Islamic Financial Institution (IB 1004) Project Work “Islamic Finance development: the Moroccan experience” Student: FZ Habib Eddine CIFP online 2013 1. Islamic Banking in North Africa Compared to other Muslim regions North Africa is still undeveloped in terms of Islamic Finance Institutions. The largest Islamic Bank in the region is Faisal Islamic Bank of Egypt established in 1971 but it is still a small institution compared to other Banks in Middle East and Gulf Area‚ according
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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 Islamic State of Iraq and the Levant (ISIL) also translated as the Islamic State of Iraq and Syria or al sham (ISIS) and known in Arabic by the acronym Daʿesh is an anti-Shi’ist unrecognized Islamic state in Iraq and Syria. Being unrecognized by the international community‚ it is difficult to accurately classify the organization/state and therefore difficult to rate in terms of power.1 However‚ ISIS itself claims sovereignty and statehood and has proven that it is capable of forming a government
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O R T F O L I O MANAGEMENT OF ISLAMIC BANKS ’Certainty Model ’ B.A. BASHIR* University of Lancaster‚ Lancaster LA1 4 YX‚ UK Received January 1982‚ final version received February 1983 The Islamic banking and finance system is recent in origin. Its special features preclude the application of modern finance theories. The system is briefly described in this paper as part of an initial attempt to develop a simple model for the portfolio management of an Islamic bank. The model is built on
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The Empire in Transition Explain the importance of the series of crises from the Sugar Act through the Coercive Acts. How did each crisis change colonial attitudes toward the mother country? In the pre-Revolutionary era‚ outrage was rampant throughout the colonies‚ as the British‚ seeking to correct their debts from the costly French and Indian War‚ decided to make good on direct taxation in the colonies‚ thus monopolizing the trade industry‚ and eventually‚ vying for total control of the
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it had expanded at a compound annual growth rate of 20 per cent over the past three years‚ compared to 9 per cent for conventional finance | The Dubai debt crisis of 2009 showed this claim to be on shaky ground. Companies such as property developer Nakheel and Jebel Ali Free Zone raised funds through sukuk but were forced to restructure once they found themselves unable to pay creditors. | * The market in Islamic bonds‚ or sukuk‚ is believed to total about $50 billion‚ roughly one per cent of
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------------------------------------------------- Empire of the Sun ------------------------------------------------- An analysis of “Empire of the Sun” focusing on the supporting roles occurring in the four matrices of the film. The film “Empire of the Sun” tells the story of Jamie “Jim” Graham‚ a young boy who goes from living in a British‚ wealthy family in the suburb of Shanghai‚ to becoming a prisoner of war in a Japanese internment camp during World War II. The Japanese Empire had been at war with China since
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Circa 1000 C.E‚ the Catholic Kingdoms‚ Byzantine Empire‚ and Islamic Caliphates kept their own beliefs and ideas for land to strive successfully. What lied in Western Europe was the properties of the Catholic Kingdom. For the Church and existing Christians‚ the most important thing was to get as many people to convert and become part of the religion. Families all over and the people of the villages were focused strongly on God and their everyday lives based off the teachings of the Church (Ellis
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African Kingdoms and Empires During 400 AD‚ West Africa witnessed the rise and fall of the indigenous medieval empires of ancient Ghana‚ medieval Mali‚ and Songhai. Many other states and kingdoms arose during this time but Ghana‚ Mali and Songhai achieved the status of fully-fledged‚ functioning and long-living conquest states and expansionist empires. These empires regulated the Trans-Saharan trade by offering protection for trade caravans as well as taxing slaves‚ gold‚ firearms‚ textiles and
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This is an extract from: Byzantine Garden Culture edited by Antony Littlewood‚ Henry Maguire‚ and Joachim Wolschke-Bulmahn published by Dumbarton Oaks Research Library and Collection Washington‚ D.C. © 2002 Dumbarton Oaks Trustees for Harvard University Washington‚ D.C. Printed in the United States of America www.doaks.org/etexts.html The Vienna Dioskorides and Anicia Juliana Leslie Brubaker Dioskorides of Anazarbos‚ a physician and pharmacologist‚ wrote the Materia medica
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