Islamic management model Abdus Sattar Abbasi National University of Modern Languages‚ Islamabad‚ Pakistan. Kashif Ur Rehman Iqra University‚ Islamabad‚ Pakistan. Amna Bibi University of Peshawar‚ Pakistan. Accepted 31 May‚ 2010 African Journal of Business Management Vol. 4(9)‚ pp. 1873-1882‚ 4 August‚ 2010 Available online at http://www.academicjournals.org/AJBM ISSN 1993-8233 ©2010 Academic Journals Full Length Research Paper Managing an organization is a skilful job. Today‚ globally
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institutions‚ practices and philosophies. By Political thought is meant‚ broadly‚ the study and interpretation of Islamic political culture‚ ideas‚ beliefs‚ and institutions; the contribution of key political theorists and authorities to the understanding or practice of governance; what people and groups believed about political authority and institutions and their political convictions; and how politics in the Islamic world has related to and interacted with
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A Critical Perspective on the Principles of Islamic Finance Focusing on Sharia Compliance and Arbitrage James M Garner* Abstract This essay is a comprehensive discussion of the crucial Islamic finance principles written within Sharia law that govern the sector. Riba (prohibition of interest) being the major and most widely known is central to the discussion. However‚ this essay deals with many other of the major financial principles‚ for instance Gharar (avoidance of excessive risk)‚ Maisir
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The Islamic empire were undoubtedly affected by the gradual shift towards trade routes that bypassed their lands. For the most part the effects were negative that led to a decline in wealth as well as prestige of these Islamic empires. Conversely the new trade routes did allow agriculture to benefit because there was a spread of new crops. Similarly‚ merchants in the Islamic Empire contrived new was to take advantage of the new bustling European trade. Furthermore‚ two factors were instrumental
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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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HUDOOD Hudood derived from the word ‘Hadd’ is often used in Islamic literature for the bounds of acceptable behavior and the punishments for serious crimes. In Islamic law or Sharia‚ hudood usually refers to the class of punishments that are fixed for certain crimes that are considered to be "claims of God." They include theft‚ fornication‚ consumption of alcohol‚ and adultery. These offences are specifically mentioned in the Quran and Sunnah. However shortly after coming into power in 1979‚ General
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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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tiles on a stone paste body that was later set into mortar”. Madrasa Imami is a school‚ in which this piece in was created 1354‚ later it was sold to Arthur U. Pope in 1931. When arriving at the museum I noticed that the items on display in the Islamic Art section were very utilitarian in nature. They were well-crafted beautifully designed tools. Arabic inscription a common theme through out all of the objects. Seeing the art up close is definitely a more satisfying experience‚ your relation to
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Islamic history of Yemen Islam in Yemen dates back to about 630 when it was introduced into the region by Ali when Muhammad was still alive. It was during this period that the mosques in Janad (near Ta’izz) and the Great Mosque of Sana’a were built. Yemenis are divided into two principal Islamic religious groups: 50-55% Sunni and 42%[1]-47%[2] Shia. The denominations are as follows: 50-55% primarily of the Shafi’i and other orders of Sunni Islam. 40-45% of the Zaidi order of Shia Islam‚ 2-5% of the
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Islamic finance infrastructure 1. 1425H (2004) International Islamic Centre for Reconciliation and Commercial Arbitration (IICRCA) - Dubai‚ U.A.E. Conduct mediation of disputes and to adjudicate on financial and commercial disputes which can arise between Islamic financial institutions‚ and between these institutions and/or third parties. 2. 1423H (2002)‚ The Islamic Financial Services Board (IFSB)- Malaysia. Promote development of prudent standards and effective supervision guidelines for the
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