Murabaha Sale! It is a sale when a person expressively mentioned about cost or original price of the goods and adds some profit before selling to next. Murabaha is absolutely not a loan or not any kind of loan. It is simply a sale and purchase deal either on cash or on deferred payment. Differentiate between Murabaha and Musawamah Murabaha is...

The Mudarabah contract is a form of partnership between one who contributes efforts in the form of managerial skills (Mudarib) and the other who contributes capital (Rabb-ul-maal). Profit from the outcome of the venture is shared between the capital provider and manager. Profit will be shared according to mutually agreed profit sharing ratio. However, losses are borne solely by...

Musharakah: It is a structured joint venture or partnership in which profit and loss of enterprise is shared according to Islamic finance. The English meaning of Musharakah is “Sharing”. It means all partners will need to share loss as per ration of invested amount; however, profit may be shared as per mutual agreement. Although, all partners have equal right to...

Economics Economics is the efficient utilization of available resources to satisfy maximum needs and wants. Generally, the arrangement, management and distribution of available resources, such as, services and goods either across geographic region or within country by any government or society are called Economic System. There are two most basic Economic Systems exist in this world, which are: ...

Online Businesses Starting a business as a student can be very challenging and for a lot of people it would seem impossible most especially because of time. Sharing your time to your businesses and school might really be a very difficult thing to do. But with the introduction of the internet, you can now...

Sindh Scouts Scouts have always been at the forefront of Serving Humanity because Scouts is a Non-Political Organization dedicated to the Spirit of Service. Regardless of Race, Nationality or Sect. Either it was the Earthquake in 2005 or the Floods in Sindh, Balochistan, or National Elections, or Plague of Corona, the Scouts have always...

USCIRF - India According to the UNITED STATES COMMISSION ON INTERNATIONAL RELIGIOUS FREEDOM REPORT 2020 published in April, 2020 India Declared Dangerous country. The Report was published during USCIRF 2020 Annual Report Press Conference & Virtual Launch. Year 2019 was the worst year for India, specially when religious freedom conditions in...

The very First Step to safe yourself and your loved once from COVID-19 is to maintain your Immune System Healthy as much as possible. The earth is suffering from Corona-Virus and it is not possible to completely prevent this season. A Healthy Immune System is one of the best way to give yourself an extra protection. The...

Death Comparisons Covid-19: The Number of Deaths in the world in the first two months of 2020 by Covid-19   2360 : Corona Virus   69602 : Common cold   140 584 : Malaria   153,696 :...

What is Strategic Management? Strategic management (Academic Term) or Strategic Planning (Business Term) is the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives. As this definition implies, to achieve organizational success, strategic management focuses on integrating: Management Marketing Finance and...