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From that year onward, the Fasli calendar has been a solar year. The name and number of the Days and the Months are the same as Islamic calendar. The first day of the year is 7 or 8 June. [3] The Fasli calendar dated from the accession year of Akbar. Thus the beginning of the Fasli era is equal to below calendars. [1] 963 AH (Islamic calendar)
Collecting late fees but donating them to charity, [10] [11] [12] Collecting late fees only when the buyer "has deliberately refused to make a payment". [Note 10] Extra costs. Because murabaha financing is “asset-based” financing (and must be to avoid riba according to orthodox Islamic thinking), it requires financiers to purchase and sell ...
The Arabic names of the months of the Gregorian calendar are usually phonetic Arabic pronunciations of the corresponding month names used in European languages. An exception is the Assyrian calendar used in Iraq and the Levant, whose month names are inherited via Classical Arabic from the Babylonian and Aramaic lunisolar calendars and correspond to roughly the same time of year.
Ijarah, (Arabic: الإجارة, al-Ijārah, "to give something on rent" [1] [2] or "providing services and goods temporarily for a wage" [3] (a noun, not a verb)), is a term of fiqh (Islamic jurisprudence) [1] and product in Islamic banking and finance.
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For example, if a company receives an annual software license fee upfront on January 1 but its fiscal year ends on May 31, the company using accrual accounting would only recognize five months' worth (5/12) of the fee as revenue in the current fiscal year's profit and loss statement.
The said 167 is the 12-month average of 1 July 2009 to 30 June 2010. The average for the current DA period January to December 2017 is 274, which is the 12-month average AICPI-IW of 1 January 2016 to 31 December 2016. The DA calculation for Jan 2017 to June 2017 is 274 minus 167 * Basic Pay and the result divided by 167. Total points 107.