| Topic : Trends In Banking |
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Posted in Community :
Banking & Insurance Professionals
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Activity:
24 views;
last activity : 10 04 2011 13:16:32 +0000
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Islamic Banking, which is useful all needy peole by giving Quardul Hasan(Interest free loan)
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Islamic Accounting
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islamic economics
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Ideas in:
"Islamic Banking"
Islamic Banking, which is useful all needy peole by giving Quardul Hasan(Interest free loan)
by
Saiyad Arifmahamad, MBA/PGDM student, Oxford School Of Management, Mehsana
| 10 04 2011 13:16:32 +0000
As per sharia the Riba(interest) is prohibited for the Muslims.The Banks can work on the basis of interest free concept.Investor deposit money, share profit & the people get loan & bear the loss.
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Kaisar Ahmad Mir, Program Manager, Jan Shikshan Sansthan (ANHAD)
| 07 12 2011 18:30:00 +0000
Islamic Banking is really a great concept but unfortunately it is also misinterpreted by some people because the word Islam irritates them.
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In Islamic Accounting we can learn about MURABAHA, MUDHARABA, MUSHARAKA, ISTHISNA, IJARA, SALAM etc., which are using in Islamic Bank.
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Raju V P, Senior Manager, an International Bank
| 07 12 2011 19:46:22 +0000
Islamic banking is a very much misunderstood concept. People need to understand that since Islamic laws say 'No' to interest, they take 'profit' for making deposits and take 'loss' when they take a loan.
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Raju V P, Senior Manager, an International Bank
| 07 12 2011 19:43:43 +0000
Islamic banking prohibits interest but not profits. So share market is welcomed by Islamic teachings. It encourages likes of Harshal Dalal.
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Mohommad Azharuddin, Engineer, Atlas Copco
| 01 08 2011 05:48:17 +0000
Is share market Halal according to Islam.
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Mohommad Azharuddin, Engineer, Atlas Copco
| 01 08 2011 05:47:17 +0000
Is revenue genereted in India is backed up by gold.
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In Islamic Accounting we can learn about MURABAHA, MUDHARABA, MUSHARAKA, ISTHISNA, IJARA, SALAM etc., which are using in Islamic Bank. |
Islamic Economics, which is economics refer with ligths of sharia norms |
