INTRODUCTION Islamic finance system has its basis in great Islamic value. It is Riba-free system ( Riba means interest) which ensures the abolition of profit-sharing from the whole financial system. Islamic Finance System (IFS) can be categorized with absence of ‚ Interest based transactions Interest based financial institution Unethical and doubtful transactions Companies’ stocks involved in unlawful activities Market manipulation And so on and so forth. Islamic Financial System is opposite of Conventional
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Islamic perspective on crime and punishment Implementation of human right charter in Islamic state: Islam gives guidance for entire life and it gave a comprehensive global code for respecting human rights 1400 years ago. The last sermon of the Holy Prophet Muhammad (S.A.W.W) which is the complete charter on human rights‚ and lasting peace and security is possible by implementing it. Implementation of human right charter in Pakistan: Islam is a religion of universal application‚ as it emphasizes
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C‚x7ik y7ku`w2History of Islamic Banking in Pakistan Efforts to Islamize the economy of Pakistan started in the mid 60s. However a significant attempt was made in the mid 80s1 to convert the banking system to an Islamic banking system. The Banking Companies Ordinance (BCO‚ 1962) was amended to accommodate non-interest based transactions and the industry was given a specific timeline to convert to the non-interest based system. In early 90s‚ the whole exercise was challenged in the Federal Shariat
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practices and philosophies. By Political thought is meant‚ broadly‚ the study and interpretation of Islamic political culture‚ ideas‚ beliefs‚ and institutions; the contribution of key political theorists and authorities to the understanding or practice of governance; what people and groups believed about political authority and institutions and their political convictions; and how politics in the Islamic world has related to and interacted with
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THE BUYING CENTER Assistant Sitar Corina Pop Sitar Ph.D. candidate Anne-Marie Hordău‚ North University of Baia Mare‚ Victoriei Nr. 76‚ Tel: 0262-276059‚ e-mail: sitarcorina@yahoo.com; annemariehordau@yahoo.com Abstract: Although the buying center concept has made an important contribution to the study of organizational buying behavior‚ comprehensive research of the buying center structure has been limited. This paper extends the understanding of the structure of the buying center by showing and
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………………..33 Chapter 1 Introduction and History 1.1) Introduction Thirty years ago‚ Dubai Islamic Bank ( ’DIB ’) created history by becoming the world ’s first Islamic Bank. Today‚ Islamic banking has become one of the fastest growing economic sectors with over 300 financial institutions‚ with assets estimated at over US $300 billion providing Islamic financial services. Despite huge growth in the sector DIB continues to be the industry pioneer and undisputed market leader
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SUMMARYThe case‚ "Greenhill Community Center"‚ depicted the dilemmas and crises that the new Executive Director‚ Leslie‚ had encountered after she got accepted as the new Executive Director of the Greenhill Community Center. She had an MBA degree‚ and she personally thought that she had enough experience in each area to manage all directors and staffs by using all she had learned from school. However‚ one year after she worked at Greenhill‚ she started felt frustrated and hopeless. Problems & ChallengesLeslie
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Educational Leadership: An Islamic Perspective Dr. Walid Ahmad Masa’dah‚ Department of Islamic Studies‚ College of Shari ’ah and Islamic Studies‚Yarmouk University‚ Irbid‚ Jordan And Dr. Ali Mohammad Jubran‚ Department of Islamic Studies‚ College of Shari ’ah and Islamic Studies‚Yarmouk University‚ Irbid‚ Jordan ABSTRACT This paper aimes to identify the main features of educational leadership from an Islamic perspective. It is an attempt to contribute to the development and understanding
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Topic: Salient features of Islamic economics compared with capitalism and socialism Lahore College for Women University “Islamic Economics and its Features” System: System can be defined as: “System (from Latin systema‚ in turn from Greek systēma) is a set of interacting or interdependent entities‚ real or abstract‚ forming an integrated whole.” We can also define system as “A group of D that interact regularly to perform a task.” There are many systems regarding state and most
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The person it is talking about in the article the Vikings and Islamics who found the Islamic ring. The Islamics had used stained glass and silver to make the ring and the Vikings would trade the meat and fur. Leif Erickson‚son of Erik the Red‚ could’ve led the first European trip up north and to the west almost five centuries before Christopher Columbus landed in the Bahamas. There is written evidence of Vikings had contact with the early Muslim world. The Vikings have traveled as far as Constantinople
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