reference source for decision makers in the global Islamic finance industry‚ providing strategic insights from Ernst & Young Dear Banking & Finance Leader‚ It is with great pleasure that we present to you the 9th annual edition of the World Islamic Banking Competitiveness Report 2012/13‚ developed in collaboration with leading global professional services and advisory firm Ernst & Young‚ and exclusively launched onsite at the 19th Annual World Islamic Banking Conference (WIBC 2012) during a specially
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following the victory at the War of Liberation with Pakistan‚ Bangladesh is a member of the United Nations (UN) and its various specialized bodies and agencies including ESCAP. She is also a member of the Commonwealth of Nations and Organization of Islamic Countries (OIC) including their various affiliated organs. Bangladesh‚ which has a thousand years of recorded history‚ has a rich and varied cultural heritage‚ and is well known for its music‚ poetry and paintings. Bangladesh is a small country
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Any worldview should be able to answer the ultimate questions not necessary correct answers but at least consistent. The Definition of Islamic worldview “Ru’yatal-Islam li al-wujud” “A metaphysical survey of the visible as well as the invisible worlds including the perspective of life as a whole”.Al-Attasin“IslamandtheChallengeofModernity‚p.27. Islamic worldview encompasses the issues of universe‚ creator‚ prophethood‚ society‚ man‚ and hereafter. It is not a worldview that is formed merely
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Asian festivals vary from place to place but all share one thing in common: they’re big and a lot of fun! With so many different cultures‚ religions‚ and reasons to celebrate squeezed into Asia‚ you’ll probably be close to an interesting festival no matter where you travel. Many events are based on lunar calendars and the dates change each year. Use this guide to plan around some of the largest festivals in Asia. 1. Festivals in Thailand • Songkran / Thai Water Festival: April 13 -15. • Loi
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Islamic Women...Is There an End to their sufferings? The question proposed in the title is basically a direct response after going through Geraldine Brooks’ essay “Nine Parts of Desire; The Hidden World of Islamic Women” in its second chapter. Geraldine poses several ideas and personal experiences in which she tries to understand the mystery of the perpetuating repressive and barbaric practices (genital mutilation‚ infibulations‚ hysterectomy‚ and honor killings) that have nothing to
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Introduction Islamic finance has come a far since its active re-introduction about 25 years ago. Presently‚ it is estimated that Islamic banks and financial institutions manage some US$200 billion of funds all over the world. Although small in terms of the total global assets managed by financial intermediaries‚ the growth rate is impressive by any standards. Based on the article review which is “Globalization of Islamic Finance: Myth or Reality?’” it had discussed on the question of whether the
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Islamic Banking Analysis Haythem Joudeh February 22‚ 2013 Abstract This goal of this research is to find out if Islamic Banking is a better alternative to the Western‚ Conventional Banking. The information provided will reveal various Islamic Banking principles that would have prevented previous major economic crises and if applied globally today could prevent a major economic collapse. Islamic Banking is banking system based on Shari ’a (Islamic) Law on which it developed its unique
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----------------------- A PRIMA - FACIE CASE FOR ISLAMIC ACCOUNTING • Purpose Accounting : To permit informed decision which will enable scare resources to be allocated efficient to achieved ‘social welfare’. |Islamic |Conversational | |To achieve socio – |To meet needs of | |economic & religions|‘capitalist’ | |objective of Islamic|economy. | |Institution & | | |Muslims Users. | | |Provide holistic
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Defining Islamic Law Islamic law is the collection of rulings and legally binding rules related to the regulation of individual behavior in society. It is a legal system with a broad range of directives‚ covering the specifics of various affairs‚ yet broad enough to be flexible and non–rigid due to its capacity for renewability and adaptability. The History of Islamic Law Role #1: This was the role of education and dealing with legal life issues in Arab society during the mission of the Prophet;
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Summery Islamic Mode of Financing in other Countries (Malaysia‚ Iran‚ Sudan‚ Saudi Arabia) Introduction Islamic banking and finance may not be a totally new concept‚ the widespread expansion of this form of banking is certainly a fairly recent phenomena. There are more than 600 Islamic banking institutions and these institutions not only operate in Muslim countries‚ but have also gained footing in non-Muslim countries. Consensus forecasts expect the asset size of global IFSI to hit US$2 trillion
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