There is no doubt that Canvass of Islamic Banking is limited as comosred with conventional banking as Islamjc Banks can only invest / do bysiness in Halal business and cannot lend for luqour advertisenent films dranas etc
@pervaizakhter3684 Жыл бұрын
. Let's we read and discuss the three major ways of Islamic Bsnking which are 1.Running Mushariqa 2. commodity Mubaraha 3.Absolute Mudareba where depositors capital or deposit is at 100 per cent risk where Bank functions as Mudarib and depositor acts as capital provider as absent investor non active partner.etc and a certain fluctuating profit is given to Depositor about 7/8 per cent while the real butter of profit upto 22 percent is earned by Islamic banks making.billion
@pervaizakhter3684 Жыл бұрын
Role of SBP is very important.
@pervaizakhter3684 Жыл бұрын
Why Mudarebat method is not successful as said by Taqi Usmani and others. Taqi Usmani prefers Mushariqat / partnership with certain conditions in Islamic banking ensuring security of depositor capital or hard saving . Let's also read Javed Ghamdi reg his recommendations" Principal Secured Financing " as well entering in Hiring Agreement Insteas of lease or loan agreement for vehicles as well as Mortgage financing based of Rent agreement till payment of all amount when ownership of house is transferred to the mortgagee who is also allowed to rent out the mortgaged House as well as is allowed to sell the house before all payment of mortgage amount and get profit by paying the remaining outside amount of Bank.
@ehsanmalik295422 күн бұрын
A Bank can never be islamic owing to underlying system of Fractional Reserve Banking. Thanks.