Pillars of Islamic Banking & Finance By: Munawwar Ali Kartio Research Scholar MBA (Finance)‚ DAIBP‚ LLB‚ PGD (Islamic Banking & Finance) Under Supervision of Prof Dr. Iqbal Ahmed Panhawar Pro-Vice Chancellor UNIVERSITY OF SINDH – JAMSHORO (MirpurKhas Campus) بسم الله الرحمن الرحيم PILLARS OF ISLAMIC BANKING & FINANCE Abstract Islam emphasis justice and equity in all spheres of human society and refrains from all sorts of exploitation in financial dealings. It encourages
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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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and Jebel Ali Free Zone raised funds through sukuk but were forced to restructure once they found themselves unable to pay creditors. | * The market in Islamic bonds‚ or sukuk‚ is believed to total about $50 billion‚ roughly one per cent of global bond issuance * Dubai’s fast-growing Emirates airline said it was looking at the Islamic finance market to fund aircraft deliveries as European banks backed out of plane deals because of the euro zone debt crisis. * Some big Western banks‚ facing
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Islamic Economics Term Paper Al-Hisbah in Islamic Economics Table of Contents: What is the Al-Hisbah Institution? Al-Hisbah objectives Who are Rijal-al-Hisbah? Qualifications of a Hisbah Official How Al-Hisbah differs than Anti-corruption Procedures of Al-Hisbah References I- What is the Al-Hisbah Institution? The Hisbah is a religious institution under the authority of the state that appoints people to carry out the responsibility of enjoining what is right‚ whenever
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Postmodern Fiqh : An Analysis On Gender Issues Abstract. The history of Islamic law (hukm) gone through fluctuations of phases. From the time of the Prophet PBUH‚ it continuously to become a dynamic force in fulfilling the contemporary needs of the Ummah. After the period of taqlid‚ Islamic jurisprudence gone through the process of tajdid in order to rejuvenate Muslim society to the practice of Ijtihad. Changes that happened in social circumstances and the developments in the field of science
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ntroduction: Bangladesh is one of the largest Muslim countries in the world. The people of this country are deeply committed to Islamic way of life as enshrined in the Holy Qur’an and the Sunnah. Naturally‚ it remains a deep cry in their hearts to fashion and design their economic lives in accordance with the precepts of Islam. The establishment of Islami Bank Bangladesh Limited on March 13‚ 1983‚ is the true reflection of this inner urge of its people‚ which started functioning with effect from
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question this essay seeks to explore is: what is terrorism and what are some the causes of this anti-US terrorism? In order to find the causes of anti-US terrorism‚ this essay will research various academic works in an effort to find some explanations of what causes anti-US terrorism. I will examine a couple different hypothesis that try to explain the causes of terrorism‚ but my research I plan to argue that anti-US terrorism is rooted in political and social movements by angry Islamic fundamentalists
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They are born with masks and unveiling these “sacred amulets” is considered a sacrilege to their faith‚ rendering their lives in darkness‚ however. But despite all of this‚ Islamic women are found to be surprisingly enlighteners with an increasing number working as scientists‚ researchers and culturists. Such telling bodies of evidence hold the answer itself: when it comes to true power‚ women cannot be ignored. If given more
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Islamic Equity Mutual Fund Performance in Malaysia: Risk and Return Analysis Nik Maheran Nik Muhammad Universiti Teknologi MARA‚ Kelantan nmaheran@kltn.uitm.edu.my Masliza Mokhtar Universiti Teknologi MARA‚ Kelantan masliza@yahoo.com Abstract Mutual funds in Malaysia have experienced a considerable growth over the last decade in terms of the number of funds offered and the volume of capital managed by unit trust management companies. A higher growth can be expected due to a strong participation
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JOURNAL REVIEW Title: Price Control in an Islamic Economy Author: Muhammad Lawal Ahmad Bashar Publish: 1997 Introduction This paper emphasizes the control of the Islamic economic price. Government intervention in price control has been discussed in Islamic economics in 1950. Islamic economic margins redefine government intervention to raise the question of why‚ when‚ where and how the intervention will be allowed. These efforts have led to a different conclusion because it has happened
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