Boom! Boom!! Boom!!! Its the sound of blasts and lives lost. Echo sounding with madrigal of terror, horror and of sorrow. Such melody of souls sprouting out of bodies. Blood! Blood!! Blood!!! A dreadful fluid of the dead and the almost dead. Swingeing in rage and languishing in anguish languidly. Tears! Tears!! Tears!!! A fluid of untold sorrow and agony unbearable. Gushing out of the broken eyes of the bereaved. Tales of gruesome evidence of human sacrifice and the grimy task of burying a plethora of bodies whose souls were separated. Measures of satisfaction derived by the scary shadows of human figure and the hypothetical protectors. Macabre; the plague taking over my Home of Peace, where dogs with serrated gnashing teeth are chasing and eating lions. An artificial curse, by the selfish brats with their deciet in camouflagry and their vile torturism of innocent civilians. Breaking, eking, and aching for the silence only the guns of these brats could bring.
This book analyzes Africa's unprecedented economic growth, the state of its financial sector, and the varied opportunities for Islamic finance investors. It considers the role - potential and realized - of Islamic finance in fostering financial inclusion in areas such as banking, microfinance, capital market development, insurance, and private equity business. The book stresses that investing in Africa through Islamic finance will open new markets, ensure higher profit margins, diversify risk, and create business competition; and that these changes that will provide financial products that can satisfying the desires and beliefs of all consumers and unlock the real potential of the continent's financial system. The book also looks into the rise of international interest in Africa and concludes by scrutinizing the challenges impeding further economic growth, as well as the specific barriers that need to be addressed in order to promote the implementation of Islamic finance. Investors, policymakers, and academics ready to confront these challenges will find much of value in this book.
The book discusses the Sukūk market, its developments, and the legal, Sharī‘ah, risks, and rating issues facing Sukūk. Securitisation as the best way forward for Sukūk structuring is emphasized and issues such as Sukūk listing, Sukūk index and Sukūk fund are highlighted.
This study addresses derivatives instruments in Islamic finance. It highlights the benefits of these instruments, their legal aspects and the appropriate alternatives. The forward, futures and options contracts in commodity markets are discussed and the arguments in favour of and against these instruments examined. The forward contracts issue includes the possibility of trading gold in forward basis, the forward market for currencies and the possible alternative to manage related risks. With the examination of futures contracts, the main arguments against such a contract are addressed, for example the sale prior to taking possession and the sale of debt hedging and speculation. The study proposes "khiyar al-shart" and "bay al-arbun" as tools of risk management and alternatives to options. The sale of pure rights is at the center of the admissibility of options in Islamic law and is investigated comprehensively.
Boom! Boom!! Boom!!! Its the sound of blasts and lives lost. Echo sounding with madrigal of terror, horror and of sorrow. Such melody of souls sprouting out of bodies. Blood! Blood!! Blood!!! A dreadful fluid of the dead and the almost dead. Swingeing in rage and languishing in anguish languidly. Tears! Tears!! Tears!!! A fluid of untold sorrow and agony unbearable. Gushing out of the broken eyes of the bereaved. Tales of gruesome evidence of human sacrifice and the grimy task of burying a plethora of bodies whose souls were separated. Measures of satisfaction derived by the scary shadows of human figure and the hypothetical protectors. Macabre; the plague taking over my Home of Peace, where dogs with serrated gnashing teeth are chasing and eating lions. An artificial curse, by the selfish brats with their deciet in camouflagry and their vile torturism of innocent civilians. Breaking, eking, and aching for the silence only the guns of these brats could bring.
Gain insight into the unique risk management challenges within the Islamic banking system Risk Management for Islamic Banks: Recent Developments from Asia and the Middle East analyzes risk management strategies in Islamic banking, presented from the perspectives of different banking institutions. Using comprehensive global case studies, the book details the risks involving various banking institutions in Indonesia, Malaysia, UAE, Bahrain, Pakistan, and Saudi Arabia, pointing out the different management strategies that arise as a result of Islamic banking practices. Readers gain insight into risk management as a comprehensive system, and a process of interlinked continuous cycles that integrate into every business activity within Islamic banks. The unique processes inherent in Islamic banking bring about complex risks not experienced by traditional banks. From Shariah compliance, to equity participation contracts, to complicated sale contracts, Islamic banks face unique market risks. Risk Management for Islamic Banks covers the creation of an appropriate risk management environment, as well as a stage-based implementation strategy that includes risk identification, measurement, mitigation, monitoring, controlling, and reporting. The book begins with a discussion of the philosophy of risk management, then delves deeper into the issue with topics like: Risk management as an integrated system The history, framework, and process of risk management in Islamic banking Financing, operational, investment, and market risk Shariah compliance and associated risk The book also discusses the future potential and challenges of Islamic banking, and outlines the risk management pathway. As an examination of the wisdom, knowledge, and ideal practice of Islamic banking, Risk Management for Islamic Banks contains valuable insights for those active in the Islamic market.
The Ansaru Allah Community, also known as the Nubian Islamic Hebrews (AAC/NIH) and later the Nuwaubians, is a deeply significant and controversial African American Muslim movement. Founded in Brooklyn in the 1960s, it spread through the prolific production and dissemination of literature and lecture tapes and became famous for continuously reinventing its belief system. In this book, Michael Muhammad Knight studies the development of AAC/NIH discourse over a period of thirty years, tracing a surprising consistency behind a facade of serial reinvention. It is popularly believed that the AAC/NIH community abandoned Islam for Black Israelite religion, UFO religion, and Egyptosophy. However, Knight sees coherence in AAC/NIH media, explaining how, in reality, the community taught that the Prophet Muhammad was a Hebrew who adhered to Israelite law; Muhammad’s heavenly ascension took place on a spaceship; and Abraham enlisted the help of a pharaonic regime to genetically engineer pigs as food for white people. Against narratives that treat the AAC/NIH community as a postmodernist deconstruction of religious categories, Knight demonstrates that AAC/NIH discourse is most productively framed within a broader African American metaphysical history in which boundaries between traditions remain quite permeable. Unexpected and engrossing, Metaphysical Africa brings to light points of intersection between communities and traditions often regarded as separate and distinct. In doing so, it helps move the field of religious studies beyond conventional categories of “orthodoxy” and “heterodoxy,” challenging assumptions that inform not only the study of this particular religious community but also the field at large.
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.