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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A DISSERTATION ON “ISLAMIC BANKING IN INDIA-WHAT IS THE FUTURE POTENTIAL?” Introduction: The basic principles on which the Islamic banks function are prohibition of Riba i.e. collection and payment of interest and prohibition of investment in organization involved in unethical and socially harmful activity. the profits earned by a bank from its activities and returns made by a bank to the depositors shall be (a) from sharing of risk in the project and (b) profit-share agreements
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The customs of an ancient Jewish wedding ceremony teach us over and over again what Jesus actually did‚ and will do for a people that have followed His Father’s Commandments‚ and kept themselves holy‚ and set apart from the world. The first step in an ancient Jewish wedding ceremony began with the father of a bridegroom choosing a bride for his son. However‚ the father of an ancient Jewish bridegroom could have also sent a representative to secure a bride for his son. We see this occur when Abraham
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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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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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Kalima. • Deen-e-Hanif is an old name of Islam. • First institution of Islam is Suffah. • Haq Mahar in Islam is fixed only 400 misqal. • Ijma means ageing upon any subject. • Qayas means reasoning by analogy. • There are four schools of thought of Islamic Law. • Janatul Baki is situated in Madina. • Masjid-e-Hanif is located in Mina. • JANAT UL MOALA is a graveyard in MECCA. • Qazaf: false accusation of
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2003 MVRS PUBLICATIONS‚ INC.‚ MARS C. LACONSAY‚ MYLA C. AGUJA and AGUSTINO G. BINEGAS‚ JR.‚ petitioners‚ vs. ISLAMIC DA’WAH COUNCIL OF THE PHILIPPINES‚ INC.‚ ABDULRAHMAN R.T. LINZAG‚ IBRAHIM F.P. ARCILLA‚ ABDUL RASHID DE GUZMAN‚ AL-FARED DA SILVA and IBRAHIM B.A. JUNIO‚ respondents. ISSUE: Whether or not there was an existence of the elements of libel in the Bulgar article. FACTS: 1. ISLAMIC DA’WAH COUNCIL OF THE PHILIPPINES‚ INC.‚ a local federation of more than seventy (70) Muslim religious organizations
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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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“Vegetal Pattern in Islamic Art†Vegetal pattern‚ one of the major types of ornament‚ is also can be called Arabesque which means “in the Arab fashion†in French. Arabesque is a repetition in Islamic art which is used in many places in Islamic art. Vegetal pattern is used very often in Islamic art‚ because people do not portray images of human. The reason that human portrayals cannot be found as many as vegetal patterns is that Muslims feared to depict the human form‚ since they thought
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Islamic Da’wah and the Role of a Muslim Introduction Ever since man existed on this earth‚ he has been trying to know himself and in all cases in which he does not follow the divine revelations‚ he gets misguided and confused between two extremes; sometimes he thinks that he is the greatest in this universe and so he gets filled with selfishness‚ oppressiveness and arrogance that would drive him to disbelieve in Allah and to be oppressive and corruptive. Because of this confusion that man has
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