The Use of the Majalla in Islamic Finance in Malaysia: A Preliminary Study Farid Sufian Shuaib, Prof. Dr. & Tajul Aris Ahmad Bustami, Asst. Prof. Dr. Faculty of Laws, International Islamic University Malaysia The Majalla or the Majalla al-Ahkam al-Adliyyah as codification of part of Islamic law covers wide ranging subjects including general principles of Islamic jurisprudence and legal rules on transactions. These principles are relevant to the practice of Islamic finance. It is an interesting
2. A general partnership is one of the partners have the ability to actively manage or control the business. That means every owner has an authority to make decisions about how the business is run as well as the authority to make legally binding decisions. Unless the partners have an organization assertion, each partner will have equal authority. Partners in a general partnership don't have any limit on their personal obligation for the debts of the business. This means that the partnership could
The Art of Sword in the Medieval Era The aim of this thesis is to study the arms and armor in the medieval era. The research is mostly concentrated on the Islamic and European country only. Research Questions 1. Does “Islamic” constitute a true category of arms and armor? 2. What are the differences and similarities between Islamic and European swords in the medieval era? 3. Are the weapon made in that era took on form over function or vice versa? 4. How and what influence the development of the
During the Islamic Golden Age, the House of Wisdom was a massive library, Academy for Arts and Sciences, and translation center. It flourished in the midst of the Abbasid caliphate at its capital, Baghdad (Al-Azzawi). The House of Wisdom was crucial to the rapid growth and advancement of Dar al-Islam. The power of intellectual ability through the House of Wisdom represented continuity and changes from the Umayyad and Persian rule as it was an impressive representation of the value of knowledge and
“Greetings, to all my friends. Today, I wish to shed some light on some important issues regarding your faith and my faith – the Islam Faith. You may have thought that I was your new Caliph, appointed by Allah to carry out jihad against anyone and everyone who stood in the way of the Caliphate. I hate to break the news to you, but I am not your Caliph, and, hopefully, your Caliphate will never occur.” “The Islam religion has become nothing more than a twisted mess of beliefs and misconceptions
Devices: A Comparison of The Song of Roland and The Fellowship of The Ring Historians generally agree that the Middle ages were a dark and brutal period in human history, yet ironically modern culture has become fixated on the epic fantasy genre revolving around the Middle ages. The Song of Roland and The Fellowship of the Ring both represent different viewpoints of the middle ages. The Song of Roland is an authentic medieval epic depicting a battle between Charlemagne’s army, led by Roland, against
the Middle Ages, organized religion played an major role in the history of Western Civilization. Religion extended its enormous power to the world and influenced not only governments but also every area of medieval society in three positive ways: beliefs of the people, education developments, and religious art establishment. Organized religion influenced over the beliefs of the people, and it also wielded even immense political power. The papacy was so powerful during the Middle Ages. The evidence
was also very well read in Islamic and Greek literature and he was also fluent in many languages such as Turkish, Arabic, Hebrew, Persian, Greek and Latin. By the age of twelve he was Sultan. By the age of twenty-one the Sultan Mehmed II had conquered the city of Constantinople, which brought an end to the Byzantine Empire. By the age of forty-nine Mehmet II had died. Mehmet II conquered all of Anatolia and also
One Nights, is a collection of folk tales and stories from various parts of Asia collected in Arabic during the Islamic Golden Age. 22. The Fatimid dynasty claimed to be Shi’ite Imams descended from Ali. They established themselves in Tunisia in 909, conquering Egypt in 969. 23. Anatolia became open to Turkish occupation after the Battle of Manzikert. The Seljuks faced the Byzantine army, ultimately dealing a fatal blow to the empire. 24. A mathematician and physicist named Ibn al-Haytham wrote more
During the period of Pax Romana, the Roman Empire was in a time of peace and prosperity. Beginning with the rule of Augustus Caesar in 27 B.C.E, Pax Romana lasted until 180 C.E. A decade later came the rule of Diocletian, and in attempt to make the empire easier to rule, he split it into two. Clearly, this tactic failed, and Constantine, the ruler after Diocletian, tried to unite the halves, but failed, as the Western Roman Empire was already declining. The Western Roman Empire fell for three main