Pillars of Islamic Banking & Finance By: Munawwar Ali Kartio Research Scholar MBA (Finance)‚ DAIBP‚ LLB‚ PGD (Islamic Banking & Finance) Under Supervision of Prof Dr. Iqbal Ahmed Panhawar Pro-Vice Chancellor UNIVERSITY OF SINDH – JAMSHORO (MirpurKhas Campus) بسم الله الرحمن الرحيم PILLARS OF ISLAMIC BANKING & FINANCE Abstract Islam emphasis justice and equity in all spheres of human society and refrains from all sorts of exploitation in financial dealings. It encourages
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Islam and the West: Conflict‚ Democracy‚ Identity Akeel Bilgrami‚ Columbia University This short essay analyzes the deception and self-deception in talk of ‘the clash of civilizations’ and proceeds to diagnose what is wrong in the standard understanding of Islam in the Western media today by looking to the abiding history of colonial relations with Islam down to this day and also looking to the relation between ideals of democracy and the formation of religious identities. The essay closes with some
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WOMEN as a PILLAR of development We are living in an Islamic State where Islam & Sharyiah have great influence on the society. Islam pays a lot of regards to the mankind especially women either she is a household lady or a working lady. It is our male dominated society which tries to subordinate the women assuming them as a weaker sex. Today in the 21st century‚ women are performing their best roles in every field of life. It is very important that we have to build our nation as strong as we
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Islam is a religion that has existed that begins as the faith of a small community of follower who called “Muslims” in Arabia in the seventh century‚ Muhammad‚ a rich businessman who eventually married a rich widow in Mecca. In his middle age he began to receive revelations from the God that have been preserved in the Qur’an and spread it believe and teaching to the rest of the world. The basic message of Islam is Jackson J.S (2009) “there is no god but Allah and Muhammad is his prophet”‚ which
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What is Islam Islam is the religion of the holly Qur’an‚ and people who follow this religion are called Muslims. The belief of Muslims is that there is only one god who is grateful and carry about his subordinate. The prophet Mohammed‚ who wasn’t able to read before the gift from Allah (god in the Arabic language)‚ was the first to find Islam. After its recognition Islam was acquiring different denominations as Sunni Islam‚ Shia‚ Sufi‚ and Quraniyoon. The largest Islamic movement is the Sunni
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only two Muslim festivals set down in Islamic law: Eid-ul-Fitr and Eid-ul-Adha ("Eid" or "Id" means festival). There are also several other special days which Muslims celebrate. Al-Hijra (1 Muharram) The Islamic New Year’s Day. This festival commemorates the Hijra (or Hegira) in 622 CE when the Prophet Mohammed (pbuh) moved from Mecca to Medina. This was the beginning of the growth of Islam into a world faith. The Muslim calendar counts dates from the Hijra‚ which is why Muslim dates have
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Islam and Christianity are the two largest religions in the world with approximately 3.4 billion followers combined. Islam and Catholicism- the largest branch of Christianity- share many key similarities and differences. One such similarity is the belief in only one God‚ which can be defined as monotheism. The prayer rituals of Islam and Catholicism differ from one another; however‚ there are some correspondences. The cultural contexts of the two religions and the current issues facing Muslims
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Running head: MY REACTIONS TO THE MUSLIM CULTURE My Reactions to the Muslim Culture Savannah State University MSWK June 25‚ 2008 In the United States‚ Americans die every day; however‚ the dying process and funeral rituals are different from culture to culture. As professional workers we must be aware and have knowledge of a variety of culture behaviors when it comes to death. Before doing this assignment I had little knowledge about other cultures rituals and arrangements
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An area of popular research throughout the last two decades is the study of mainstream media and it’s depiction of individuals that follow the Islamic faith. It is evident that Muslims encounter countless stereotypes through the lens of Western media consumers. This essay will highlight events occurring after the September 11‚ 2001 World Trade Centre attacks and ultimately display the Islamophobia present within politics. It is through this research that I will outline the stereotypes prevalent whilst
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Outline one significant practice within Islam? The Hajj continually supports the concept of Islam and continues to validate the importance of the submission to Allah‚ acceptance of the Qur’an and respect to Muhammad to millions of Muslims worldwide. The word Hajj means to ’to set out for a definite purpose’. Taken place in the holiest city of Islam; Mecca - this was the death place of Muhammad and where he was approached by Allah many years ago. This pilgrimage is considered to be the most important
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