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Islamic Economics In Pakistan
The economic policies proposed under the banner of "Islamisation" in Pakistan include executive decrees on ''Zakāt'' (poor-due), ''Ushr'' (tithe), judicial changes that helped to halt land redistribution to the poor, and perhaps most importantly, elimination of ''riba'' (defined by activists as interest charged on loans and securities). Perhaps the foremost exponent of Islamisation among Pakistan's rulers—General Muhammad Zia-ul-Haq—advanced a programme in 1978 to bring (according to Zia and his supporters) Pakistan law in line with the principles of Sharia law. Conceived in late 1977 and carried out during his reign, the programme came in response to an upsurge in Islamic activism, and the problems and controversies associated with the policies of Zia's predecessor, Prime Minister Zulfikar Ali Bhutto. Zia's stated intention was to "eradicate the scourge of interest" on loans and securities, and create an "interest-free economy". On January 1, 1980, approximately 7,000 int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Night View Of Faisal Mosque In Islamabad
Night (also described as night time, unconventionally spelled as "nite") is the period of ambient darkness from sunset to sunrise during each 24-hour day, when the Sun is below the horizon. The exact time when night begins and ends depends on the location and varies throughout the year, based on factors such as season and latitude. The word can be used in a different sense as the time between bedtime and morning. In common communication, the word ''night'' is used as a farewell ("good night", sometimes shortened to "night"), mainly when someone is going to sleep or leaving. Astronomical night is the period between astronomical dusk and astronomical dawn when the Sun is between 18 and 90 degrees below the horizon and does not illuminate the sky. As seen from latitudes between about 48.56° and 65.73° north or south of the Equator, complete darkness does not occur around the summer solstice because, although the Sun sets, it is never more than 18° below the horizon at lower cu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pervez Musharraf
General Pervez Musharraf ( ur, , Parvez Muśharraf; born 11 August 1943) is a former Pakistani politician and four-star general of the Pakistan Army who became the tenth president of Pakistan after the successful military takeover of the federal government in 1999. He also served as the 10th Chairman Joint Chiefs of Staff Committee from 1998 to 2001 and the 7th Chief of Army Staff from 1998 to 2007. Born in Delhi during the British Raj, Musharraf was raised in Karachi and Istanbul. He studied mathematics at Forman Christian College in Lahore and was also educated at the Royal College of Defence Studies in the United Kingdom. Musharraf entered the Pakistan Military Academy in 1961 and was commissioned to the Pakistan Army in 1964. Musharraf saw action during the Indo-Pakistani War of 1965 as a second lieutenant. By the 1980s, he was commanding an artillery brigade. In the 1990s, Musharraf was promoted to major general and assigned an infantry division, and later commanded ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Reform
Land reform is a form of agrarian reform involving the changing of laws, regulations, or customs regarding land ownership. Land reform may consist of a government-initiated or government-backed property redistribution, generally of agricultural land. Land reform can, therefore, refer to transfer of ownership from the more powerful to the less powerful, such as from a relatively small number of wealthy or noble owners with extensive land holdings (e.g., plantations, large ranches, or agribusiness plots) to individual ownership by those who work the land. Such transfers of ownership may be with or without compensation; compensation may vary from token amounts to the full value of the land. Land reform may also entail the transfer of land from individual ownership—even peasant ownership in smallholdings—to government-owned collective farms; it has also, in other times and places, referred to the exact opposite: division of government-owned collective farms into smallholdings. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former owners. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stagflation
In economics, stagflation or recession-inflation is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment. The term, a portmanteau of '' stagnation'' and ''inflation'', is generally attributed to Iain Macleod, a British Conservative Party politician who became Chancellor of the Exchequer in 1970. Macleod used the word in a 1965 speech to Parliament during a period of simultaneously high inflation and unemployment in the United Kingdom.Introduction, page 9. Warning the House of Commons of the gravity of the situation, he said: Macleod used the term again on 7 July 1970, and the media began also to use it, for example in ''The Economist'' on 15 August 1970, and ''Newsweek'' on 19 March 1973. John Maynard Keynes did not use the term, but some of his work refers to the conditions that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council Of Islamic Ideology
Council of Islamic Ideology (CII; ( ur, ) is a constitutional body of Pakistan, responsible for giving legal advice on Islamic issues to the government and the Parliament. This body was founded in 1962 under the government of Ayub Khan. Functions The council has the following functions:Functions of the Council of Islamic Ideology Government of Pakistan website, Retrieved 10 September 2020 # To recommend laws conforming to and Sunnah to the and ''Provincial Assemblies''. # To advise ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abul A'la Maududi
Abul A'la al-Maududi ( ur, , translit=Abū al-Aʿlā al-Mawdūdī; – ) was an Islamic scholar, Islamist ideologue, Muslim philosopher, jurist, historian, journalist, activist and scholar active in British India and later, following the partition, in Pakistan. Described by Wilfred Cantwell Smith as "the most systematic thinker of modern Islam", his numerous works, which "covered a range of disciplines such as Qur’anic exegesis, hadith, law, philosophy and history", were written in Urdu, but then translated into English, Arabic, Hindi, Bengali, Tamil, Telugu, Kannada, Burmese, Malayalam and many other languages. He sought to revive Islam, and to propagate what he understood to be "true Islam". He believed that Islam was essential for politics and that it was necessary to institute ''sharia'' and preserve Islamic culture similar to reign of the Rashidun and abandon immorality, from what he viewed as the evils of secularism, nationalism and socialism, which he understood to b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Medina
Medina,, ', "the radiant city"; or , ', (), "the city" officially Al Madinah Al Munawwarah (, , Turkish: Medine-i Münevvere) and also commonly simplified as Madīnah or Madinah (, ), is the Holiest sites in Islam, second-holiest city in Islam, and the capital of the Medina Province (Saudi Arabia), Medina Province of Saudi Arabia. , the estimated population of the city is 1,488,782, making it the List of cities and towns in Saudi Arabia, fourth-most populous city in the country. Located at the core of the Medina Province in the western reaches of the country, the city is distributed over , of which constitutes the city's urban area, while the rest is occupied by the Hijaz Mountains, Hejaz Mountains, empty valleys, Agriculture in Saudi Arabia, agricultural spaces and older dormant volcanoes. Medina is generally considered to be the "cradle of Islamic culture and civilization". The city is considered to be the second-holiest of three key cities in Islamic tradition, with Mecca and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
All-India Muslim League
The All-India Muslim League (AIML) was a political party established in Dhaka in 1906 when a group of prominent Muslim politicians met the Viceroy of British India, Lord Minto, with the goal of securing Muslim interests on the Indian subcontinent. The party arose out of the need for the political representation of Muslims in British India, especially during the Indian National Congress-sponsored massive Hindu opposition to the 1905 partition of Bengal. During the 1906 annual meeting of the All India Muslim Education Conference held in Israt Manzil Palace, Dhaka, the Nawab of Dhaka, Khwaja Salimullah, forwarded a proposal to create a political party which would protect the interests of Muslims in British India. Sir Mian Muhammad Shafi, a prominent Muslim leader from Lahore, suggested the political party be named the 'All-India Muslim League'. The motion was unanimously passed by the conference, leading to the official formation of the All-India Muslim League in Dhaka. It remai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muhammad Iqbal
Sir Muhammad Iqbal ( ur, ; 9 November 187721 April 1938), was a South Asian Muslim writer, philosopher, Quote: "In Persian, ... he published six volumes of mainly long poems between 1915 and 1936, ... more or less complete works on philosophical themes" (p. xiii)" Scholar and politician, whose poetry in the Urdu language is considered among the greatest of the twentieth century, Quote: "In Urdu, Iqbal is allowed to have been far the greatest poet of this century, and by most critics to be the only equal of Ghalib (1797–1869). ... the Urdu poems, addressed to a real and familiar audience close at hand, have the merit of being direct, spontaneous utterances on tangible subjects. (p. xiii)" and whose vision of a cultural and political ideal for the Muslims of British Raj, British-ruled India was to animate the impulse for Pakistan. He is commonly referred to by the honorific Allama (from ). Born and raised in Sialkot, Punjab region, Punjab in an ethnic Kashmiri Muslims, Kash ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Economics In Pakistan
The economic policies proposed under the banner of "Islamisation" in Pakistan include executive decrees on ''Zakāt'' (poor-due), ''Ushr'' (tithe), judicial changes that helped to halt land redistribution to the poor, and perhaps most importantly, elimination of ''riba'' (defined by activists as interest charged on loans and securities). Perhaps the foremost exponent of Islamisation among Pakistan's rulers—General Muhammad Zia-ul-Haq—advanced a programme in 1978 to bring (according to Zia and his supporters) Pakistan law in line with the principles of Sharia law. Conceived in late 1977 and carried out during his reign, the programme came in response to an upsurge in Islamic activism, and the problems and controversies associated with the policies of Zia's predecessor, Prime Minister Zulfikar Ali Bhutto. Zia's stated intention was to "eradicate the scourge of interest" on loans and securities, and create an "interest-free economy". On January 1, 1980, approximately 7,000 int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
