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At the time of the death of Abu Bakr, there was only one dirham in the public treasury. According to Rahman, the word 'bayt mal al-muslimin' (or 'bayt mal-Allah') referred originally to the building in early Muslim history where war spoils and other public properties of the caliphate were stored and re-distributed to the community, but over ...
Kleptocratic rulers often treat their country's treasury as a source of personal wealth, spending funds on luxury goods and extravagances as they see fit. Many kleptocratic rulers secretly transfer public funds into hidden personal accounts in foreign countries to provide for themselves if removed from power. [6] [2]
Public utilities such as mosques, schools, bridges, graveyards, and drinking fountains can be the beneficiaries of a waqf. Modern legislation divides the waqf into "charitable causes," where the beneficiaries are the public or the poor, and "family" waqf, where the founder designates their relatives as beneficiaries. There can also be multiple ...
The State Treasury (Polish: Skarb Państwa) in Polish law represents the Polish state acting in the field of civil law relations in which it is treated as equal partner to private entities (as opposed to the sphere of public law relations in which the State represented by public authorities decides unilaterally on the legal situation of ...
The national debt of Pakistan (Urdu: قومی قرضہ جاتِ پاکستان), or simply Pakistani debt, is the total public debt, [1] or unpaid borrowed funds carried by the Government of Pakistan, which includes measurement as the face value of the currently outstanding treasury bills (T-bills) that have been issued by the federal government.
Economic Adviser's Wing: Basic functions include the publication of the Economic Survey of Pakistan, both in Urdu and English, before the announcement of the federal budget. The budgetary supplement evaluates the overall economic performance of the country based on various economic factors as evident in the preceding fiscal year's data.
The bank provides various commercial and public sector banking services, including the debt-equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services. In the year 2020, the bank was designated domestic systemically important bank (D-SIB) by the State Bank of Pakistan. [3]
The main meaning of the Arabic dāna is 'he obeyed', and one of the many meanings of dīn is 'behaviour' (al-sīra wa'l-ʿāda). [91] The famous Arabic lexicographer Fayrūzabādī (d. 817/1415), gives more than twelve meanings for the word dīn, placing the meaning 'worship of God, religion' lower in the list.