Introduction We live in a multi-cultural society that consists of various races, cultures, castes and religions. Since Muslims from different regions of the world immigrated to the UK, they have integrated themselves with the people of other faiths wonderfully. Their significant contributions to the neighbourhood and community – which they live in – have attracted
Conventional corporate finance requires the managers of a firm to manage the financial and other aspects of the business in a manner that increases the market value of the firm and therefore the value of a shareholder’s investment in the firm.[1] Apart from a few legal rules regarding wrongful trading and insolvency law, managers’ choices
1.1 DEFINITION OF “FINANCIAL CRISIS” Goldsmith has succinctly defined the term ‘financial crisis’ as a “sharp, brief, ultra-cyclical deterioration of all or most of a group of financial indicators”, such as short-term interest rates, asset prices, corporate insolvencies and the meltdown of financial institutions.[1] A ‘financial crisis’ leads to catastrophic turmoil in financial markets that
The Messenger of Allah (ﷺ) said, “He who goes forth in search of knowledge is considered as
struggling in the Cause of Allah until he returns.” [At- Tirmidhi].
