The main distinction between conventional and Islamic wealth planning is the Shariah requirement of wealth purification. Explain each of the different Islamic wealth purification processes.
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The main distinction between conventional and Islamic wealth planning is the Shariah requirement of wealth purification. Explain each of the different Islamic wealth purification processes.
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- Using the Circular flow of money and goods, discuss how decisions in a household affected the economic flow during this pandemic.In economics, wealth is differentiated from income, wealth is a cash flow per unit of time while income is inventory.Response option group True Fakeis part (a) correct? Please provide a full explanation step by step. Greatly Appreciated!!
- The current Islamic banking and finance that has been around since the 1980s, while giving some positive results seems to be facing increasing criticisms. Many question whether IBF has been able to genuine contribute to solving the problems of the ummah and humanity at large. 2. Present any two criticisms towards the current practice of IBF. Give views that are found in the literature and also your views regarding these.In Pakistan there is currently a pensions crisis because the government did not plan pensions of public sector employees efficiently. Instead of raising funds from lifetime earnings of employees, and giving pensionsas returns on savings, pensions currently require budgetary allocation in Pakistan, leading to financial burden on government. In developed countries like the US, where people plan their own pensions this planning for retirement requires a lot of effort, forward thinking and knowledge of financial opportunities. Even then pensions are never completely secure in the US.So, this system is not entirely suitable in Pakistan. Examine the Pension Crisis from perspective of Permanent Income Hypothesis and its modern versions to explain the possible causes of this crisis. Related to causes in part I suggest solutions to the pension crisis in Pakistancan you please explain part c in more details
- The U.S. Department of Justice is solely responsible for enforcing the FCPA. True or False?Is either helicopter money or quantitative easing preferred in times of severe recessions in order to boost economic activity? Explain your reasoning.The number of people in any place is the result of three major factors. Name these factors and define them. thanks forwarded
- For each program listed below, discuss what market failure might be (or are ) used as a partial rationale. a) Automobile safety belt requirements b) Regulations on automobile pollution c) National Defense d) Unemployment compensation e) Medicare (medical care for the aged) f) Medicaid (medical care for the indigent) g) Federally Deposit Insurance Corporation h) Federally insured mortgages i) Law requiring lenders to disclose the true rate of interest they are charging on loans (truth-in-lending laws) j) National Weather Service k) Urban renewal l) Post Office m) Government prohibition of the use of narcotics n) Rent contrExplain the key terms frequently used in research writing.• Credibility:• Transferability:• Replicability:• Trustworthiness:• Positivists:• Constructivists:• IRB informed consentDescribe and illustrate the concept of the ‘Impossible Trinity’.