|
Source: Shariabanking.net
|
|
Sunday, 13 August 2006 |
|
Islamic finance is mainly made up of one or more of the following principles: Ijara, Mudaraba, Musharaka and Murabaha. These are explained under the relevant parts of the website, under Sharia mortgages for example. |
|
Last Updated ( Saturday, 24 February 2007 )
|
|
Read more...
|
|
Sunday, 13 August 2006 |
|
As you know, Sharia law is not just a system of criminal justice but more a way of life for most Muslims. It covers religious rituals, and many aspects of political, social and domestic life. |
|
Last Updated ( Monday, 28 August 2006 )
|
|
Read more...
|
|
|
Wednesday, 09 August 2006 |
|
The Arabic word ‘Shariah’ literally means ‘the path to a watering hole’. It refers to traditional Islamic law which comes from a variety of sources, and was fixed around the tenth century. These sources include the Qur’an (the Holy Koran), and Hadith and Sunna (collections of deeds and words from the prophet Muhammad) |
|
Last Updated ( Monday, 28 August 2006 )
|
|
Read more...
|
|
|
Wednesday, 09 August 2006 |
Modern Shariah-compliant Islamic banking has been operating since the 1960's when the first ‘social bank' launched in Egypt. Since then, over 250 Islamic banks and financial institutions have been established worldwide.
|
|
Last Updated ( Tuesday, 19 September 2006 )
|
|
Read more...
|
|
|
Wednesday, 09 August 2006 |
In terms of finance, Shariah law says money has no intrinsic value and making money from money is forbidden. In practice this means.... |
|
Last Updated ( Tuesday, 19 September 2006 )
|
|
Read more...
|
|
|
