ISLAMIC BANKING AND FINANCE
Keywords:
Islamic economy, Islamic banking, Islamic banks, Islamic financial system, principles of Islamic financeAbstract
Islamic banking is grounded in the tenets of the Islamic faith as they relate to commercial transactions. The principles of Islamic banking are derived from the Quran–the central religious text of Islam. In Islamic banking, all transactions must comply with Shariah, the legal code of Islam (based on the teachings of the Quran). The rules that govern commercial transactions in Islamic banking are referred to as fiqh almuamalat.
References
https://corporatefinanceinstitute.com
E.A.Baydaulet “Basics of Islamic finance”
MALAYSIAN FINANCIALSECTOR, https://www.bnm.gov.my/islamic-banking-takaful
Published
2022-05-10
Issue
Section
Articles
How to Cite
ISLAMIC BANKING AND FINANCE. (2022). Eurasian Journal of Academic Research, 2(5), 451-456. https://in-academy.uz/index.php/EJAR/article/view/2058
