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Essay on Islam

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Progressive vs. Regressive

Introduction When Muhammad wrote the Koran, he achieved more than introducing the religion of Islam. His teachings brought huge changes to Arabia where there wasn't a considerable sense of morality. Before Islam, there was no morality in economics, women were seen as objects, and there was constant inter-tribal violence. Islam became a guide for the people that joined faith, politics, religion, and society. Unlike pre-Islamic Arabia, the Koran emphasized poor were important to society. Taking interest on loans was prohibited…...

Islamic Banking and Finance

Introduction This assessment is about Islamic finance. Islamic finance refers to a system that compliant on the application of Islamic law or Shariah which are the primary sources from the Qur’an and the sayings of the Prophet Muhammad. One of the elements contained in Islamic finance is microfinance. It is a new market in Islamic finance that can give help in financial to other people. Introduction to Islamic Finance Islamic finance refers to a system that compliant on the application…...

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