Introduction to risk management In islamic financial institutions RZB4503 waad from the Shariah perspective Table of Contents Introduction 3 The definition of waad 3 Pillars of waad 4 Term‚ conditions and prohibitions of waad 5 The difference between waad and aqad 5 Scholars opinions 6 Applications and issues of waad in modern Islamic financial transactions and its importance 10 Effects of waad from Islamic financial institutions perspective 11 Conclusion 13 References
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Differences between Shiite and Sunni Islam Charles Rasmussen Grand Canyon University INT 463 Differences between Shiite and Sunni Islam Mohammed founded the religion around the seventh century in Medina‚ just north of Mecca. His religion was divided into two factions. The two branches that arose from his founding are the Sunni and the Shiites. This was due in part because Mohammed left no clear successor to fill his role as the sole leader. Ali‚ Mohammed’s son was finally named
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institutions. The community in medina who accepted this religion were called Muslims. Battle of Badr: The Battle of Badr was the first major fight between the Muslims and the Meccans. It began after Muhammad had intended to attack a caravan led by Abu Sufyan‚ which inside had all the property the Muslims could not take with them to Medina. The Muslim force only contributed of 305 men where as the Meccans were made up of about 1000 but according to the legend‚ Muhammad and his men got aid from angels
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Muhammad‚ whose full name was Abu al-Qasim Muhammad ibn ’Abd Allah ibn ’Abd al-Muttalib ibn Hashim‚ was born in Mecca around 570 AD after the death of his father‚ ’Abd Allah. Muhammad was at first under the care of his paternal grandfather‚ ’Abd al-Muttalib. Because the climate of Mecca was considered to be unhealthful‚ he was given as an infant to a wet nurse from a nomadic tribe and spent some time in the desert. At six‚ he lost his mother‚ Aminah of the clan of Zuhra‚ and at eight his
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Holy Prophet (PBUH) as Military Strategist Holy Prophet (PBUH) life is an ideal model for all mankind. Each and every action of Holy Prophet (PBUH) is a role model for an exemplary life. But Holy Prophet (PBUH) as war strategist is very important in this age. Holy Prophet (PBUH) took very wise and military strategist actions in his life to counter his enemies. Now in this dark era of Muslims history it is time of need that we should to take guidance from actions of Holy
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Holy Journey What would our world today be like without the Hijrah? The Hijrah‚ or also known as the Holy Journey‚ was the journey that Muhammad‚ the Islamic prophet and his followers‚ undertook from Mecca to Medina in 622 A.D. He was known to be the messenger of God. This migration changed the lives of many people because it helped shape the modern world of today and it had an impact on worldwide civilizations. The Prophet Muhammad was born in Mecca in the year 570 A.D. He is the founder of the
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| |Muslim army |Jews of Khaybar oasis | |Commanders and leaders | |Muhammad |al-Harith ibn Abu Zaynab†[citation| |Ali ibn Abi Talib |needed] | |Strength | |1‚600 |Khaybar | |
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The Reception of English Law In Malaysia. Introduction Malaysian legal history has been determined by events spanning a period of some six hundred years. Of these‚ three major periods were largely responsible for shaping the current Malaysia system. The first was the founding of the Malacca Sultanate at the beginning of the 15th century; second was the spread of Islam in the indigenous culture; and finally‚ and perhaps the most significant in modern Malaysia‚ was British colonial rule which brought
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As the 1991 Gulf War came to an end‚ another contention began to arise. The United Nations containment of Iraq was a success that led them to draw back from Iraq—yet still leaving Saddam Hussein as the Iraq leader. September 11‚ 2001 marks the day that thousands of Americans lost their lives‚ due to an attack schemed by Osama bin Laden. With the notion that Saddam Hussein had been fully involved with Osama bin Laden and an even stronger belief that Iraq had reconstituted its nuclear weapon program
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AN OVERVIEW OF PHILIPPINE CULTURE Introduction Before the coming of the Spaniards the Filipinos had a civilization of their own. The various aspects of this civilization doubtless came partly from the Malays who settled in the country and partly from a response to the new environment. The customs and traditions‚ the government and mode of living have‚ to a great extent‚ come down to the present and may be found in remote rural areas which have so far succeeded in resisting the impact
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