Islamic Banking

Islamic banking refers to a system of banking activities that operates within the realms of Shari'ah teachings. For further details see: ISRA, Islamic Financial System; Principles and Operations.

Types of Banking

The investment deposit is usually known as a profit-and-loss sharing (PLS) account or simply, the investment account. A mudarabah deposit is a form of investment account. Under this principle, the depositor who acts as the rabbul mal (wealth/ property owner) deposits his money into the bank which acts as a mudarib (fund manager) that will subsequently use the money for investment purposes.

انخفاض قيمة العملة

Islamic Financial System ©

 

 


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