question of Identity – “The Islamic Identity is taken to mean the
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