• IFT OCTOBER 2020

$2.00

SKU: ISSN 1800-1319-23-1 Category: Tags: , , , , ,
Description:
Islamic banking institutions are established to provide an alternative
financing arrangement that uses trading (al-bay) as opposed to usury
in their business. The banking modality however is still based on the

Details :

Information
Name IFT October 2020
ISSN 1800-1319
Language English

Islamic banking institutions are established to provide an alternative
financing arrangement that uses trading (al-bay) as opposed to usury
in their business. The banking modality however is still based on the
deposit-taking function where deposit funds are used by banks to make
loans. Deposit funds are in essence loans acquired from depositors who
can make withdrawal on call,

Share This

Reviews

There are no reviews yet.

Be the first to review “IFT October 2020”

Your email address will not be published. Required fields are marked *