a r t i c l e i n f o The Dow Jones Islamic Market indices (DJIMI) are constructed by screening out stocks that are incompatible with Islam's prohibition of interest and certain lines of business. However, as a blunt instrument, the interest rate can affect discounted cash flows of any firm, even a firm with no financial leverage. This study reveals that the aggregate portfolio of Islamic stock...

This paper investigates the question of whether the phenomenon of Islamic finance who based on Shariah, or Islamic law is truly globalizing and spreading as a universal system of finance and banking. The paper also addresses various aspects of the globalization for Islamic finance, among other, the issue of the rise of Islamic banking in the world, Islamic jurisprudence and finance, global stan...

Islam spread rapidly after its founding, encompassing much of North Africa, the Middle East, and Southeast Asia. The art of this vast region draws its distinctive character both from Islam itself and from the diverse cultural traditions of the world’s Muslims. Because Islam discouraged the use of figurative images, particularly in religious contexts- unlike Christian art- Islamic artists develo...

it is near seventy years that the question of palestine and its occupation by the zionists has drawn attentions in iran. since the establishment of the zionist regime in palestine, many iranian politicians, intellectuals and even common people with various political backgrounds have paid attention to this question and have shaped several discourses in this regard. supporting the palestinian cau...

In this article the author explains the social role of Muslim woman in a postmodern society through a public symbol of her identity--the veil. The article's thesis is that the Muslim women's manifestation of their Islamic denomination through veiling and wearing appropriate clothes (in the case of men through growing beards and wearing clothes considered appropriate for them) signifies an expre...

The image of Roger Bacon as a 'modern' experimental scientist was propagated as historical truth in 19th century scientific historiography. Twentieth century criticisms attacked this tradition, arguing that Bacon was primarily a medieval philosopher with 'medieval' scientific interests. However, recent scholarship has provided a more careful and critical account of Bacon's science, and identifi...

This study explains the history, current problems, and future possibilities of Islamic insurance (takaful) in Bangladesh. To articulate these issues, the researcher has adopted the qualitative method, and data has been collected through secondary sources i.e. articles, books, and online resources. The study reveals that Islamic insurance in Bangladesh is regulated by the Insurance Act 2010 whic...

discussion about islamic culture and civilization and elements of its evolution and development is complex and needs comprehensive review. why and how islam emerged among arabs who in comparison with other nations had not enjoyed considerable background and civilization and could develop and unite them, is a basic issue and deserves a separate review. but the issue that development and evolutio...

1 M.Sc student, Science and Research Branch, Islamic Azad University, Tehran, Iran. 2 Department of Chemistry, Yazd Branch, Islamic Azad University, Yazd, Iran 3 Ph.D Student, Yazd Branch, Islamic Azad University, Yazd, Iran 4 Ph.D Student, Science and Research Branch, Islamic Azad University, Tehran, Iran. 5 Department of Chemistry, Science and Research Branch, Islamic Azad University, Tehran,...