and Jebel Ali Free Zone raised funds through sukuk but were forced to restructure once they found themselves unable to pay creditors. | * The market in Islamic bonds‚ or sukuk‚ is believed to total about $50 billion‚ roughly one per cent of global bond issuance * Dubai’s fast-growing Emirates airline said it was looking at the Islamic finance market to fund aircraft deliveries as European banks backed out of plane deals because of the euro zone debt crisis. * Some big Western banks‚ facing
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CHAPTER 1 INTRODUCTION Lorma Medical Center is the largest private hospital in Region 1. Since it was launched in 1934‚ it has set the standard for quality care‚ cleanliness‚ specialization and technology and it is one of the leading Medical Centers of the North. Lorma Hospital was founded by Dr. & Mrs. Rufino N. Macagba‚ Sr.‚ both physicians. The name LORMA stands for their family names: LOR-enzana‚ the maiden name of Dr. Crispina Macagba and MA-cagba. The hospital began admitting patients
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ntroduction: Bangladesh is one of the largest Muslim countries in the world. The people of this country are deeply committed to Islamic way of life as enshrined in the Holy Qur’an and the Sunnah. Naturally‚ it remains a deep cry in their hearts to fashion and design their economic lives in accordance with the precepts of Islam. The establishment of Islami Bank Bangladesh Limited on March 13‚ 1983‚ is the true reflection of this inner urge of its people‚ which started functioning with effect from
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Development of Islamic Banking in the UAE Selected Topics in Finance Development of Islamic Banking in the UAE Prepared by : Dalida Cheikh ID number : 200911197 Supervised by : Dr. Al Gielani Al Sherief Summer1- 2012 Contents Abstract 3 Introduction 3 Islamic Banks and Conventional Banks 4 Comparison of performance 2005 - 2010 5 Findings 7 Conclusion 13 References 14 Appendix 15 Acknowledgements I would like to express my special gratitude to my boss
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Islamic Equity Mutual Fund Performance in Malaysia: Risk and Return Analysis Nik Maheran Nik Muhammad Universiti Teknologi MARA‚ Kelantan nmaheran@kltn.uitm.edu.my Masliza Mokhtar Universiti Teknologi MARA‚ Kelantan masliza@yahoo.com Abstract Mutual funds in Malaysia have experienced a considerable growth over the last decade in terms of the number of funds offered and the volume of capital managed by unit trust management companies. A higher growth can be expected due to a strong participation
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They are born with masks and unveiling these “sacred amulets” is considered a sacrilege to their faith‚ rendering their lives in darkness‚ however. But despite all of this‚ Islamic women are found to be surprisingly enlighteners with an increasing number working as scientists‚ researchers and culturists. Such telling bodies of evidence hold the answer itself: when it comes to true power‚ women cannot be ignored. If given more
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JOURNAL REVIEW Title: Price Control in an Islamic Economy Author: Muhammad Lawal Ahmad Bashar Publish: 1997 Introduction This paper emphasizes the control of the Islamic economic price. Government intervention in price control has been discussed in Islamic economics in 1950. Islamic economic margins redefine government intervention to raise the question of why‚ when‚ where and how the intervention will be allowed. These efforts have led to a different conclusion because it has happened
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some explanations of what causes anti-US terrorism. I will examine a couple different hypothesis that try to explain the causes of terrorism‚ but my research I plan to argue that anti-US terrorism is rooted in political and social movements by angry Islamic fundamentalists who believe using non-conventional tactics are the most rational way to fight the US and the western powers. Terrorist groups‚ such as Al-Qaeda‚ do not see diplomacy with the US as an option to voice their demands because they see
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RISK MANAGEMENT IN ISLAMIC BANKING Chief Risk Officer BANK ISLAM MALAYSIA BERHAD Jeroen P.M.M. Thijs Bank Islam reserves all propriety rights to the contents of this Presentation. No part of this Presentation may be used or reproduced in any form reproduced without Bank Islam’s prior written permission. Islam’ This Presentation is provided for information purposes only. Neither Bank Islam nor the Presenter makes any warranty‚ expressed or implied‚ nor Neither assumes any legal liability or
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I. Islamic Worldview a. The Question of Origin – Similarly to Genesis of the Bible‚ the Quran offers verses describing creation. “Surely‚ your Lord is Allah who created the heavens and the earth…" (Yunus 10:3) The Quran also tells us that Allah is the creator of all‚ including man. There are very few differences between the Islamic and Christian views of Creation‚ as both views accept that everything was created by the Lord. b. The Question of Identity – “The Islamic Identity is taken to mean the
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