Muhammad died in 632 AD**. After his death, the Muslims were led by a series of Caliphs (Islamic leaders) know as the Rashidun (rightly guided) Caliphs. These men were the closest of Muhammad's companions. The policy of the Rashidun Caliphs was to continue Muhammad's aggressive territorial expansion.
Freebase(0.00 / 0 votes)Rate this definition: Conservatism is a political and social philosophy that promotes retaining traditional social institutions. A person who follows the philosophies of conservatism is referred to as a traditionalist or conservative.
The convention of conservatism, also known as the doctrine of prudence in accounting is a policy of anticipating possible future losses but not future gains. This policy tends to understate rather than overstate net assets and net income, and therefore lead companies to play safe.