Month: April 2019
- Overview
takaful Islamic (Islamic Insurrance)
1. What is Takaful ? The takaful Insurance is an agreement between members of a given group and common interests,…
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Islamic Mortgage
It is known that conventional banks use interest-based loan contracts as the main instruments to provide finance to their customers.…
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Sukuk (Islamic Bonds)
The Arabic word sukuk is the plural of the word sakk which means “financial document allowing the holder to benefit…
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Islamic Banking Vs Conventional Banking
The commitment of Islamic banks in their dealings with the provisions of Islamic Sharia, distinguish them from the traditional banks.…
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Investment Deposits
Investment deposits are Islamic bank’s counterparts to term deposits or time deposits in the conventional system. They are also called…
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Islamic Savings accounts
Savings accounts are designed specifically to meet the needs and requirements of customers who authorize the bank to invest their…
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Islamic Current Accounts
Bank deposits, also called bank accounts, are among the most important sources of funds in banks in general, including Islamic…
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Bank Cards In Islamic Banking
Today, bank cards occupy a great deal in our daily lives, spreading so much throughout the world that they have…
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Shari’a Compliant
1. Definition Of Shari’a The literal meaning of Shari’a is “way” or “path to the water source”; technically, it refers…
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Tawarruq
Some forms of financial transactions continue to raise controversy among people because of the divergence of jurisprudential views. Tawarruq is…
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