My opinion about Islamic finance is when all the transaction not only in banking but in business too‚ that occur must be in accordance with the law of Al-Quran‚ Hadith and Al-Sunnah. It also related with halal and non-halal transaction. In general‚ Islamic finance is defined as a banking system which uses the Syariah as a rule. This means that all operations of the Islamic bank transaction involving either deposit or financing‚ must be based on Syariah principle. These laws forbid to giving and receiving
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(faith and believe)‚ Akhlak (ethics and morality) and Muamalat (transactions). The latest one‚ Islamic law of transactions (fiqh muamalat) has become inevitable in contemporary Islamic finance. The main rationale could be found in the fact that to some level‚ companies engaging in the business of Islamic finance act upon on the foundation of profit maximization. This must be practiced by embracing the Shariah doctrine‚ one of which is the disallowance of interest or usury as riba. By doing so
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like to express our deepest appreciation to Mr Zainal Azhar Bin Zainal Azim who is our lecturer for Islamic Finance on giving us the opportunity to work on the assignment and providing us with lots of support and guidance which has helped us to complete the assignment on time. This assignment has brought us in making lots of research and we came across to acquire new things about Islamic Finance and Islamic banking specifically. Nevertheless‚ we would also like to thank our fellow classmates who
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many ways. The carbon cycle humans have impact the most. By burning fossil fuels we have increased atmospheric carbon dioxide by at least 35%. (Boorse‚ 2011). The impact that humans have had on this cycle has change many different elements of the natural environment. An example is the ozone layer is slowly being thinned out‚ which in turn is heating up the atmosphere of the earth. The thinning of the ozone layer is leading to changes with water level. The natural changes to the carbon cycle have been
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group of microfinance NGOs in the Philippines initiated the “Developing Standards for Microfinance Project”‚ to address the lack of capacity of Philippine MFIs to reach the poor on a sustainable basis. The project was funded by the US Agency for International Development’s (USAID) mission in the Philippines and its goal was to develop performance standards to achieve increased outreach and sustainability. To achieve this goal‚ key players in the microfinance industry came together and formed the
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5.3.7 Effect of carbon supplements Supplementation of sugars‚ which may act either as carbon sources or inducers‚greatly affect the growth of microorganism. In case of CMCase‚out of the supplemented sugars‚glucose‚sucrose‚maltose‚lactose‚wheatbran and CMC‚ wheat bran show maximum increase in enzyme production. On addition of glucose‚ maltose‚ lactose‚wheat bran and xylan‚ the maltose resulted in an increment in xylanase production (24.96 IU/ml) by SmF. An induction in the enzyme production/activity
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www.ccsenet.org/ijef International Journal of Economics and Finance Vol. 4‚ No. 5; May 2012 The Usefulness of an Accounting Information System for Effective Organizational Performance Siamak Nejadhosseini Soudani (Corresponding author) School of Accounting and Management‚ Islamic Azad University U.A.E. Branch PO Box: 502321‚ Block 4A‚ Knowledge Village‚ Dubai‚ UAE Tel: 97-14-295-3314 Received: March 19‚ 2012 doi:10.5539/ijef.v4n5p136 E-mail: Siamak.nejadhosseini@gmail.com Accepted:
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EXPORT FINANCE SUBMITTED TO: - UNIVERSITY OF MUMBAI OCTOBER 2006 Project Guide: Prof. Mr. Umesh PREFACE In the light of growing need & importance of exports for our country it is of utmost importance that everyone should have an insight in the field of exports. In the course of last decade‚ the export scenario in India has undergone a tremendous change. The liberalization initiated by the government‚ the keen competition in the market place & the rapid increase in the export of services
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Experiment 2: Aerobic Respiration in Beans We will evaluate respiration in beans by comparing carbon dioxide production between germinated and nongerminated beans. As shown in the balanced equation for cellular respiration‚ one of the byproducts is CO2 (carbon dioxide): C6H12O6 + 6 H2O + 6 O2 → energy + 6 CO2 + 12 H2O We will use a carbon dioxide indicator ( bromothymol blue) to show oxygen is being consumed and carbon dioxide is being released by the beans. Bromothymol blue is an indicator that turns yellow
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Global Finance‚ Inc. is an international organization with expansions in many states. In every state‚ the company has a number of sites and each site has several workers and customers. Offices are interconnected to each other and to the host organization. As an international organization‚ Global Finance‚ Inc. requires a robust network that can support its daily operations‚ a secure network system and efficient network management strategies. Normally‚ network choices rely on the company budget‚ network
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