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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Muslims believe the Qur’an to be the direct words of Allah‚ as revealed to and transmitted by the prophet (S.A.W). All sources of Islamic law must be essential agreement with the Quran‚ the most fundamental source of Islamic knowledge. When the Qur’an itself does not speak directly or in detail about certain subject‚ Muslims only then turn to alternative sources of Islamic law like ; the Sunnah‚ Ijma and Qiyas used by Muslims legal experts. Purpose of the Qur’an: "Had we sent down this Qur’an on a
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Art‚ in its simplest definition‚ is the creation of images or objects. Islamic art has throughout history been mainly abstract and floral‚ portraying geometric shapes or Arabesque and calligraphic designs because of the strict injunctions against the depiction of living things. Islamic Art as a whole is comprised of visual arts produced 7th century onwards. This term not only describes art made in the service of Islam or by Muslim artists‚ but also secular art originating from those lands which
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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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BASIS OF INCOME RECOGNITION FROM ISLAMIC PERSPECTIVE Yosita Nur Wirdayanti ABSTRACT This paper addresses the issue of basis of income recognition from Islamic perspective. In Islamic banks‚ income recognition is very important since it will determine amount of profit that will be distributed to depositors. Begin with accounting principles from Islamic perspective‚ this paper discusses the concept of accrual and cash basis and scholar opinion about this basis of accounting. Both accrual and cash
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earning machine working the entire day in order to satisfy the needs and wants of his/her family. This is what is called ’CHILD LABOUR’. There are various causes and effects of child labour. Eliminating child labour is one of the biggest challenges that the whole world is facing. Child labour includes working children who are below a certain minimum age. This practice is going on since long and is one of the worst forms of child exploitation. Child labour not only causes damage to a child’s physical
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----------------------- A PRIMA - FACIE CASE FOR ISLAMIC ACCOUNTING • Purpose Accounting : To permit informed decision which will enable scare resources to be allocated efficient to achieved ‘social welfare’. |Islamic |Conversational | |To achieve socio – |To meet needs of | |economic & religions|‘capitalist’ | |objective of Islamic|economy. | |Institution & | | |Muslims Users. | | |Provide holistic
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Islamic Culture Islamic Culture refers to the customs and traditions that Muslims have adopted in their respective countries including the Islamic / Muslim Clothing they wear‚ foods they eat‚ wedding traditions and other such aspects of their Islamic Life. The cornerstone of Islamic culture is morality (hayaa)and simplicity. Hayaa (morality / modesty) and simplicity are both qualities of Imaan. Thus the true Islamic society upholds the highest levels of morality and maintains simplicity in every
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Zomo@hotmail.com Many times when feminists looked at Islamic women they criticized the man for not treating women properly. However‚ as Jane I. Smith states‚ women of Islam are not really offended by that fact‚ on the contrary‚ they believe that it is better for them. The Holy Koran is the basis for the Islamic believers. It has many interpretations‚ however there are certain facts that are sure to be clear as to the position of women in an Islamic society. Koran did introduce very significant changes
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I ISLAMIC STUDIES ASSGIGNMENT Submitted BY:- Hassan Munir 110468 M.Suleman Hamza Anwar M.Hamza Mughal TOPIC:- Marriage in the light of QURAN and SUNAH Table of Content:- * Spouses * Whom to Marry * Mahr * Nikkah * Walima SPOUSES:- In Islam it is clear that marriage is the optimum lifestyle. “And among His signs is this‚ that He created for you wives from among yourselves‚ that you may find repose in them‚ and He has put between you affection and mercy. Verily
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