Islamic Financial Institution (IB 1004) Project Work “Islamic Finance development: the Moroccan experience” Student: FZ Habib Eddine CIFP online 2013 1. Islamic Banking in North Africa Compared to other Muslim regions North Africa is still undeveloped in terms of Islamic Finance Institutions. The largest Islamic Bank in the region is Faisal Islamic Bank of Egypt established in 1971 but it is still a small institution compared to other Banks in Middle East and Gulf Area‚ according
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Fulda‚ Germany Available online 4 March 2010. Abstract Islamic banking and finance have grown rapidly in recent decades. Islamic banks offer a range of products‚ which‚ in complying with Islamic law‚ often differ from traditional Western financial products. Consequently‚ developing accounting standards to guide Islamic financial reporting is now an important issue. To this end‚ the Accounting and Auditing Organization for Islamic Financial Organizations (AAOIFI)‚ was established in Bahrain
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Is Terrorism Distinctively Wrong 911‚ the Paris Bombing‚ Mumbai Train Bombings‚ and the Oklahoma City Bombing were all horrific acts of terrorism. The common view when it comes to terrorism‚ is that it is entirely and utterly wrong. Not many would choose to argue against this. The philosopher Lionel K. McPherson however‚ argues that terrorism is not distinctively wrong. He argues that terrorism and war are similar and because of that they should be criticized equally. Even though I agree with some
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INTRODUCTION Before we start to discuss the counter-terrorism strategies of European Union‚ we have to first answer the question: “What is terrorism?” or “How exactly can be terrorism defined?” When answering this question we will encounter two “problems”. Firstly‚ it is not straightforward to define this worldwide-known term because of its complexity of relating criminal‚ unlawful activities and there is no universal definition of terrorism. And secondly‚ there are as many definitions as many scholarly
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Acts of terrorism have a variety of common criteria and methods to achieve such criteria. First‚ let’s examine what common criteria acts of terrorism have. Terrorism can have a variety of definitions‚ however‚ they all surround the same idea. According to Islam and Ryan (2016)‚ acts of terrorism seek to destabilize social order‚ create a dispute‚ and undermine societal cohesion to bring political or social change (p. 181). In addition‚ terrorism can occur internationally (country to country) or domestically
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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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What To Do?: Terrorism and the Media Imagine you are a resident of Jerusalem‚ in the year 60 AD. You are taking a walk throughout the marketplace doing your weekly shopping. You see a man pull out a dagger and he yells death to all Romans ’ and attacks a roman guard‚ killing him in front of hundreds of spectators. The assassin quietly slips into the crowd and is lost in a sea of people never to be found. The word of the attack spreads and soon it is the talk of the town. Many more attacks
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The Threat Cyber terrorism is the world’s newest threat against the United States. The FBI defines cyber terrorism as "The premeditated‚ politically motivated attack against information‚ computer systems‚ computer programs‚ and data which result in violence against noncombatant targets by sub-national groups or clandestine agents" (Elmusharaf‚ 2004). This definition provided by the FBI can be broken down into several layers. The first layer is that of the actors‚ their motives are political in
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The heart of the word Terrorism is Terror. In our society when many hear terrorism‚ fear takes a grip on our emotions. Since the days of overseas bombings‚ racial unrest and many other ugly acts upon the United States‚ this fear has been justified. Studying Domestic Terrorism has been one of my goals since September 11‚ 2001. Taking this course will give me a deeper understanding of the mindset of terrorists to enhance training for dangerous deployments. As a United States solider‚ I have come to
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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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