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Islamic banking and finance has its own products and services that differ from conventional banking. [ 1][ 2] These include Mudharabah ( profit sharing ), Wadiah (safekeeping), Musharakah ( joint venture ), Murabahah (cost plus finance), Ijar ( leasing ), Hawala (an international fund transfer system), Takaful (Islamic insurance), and Sukuk ...
January 7th, 2015. Status: Expired. Twenty-first Amendment to the Constitution of Pakistan ( Urdu: آئین پاکستان میں اکیسویں ترمیم) was passed by both the National Assembly of Pakistan and Senate of Pakistan on January 6, 2015, and received the assent of the President on January 7, 2015. [1] The Bill amended the Article ...
Construction law is a branch of law that deals with matters relating to building construction, engineering, and related fields. It is in essence an amalgam of contract law, commercial law, planning law, employment law and tort. Construction law covers a wide range of legal issues including contract, negligence, bonds and bonding, guarantees and ...
The International Islamic University ( IIU) [ a] is an Islamic public university located in Islamabad, Pakistan. [ 2][ 3][ 4] It was established in 1980 and restructured in 1985, and remains a valuable source for Higher Education in Pakistan. The university is regularly listed among the most recognized universities and prestigious degree ...
The Employees' Old-Age Benefits Institution (EOBI) ( Urdu: ادارہِ مراعاتِ معمّر ملازمین) is the pension, old age benefits and social insurance institution of the Government of Pakistan. It operates under the control of Ministry of Overseas Pakistanis and Human Resource Development. [ 1] It came into formation in 1976 ...
The Pakistan Penal Code outlaws blasphemy ( Urdu: قانون ناموس رسالت) against any recognized religion, with punishments ranging from a fine to the death penalty. According to various human rights organizations, Pakistan's blasphemy laws have been used to persecute religious minorities and settle personal rivalries, frequently ...
t. e. An invitation to treat (or invitation to bargain in the United States) is a concept within contract law which comes from the Latin phrase invitatio ad offerendum, meaning "inviting an offer". According to Professor Andrew Burrows, an invitation to treat is. an expression of willingness to negotiate.
Hudud Ordinances. The Hudud Ordinances are laws in Pakistan enacted in 1979 as part of the Islamization of Pakistan by Muhammad Zia-ul-Haq, the sixth president of Pakistan. It replaced parts of the British-era Pakistan Penal Code, adding new criminal offences of adultery and fornication, and new punishments of whipping, amputation, and stoning ...