The concept of islamic banking from muslim's perspective

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collectionurl https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072
date 2018-11-17 03:46:01
eventvenue UNISZA
format Restricted Document
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originalfilename 1358-01-FH03-FKI-19-22946.pdf
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spelling 6448 https://intelek.unisza.edu.my/intelek/pages/view.php?ref=6448 https://intelek.unisza.edu.my/intelek/pages/search.php?search=!collection407072 Restricted Document Conference Conference Paper application/pdf 10 Adobe Acrobat Pro DC 20 Paper Capture Plug-in 1.7 Acer acer ACER 2018-11-17 03:46:01 1358-01-FH03-FKI-19-22946.pdf UniSZA Private Access The concept of islamic banking from muslim's perspective "Islamic banking" refers to the “conduct of banking operations in consonance with Islamic teachings” (Ahmad, 2016). Islamic banks are required to run their business activity with full conformity to Shariah. They should not borrow money on interest nor keep their surplus cash in interest bearing account as well as should not involve in any prohibited business deals. Even if the business activities are permissible, the borrowings may be based on riba, the surplus is kept in interest bearing accounts and so on. Considering these facts, the paper is conducted as an alternative to free Muslim investors and small managers from the sinful action of dealing with those banking business activities. 1-10 Seminar Kebangsaan Majlis Dekan Pendidikan Universiti Awam 2018 UNISZA
spellingShingle The concept of islamic banking from muslim's perspective
summary "Islamic banking" refers to the “conduct of banking operations in consonance with Islamic teachings” (Ahmad, 2016). Islamic banks are required to run their business activity with full conformity to Shariah. They should not borrow money on interest nor keep their surplus cash in interest bearing account as well as should not involve in any prohibited business deals. Even if the business activities are permissible, the borrowings may be based on riba, the surplus is kept in interest bearing accounts and so on. Considering these facts, the paper is conducted as an alternative to free Muslim investors and small managers from the sinful action of dealing with those banking business activities.
title The concept of islamic banking from muslim's perspective
title_full The concept of islamic banking from muslim's perspective
title_fullStr The concept of islamic banking from muslim's perspective
title_full_unstemmed The concept of islamic banking from muslim's perspective
title_short The concept of islamic banking from muslim's perspective
title_sort concept of islamic banking from muslim's perspective