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Islamic banking is a fast growing industry world over. Worldwide growth rate is more than 15 per cent while it is about 40 per cent in Pakistan. With every passing day, its penetration in every society is increasing, covering more and more areas. The developments during the last ten years in the field have drawn attention of the people on individual level and in business and corporate sectors.
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Islamic banking and finance?
Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical
What is service Ijarah in Islamic banking?
islamic banks hire the services to a client, for example a student having this financing /hiring this facility from the bank to join courses at the university.
What are the Main features of Islamic banking and insurance policy?
what are the main features of islamic banking and insurance poiicy ?
Why do you want join banking sector?
because of banking sector is presently rapidly growing very fast, and lot of vacancies in it.
Is Islamic banking halal?
Yes. As per Islamic laws giving and receiving interest is considered Haram or Unlawful. So, Islamic banking practices were started to provide banking services to customers following the Islamic faith so that they can take up banking without offending their religious sentiments.
What are the objectives and principles of islamiC banking system?
As per Islamic laws giving and receiving interest is considered Haram or Unlawful. So, Islamic banking practices were started to provide banking services to customers following the Islamic faith so that they can take up banking without offending their religious sentiments.
What is isalmic banking?
As per Islamic laws giving and receiving interest is considered Haram or Unlawful. So, Islamic banking practices were started to provide banking services to customers following the Islamic faith so that they can take up banking without offending their religious sentiments.
What are some popular Islamic banking services?
Islamic banking services are available from some specialist Islamic banking institutions such as Islamic Bank of Britain, or European Islamic Investment Bank. There are also an increasing number of Islamic banking services available from non-Islamic institutions such as Lloyds TSB.
Why is it necessary to introduce islamic banking system to a country like nigeria?
Any country that has a significant Islamic population would need Islamic banking systems to help the Islamic community avail banking services. Per the Islamic laws, giving or taking interest is considered haram or illegal. Islamic banks operate per the laws laid down by Islamic Religion and thus more and more Islamic people can use their banking services. They may not be willing to open an account with a regular bank as it is forbidden per their religion.
What is differences between Islamic economics and modern economics?
islamic banking is nt full on interest but infront of modern banking totally on interest
Which is the top university for Islamic banking and finance?
International islamic university Malaysia
Problems faced by Islamic banks in Pakistan?
There are many problems to Islamic banking in Pakistan as compared to conventional banking system. There is no legal framework, lack of professionals, no central bank, to educate the people about Islamic banking to increase Islamic finance in the market,innovation and new technology and experience .fiqa problems educated scholars are required to compete conventional banking in Pakistan
