This article analyses the character and nature of succession in the Pre-Islamic Arabic society and in the period of al Khulafa al Rashidin. It assumes that both periods share a lot in common in terms of conditions of leadership, which include seniority, bravery, generosityu, good and noble family background, and the ability to safeguard the tribe. The principle of consultation [mushawarah], whi…
The rapid growth of Islamic banking and finance has gained momentum during the last decade and stole the attention all banking and finance sectors around the world, especially in the areas of sukuk and securitization. This article aims to discuss sukuk, also known as shari'ah bond. It will discuss the difference between Sukuk, on the one hand and conventional bond and ordinary bond, on the othe…
Qaryah Tayyibah, an alternative institution of education, surprises education pratitioners and experts in Indonesia. Mass media studies its strength and existence. The phenomena can be understood through two things. Firstly, the name of the education institution reflects Islamic institution Qaryah Tayyibah means good village. Secondly, it is assumed that through the existing formal education fo…
This paper is aimed at describing about condition map of shari'ah banking among established conventional bangkings. The shari'ah bank has now developed so quickly. This shows that the community interest toward the kind of bank is good. Positive response from community is based on the offered benefits such as variety of service given compared with conventional bank, there is no risk of negative …
There are many kinds of pesantren [Islamic Boarding School] categorized in different perspective. Based on liberal views, there are pesantren salafiy [traditional] and pesantren khalafiy [modern]. Nowadays, there terms, namely, salafiy and khalafiy just to differenciate easily, because this category still has problems. Generally, the traditional Islamic boarding school [salafiy] needs more deve…