31 Pages Essay, Research Paper Examples

Islamic Banking

In simple terms, Islamic banking is a banking system that functions according to the guidelines laid down by the Shariah (Islamic law). β€œIslamic banking is banking based on Islamic law (Shariah). It follows the Shariah, called fiqh muamalat (Islamic rules on transactions). The rules and practices of fiqh muamalat were incorporated from the Quran, the […]