Exchange Currency

Islamic banking

A system of banking based on the statutes of Islamic law and economics. Paying or collecting interest, or riba, is prohibited by Islamic law. Sharing profit and loss is a banking principle and shareholder capital and deposits are kept separate to ensure fair revenue sharing.

Related information about Islamic banking:
  1. Islamic banking - Wikipedia, the free encyclopedia
    Islamic banking (or participant banking) (Arabic: المصرفية الإسلامية‎) is banking or banking activity that is consistent with the principles of sharia law and its ...
     
  2. Institute of Islamic Banking and Insurance - Home
    Academic and research organisation dedicated to the promotion and implementation of Islamic finance. Includes information about publications, training, and ...
     
  3. Islamic Banking: Steady in Shaky Times
    Oct 31, 2008 ... JIDDAH, Saudi Arabia -- As big Western financial institutions have teetered one after the other in the crisis of recent weeks, another financial ...
     
  4. Islamic Banking Network | A portal fo Islamic Banking and Finance
    Introduction This paper outlines a theoretical model in which a major determinant of asset prices within an economy is the amount of credit creation undertaken ...
     
  5. Islamic Banking & Finance magazine
    Summary of articles featured in the current issue of Islamic Banking & Finance magazine.
     
  6. Islamic Banking
    An analytic essay on Islamic Banking. Traces the history, describes the methods and analyses the problems. Provides viables solutions. References.
     
  7. Finacle - Islamic Banking System Solutions
    Finacle Islamic Banking Solution & Services offers an integrated approach for banks to define & present Shariah-compliant Products & Services to customers.
     
  8. Bank Alfalah Limited -- Islamic Banking
    At the heart of Islamic Banking is a system of commercial transactions that not only provides Halal modes of commercial transactions by avoiding that which is ...