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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Islamic views on evolution are diverse‚ ranging from theistic evolution to creationism. Muslims believe in a God as the Creator‚ as explained in the Qur’an. Throughout history some Muslim thinkers have proposed and accepted elements of the theory of evolution‚ while believing in the supremacy of God in the process. In modern times‚ some Muslims have rejected evolution‚ and teaching it is banned in some countries. The main problem with evolution for this particular group is that the Adamic descent of
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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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Islamic Teachings on Euthanasia; According to Islamic teachings‚ indirect and passive euthanasia are not considered ‘mercy killing’ and are therefore permitted. Indirect euthanasia is the heightened administration of a strong medication to relieve severe pain‚ despite it being known that the medication may end the patient’s life or shorten it. Indirect euthanasia is permissible under Islamic teachings as the intention of the medication was to reduce or stop pain with a known risk of hurried death
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Apa itu Ekonomi Islam? Professor Muhammad Anas Al -Zarqa 6 Ramadhan 1428 18 September 2007 Q.1. Apa itu Ekonomi? Ans.1. It is the social science that studies the production‚ distribution and consumption of goods and services. Ans.1. Ini adalah ilmu sosial yang mempelajari produksi‚ distribusi dan konsumsi barang dan jasa. Q.2 What is an Economic System? Q.2 Apakah yang dimaksud dengan Sistem Ekonomi? Ans.2. It is the set of goals rules and institutions that society prefers
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ISLAMIC BUSINESS ETHICS by Dr. Rafik Issa Beekun University of Nevada and Islamic Training Foundation November 01‚ 1996 Copyright © 1996‚ International Institute of Islamic Thought PO Box 669‚ Herndon‚ VA 20170 (703) 471-1133 Please do not reproduce or translate in any manner without the written permission of the International Institute of Islamic Thought Islamic Business Ethics Table of Contents DEFINING ETHICS FACTORS INFLUENCING ETHICAL BEHAVIOR IN ISLAM LEGAL INTERPRETATIONS
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DBQ: Ancient Greeks Contributions Essay The Ancient Greeks culture has made many wonderful contributions to Western civilization. The ancient Greeks affected our government‚ medics‚ and sports. The Greeks culture has had a very profound impact on the way people live nowadays. One thing that the ancient Greek affected western civilization is politics. It was the Greeks who developed a democracy‚ they were the very first. Pericles stated that he wanted all citizens to have an equal opportunity to
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LIBERTY UNIVERSITY ISLAMIC WORLDVIEW ANALYSIS A PAPER SUBMITTED TO JEFFREY ROBINSON IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE COURSE APOL 500 LIBERTY THEOLOGICAL SEMINARY BY JUSTIN HARTPENCE LYNCHBURG‚ VIRGINIA FRIDAY‚ FEBRUARY 24‚ 2012 Table of Contents Introduction .............................................................................................................................. 3 Islamic Worldview ..................................
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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 Flowering of the Islamic Empire Islamic Empire was one of the most powerful empires in the world. Islam began on the Arabian Peninsula. By the middle of the 8th century‚ Arab conquests had created the Muslim Empire. Spain‚ North Africa‚ western and central Asia ruled by the religion of Islam. Over the next 500 years‚ Islamic civilization flowered over this area. This large land empire united under Islam in the 700s to 1200s. Many advances were made in Islamic Empire; such as mathematics‚ art
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