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Investment is traditionally defined as the "commitment of resources to achieve later benefits". If an investment involves money, then it can be defined as a "commitment of money to receive more money later".
The notion of securitizing catastrophe risks became prominent in the aftermath of Hurricane Andrew, notably in work published by Richard Sandor, Kenneth Froot, and a group of professors at the Wharton School who were seeking vehicles to bring more risk-bearing capacity to the catastrophe reinsurance market.
Islam was established as the nation's official religion in the 1959 Brunei Constitution. Islam has long been the dominant religion in Brunei and the guiding principle of the administration of the Brunei Sultanate. In the royal institution, the Sultan is in charge and serves as the head of state.
Islamic theories of the modern notion of state first emerged as a reaction to the abolition of the Ottoman caliphate in 1924. It was also in this context that the famous dictum that Islam is both a religion and a state (al-Islam din wa dawla) was first popularized. [1]
Shab-e-Barat (lit. ' Barat Night '), Cheragh-e-Barat, Berat Kandili, or Nisfu Syaaban (Southeastern Asian Muslims) is a Mid-Sha'ban related cultural celebration celebrated in many South Asian, Central Asian, South East Asian and Middle Eastern Muslim countries, on the 15th night (the night on 15th only) of the month of Sha'ban, the eighth month of the Islamic calendar.
Jaringan Islam Liberal (JIL) or the Liberal Islam Network is a loose forum for discussing and disseminating the concept of Islamic liberalism in Indonesia. [1] One reason for its establishment is to counter the growing influence and activism of militant and Islamic extremism in Indonesia.
[4] [5] Further studies indicate the worldwide spread and percentage growth of Islam, may be attributed to high birth rates followed by a trend of worldwide adoption and conversion to Islam. [3] [6] Most Muslims fall under either of two main branches: Sunni (87–90%, roughly 1.7 billion people) [7] Shia (10–13%, roughly 180–230 million ...
The Clash Between Islam and Modernity in the Middle East is a book by Bernard Lewis released in January 2002, shortly after the September 11 terrorist attack, but written shortly before. The nucleus of this book appeared as an article published in The Atlantic Monthly in January 2002.