Contents Introduction Islamic finance – financial institutions and products designed to comply with the central tenets of Sharia (or Islamic law) – is one of the most rapidly growing segments of the global finance industry. Starting with the Dubai Islamic Bank in 1975 (and operations in the United Arab Emirates‚ Egypt‚ the Cayman Islands‚ Sudan‚ Lebanon‚ the Bahamas‚ Bosnia‚ Bahrain and Pakistan)‚ the number of Islamic financial institutions worldwide now exceeds over
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Islamic Golden Age The Islamic Golden Age or the Islamic Renaissance‚ is traditionally dated from the 8th to 13th centuries A.D.‚ but has been extended by one scholar to at least the 15th century by recent scholarship. During this period‚ artists‚ engineers‚ scholars‚ poets‚ philosophers‚ geographers and traders in the Islamic world contributed to agriculture‚ the arts‚ economics‚ industry‚ law‚ literature‚ navigation‚ philosophy‚ sciences‚ sociology‚ and technology‚ both by preserving earlier traditions
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Medell’s Islamic Ancient Traditions: The Six Pillars Islamic Ancient Traditions: The Six Pillars From the Writings of Crystal Medell Humanities Ms. Melissa Jayne Shelton University of Central Oklahoma Abstract The purpose of this paper is to describe ancient Islamic traditions. This paper focuses on the religious traditions that are mainly still practiced today according to the Qur’an. The six pillars are described which consist of Shahadah‚ Salat‚ Zakat‚ Sawm‚ Hajj‚ and Jihad.
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Shah and the Islamic fundamentalist regime are characterized as bad rulers of the Iranian people and it is difficult to say which was worse for the Iranian people. Satrapi seems to say that each regime is one side of the same coin. The Shah was brutal to his people‚ imprisoning many of the political revolutionists‚ in his attempt to maintain power and to serve Western interests. The Islamic regime used the same brutality for the same reasons in order to propagate a pure Islamic state. Marjane sees
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Acceptance Of Islamic Hire Purchase Facility: A Case Study among staff In Jabatan Pelajaran Negeri Kelantan‚ Kota Bharu 2012 CHAPTER ONE: 1.0 INTRODUCTION OF THE STUDY INTRODUCTION The Islamic concept of Al-Ijarah Thumma al-bay’ refers to lease or hire or rent ending with purchase. It is a type of lease which concludes with option to buy back which is concludes the legal title of the leased asset and will be passed to the lessee at the end of the period. It is one of the contemporary innovative
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J Bus Ethics (2013) 112:257–270 DOI 10.1007/s10551-012-1246-1 Bringing Work Back in Islamic Ethics Bayu Taufiq Possumah • Abdul Ghafar Ismail Shahida Shahimi • Received: 18 January 2012 / Accepted: 7 February 2012 / Published online: 22 February 2012 Ó Springer Science+Business Media B.V. 2012 Abstract Religion and work are seldom discussed. The two have caused scholars to question the religion’s role with work. This paper reviews research on the integrate between religion and work
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Machiavelli vs Islamic Political Thought Niccolo Machiavelli was a political realist. He thought there were certain skills and characteristics needed to become a political ruler. In his work‚ The Prince‚ Machiavelli gives advice on how to be a successful prince‚ or ruler. "Successful" is partly based on how powerful a ruler was during his lifetime (reign)‚ but largely based on how much the prince affected the lives‚ through laws or societal norms‚ of future generations. Machiavelli was mainly interested
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GMGF5324 POLITICAL ECONOMY ASSIGNMENT: ISLAMIC POLITICAL ECONOMY IN NATIONAL DEVELOPMENT PREPARED FOR: DR. KAMARUDDIN ABDULSOMAD PREPARED BY: FATIN HANANI BINTI TARMIDZI 1. WHAT KIND OF NATIONAL DEVELOPMENT HE WAS MENTION? 2. WHAT APPROACH HE DISCUSS IN HIS TALK? 3. YOU COMMENTS? “The Economic Philosophy of National Development” is the title of what has been presented by Lt. Kol. Prof. Dr. Abdul Razak Chin. He had explained a lot of brilliant ideas on political‚ national
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Separate Business Entity – Conventional And Islamic. Nazrin KB Bismillah Ar-Rahman Ar-Rahim The manner of this short essay is that it will discuss my findings regarding the generally accepted accounting concepts and principles a.k.a. the GAAPs that most accountants and professional accountancy bodies worldwide have‚ in unison‚ established to be the essence of the most ordinary way of businesses treating their everyday activities within the scope of accounting. All businesses do have in their
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4.0 Effects of Islamic Social Science Thinking to Human Civilization Subsequently‚ with the numerous contributions of Islamic scholars to Islamic social scientific thinking‚ they influenced some of the greatest human civilizations as well. Even to this day and age‚ many are unaware of the Islamic world’s contributions to the betterment of humanity. From the Western civilization up to the Malay civilization‚ Islamic thinking has undeniably made its mark on them up to this day. Further elaboration
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