Islamic banking and Commercial Banking Islamic banking and Commercial Banking: Discussion of Islamic banking and Commercial Banking 1.0 Islamic Banking: Banking run on Islamic Principle. The Organization of Islamic Conference …
Characteristic of Islamic Finance What is the relevant characteristic of Islamic Finance? The most relevant characteristic of Islamic finance can be optimized in the following four basic principles: To avoid …
Bai-salam Bai-salam defined as a contract or agreement with a buyer and seller in which the seller is sold in advance the certain commodity (ies)/ products(s) permissible under Shairah and …
Islamic Bank BD Al-Arafah Islami Bank Limited Swift Code: ALARBDDH Phone: +880-2-7123255-7, 9568007, 9569353 Email: aibl@al-arafahbank.com Stock Code – Website http://www.al-arafahbank.com
Islamic Banking Modes Islamic banks do not directly deal in money. They run business with money. The funds of Islamic banks are mainly invested in the following modes: 1) Mudaraba; 2) …
Islamic Banking Deposit Products Shariah principles for receiving deposits Islamic banks receive deposits under two principles: i) Al-Wadeeah principle. ii) Mudaraba principle. Al-Wadeeah: Fund which is deposited with Banks by …
Terms used in Islamic Banking The following terms as used in this guideline, if not repugnant to the subject or affairs, shall have the following meaning: a. “Shariah” means such …
What you know about Islamic banking Islamic banking (or participatory banking) is that types of banking or banking activity which is consist of the principles of Islamic rule (i.e Sharia) …
