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Islamic Bank and Finance

Printed From: IslamiCity.org
Category: Religion - Islam
Forum Name: Islamic Finance
Forum Description: Islamic Finance
URL: https://www.islamicity.org/forum/forum_posts.asp?TID=38120
Printed Date: 24 April 2024 at 6:55pm
Software Version: Web Wiz Forums 12.03 - http://www.webwizforums.com


Topic: Islamic Bank and Finance
Posted By: abu_ghifari
Subject: Islamic Bank and Finance
Date 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 - https://www.youtube.com/watch?v=lOw8uEmxPAA

Source ppt file included in this video



Replies:
Posted By: tahir590
Date 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



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