Islamic Economics Economics studies are devoted with the economical behavior of individuals and societies‚ for instance production‚ consumption‚ saving‚ good exchange and so on. Every nation is supposed to regulate the production of goods and services as demanded by the people‚ consumers‚ thus any economic system needs to answer four main questions: 1- What to produce of goods and services? 2- How to produce these goods and services? 3- Who to produce to these goods and services
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Journal of Banking & Finance 37 (2013) 433–447 Contents lists available at SciVerse ScienceDirect Journal of Banking & Finance journal homepage: www.elsevier.com/locate/jbf Islamic vs. conventional banking: Business model‚ efficiency and stability Thorsten Beck a‚⇑‚ Asli Demirgüç-Kunt b‚ Ouarda Merrouche c a CentER‚ Department of Economics‚ Tilburg University and CEPR‚ The Netherlands World Bank‚ Development Research Group‚ United States c European Securities and Markets Authority
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His Messenger and His rightful servants. I thank Allah for his mercy and grace to let me complete this assignment. I am grateful to be assigned with this interesting topic. First of all‚ I would like to thank Professor Dr Razali Nawawi‚ my Islamic Obligation Lecturer (MCL Program) for his guidance and help throughout the making of this task. Your ideas and brilliant thoughts are very useful to me. Your recommendation of the book by Ibnu Taymiya has gained me valuable knowledge. To my parents
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Cash Connection: Are its Payday Lender Strategy and It’s Business Model Ethical? Cash Connection is a pay day advance short-term lending company‚ offering quick cash for people who might not always have cash readily available. Other services Cash connection provides include check cashing‚ bill payment services‚ prepaid phone cards and money orders. 1. What is Cash Connection’s Strategy? Which of the Five generic competitive strategies discussed in Chapter 5 most closely fits the competitive approach
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While some historians argue than Islamic science is simply an extension of Greco-Roman science‚ the scientific advancements made by medieval Arabs were unique compared to their Greco-Roman ancestors and quite substantial compared to their European counterparts. The idea that Islamic science is simply a continuation of Greco-Roman science may come from the extensive translation efforts made from Islamic ruler Abbasid caliph al-Mamum in the ninth century. It is important to note that while a greater
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Islamic Accounting Methodology Compiled By Dr. Hussien Shehata Prof. of Accounting Al-Azhar University In The Name Of ALLAH The Most Beneficien The Most Merciful Read : In name of the LORD‚ who created‚ Created man from a clot‚ Read‚ and they LORD is Most Bountiful‚ Who teaches by
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appreciation Lu mulder Fall 2012 Islamic calligraphy and arabesque. Islamic art is intellectual‚ refined and decorative; it contains no strong emotions and pathos but exhibits serene harmony. The term Islamic art covers a broad range of traditions‚ from metal work‚ carpet weaving‚ calligraphy and arabesque to architecture. It includes religious art as well as art made by and for Muslims and object made for Muslims by artists of other faiths. Islamic art can mean different things to different
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phenomenon. Source of this culture comes from the teachings provided by the Holy Prophet Mohammed (P.B.U.H) and Islam (Bouhdiba‚ 2003). Muslims are the followers of Islam and the Islamic (Abrahamic) religion. Word “Muslim” originally comes from an Arabic term which means “Followers of Allah” because the Islamic religious deliver. Muslims believe on one God and admits that Allah is incomparable and Islam is a religion which provides them with a complete code of life. Teachings of Quran are unaltered
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chitectureIslamic Architecture Islamic architecture encompasses a wide range of both secular and religious styles from the foundation of Islam to the present day‚ influencing the design and construction of buildings and structures in Islamic culture. What is Islam? * The name of the religion is Islam‚ which comes from an Arabic root word meaning "peace" and "submission.“ * Islam teaches that one can only find peace in one’s life by submitting to Almighty God (Allah) in heart‚ soul and
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Islamic Extremists Nearly everyone has heard about Islam and the Arab world. In addition‚ many countries have already faced issues with the Muslim believers. Islam has caused problems‚ terrorist attacks‚ anti-democracy all over the world. They were also very successful in sending a message of who they truly are. People who are literally obedient to the Islamic faith are called Islamic Extremists. People‚ who are of the Islamic faith however desire to survive in peace without tribulations are not
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