Islamic banking is a growing phenomenon which came into existence to satisfy the nan-cial needs of devout Muslims who observe the prohibition of interest-based transactions. Many economists have studied the macroeconomic properties of this institution in the framework of an isolated and ideal Islamic economy. In this age of integrated global nancial markets, the instantaneous transformation of ...

No doubt life in its all forms enjoys a very high status in Islam. Human life is one of the most sacred creatures of God. Therefore, it must be appreciated, respected and protected. In this regard, the paper refers to different parts. The first part studies the value of life in Islam. It helps to understand why life must be appreciated and respected. The second part sheds some light on the natu...

Hiroshi Murata, Linda M. Zangwill, Yuri Fujino, Masato Matsuura, Atsuya Miki, Kazunori Hirasawa, Masaki Tanito, Shiro Mizoue, Kazuhiko Mori, Katsuyoshi Suzuki, Takehiro Yamashita, Kenji Kashiwagi, Nobuyuki Shoji, and Ryo Asaoka Department of Ophthalmology, University of Tokyo Graduate School of Medicine, Tokyo, Japan Shiley Eye Institute Hamilton Glaucoma Center, University of California, San D...

Since the 1980s, Islamic scholars and medical experts have used the tools of Islamic law to formulate ethico-legal opinions on brain death. These assessments have varied in their determinations and remain controversial. Some juridical councils such as the Organization of Islamic Conferences' Islamic Fiqh Academy (OIC-IFA) equate brain death with cardiopulmonary death, while others such as the I...

I nterest in neuro-ophthalmology in France dates back to the 19th century with the publications by an ophthalmologist, Henri Parinaud, a collaborator of Jean-Martin Charcot in Paris. At that time, a physiologist, Claude Bernard, and a neurologist, Eugène Devic, participated in the description of various neuro-ophthalmologic syndromes. In the 1930s, academic neurologists in Paris, including Pier...

Contemporary research on investment behaviour in Islamic perspective, most of the time, finds it expedient to assume zero rate of time preference in an Islamic economy. The author argues that there is no justification for that. According to him, there is nothing against positive time preference or against realizing a time value of money in an Islamic framework, as long as time value of money is...

Authors Hans E. Grossniklaus MD, MBA, FCAP* Departments of Ophthalmology and Pathology, Emory University School of Medicine, Atlanta, Georgia Paul T. Finger MD Department of Ophthalmology, The New York Eye Cancer Center, New York, New York J. William Harbour MD Department of Ophthalmology, Washington University School of Medicine, St. Louis, Missouri Tero Kivëla MD Departments of Ophthalmology ...

Conventional credit card transactions are not consistent with Islamic principles, as exemplified by the Islamic banking system and the ‘Murabaha sale’. Thus, if Islamic principles are to be applied to e-commerce, where credit card transactions are the norm, a new and secure electronic payment process is required. In this paper we present a method for secure electronic Murabaha transactions. Aft...

This study is aimed at examining the long run and short run relationships between both Islamic and conventional financial development with the economic growth in the Bahrain dual financial system. Using quarterly data (2000:1-2010:4) retrieved from Monthly Statistical Bulletin of Central bank of Bahrain (CBB) and International Financial Statistics (IFS) of International Monetary Funds (IMF), th...

This study is aimed at investigating the dimensions of customer satisfaction in Indonesia Islamic banking industry and how those dimensions could affect the customers’ switching behavior. Data collection is done by using self administered questionnaire and involves as many as 732 Islamic bank customers from the area of Jakarta. The methods used in this study are factor analysis and logistic reg...