The emergence of strong Islamic movements in last three decades has generated a renewed interest in Islamic economics, especially in Islamic interest free banking. Currently Islamic bank strategically offering high quality products and services to satisfy their customers due to the strong competition, customer expectation for high quality services and rapidly changes of technology. The purpose ...

Islamic finance in Australia has witnessed the rapid growth since it was first introduced in 1989 with the Muslim Community Cooperative Australia (MCCA). The operation of Islamic Financial Services Providers in Australia is still subject to basically the same laws and regulations as their conventional counterparts and applies the same conventional interest-based framework for regulatory and sup...

In this paper we utilize an efficient sparse inverse covariance matrix (precision matrix) estimation technique to identify a set of highly correlated discriminative perspectives between radical and counter-radical Islamic organizations. We develop a ranking system that utilizes ranked perspectives to map Islamic organizations on a set of socio-cultural, political and behavioral scales based on ...

1. the common image of tourism in iran, in high-level samples, is a guide that provides explanations about a building’s popularity among the spaces of a historical collection: construction year, regency, sizes, number of important components, general style and interesting stories that create a mysterious visage of the complex. the tourist however, after returning, forgets about the initial data...

1Department of Embryology; 3Department of Health, Golestan University of Medical Sciences, Gorgan, Islamic Republic of Iran (Correspondence to M.J. Golalipour: [email protected]). 2Department of Paediatrics, Babol University of Medical Sciences, Babol, Islamic Republic of Iran. ABSTRACT This study recorded the rate of congenital malformations in 10 000 births at a referral hospital in Gorg...

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...

BACKGROUND Deterministic thinking is one of the major cognitive distortions. This type of thinking ignores any possibility in making a conclusion about events. Any consequence of an event may be thought as: 2×2= 4. Equality is a dominant factor among all conclusions of this kind of distortion. Distortion emerges in cognitive rigidity in the mind and could be the source of all distortions. Cogni...

Islamic Finance is more than an asset class – it is a way of life lived by 1.6 billion Muslims around the world. But its reach goes even further – non-Islamic countries, governments, and businesses, have all invested in or issued Islamic securities for one reason or another. With the ongoing push of globalization of trade and finance, Islamic financial flows, long a localized phenomenon, have b...