I. Introduction: The development of a modern society depends to a large extent on the nature and standard of higher education. Thus the role of higher education is to prepare competent‚ knowledgeable and far-sighted people for assuming various higher responsibilities. The growing importance of knowledge in the modern world can hardly be overemphasized‚ especially in the era of globalization and in a global environment which is fiercely competitive. Particularly‚ higher education has enormous
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Doctor: David Hampton March 27‚ 2008 Introduction to Islamic banking system Islam not only prohibits dealing in interest but also in liquor‚ pork‚ gambling‚ pornography and anything else‚ which the Shariah (Islamic Law) deems unlawful. Islamic banking is an instrument for the development of an Islamic economic order. Islamic banking‚ with 15 to 20% growth a year‚ has emerged as one of the vital pillars of the global economic system. Islamic financial institutions (IFI) are operating in over 75
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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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Hezbollah is a Shi’a Islamic terrorist organization. They had emerged in Lebanon in the early 1980’s as a consolidation of other Shi’a militias. Their early activities in the 1980’s had mainly focused on the Lebanese civil war acting against American and Israeli forces. This came about due to the Israeli’s occupying Lebanon for eighteen years up until 1990. Hezbollah waged an asymmetric war using guerrilla tactics such as suicide attacks against the Israeli Defense Forces. Hezbollah is regarded
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Illustrate the fundamentals of Islamic banking by comparing and evaluating an Islamic bank with a western one. Introduction: This report seeks to give an analysis of Islamic Banking and an organisational comparison to a corporate Global banking system/western one whilst identifying key issues and challenges that may arise for the use of such Islamic banking in the United Kingdom. “Islamic banking is a growing sector with its diversity in different segments and spectrum. It Caters to religious
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time‚ on the East‚ the massive Mongol Empire was under the leadership of Chinggis Khan. The empire grew rapidly and descendants were sent invasions in all directions. With the Mongol’s developed technologies‚ various ideologies and commodities were dispersed and exchanged all over Eurasia. The East and the West both have strong cores. European powers in the West and Mongols in the East. These two powerhouses share no cultural uniformity. Europe’s ignorance of the Mongols productions was quite prominent
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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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ISLAMIC VIEW OF JUDGEMENT AND REWARD ‘At the time of death‚ two of the best friends parted the soul from the body. Allah says that‚ definitely‚ Muslims will be raised up again after death. Then they will be gathered for the day of judgment. Allah has promised a second creation.’ (K. Ebrahim‚1993). ‘Islam teaches the continued existence of the soul and a transformed physical existence after death.’ (Religion Facts‚ 2014). Taken from Masjid al-Muslimiin‚ ‘Muslims must believe‚ without any doubt‚
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From the 7th century to the end of the 13th century there were two Islamic golden ages. The first Golden Age was from about the 7th century to the 11th century. This Golden Age was society integrated in all dimensions‚ political‚ social‚ and moral‚ under the aegis of Islam. (Lapidus 14).The second Golden Age was from the 11th century to the 13h century. This Golden Age society was divided between state and religious institutions and differentiated political and religious elites (Lapidus 13). While
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