Question: 10. Explain the following in the light of Shari'ah injunctions: (a) Embezzlement in the execution of public funds (b) Heads of expenditure of Zakah

10. Explain the following in the light of Shari'ah injunctions: (a) Embezzlement

10. Explain the following in the light of Shari'ah injunctions: (a) Embezzlement in the execution of public funds (b) Heads of expenditure of Zakah revenues (c) The role of Treasury (Bait-ul-Ma) in the fiscal set-up of an Islamic State.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a Theft or stealing money is common today because of a lack of punishment and minor fines but in Sharia law the punishment for embezzlement of cash is ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Write a code that includes CSS and html to create a web page, provided that the page has two interfaces.

9. Suppose we are solving for Arb with A E Rmxn being rank deficient (minimum norm solution) (a) For b(A) why wouldn't the solution (ATA)-Ab work? (b) Suppose beR(A). Show that the error vector is...

For blood circulation in a specific human body artery, the following data is given, Average inner diameter of the artery = 6.8 mm Average pressure gradient per meter of length = 75 pa 1- Find the...

Weight loss after two months on the Davies Diet has a uniform distribution defined by the following probability density function: where x = values for the weight loss random variable. a. Determine...

Assume that two gas stations are for sale with the following cash flows; CF1 is the Cash Flow in the first year, and CF2 is the Cash Flow in the second year. This is the time line and data used in...

Compare the results of the three (3) methods by quality of information for decision making. Using what you have learned about the three (3) methods, identify the best project by the criteria of long...

Use the information provided below to answer the following questions. Other information:? All of the shares were issued during the first year of operations (year ended October 31, 2019). ? The common...

10. Explain the following three concepts of purchasing power parity (PPP): a. The law of one price. b. Absolute PPP. c. Relative PPP.

10. Explain the difference between the following concepts: producer surplus, economic profit, and economic rent.

21. Consider the following past data of four auto [two/ three-wheelers) companies. EPS DIV Share Price Companies 33) (%) (3) 1. Bajaj 11.9 50 275.00 2. Hero Honda 10.2 22 135.00 3. Kinetic 12.0 25...

Required Information Which of the following statements about sales returns and allowances is (are) true? (Select all that apply.) Check All That Apply Customers who return unsatisfactory merchandise...

A worker stands at the end of a production line for mint chocolate chip ice cream and uses warm water to melt the ice cream away from the chocolate. The amount of chocolate is then weighed. Each...

A sporting goods store decides to lower prices on high-end sports equipment. How could this change affect market equilibrium? (1 point) O The sporting goods market could experience a surplus. The...

This amount of carbonic acid is released by the lungs as carbon dioxide daily: (a) Five liters (about 1 gallon). (b) Ten liters (about 2.5 gallons). (c) Twenty liters (about 5 gallons). (d) Thirty...

You overhear the following discussion at a coffee shop among fellow students: Student 1: The day is longer than it would be if Earth had no atmosphere. The atmosphere allows the sun to be seen after...

Explain the importance of Human Resource Management

The ABC Corporation is considering opening an office in a new market area that would allow it to increase its annual sales by $2.6 million. The cost of goods sold is estimated to be 40 percent of...

Evaluate each logarithm to four decimal places. log 0.257

Filkins Fabric Company is considering the replacement of its old, fully depreciated knitting machine. Two new models are available: Machine 190-3, which has a cost of $190,000, a 3-year expected...

Suppose a firm estimates its cost of capital for the coming year to be 10 percent. What might be reasonable costs of capital for average-risk, high-risk, and low-risk projects?

Edelman Engineering is considering including two pieces of equipment, a truck and an overhead pulley system, in this year's capital budget. The projects are independent. The cash outlay for the truck...

Tire classified department of a monthly magazine has used a combination of quantitative and judgmental methods to forecast sales of advertising space. The forecast errors over an 18-month period are...

A can opener manufacturer has had monthly sales for a seven-month period as follows: Month Sales (000 units) Feb 19 Mar 18 Apr 15 May 20 Jun IS Jul 22 Aug 20 a. Plot the data. b. Forecast Septembers...

Columbia Gas Company of Ohio distributes natural gas to residential, business, and industrial customers in Ohio. In order to secure enough gas supply, Columbia Gas forecasts daily demand for the next...