for every Muslims (Tamano 1996). In teaching Sharia or Islamic Law‚ Arabic Language should be highly encouraged as the fundamental medium used in the classroom. However‚ in the case of King Faisal Center most of the students taking up Sharia courses have only miniature background in Arabic field particularly Arabic language. As a result the teachers preferred to use Local language just to make the student understand the discussions of Sharia. Sharia Law or Islamic Law derives its legal rules to
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The Reformed System: Interest Free Banking ………………………………….. Dr. Sirajuddin H Chougle‚ Dr. Abdul Majid Ansari‚ Associate Professors‚ Department of Commerce‚ Maharashtra College‚ Nagpada‚ Mumbai. 400 008.India Contact:sirajchougle@gmail.com ……………………………………………………………………………… Abstract One major problem the world faces today is acute poverty or widening gap between rich and poor. There have been continuous efforts to tackle this issue. The efforts are made to develop a balanced world. Banks
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A Critical Perspective on the Principles of Islamic Finance Focusing on Sharia Compliance and Arbitrage James M Garner* Abstract This essay is a comprehensive discussion of the crucial Islamic finance principles written within Sharia law that govern the sector. Riba (prohibition of interest) being the major and most widely known is central to the discussion. However‚ this essay deals with many other of the major financial principles‚ for instance Gharar (avoidance of excessive risk)‚ Maisir
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Crumbling Between Tolerance and Intolerance The more different choices we have‚ the more we appreciate our decisions or at least we have more the chance of replacing our habits to “better” ones. On the other hand‚ so much of differences may lead to conflicts as well since perception of “different” changes from one another and to some; it is not always something desirable. This is why only when combined with tolerance‚ moral‚ religious and ethnic diversity in societies‚ colors the scenes of our everyday
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IJRF Vol 5:1 2012 (73–85) 73 Threats to religious freedom in Nigeria Analysis of a complex scenario Yakubu Joseph and Rainer Rothfuss1 Abstract Nigeria currently grapples with an unprecedented spate of sectarian violence‚ which continues to take a debilitating toll on the people. Although the country is no stranger to communal violence related to religion‚ which in the last twelve years has claimed thousands of lives‚ the present situation is unique in terms of the nature‚ geographical
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UK Centre for Legal Education Siyar (Islamic International Law) Manual on Teaching Islamic International Law (Siyar) ©2008 (UKCLE – 1st Draft Copy) CONTENTS COURSE AIMS & OBJECTIVES COURSE SYLLABUS LECTURES AND TUTORIALS LITERATURE ON SYLLABUS TUTORIAL ESSAYS COURSE MATERIALS COURSE ASSESSMENT TEACHING ISLAMIC INTERNATIONAL LAW (SIYAR) CONTEMPORARY CASES ON ISLAMIC INTERNATIONAL LAW OVERVIEW OF ISLAMIC INTERNATIONAL LAW (SIYAR) RECOMMENDED BIBLIOGRAPHY
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the research‚ books‚ academic research papers and organization’s homepages were used as sources. The empirical part of the study is a qualitative and is based on open-ended questionnaire complemented with semi-structured interviews from two fully sharia compliant Islamic and two conventional bank’s Islamic window managers who make investment decisions in their banks. The study is qualitative and descriptive in nature and investigates how things are rather than suggesting how things should be.
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The country that I am going to introduce to you is The United Arab Emirates. It is a federation of the seven States ruled by Sheikh Khalifa Zayed Al Nahyan: - Abu Dhabi is the capital of the UAE and is the largest emirate by area‚ and second largest by population after Dubai; accounting for approximately 86% of the total land of the UAE. Its emir is Khalifa bin Zayed Al Nahyan. It is known for its highest share of oil production and economic decisions. - Dubai is regarded as the Centre of finance
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Logan Simon World History AP Chapter 9 documents 11/7/14 Document 9.1 1. What specific prescriptions for social life do these selections contain? Notice in particular those directed toward the weakest members of society. How would you describe the Quran’s view of a good society? These selections contain the idea that society is supposed have people that wish good onto others and speak to others and about others in a kind way. Society is expected to be in constant prayer and also expected to contribute
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products and services tailor-fitted to the local market and‚ most importantly‚ compliant with the culture-specific regulations. All their local counterparts‚ by virtue of Federal Law No- 6 of 1985‚ are committed to abide by the provisions of the Islamic Sharia Law‚ the sanctions of which are derived from the Holy Quran and the sayings of the Prophet Muhammad. Central to the standards set by the Law prohibit Islamic financiers from engaging in transactions that involve interest (riba) and speculation (gharar)
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