1 Muslim Bank enters into Modaraba transaction with five Modarib‚ workout the transactions on prescribe format on the following terms: ➢ Ali Associates Rs.800‚000 cost@10%‚ Profit 40:60 proceeds Rs.810‚000 ➢ Scan Group Rs.700‚000 cost@7% Profit 35:65 Expected Proceeds 812‚000 ➢ Golden Spot Rs.600‚000 cost @8% profit 55:45 Proceeds Rs.770‚000 ➢ Karachi Electric Rs.400‚000 cost @9% profit 50:50 Proceeds Rs.578‚000 ➢ Sailor Services Rs.100‚000 @5% Profit 60:40 Proceed 55‚000. 2 Muslim
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Islamic Economics and Banking Title Fly Prepared For Kazi Md. Tariq Course Instructor School of Business Studies Course Code: MKT- Prepared By Sara Binte Shafi ID: 2007210000023 Najnin Aktar Nirjhar ID: 2007210000038 Alina Jaman ID: 2007210000065 Letter of Transmittal April 1‚ 2010 Kazi Md. Tariq Lecturer School of Business Studies Southeast University Dear Sir: Here is the assignment on “Islamic Economics and Bank”
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ISB 547 (Islamic Banking & Financial Services) Islamic Acceptance Bills Introduction Islamic Acceptance Bill is one of the Islamic financial instruments that are traded in Islamic Inter-bank Money Market. Islamic Acceptance Bills are traded based on Murabahah and Bay’ al Dayn concept similar to the other financial instruments such as Islamic mortgage bond and Islamic private debt securities. The Inter-bank Money Market‚ in turn‚ is the place where a set of activities
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DEVELOPMENT AND PERFORMANCE OF ISLAMIC BANKING IN PROSPECT OF BANGLADESH [2006 – 2008] ID: 1372 REPORT On DEVELOPMENT AND PERFORMANCE OF ISLAMIC BANKING PREPARED FOR: MR. ARAFAT RAHMAN Course instructor Institute of Business Administration Jahangirnagar University PREPARED BY: Md. Muntasir Billah ID: 1372 19th batch Institute of Business Administration Jahangirnagar University Letter of transmittal April 22‚ 2008 Mr. Arafat Rahman Assistant Professor Institute of
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A Critical Perspective on the Principles of Islamic Finance Focusing on Sharia Compliance and Arbitrage James M Garner* Abstract This essay is a comprehensive discussion of the crucial Islamic finance principles written within Sharia law that govern the sector. Riba (prohibition of interest) being the major and most widely known is central to the discussion. However‚ this essay deals with many other of the major financial principles‚ for instance Gharar (avoidance of excessive risk)‚ Maisir
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DERIVATIVES IN ISLAMIC FINANCE ANDREAS A. JOBST (forthcoming in Islamic Economic Studies‚ Vol. 15‚ No. 1) Paper presented at the International Conference on Islamic Capital Markets held in Jakarta‚ Indonesia during August 27-29‚ 2007 jointly organized by Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IDB)‚ Jeddah‚ Saudi Arabia‚ and Muamalat Institute‚ Jakarta‚ Indonesia. DERIVATIVES IN ISLAMIC FINANCE ANDREAS A. JOBST# ABSTRACT Despite their importance for
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The beginnings of Islamic art [edit] Before the dynasties It is quite difficult to distinguish the earliest Islamic objects from their predecessors in Sasanian and Byzantine art; in fact‚ they utilize the same techniques and the same motifs. There was‚ notably‚ a significant production of unglazed ceramics‚ witnessed by a famous small bowl preserved in the Louvre‚ whose inscription assures its attribution to the Islamic period. Vegetal motifs were the most important in these early productions
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Islamic teachings on abortion Muslims regard abortion as wrong and haram (forbidden)‚ but many accept that it may be permitted in certain cases. All schools of Muslim law accept that abortion is permitted if continuing the pregnancy would put the mother ’s life in real danger. This is the only reason accepted for abortion after 120 days of the pregnancy. Different schools of Muslim law hold different views on whether any other reasons for abortion are permitted‚ and at what stage of pregnancy
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INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA COURSE OUTLINE Kulliyyah / Institute Engineering Department / Centre Science in Engineering Programme All programmes Name of Course / Mode Engineering Ethics Safety and Environment /Full time Course Code GEN 4100 Name (s) of Academic staff / Instructor(s) Assoc. Prof. Dr. Abdi O. Shuriye Rationale for the Required course for all Engineering Programme inclusion of the course / module in the programme Semester and
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Hosein Email: ihosein@tstt.net.tt; inhosein@hotmail.com Website: www.imranhosein.org First Published 2011 SÕRAH AL-KAHF: Quartet of Books Volume 1: Sūrah al-Kahf: Text Translation and Modern Commentary; Volume 2: Sūrah al-Kahf and the Modern Age; Volume 3: An Islamic View of Gog and Magog in the Modern Age; Volume 4: Dajjāl the False Messiah or Antichrist. Published by Masjid Jāmi’ah‚ City of San Fernando. 70‚ Mucurapo Street‚ San Fernando. Trinidad and Tobago Printed in Kuala
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