There are eleven categories of Islamic institutions in Malaysia that create and manage various records. These institutions include Islamic educational institutions, Islamic courts, Islamic museums, Islamic banks, zakat institutions, Islamic preaching organizations, Islamic libraries, non-governmental Islamic organizations, Islamic training centers, Islamic insurance companies, and Islamic foundation organizations. The records managed by these institutions provide information on Islamic knowledge, laws, history, financial transactions, religious obligations, training programs, and more, depending on the specific role and functions of each organization.
The root word of ijtehad is “Juhd” which means “to try or strive”. It's the process in which a scholar independently strive to find answers, reasons or solutions to the problem in light of Quran and Ahadees.
Qiyaas
Sometimes they use analogy to find solutions. E.g: alcohol is forbidden. So if a thing has same effect as alcohol, it is also forbidden.
This method of analogy is called “Qiyaas”.
ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OFISLAMIC CAPITAL MARKET IN MA...Nur Adillah Arifah Nazri
Capital markets are an important component of the financial system for raising funds for long-term investment. They provide opportunities for diversification of risk through cross-sectional risk sharing. The long-term investments are facilitated through a series of short-term contracts in the form of tradable securities enabling the investors an opportunity to exit or enter through trade. Thus they provide an element of liquidity to the otherwise illiquid assets. The secondary market also provides pricing and valuation of assets on a continued basis thus eliminating arbitrage and inefficiencies
Visit Australian Islamic Library for a huge collection of Islamic books and multimedia:
www.australianislamiclibrary.org
www.facebook.com/australianislamiclibrary
Distribution of Wealth in Islam
By Mufti Muhammad Shafi Usmani
Note From Author: In the present study, we propose to state as clearly as possible the point of view of Islam in this matter, such as we have been able to deduce from the Holy Qur'an, the Sunnah, and the writings of the "Thinkers" (to use a current idiom) in the Islamic tradition. The time and space at our disposal being short, it would not be possible to discuss the subject in detail so as to cover all aspects. We shall, however, try to set down the essential and fundamental points in a concise but comprehensive manner.
The rule of qiyas its meaning, justification, types, scope, application, feas...EHSAN KHAN
Qiyas, Definition of Qiyas, Scope of Qiyas, Meaning of Qiyas,
Applictaion of Qiyas, Types of Qiyas, examples of qiyas,
define qiyas with different examples
the presentation will help you in understanding diffrent terms of islamic banking. also it will help you in finding the answers of your critics about islamic banking.
The root word of ijtehad is “Juhd” which means “to try or strive”. It's the process in which a scholar independently strive to find answers, reasons or solutions to the problem in light of Quran and Ahadees.
Qiyaas
Sometimes they use analogy to find solutions. E.g: alcohol is forbidden. So if a thing has same effect as alcohol, it is also forbidden.
This method of analogy is called “Qiyaas”.
ISLAMIC ACCOUNTING PRACTICES - THE IMPORTANCE OFISLAMIC CAPITAL MARKET IN MA...Nur Adillah Arifah Nazri
Capital markets are an important component of the financial system for raising funds for long-term investment. They provide opportunities for diversification of risk through cross-sectional risk sharing. The long-term investments are facilitated through a series of short-term contracts in the form of tradable securities enabling the investors an opportunity to exit or enter through trade. Thus they provide an element of liquidity to the otherwise illiquid assets. The secondary market also provides pricing and valuation of assets on a continued basis thus eliminating arbitrage and inefficiencies
Visit Australian Islamic Library for a huge collection of Islamic books and multimedia:
www.australianislamiclibrary.org
www.facebook.com/australianislamiclibrary
Distribution of Wealth in Islam
By Mufti Muhammad Shafi Usmani
Note From Author: In the present study, we propose to state as clearly as possible the point of view of Islam in this matter, such as we have been able to deduce from the Holy Qur'an, the Sunnah, and the writings of the "Thinkers" (to use a current idiom) in the Islamic tradition. The time and space at our disposal being short, it would not be possible to discuss the subject in detail so as to cover all aspects. We shall, however, try to set down the essential and fundamental points in a concise but comprehensive manner.
The rule of qiyas its meaning, justification, types, scope, application, feas...EHSAN KHAN
Qiyas, Definition of Qiyas, Scope of Qiyas, Meaning of Qiyas,
Applictaion of Qiyas, Types of Qiyas, examples of qiyas,
define qiyas with different examples
the presentation will help you in understanding diffrent terms of islamic banking. also it will help you in finding the answers of your critics about islamic banking.
Trust Fund: A Product Combining Waqf, Zakah and Sadaqah for Socio-Economic A...Islamic_Finance
This paper introduces Waqf, Zakah and Sadaqah, which are currently being mobilised by the non-Financial Institutions (non-FIs) such as charitable organisations and Non-Governmental Organisations (NGOs) as additional components of Islamic finance industry, to complement the efforts of financial intermediaries as a contributor to key socio-economic development. The paper presents various aspects of a case study regarding the use of Trust Fund Instrument by the Islamic Development Bank (IDB) for socio-economic development in its member countries including a project run with the co-operation of Bill & Melinda Gates Foundation (Gates Foundation) for polio eradication in Pakistan as part of the Global Polio Eradication Initiative (GPEI).
Introduction
Al Hasanat Center for Islamic Research is a nonprofit organization that must serve the public in some way, through the offering of multiple services. We have made operating information public so that people can be informed about how their contributions have been used.
Al Hasanat Center for Islamic Research cannot be political, which is explicitly written in the organizing papers that it will not participate in any political campaign on the behalf of any candidate or make expenditures for political purposes.
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Oprah Winfrey: A Leader in Media, Philanthropy, and Empowerment | CIO Women M...CIOWomenMagazine
This person is none other than Oprah Winfrey, a highly influential figure whose impact extends beyond television. This article will delve into the remarkable life and lasting legacy of Oprah. Her story serves as a reminder of the importance of perseverance, compassion, and firm determination.
The case study discusses the potential of drone delivery and the challenges that need to be addressed before it becomes widespread.
Key takeaways:
Drone delivery is in its early stages: Amazon's trial in the UK demonstrates the potential for faster deliveries, but it's still limited by regulations and technology.
Regulations are a major hurdle: Safety concerns around drone collisions with airplanes and people have led to restrictions on flight height and location.
Other challenges exist: Who will use drone delivery the most? Is it cost-effective compared to traditional delivery trucks?
Discussion questions:
Managerial challenges: Integrating drones requires planning for new infrastructure, training staff, and navigating regulations. There are also marketing and recruitment considerations specific to this technology.
External forces vary by country: Regulations, consumer acceptance, and infrastructure all differ between countries.
Demographics matter: Younger generations might be more receptive to drone delivery, while older populations might have concerns.
Stakeholders for Amazon: Customers, regulators, aviation authorities, and competitors are all stakeholders. Regulators likely hold the greatest influence as they determine the feasibility of drone delivery.
Senior Project and Engineering Leader Jim Smith.pdfJim Smith
I am a Project and Engineering Leader with extensive experience as a Business Operations Leader, Technical Project Manager, Engineering Manager and Operations Experience for Domestic and International companies such as Electrolux, Carrier, and Deutz. I have developed new products using Stage Gate development/MS Project/JIRA, for the pro-duction of Medical Equipment, Large Commercial Refrigeration Systems, Appliances, HVAC, and Diesel engines.
My experience includes:
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Successfully developed the $15-20M yearly corporate capital strategy for manufacturing, with the Executive Team and key stakeholders. Created project scope and specifications, business case, ROI, managed project plans with key personnel for nine consumer product manufacturing and distribution sites; to support the company’s strategic sales plan.
Over 15 years of experience managing and developing cost improvement projects with key Stakeholders, site Manufacturing Engineers, Mechanical Engineers, Maintenance, and facility support personnel to optimize pro-duction operations, safety, EHS, and new product development. (BioLab, Deutz, Caire)
Experience working as a Technical Manager developing new products with chemical engineers and packaging engineers to enhance and reduce the cost of retail products. I have led the activities of multiple engineering groups with diverse backgrounds.
Great experience managing the product development of products which utilize complex electrical controls, high voltage power panels, product testing, and commissioning.
Created project scope, business case, ROI for multiple capital projects to support electrotechnical assembly and CPG goods. Identified project cost, risk, success criteria, and performed equipment qualifications. (Carrier, Electrolux, Biolab, Price, Hussmann)
Created detailed projects plans using MS Project, Gant charts in excel, and updated new product development in Jira for stakeholders and project team members including critical path.
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2. Today's content
• Types of Islamic Institutions in Malaysia
• Information provided by these institutions
• Types of Records Created by These
Institutions
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3. Types of Islamic Institutions in Malaysia
• Basically there are eleven categories of Islamic
institutions in Malaysia. They are‑
1. Islamic educational institution.
2. Islamic court/ Syariah court
3. Islamic museum
4. Islamic bank
5. Zakat's institution
6. Islamic preaching institution
3
4. Cont…
7. Islamic library
8. Non-governmental Islamic institution
9. Islamic training center
10.Islamic insurance institution
11.Islamic Foundation institutions
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6. Information Provided By These Institutions
1. Islamic educational institution in Malaysia.
They provide information on Islamic knowledge; Fardhu
ain and Fardhu kifayah.
The examples of knowledge are
Islamic law,
Islamic economy,
Fiqh,
Islamic belief,
Islamic international relationship,
Islamic politics,
Science of Hadiths,
Science of Quran,
Islamic morals (akhlak),
Tasawuf knowledge etc.
6
7. Cont…
2. Islamic court/Syariah court
They provide knowledge on Islamic legal
system like
marriage knowledge,
Islamic criminal knowledge like
gambling, did not perform Jumaat
prayer (The Muslim) and khalwat.
7
8. Cont…
3. Islamic museum
The responsibility of Islamic museums is to
preserve Islamic artifacts and manuscripts.
They provide a lot of Islamic historical
information like the Islamic emergence in Malay
peninsular and the preaching of Islam by the
Arab missionaries.
They also provide information on Islamic
artifacts and manuscripts for instance prophet
sword, hand written Quran and traditions,
artifacts showing the relationship between
Islamic governments.
8
9. Cont…
4. Islamic banking
One of the functions of this institution is to
provide knowledge on Islamic banking for
example
al-wadiah,
al-mudharabah,
ar-rahnu,
al-bai' bithaman ajil,
al-Ijarah and
Islamic investment.
9
10. Cont…
5. Zakat's institutions
They provide knowledge on the concept of zakat in Islam
like:
Income zakat,
zakat fitrah,
trade zakat,
gold zakat,
saving zakat,
livestock zakat and
Besides that, they also give information on those who
are qualified to receive zakat from this institution and
how zakat is spent, invested and distributed.
10
11. Cont…
6. Islamic preaching institution
The responsibility of this institutions is to preach
Islamic information and practice to the Muslim
and non Muslim community.
They provide information regarding the daily
religious practice like fasting, praying, and their
belief as well as their code of conduct.
11
12. Cont…
7. Islamic library
These institutions provide information
materials regarding the Islamic teaching
either printed or non-printed.
They also provide services on borrowing
Islamic materials, inter library loans,
Islamic indexes and databases and etc.
12
13. Cont…
8. Non-governmental Islamic organizations
Among the role of non-governmental institutions
are to support government policy and to help
the government agencies to spread Islamic
teaching information to the community.
Mainly, these institutions provide information
based on the nature of their business.
Besides that, they provide information regarding
the daily religious practice, their belief and their
code of conduct.
13
14. Cont…
9. Islamic training center
As an Islamic training center, it also helps the
government agencies to spread Islamic
knowledge.
The role of this institution is to provide formal
training to the users.
Among the training they provide are marriages
training for the facilitators, leadership trainings
for the officers from the Islamic institution,
pilgrimage trainings for the Muslim preachers
etc.
14
15. Cont…
10.Islamic insurance institution
These institutions provide information on
insurance for example family insurance,
health insurance, transport insurance and
etc.
They also provide information on the
claims over insurer, insurance policy and
etc.
15
16. Cont…
11. Islamic Foundation institutions
These institutions usually established for certain
purpose.
They run business to achieve the targeted
purpose.
These institutions provide information based on
the nature of their business.
Sometimes they also support private
institutions to conduct programs pertaining to
their business financially as well as morally.
16
17. Types of Records Created by These Institutions
1-Islamic educational institution in Malaysia
The main records managed are educational records like
students' applications,
examination results,
payment of fees,
records of attendance,
scholarships,
students activities,
trainings,
seminars,
courses as well as education transcripts.
The examples of institutions are International Islamic
University (UIA) and state Islamic colleges.
17
18. Cont…
2-Islamic court
The main responsibility of Islamic court is to
implement Islamic Law and preserve justice.
The Islamic court manages Islamic legal records like
Syariah criminal records (red color) and
divorce records (blue color).
The divorce records include Taklik and fasakh
records.
Besides that, it also has polygamy's records
hadhanah records.
The example of Islamic court is state Islamic court.
18
19. Cont…
3-Islamic museum
The responsibility of Islamic museums is to preserve
Islamic artifacts and manuscripts.
The Islamic religious records they preserve are
manuscripts and treaty(agreement) produced
especially by the Islamic government.
They also have a lot of artifacts like the artifacts of
prophet's sword, the emergence of Islam etc.
19
20. Cont…
4-Islamic bank
Among the records managed by this
institution are Islamic transaction records
like:
al-wadiah,
al-bai' bithaman ajil,
al-Ijarah,
al-mudharabah,
ar-rahnu and
Islamic investment. 20
21. Cont…
5-Zakat's institution
The records managed by these institutions are
income zakat,
zakat Fitrah,
gold's zakat,
livestock's zakat
Besides that they also create records on how
zakat is spent, invested and distributed.
21
22. Cont…
6-Islamic preaching institution
The responsibility of this institutions is to preach
Islamic information and practice to the Muslim and
non Muslim community.
The records managed are depending on the nature
of the agencies.
For instance, Jabatan Agama Islam has records
regarding marriage while Pejabat Mufti has records
of Fatwas.
22
23. Cont…
7-Islamic library
They create and manage records regarding
the acquisition and processing the Islamic
information materials.
They also have records of borrowing
materials and fees.
23
24. Cont…
8-Non-governmental Islamic institution
The records managed are depending on the
nature of the agencies.
The examples, Persatuan Pengguna Islam
Malaysia has records regarding the Muslim
customers.
24
25. Cont…
9-Islamic training center
They create certificates and keep the records
of the participants like
applications,
, records of attendance and
payment of fees.
Besides that, they also manage the module
and paperwork for each training.
25
27. Cont…
11-Records at Islamic Foundation
institutions
These institutions create records regarding to
their main business.
Among the examples of the records are
financial records.
27