Search results
Results from the WOW.Com Content Network
Non-banking finance. Islamic non-banking finance has grown to encompass a wide range of services, but as of 2013, banking still dominates and represented about four-fifths of total assets in Islamic finance. [60] [44] The sukuk market is also a fast-growing segment with assets equivalent to about 15 percent of the industry.
Most Islamic finance is in banking, but non-banking finance such as sukuk, equity markets, investment funds, insurance (takaful), and microfinance, [254] [242] is also fast-growing, [254] [242] and as of 2013 represented about one-fifth of total assets in Islamic finance.
Media in category "Non-Islamic Islam studies literature" The following 2 files are in this category, out of 2 total. The Oxford Dictionary of Islam.jpg 300 × 300; 21 KB
Non-financial risks (NFR) are all of the risks which are not covered by traditional financial risk management. [1] This negative definition resembles the initial definition of operational risk , and it depends on the bank or corporation whether or not they use the term operational risk synchronously with NFR.
Non-financial assets may be tangible (also known as real assets, e.g., land, buildings, equipment, and vehicles) but also intangible (e.g., patents, intellectual property, data). [ 1 ] [ 2 ] Non-financial assets can be further divided into produced assets (fixed assets, inventories, and valuables) and non-produced assets (natural resources ...
Islamic modernism is a movement that has been described as "the first Muslim ideological response to the Western cultural challenge", [Note 1] attempting to reconcile the Islamic faith with values perceived as modern such as democracy, civil rights, rationality, equality, and progress. [2]
Compensation for death paid to the family of a non-Muslim was (by law) less than if the victim was a Muslim. Conversion to Islam is encouraged by entitling converts to inherit the entire share of their parents (or even uncle's) estate if their siblings (or cousins) remain non-Muslim. [33] Iran's non-Muslim population has fallen dramatically.
Some laymen non-denominational Muslims exhibit hostility towards the notion that Islam is divided into the binary subdivisions of Sunnism and Shiaism, thereby erasing space for the unaffiliated non-denominational Muslims. [14] Non-denominational Islam has been described as a generic or a broad run-of-the-mill approach to the faith. [1]