INTRODUCTION Islamic finance system has its basis in great Islamic value. It is Riba-free system ( Riba means interest) which ensures the abolition of profit-sharing from the whole financial system. Islamic Finance System (IFS) can be categorized with absence of ‚ Interest based transactions Interest based financial institution Unethical and doubtful transactions Companies’ stocks involved in unlawful activities Market manipulation And so on and so forth. Islamic Financial System is opposite of Conventional
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………………..33 Chapter 1 Introduction and History 1.1) Introduction Thirty years ago‚ Dubai Islamic Bank ( ’DIB ’) created history by becoming the world ’s first Islamic Bank. Today‚ Islamic banking has become one of the fastest growing economic sectors with over 300 financial institutions‚ with assets estimated at over US $300 billion providing Islamic financial services. Despite huge growth in the sector DIB continues to be the industry pioneer and undisputed market leader
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legally binding contract formation between Iris (“the offeror”) before deciding on the likely outcomes for the parties. A proper contract constitutes an offer‚ an acceptance‚ the provision of a consideration of value and parties’ intention to legal relations. There was no depute as to the presence of a valid offer because Iris did indeed make an offer to sell the piano for a specific price and its terms i.e. keeping the offer open for Diana till noon on Saturday‚ were communicated to Diana. In return
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Fundamentals of Nursing- Theory hours: 90 Clinical hrs: 325 1. Introduction to Nursing: - Meaning of nursing - Definitions of nursing - Scope of nursing - Role of a nurse - Health Team - Aims of nursing in the hospital and community 2. Nursing Profession - Nursing as a profession - Professional adjustment - Qualities of a nurse - Ethics in nursing 3. History of Nursing - Ancient period - Middle period - Modern
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CTU351 INDIVIDUAL ASSIGNMENT RHB Islamic Banking NAME : ATIQAH BT NORDIN SECTION : 12.6.21 COURSE : BM112 LECTURER’S NAME : USTAZAH ZURAIDAH ACKNOWLEDGEMENT I admit that this is the result of my own work or effort Date : 3 JULY 2013 ( _____________________) ATIQAH BT NORDIN
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is important to change the society’s belief that women have no primary influence over development. This is because the responsibility of developing generations and societies do not only fall on the shoulder of the men but it also requires the help and support from the women. Women are an important component that complements the society and country. In Malaysia‚ the credibility of a woman to be a leader of an organization is often taken lightly by men. In holding a high position‚ as a result of exaggerated
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248 THE FUTURE OF ISLAMIC ECONOMICS Muhammad Akram Khan In view of the economic problems of the present age and the inability of neoclassical economics to analyse them and suggest acceptable solutions‚ Islamic economics holds promise for the future. This article consists of four parts. The first introduces the Islamic worldview and economic objectives of Islam. The second part argues that only Islamic economics has the potential to respond to the economic problems of the future. Part three sheds
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Islamic Banking: Problems and Prospects | | |Islamic Banking | |Before I discuss about the problems and prospects of Islamic Banking‚ I am discussing some primary issues such as definition‚ | |objective and history of modern Islamic banking. | |Definition:
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The navigational innovations during the Islamic Golden Age were not only the effect of the many scientific innovations of that time‚ but the increased connectivity among different societies allowed technology to advance even further. Whether it was improved maps or the widespread use of the compass‚ this time fostered many crucial inventions in navigational history. Additionally‚ many important historical navigators came from this time. One of these men was Piri Reis‚ the author of the Kitab-i-Bahriye
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CHAPTER ONE RELEVANCE DEFINITION AND METHODOLOGY OF ISLAMIC ECONOMICS Dr. MONZER KAHF This chapter consists of four Sections or sub-chapters. They deal respectively with the issues of relevance‚ definition‚ and methodology of Islamic economics and with its relationship with other branches of knowledge. Section One examines the issue of the relevance of Islamic economics from different angles. First‚ it will discuss the relevance of economics to religion in general and Islam in specific
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