Chapter 1 Introduction 1.1 Background Islamic legal principles regulate the conduct and content of commercial transactions in Islamic Banking. The most important of these principles is the prohibition of riba‚ any predetermined or fixed return in financial transactions. As stated in Quran: “Allah forbids riba and permits trade.” While there is much debate about the exact nature of this prohibition on riba‚ there exists a widespread perception that the ban on riba implies ban on interest
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Closing Ceremony Report | Closing Ceremony Report | | 1. Introduction………………………………………………………………………..3 2. Planning……………………………………………………………………………5 3.1 Outline………………………………………………………………………..5 3.2 Ideas………………………………………….......................................5 3.3 Details……………………………………………………………………….8 3. Estimated costs………………………………………………………………….11 4.4 Whole ceremony……………………………………………………………11 4.5 2 camps of Faculty of International Education…………………………13 4. SWOT analysis…………………………………………………………………
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Business and Social Science Vol. 3 No. 11; June 2012 Perception of Non-Muslims Customers towards Islamic Banks in Malaysia Abdul Aziz Abdullah Universiti Sultan Zainal Abidin Kuala Terengganu‚ Terengganu Malaysia Rokiah Sidek International Islamic University Malaysia Gombak‚ Kuala Lumpur Malaysia Ahmad Azrin Adnan Universiti Sultan Zainal Abidin Kuala Terengganu‚ Terengganu Malaysia Abstract Islamic banking products and services are gaining popularity among non-Muslims across the globe due to its
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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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Islamic architecture encompasses a wide range of both secular and religious styles from the foundation of Islam to the present day‚ influencing the design and construction of buildings and structures in Islamic culture. The principal Islamic architectural types are: the Mosque‚ the Tomb‚ the Palace and the Fort. From these four types‚ the vocabulary of Islamic architecture is derived and used for buildings of lesser importance such as public baths‚ fountains and domestic architecture. * 3.1 Persian
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govern the Japanese Tea Ceremony are harmony‚ respect‚ purity‚ and tranquility‚ which combine with what might be called the Zen aesthetic of emptiness to give the Tea Ceremony its distinctive feel. In Zen‚ everything which is not necessary is left out; this is as true of the mind as it is as of the physical setting. The spirit of austere simplicity pervades the Tea Ceremony. Each utensil has a specific purpose‚ and only those utensils which are necessary for the Ceremony are brought into the tea
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ABDULAZIZ UNIVERSITY Islamic Economics Research Centre ISLAMIC FINANCIAL INSTITUTIONS OF INDIA PROGRESS‚ PROBLEMS AND PROSPECTS Mohammad Ghous Ikhtiyaruddin Bagsiraj Scientific Publishing Centre King Abdulaziz University Jeddah‚ Saudi Arabia ISLAMIC FINANCIAL INSTITUTIONS OF INDIA PROGRESS‚ PROBLEMS AND PROSPECTS Mohammad Ghous Ikhtiyaruddin Bagsiraj Scientific Publishing Centre King Abdulaziz University P.O. Box 1540‚ Jeddah 21441 Saudi Arabia FOREWORD The Islamic financial services
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Islamic Art Islamic art is perhaps the most accessible manifestation of a complex civilization that often seems enigmatic to outsiders. Through its brilliant use of color and its superb balance between design and form‚ Islamic art creates an immediate visual impact. Its strong aesthetic appeal transcends distances in time and space‚ as well as differences in language‚ culture‚ and creed. Islamic art not only invites a closer look but also beckons the viewer to learn more. "The term Islamic
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Islamic Banking is a banking system that is based on the principles of Islamic law (also known Shariah) and guided by Islamic economics. The Islamic banking today has become most popular and reliable financial system in the world. The history and evolution of Islamic Banking dates back over 14 centuries ago to the origins of Islam when the Holy Quran was first revealed to Prophet Mohammed (PBUH)‚ hence encompassing a complete set of rules and regulations for all aspects of life put forth in
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TOPIC: Islamic Pottery Islamic Pottery Occupation Medieval Islamic pottery occupied a geographical position between Chinese ceramics and the pottery of the Byzantine Empire and Europe. For most of the period it can fairly be said to have been between the two in terms of aesthetic achievement and influence as well‚ borrowing from China and exporting to and influencing Byzantium and Europe. The use of drinking and eating vessels in gold and silver‚ the ideal in ancient Rome
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