Muslim-majority countries do not use formal financial services (Honohon 2007).1 Even when financial services are available, some people view conventional products as incompatible with the financial principles set forth in Islamic law. In recent years, some microfinance institutions (MFIs) have stepped in to service low-income Muslim clients who demand products consistent with Islamic financial ...

This paper aims to examine e-business from Islamic perspectives. Among topics to be addressed in this paper, are e-business concepts, the legality of e-business from an Islamic point of view, prospects and challenges of Islamic e-business in a Malaysia context. This study introduces an Islamic e-business concept in addition to some interesting issues that can be found in this paper. In Islam, e...

1.INTRODUCTION Modern designed buildings in the mamiluk and Fatimid part of Cairo represent an odd vision for the mere observer and the relevant visitor .This part of Cairo displays an array of historical cultures exhibiting the sequence of very outstanding and important episodes in the Islamic history of Egypt. The Children's Cancer Hospital near the River Nile at Cairo is a worldclass pediatr...

Islamic architecture has been a great influence on different parts of the world, even so there are some similar factors, but the aspect of culture will make the polarization between them. Upon the vast spread that Muslims had in the 7th century (A.D.) Islamic culture and belief moved in different continents from the Fareast parts of Asia to the west of the Mediterranean. At the beginning Islam ...

Conventional credit card transactions are not consistent with Islamic principles, as exemplified by the Islamic banking system and the ‘Murabaha sale’. On the other hand, EMV-compliant IC (Integrated Circuit) cards have been developed to secure traditional Point of Sale (POS) transactions. Thus, if Islamic principles are to be applied to card payments, a new and secure card payment process is r...

This paper highlights the contemporary issues related to credit risk in Islamic banking and Takaful (insurance). These two areas of the Islamic finance are facing several challenges that need to be highlighted. Both are witnessing a global and regional increase in demand and have bright future. In order to secure proper growth, it is essential to adopt proper strategies regarding credit risk ma...

This book investigates the central role of reason in Islamic intellectual life. Despite widespread characterization of Islam as a system of belief based only on revelation, JohnWalbridge argues that rational methods, not fundamentalism, have characterized Islamic law, philosophy, theology, and education since the medieval period. His research demonstrates that this medieval Islamic rational tra...

The objectives of the study are to describe, understand and analyze Islamic religious educational culture at PZH Genggong which includes: values ​​and customs Genggong; stages adaptation process by new santri in Multicultural Education model on Genggong. In this used a qualitative approach with ethnographic methods. Data collection was carried out through participant observation, in-depth inter...

Islamic banking is one the most blossoming doctrine in economic system of the world. The Fast growing awareness about Islamic financial system has brought strong feeling to Muslims to confront the western interest-based economic cycle. The Islamic economic system is emerging as a reliable alternative to the interest based system. This study is proposed to ascertain the motivational factors enco...