6564‚ Dubai‚ United Arab Emirates Website: www.emiratesislamicbank.ae k 9 Annual Report 2009 Table of Contents Vision & Mission Boards’s Message CEO’s Message Board of Directors The Management Team Board of The Directors’ Report Fatwa and Sharia Supervisory Board’s Report The due Zakat on Shares Independent Auditors’ Report Consolidated Statement of Income Consolidated Statement of Comprehensive Income Consolidated Statement of Financial Position Consolidated Statement of Cash Flows Consolidated
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Introduction: This study provides an overview of Arab culture. It must be emphasized that there is no “one” Arab culture or society. The Arab world is full of rich and diverse communities‚ groups and cultures. Differences exist not only among countries‚ but within countries as well. It is impossible to talk about groups of people without generalizing. It then follows that it is hard to talk about the culture of a group without generalizing. This handbook attempts to be as accurate and specific
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According to Wikipedia the Funerals in Islam (called Janazah in Arabic) follow fairly specific rites‚ though they are subject to regional interpretation and variation in custom. In all cases‚ however‚ sharia (Islamic religious law) calls for burial of the body‚ preceded by a simple ritual involving bathing and shrouding the body‚ followed by salah (prayer). Cremation of the body is forbidden. Common islamic burial rituals include Bathing the dead body‚ except in extraordinary circumstances as in
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centuries are out of sync with time; this is why they feel so painful in the contemporary world‚ so uncomfortable with modernity. (Ramadan‚ Tariq (1999): “Radical Reform: Islam Ethics and Liberation”; Oxford University Press‚ Inc). But the reality is the Sharia or Islamic Law needs to be totally formulated. It is too deeply consolidate in medieval times and the Bedouin culture of ninth and tenth century Middle East. The relationship between Islam and the state needs to be rethought where state and the religion
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international convention adopted in 1979 by the United Nations General Assembly. Described as an international bill of rights for women‚ it came into force on 3 September 1981. The problem it poses is that Muslim states claim that CEDAW conflict with Sharia law. The Five Characteristics of Ethnic Groups: 1. Language/Dialect 2. Social Customs/Traditions 3. Religion 4. Physical Appearance 5. Region Lost Generation: generation whose delayed entry into the job market will leave them far behind. There
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working in Saudi Arabia. Saudi Arabia was an absolute monarchy until 1992‚ at which time the Saud royal family introduced the country ’s first constitution. The legal system is based on the sharia (Islamic law). Islam touches many aspects of society within Saudi Arabia. The country is governed on the basis of Sharia and great majorities of the population are Arabs who adhere to the Wahhabi sect of Islam. Islam shapes the values and rules concerning the appropriate way to behave and relate to family‚
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working hours‚ To my parents ‚my spouse‚ my sisters and my child Maryam. Contents Introduction Islamic finance – financial institutions and products designed to comply with the central tenets of Sharia (or Islamic law) – is one of the most rapidly growing segments of the global finance industry. Starting with the Dubai Islamic Bank in 1975 (and operations in the United Arab Emirates‚ Egypt‚ the Cayman Islands‚ Sudan‚ Lebanon‚ the Bahamas‚ Bosnia
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Diversity is not about how we differ. Diversity is about embracing one another’s uniqueness. -Olayinka Joseph What is a diverse society? A diverse society is where people of different races and cultural backgrounds come together to form a community. In most thriving societies‚ the community members are diverse such as Australia‚ Singapore and Canada. In this essay‚ I will discuss the advantages and disadvantages of diversity that will affect the society in terms of cultural
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Cultural Comparisons Paper #1 I decided to research Saudi Arabia because Saudi Arabia has been in the news a lot lately and I wanted to have a better understanding of the culture. There are a lot of stereotypes associated with Saudi Arabia and the Islam religion and I think that the best way to overlook these stereotypes is to learn more about the culture and gain an insider’s perspective. It is all too easy to judge a culture from the outside‚ but by becoming educated on the culture it may be
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Hausa Fulani emirate was the emir. The emirate was further divided into districts with a district head called Hakimi. The Hakimi appointed subordinate heads to head the villages. The supreme law of the emirate at that time was the Islamic laws or sharia law. In the Hausa-Fulani traditional political system‚ you will observe that the traditional system is hierarchical in nature and structure. It is usually headed by an Emir. The structure of the Hausa-Fulani political system goes thus: THE EMIR He
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