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For example, when a claim is first reported, a $100 payment might be made, and a $900 case reserve might be established, for a total initial reported amount of $1000. However, the claim may later settle for a larger amount, resulting in $2000 of payments from the insurer to the claimant before the claim is closed.
According to Sami Al-Suwailem, "researchers in Islamic finance" do not agree on the "precise meaning" of gharar, [6] although there is not necessarily great difference among the Islamic schools of jurisprudence in the term's definition. The Hanafi legal school defines gharar as "that whose consequences are hidden", (according to Sami Al ...
Urdu literature (Urdu: ادبیاتِ اُردُو, “Adbiyāt-i Urdū”) comprises the literary works, written in the Urdu language.While it tends to be dominated by poetry, especially the verse forms of the ghazal (غزل) and nazm (نظم), it has expanded into other styles of writing, including that of the short story, or afsana (افسانہ).
Literature written in Hindi-Urdu was not common prior to the 1700s. [14] In North India, rich literary cultures existed in Awadhi and Brajbhasha, with earliest Awadhi texts dating to the 14th century. [15] In Delhi, poets wrote in Persian, while Rekhta/Hindvi (what is now recognizable as Hindi-Urdu) did not have the same literary recognition. [16]
Under common law, a liquidated damages clause will not be enforced if the purpose of the term is solely to punish a breach (in this case it is termed penal damages). [23] The clause will be enforceable if it involves a genuine attempt to quantify a loss in advance and is a good faith estimate of economic loss.
Pakistani literature (Urdu: ادبیاتِ پاکستان) is a distinct literature that gradually came to be defined after Pakistan gained nationhood status in 1947, emerging out of literary traditions of the South Asia. [1] The shared tradition of Urdu literature and English literature of British India was inherited by
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The dictionary has been arranged and edited according to the following criteria: All the common words, idioms, proverbs, and modern academic, literary, scientific, and technical terms of the Urdu language have been listed. Only those obsolete words and idioms have been included which are found in ancient books.