theories & concpet of entrepreneurship
... EIGHT PRINCIPLES OF THOUGHTS :1.Entrepreneurship is an integral parts of Islamic religion. 2.By virtue of human nature , the Moslem entrepreneurs are ‘khalifah’ and have the reponsibilities develop prosperity and sees business as part of ibadah or good ...
... EIGHT PRINCIPLES OF THOUGHTS :1.Entrepreneurship is an integral parts of Islamic religion. 2.By virtue of human nature , the Moslem entrepreneurs are ‘khalifah’ and have the reponsibilities develop prosperity and sees business as part of ibadah or good ...
GCE `O` LEVEL Pakistan Studies (2059) Paper 1 The History and
... figures such as Shah Wali Ullah to the spread of Islam before 1850. To reach a Level 4 mark, candidates had to ensure that they included the contribution of Shah Wali Ullah as well as other people since this was included in the stem of the question. The answer required candidates to explain the cont ...
... figures such as Shah Wali Ullah to the spread of Islam before 1850. To reach a Level 4 mark, candidates had to ensure that they included the contribution of Shah Wali Ullah as well as other people since this was included in the stem of the question. The answer required candidates to explain the cont ...
Poverty Alleviation Projects of Zakat Distribution
... Islam is belief and faith (iman) as well as submission in service (Islam); it is both assent of the heart (qalb) and mind (‘aql) confirmed by the tongue (lisan) as well as deed and work (‘amal); it is the harmonious relationship established between both the soul and the body; it is obedience and loy ...
... Islam is belief and faith (iman) as well as submission in service (Islam); it is both assent of the heart (qalb) and mind (‘aql) confirmed by the tongue (lisan) as well as deed and work (‘amal); it is the harmonious relationship established between both the soul and the body; it is obedience and loy ...
Malik, SJ, 2005, Agricultural Growth and Rural Poverty: Review of
... addresses various sectoral issues currently being faced by the economy. The first and the most critical problem highlighted concerns the protection of the poor. Other issues highlighted relate to education, healthcare, housing, taxation and energy. This paper discusses how the current account defici ...
... addresses various sectoral issues currently being faced by the economy. The first and the most critical problem highlighted concerns the protection of the poor. Other issues highlighted relate to education, healthcare, housing, taxation and energy. This paper discusses how the current account defici ...
A STUDY ON THE CORPORATE IMAGE OF ZAKAT INSTITUTIONS
... (Department of Statistics Malaysia, 2012). Islam is the official religion of the country, but other religions are free to be practised. As a majority Muslim country, Malaysia has established and pioneered the formation of various Islamic institutions, one of which is the zakat1 institution. The esta ...
... (Department of Statistics Malaysia, 2012). Islam is the official religion of the country, but other religions are free to be practised. As a majority Muslim country, Malaysia has established and pioneered the formation of various Islamic institutions, one of which is the zakat1 institution. The esta ...
alzakat "the poor due"
... Zakat is also of the conditions for the acceptance of the repentance of pagans. It is a condition for abstaining from waging war on them, as the Quran specifies: "But when the sacred months have passed, then fight and slay the idolaters where you find them, and seize them, beleaguer them, and lie in ...
... Zakat is also of the conditions for the acceptance of the repentance of pagans. It is a condition for abstaining from waging war on them, as the Quran specifies: "But when the sacred months have passed, then fight and slay the idolaters where you find them, and seize them, beleaguer them, and lie in ...
Download attachment
... The AAOIFI has issued the Financial Accounting Standard (FAS) No. 9 which specifically governs zakat accounting treatments for Islamic banking and financial institutions. The standard was adopted by the AAOIFI Board at its meeting of June 21-22, 1998, and effectively applied into practice from 1 Muh ...
... The AAOIFI has issued the Financial Accounting Standard (FAS) No. 9 which specifically governs zakat accounting treatments for Islamic banking and financial institutions. The standard was adopted by the AAOIFI Board at its meeting of June 21-22, 1998, and effectively applied into practice from 1 Muh ...
1 FISCAL POLICY IN AN ISLAMIC ECONOMYAND THE ROLE OF
... accordance to their richess, direct taxation is preferred to indirect taxation, and tax exemption should always be provided. Therefore the major tax base should be the personal income tax and the corporate income tax, Kahf(1998:535). Although the Zakat payment is a religious obligation, practically ...
... accordance to their richess, direct taxation is preferred to indirect taxation, and tax exemption should always be provided. Therefore the major tax base should be the personal income tax and the corporate income tax, Kahf(1998:535). Although the Zakat payment is a religious obligation, practically ...
Zakat and Poverty Alleviation - International Journal of Arts and
... On the other hand, Islam defines poverty based on an individual failure to fulfil any of the five basic human requirements of life that is based on MaqasidSyariah1: i) religion, ii) physical self, iii) knowledge, iv) dignity, and v) wealth (Hassan, 2010). Islam, being a religion of balance, views po ...
... On the other hand, Islam defines poverty based on an individual failure to fulfil any of the five basic human requirements of life that is based on MaqasidSyariah1: i) religion, ii) physical self, iii) knowledge, iv) dignity, and v) wealth (Hassan, 2010). Islam, being a religion of balance, views po ...
Hyder, Zulfiqar and Adil Mahboob, 2006, “Equilibrium Real Effective
... value of the rupee depreciated quite significantly after the adoption of the managed floating regime. During the 1990s, the value of the rupee was generally set in line with the inflation differential. In other words, the rupee had to be devalued to offset the adverse effect of domestic inflation on ...
... value of the rupee depreciated quite significantly after the adoption of the managed floating regime. During the 1990s, the value of the rupee was generally set in line with the inflation differential. In other words, the rupee had to be devalued to offset the adverse effect of domestic inflation on ...
- SlideBoom
... activities to defend and strengthen Islam. Ibnu Sabil - Refugees, homeless, Orphanage Muslim. Gharmin - Suffered many debt and unable to settle them. Riqab – Slave, after release from the owner. ...
... activities to defend and strengthen Islam. Ibnu Sabil - Refugees, homeless, Orphanage Muslim. Gharmin - Suffered many debt and unable to settle them. Riqab – Slave, after release from the owner. ...
A Broader Definition Of Riba - Pakistan Institute of Development
... narrowest definition of riba; it equates riba with usury, which is defined as an exorbitant rate of interest compounded at short intervals. Interest rate paid and charged by financial intermediaries, henceforth called bank interest, is considered to be outside the ambit of riba. The mainstream view ...
... narrowest definition of riba; it equates riba with usury, which is defined as an exorbitant rate of interest compounded at short intervals. Interest rate paid and charged by financial intermediaries, henceforth called bank interest, is considered to be outside the ambit of riba. The mainstream view ...
Faculty of Islamic Economics and Business
... companies whereby their business activities in accordance with the provisions of Islamic stocks regulated by National Shariah Board. Companies involved in JII must do not engaged with riba (interest), gharar (speculation), and maisyir (gambling) activities. Companies also required such filters crite ...
... companies whereby their business activities in accordance with the provisions of Islamic stocks regulated by National Shariah Board. Companies involved in JII must do not engaged with riba (interest), gharar (speculation), and maisyir (gambling) activities. Companies also required such filters crite ...
modern approach of zakat as an economic and social
... Abstract: The modern approach to zakat institution is a significant economic and social instrument for the poverty alleviation and stability of the Muslim ummah. This paper highlights a wider scope of understanding the term "Poverty" and discusses how zakat institution can play an important role to ...
... Abstract: The modern approach to zakat institution is a significant economic and social instrument for the poverty alleviation and stability of the Muslim ummah. This paper highlights a wider scope of understanding the term "Poverty" and discusses how zakat institution can play an important role to ...
A Sluggish Trend of National Savings and its Causes: The Case of
... remittances on savings and investment of the economy. Mishra (2005) in his study found that 1 % increase in remittances will mount investment by 0.6% of Gross Domestic Product in thirteen Caribbean countries. Balde (2010) investigated the macroeconomic impact of remittances on savings and investment ...
... remittances on savings and investment of the economy. Mishra (2005) in his study found that 1 % increase in remittances will mount investment by 0.6% of Gross Domestic Product in thirteen Caribbean countries. Balde (2010) investigated the macroeconomic impact of remittances on savings and investment ...
Public Defense Spending and Poverty in Pakistan.
... regimes, and the availability of financial resources to the government. Defense expenditure is generally considered burden on the economy as it utilises resources which could have been used on other development projects. The developing countries are rooted with poverty and heavy expenditure on milit ...
... regimes, and the availability of financial resources to the government. Defense expenditure is generally considered burden on the economy as it utilises resources which could have been used on other development projects. The developing countries are rooted with poverty and heavy expenditure on milit ...
`Just economy` and inclusive growth
... risks (gharar); and avoids transactions on sinful things (haram), such as pork, alcohol and gambling. With these tenets, Islamic banks observe profit and loss sharing, encourage entrepreneurship and promote social development activities. Some features of an Islamic bank are as follows: • It serves ...
... risks (gharar); and avoids transactions on sinful things (haram), such as pork, alcohol and gambling. With these tenets, Islamic banks observe profit and loss sharing, encourage entrepreneurship and promote social development activities. Some features of an Islamic bank are as follows: • It serves ...
This Paper - World Review of Business Research
... growth. Tax-to-GDP ratio remained low and was the key reason of fiscal deficits. Public debt both foreign and national, current account deficits, alarming inflation levels, fall in public sector investment, inadequate infrastructure, and persistently prevailing low social indicators dampened economi ...
... growth. Tax-to-GDP ratio remained low and was the key reason of fiscal deficits. Public debt both foreign and national, current account deficits, alarming inflation levels, fall in public sector investment, inadequate infrastructure, and persistently prevailing low social indicators dampened economi ...
Government Budget Deficits and the Development of the Bond
... arise in the political economics of fiscal policy, and evaluates Pakistan’s governance and regulatory environment in light of these theories and empirical evidence from other countries. Section IV discusses the linkages between fiscal deficits and the bond market, surveying the theoretical models an ...
... arise in the political economics of fiscal policy, and evaluates Pakistan’s governance and regulatory environment in light of these theories and empirical evidence from other countries. Section IV discusses the linkages between fiscal deficits and the bond market, surveying the theoretical models an ...
agricultural economics
... consist of eminent professors and researchers of relevant fields from public and private sector universities, R&D organizations, councils, industry and civil society by seeking nominations from their organizations. In order to impart quality education which is at par with international standards, HE ...
... consist of eminent professors and researchers of relevant fields from public and private sector universities, R&D organizations, councils, industry and civil society by seeking nominations from their organizations. In order to impart quality education which is at par with international standards, HE ...
Pakistan`s Debt Position and the Question of Debt Retirement
... been embezzled and misappropriated by different governments in the country. Quoting Mr. James Wolfensohn the President of IBRD, “to end poverty we must fight corruption. It is central to our mission. Corruption is a cancer in the body politic, a tax on the poor”. Pakistan’s ever increasing debt burd ...
... been embezzled and misappropriated by different governments in the country. Quoting Mr. James Wolfensohn the President of IBRD, “to end poverty we must fight corruption. It is central to our mission. Corruption is a cancer in the body politic, a tax on the poor”. Pakistan’s ever increasing debt burd ...
Q-Aslam - Lahore School of Economics
... has been embezzled and misappropriated by different governments in the country. Quoting Mr. James Wolfensohn the President of IBRD, “to end poverty we must fight corruption. It is central to our mission. Corruption is a cancer in the body politic, a tax on the poor”. Pakistan’s ever increasing debt ...
... has been embezzled and misappropriated by different governments in the country. Quoting Mr. James Wolfensohn the President of IBRD, “to end poverty we must fight corruption. It is central to our mission. Corruption is a cancer in the body politic, a tax on the poor”. Pakistan’s ever increasing debt ...
ZAKAT AND TAX - Just Unit Trust
... of Zakat that is obligatory upon the Muslims, and the favorable treatment of zakat paid to the State Zakat Authorities by the Inland Revenue Board of Malaysia. We start first with the charitable aspects of Zakat. Zakat is obligatory charity enjoined and structured by Allah. In Malaysia, there are ma ...
... of Zakat that is obligatory upon the Muslims, and the favorable treatment of zakat paid to the State Zakat Authorities by the Inland Revenue Board of Malaysia. We start first with the charitable aspects of Zakat. Zakat is obligatory charity enjoined and structured by Allah. In Malaysia, there are ma ...
an econometric estimation of traditional import demand function for
... It is essential for policy makers to understand that how imports react to changing economic conditions for the effective implementation of trade policies. It is generally believed that imports react more rapidly than exports to trade liberalization. Therefore, it is necessary to predict imports dema ...
... It is essential for policy makers to understand that how imports react to changing economic conditions for the effective implementation of trade policies. It is generally believed that imports react more rapidly than exports to trade liberalization. Therefore, it is necessary to predict imports dema ...
OP8Ibrahim
... In recent decades, economic theories of coups have gained some prominence. Although there is much disagreement among scholars on specific points, there has been some consensus that poor economic performance dramatically increases coup risk in a given state. These economic theories, however, have bee ...
... In recent decades, economic theories of coups have gained some prominence. Although there is much disagreement among scholars on specific points, there has been some consensus that poor economic performance dramatically increases coup risk in a given state. These economic theories, however, have bee ...
Islamic economics in Pakistan
The Islamization of the economy of Pakistan, refers to economic policies that started with General Muhammad Zia-ul-Haq's ""Islamisation"" programme. Under this programme, Pakistan was to begin bringing Pakistani society—including economic regulation, taxation, etc. -- in line with the principles of Sharia law. General Zia-ul-Haq signed and issued executive decrees on Zakāt (poor-due), Ushr (Tithe), elimination of mudarabah (profit-sharing), and perhaps most importantly, termination of riba (defined by activists as interest charged on loans and securities).Conceived in late 1977 and carried out during his reign, the programme came in response to an upsurge in Islamic activism, and the problems and controversies associated with the policies of Zia's predecessor, Prime Minister Zulfikar Ali Bhutto. Zia's stated intention was to ""eradicate the scourge of interest"" on loans and securities, and create an ""interest-free economy"". On January 1, 1980, approximately 7,000 interest-free counters were opened at all the nationalized commercial banks, making Pakistan the first country in the Muslim world with Islamic banking.However, in spite of the public support allegedly demonstrated for it (and other Islamisation policies) by the 1984 Islamisation referendum and the programme's initial gains and success, it failed to achieved international targets and to meet commercial interactions with other major international banks. Islamic activists were also displeased that Zia's ordinances and proclamations did not ban interest paying accounts.Zia's successors were not as active in their pursuit of Islamisation. While conservative Prime minister Nawaz Sharif publicly supported Islamisation, his economic policies focused on privatization and economic liberalization. Many Pakistani economists and business people worry that an attempt to impose an Islamic economy on Pakistan couldhave ""devastating economic, political, and social consequences for the country"", though others (such as governor of the State Bank of Pakistan, Ishrat Husain), have termed fears of Islamlisation ""absurd"" and based on Western stereotypes. Islamisation continued through the efforts of the Islamic courts Zia created, but the efforts of the activists on the Shariat Appellate Bench of the Supreme Court to ban interest came to naught when the government of Pervez Musharraf came to power and pressured a number of activist judges to retire.