These Short Essays are partial fulfillment of Paper IE1001 of Part 1 of Certified Islamic Finance Professional (CIFP) [DRAFT V0.5] INCEIF Student Name: Mustafa Aydemir Student ID: 1200279 IE1001 Assignment in Islamic Economics - Short Essay No 3 by Mustafa Aydemir - DRAFT Version 0.5.doc -1- Bismillahirrahmanirrahim Essay No. (3) Money and Islam - A Medium of Exchange and a Unit of Account versus Money as a Commodity Everybody is using money. Most of us want it; we work for it and think
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mind is incomplete This importance of education is basically for two reasons. Education makes man a right thinker. The second reason is that man is enabled to receive information from the external world. This is why the Muslims were ordered by Allah and his messenger to seek knowledge. The holy Qur’an frequently uses the word ‘ilm’ which means knowledge. Islam attaches such great importance to knowledge and education. The first revelation of the holy Qur’an was ’Iqra’ that is READ. The word
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Experiencing childhood in two unique cultures can be really tough particularly when you’re young. you feel the need to pick one and more often than not are compelled to act differently on account of who you hang around‚ but as you get older you begin to see the advantages of having two which permits you to pick and chose. I am Somali and grew up in a Somali household and my people with regards to family vary all that much from the traditional American family. family is very important to the Somali
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means all Muslims are obliged to perform ‘ibadah to seek pleasure from Allah as stated in the Quran‚ “That to your Lord is the final Goal;” [53:42]. By performing ‘ibadah‚ all muslims will be conscious about their duties in this world and prevent themselves from being egoistic. Next‚ these aspects also cover the godliness of the divine source and methodology. Islam emphasizes the clear method which is based on the revelation from Allah which shows that Islam is a comprehensive religion compared to other
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Characteristics of African religion A Supreme being: Throughout most of Africa there is belief of a supreme being‚ described by one or more names‚ either in terms of activities or place of abode. African people relate to or worship God through praying‚ singing and dancing‚ making sacrificial offerings‚ dedications and invoking blessings. In many respects‚ the attitude given toward the supreme creator resembles the respect given to African rulers. According to African tradition certain procedures
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Differences in Business Practices in Islamic Countries Compared to the United States Timothy D Bell University of the Incarnate Word Abstract The purpose of this paper is to give professionals working in Islamic countries a better understanding of the business system in those countries. The Islamic world may be complex as its 1.3 billion people‚ but there is one rule is straightforward for all Westerners and should never
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without foundation (absurd). Many people have erroneous beliefs regarding this month i.e. it is a month of misfortune and calamities. The teachings of Allâh (swt) and His beloved prophet Hazrat Mohammed (saw) gives us clear guidelines on such incorrect beliefs. Allâh (swt) says in the Qur’ân: "No kind of calamity can occur‚ except by the will of Allâh". (Surah 64-Ayat 11). These erroneous beliefs have also been condemned in the context of the following Ahâdîth: 1. There is no superstitious owl
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that of the Unity and Supreme Sovereignty of Allah‚ the Almighty‚ the Everpresent‚ the Everlasting‚ the All-knowing. Allah is Just. He sent prophets to convey His message. He ordained a Day of Judgement when the deeds of His creatures will be measured and rewarded or punished accordingly. Belief in Allah‚ therefore‚ entails belief in all of the above. Islam is the last divine religion and Prophet Muhammad is the last Messenger of Allah. In Islam‚ Allah has encompassed all His commandments and decrees
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heavy rain Which then leaves it as bare stone; Nothing which they earned is of any avail.” (Al-Baqara: 264) The Holy prophet said about the Zakat that: “I have been commanded to fight against people till they testify that there is no god but Allah‚ and they establish prayer and pay Zakat and if they do it‚ then blood and property are guaranteed protection on my behalf and their
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God. This is what a Muslim is and does‚ submit to God or Allah as Muslims call him. This is a religion that
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