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t. e. Islamic economics (Arabic: الاقتصاد الإسلامي) refers to the knowledge of economics or economic activities and processes in terms of Islamic principles and teachings. [ 1 ] Islam has a set of special moral norms and values about individual and social economic behavior.
These products—and Islamic finance in general—are based on Islamic commercial contracts (aqad i.e. a commitment between two parties) and contract law, [ 61 ] with products generally named after contracts (e.g. mudaraba) though they may be combinations of more than one type of contract. [ Note 5 ]
t. e. Islamic banking, Islamic finance (Arabic: مصرفية إسلاميةmasrifiyya 'islamia), or Sharia-compliant finance[ 1 ] is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include mudarabah (profit ...
Abuya. Haji Ashaari Mohammad (30 October 1937 – 13 May 2010 [1]) was the leader of the Malaysian Islamic group Al-Arqam, which gained prominence in the 1980s and early 1990s. On 21 October 1994, the Malaysian federal government banned Al-Arqam, citing concerns over its teachings and activities. Ashaari, along with other members of the group ...
Business administration. Customer relationship management (CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study large amounts of information. [1] CRM systems compile data from a range of different communication channels, including a company's website ...
t. e. Liberalism and progressivism within Islam involve professed Muslims who have created a considerable body of progressive thought about Islamic understanding and practice. [1][2] Their work is sometimes characterized as "progressive Islam" (Arabic: الإسلام التقدمي al-Islām at-taqaddumī). Some scholars, such as Omid Safi ...
Muhtasib. A muḥtasib (Arabic: محتسب, from the root حسبة ḥisbah, or "accountability" [1]) was "a holder of the office of al-hisbah in classical Islamic administrations", according to Oxford Islamic Studies. [2] Also called ‘amil al-suq or sahib al-suq, [3] the muḥtasib was a supervisor of bazaars and trade, the inspector of ...
Customer service is the assistance and advice provided by a company through phone, online chat, mail, and e-mail to those who buy or use its products or services. Each industry requires different levels of customer service, [1] but towards the end, the idea of a well-performed service is that of increasing revenues.