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Islamic Bank and Finance |
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tahir590 
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Joined: 22 August 2014 Status: Offline Points: 14 |
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 Topic: Islamic Bank and FinancePosted: 26 January 2017 at 1:55am |
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t is consistent with Islamic law (Shariah) principles and guided by Islamic economics. The contemporary movement of Islamic finance is based on the belief that "all forms of interest are riba and hence prohibited
http://www.forumpakistan.com.pk/islam-forum-f49.html Edited by tahir590 - 26 January 2017 at 1:56am |
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abu_ghifari
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Male Joined: 14 September 2016 Location: Indonesia Status: Offline Points: 1 |
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Posted: 14 September 2016 at 10:58am |
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This Video explain Islamic finance, including banks and other lending institutions, raise capital in accordance with Sharia, or Islamic law.
Sharia prohibits acceptance of specific interest or fees for loans of money (known as riba, or usury), whether the payment is fixed or floating. https://www.youtube.com/watch?v=lOw8uEmxPAA Source ppt file included in this video |
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