ISLAMIC LIFE INSURANCE (TAKAFUL)‚ IT’S EVOLUTION‚ COMPARISON WITH CONVENTIONAL LIFE INSURANCE‚ AND ROLE OF DAWOO TAKAFUL ( AN INSURANCE COMPANY OFFERING LIFE INSURANC IN PAKISTAN ) FOR TAKAFUL INDUSTRY IN PAKISTAN Table of Contents 1.0 LIFE INSURANCE/CONVENTIONAL LIFE INSURANCE 2 2.0 ISLAMIC LIFE INSURANCE 2 3.0 WHY LIFE INSURANCE NECESSARY 2 4.0 COMPARISON BETWEEN COVENTIONAL LIFE INSURANNCE AND ISLAMIC LIFE INSURANCE 2 4.1 HOW CONVETIONAL INSURANCE WORKS 3 4.2 DIFFERENTATION OF
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LEADERSHIP FROM AN ISLAMIC PERSPECTIVE By LOKMAN EFFENDI RAMLI Page 1 of 27 1.0 INTRODUCTION Allah (s.w.t.)1 has created mankind with noble objective that people would lead their live in peace and harmony following the system of belief of his revelations sent down through Prophets from time to time since very beginning of the society in this world. On top of that‚ Allah (s.w.t) said in Al Qu’ran the responsible of humankind is to worship to him. “I have only created jinns and men
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Islamic perspective on crime and punishment Implementation of human right charter in Islamic state: Islam gives guidance for entire life and it gave a comprehensive global code for respecting human rights 1400 years ago. The last sermon of the Holy Prophet Muhammad (S.A.W.W) which is the complete charter on human rights‚ and lasting peace and security is possible by implementing it. Implementation of human right charter in Pakistan: Islam is a religion of universal application‚ as it emphasizes
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Ottoman Empires Beginning from when Sargon I of Akkad built the worlds first empire‚ many empires have since then been established and now hold a name that are both as eminent and momentous. Two of these such empire are the Spanish and the Ottoman Empires‚ which began to establish and expand around the time of 1450-1800. Although separate and located in different parts of the world‚ the Ottoman and Spanish Empires share many similarities‚ as well as many differences in their empire building
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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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SAFAVID EMPIRE Key Focus: 1) The Ottoman (Sunni)-Safavid (Shi’ite) split in Dar al-Islam 2) Safavids’ use of religious extremism to inspire a following and forge an empire 3) Transition from heterodox ideology to orthodox theocracy under Shah Abbas I) The Safavid Rise to Power in Persia • 3 empires dominated by presence of Islam • M2oguls in India‚ Ottoman Empire‚ and Safavids a) Isma’il and the Messianic Ideology of the Qizilbash (warriors; “red heads” → their turbans) i) How did a 14 year-old
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meditation. The practices that occur at the majalis vary with each Sufi order‚ but the quintessential meaning is the same‚ and that is that Sufi music has universally influenced the world and has bridged the gap between both the Western world and the Islamic world. The renowned scholar‚ Seyyed Hossein Nasr quotes a man he deeply admires‚ Yehudi Menuhin‚ who said‚ “Sufi music is like ladder that connects the soul to Allah.” This ultimately shows the importance that music has on Sufism. In addition‚ Nasr
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the ordinary sense of the world‚ but also a complete code and system of life for any individual living in this world. While other religious preaching and practices provide general guidance only for the relationship between man and his Creator‚ Islamic teachings and methods guides man in his relations with ALLAH the Almighty and provide and guide them the norms which govern human beings temporary existence in this world. Islam take into account an individual’s political‚ social economic‚ moral
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Doctor: David Hampton March 27‚ 2008 Introduction to Islamic banking system Islam not only prohibits dealing in interest but also in liquor‚ pork‚ gambling‚ pornography and anything else‚ which the Shariah (Islamic Law) deems unlawful. Islamic banking is an instrument for the development of an Islamic economic order. Islamic banking‚ with 15 to 20% growth a year‚ has emerged as one of the vital pillars of the global economic system. Islamic financial institutions (IFI) are operating in over 75
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The British Empire was the largest the world had known. It was said “the sun never sets on the British Empire‚” as it was so large it covered all time zones. Britain had a small population and army so governing was done by inflicting a devastating military defeat on the conquered nation. The defeat was so great that would be no future resistance. It had the desired effect of scaring the locals into doing anything they could to maintain Britain’s favor. This kept the peace. Part of this would
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