This article recognises the potential importance of Islamic finance products in Australia, along with the current regulatory impediments preventing Australia from becoming a leader in the Asia-Pacific Islamic finance market. Taking into account the potential importance of, and impediments to, Islamic finance, this article highlights, through the historical development and contemporary state of ...

This article formulates a model of Islamic science, medicine, and bioethics, part of the ongoing inner-Islamic discourse on the positioning of Islam vis-a-vis the life sciences and bioethics as developed within a non-Islamic context. It investigates the Islam-and-science paradigm considering the Islamic categorization of the sciences, provides a working definition of Islamic science including m...

Islamic Art is the art of civilization based on Islamic religion. Moreover, it not only concerned with particular region or particular people rather it is a combination of different civilizations and historical circumstances as painted with Islamic weltanschauung. The Arab civilization is probably more important. Although the Arabs have little art and even then, they developed Islamic art with ...

objective: to review the current situation regarding prenatal diagnosis (pnd) in islamic countries. methods: a descriptive study (narrative review) has been done based on the available data in formal international and national published documents in 2013. the sources were papers, websites and electronic books. time limitation of searches has started 20 years ago. the main languages were english...

This paper presents a performance assessment of 88 Association of Southeast Asian Nations banks from 2010 to 2013, using an integrated three-stage approach on financial criteria that emulates the CAMELS rating system. More precisely, fuzzy analytic hierarchy process is used first to assess the relative weights of a number of criteria related to capital adequacy (C), asset quality (A), managemen...

A large literature contends that legal systems that adapt efficiently to meet the contracting needs of the economy foster financial sector development. The paper discusses the adaptability features of Islamic law related to commercial transactions (Islamic commercial law) in light of contemporary financial system. After discussing the nature and way the common and civil law traditions can evolv...

The Emergence of `Islamic Education Movement` is a response to the `secularization of education` faced by the ummah (muslim people) all over the world; in the sense that the `traditional Islamic Sciences` which are rooted in Islamic sources i.e. al-Qur’an (the Holy Book) and as-Sunnah (Tradition of the prophet) have been marginalized. Subsequently, Muslim scholars have made serious endeavors to...

Islamic finance has gripped the world with a strong fervor and passion. Interest in this discipline has proliferated to almost 60 countries, going beyond the Islamic world to the leading global financial centers. For quite sometime, United Kingdom has adopted an open door policy and provided a level playing field to Islamic finance and now Singapore is following its lead. Every day, Islamic fin...

There is a serious lack of empirical studies on Islamic banking. This paper attempts to fill that gap to some extent. Using data for the 1990-98 period, several hypotheses and common perceptions about the practice of Islamic banking have been tested. The performance of Islamic banks has been evaluated using both trend and ratio analyses. For this purpose, some objective “benchmarks” for various...

Islamic art is unique because its form and function permeate both distance and time. Since the birth of Islam, Muslim artists around the world have created pieces of art that share an uncanny resemblance to pieces created by other Muslim artists through common themes, appearances, and applications. These similarities include calligraphic elements, exaggerated depictions of plants and animals, a...