What are the impacts of the global financial crisis on Islamic banking system and how Islamic bank spared from the crisis? Accounting Master ’s thesis Salad Addawe 2012 Department of Accounting Aalto University School of Economics i What are the impacts of the global financial crisis on Islamic banking system and how Islamic bank spared from the crisis? Master’s Thesis Salad Araye Addawe Winter 2012 Accounting Approved in the Department of
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My opinion about Islamic finance is when all the transaction not only in banking but in business too‚ that occur must be in accordance with the law of Al-Quran‚ Hadith and Al-Sunnah. It also related with halal and non-halal transaction. In general‚ Islamic finance is defined as a banking system which uses the Syariah as a rule. This means that all operations of the Islamic bank transaction involving either deposit or financing‚ must be based on Syariah principle. These laws forbid to giving and receiving
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Difference Between Enlightenment and Romanticism Enlightenment and Romanticism are two aspects of literature in which the thinkers contributed according to their school of thought. Writers that contributed to romanticism are called as romantics. On the other hand‚ writers that contributed to enlightenment are called as enlightenment thinkers. Romantics gave more importance to intense emotion in their works. On the other hand‚ the enlightenment thinkers did not give that much importance to intense
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Characteristics of Gothic churches and cathedrals In Gothic architecture‚ a unique combination of existing technologies established the emergence of a new building style. Those technologies were the ogival or pointed arch‚ the ribbed vault‚ and the flying buttress. The Gothic style‚ when applied to an ecclesiastical building‚ emphasizes verticality and light. This appearance was achieved by the development of certain architectural features‚ which together provided an engineering solution. The structural
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Christians and Muslims had strong views on trade‚ and both views changed slightly over time. In both cultures‚ the virtue of fair and honest trade was always highly coveted. Christian views were originally very harsh and critical against merchants‚ though over time they recognized the importance of trade to the economy‚ and accepted it as long as it was an honorable transaction. On the other hand‚ Muslims always accepted trade as long as both the merchant and consumer were both honest. The missing
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The Difference Between Religion and Spirituality Rebecca M. Sherman University of California‚ Davis Abstract This paper draws from six published works that deal with psychological and scholarly research on religion and spirituality. The works vary in their definitions and use of the concepts and terminology of religion and spirituality. Hood et al. (2009) suggest that that social scientists have traditionally been able to make a distinction between religion and spirituality in their research
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Chandigarh Master Plan – 2031 Draft 7. COMMERCIAL AREAS IN CHANDIGARH 7.1 INTRODUCTION Commercial areas in Chandigarh were planned to provide adequate‚ organized retail and wholesale trading activity for the city residents. The city has however emerged as a important commercial hub. A concept of hierarchical distribution of commercial centers was introduced into the city plan as a departure from the organic developments of the traditional towns. To provide a continuum of commercial
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roughly into the respective left and right wings‚ the first being that calls for more intergovernmental‚ control and state support‚ while the second defends least these three elements. A lot of people believe that there is a profound philosophical difference between Republicans and Democrats. The Republicans say that "everyone for their part‚" while the Democrats say "we are all in this together." Do you think that everyone should "gamble" by their efforts‚ without "government interference"? That’s
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University Abstract This paper includes the explanation and history of Darwinism and basic principles of Natural Selection. It will cover different aspects of Creationism. This paper will show the differences between Darwinism‚ and Creationism and discuss recent court battles within the United States between the two theories. The Battle of Creationism verses Darwinism The question‚ “Where did humans come from?” has plagued the earth for as long as humanly recorded. There are many theories that
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business firms‚ and their primary aim is to make profits. These are financial institutions that bridge the gap between surplus and deficits units. They accept funds from the public and place them into current‚ savings or fixed deposit accounts. The lenders earn interest on their investment. Banks also grant loans to needy people and the latter pays a rate of interest to the institutions. The difference in the borrowers’ and the lenders’ interest rates is the profit of the bank. 2. Creditworthiness of
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