1.1 OVERVIEW OF DIMINISHING MUSHARAKAH 1.1.1 Concept of Musharakah‚ its types‚ basic rules and areas of application Since the term “Diminishing Musharakah” as a mode of Islamic finance originated from another mode of finance “Musharakah”‚thus it is more important to have a brief idea of Musharakah for the better understanding of Diminishing Musharakah. Musharakah derived from Arabic word “Shirkah” which means being a partner. So‚ the lateral meaning of Musharakah is sharing and under
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The Abbasid Revolution The Abbasid Dynasty‚ known to its supporters as the ‘blessed dynasty’‚ which imposed its authority on the Islamic empire in 132/750‚ claimed to inaugurate a new era of justice‚ piety and happiness. The dynasty ruled the Islamic Caliphate from 750 to 1258 AD‚ making it one of the longest and most influential Islamic dynasties. For most of its early history‚ it was the largest empire in the world‚ and this meant that it had contact with distant neighbors such as the Chinese
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Ayoub Laissouf Books‚ Ink‚ and Bindings Introduction The development of the Islamic book art and bookbinding was a result of the need of a written document of the divine revelations that the prophet Muhammad received through the angel Gabriel from 610 AD until 632. The followers of the prophet memorized Quran and transmitted it orally‚ and they jotted it down on bones‚ camel shoulder blades‚ stones and several other materials. However‚ with the swift expansion of the Islam to other regions
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In the Golden Age period‚ Spartan and Athens were the existing powerful city- states in Greece‚ without both being satisfied despite being prosperous. The more Athens tried to become stronger‚ the more the Spartans were trying to break them down; therefore‚ it is possible to say that they were fighting for power. The cities belonging to the Delian League were supporting the Athens whereas; the Peloponnesian League supported the Spartans. Finally‚ the Peloponnesian war took place in 431 BC which lasted
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development of so many cultural achievements within Athens and the Athenian Empire has led scholars to deem this period a "Golden Age." It is true that his period had many achievements‚ but in the light of the Athenians treatment of women‚ metics (non-Athenians living in Athens)‚ and slaves it is given to question whether or not the period can truly be called "Golden." The 5th century and the Athenian Empire gave birth to an amazing amount of accomplishments. One such accomplishment was
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Life in Elizabethan England during the Renaissance Why is Elizabethan England known as the “Golden Age”? Elizabethan England (in the mid 1500’s to early 1600’s) was dubbed the “Golden Age” because England was thriving‚ culturally‚ socially‚ and economically. England had earned riches from Latin America in gold and tobacco‚ Queen Elizabeth had resolved all international conflicts‚ and England was one of the most advanced countries in world exploration. Additionally‚ the arts were thriving‚ with
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KINDI Birth: 801 CE in Basra‚ Iraq Death: 873 CE in Baghdad‚ Iraq Era: Medieval era (Islamic Golden Age) Education: House of Wisdom Interests: Al Kindi area of interest was Philosophy‚ logic‚ ethics‚ mathematics‚ physics‚ chemistry‚ psychology‚ pharmacology‚ medicine‚ metaphysics‚ cosmology‚ astrology‚ music theory‚ Islamic theology (kalam) Books: De Gradibus‚ Scientific weather forecasting in the middle ages‚ The medical formulary‚ or Aqrābādhīn Lifetime of Al Kindi Abu Yusuf Yaqub ibn Isḥaq aṣ-Ṣabbaḥ
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Queen Elizabeth is heard to be the greatest leader of England in history. She became queen in 1558 and inherited a poor nation. Many of her supporters thought that it would be best if she got married as soon as possible and let him control but Elizabeth had other plans. Government England of Elizabeth I was a very complicated system of government. First there were the national bodies of government such as Privy Council and Parliament‚ and the regional bodies such as the Council of the Marches
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Book Report: The Golden Notebook Meg 1011325 The author Doris May Lessing is a British writer. Her novels include The Golden Notebook‚ The Golden Notebook‚ and five other novels collectively known as Canopus in Academy. Lessing was awarded the 2007 Nobel Prize in Literature. She was described by the Swedish Academy as "that epicist of the female experience‚ who with skepticism‚ fire and visionary power has subjected a divided civilization to scrutiny". She was also the eleventh woman and the
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have experienced a Golden Age‚ where great advances were made in a variety of different fields. A Golden Age indicates a period of primitive peace‚ harmony‚ stability‚ and prosperity in an area. A Golden Age also refers to a time where cultural advancements and enlightenments are at their highest point throughout learning‚ advances in thought‚ technology‚ art‚ literature‚ science and research. The Roman Empire and India have both been acknowledged for having a successful Golden Age and cultural and
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