Economic System (Types‚ Advantages & Disadvantages) Economy: Economy is the wealth and resources of a country in terms of production and consumption of goods and services. Economic System: An economic system is a way in which a nation organizes‚ manages or controls the factors of production (resources) so that the wealth of the country is somehow distributed among its population. How these factors of production are controlled and distributed defines economic system. There are
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ISSUES REGARDING BAY AL DAYN Basically‚ the issues regarding bay al dayn can be divided into four part. Among them are about time of trading‚ involved parties‚ types of debt and types of sale. This four element contain many argument either the contract is permissible or impermissible. First of all the explanation will be further on time of trading al dayn. The time for trading al dayn can be divided into two part either with cash or spot basis (bay al dayn al-naqd) or by credit or deferred payment
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TAKAFUL: Objectives and Methodology Lecture Prepared by Mr. Atiquzzafar Khan IIIE‚ International Islamic University‚ Islamabad‚ Pakistan About The Course & How To Use This Lecture The Distance Learning Course entitled “Fundamentals of Islamic Economics” is a joint offering of Imam Sadiq University‚ Tehran‚ Iran; International Islamic University‚ Islamabad‚ Pakistan; Markfield Institute of Higher Education‚ Leicester‚ UK; and Islamic Research and
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Methodology for Business Zakat Assessment. Every business entity are obligated to pay zakat wether profit has been earned or not. It is compulsory to them to pay zakat aslong as the business have positive working capital. Beside that‚ only surpluses asset are subject to zakat . This means that if the sum of the zakatable assets owned by the business is below the nisab at the time zakat falls due (haul)‚ the businesses do not
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ASC172 PRINCIPLE OF RISK MANAGEMENT AND INSURANCE Takaful Products Prepared by: Fatin Syazana Binti Izuddin Noraisyah Amirah Binti Mohd Shafie Nur’Aqila Binti Mohamad Zabri 2012271324 Prepared for: CONTENTS NO. | TOPIC | PAGE | 1. | Introduction | 1 – 2 | 2. | Takaful product : Takaful Malaysia | 3 – 6 | 3. | Takaful Hero | 7 – 11 | 4. | Takaful Ikhlas | 12 – 15 | 5. | Conclusion | 16 | INTRODUCTION
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ACKNOWLEDGEMENT Internship training for the students of Commerce and Business is a complimentary portion of the education‚ where students are put at various organizations of their respective specialization; to see and apply their theoretical knowledge what they have studied dur ing their academic program at the institute.Meezan Bank is one of those organizations where student can achieve his/her academic and professional knowledge productively. In the preparation of this internship report
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3.6.6 Opportunitiesfuture career plans Once I have become a Takaful Consultant‚ there are two steps of development ahead; Opportunity to build your own business/Sales Career. Opportunity for Management. 3.6.7 How can you get Carrier at DFTL?? Decision Time YOU CAN ACHIEVE……….. IT’S UPTO YOU WHAT YOU WANT?? FINANCIAL SOLUTIONS 3.6.8 Job Description Message I have also learn that how to do business. Which prospects must be kept in mind when doing business in Takaful? Why prospects
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parents make the best teachers to their children because they are the ones who begin the whole education‚ from the first word to the first steps‚ they are the ones who love them the most so they’d give their best as teachers. According to Pablo Riba (missionary in India) many Indian parents sell their lands and other kind of things with the desire of giving to their children a better education than the one they had. People are really interested in their children’s education because every parent
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Takaful and Actuarial Practices (TK “Regulations shape the Industry”. The development of the Takaful (or Islamic insurance) industry is very much dependent on its regulations and related guidelines. In many parts of the world Takaful is hardly visible as there are still subject to the Insurance Law. Only Malaysia has its own set of regulations. The first Takaful Act was promulgated in 1984 and recently was replaced by the Islamic Financial Services Act 2013. Even that many of the provisions
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------------------------------------------------- QUESTIONNAIRE “Comparative Study on public and private sector banks” Dear customer‚ We are the students of C.T.I.E.M.T. Shahpur‚ Jalandhar. We are undergoing the project entitled named “Comparative Study on public and Private sector banks” So by filling this questionnaire please helps us in completing our project. Q1. Which Sector bank do you have your account? Public ( Private ( Both ( Q2. In which bank do
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