LAW 240 ISLAMIC BANKING PRODUCT 05/29/13 ISLAMIC BANKING PRODUCT 1 05/29/13 ISLAMIC BANKING PRODUCT 2 05/29/13 ISLAMIC BANKING PRODUCT 3 AL-WADIAH (CURRENT A/C) • Based on the Islamic principle of Al-Wadi’ah Yad-Dhamanah (Guaranteed Safe Custody) • Can withdraw all or part of money whenever want. • Free from Riba (Usury) and is the clear and pure way to bank. • Can be opened by an individual aged 18 years and above with the capacity to contract‚ or a company‚ organisation
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ISB 547 (Islamic Banking & Financial Services) Islamic Acceptance Bills Introduction Islamic Acceptance Bill is one of the Islamic financial instruments that are traded in Islamic Inter-bank Money Market. Islamic Acceptance Bills are traded based on Murabahah and Bay’ al Dayn concept similar to the other financial instruments such as Islamic mortgage bond and Islamic private debt securities. The Inter-bank Money Market‚ in turn‚ is the place where a set of activities
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Through the time period 300 C.E. to 600 C.E the Indian Civilization has changed but also stayed the same culturally and politically. The Gupta Dynasty created peace and prosperity known as the Golden Age of India‚ the silk road brough relligions and ideas from other areas and united most of India. Due to the silk roade the Indian Civilization gained many goods‚ ideas and technologies. Due to this the gupta Dynasty was able to create the Hindu culture that remains dominant in India. Although Hindu
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Towards Developing A Successful Islamic Financial System: A Lesson from Malaysia ABSTRACT The Islamic financial system in Malaysia has achieved phenomenal growth since its humble beginning in 1963 with the establishment of Pilgrimage Fund or ‘Tabung Haji’. Central Bank of Malaysia reported an average annual growth rate of 18% in the last two decades. Malaysia has been regarded as the role model amongst Organization of Islamic Countries (OIC)‚ in implementing Islamic financial system and has a strong
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2012 Africa’s Golden Past “Africa’s Golden Past” was a very interesting article I’ve read. I’ve learned about the different countries in Africa. I’ve learn the many different art forms Africa have for example‚ languages‚ of different sorts‚ wars that occur in our great Motherland‚ and great achievements of Kings. I learn about different cultures that Africa has to offer. There were many parts of Africa that was very wealthy with gold. After reading through “Africa’s Golden Past” I believe
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To serve the Organization as a hard worker in this competitive environment discharging all my professional skills To be a part of Organization that provides an atmosphere of mutual growth and benefits‚ where I can show my talent and potential To work in tandem with a team in a challenging and competitive environment where I could improve my knowledge‚ capabilities and put them to use for the development of the organization To take up challenges in the field of computer Hardware learning the practical
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muhammad Bio 104 2/15/13 Critique of the Pepperd Moth Experiment In the next few paragraphs I will be giving you two different types of experiments conducted. The first is going to be by Kettlewell and the second is by Rory Howlett and Michael Majerus. I will be explaining what they did in each of them as well as give you a conclusion and my own personal critique on each of them. The Kettlewell Experiment In early Great Britain it was noticed that there was a depletion of the light colored
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International Research Journal of Finance and Economics ISSN 1450-2887 Issue 28 (2009) © EuroJournals Publishing‚ Inc. 2009 http://www.eurojournals.com/finance.htm Financial Management of Construction Contracts (Constructability and its Relation with TQM‚ Cost Shifting Risk and Cost/Benefit) Tauqir Haider Tauqir Haider is a qualified Professional Accountant‚ Visiting Faculty member in leading Universities of Pakistan for Finance subjects and having a wide experience on construction contracts
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Islamic views on evolution are diverse‚ ranging from theistic evolution to creationism. Muslims believe in a God as the Creator‚ as explained in the Qur’an. Throughout history some Muslim thinkers have proposed and accepted elements of the theory of evolution‚ while believing in the supremacy of God in the process. In modern times‚ some Muslims have rejected evolution‚ and teaching it is banned in some countries. The main problem with evolution for this particular group is that the Adamic descent of
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INDIA - THE GOLDEN SPARROW While talking of ancient Indian glory‚ History textbooks in Indian schools often refer to ancient India as a Golden Sparrow. India has traditionally been a storehouse of world’s gold and it has always had defense systems and attitudes that can be best compared to that of a sparrow - defensive with strict policy of non-aggression. It is no wonder that India was invaded time and again with the intention of plunder. Yet‚ Indians refuse to learn from history. Even today
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