strength of the military organization‚ along with their superior archery skills and their tactics. The Mongols had many important aspects‚ but their strength lay in their strong military organization. The Mongols believed that good fighting came in quality of fighting not quantity‚ so they had smaller armies of very well- trained soldiers. Most troops were no bigger than 1000 people. The Mongols also believed that the commanders and leaders of the troops should be chosen by other leaders as they would
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Apa itu Ekonomi Islam? Professor Muhammad Anas Al -Zarqa 6 Ramadhan 1428 18 September 2007 Q.1. Apa itu Ekonomi? Ans.1. It is the social science that studies the production‚ distribution and consumption of goods and services. Ans.1. Ini adalah ilmu sosial yang mempelajari produksi‚ distribusi dan konsumsi barang dan jasa. Q.2 What is an Economic System? Q.2 Apakah yang dimaksud dengan Sistem Ekonomi? Ans.2. It is the set of goals rules and institutions that society prefers
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of financial services‚ the fastest growing segment is Islamic Banking - particularly because it seeks to address needs of an underserved affinity group. Individuals and business in +40 countries with Muslim-majority population and another + 15 countries with Muslim-minority communities share a common value system. IslamiQ.com reports that as of June 2001‚ the global Islamic Banking sector manages USD$200 Billion in ways that conform to Islamic principles (called the Shariah) with a growth rate of
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and Transoxania is a case in point. It was a very tedious Islamic takeover that gradually won over the acceptance of the inhabitants in Persia at the time. However‚ this process of assimilation was not new in the area as many Iranians had previous traditions to which they had adapted during pre-Islamic times of the Achaemenids‚ Parthians and Sassanians. These two customs‚ then‚ were merged together to form what we now call the Iranian Islamic identity. This merger transformed much of the cultural
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Filipinos for fruits and rice‚ which became a very common trade throughout time. With this more and more Muslims even styed and taught many Filipinos the concepts behind Trade and Commence between countries and cultures. Barter trade was an Islamic influence towards the Filipinos as it was a very common practice within the Middle East. Spices‚ Silk‚ Fruits‚ and Cattle were commonly traded among travelers in order to refill their stocks or to try new items. More so‚ Barter was a way of life in
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Trace Hunter 12/15/12 Period 5 The Mongols were fearsome and savage fighters‚ but had smart and loyal political leaders that gave their small population power. Some of the smartest and loyal leaders were in Persia and china both being at the top of political structures. However the Mongols in china had different beliefs of trusting the natives to have power in politics than the Mongols in Persia did. The political structures in both china and Persia promoted strong merchant trade helping
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military superiority. Together with the superior quality of each of its individual soldiers in terms of discipline‚ weapons and combat skills‚ the Mongolian army was able to take on larger and more disciplined armies from larger civilizations. The Mongols are basically nomads‚ roaming the steppe-desert world and moving from oasis to oasis. They rely heavily on their horses and
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The Mongols: How Barbaric Were the “Barbarians”? The Mongols were a militaristic‚ nomadic group that conquered many lands and forged the Mongolian Empire. They were known for their brutality and laws‚ but they also had positive impacts on the territories which they conquered. The Mongols had some very barbaric practices but like other conquerors‚ it was likely to show dominance over the conquered. More importantly‚ they were strong leaders who aided in the growth of the economy as well as diffusion
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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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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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