Hong Leong Bank Conventional Islamic 1. Personal Financial Services I. Credit Cards Offering you tangible savings and everyday privileges II. Investment 1. Personal Financial Services-i I. Deposits Our deposit products are offered under the Shariah contract of Wadiah Yad Dhamanah and Mudharabah (Profit Sharing)‚ which are in accordance with the Shariah principles. Based on the Wadiah concept‚ your savings account will be entitled to Hibah (gift) at the bank’s discretion. Our Mudharabah
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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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There is no way that xenophobia does not exist in the contemporary world‚ you can see it in political campaigns and when an epidemic threatens western civilization. However‚ The Walking Dead is not an example of xenophobia. The graphic novel The Walking Dead shows a civilization trying to come back after a zombie apocalypse‚ in which they are living in complete survival mode and never know what is coming for them next. Some people believe that The Walking Dead only has to do with humanity’s deepest
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Banking Group is a Bahrain Joint Stock Company listed on Bahrain and NASDAQ Dubai stock exchanges. It is a leading international Islamic bank with Standard & Poor’s long and short-term credit ratings of BBB- and A-3 respectively. Al Baraka Banking Group offers retail‚ corporate/ investment banking and treasury services strictly in accordance with the principles of the Islamic Sharia’h. The authorized capital of Al Baraka Banking Group is US$1.5 billion‚ while total equity amounts to about US$1.7 billion
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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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A critical book report on Lawrence Wright’s The Looming Tower. Introduction The September 11th terrorist hijackings and attacks on the World Trade Center and the Pentagon caught the United States largely by surprise. Once the dust had settled‚ and the shock and horror of such an unprecedented event had waned‚ the American public began to ask questions. Names such as Osama bin Laden‚ countries such as Afghanistan‚ and organizations such as Al-Qaeda were brought into the public’s consciousness for
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Tabassum Siddique Assistant Professor & Internship Supervisor Department of Business Administration International Islamic University Chittagong Dhaka Campus. Subject: Submission of Internship Report. Dear Madam‚ This is a great pleasure to submit the Internship report on Green Banking in Islami Bank Bangladesh Ltd.as the requirement of the BBA program from International Islamic University Chittagong with major of Finance & Banking. I have put mymaximum effort for preparing this report with
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Ramadan Date Variable (follows the Islamic lunar calendar) 2010 date 11 August – 10 September 2011 date 1–29 August 2012 date 20 July-18 August Celebrations Communal Iftars Observances Sawm (fasting)‚ zakat (almsgiving)‚ Tarawih prayer‚ reading the Qur’an Related to Eid ul-Fitr‚ Laylat al-Qadr Ramadan (Turkish:Ramazan) (Arabic: رمضان Ramaḍān‚ Arabic pronunciation: [rɑmɑˈdˤɑːn]) is the ninth month of the Islamic calendar‚ which lasts 29 or 30 days. It is the Islamic month of fasting‚ in which participating
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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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