extended abstract 1. introduction iran's islamic revolution that was initially started after the coup of 1932 (1955 ad), during the 25 years until 1979, in terms of formation, persistence, and practical and ideological leadership took a direction that major revolutions of 19th and 20th centuries fail to take. these revolutions believed that any change out of their framework was simply impossibl...

a r t i c l e i n f o The Dow Jones Islamic Market indices (DJIMI) are constructed by screening out stocks that are incompatible with Islam's prohibition of interest and certain lines of business. However, as a blunt instrument, the interest rate can affect discounted cash flows of any firm, even a firm with no financial leverage. This study reveals that the aggregate portfolio of Islamic stock...

in the process of modernization, traditional dress is usually the first issue which changes in traditional societies. undoubtedly, western societies, benefiting from their worldwide cultural industry, are leading the globe to a great uniformity which peoples’ dress is one of its apparent out comes. today, in our society emergence of west culture through the process of globalization on one hand,...

This paper investigates the question of whether the phenomenon of Islamic finance who based on Shariah, or Islamic law is truly globalizing and spreading as a universal system of finance and banking. The paper also addresses various aspects of the globalization for Islamic finance, among other, the issue of the rise of Islamic banking in the world, Islamic jurisprudence and finance, global stan...

This study analyzes the conception of gharar , which is generally translated as either risk or uncertainty, in post-formative Islamic commercial law. According to Muslim jurists, gharar arises from uncertainty in commercial transactions. However, unlike other areas of the Islamic intellectual tradition in which uncertainty engenders errors, the uncertainty associated with gharar enables jurists...

The growing number and diversity of Muslims in the United States and Western Europe challenge clinicians and researchers to understand this population's perspectives and experiences regarding health and biomedicine. For information about Muslim patient populations, clinicians and researchers routinely consult medical literature. To examine how this literature portrays Muslims, we conducted an e...

In diasporic literature the question of identity is tangled with the question of history. This study aims at discussing how Yasmin Crowther reviews the Persian tradition in The Saffron Kitchen, her autobiographical novel which is mainly set-in early 60s, Iran. The novel focuses on evoking and rewriting history by using different types of counter narratives that contrast with Iranian hegemonic d...

This study explains the history, current problems, and future possibilities of Islamic insurance (takaful) in Bangladesh. To articulate these issues, the researcher has adopted the qualitative method, and data has been collected through secondary sources i.e. articles, books, and online resources. The study reveals that Islamic insurance in Bangladesh is regulated by the Insurance Act 2010 whic...