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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Osama bin Laden On the morning of September 11‚2001 nineteen men hijacked four planes. Only hours later 2‚977 innocent people were killed. Have you ever wondered what a criminal mastermind could contribute to a society? I thought about the same thing when I saw Osama bin Laden’s name on the list of people to choose for this project. This is the main reason why I picked Osama bin Laden for my report. I wanted a challenge‚ not an easy look up in two seconds type of research report. Osama bin Laden
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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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matter if it’s in the United States‚ the Middle East or Europe‚ terrorism continues to be a means of exploitation by the media. Although terrorist interests may lie primarily with the audience‚ the audience reactions and responses are just as important and significant as the act itself. I’m not saying the media is the reason that terrorists are able to get their information across the globe‚ however‚ the media plays a vital role with terrorism because it gets information to other groups indirectly by doing
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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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of terrorism. The official approach to this changing terrorism is rather complicated. The terrorist of yesterday is the hero of today‚ and the hero of yesterday becomes the terrorist of today . There is then a great need to know what contemporary terrorism is and what it is not. Terrorism is a calculated use of power to achieve a political change‚ thus violence or equally important‚ the threat of violence is used and directed in pursuit of‚ or in service of a political aim . Terrorism is
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International Terrorism – The World’s Greatest Challenge Today Today the threat of terrorism is becoming more and more serious. Terrorism is considered the greatest threat against the safety of the world‚ and especially the USA‚ today. The extent of the terrorism has increased significantly over the last couple of years‚ since the terrorist attacks against the US on the 11th of September 2001. After these attacks former president of the US‚ George Bush declared a war against terrorism. There are
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An Introduction to Takaful – An Alternative to Insurance By (Muhammad Ayub)∗ Islamic finance has developed mainly in two directions namely Islamic banking and Islamic insurance (Takaful). While information about Islamic banking is being increasingly disseminated‚ features‚ models and structures of Takaful are little known particularly in Pakistan. Purpose of this brief article is to describe main features and models of Takaful system operating in various parts of the world. All human beings
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Causes are sometimes easy to understand but difficult to resolve. We ask ourselves and political leaders many questions including‚ what is terrorism? What are the determinants behind their attacks? “Terrorism is an outrageous attack carried out either by individuals‚ groups or states against a human being’s religious life‚ intellect‚ property‚ and honor. It includes all forms of intimidation‚ harm‚ threatening‚ killing without just cause and everything connected with any form of armed
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post-9/11 world‚ public officials have tried to define terrorism and understand its roots. President George W. Bush argued that terrorism is incited by “‘persistent poverty and oppression.’” Because these factors “‘can lead to hopelessness and despair‚’” he argued‚ “‘failed states can become havens for terror’” (Krieger and Meierrieks 3). While valid‚ this argument falls slightly short of understanding the full problem. Many argue that terrorism is incited by individuals with psychological problems
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