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...

Summary The article studies the trope of crocodile bird in its evolution from antiquity to present day. story tells mutualistic behaviour between Nile and an Egyptian bird, typically known as trochilus . has a complex history: primarily classical writers, it spread fact Jewish Islamic traditions, too. is universally thought be invention Herodotus. But demotic papyrus, here published for first t...

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...

islamic jurisprudence is one of the most important issues in the field of islamic studies. islamic jurisprudence has been studied by numerous western scholars. some of them assumed that islamic system of law adopted jewish or roman system of law and in many cases based on them.the origin of islamic urisprudence is also one of the controversial issues in this respect. some western scholars, in a...

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...

Introduction: The Kalash are the only non-Muslim ethnic group living in three small and beautiful valleys of district Chitral. They are the last tribe of the Kafirs of the Hindu Kush. The Kalash exhibit, perhaps, one of the ancient and unique primitive traditions and cultures. They are living with the Muslims in this region for a long period of time, and had been under Muslim rule most of this ...

1 M.Sc student, Science and Research Branch, Islamic Azad University, Tehran, Iran. 2 Department of Chemistry, Yazd Branch, Islamic Azad University, Yazd, Iran 3 Ph.D Student, Yazd Branch, Islamic Azad University, Yazd, Iran 4 Ph.D Student, Science and Research Branch, Islamic Azad University, Tehran, Iran. 5 Department of Chemistry, Science and Research Branch, Islamic Azad University, Tehran,...

This paper explores some of the issues that arise in the regulation of Islamic capital market products and services. As many of the products are distributed to retail clients by Islamic banks and through the Islamic windows of conventional banks, it is also pertinent to deal with the regulation of these institutions, not least because of the distinctive liability and asset structures of Islamic...