Salient features of Islamic banking

Salient features of Islamic banking Concepts of Islamic Banking, Historical and Its Objective In the late seventies and early eighties, Muslim countries were awoken by the emergence of Islami Bank which provided interest-free banking facilities. There are currently more than 300 interest-free institutions all over the world. Islam Bank nowadays […]

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Accounting and Auditing Organizations for Islamic Financial Institutions (AAOIFI)

Accounting and Auditing Organizations for Islamic Financial Institutions (AAOIFI) The Accounting Standards for Islamic Banks are prepared by the ‘Accounting and Auditing Organization for Islamic Financial Institutions. (AAOIFI), which was established in accordance with the agreements signed by Islamic Financial Institutions on 26 February 1990 in Algiers during the meeting […]

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Definition of bank by different authors

Definition of bank by different authors

 Definition of bank by different authors In this Article, you will learn- Definition of bank by different authors What is a bank Various definition of bank The objective from the viewpoint of Bank owners, The objective from the viewpoint of the government and The objective from the viewpoint of Bank customers. The bank is […]

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