A thesis on ‘‘COMPARISON OF ISLAMIC AND CONVENTIONAL BANKING: A CASE STUDY OF PRIVATE BANKS KARACHI‚ PAKISTAN’’ Submitted to: Faculty of Business Administration In partial fulfilment of the requirements for the degree of MASTERS OF BUSINESS ADMINISTRATION (MBA) Supervised by: Ms. Ambreen Faizan Ms. Amna Munir Submitted by: Naveen Naqvi Enrolment No: 2008/Bus.A/BBA/8317 Major Subject: Banking and Finance Dedication I dedicate this research work to my beloved parents
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2013 TOPIC: ISLAMIC FINANCE PRESENTED BY: NAME REGISTRATION NO NDIRANGU MERCY D61/60537/2013 KIIO PETER D61/61023/2013 AGAO EMILY D61/79814/2012 MUTUKU ESTHER D61/80221/2012 OCHOLA JOSHUA D61/79312/2012 MUHALIA JOHN D61/67666/2011 MAURICE OJOW D61/75719/2012 NICODEMUS KIPTOO D61/76091/2012 MOHAMMED CHUTE OCTOBER 2013 TABLE OF CONTENTS LIST OF ABBREVIATIONS 3 INTRODUCTION 4 1. BACKGROUND AND EVOLUTION OF ISLAMIC FINANCE 5 2. THEORY REVIEW OF ISLAMIC FINANCE 7 2.1
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The religion of Islam has risen up and spread throughout the world to become one of the world’s three largest religions. Islam originated in the desert of present day Saudi Arabia amongst the Arabs. The Arabs were a Semitic-speaking people. They were also a polytheistic society that worshipped an enormous number of gods and goddesses. There was almost one for every day of the year. The entire way of life that the Arabs knew was about to change with the birth of the prophet Muhammad. This man
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Polygamy Polygamy is defined as the condition or practice of having more than one spouse at a time. Though it has existed in many cultures throughout the world‚ polygamy is still very prevalent in most Islamic societies today. There are however several guidelines laid out in Islamic law governing the practice. Here we will examine the practice of polygamy in Islam and those laws which govern its legality. Muhammad did not introduce this practice‚ as has so often been wrongly alleged. The
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one‚ down payment‚ what is hidden underground or beneath the earth‚ the fugitive slave‚ the straggling camel and selling what is not in one’s possession or undeliverable and non- 1- Contracting on a non-existent object The majority of the Islamic jurists have absolutely banned the sale of non-existent object because it involves Gharar element. The banning here means that goods not to be sold before its possession. When Hakim Ibn Hozam asked Allah’s Apostle saying: "some people ask me to sell
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ISLAMIST IDEOLOGY CURRENT TRENDS IN Edited by Hillel Fradkin Husain Haqqani Eric Brown Volume 3 Center on Islam‚ Democracy‚ and The Future of the Muslim World Copyright © 2006 by Hudson Institute‚ Inc. All rights reserved. Printed in Washington‚ D.C. by Kirby Lithographic Company‚ Inc. About the Hudson Institute Hudson Institute is a non-partisan policy research organization dedicated to innovative research and analysis that promotes global security‚ prosperity‚ and freedom. We
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Prehistory and first civilizations What Is "Prehistory"? Prehistory—meaning human societies without writing or widespread written records—survived until Western culture and industrial society completed their globalization in the 20th century‚ making the topic of a course that begins with some very old fossils seem more current than you may think. You learn about dozens of archaeological sites all over the world and learn about stone-tool making‚ mammoth hunting‚ and temple building as you explore
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Egyptian Civilizations The ancient Near East captured much of the region between modern day England and Western Asia‚ including much of Northern Africa and Mesopotamia. From this domain‚ arose early civilizations that made significant contributions that paved the way to how we live our lives today. Two very distinct civilizations arose from the Neo-lithic period that initiated the basis for a great many people’s political structure‚ religion‚ society‚ and culture. Mesopotamian civilization occupied
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Europe I. General Info A. Facts 1. birthplace of western civilization 2. influential on world development a. history - exploration b. philosophy - religion [ religious backgrounds in US & Latin America come from Rome ] c. ideology - gov [ democracy comes from Ancient Greece ] 3. continent - subregions a. Eastern (Central) b. Western B. Geography 1. major cities~refer to map 2. 2nd smallest Australia‚ 2.9) -4 sq. miles 3. population of 700 million +‚ density 65 ppl/sq
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The Islamic Golden Age in Spain was a multi-cultural mix of the people of three religions that believed in one God; Muslims‚ Christians‚ and Jews. During the Golden Age; libraries‚ colleges‚ public baths were established and literature‚ poetry‚ and architecture flourished. Muslims and non-Muslims made general influences to this flowering of culture. The Golden Age is described as religious and ethnic tolerance and mixed agreement between Muslims‚ Christians‚ and Jews. Although Christians and Jews
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