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Modern Gold Dinar
The modern Islamic gold dinar (sometimes referred as Islamic dinar or Gold dinar) is a projected bullion gold coin, so far not issued as official currency by any national state. It aims to revive the historical gold dinar which was a leading coin of early Islam. The currency might consist of minted gold coins (dinars) or of silver coins (dirhams). Dinar history According to Islamic law, the Islamic dinar is a coin of pure gold weighing 72 grains of average barley. Modern determinations of weight for the "full solidus" weigh 4.44 grams at the time of Heraclius and a "light solidus" equivalent to the weight of the mithqal weighing 4.25 grams. With the silver Dirham being created to the weight ratio of 7:10, yielded coins of 2.975 grams of pure silver. Umar Ibn al-Khattab established the known standard relationship between them based on their weights: 7 dinars must be equivalent (in weight) to 10 dirhams. Value and denomination Per the historical law stated above, one dinar is ...
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Bullion
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for ...
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Muqaddimah
The ''Muqaddimah'', also known as the ''Muqaddimah of Ibn Khaldun'' ( ar, مقدّمة ابن خلدون) or ''Ibn Khaldun's Prolegomena'' ( grc, Προλεγόμενα), is a book written by the Arab historian Ibn Khaldun in 1377 which records an early view of universal history. Some modern thinkers view it as the first work dealing with the social sciences of sociology, demography,H. Mowlana (2001). "Information in the Arab World", ''Cooperation South Journal'' 1. and cultural history.Mohamad Abdalla (Summer 2007. "Ibn Khaldun on the Fate of Islamic Science after the 11th Century", ''Islam & Science'' 5 (1), p. 61-70. The ''Muqaddimah'' also deals with Islamic theology, historiography, the philosophy of history, economics,I. M. Oweiss (1988), "Ibn Khaldun, the Father of Economics", ''Arab Civilization: Challenges and Responses'', New York University Press, .Jean David C. Boulakia (1971), "Ibn Khaldun: A Fourteenth-Century Economist", ''The Journal of Political Economy'' 79 ...
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Abdalqadir As-Sufi
Abdalqadir as-Sufi (born Ian Stewart Dallas; 1930 – 1 August 2021) was a Shaykh of Instruction, leader of the Darqawi-Shadhili-Qadiri Tariqa, founder of the Murabitun World Movement and author of numerous books on Islam, Sufism and political theory. Born in Scotland, he was a playwright and actor before he converted to Islam in 1967 with the Imam of the Qarawiyyin Mosque in Fez, Morocco. Early life Ian Dallas was born in Scotland in 1930 of a Highland family. He travelled extensively to Greece, France and Italy.From 'The Collected Works' by Ian Dallas In 1963 he acted in Federico Fellini's film ''8½'' as "Il partner della telepata". Conversion As-Sufi converted to Islam in 1967 in Fes, Morocco as ''Abdalqadir'', witnessed by Abdalkarim Daudi, the Imam Khatib of the Qarawiyyin Mosque, and Alal al-Fasi. He then joined the Darqawi order as a student of Muhammad ibn al-Habib. He travelled to Morocco and Algeria with his Shaykh and was further instructed in Sufism by ...
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Dollarized
Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency. The process is also known as dollarization or euroization when the foreign currency is the dollar or the euro, respectively. Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador, El Salvador, and Zimbabwe. Some small economies, for whom it is impractical to maintain an independent currency, use the currencies of their larger neighbours; for example, Liechtenstein uses the Swiss franc. Partial currency substitution occurs when residents of a country choose to hold a significant share of their financial assets denominated in a foreign currency. It can also occur as a gradual conversion to full currency substitution; for example, Argentina and Peru were both in the process of converting to the U.S. dollar during the 1990s. Origins After the gold standard was abandoned at the outbreak of World ...
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Uthman
Uthman ibn Affan ( ar, عثمان بن عفان, ʿUthmān ibn ʿAffān; – 17 June 656), also spelled by Colloquial Arabic, Turkish and Persian rendering Osman, was a second cousin, son-in-law and notable companion of the Islamic prophet Muhammad, as well as the third of the '' Rāshidun'', or "Rightly Guided Caliphs". Born into a prominent Meccan clan, Banu Umayya of the Quraysh tribe, he played a major role in early Islamic history, and is known for having ordered the compilation of the standard version of the Quran. When Caliph Umar ibn al-Khattab died in office aged 60/61 years, Uthman, aged 68–71 years, succeeded him and was the oldest to rule as Caliph. Under Uthman's leadership, the Islamic empire expanded into Fars (present-day Iran) in 650, and some areas of Khorāsān (present-day Afghanistan) in 651. The conquest of Armenia had begun by the 640s. His reign also saw widespread protests and unrest that eventually led to armed revolt and his assassinati ...
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Rashidun Caliphate
The Rashidun Caliphate ( ar, اَلْخِلَافَةُ ٱلرَّاشِدَةُ, al-Khilāfah ar-Rāšidah) was the first caliphate to succeed the Islamic prophet Muhammad. It was ruled by the first four successive caliphs of Muhammad after his death in 632 CE (11 AH). During its existence, the empire was the most powerful economic, cultural, and military force in West Asia. The caliphate arose following Muhammad’s passing in June 632 and the subsequent debate over the succession to his leadership. Muhammad's childhood friend and close companion Abu Bakr (), of the Banu Taym clan, was elected the first caliph in Medina and he began the conquest of the Arabian Peninsula. His brief reign ended in August 634 when he died and was succeeded by Umar (), his appointed successor from the Banu Adi clan. Under Umar, the caliphate expanded at an unprecedented rate, ruling more than two-thirds of the Byzantine Empire and nearly the entire Sasanian Empire. Umar was assassinated in ...
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Abu Bakr Al-Baghdadi
Abu Bakr al-Baghdadi ( ar, أبو بكر البغدادي, ʾAbū Bakr al-Baḡdādī; born Ibrahim Awad Ibrahim Ali Muhammad al-Badri al-Samarrai ( ar, إبراهيم عواد إبراهيم علي محمد البدري السامرائي, ʾIbrāhīm ʿAwwād ʾIbrāhīm ʿAlī Muḥammad al-Badrī as-Sāmarrāʾī); 28 July 1971 – 27 October 2019), was an Iraqi militant and the first caliph of the Islamic State from 2014 until his death in 2019. Baghdadi was born in Samarra, Iraq, and obtained graduate degrees in Islamic theology in the late 1990s and 2000s. He joined early Salafi-jihadi groups in Iraq following the US invasion in March 2003 and was detained with Al Qaeda commanders at the American Camp Bucca in 2004. He joined al-Qaeda in Iraq there and rose through the ranks until he was appointed emir—the highest leader—in 2010. Al-Qaeda in Iraq reorganized and renamed itself into Islamic State of Iraq during this time. In June 2014, the group permanently broke w ...
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Finances Of ISIL
Since 2012, the Islamic State (IS) has produced annual reports giving numerical information on its operations, somewhat in the style of corporate reports, seemingly in a bid to encourage potential donors. In 2014, the RAND Corporation analyzed ISIL's funding sources by studying Bharatpur documents — personal letters, expense reports and membership rosters — captured from the Islamic State of Iraq (which included al-Qaeda in Iraq) by US forces in Iraq between 2005 and 2010. It found that over this period, outside donations amounted to only 5% of the group's operating budgets, with the rest being raised within Iraq. In the time period studied, cells were required to send up to 20% of the income generated from kidnapping, extortion rackets and other activities to the next level of the group's leadership. Higher-ranking commanders would then redistribute the funds to provincial or local cells which were in difficulties or which needed money to conduct attacks. The records show th ...
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Islamic State
An Islamic state is a state that has a form of government based on Islamic law (sharia). As a term, it has been used to describe various historical polities and theories of governance in the Islamic world. As a translation of the Arabic term ''dawlah islāmiyyah'' ( ar, دولة إسلامية) it refers to a modern notion associated with political Islam ( Islamism). Notable examples of historical Islamic states include the State of Medina, established by the Islamic prophet Muhammad, and the Arab Caliphate which continued under his successors and the Umayyads. The concept of the modern Islamic state has been articulated and promoted by ideologues such as Sayyid Rashid Rida, Mohammed Omar, Abul A'la Maududi, Ayatollah Ruhollah Khomeini, Israr Ahmed, Sayyid Qutb and Hassan al-Banna. Implementation of Islamic law plays an important role in modern theories of the Islamic state, as it did in classical Islamic political theories. However, most of the modern theories also m ...
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Perak
Perak () is a state of Malaysia on the west coast of the Malay Peninsula. Perak has land borders with the Malaysian states of Kedah to the north, Penang to the northwest, Kelantan and Pahang to the east, and Selangor to the south. Thailand's Yala and Narathiwat provinces both lie to the northeast. Perak's capital city, Ipoh, was known historically for its tin-mining activities until the price of the metal dropped, severely affecting the state's economy. The royal capital remains Kuala Kangsar, where the palace of the Sultan of Perak is located. As of 2018, the state's population was 2,500,000. Perak has diverse tropical rainforests and an equatorial climate. The state's mountain ranges belong to the Titiwangsa Range, which is part of the larger Tenasserim Range connecting Thailand, Myanmar and Malaysia. Perak's Mount Korbu is the highest point of the range. The discovery of an ancient skeleton in Perak supplied missing information on the migration of ''Homo sapiens ...
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World Islamic Mint
In its most general sense, the term "world" refers to the totality of entities, to the whole of reality or to everything that is. The nature of the world has been conceptualized differently in different fields. Some conceptions see the world as unique while others talk of a "plurality of worlds". Some treat the world as one simple object while others analyze the world as a complex made up of many parts. In ''scientific cosmology'' the world or universe is commonly defined as " e totality of all space and time; all that is, has been, and will be". '' Theories of modality'', on the other hand, talk of possible worlds as complete and consistent ways how things could have been. '' Phenomenology'', starting from the horizon of co-given objects present in the periphery of every experience, defines the world as the biggest horizon or the "horizon of all horizons". In ''philosophy of mind'', the world is commonly contrasted with the mind as that which is represented by the mind. ''T ...
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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