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Ashari
Muslim Arab theologian. Born at Basra, Iraq, he probably belonged to the family of Abu Musa al-Ashari, one of the Companions of the Prophet. He joined the Mutazila school and compiled scholarly opinions in his Maqalat al-Islamiyin ("Theological Opinions of the Muslims"). At about age 40 he concluded that his method had led to sterile concepts of God and humanity, and turned to more orthodox theology. He expanded his Maqalat and authored Kitab al-Luma ("The Luminous Book"). Reflecting on the ideas of al-Muhasibi and others, he created his own school, which became known as the Khorasan or Asharite school. See also Ashariya.


Ashariya
School of Muslim theology founded by Abu al-Hasan al-Ashari in the 10th cent. It supported the use of reason and speculative theology (kalam) to defend the faith, but was not as extreme in its rationalism as the Mutazila school. Followers attempted to demonstrate the existence and nature of God through rational argument, while affirming the eternal, uncreated nature of the Quran. They were accused by the Mutazila of believing in predestination because they claimed the human capacity for action was only acquired at the very moment of action.


Chabrier
French composer. Though he was a piano prodigy, his parents obliged him to obtain a law degree and take a government job, but he relinquished the latter in 1880 to pursue composition full-time. His opera Gwendoline enjoyed several productions in his lifetime, but he never achieved significant success. His other works include nine other operas and operettas, incl. Le roi malgré lui (1887), and the orchestral rhapsody Españ a (1883).


security
In finance, written evidence of ownership conferring the right to receive property not currently in the holder's possession. The most common securities are stocks and bonds. Governments, companies, and financial institutions use securities to raise money. Stocks are securities issued in the form of equity ownership. Bonds are securities that take the form of debt. They constitute promises to pay a specified amount at a specified date and to pay interest at a specified rate in the interim. Most government securities are bonds that pay a fixed amount of interest per year; unlike commercial securities, their repayment is guaranteed. Both stocks and bonds are traded publicly on organized exchanges. The world's principal exchanges are the New York Stock Exchange, the London Stock Exchange, and the Tokyo Stock Exchange. External forces such as international troubles, changes in government policies, and trends in foreign stock markets all have an effect on security prices. For individual stocks, the company's current and prospective financial performance play an important role, as do overall trends within its business sector. See also investment, saving.


Shafii
Muslim legal scholar and founder of the Shafiiya school of law. A distant relative ...

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