Chapter-01 Introduction 1.1 Background of the study The term “Islamic banking” refers to a system of banking or banking activity that is consistent with Islamic law (Sharia) principles and guided by Islamic economics. In particular, Islamic law prohibits usury, the collection and payment of interest, also commonly called rib in Islamic discourse. In addition, Islamic law prohibits investing in businesses that are considered unlawful, or haram (such as businesses that sell alcohol or pork, or
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Chapter-01 Introduction 1.1 Background of the study The term “Islamic banking” refers to a system of banking or banking activity that is consistent with Islamic law (Sharia) principles and guided by Islamic economics. In particular, Islamic law prohibits usury, the collection and payment of interest, also commonly called rib in Islamic discourse. In addition, Islamic law prohibits investing in businesses that are considered unlawful, or haram (such as businesses that sell alcohol or pork, or
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| | | | | |OS5310 | | |Assignment Number: |FP |Title: |Dubai Islamic Bank | | |Professor’s Name: |Dr. Mark Esposito | | |Due
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of Mudarabah & a new approach to equity financing in Islamic finance Shaikh, Salman Ahmed International Association of Islamic Banks 01. July 2011 Online at http://mpra.ub.uni-muenchen.de/19697/ MPRA Paper No. 19697, posted 19. September 2011 / 12:03 A Critical Analysis of Mudarabah & A New Approach to Equity Financing in Islamic Finance Journal of Islamic Banking & Finance, ISSN 1814-8042 By Salman Ahmed Shaikh Project Director, Islamic Economics Project islamiceconomicsproject@gmail.com
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spells out the rules and procedures and also decision making assistance on corporate affairs. By doing this, italso provides the structure through which the company’s objectives are set and the means of obtaining those objectives and monitoring performance. Corporate governance may be the ways of bringing the interests of investors and managers into line and ensuring that firms are run for the benefit of investors. Given the state of the economy of Pakistan in 2010, troubled as it is; ideally it
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Remittance Submitted To Islami Bank Training and Research Academy Submitted By: Name of the Student Md. Masud Yusuf Gazi Mohiuddin Ahmed Md. Rakibul Hasan Md. Deloar hossain Moheuddin Shadi Name of the University Ahsanullah University Of science and Technology Bangladesh Islami University Dafodil International University City University Bangladesh Islami University Date of Submission: 25.06.2012 Letter of Transmittal 25th June 2012 To Islami Bank Training and Research Academy Subject:
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• Dr Hussain Hamid Hassan (HHH), eminent scholar and chairman of many Islamic financial institutions • Dr Mohammad Daud Bakar (MDB), international scholar and founder and managing director of Amanie Islamic Finance Consultancy and Education; • Yousuf Talal DeLorenzo (YTD), leading US scholar; and • Dr Mohammad Akram Laldin (MAL), Executive Director, ISRA, Malaysia. Research is an important area in Islamic finance and you are well aware of the Funds-at-Work study, linking scholars
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Introduction Shariah principles are the foundation for the practice of Islamic finance through the observance of the tenets, conditions and principles espoused by Shariah. Comprehensive compliance with Shariah principles would bring confidence to the general public and the financial markets on the credibility of Islamic finance operations. Bank Negara Malaysia (the Bank) places great importance in ensuring that the overall Islamic financial system operates in accordance with Shariah principles. This
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BANK ISLAM BANK BERHAD CREDIT CARD A MARKETING PLAN MOHD HALIM RIDHAUDDIN BIN ABD MANAP ( 2013133609) ABD RAZAK BIN AWAB ( 2013519593 ) NOOR IDAYU BINTI OTHMAN ( 2013191665 ) HAFIZAH BINTI ABD WAHAB ( 201339929) MKT 750 : MARKETING MANAGEMENT GROUP EMBA12JB PM KAMEL TAUFIQ BIN ABDUL GHANI TABLE OF CONTENTS 1. | Executive Summary | | 2. | Company description | | 3. | Strategic focus and plan | | | * Mission | | | * Goals | | | * Competency and
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of the important organizations that banks should focus on is the “organizational culture”. As we know the organizational culture in general is about the values and behaviors that contribute to the unique social environment of an organization. An organization’s culture of a bank is the systematic way managers and employees, behave with each other. Dubai Islamic bank culture comes from an original institution that has shared the best of best of conventional Islamic value with the technology that characterize
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