followers‚ Muslims‚ are required to practice its five pillars‚ or duties. Each of these duties is mentioned in the Quran; however‚ scholars have found a more detailed explanation in the Hadith. The five pillars are uttering the Shahada‚ prayer‚ zakat‚ participating in the fast‚ and a pilgrimage to Mecca. The first of the five duties is uttering the Shahada‚ a phrase that declares the faith of the follower. The phrase is‚ "There is no god but God and Muhammad is His messenger." This phrase
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General Muhammad Zia-ul-Haq ------------------------------------------------- Presented by: Faculty: ------------------------------------------------- Niha Jawaid Dr.Imdad Shah ------------------------------------------------- Muneeb Fazal Group # We would like to begin by first thanking our instructor and mentor Imdad Shah‚ whose guidance and knowledge proved to be most valuable in this course. His never ending efforts at making us more
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roTHE ROLE OF ISLAMIC BANKING IN ECONOMIC DEVELOPMENT IN EMERGING MARKETS BY HAJARA ADEOLA MD/CEO LOTUS CAPITAL LIMITED A PRESENTATION AT THE ISLAMIC FORUM BUSINESS LUNCHEON LA SCALA‚ LAGOS NOVEMBER 2007 1 OUTLINE • • • • • • • • • • • • • • Introduction Effects of the Interest Based system The Islamic Solution The Framework Shari’ah Objectives and Effects Islamic Tools for Prosperity Macroeconomic Efficiency Islamic Banks – An Alternative? Effects on the Economy Financial Institutions Global
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SAUDI ARABIA | | | Saudi Arabia‚ located in the Middle East between the Arabian Gulf and the Red Sea‚ is the birthplace of Islam and home to Islam’s two holiest shrines‚ in Makkah and Madinah. The modern Saudi state was founded in 1932 after a 30-year campaign to unify most of the Arabian Peninsula. Saudi Arabia is divided into 13 provinces‚ with Riyadh as the capital. The official language of Saudi Arabia is Arabic‚ and the currency is the Saudi riyal (SAR). The country is a leading producer
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Gabriel in the Cave Hira and was is divinely inspired to create this belief system. Islam impacts the lives of its followers in many ways. Muslim worshipers teach and practice the Five Pillars of Islam. The Five Pillars consist of the Shahadah‚ Salat‚ Zakat‚ Sawm and the Hajj. Each of these pillars hold significance to the Islamic people. The Shahada refers to the profession of faith to Allah‚ each Muslim must believe there is no god but Allah and that Muhammad is his prophet. The Salat is the pillar
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either daily‚ once a year or at least once in a lifetime. These acts are woven into the lives of Muslims and take precedence over all worldly matters. The five pillars of Islam are 1.Declaration of Faith (Shahadah) 2.Prayer (Salah) 3.Charity (Zakat) 4.Fasting (Sawm) 5.Pilgrimage (Hajj) 1. Declaration of Faith (Shahadah) Islam places great importance on having faith; The most basic requirement of being a Muslim is to publicly state the words “There is no God but Allah and Muhammad is His Messenger”
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Arabic. It states: "(I profess that) there is no god but Allah and Muhammad is the messenger of God." 2. Salah is the daily prayer of Islam. It consists of five prayers a day at sunrise‚ at noon‚ in the afternoon‚ at sunset and in the evening. 3. Zakāt or
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1- Number of Quran books in print/ published Quran printing must get the approval of Al-Azhar Mosque in Egypt. Number of published prints of Quran is 500 million copies in Africa. Since 1984 Up to 2012 Estimated Published Quran prints from Saudi Arabia since ( 1985 ) is 260‚782‚000 up to 2013 Printing Place | Production/ Year | King Fahd Glorious Quran Printing Complex (Saudi Arabia) | 5‚000‚000+ 2‚000‚000 parts | The African House for printing The Glorious Quran (Sudan) Since1994 | 300
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Security Council Israel and Palestine Conflict South Korea Israel and Palestine’s Constant Fighting Background: The conflict between Israel and Palestine has been raging for over a hundred years. This conflict truly spawned when Britain signed the Balfour Declaration‚ which agreed to the establishment of a national home for the Jewish people. By 1917‚ Jewish immigrants were pouring into Palestine leaving the confusion of where they would live. Both the Jews and the Muslims were frustrated with
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Cash-Waqf as A New Financial Instrument For Socio-Economic Development: Case Study In Indonesia By Anas Budiharjo 1100360 (Student of CIFP-INCEIF) Kuala Lumpur‚ Malaysia November 20‚ 2011 September 2011 Cash-Waqf as A New Financial Instrument For Socio-Economic Development: Case Study In Indonesia Anas Budiharjo September 2011 1. Introduction Muslim countries claim that their lack of economics success was due to the opression‚ humiliation and bad policies which had been
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