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Islamic Bank and Finance

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abu_ghifari View Drop Down
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Joined: 14 September 2016
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    Posted: 14 September 2016 at 10:58am
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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tahir590 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote tahir590 Quote  Post ReplyReply Direct Link To This Post Posted: 26 January 2017 at 1:55am
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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