science. Islamic economics‚ and its offshoot Islamic finance‚ are built on the foundation of Homo islamicus‚ the Islamic Man‚ which is claimed to be distinctive from Homo economicus. However‚ the Islamic financial institutions emerged as part of the Islamic banking movement‚ where interest (traditionally equated with riba) is regarded as prohibited and the underlying behavior of the constituent members‚ Homo islamicus‚ is assumed as part of an idealized society‚ imbued with Islamic values and commitment
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Background of Bank Islam Malaysia Berhad (BIMB) Bank Islam‚ established in 1983‚ is Malaysia’s maiden Shariah-based institution. Since its inception‚ it has emerged as the symbol of Islamic banking in Malaysia and its vision to be “A Global Leader in Islamic Banking” illustrates the Bank’s status as the flag bearer of the country’s financial services industry (“the industry”). Bank Islam has been growing from strength to strength as evidenced by its financial performance and paid-up capital‚ which
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INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA KULLIYYAH OF ECONOMICS AND MANAGEMENT SCIENCES ACCOUNTING FOR ISLAMIC BANKS ACC 4561 SECTION 2 IJARAH 21ST DECEMBER 2012 PREPARED FOR: MDM. ROS ANIZA MOHD. SHARIFF PREPARED BY: GROUP 4 MOHAMAD SHAFIQ BIN MUSA NUR AIN BT MAZUPI NADHIRAH AZIDY NURUL NAJAT BT HALIM MUHAMMAD AYMAN BIN A YAZID (0824825) (0812550) (0933644) (0831108) (1011065) 0 ABSTRACT This paper is on the study of Ijarah Financing in Malaysia and Bahrain with the related
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INCEIF The Global University in Islamic Finance Kuala Lumpur‚ Malaysia (CIFP) AL IJARAH THUMMA AL BAI’ (AITAB) (SH1003) Semester September 2012 Name: NORHADIYATUL AKMA BINTI JAAFAR Student No: 1200335 TABLE OF CONTENTS Abstract.....................................................................................................................................2 Key Terms of the Paper................
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Perennial Values in Islamic Art |نويسنده : تيتوس بوركهارت | | |منبع : Studies in Comparative Religion‚ Vol. 1‚ No. 3. | | |زبان : انگليسي |نسخه قابل چاپ | |تاريخ درج مقاله : چهارشنبه 28 آذر 1386
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r Describe the elements of an Ijara transaction. r Contrast Ijara with the other modes of Islamic finance. r Identify the reasoning behind the Sharia’a rulings on Ijara. r Describe the different forms of Ijara. r Explain the practicalities of implementing Ijara. r Identify the Arabic terminology used in Ijara. r Describe the Sharia’a rulings on Ijara. r Contrast conventional leasing with Islamic leasing. r Explain the role that interest can play within an Ijara transaction. r Identify problems
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Mudharabah : Islamic Solution to Unemployment Crisis 1 Islamic Solution to the Unemployment Crisis Ezry Fahmy Bin Eddy Yusof International Islamic University of Malaysia (IIUM) Economics in the Qur’an and the Sunnah Mudharabah : Islamic Solution to Unemployment Crisis 2 1.0 INTRODUCTION The whole world is now in the grip of a financial crisis which is far more serious than any experienced since the Great Depression. It has taken more than $3 trillion of bailout and liquidity
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Factors and the Performance of Malaysian Islamic Banks Parviz Ahangi University of Lethbridge Faculty of Management Abstract This study analyzes the effect of internal and external factors on the performance of Islamic banks in Malaysia. Additionally‚ this study analyzes the robustness of this effect by adding factors that represent the economic crisis of 2008 and the banks’ maturity to the analysis. This study uses the data for 16 Malaysian Islamic banks for the period of 2005-2011. The stepwise
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morally acceptable?" and "who can morally be defined as an enemy?" This notion is usually used by ideological and religious extremists‚ in order to justify their own acts of extreme violence. A prime example of religious extremists is the ’jihadi Islamic fundamentalists ’‚ the term jihad means a sacred "struggle" but is manifested by some radical Muslim clerics as a holy war and therefore perceived that their war is a "just war" (Martin‚ 2013). This paper will endeavour to answer the question; Did
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Atiquzzafar Khan IIIE‚ International Islamic University‚ Islamabad‚ Pakistan About The Course & How To Use This Lecture The Distance Learning Course entitled “Fundamentals of Islamic Economics” is a joint offering of Imam Sadiq University‚ Tehran‚ Iran; International Islamic University‚ Islamabad‚ Pakistan; Markfield Institute of Higher Education‚ Leicester‚ UK; and Islamic Research and Training Institute (IRTI)‚ Islamic Development Bank with participation of Kuwait
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