to express our deepest appreciation to Mr Zainal Azhar Bin Zainal Azim who is our lecturer for Islamic Finance on giving us the opportunity to work on the assignment and providing us with lots of support and guidance which has helped us to complete the assignment on time. This assignment has brought us in making lots of research and we came across to acquire new things about Islamic Finance and Islamic banking specifically. Nevertheless‚ we would also like to thank our fellow classmates who
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INTRODUCTION TO ISLAMIC BANKING The term Islamic banking refers to a banking activity or a system of banking that is in consonance with the basic principles of Islamic Shariah (rules and values set by Islam). Islamic banking is also known as interest free banking system as the Shariah disallows the acceptance of “Riba” or interest rate for the accepting and lending of money. In Islamic banking system‚ a business that offers good interest rates or services is strictly prohibited and it
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3-1 Chapter Three: Research Methodology 3.1 Introduction The way in which research is conducted may be conceived of in terms of the research philosophy subscribed to‚ the research strategy employed and so the research instruments utilised (and perhaps developed) in the pursuit of a goal - the research objective(s) - and the quest for the solution of a problem - the research question. We have outlined our research question and research objectives in Chapter One. The purpose of this chapter
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NEED FOR THE IMPROVED TEACHING METHODOLOGY IN THE PRESENT DAY SCENARIO M. Venu Gopala Rao* Babita Jain Associate professor‚ Assistant Professor‚ Mechanical Engineering Electrical & Electronics Engineering G.V.P. COLLEGE OF ENGINEERING MADHURAWADA‚ VISAKHAPATNAM – 530
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The Principles of Islamic Accounting Definition and discussion of some accounting principles and how they are fit into Islamic framework to furnish an accounting system and procedures for Islamic Financial institutions will be considered here. The plan to study accounting principles From an Islamic perspective is to review these principles from the viewpoint of the Major Islamic principles which govern financial dealings and contracts‚ as mentioned In the Qur ’an. These are: 1- Realization
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Chapter 3 3.0 Methodology This methodology section of the research report describes how the study will be conducted and the methods used to collect and analyse the data. The overall aim of this methodology section is to provide an overview on the methods employed so that a judgment can be made as to how appropriate they are and how valid the data that has been generated is. Throughout the methodology process‚ it is imperative to remember the question this research is aiming to answer for:
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Research Report of Money and Banking Issues and Problems in Islamic Banking Abstract:- Three decades have passed since the first Islamic bank began its operations in MitGhamr‚ Egypt‚ and more than a decade has passed since the Islamic Republics ofIran and Pakistan adopted a non-interest-based financial system. Profit Loss Sharing (PLS) dominates the theoretical literature on Islamic finance. Broadly‚ PLS is a contractual arrangement between two or more transacting parties‚ which allows
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Islamic Extremists Nearly everyone has heard about Islam and the Arab world. In addition‚ many countries have already faced issues with the Muslim believers. Islam has caused problems‚ terrorist attacks‚ anti-democracy all over the world. They were also very successful in sending a message of who they truly are. People who are literally obedient to the Islamic faith are called Islamic Extremists. People‚ who are of the Islamic faith however desire to survive in peace without tribulations are not
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ERP Implémentation Méthodologies Paul Bruges A methodology is a roadmap to an implementation. The purpose of a methodology is to deliver an implementation on time‚ according to specifications and within budget. Most vendors‚ especially in the software industry‚ have developed their own methodologies. Consulting companies also developed their own methodologies in relation to a product. Vendors primarily use methodologies as a marketing tool in order to alleviate the fears of the upper management
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Creating a Methodology Course: Project Management (BUS 375) January 16‚ 2015 In John Compton’s Company‚ the issues that were in play which caused the lack of a Project Management methodology for years are due to the possibility that none of his executives had any knowledge or experience in project management. I also believe that fear was in play‚ maybe more than a few executives were afraid to let the other know that they did not have any knowledge or experience in project management and instead
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