1.4 THE ISLAMIC PERSPECTIVE OF QUALITY In order to produce quality goods or services‚ every task at every level of the operation has to be performed in a manner that will ensure the achievement of a particular standard. The whole exercise entails the physical aspect of the whole process which can be achieved through the right habit that is accompanied by the proper intention of wanting to be a productivity or quality conscious person. In inculcating the right habit‚ a character development
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“What are the perceptions of people about Islamic Banking?” Research Objectives: Our research aims to fulfill many purposes. They are listed below: 1. To explore the perception of people regarding Islamic Banking. 2. To find out which Islamic Banks do people know of. 3. To see how many people use Islamic Banking and why. 4. To whether Islamic Banks are working strictly in accordance with Shariah compliances. Hypothesis: H1: Islamic Banks are working strictly according to
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248 THE FUTURE OF ISLAMIC ECONOMICS Muhammad Akram Khan In view of the economic problems of the present age and the inability of neoclassical economics to analyse them and suggest acceptable solutions‚ Islamic economics holds promise for the future. This article consists of four parts. The first introduces the Islamic worldview and economic objectives of Islam. The second part argues that only Islamic economics has the potential to respond to the economic problems of the future. Part three sheds
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Islamic Accounting History History of Islamic accounting has been around since derives the Qur’an in the year 610 M‚ i.e. 800 years ahead of Luca Pacioli who published the book as the basis of accounting in the year 1494 M. After the advent of Islam in the Arab Semananjung under the leadership of the Prophet Muhammad. and the formation of the Daulah Islamiah in Medina had Baitul Mal‚ i.e. the financial institution that serves as the Treasurer of the State and the guarantor of social welfare
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trade. Trade between Islam and Africa has long been a factor in African culture‚ economy‚ and politics. While Bantu people organized societies on the basis of African tradition‚ merchants from North Africa and southwest Asia introduced their Islamic faith to Africa. Islam arrived though two routes: it went to west Africa overland by trans-Saharan camel caravans‚ and it traveled to coastal east Africa over the sea lanes of the Indian Ocean in the vessels of merchant mariners. Major trade between
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International Islamic Financial Markets Conference‚ Bahrain ISLAMIC UNIT TRUSTS Shahrin Shaikh Mohd Securities Commission‚ Malaysia 19 June 2007 Malaysian Unit Trusts Industry - Where we are @ 31 March 2007 Total Number of Operators Total Number of Unit Trusts Total Net Asset Value Bursa Malaysia Market Capitalisation % of NAV to Bursa Malaysia Market Capitalisation No. of Unitholder Accounts 36 414 USD38.34 bn USD281.46 billion 13.62% 11.3 million Total Number of Islamic Unit Trusts
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in Modern Islamic Law And Jurisprudence”‚ Eygypt. 2. Ayub‚ Muhammad‚ (2008: 348) “Understanding Islamic Finance”‚ John wiley & son. 3. Baamir‚ Abdulrahman Yahya‚(2010 : 65) “Shariʻa Law in Commercial and Banking Arbitration: Law and Practice in Saudi Arabia” ‚ Ashgate Publishing‚ Ltd. 4. Heidemann ‚Maren (2007: 110-111) “Methodology of Uniform Contract Law: The UNIDROIT Principles in International Legal Doctrine and Practice” Springer. 5. Jamaldeen‚ Dr. Faleel (2009 : 94) “Islamic Finance For
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1.1Background of the Company : - Abu Dhabi Islamic Bank (appr. ADIB) is an Islamic bank based in Abu Dhabi city‚ in the United Arab Emirates. Abu Dhabi Islamic Bank was established on 20th May 1997 as a Public Joint Stock Company through the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998‚ and was formally inaugurated by Abdullah Bin Zayed Al Nahyan‚ UAE Minister of Information and Culture on 18th April 1999. All contracts‚ operations and transactions
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The Islamic Republic of Pakistan is bordered in the north-west by Afghanistan‚ north by the former USSR and China‚ east by India and south by the Arabian Sea. The Muslim state that emerged from partition of British India on 14 August 1947 included an eastern wing comprising mainly the eastern half of Bengal province and parts of Assam. (The name Pakistan is coinage representing ’Punjab‚ the Afghan border states‚ Kashmir‚ Sing and Baluchistan’) For nine years Pakistan remained a dominion. It was
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Chapter 7: Abbasid Decline and the Spread of Islamic Civilization to South and Southeast Asia Main Ideas / Questions Record for Review The Islamic Heartlands in the During his reign from 775 to 785‚ al-Mahdi had tried to Middle and Late Abbasid Era consolidate its relationship with the Shi’ites‚ but had failed. Harun al-Rashid ascended the throne from 786-809. Imperial Extravagance and The tales of The Thousand and One Nights was set in Succession Disputes Baghdad during Harun’s
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