Obvious no man had more effect on the daily lives of most people in the United States than did Henry ford a pioneer in automobile production. Automobile culture change America society in different ways. For example‚ lifestyle‚ infrastructure and economy. There’s no question about that car is a necessity‚ we don’t lose it. Automobile culture changed our lifestyle. In matter of dating‚ “(Kim Kenney) before cars‚ young men and women spent time together in a chaperoned situation called “courting”. Once
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Islamic Banking in Pakistan 1 ISLAMIC BANKING IN PAKISTAN Islamic Banking in Pakistan: A Review of Conventional and Islamic Banking Prof. Dr. Khawaja Amjad Saeed Hailey College of Banking and Finance University of the Punjab‚ Lahore Proceedings of 2nd International Conference on Business Management (ISBN: 978-969-9368-06-6) Islamic Banking in Pakistan 2 Terminology IBIs ND NIB NPFs P PP PTC ROA ROE SBP SME TFC Islamic Banking Institutions. No Date Non – Interest Based Banking
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I was a changed person by the intervention by my teacher Mrs. Mathur. I stood under the archway of the main gates and gazed back at my school in farewell. The building shimmered in heat haze like a scene of of a dream. How different it had been when I was enrolled in it. I fancied myself an astute observer of people. Impatient as mustard seeds sputtering in oil‚ that’s what you are! My mother would exclaim every time I would come back from school and start playing right away. I wouldn’t study until
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Chapter 1 Introduction 1.1 Background Islamic legal principles regulate the conduct and content of commercial transactions in Islamic Banking. The most important of these principles is the prohibition of riba‚ any predetermined or fixed return in financial transactions. As stated in Quran: “Allah forbids riba and permits trade.” While there is much debate about the exact nature of this prohibition on riba‚ there exists a widespread perception that the ban on riba implies ban on interest
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BASIS OF INCOME RECOGNITION FROM ISLAMIC PERSPECTIVE Yosita Nur Wirdayanti ABSTRACT This paper addresses the issue of basis of income recognition from Islamic perspective. In Islamic banks‚ income recognition is very important since it will determine amount of profit that will be distributed to depositors. Begin with accounting principles from Islamic perspective‚ this paper discusses the concept of accrual and cash basis and scholar opinion about this basis of accounting. Both accrual and cash
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To some‚ Woodstock was one of the biggest rock concerts ever‚ but to many others it was a huge historical event that changed America and its views on the Vietnam War forever. Woodstock was one of the biggest anti-Vietnam War movement to ever exist‚ it also marked the beginning of the Vietnam War as well. The concert was originally supposed to be held in a town named Woodstock‚ New York on Max Yasgur’s 600 acre area‚ but was transferred to Bethel‚ New York because there was not enough room for the
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Roman and Greek cultures have had a major effect on the economics and politics of the world ever since their early days. The innovations of Roman and Greek cultures are still used even today! Roads‚ newspapers‚ concrete‚ and even the modern calendar are all thanks to the Ancient Romans. Their effect reached Israel and Palestine as well‚ the culture seeped into the ways the Israelites and neighboring countries lived their lives. All of Mediterranea was somehow affected by Roman and Greek influence
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Islamic Fundamentalism Contest Introduction I. Islam as a Religion II. Islamic Fundamentalism 3.1. Defining Fundamentalism and the Backgrounds of Islamic Fundamentalism 3.2. Islamic fundamentalist movements Conclusion Bibliography Introduction Islam is the fastest growing religion in the world and is second only to Christianity in number of adherents. Muslims live in all parts of the world‚ but the majority of Muslims are concentrated in the Middle East and
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HISTORY OF CONVENTIONAL BANKING Around 2000 BC‚ banking was initiated by farmers and traders in Babylonia whereby‚ grain loans were made. Later‚ this new mode of ‘trading’ spread to Greece. Some developments were emerging as deposits and money exchange were initiated. Modern banking took birth in Italy in the 14th century and the most famous conventional bank was Medici Bank. The bank system spread to Europe‚ in Amsterdam in the 16th century where much innovation took place‚ in London in the 17th
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Even to this day‚ ancient Greece’s complex culture has shaped modern day cultures. Some of the particular values they had highlighted among most others‚ counting religion‚ faith in their gods‚ justice‚ leadership‚ ‘moira’ (fate)‚ and honor‚ has shaped modern day society. To the Greeks‚ religion has the utmost influence. It pilots their lifestyle‚ describes natural procedures in the place of modern science‚ and sets their communal ranks. Even their observations of science are a quality to the
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