Vivek S. Kanojiya (78) 1 INTRODUCTION TO ISLAMIC BANKING Islamic Banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Shariah) .Shariah prohibits Riba. . i.e. interest free business. It is based on the Islamic economic system. It is not restricted to Muslims only. 2 EVOLUTION OF ISLAMIC BANKING Islamic banks are seen to involve themselves as financial intermediaries and investment oriented institutions in bringing
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Islamic Culture Overcoming Religious illiteracy This Article is one that shares on the topic of how many people are uneducated in Religion weather it be theirs or someone else’s. Moore says “Religious literacy entails the ability to discern and analyze the fundamental intersections of religion and social/political/cultural life through multiple lenses” therefor I agree with her statement there is a lot more to other Religions than meets the eye‚ which many people are not willing to learn which
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thoughtful ideas and bound us in the boundaries of ethics. Islamic Education is one of the best systems of education‚ which makes an ethical groomed person with all the qualities‚ which he/she should have as a human being. The Western world has created the wrong image of Islam in the world. They don’t know that our teachings are directly given to us from Allah‚ who is the creator of this world‚ through our Prophets. The students of an islamic school are well groomed‚ ethical‚ educated and best citizens
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Judeo-Christian line adhering to the same prophets • Two major branches with several sub-sects each • • • • Islamic Populations • With 1.6 Billion people‚ Islam is the worlds 2nd largest religion • Sizeable minorities in almost every country around the world History of Islam • Islam founded by Prophet Muhammad in 610 C.E. • Rapid growth through the Umayyad Caliphate 750 C.E. Islamic Schism With Muhammad’s death in 632 C.E. a dispute between his followers occurred. Most followed his Father
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these characteristics come together. The Islamic discourse is therefore the most genuine and truthful expression and translations of the characteristics of the Islamic society‚ and the civilizational identity of the Islamic world. A discourse cannot be Islamic unless it reflected the Islamic Ummah’s identity‚ defended its interests upheld its causes and mirrored its thought. The discourse must be genuine‚ truthful‚ honest‚ serving first and foremost the Islamic interests‚ moderate‚ fair‚ equitable
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ASSIGNMENT OF ISLAMIC ECONOMICS TOPIC ECONOMIC IMPLEMENTATION OF REDISTRIBUTIVE MEASURES OF ISLAMIC SOCIETY WITH REFERENCE TO PAKISTAN REDISTRIBUTION OF WEALTH Redistribution of wealth is
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Women in Islam Islamic Project ISL-100 Presented to: Presented by: Introduction Islam‚ as a religion‚ attaches great value and respect to women. The study of women in Islam reveals that there has been more than one occasion in the history of Islam where women have been given respect and the Muslim believers have been advised to respect women. It must be realized that Islam emerged from the time when there was widespread illiteracy and negligence in the case of women throughout. The birth
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The Number of Islamic Microfinance Institutions in Malaysia Should Be Increased. Table of Content Page 1.0 Abstract 2 2. Introduction 3 3. Argument 1 : Offer Syariah Compliant Finance 5 4. Argument 2: Increase the Performance of Islamic Banking and Finance 7 5. C. Argument: Risky and Costly to Implement Islamic Microfinance 9 6. Argument 3: Provide Financial Assistant for Low and Middle Income Groups. 11 7.0 Conclusion
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Empire or Emperor? An empire is a state‚ or political system that exercises coercive power over a population. Those with larger populations are more frequently labeled as empires. They conquer‚ rule‚ and extract resources from other states and peoples. Usually‚ empires encompass a considerable variety of peoples and cultures within a single political system. The negative things that come with an empire cannot be overlooked. Many empires are known by their violence‚ exploitation‚ oppression‚ cruel
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Islamic Economics Institution Of Bait-ul-Maal By Muhammad Adeel Mian Sajjad Naqwi Sec-H Presented to: Miss Tahseen Lahore School of Economics BAIT-UL-MAAL Introduction The bait-ul-maal is a unique institute which was established for the economic prosperity of the people. As we all know in the Islamic system of life sovereignty belongs to Allah and man is His vicegerent on earth. Similarly the same concept applies to Bait-ul-maal‚ where Allah is sole master of this treasury while the
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