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The terms Muslim world and Islamic world commonly refer to the Islamic community, which is also known as the Ummah. This consists of all those who adhere to the religious beliefs, politics, and laws of Islam [ 1 ] or to societies in which Islam is practiced. [ 2 ][ 3 ] In a modern geopolitical sense, these terms refer to countries in which ...
The Islamic Chamber of Commerce, Industry, and Agriculture (ICCIA) is an international organization that represents the private sector of 57 Islamic countries. [1] It was established in 1977 in Karachi, Pakistan, [2] and has regional offices in several countries. The ICCIA aims to promote trade, investment, and cooperation among Islamic countries.
Between the 9th and 14th centuries, the Muslim world developed many advanced economic concepts, techniques and usages. These ranged from areas of production, investment, finance, economic development, taxation, property use such as Hawala: an early informal value transfer system, Islamic trusts, known as waqf, systems of contract relied upon by merchants, a widely circulated common currency ...
The Muslim World League (MWL; Arabic: رابطة العالم الإسلامي, romanized: Rābiṭat al-ʿĀlam al-ʾIslāmī) is an international Islamic non-govermental organization based in Mecca, Saudi Arabia that promotes what it calls the true message of Islam by advancing moderate values that promote peace, tolerance and love. [1][2][3 ...
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.
t. e. Islam[ a ] is an Abrahamic monotheistic religion centered on the Quran and the teachings of Muhammad, the religion's founder. Adherents of Islam are called Muslims, who are estimated to number approximately 1.9 billion worldwide and are the world's second-largest religious population after Christians.
According to the Charter of the International Economic Summit “Russia-Islamic World: KazanSummit”, the aim of the Summit is a strengthening trade, economic, scientific, technical, social and cultural ties of the Republic of Tatarstan and members countries of the Organization of Islamic Cooperation, as well as to promote the development of Islamic financial system institutions in the ...
On the Indian subcontinent, Islam first appeared in the southwestern tip of the peninsula, in today's Kerala state. Arabs traded with Malabar even before the birth of Muhammad. Native legends say that a group of Sahaba, under Malik Ibn Deenar, arrived on the Malabar Coast and preached Islam.